Social Media Marketing Unit 4

Jun 10, 2024

Lecture Notes: Social Media Marketing Unit 4

जय गलबत मॉडल्स

  • Components:
    • Strategy: Clear plan for using digital tools to reach business goals, identify opportunities, and adapt to digital technology.
    • Structure: Organize company to adopt and implement new ideas, eliminate rigid departments, and create collaborative teams.
    • Process: Create simple and flexible ways to support digital plans, automate tasks, and manage projects effectively.
    • People: Encourage employees to present new ideas and use digital tools, hire talented people, provide training, and promote a failure-free environment.
    • Technology: Use latest digital tools to improve business; invest in software for efficiency and creating appealing digital products.
    • Metrics and Measurement: Track progress against set goals to measure success and understand customer satisfaction.
    • Customer Centricity: Prioritize customer happiness by providing personalized experiences and easy transactions.

Digital Transformation

  • Benefits:

    • Improved efficiency
    • Enhanced customer experience
    • Data-driven decisions
    • Global reach
  • Objectives:

    • Enhance customer experience
    • Operational efficiency
    • Data-driven decision making
    • Market expansion
    • Employee empowerment
    • Business model transformation
    • Brand differentiation
  • Steps:

    • Assessment and Planning
    • Leadership Commitment
    • Technology Selection and Adoption
    • Skill Development and Training
    • Data Strategy and Governance
    • Change Management
    • Continuous Improvement and Adoption

Digital Leadership & Principles

  • Characteristics:

    • Visionary Thinking
    • Customer Focus
    • Adaptability
    • Innovation
    • Data-Driven Decision Making
  • Principles:

    • Vision and Strategy
    • Customer Centricity
    • Innovation and Agility
    • Empowerment and Collaboration
    • Ethical and Responsible Leadership
    • Continuous Learning and Development

Online PR (Public Relations)

  • Methods:
    • Utilizing online platforms (social media, blogs, websites)
    • Engaging in real-time communication
    • Cost-effective strategies
    • Building brand awareness and improving relationships

Online vs Traditional PR

  • Online PR:

    • Global reach
    • Real-time communication
    • Cost-effective
    • Measurable metrics
    • Direct engagement
  • Traditional PR:

    • Limited reach
    • Slow communication
    • Costly
    • Difficult to measure
    • Indirect engagement

Online Reputation Management (ORM) & Tools

  • Importance of ORM:

    • Enhances brand perception
    • Crisis prevention
    • Builds customer trust
    • SEO benefits
    • Competitive advantage
  • Tools:

    • Social Media Listening Tools (e.g., Hootsuite)
    • Review Management Platforms (e.g., Trustpilot)
    • Search Engine Reputation Management (SERM) Tools
    • Online Review Generation Tools (e.g., Podium)
    • Social Media Analytics Tools
    • Online Monitoring Tools

ROI of Digital Strategy

  • Definition:
    • ROI: Return On Investment
    • Measures profitability and efficiency of investments
  • Components & Analysis:
    • Cost Analysis
    • Performance Metrics
    • ROI Calculation
    • Attribution Analysis
    • Benchmarking
    • Long-term Impact
    • Testing and Optimization

Adding Value to Businesses through Digital Marketing

  • Benefits:
    • Increased reach
    • Targeted advertising
    • Cost-effective marketing
    • Measurable results
    • Improved customer engagement
    • Enhanced brand awareness