Table of Contents
- Introduction
- Objective
- Review of literature
- What is social media marketing and strategy in general
- Tools of social media:
- Social media platforms
- Current statistics
- Number of users on popular social networking sites
- Unique monthly visits on top social networking websites
- Male-female ratio
- Age demographics of social networking users
- Social media users in india
- Analysis of social networking usage trends for indian internet users
- Social media network users in india
- Users on popular social networking sites
- Developing marketers marketing strategies on social media
- What social growth means for brands in india
- Brand engagement through social media on the rise
- Brands using social media as their marketing tool
- Social media marketing strategy:
- Social media and business communication strategy
- Why social media?
- Social media and the success
- How does social media/Internet marketing help new fashion and lifestyle brands to get attention and recognition.
- Launching a new brand
- Role of social media marketing in fashion industry and lifestyle
- How organizations use social media
- Engagement ads
- Advertising through apps
- Successful campaign on social media networking
- Common social media marketing mistakes that brands make:
- Case Study
- Jabong.com
- Zappos.com
- Methodology
- Data sources
- RESEARCH METHODOLOGY
- PRIMARY RESEARCH Sampling
- Tools of data collection
- Data analysis method
- Findings
- CONCLUSION
- Limitations
- REFERENCES / BIBLIOGRAPHY
Introduction
The base for any media to succeed is to make Conversation impactful.
Social media marketing (SMM) is the new method of marketing which is based on
the common principle of Word of Mouth (WOM). Social media marketing (SMM) is
the latest innovation in the marketing world. It is being found that India is
the world’s 3rd largest internet market, growing at 10.2% (Comscore). The
research also found some other interesting facts. There are more than 75
million people in India who are estimated to visit social media sites
regularly, which is 60.50% of the total active Indian internet audience. More
than 90% of Indian online users belong to 18-45 age group, which has high
purchasing power and high disposable income. An average Indian spends 9.7 hours
a week on social networking sites. In a nutshell, the social media websites in
India are growing by almost 100% year after year. The amount of growth social
media sites are experiencing is not seen anywhere.
Besides the growth, opportunities lie within the high target audience
with the age group majorly consisting of 18 – 45. Also on social networking
sites, it is all about conversation. Everything is an experience on this
platform and it is the job of marketers to make the experience wonderful.
Marketing via Social Media has become more and more interesting as the days are
passing by.
Research includes fashion marketing through social
media platform, social media trends, general activities and preferences of
Social media users, and the impact of Fashion Brands on Social media network
users.
Objective
·
To
study fashion marketing through social media platform
Sub
Objective –
·
To
study social media marketing
·
To
study social media marketing strategies, mistakes and tools
·
To study how do fashion brands (new and
existing brands) use digital media platform to promote themselves.
·
To study existing case studies
Review of literature
What is social media marketing and strategy in general
Social media marketing refers to the process of gaining website traffic or attention
through social media sites.
Social media marketing programs usually center on efforts to create
content that attracts attention and encourages readers to share it with their
social networks. A corporate message spreads from user to user and presumably
resonates because it appears to come from a trusted, third-party source, as
opposed to the brand or company itself. Hence, this form of marketing is
driven by word-of-mouth, meaning it results in earned media rather than paid
media.
Tools of social media:
There are many
elements / tools of SMM. The most commonly used and impactful are
·
Website,
·
Facebook,
·
Twiter,
·
Linkedin,
·
Youtube,
·
Blogs
etc.
Social media platforms
·
Of
400 million users, 20 million join fan pages every day.
·
5
billion links, photos and videos are shared on facebook everyday
·
Fastest
growing segment on facebook is 35 years old and older
·
Radio
and TV took decades to reach 50 million users
·
Facebook
added 100 million users in 6 months
Current statistics
Facts
·
3
out of 4 people use social networks regularly
·
Social
media has overtaken email as the #1 activity on the web
·
17%
of all web usage
·
There
are over 200 million blogs
·
900,000
blog posts everyday
·
34%
post opinions about companies brands and products.
·
93%
of social media users believe companies should have a presence in social media
Number of
users on popular social networking sites
|
Social
Networking Sites
|
Number
of Users(in millions)
|
|
Facebook
|
901
|
|
Twitter
|
555
|
|
Google+
|
170
|
|
Linkedin
|
150
|
|
Pinterest
|
11.7
|
Unique
monthly visits on top social networking websites
|
Social
Networking Sites
|
Unique
Monthly Visitors (in millions)
|
|
Facebook
|
7012.9
|
|
Twitter
|
182.1
|
|
Google+
|
61.0
|
|
Linkedin
|
85.7
|
|
Pinterest
|
104.4
|
Male-female
ratio
|
Social
Networking Sites
|
Male
|
Female
|
|
Facebook
|
40%
|
60%
|
|
Twitter
|
43%
|
57%
|
|
Google+
|
63%
|
37%
|
|
Linkedin
|
55%
|
45%
|
|
Pinterest
|
31.8%
|
68.2%
|
Time spend by average social
networking user per month
|
Social
Networking Site
|
Time
Spend per month ( in Minutes)
|
|
Facebook
|
405
|
|
Twitter
|
21
|
|
Google+
|
3
|
|
Linkedin
|
17
|
|
Pinterest
|
89
|
Age demographics of social networking
users
|
Social
Networking Site
|
13-17
|
18-25
|
26-34
|
35-44
|
45-54
|
55+
|
|
Facebook
|
11%
|
29%
|
23%
|
18%
|
12%
|
7%
|
|
Twitter
|
4%
|
13%
|
30%
|
27%
|
17%
|
9%
|
|
Google+
|
9%
|
23%
|
35%
|
15%
|
11%
|
7%
|
|
Linkedin
|
0%
|
18.1%
|
31.2%
|
24.8%
|
15%
|
10.5%
|
|
Pinterest
|
3%
|
6%
|
28%
|
28%
|
25%
|
11%
|
Social
media users in india
Social
networking is one of the top activities for internet users in India, fuelled by
the simultaneous growth of social media adoption in the country. Social networking
offer seamless integration with other functions enabling instant photo sharing,
updates, and website links and more.
