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Haier Assignment
Haier Assignment
●Introduction/History
●Digital Media Analysis
●Social Media Analysis
●Visual Media Analysis
●Conclusion
Introduction and
History
Haier is the leader in the home appliances market in
Pakistan with an overall market share of 32 %. Haier
leads in most major home appliance categories including
air conditioners and washing machines and refrigerators
and deep freezers. To date it is the only company in
Pakistan producing locally assembles laptops.
First lets understand what digital media is by definition digitized content that can be
transmitted over internet and computer network. This can include text , audio, video
and graphics. This means news from a tv network, newspaper, magazine etc that is
presented on a website or blog can fall into this catagory. Eing able to use digital
media in the correct waty will help any business grow faster then anything else in
todays world
After explaning what is digital media is now lets have a look at which digital media
platforms are available to advertise you business to get a huge amount of
customers for your business.
First is SEM
search engine marketing that includes pay per click advertisements. PPC further
divided into two types. search ADS and Display Ads. here are some examples of
search ads on the screen. This is another exaples of display ads.
Talking about haier. Haier is not using this type of digital media advertisement to
promote its brand/ products because this type is more suitable for new businesses
who want business recognition and haier well known electronics brand having world
wide fame.
The second type is social media advertisement
Within social media advertisement there are several types of digital advertisement
campaigns that businesses run to generates lead,derive sales, increase brand
awareness and reach all type of people. They can run ads onb linkedin, pintrest, fb,
insta and etc.
Haier Pakistan is also using these platforms to reach people get more and more
loyal customers and to give a good competition to its compatitors. haier has active
accounts on almost all social media platforms its regularly updates these accounts
and give a quick response to peoples queries in short Haier is doing well on social
media.
Remarketing/Retargeting Advertising
Have you ver think how internet know that you are interested in buying a product?
The ad of apple airpods keeps popping up on every web page and every other
instagram post!
This type of digital advertising is called remarketing or retargeting once a user shown
interest in a product. They gather that data to use to their advantage in future.
businesses retarget through emails as well as social media and search engine
marketing
Haier is also use this strategy to generate leads , engage more audience and
increase its sales.
Vides Advertising
While its largely a part of social media advertising. Video ads can be in there own
category when we talk about digital advertising. Short attention spans are a huge
hurdle for advertisers and this is why video is dominating digital advertising. Video
allows people to absorb content and without much effort.
Using videos in place of text advertisements can be a game changer for a business.
They can use it to quickly engage with their audience.
Haier surely recogniz the importance of video advertisement and putting most part of
is advertising budget to video cummercials. This has worked for haier as it is one of
the leading elecrtonics brand of pakistan.
Podcasting
Podcasting is the online equivalent of recorded audio or video broadcast more
specifically audio broadcast. Businesses are using podcast to replace or
supplement some conference calls, newsletters, tranning courses and other
communication activites. Talking about haier haier is not using this medium to
support its branding which is drawback because the increased competition other
brands are also trying to cross each other and increase their sales.
To conclude my analysis i will say haier is doing very well in degital advertisement so
fat but it canincrease its sales and get more loyal customers by focusing on sem.
Social media is one of the most stress-free and profitable digital marketing
platforms that can be used to increase your business visibility. To get started,
create social media profiles for your business and start networking with others. By
applying a social media strategy, it will help you significantly increase your brand
recognition. By spending only a few hours per week, over 91% marketers claimed
that their social marketing efforts greatly increased their brand visibility and
heightened user experience. Undoubtedly, having a social media page for your
brand will benefit your business and with a regular use, it can also produce a wide
audience for your business in no time.
Cost-effective
Social media is a good way for engaging and interacting customers. The more you
communicate with the audience, the more chances you have of conversion. Set up
a two-way communication with your target audience so that their wishes are known
and their interest is catered with ease. Moreover, communication and engagement
with customers is one the ways to win their attention and convey them your brand
message. Thus, your brand will reach more audience in real terms and gets itself
established without any hassle.
When you have a social media presence, you make it easier for your customers to
find you and connect with you. By connecting with your customers through social
media, you are more probable to upsurge customer retention and customer loyalty.
Since developing a loyal customer base is one of the main goals of almost any
business. Customer satisfaction and brand loyalty typically go hand in hand. It is
essential to often engage with your customers and start developing a bond with
them. Social media is not just limited to introducing your product, it is also a
leading platform for promotional campaigns. A customer sees these platforms as
service channels where they can directly communicate with the business.
Social media plays a vital role in networking and communication platform. With the
help of these platforms, creating a voice for your company is important in
improving the overall brand image. Customers appreciate the fact that when they
post comments on your page, they receive a modified reply rather than a
computerized message. A brand that values its customers, takes the time to
compose a personal message, which is perceived naturally in a positive light.
Marketplace awareness
One of the best ways to find the needs and wants of your customers instead of
directly communicating with them is Marketplace awareness. It is also considered
as the most valuable advantage of social media. By observing the activities on your
profile, you can see customers’ interest and opinions that you might not know
otherwise if you didn’t have a social media presence. As a complementary research
tool, social media can help you get information and a better understanding of your
industry. Once you get a large following, you can then use additional tools to
examine other demographics of your consumers.
For making your business more powerful, brand loyalty and customer satisfaction
both play a major role, but it all comes down to communication. When customers
see your company posting on social media, especially replying to their queries and
posting original content, it helps them build a positive image in their minds.
Regularly interacting with your customers proves that you and your business care
about them. Once you get a few satisfied customers, who are vocal about their
positive purchase experience, you can let the advertising be done for you by
genuine customers who appreciated your product or service.
Increased traffic
One of the other benefits of Social Media is that it also helps increase your website
traffic. By sharing your content on social media, you are giving users a reason to
click-through to your website. On your social account, the more quality content you
share, the more inbound traffic you will generate while making conversion
opportunities.
Final words
There is no denying that Social media marketing has many advantages for startups
and established brands. By regular updating the right social media marketing
strategy, it will lead to increased traffic, better SEO, improved brand loyalty,
healthier customer satisfaction and much more. Your competition is already
increasing on social media day by day, so don’t let your competitors take your
probable customers. The earlier you start, the faster you see the growth in your
business.
Strengths
1.Digital Media( Haier is more focused on video advertisement which is the
most effective way to attract people and increase their sales)
2.Social Media(Facebook,Youtube, Instagram, Twitter and Linkedin)
3.Visual Media(Ads,Videos, Billboards,Campaigns, Financial and progress
reports)
Weakness
1.Digital Media(Podcasting)
2.Social Media(Youtube, Instagram, Twitter and Linkedin)
3.Visual Media(Focus more on few products, Ineffective innovation and
complexity)
Opportunities
1.Digital Media( Haier is more focused on video advertisement which is the
most effective way to attract people and increase their sales)
2.Social Media(Facebook,Youtube, Instagram, Twitter and Linkedin)
3.Visual Media(Ads,Videos, Billboards,Campaigns, Financial and progress
reports)
Threats
1.Digital Media( By losing focus on podcasting, instant messaging haier is
missing out a large number of audience.)
2.Social Media(Youtube, Instagram, Twitter and Linkedin)
3.Visual Media(Competitors are more actively using visual media)