Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Initial consultation with stakeholders about Kogan.com. Mission, Vision and objectives of Kogan.com in regard to the product or service The objectives need to be SMART

  1. Initial consultation with stakeholders about Kogan.com.
  2. Mission, Vision and objectives of Kogan.com in regard to the product or service
    • The objectives need to be SMART (Specific, Measurable, Attainable, Relevant and Timely). When defining these objectives think about the following:
    • What the 'Return on investment' will be? This may include increased customer spend, greater brand awareness, an increase in visits and online registrations, etc. How you quantify and measure the success of your plan will depend on your business and marketing objectives. This will differ from business to business.
    • Define Kogan.com's objectives for each part of the customer journey - Awareness, Acquisition and Conversion. Your plan needs to look at the whole customer journey.
    • Make sure that your objectives reflect exactly what you will be measured on (KPI's).
  3. Summary of strategies and tactics to be used - Once your objectives have been defined, you need to provide a top level summary of your Strategy - outlining how you are going to use digital marketing to meet them. The strategy should summarise the 'bigger picture' without yet going into the detail. It should explain the concept behind the tactics, providing a general overview of the techniques to be used.
  4. A brief summary of the marketing environment for this product or service
  5. Projected outcomes and 'return on investment'. Details can be included in budget or costing section.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advertising & IMC Principles & Practice

Authors: Sandra Moriarty, Nancy Mitchell, William Wells

9th Edition

9780132998208, 0132163640, 132998203, 978-0132163644

More Books

Students also viewed these Marketing questions

Question

9-9. Is the hard sell approach unethical? Why or why not? [LO-2]

Answered: 1 week ago

Question

9-5. What is the AIDA model, and what are its limitations? [LO2]

Answered: 1 week ago