Analysis of social
networking usage trends for indian internet users
-
Social
Networking properties (apps/sites) are the most accessed to search
-
Facebook
leads the list, Google+ comes in second
-
One
in three Facebook users does not use any other Social Networking
Property
-
Facebook
is very sticky with an average user logging in 17 days a month
-
While
Facebook is used throughout the day, engagement levels peak late at night
93% of Android
smartphone users in India used social networking on their smartphones in April
2012, up from 86% in October 2011. The level reached 86% via Apps and 66% via
websites.
Facebook is the dominant Social Networking property with a reach that is more than 5 times higher than its nearest competitor - Google+, with a total reach of 88% vs. 17% for Google+. A sign of Facebook's domination is that one in three Facebook users doesn't use any other Social Networking property.
The more preferred way to access Facebook is through the app. Integration with other Social Networking properties and with phone features (eg., camera, browser) make the app a convenient one stop solution. (nielsenwire, May 2012)
Social media network users
in india
Social media network users in India are expected to reach
76.1 million users in 2012 and 129.3 million by 2014.
- 2011: 50.2 million
- 2012: 76.1 million
- 2013: 105.0 million
- 2014: 129.3 million
- 2011: 50.2 million
- 2012: 76.1 million
- 2013: 105.0 million
- 2014: 129.3 million
Users on popular social
networking sites
Facebook –crosses 50 million users in India
Twitter–grows to 13 million users
LinkedIn–has over 14 million users. India is the second largest
user base after the U.S.A.
Google
Plus -India
has 17.51 million users which is 10.3% of worldwide users
Activities
performed on social networking websites in India:
- Check updates: 86%
-
Send messages/mail: 82%
- Share view photographs: 81%
- Get in touch with old
friends/colleagues: 79%
- Watch videos/movies or listen
to music: 73%
- Keep in touch with family
members: 73%
- Use site's applications: 63%
- Participate in discussions on
issues/products/services: 58%
- Find out more about
prospective spouse/girlfriend/boyfriend: 52%
- Play games: 51%
- Keep track of
ex-girlfriend/boyfriend/partner: 46%
- Research future employer or
employee: 43%
“Social media is
now ingrained in the way tech savvy Indians live their lives. With its ability
to play multiple roles in an individual’s life by enabling shared experiences,
creating linkages between communities and satisfying the need to be networked,
its role in creating a deeper engagement is a boon to marketing,” said Adrian
Terron, Vice President of Global Communications and Marketing for Nielsen.
“The social web
appears to have gone beyond supplementing communication. Online Indians today
are using social media to facilitate activities that range from leisure like
entertainment, improving their livelihood through job searches and researching
prospective partners,” said Suhale Kapoor, EVP, AbsolutData.
- Check updates: 86%
- Send messages/mail: 82%
- Share view photographs: 81%
- Get in touch with old friends/colleagues: 79%
- Watch videos/movies or listen to music: 73%
- Keep in touch with family members: 73%
- Use site's applications: 63%
- Participate in discussions on issues/products/services: 58%
- Find out more about prospective spouse/girlfriend/boyfriend: 52%
- Play games: 51%
- Keep track of ex-girlfriend/boyfriend/partner: 46%
- Research future employer or employee: 43%
Developing
marketers marketing strategies on social media
Marketers in
India expect to increase the use of social media and email to reach their
customers in 2012, according to Octane
Research's January 2012 "Gearing Up For Growth: India
e-Marketing Outlook 2012" report. Almost 69% of marketers said they
planned to adopt social media marketing in the coming year, and 53.1% plan to
invest in email marketing. 46% of marketers also plan to pay more attention to
developing company websites.
eMarketer estimates that internet penetration
in India will remain in the single digits, but marketers are steadily
increasing their attention to digital media as online usage grows.
Social media has now become part of everyday
life for a majority of online Indians. Nearly 30 million Indians who are online
are members of social networking sites and about two-thirds of them spend time
on these social networking sites daily.
More importantly, Indians spend more time on
social media than they do using personal email. The study found that an equal
number spend up to an hour on social networking and email. However while just
8% spend between an hour and three hours on personal email, 20% spend the same
time on social media sites.
What social growth means for
brands in india
Social media is
also gathering momentum rapidly. Based on the current rate of growth and the
intention of online Indians to participate in social media, the study estimates
that over the next 6 months 45,000 online Indians intend to join social
networking sites each day.
the awareness of
brands on social media, a fourth of online Indians were able to recall brands
using social media. Of those consumers who are on social networking sites, a
small but growing number claim to be following brands on these platforms.
“This indicates
that no single brand ‘owns’ the social media space and that the opportunity to
become a ‘social’ brand is overwhelming. Given that, having a social media
presence connotes ‘innovation’ ‘customer friendliness’ and a sense of ‘cool’.
Brand engagement through
social media on the rise
Nearly 40
million Indians are using online reviews to inform purchase decisions - 67% of
Indians who are on the web use online reviews to help them make purchases. As
personal opinion gains currency on the social web, online users are seeking
various outlets to express themselves, be it blogs or social media sites.
Increasingly,
Indians also want brands to communicate with them using social media. 60%
Indians who are social media users are open to being approached by brands
indicating that social media has the ability to change the dynamic between
brands and consumers who are typically time-starved and may consider
traditional forms of advertising obtrusive and undesirable. (Nielsen, May 2011)
Brands using social media as
their marketing tool
Social media is about more than marketing
and branding. It’s quickly becoming an essential part of customer outreach for
brands. In addition to using social
platforms to monitor conversations about their Brand, product and
competitors, companies are increasingly reaching out to their customers via the
social Web to communicate messages about what they have to offer. In fact,
social media is transforming the way organizations communicate. The social
media tools available today are very cost-effective as compared to traditional
approaches such as email and online advertising. Blog posts and tweets enable
businesses to create communities, offer immediate feedback or assistance, and
promote their products and services.
A surprising number of
companies of all sizes have yet to use social media as a communication tool. Social cast
has compiled an interesting info graphic that visualizes data from many
sources, including eMarketer, the Center for
Marketing at the University of Massachusetts Dartmouth, and Nielsen, about how Fortune 500 companies use social media. The
majority of companies studied found social platforms such as blogging, social
networking, and online video to be successful.
Here’s a look at why
organizations adopt social media, what types of tools have been successful and
how important they are for outreach and some examples of how companies have
tapped Facebook, Twitter, and blogging for customer communication:
Social
media marketing strategy:
1. Determine capacity and need for training.
Creating a plan by knowing how much time and
money one can reasonably devote to social media marketing each day. How much
time a person need to
spend? It depends on three things:
• The size of the business
• Budget
• The size of one’s goals
If it is for a solo entrepreneur who just wants
to expand his/her reach then he may not need to spend more than 15 minutes a
day on social media marketing. If it is a business such as The Hershey Company,
with dozens of brands then one should be going to an entire team of social
media marketers in place.
Also one should ask himself how much social
media knowledge you’re bringing to the table. Be sure to factor in time and
associated costs for necessary training. This can be as simple as downloading a
few free eBooks, or as complicated as taking a week-long social media workshop.
2. Listen.
Before starting, plan
what to post, check other social media sites such as Facebook,Twitter and LinkedIn to see what
ones customers are already talking about. This is also a good time to find out
competitors that are online, what kind of content they’re posting, and how
often.
A good way to monitor
the chatter – and find influencers in ones market – is to perform a keyword
search in directories such as WeFollow or LinkedIn
Groups. What topics seem to generate the most responses? What topics
go ignored? Jot down any noticeable trends.
3.
Choose your mediums and monitoring tools.
Most social media
users can be found on Facebook, Twitter and LinkedIn. Choose one
social media site to start, then move onto others. Or some businesses create
marketing plans for all three, plus a few niche sites. Whatever chosen, just be
sure ones social media marketing plan is sustainable over the long haul.
Next, figure out how
to monitor each social media account. Will one set his Facebook profile to
email him whenever someone posts on his page, or will he check in manually? If
he checks in manually, how often?
For Twitter, one can
set his phone or social media browser to alert him whenever someone sends a
reply or direct message. Also consider setting up a Google Alert of
business name to monitor any mentions happening outside of ones account.
4.
Crafting your content
Fourth, figure out the
message that is going to be posted on each social media account and how often.
If one has a schedule of special promotions or events, a person may want to
schedule some posts and tweets leading up to each event.
The timing of ones posts can
greatly impact the effectiveness of his social media marketing. As content is
posted, one may want to try different times of day and different days of the
week to see which ones generate the most responses.
It is also a good idea
to make a list of potential sources to pull information from during slow week.
These posts don’t have to be scheduled, but it helps to have their sources
identified beforehand so one doesn’t have to search for them later.
5.
Planning your responses
Fifth, brainstorm all
the possible situations that could happen on a person’s social media account.
Perhaps someone posts a legitimate complaint to his Twitter profile. Maybe they
use his Facebook page to complain about something that’s not legitimate. How
will that person judge? How will he reply?
Maybe someone uses
ones Facebook page to promote his business, or post obscene photos. What will
one leave up? What will he delete?
When mapping out
scenarios, remember to account for the good things, too. What if someone posts
a compliment? Will he respond? Can he create a strategy that leverages positive
feedback in future marketing?
It helps to have a
response mapped out for every situation, especially if one is responsible for
the social media marketing of a large company or group of people. That way,
don’t have to worry about making the wrong move.
6.
Evolve
Eventually something
will happen that doesn’t have a planned response. Adapt social media plan as
needed. One may hire an assistant, and need to create an appendix to the social
media plan that spells out who’s responsible for doing what.
Social media and business
communication strategy
Social media is
rapidly transforming the way organizations communicate with customers. As a
cost effective way to engage online, social media gives companies boarder reach
beyond traditional communication methods like email. With a simple post or
tweet, businesses can promote brands, products and services, provide instant
feedback or landscape requires a solid social media strategy.
Why social media?
Immediate:
Social media
technologies support real time dialogue and feedback, allowing companies to be
more productive to potential opportunities and issues that may come up.
Broad
Influence: In 2011, 6.7
billion hours were spent on social media sites. That’s 19% of all time spent
online.
Easy:
It takes practically
no time to setup an account on social networking sites and applications. Best
of all and paperless.
Free: Most social media applications today cost nothing
and add tremendous value that’s an attractive alternative for businesses
looking to cut costs.
Customer
feedback: From
customer tweets about bad experiences or praise for a job well done. Social
media provides feedback from customers that business can use to improve
customer service.
Brand
loyalty: At least
half of Twitter and Facebook users said they had become more likely to talk
about recommend or purchase brand or company products after they began
following company on social media
Successful brands of
FACEBOOK fan pages
Coca-cola
The brand is
proud of its customers. So proud, in fact, that they display user generation
content in their main page wall feed
Converse belongs
to the top 3 brands on Facebook.
Converse is one of the fastest growing brands with almost a million new
sneaker supporters gained in June 2012. the single most engaging photo posted
during June 2012. More than 109 thousands Likes went to the picture
claiming: “Nothing beats a Chuck’s celebration.”
32,480,771 fans
likes and 406,771 talking about
Redbull
(Energy Drink)
Instead of relying on corporate tweets, Red Bull aggregated a twitter
stream from sponsored athletes and celebrities on their fan page.
29,129,579 fans likes and · 336,086 talking about
Successful brands on TWITTER
Whole Foods
Invites customers to upcoming
company event while also actively asking them what they are interested in
reading, watching and eating.
35,206
Tweets, 2,862,552 Followers,
557,231 Following
JetBlue airways
Jet Blue aims to show that its
brand is built by real people who care, so employees use twitter to engage with
customers to address their travel needs.
31473 tweets, 1678826 followers, 111273 following
Starbucks’
Starbucks’
strategy is one where they would rather reach out and connect with each and
every follower on a personal level.
11892 tweets, 2750567 followers, 78480 following
Successful brands on BLOGS
NOWNESS
The brand that
were most successful with e-commerce haven been those who have distinguished
themselves with experiential stories. Those stories are crafted through
packaging and signage, highly stylized display advertising and translated to
the web, blogs, social networks and mobile platforms.
LOFT
LOFT is
experiencing rapid growth on traditional blog, web and social media.
Holistically can be seen in the way that Live Love Loft showcases a
sophisticated lifestyle as well as its clothes. Blog topics focus on
health, beauty, environmental sustainability, travel, food and more.
How does social
media/Internet marketing help new fashion and lifestyle brands to get attention
and recognition.
Internet is a
free tool available for all the users and manufactures. It is the most powerful
medium in today’s time. Every soul has a digital presence. For a new company,
internet is a good way to carry out pre launch activities like research, market
study and segmentation and positioning etc.
Launching a new brand
1. Identify your target consumer. According to Minkoff, before launching something new,
a company must ask itself three questions: Who is my customer? What is he/she
doing? Where are they going? Doing so, the ideal target can be realized.
2. Authenticity is the difference between an
individual's voice and a brand's online. Customers are well-disposed towards honest dialogue
and story-based content.
3. Recognition as a privilege, not a right. As social media is a conversation field, companies
should think about what they want to be read if they intend to gain attention.
4. Intention converts into action. The communication has to be as simple, clean and
tangible as it is possible. If the purpose of your program is understood by
"everyone", then it is guaranteed to attract attention.
5. "You don't need to intimidate to
rule", Aliza Licht said. Known across the Internet as the
voice of Donna Karan International, she knows better than any brand the
importance of approachability and accessibility.
6. Find out the source of a trend. Who or what makes something go viral? Depending on
what is considered trendy, the location of its birth can range from street
style photography and bloggers, magazine editorials or a popular celebrity,
too.
7. Followers' count is not the ultimate
goal. Darren Herman,
chief digital media officer of media planning agency MediaKitchen, wants brands
to know that there's no need to undestand the numbers, but the insights. This
means that engagement and response from an online-based project is just as
important (probably much more) than the numbers of followers an account has
gained.
8. Promotions offer limited social
engagement. According
to the "State of Style" report, only 20% of online followers are
driven by promotions like competitions or discounts. To increase engagement,
brands must be focused on the purpose and the usefulness of new campaigns.
9. M-commerce and apps drive both traffic and
revenue. Alexandra Wilkis
Wilson reported that her company (Gilt Groupe) makes over 30% of its total
revenue from mobile purchases.
10. Consider f-commerce in your social
media plan. The
Doneger Group's Catherine Moellering revealed an estimated 786% increase in
e-commerce campaigns based on Facebook from 2011 to 2015.
11. Be hacker-minded. Don't be afraid to experiment, fail and experiment
again.
Thus Cyber world helps
·
in
determining people’s lifestyle
·
consumer
behavior
·
psychographics
·
consumer
preferences
·
easy
to target consumers with similar tastes
·
to
shape opinion about a brand or service
·
a
way to build goodwill in the market
·
Analyze
new trends
·
Building
a brand value
·
To
know legal formalities
·
In
talent hunt
Role of social media
marketing in fashion industry and lifestyle
Social Media in the Fashion Industry is a
marketing style that allows brands to connect with their target market through social media
outlets such as Facebook,
Twitter,
and YouTube.
According to Macala Wright Lee, CEO of Fashionably Marketing. Me, “Until
recently, the fashion industry has been fashionably late to the social media
party, refusing to adopt it at all, or merely adopting one-way communication
via social networks and RSS feeds for sales and promotions.” Many brands
initially believed social networking would weaken the relationship with
consumers, but for most it has turned into a “genuine interaction between brand
and client.”. These brands use social media as a contemporary platform to
connect with younger demographics.
Becoming a part of the
social media network allows companies in the fashion industry to capture a
large audience. According to Macala Wright Lee, “The Fashion Industry has
adopted social media as a marketing platform to reach their customers online
and reignite brand passion and customer loyalty.” The easily accessible,
conversational nature of social media makes it an ideal platform for building
consumer trust and loyalty - crucial components of fashion marketing. Brands
attempt to distinguish themselves in social media by offering promotions,
perks, and discounts.
In fact, the
fashion industry has embraced digital media and is basking in its new, more
direct, “relationship” with its customers. It is using digital media to tell a
much more interesting story about what it is offering to take an enhanced
version of its traditional “runway” presentation directly to the public, to all
their customers to experiment with and customize their products and to learn
what their customers are buying and aren’t buying, and why.
How
organizations use social media
Fashion brands have taken the opportunity to
utilize social media in several ways, the most prevalent being advertising. The
other uses include reporting news, updates, announcements, events, promotions,
and customer service. This allows outsiders an inside look to what goes on. For
example, organizations can use Facebook to promote events and give full news
stories. They can use Twitter for shorter updates and announcements. Both
social media sites have the ability to promote the brand. The company decides
which sites to use and controls how these sites display their image.
Avoiding the use of
social media platforms has been seen as detrimental to a brand’s success.
Companies’ awareness of society’s dependence on technology drives them to delve
into social media. In order to maintain their customer base, brands must be
fully immersed in these technological trends. A study by Morgan
Stanley shows mobile internet use will surpass that of desktop
internet use by 2015. Social media has enabled consumers to feel more
“connected” to companies. It has also proven to give more exposure to
individual brands.
Engagement
ads
Facebook developed engagement ads that allow
more communication between the advertisers and the Facebook users. The most
common form is a fan page where users can receive automatic updates, comment on
ads, and RSVP to events. Fashion brands like American Apparel and Victoria’s
Secret PINK take it a step further and include contests to further engage
users. These small interactions of commenting, voting and “liking” activities
allow brands to see what consumers like and dislike. The page’s fan base allows
companies to pinpoint their actual target market.
Facebook has created a
way to measure viral marketing by allowing page admins to track how often
content is shared and how much has spread throughout the site. The brands
benefit from being able to see which fans are sharing their material and it
gives them a way to see their return on investment (ROI).
Here are some terms Facebook provides to help
advertisers know how engaging their ads are:
Interactions: Total number of comments, Wall
posts, and likes.
Interactions Per Post: Average number of
comments, Wall posts, and likes generated by each piece of content you post.
Post Quality: Score measuring how engaging
your content is to Facebook users. A higher Post Quality indicates material
that better engages users.
Posts: Number of posts your Page has made
either on the Wall or in video.
Page Views: Number of times your Page has been
viewed by Facebook users.
Stream CTR / ETR: This graph is a measure of
the Click Through Rate and Engagement Rate for your content appearing in the
Facebook News Feed. If a user clicks on one of your posts, that will be counted
as Stream CTR. If a user likes or comments on one of your posts, that will be
counted in the Stream ETR. Please note that Stream data is based on a sample
and therefore is an estimate of your Stream CTR and ETR.
Media Consumption: This graph tracks how many
photo views, audio plays, and video plays your content have received.
Discussion Posts: Total number of discussion
posts written by fans.
Reviews: Number of times your Page has been
rated in the Reviews application.
Advertising
through apps
Companies have found ways to utilize apps on
both social networking sites and mobile phones.
Gilt Groupe, a private discounted site for
luxury clothing, created Android apps to promote their products. According to
the Vice President of Product Management for Gilt, “The Gilt for Android App
was specifically designed for Android-powered devices. Android users can now
shop Gilt sales, preview upcoming sales, and invite friends from anywhere via
multiple messaging channels, including sharing the app via QR code. In
addition, unique to Android devices is the Gilt widget, which is always
viewable on the phone so that Android users can see today’s sales even if they
don’t have the Gilt app open.” Gilt has found multiple ways to market itself
through just one custom-made app.
Gilt Groupe earns about 4% of its revenue from
purchases made from the iPad. Shoppers using the device are increasing their
spend at a higher rate than consumers using other devices. The retailer, says
177,000 consumers have downloaded its iPad app. And the average order value for
a purchase made from an iPad is about 30% higher than for purchases made from
an iPhone.
Facebook allows independent developers to
create apps that market for several brands, or custom-develop an app for one
brand. The widespread use of these applications is Facebook commerce. Target released an
application that allows users to virtually play with the clothing by mixing and
matching outfits while trying them on. The merchandise displayed in the game
constantly changes to reflect only what is being sold in Target stores. It also
increases traffic by linking users to that same item on their website
Successful campaign on social media
networking
Diesel Photo Booth
People love trying out new clothes, and sharing
their photos in the new clothes with their friends further adds to the fun
element. Diesel attracted more consumers to its stores, by tapping into this
urge of shoppers. In its new campaign, Diesel brought in photo machines to its
stores, through which shoppers could click their pictures and share them with
their friends on the social networking site Facebook.
Common social media marketing mistakes that brands
make:
Here are eight common mistakes B2B companies
make when jumping into social media marketing. Avoid these, and
you'll greatly increase your chances of success.
Unless your product is a price-sensitive
impulse purchase (e.g. a restaurant tweeting about today's lunch specials),
social media doesn't work well for direct response. For B2B companies, social
media is primarily about interaction and knowledge sharing. A hard-sell
approach is not only ineffective, but it can also damage a firm's brand.
Social media is not like an advertising or
email blast campaign designed to produce immediate results; it takes time to
develop relationships, build significant blog readership or attract a large
Twitter following. Social media marketing can produce significant results,
but not overnight.
3. Failing to invest sufficient time and effort.
As a consequence of #2 above, many social
media efforts are dubbed failures before they have a chance to succeed. Blogs
have a few posts written and are then abandoned. Twitter accounts sit
silent with only a handful of followers. Facebook fan pages go
without updates for months on end. The B2B companies achieving results with
social media are those that set a clear strategy, adjust tactics based on
results and experience, and maintain commitment to their social media efforts.
Social media is about listening and
interacting. Focusing only on your own message -- our product this, our company
that -- is as boorish as talking only about yourself at a business mixer or
cocktail party. Of course, you can link to your own blog posts or other content
on occasion, but these should be mixed in with links to external content, and
in the context of answering a question or providing helpful information to
solve a problem.
It's not enough
to have great content. You need other people sharing it on your behalf as well.
Use your blog, Twitter, and LinkedIn accounts, and other social media tools to
build a network of influencers who will amplify your content, and use RSS
syndication sites to expand the reach of your blog.
For CEOs and
anyone who represents the "face" of your company to customers,
prospects or other stakeholders, every profile on LinkedIn or other social networking
sites is a marketing opportunity. While obviously allowing space for
originality, every profile should include a compelling and consistent brand
message (as well as links to the corporate website, blog, Twitter account,
etc.).
One of the most
significant aspects of social media is that it empowers others to share your
message (or contradict it). You can't control every conversation about your
brand in social media, but you can help shape them, or at least be seen as
responsive in participating in them. Social media monitoring is
imperative for understanding what's being said about your products or services,
thanking your fans and responding to critics.
Social media,
your corporate website, PR activities and even online advertising don't exist
in isolation from each other; the impact of all of these programs can be
magnified by linking them wherever appropriate. Press releases should link to
related content on your website or blog as well as to the profiles of anyone
quoted. Your corporate website, email newsletters, even employee email
signatures should link to your blog and Twitter account. Product microsites can
be linked back to the corporate site or blog for additional information.
Cross-linking between these different sites and sources raises your profile in
search, maximizing your Web presence within your industry and product space.
Case Study
The best example
at this point is that of a company called Jabong.com and Zappos.com who are
scaling great heights.
Jabong.com
Jabong.com,
founded in 2011, is a young and vibrant company that aims to provide good
quality branded products. Jabong.com caters to the fashion needs of men’s,
women’s and kids across footwear, apparel, jewellery and accessories.
It is a privately held company
with a total headcount of 1001 employees. At Jabong.com we strive
to achieve the highest level of “Customer Satisfaction” possible. Our cutting
edge E-commerce platform, highly experienced buying team, agile warehouse
systems and state of the art customer care centre provides customer with:
·
Broader
selection of products
·
Superior
buying experience
·
On-time
delivery of products
·
Quick
resolution of any concerns
Specialties Leading
online retailers of fashionable Apparels, Accessories and Shoes, Outstanding
customer service.
Interestingly, Jabong, which went live in October 2011, did all these
within just six-eight months. It rolled out several categories like shoes,
apparel, accessories, sports equipment, jewellery, beauty products, fragrances,
home décor and toys in record time. The company also embarked on a huge mass
communication campaign, created its own logistics network and ensured a
significant presence in the market within a very short span while others took
at least two-three years to build them up.
The result: Jabong has emerged as one of the top three e-commerce players
in India in traffic terms. According to statistics by comScore, Jabong ranks
second, with over 6 million unique visitors in June 2012.
Jabong.com is ranked #804 in the world according to Alexa traffic rankings and the monthly
revenue is: $ 228,600.
Jabong.com has Google
pagerank #3. The estimated website net worth and values based on its
advertising revenue is around $3 Million. Jabong.com receives 1.4
Million pageviews per day and generates nearly $4,104 every day
in advertising revenue. Jabong.com has recently shown
a 1.13% Loss in the traffic rank. The average page load time
is 1.7 seconds, which is faster than 41% of sites around
the world. Jabong.com has website back links from #607website.
Jabong.com has a popular site score rating of 4 out of 5 Stars.
Jabong.com appears to be hosted in India. Jabong.com hosted on.
The company has fully exploited the social media for reaching out to its
customers. They have a strong presence on the web and online social
communities. The company had conducted the research on web and did not indulge
in traditional advertising medium like radio or TV in the beginning but instead
designed a strong SMM strategy.
Zappos.com
Zappos.com
is an online retailer that sells shoes, clothing and accessories. Headquarter
currently based in Henderson, Nevada, United States.
In July 2009, the company announced it would
be acquired by Amazon.com in an all-stock deal worth about $1.2 billion.
Since its founding in 1999, Zappos has grown to be the largest online shoe
store.
Zappos is
known for the enormous emphasis they put on creating real relationships with
their fans and customers.
Notice their Facebook custom welcome tab below. Their catchy saying,
“Let’s be in a Like-Like relationship,” shows they treat their potential
fans as equals, solidifying their relationships even more.
One great strategy they’ve employed is to first ask for the Like and
then ask their new fans to join their email list. Once you click their Like
button, the custom tab changes and you then see the opportunity to sign up for
their email list and interact with their products, as seen in the image below.
By waiting until after the fan clicks the Like button, Zappos is proving they
care about building relationships with their fans first.
In addition, Zappos uses a strategy often called “fans-only content”
where they reveal content only after someone has become a fan, such as the
fashion images in the illustration above. Once you click the Like button, you
get instant access to exclusive content, videos and special promotions.
They’ve also included comment widgets, as seen below, on their custom
welcome tab where you can post about their products and your comments will post
to your profile or page, telling all your friends or fans what you like most
about Zappos. Great social proof!
One of the best engagement strategies I’ve seen on Facebook is Zappos’
“Fan of the Week” contest. They encourage fans to send in their photos with the
Zappos box and other fans get to vote on the best photo of the week. What’s
great is that Zappos highlights the fan of the week by putting him or her in
their wall image photo for all to see. As seen below, this is definitely about
putting your customers first!
Tip: Brainstorm ways you can use social media to make your
fans the stars. The more you spotlight your fans and followers on your social
media channels, the more often they’ll engage with you and come back for more.
Remember, you don’t have to be a billion-dollar company to model what Zappos is
doing on their Facebook page. You can take their best strategies, tweak them to
fit your unique needs and make them work for your business.
Methodology
The research
conducted so far is secondary, based on the existing body of work related to
the subject and exploratory in nature as it explores various aspects of fashion
marketing through social media platform and tools
Based on the study,
further exploratory Research has been conducted to identify and study customer
perception of fashion marketing through social media platform
The
Research has been divided into two parts, Part 1) fashion marketing through
social media platform and tools Part 2) To study customer perception of fashion
marketing through social media platform
Data
sources
To
study Part 1, data and information has been collected from several sites eg:
emarketer, Wikipedia and socialbakers etc.
For
Part 2, An online survey has been carried out through web to gather information
to be analyzed and study customer perception of fashion marketing through
social media platform
Research methodology
As briefly
described above, Exploratory research has been conducted by administering an
online survey to collect data.
Sampling
The research
conducted a snowball survey. A total of 80 participants have completed the
survey questionnaire
Tools of data collection
An online survey creator qualtrics.com was
used to create and post the online survey. The survey instrument itself
included 18 open-ended, Likert Scale and multiple choice questions. The
instrument social media trends, general
activities and preferences of Social media users and the impact of Fashion
Brands on Social media network users. A copy of the survey questionnaire can be
found in Appendix A.
Data analysis method
The results
tabulated from qualtrics.com were analyzed to determine frequencies and percentages. To draw further
conclusions certain questions were cross tabulated. Questions
shortlisted for further conclusions were chosen to extract the following
information:
-
Reasons for not using social media
- Main user activities on social media
-
User perception of the effectiveness of fashion
marketing on social media platforms
-
Fashion brands community members (age pattern)
-
Most active social media platforms for fashion brand
community members
-
Potential reasons to join fashion brand
communities
-
Reasons for joining fashion brand communities
-
Main activities on fashion brand communities
-
Members’ perception of information and activities of fashion brand
communities on social media
- Degree of influence on members’ of
fashion communities resulting in purchase
Findings
Analysis of the collected data from 80
completed surveys based on the shortlisted questions and cross tabulations resulted
in the following findings:
Table
1. Percentage wise Social Media Users and Non users.
|
A vast majority of 82% participants
are social media users, while 18% found to be non users
Table
2: Non social media users
|
Reasons for not using Social Media
|
In %
|
|
Unnecessary
discussion
|
16.66%
|
|
Unsafe/Fake
ID
|
50%
|
|
Privacy
issues
|
100%
|
|
Unauthentic
info.
|
67%
|
Main reason for participants for not using
social media is based on concern for privacy. 100% of participants have opted
for this reason. 67% of participants find the information posted on social
media unauthentic and are not using social media. 50% of the respondents feel
using social media is unsafe/fake while 16.66% did not join social media
because of unnecessary decisions on the platform.
Table
3: General Social media Users
|
Main Activities on Social Media
|
In %
|
|
To
connect with friends, colleagues,
family and business associates
|
76%
|
|
To
find information and share feedback about brands and products
|
8%
|
|
Social
media is a good tool for self expression
|
5%
|
|
To
meet new people
|
14%
|
|
To
Discuss subjects & issues of interest
|
9%
|
|
User perception of the
effectiveness of fashion marketing on social media platform
|
In %
|
|
Most
Effective
|
13%
|
|
More
Effective
|
42%
|
|
Effective
|
23%
|
|
Less
Effective
|
16%
|
|
Not
Effective
|
6%
|
42% of participants find fashion
marketing on social media platform more effective, while 23% find it effective.
Another 13% perceive it to be most effective. 16% of respondents find fashion
marketing on the platform less effective while 6% do not find it effective.
Table
5: Members and Non members on Fashion Brand communities
|
Fashion Brand Community members
|
In %
|
|
Fashion
Brand Community members
|
52%
|
|
Non
Fashion Brand Community members
|
48%
|
Out of all the social media users, 52%
are members of fashion brand communities on social media while the remaining
48% are general users and have not opted for a fashion brand community
membership.
Table
6: Fashion Brands community Members
|
Age Group
|
In %
|
|
15-20
|
0%
|
|
20-25
|
11%
|
|
25-30
|
29%
|
|
30-35
|
47%
|
|
35-40
|
11%
|
|
40+
|
3%
|
47% of Fashion brand community members
are between the age group of 35 to 35 years. Another 29% are found to be
between 25 to 30 years. For age groups 20 to 25 years and 35 to 40 years, it is
found that there are 11% participants for each group. 3% participants are
either 40yrs of age or above while there are no participants under the age of
20 yrs.
Table
7: Fashion Brands Community Members
|
Most Active On
|
In %
|
|
Facebook
|
68%
|
|
Linkedin
|
3%
|
|
Twitter
|
10%
|
|
Orkut
|
13%
|
|
Other
|
6%
|
Facebook takes the maximum share of
activity by fashion brand community members at 68% while 13% members are active
on Orkut. 10% members are active on fashion brand communities on twitter with
3% on Linkedin. The remaining 6% are
active on other social media platforms.
Table
8: General User’s
|
Potential Reasons To Join
Fashion Brands Community
|
IN %
|
|
To
receive information on new products, special promotions, sales, discounts
|
35%
|
|
To get
knowledge about fashion style, taste and tips
|
34%
|
|
To
follow up on status updates and news and join conversation on
products/campaigns etc.
|
10%
|
|
To see
pictures, videos or application of fashion trends
|
9%
|
|
To be
informed about and invited to upcoming events/product Launches
|
8%
|
|
Because
so many of my Facebook friends are ‘fans’ of that profile
|
2%
|
|
Because
a friend invited me
|
2%
|
Receiving information on new products,
special promotions, sales, discounts is found to be one of the main potential
reasons to join fashion brand communities on social media as 35% of the
responses have opted for it. Getting knowledge about fashion style, taste and
tips at 34% is found to be another important potential reason. 10% of responses
find following up on status updates and news and join conversation on
products/campaigns etc. as one of the main potential reasons while viewing pictures,
videos or application of fashion trends is at 9%. Another 8% would potentially
join a fashion community on social media to be informed about and invited to
upcoming events/product Launches. 2% of responses say that the presence of
friends on a particular community would be a reason to join it while another 2%
would join they receive a friend’s request.
Table 9: Fashion community members
|
As a member of fashion brand
community on social media I find Information and activities
|
In %
|
|
Useful
and interesting
|
30%
|
|
Have
neutral feeling about it
|
19%
|
|
Helpful
in understanding products and services better
|
9%
|
|
Lack
of engaging conversations and content
|
13%
|
|
Annoying
because of a lot of spam’s and damage to privacy
|
9%
|
30% of fashion community members find
information within their communities useful and interesting while 19% have a
neutral feeling about it. 13% of members
do not find the conversations and content engaging . 9% find it helpful in
understanding products and services better while a similar 9% find it annoying
because of spam and damage to privacy.
Conclusion
Social media marketing is the most promised upcoming tool
for marketing and promotional activities. It has a deep and long lasting impact
in the mindset of the customers and has effective strategy of maintaining
uniform reputation among a vast section of prospective customers. The result
may not be observed from the first day, however over a period of time it could
surely have a remarkable difference on the marketing promotion scenario. In
this evolving world of internet and social media, platform and communication,
this is the future of marketing promotion and strategies.
The research finds almost half of social media users are
members of Fashion Brand communities promoting different brands. Facebook is found
to be the mostly widely used Social media network with maximum activity on
Fashion Communities
Both members and
non members of Fashion communities on Social media believe Fashion Marketing on
the platform is useful and influences them.
A vast majority of
Fashion Community members believe they feel encouraged to buy from Brands where
they are members themselves as the main reason for them to be part of these
communities is to gain relevant information on products and services.
Limitations
The research draws its conclusions based
on snowball sampling technique and studies segments based on whether the
participants use social media or not and whether the users are part of Fashion
communities on Social media platforms. A much larger sample size is required to
arrive at a more accurate reflection of the proportions of users, non users and
those who are members are of Fashion communities on Social media.
References / Bibliography
Indians spend more time on social media than emails -2012.
Retrived April 2012.
Wikipedia, Social media marjeting-2012, Retrived
April 2012, http://en.wikipedia.org/wiki/Social_media_marketing
Nielsen. social media – Q3/2011.
Retrieved November 8th, 2011 http://blog.nielsen.com/nielsenwire/social/
Nielsenwire.indians
spend more time on social media then on personal email – Q4/2011. Retrieved
November 8th, 2011, http://blog.nielsen.com/nielsenwire/global/indians-now-spend-more-time-on-social-media-sites-than-on-personal-email/
Emarketer, Social
media 2012- Retrieved April 2012http://www.emarketer.com
Pamorama, using social media for
customer communication2011- Retrieved july 2011. http:://www.pamorama.net/2011/07/30/using-social-media-for-customer-cummunication-infographic/#UBplnKB5fRB
Fashionblymarketing, Digital marketing
stratergy insight 2012- Retrieved February 2012. http:://fashionblymarketing.me/2012/02/digital-marketing-stratergy-insight/
Wikipedia, Social media in the Fashion
industry-2012, Retrived April 2012,
http://en.wikipedia.org/wiki/Social_media_in_the_fashion_industry
Hubspot, common mistakes in B2B social media
marketing -2012, Retrived may 2012, http://blog.hubspot.com/blog/tabid/6307/bid/5668/8-Common-Mistakes-in-B2B-Social-Media-Marketing.aspx
Sociabakers, Social media marketing -2012,
july 2012, http://www.socialbakers.com
FreewebsiteReport,
Jabong.com-2012, retrived july 2012, http://www.freewebsitereport.org/www.jabong.com
worthofweb,
Jabong.com-2012, retrived july 2012, http://www.worthofweb.com/website-value/jabong.com
techcircle,
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