This week we are discussing strategic planning with social
media, how it compares to typical marketing planning, and what strategies have
some of our favorite brands used with social media.
Both marketing planning and social media marketing planning
use situation analysis to address internal factors that effect their plan such
as what has the company used to set themselves apart from other brands and
created added value to their brand, external factors such as who are their
competitors, and SWOT analysis which looks at strengths, weaknesses,
opportunities, and threats. The difference in these two types of planning
happens in how the plan is executed, social media planning addresses how the
different zones of social media (community, publishing, entertainment, and
commerce) can be used to execute the marketing plan. Traditional marketing
planning focuses more on target market, product, pricing, promotion, and supply
chain strategies, which concentrates more on the product itself using
traditional forms of marketing vehicles and not how each vehicle can be used
differently to target a specific type of consumer.
I think my strengths would be found in step 1, conducting
situational analysis and identifying key opportunities, and step 2, stating
objectives. I enjoy creating the foundation of a plan to help me keep
everything organized and focused, so conducting situational and SWOT analysis
would be something I would be comfortable performing. The same goes with
stating objectives; setting up a focus on what the organization is expecting to
accomplish with the plan allows me to draw inspiration from that objective. My
weaknesses would be in step 3, gather insight into target audience, and step 5,
create an experience strategy encompassing selected zones. I have a hard time
imagining who would be the target market outside of the obvious targets, so
being able to identify more abstract targets would be challenging for me. I
don’t have much experience participating or developing experience activities in
social media marketing such as tweeting, submitting pictures for competitions,
and sharing promotional information. I plan to strengthen my weaknesses in
these areas by becoming more informed about these steps and maybe even perform
them for clients we will be working with throughout the semester.
One of my favorite brands is Free People, they use their
website to sell clothing, shoes, and accessories, as well as provide links to
their blogs and social media websites, which creates a uniformed platform
across social community, social publishing, and social commerce. Their focus is
on apparel, music, natural living, exercise, travel, and art; so it’s not just
an apparel brand it’s also a lifestyle brand. This type of natural, positive,
alternative lifestyle resonates with their target market because their
customers are young, open minded, creative individuals who support living a
green lifestyle that focuses on bettering themselves naturally, making a
difference in global environmental issues, and contributing to a more artistic
culture.
Another brand I like is Roxy, who partnered with Diane von
Furstenberg to create a collection of bathing suits, surfing gear, and
accessories. This collaboration combines a high-end fashion designer and a
world-wide surfing brand; for those who don’t know a lot about the surfing
world, there is a lot of style and fashion that goes into what a surfer wears
in and out of the water, how they surf, and what their board looks like. Just
like in fashion all these factors are an outward expression of the person
inside, so a surfers style is unique to each individual. DVFlovesRoxy was
promoted through the Roxy and Nordstrom websites, the Nordstrom catalog/app,
Facebook, Twitter, Pinterest, Instagram, YouTube, Tumblr, and email. The
campaign utilized many different social media tools to allow users to share the
promotion, gain access to exclusive prizes, and purchase the merchandise. By
allowing users to share the promotion of this collection on so many different
social media websites, they broadened the target range making it possible for a
limited time promotion to reach more people.
Thanks for visiting my blog and I hope this sparks some inspirational thought, as so many of the brands I follow do for me!
Marcy,
ReplyDeleteThanks for sharing. I agree that inconsistent posts make the blogger or the company looks bad. Do you have any ideas how to avoid this?