Conduct a competitive analysis using the swot method

Assignment Help Marketing Management
Reference no: EM131848703

Question: As a social media analyst, you developed a research plan for your client in the MKT 330 Marketing Research and Digital Analytics course. Congratulations! The research plan was a success and now your client is requesting a Social Media Strategic Plan. Before you create the plan, you need to develop an outline to ensure that the client has everything that they require.

Create an outline that includes specific bullets with corresponding information that you can give to your client for sign-off. You will use the outline as a guide when creating your Social Media Strategic Plan. (Note:Refer to Chapter 15 "Social Media Marketing Plan" for additional information.)

1. Customer profile of your target market (i.e. attributes: demographics, psychographics, geographic locations, behavioral, life style, etc.).

2. Conduct a competitive analysis using the SWOT method.

3. Set goals and determine strategies. (Chapter 2 introduces a set of general social media goals, which provides excellent starting point for crafting the organization-specific goals. Also, Chapter 2 introduced the Eight C's of Strategy Development.)

4. Incorporate information regarding the observations of social media presence from the MKT 330 Marketing Research and Digital Analytics course and then select platforms. (Note: Use the following five (5) key metrics for auditing a company's social media presence on individual social media platforms:

o Sentiment Analysis - Shows the number of positive, neutral, or negative mentions on each social media platform where the company has a sizable presence.

o Reach - Indicates the number of Twitter followers, Facebook fans, LinkedIn group members, Flickr view count, and so on.

o Company Posts - Measure how often the company posts on each social media platform.

o Feedback - Shows the number of comments, likes, or replies to company-generated content.

o Average Response Time - Assesses response time to user comments on the company's social media properties.

5. Format your assignment according to the following formatting requirements:

o Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

o Include a cover page containing the title of the assignment, your name, the professor's name, the course title, and the date. The cover page is not included in the required page length.

o Include a reference page with a minimum of three high quality references. Citations and references must follow APA format. The reference page is not included in the required page length.

The specific course learning outcomes associated with this assignment are:

• Compare and contrast the purpose and features of various types of social media.

• Identify ways in which businesses and/or celebrities use social media marketing to engage customers.

• Identify how to measure and assess the effectiveness of social media strategic plan.

• Use technology and information resources to research issues in social media strategy.

• Write clearly and concisely about social media strategy using proper writing mechanics.

Reference no: EM131848703

Questions Cloud

What division of seats maximizes gate receipts : If w seats are allocated to wolverton supporters, each can be sold for 20- (w/2000) and if m seats are allocated to manteca supporters
Federal deposite insurance corporation : Despite the regulations that protect banks from failure, some do fail. Go to Federal Deposite Insurance Corporation Webiste.
Addresses current best practices for managing the disorder : Addresses current best practices for assessing and managing the disorder you selected. Be sure that the research article you select is from a reputable source.
Create a use-case diagram for the system : How are the different functional models related, and how does this a? ect the verifcation and validation of the models?
Conduct a competitive analysis using the swot method : As a social media analyst, you developed a research plan for your client in the MKT 330 Marketing Research and Digital Analytics course.
Education in the arts versus engineering or business : 1. Discuss the idea of external benefits in funding an education in the arts versus engineering or business
Develop a slide setting the theme and goals of presentation : The Product Life Cycle (PLC) is a vital component of the marketing plan. Monitoring products and services as they flow through this process helps marketing.
Law of marginal returns or the law of increasing costs : An important law in economics is the "law of marginal returns or the law of increasing costs". Discuss in terms of studying this topic
What is the standard error of the mean in experiment : a. What is the standard error of the mean in this experiment? b. What is the probability that the sample mean is between $3.46 and $3.54?

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd