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Shwapno Incorporation of Traditional Marketing Tools and The Place of Digital Marketing Tools
Shwapno Incorporation of Traditional Marketing Tools and The Place of Digital Marketing Tools
Marketing Tools
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Contents
Executive Summary....................................................................................................................3
Introduction.................................................................................................................................4
Business Overview......................................................................................................................5
Vision......................................................................................................................................6
Mission Statement...................................................................................................................6
Newspaper...............................................................................................................................6
Television................................................................................................................................7
Radio.......................................................................................................................................7
Signage....................................................................................................................................7
Publicity..................................................................................................................................7
Referrals..................................................................................................................................8
SEO Marketing......................................................................................................................12
Email Marketing....................................................................................................................13
Conclusion................................................................................................................................13
Practical Recommendations......................................................................................................13
References.................................................................................................................................14
Appendices................................................................................................................................15
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Executive Summary
agribusiness, and retail. This report intends to look into the Marketing DNA of this giant retail
out. It will focus on the traditional marketing tools in use then make the recommendation on the
digital application. Currently, Shwapno is the market leader in terms of market share; it has 35 %
of the market and has 56 outlets spread across the country (Akib, 2018). The paper will give an
analysis of traditional marketing tools like TV, Radio, Newspaper, and also look into digital
tools like SEO Marketing, Social Media Marketing, and Email Marketing. The usefulness of
these tools will be discussed and a conclusion and practical recommendation made. The
discussion of these tools will be done in line with the Shwapno Retail business.
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Shwapno Incorporation of Traditional Marketing Tools And The Place Of Digital Marketing
Tools
Introduction
This paper intends to look into the marketing tools used by Shwapno, a retail giant operating
in Bangladesh. The choice of this out has been informed by its success in the competitive market
currently, it is the 39th largest economy in the world in nominal terms and 29th most significant
in terms of purchasing power parity (Young, 2019). It has also been classified as a frontier
market and considered among the Next Eleven emerging market middle income economies.
Bangladesh, in the first quarter of 2019, was the world’s seventh fastest-growing economy with a
rate of 7.3 % real GDP annual growth (Young, 2019). The report thus intends to look into the
marketing tools deployed by Shwapno Retail and to analyze their usefulness and effectiveness.
Marketing is a lifeblood of the business. It supports other critical components of business like the
Sales department as well as Finance. It is essential to look into a simple definition of marketing:
Marketing is the science and art of exploring, creating, and delivering value to satisfy the needs
of a target market at a profit (Kotler et al., 2015). Business outfits need to have the right
marketing tools to communicate their value propositions clearly to their target markets. These
The paper thus, look into both traditional marketing tools such as the role of print media,
broadcast media, Direct Marketing, Telemarketing, Word of mouth marketing, also known as
referral marketing. It will then proceed to analyze the digital marketing DNA. Digital marketing
will consist of content marketing, email marketing, and Search Engine optimization. Special
attention will be given to the functional role of digital marketing approaches in today’s business
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space. All these will be done in line with Shwapno Retail business model. Traditionally,
marketing has been how businesses and organizations communicate to, connect with, and
interact with their target audience. However, with the advancement in technology, specifically
the emergence of Social media and content marketing, the interaction has gone a notch higher
(Subramanian, 2018). Message packaging and delivery is essential now than ever. It is, therefore,
of significance to look into the specific marketing tools and strategies used by Shwapno Retail,
their usefulness, and effectiveness, and finally, to analyze the role of new marketing DNA in this
Business Overview
Shwapno Retail is a business unit of ACI Logistics, a subsidiary of the Advanced Chemical
Industry. Shwapno is the largest retail chain operating in Bangladesh. The business was launched
in 2008. It currently serves more than 32,000 customers a day (Akib, 2018). It offers a range of
products from fresh farm produce, daily household commodities to broader hardware items. The
company is a great advocate of consumers' rights. The retail chain thus has a full-fledged internal
Quality Assurance systems, which include supplier vetting, testing for additives, and harmful
products. Shwapno has been at the frontline in raising public awareness campaigns on food
safety, nutrition, and sustainability issues. The retail chain enjoys a cordial relationship with
several farmers spread across the country that supplies it with fresh produce. Shwapno has a
bright prospect in terms of growth; at the moment, it enjoys a substantial market share of 45 %
(Akib, 2018). It operates in Dhaka, Chittagong, Sylhet, and Comilla. It has a mix of business
models ranging from convenience stores to large megamall layouts. In line with the company's
core values of integrity, honesty, and professionalism in service delivery, Shwapno has been
consistent in its campaigns about food safety and nutrition. On its shelves, there is a constant
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supply of fresh produce outsourced directly from contracted producers spread across the country
(Akib, 2018). The retail was awarded the Best Retail Brand in 2016 by Bangladesh Retail
Forum. While continuing with expansion programs, raising the industry standards as well as
managing customers expectations, Shwapno is set to one of the most successful business in
Bangladesh and the world at large. It is already exploring new frontiers in e-commerce.
Vision
Our Vision is to be the Best Retailer where people love to work, shop, and invest.
Mission Statement
Our mission is to win the hearts and minds of our customers through continuous innovation,
Shwapno uses a mix of traditional marketing tools to reach and communicate with its target
audience. The following are the main traditional marketing tools in use by this giant retail outlet:
Newspaper
Television
Radio
Signage
Publicity
Referrals
Shwapno uses a combination of these promotional mixes to reach out to its customers.
Newspaper
uses ads to inform its consumers on new products, the quality of existing ones, and the price of
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commodities (Kotler et al., 2015). The Retail Chain runs its adverts on Newspapers. The adverts
are unique and designed specifically with the target market in mind. Some of their adverts are
Television
TV Commercial ads have been run during celebrations of Eid UL Fitre, as well as Eid Ul
Azha. The TV is also used for infomercials to educate the consumers on nutrition value,
consumer rights, as well as best practices within the retail industry. The TV also provides a
wonderful opportunity for Public Relations events. For instance, the Shwapno Retail has taken
advantage of Public Relations strategies during the launches of its new outlets.
Radio
Radio advertisements have been a useful tool for Shwapno Retail in reaching their consumers.
Like TV, it has been used to inform the consumers of the quality of the products, price changes,
and sales promotions. It has also been used as a public relations tool to inform the consumers of
Signage
Signage is made up mainly of Outdoor billboards and vehicle signs. Shwapno has deployed
this marketing tool with a lot of precision. Most of their Outdoor advertisements are eye-
catching. The billboards are designed in a unique way to communicate precisely. The Shwapno
Publicity
Publicity involves free media coverage about the activities of the business. Shwapno has
mastered the art of using this tool in its marketing DNA. Most of the events like consumer
campaigns, partnerships with organizations such as Global GAP have given the business-
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extensive publicity. Shwapno has also enjoyed free publicity from other activities of ACI
Referrals
Referrals is a core marketing tool in the promotional mix of Shwapno Retail business. They
heavily rely on the word of mouth referrals from a pool of their contracted farmers spread across
the country. The retail chain enjoys a vast network of farmers and other suppliers. Their
excellent customer service is also geared towards enhancing the word of mouth referrals. During
special occasions, the Shwapno Lifestyle also runs customer incentives, which help in the word
of mouth referrals.
This section will assess the usefulness and effectiveness of the above marketing tools. It will
discuss the relevance of these tools then at the tail end, discusses the digital approaches that
Newspaper
The use of a Newspaper as a marketing tool is and will remain a core marketing tool for the
retail chain business. It has the advantage of reaching a target audience at a specified time and
preferred consistent format (Kotler et al, 2015). Newspapers are also affordable. It is possible to
get a one-inch square classified ad, column ads in various sizes, half a page, or full page.
Compared to other tools of marketing like TV and Radio, it has a low cost per thousand
readers/audience. It is also useful for retail business as it gives room for negotiations for the
extras such as pull out magazines that may provide a wide range of products catalog and price
list. The pull out Magazine can also include the summary of significant events in picture format.
geographic region, segment such as schools or colleges, festive seasons, to mention but a few.
Television
This marketing tool is key to the success of a retail business. TV has the advantage of
combining audiovisual aspects. To retailers, this is like tapping the consumers on their shoulder
and showing them your products. It is an effective way to showcase your products and services.
TV adverts may be programmed to air at a specific time like immediately before Prime News.
The timing boosts its audience outreach. Effective TV ads foster emotion and empathy and,
therefore, effective marketing too (Kotler et al., 2015). The TV is also an excellent media to
educate the consumers on their rights, food safety measures as well as the importance of
economy like Bangladesh, it is an excellent way to reach a broad audience instantaneously. The
TV offers the salient advantage of the message being delivered as intended; the humor, jokes,
and skits are performed in the right context than in Newspapers where words may be
Radio
Radio is a useful marketing tool that can reach a targeted audience in a specific geographical
area with unique characteristics. Radio Communications is an active channel to use when
targeting an audience who speaks a particular local language or dialect (Kotler et al., 2015). It is
cheap and common among many rural folks. The ability of Radio to combine words, music, and
sound makes it a useful tool to appeal to your consumers uniquely. Humorous jokes, short skits
educating the consumers on their safety, rights, and nutrition issues. Shwapno Retail that is
Signage
Billboards that form the most significant proportion of signage as a tool of marketing is an
effective way of reaching many audiences. Creativity in design is, therefore, critical. Well-
designed billboards are hard to ignore. They are eye-catching and may induce consumers to take
or make a buying decision. It is one aspect of traditional marketing that may not fade away
shortly (Kotler et al., 2015). It is useful to retailers in creating memorable mental pictures to
consumers, especially on their way home from work. The retailer also has a say in the size,
design, and location where the billboard should be displayed. It has an advantage over digital
advertising like social media that may be limited to tech-savvy individuals. Outdoor
Publicity
Free publicity creates awareness about products, brands, and services. The best form of
promotion is a mention of a brand or product in the media. It reaches many audiences cheaply
and effectively. Retailers like Shwapno have taken advantage of this tool by getting involved in
charity work, sponsorships, and brand positioning. Strategic partnerships with organizations like
the Global GAP has given Shwapno free publicity (Akib, 2018). Getting publicity is a core
strategy for businesses, especially retails that are involved in Corporate Social Responsibility
like Shwapno.
Referrals
Referrals through word of mouth is a useful marketing tool for retailers. It is free and thus
cost-effective. It is an effective way of creating trust and loyalty among consumers. Referral to a
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business by a friend tends to lead to purchase faster because of faith that people bestow on their
friendships. A study by Mckinsey indicates that it accounts for 20-50 % of buying decisions
(Subramanian, 2018). Word of mouth recommendation is thus effective than other media like
Radio or TV because it stems from typical dialogue unlike the official scripting of messages in
TV and Radio advertisements. The retailer should take advantage of this essential tool through
From the above analysis, it is clear that the traditional offline marketing tool is still key to the
success of business entities. The nature of the business is also crucial in determining the best
marketing tool to adopt. The next section will look into digital marketing that can also help to
In the first rising economy like Bangladesh, technological advancement is quickly taking
shape, and the majority of the populace is embracing the technology, especially in the execution
of business operations. The following digital marketing tools will give Shwapno Retail an added
Social Media Marketing is at the center of most businesses today, regardless of the nature of
business online or offline. The importance of social media marketing goes beyond the click to
purchase in e-commerce. Most consumers are currently on Social Media platforms like
Facebook. Statistics show that 20 % of the Bangladesh population are active Facebook users
(Facebook Users in Bangladesh, 2019). The users are about 34 million people. An insane number
of potential customers. A social media presence is, therefore, essential to retail business running
an e-commerce site too. The social media platform is an excellent way of creating brand
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awareness and product descriptions (Chaffey &Ellis, 2019). It is cheap and useful to the retailers
as there is almost immediate feedback. Customer queries, suggestions, and complaints can also
be addressed in real-time. This helps build the trust and customer experience of the consumers.
Using Social Media as a marketing tool will, therefore, help Shwapno Retail to engage with its
specific target audience at a deeper level. The data gathered through social media engagements
are also priceless. The information collected can help the retailer to make informed decisions
during message creation. Finally, Social media support the next component of digital marketing;
SEO Marketing
Search Engine Optimization (SEO) is a critical factor in digital marketing initiatives. SEO is
the practice of increasing the quantity and quality of visitors to an organization website through
organic search results (Chaffey & Ellis, 2019). The vital role of SEO in a business enterprise is
several. First, it is a valuable tool for brand awareness, relationship building, and the strategic
position of a business. Technical SEO helps to make an organization website more visible, and
that translates to more traffic and more opportunities. Increased traffic boosts conversion rates in
sales. Shwapno Retail will benefit immensely by investing in SEO Marketing more critically on
its e-commerce wing. It is a valuable tool for targeting marketing strategies based on what
potential consumers are searching for online. Advancement in technology such as Artificial
Intelligence and Machine learning has made it possible to gather these searches done by potential
consumers and inform the retail business to communicate relevant information to these
individuals (Chaffey & Ellis, 2019). Above all, implementing a successful SEO Marketing
campaign calls for quality content. Currently, sloppy content that is purely crafted for machine
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ranks poorly (Chaffey & Ellis, 2019). Google, which is the leading search engine prefer quality
Email Marketing
especially retailers. However, it is the most crucial marketing tool to use in engaging with
potential consumers who expressed their interest in the business. It is a more personalized way of
communicating with your prospects, and based on studies; it has a higher conversion rate than
social media marketing (Chaffey & Ellis, 2019). It is also cost-effective for small business
owners. It is cheaper than traditional marketing tools like TV, Radio, and Signage. The cost of
sending an email is negligible. Shwapno Retail can, therefore, gain a lot by engaging in
professional email marketing campaigns to help get traction on its eCommerce division.
Conclusion
businesses like Shwapno Retail Outlet. Offline marketing tools play an integral role in driving
sales and consumer engagement. TV, Radio, and Outdoor billboards all play a critical role in
attracting consumers to the business. It is also clear that a hybrid approach of traditional
marketing DNA and digital application of SEO, Social Media Marketing, and Email Marketing
would produce better results. For example, Social Media campaigns can support traditional
Practical Recommendations
Developing a hybrid marketing tools mix consisting of both traditional tools like TV and
Outdoor billboard signage design can also be used in Social Media pages for brand
awareness campaigns. For instance, the billboard signage design could be posted to the
Email Marketing and Public relations can be infused to produce high content value
safety.
content marketing as well as Social Media platforms like Facebook posts and comments.
References
Akib, F. K. (2018). Marketing and distribution strategies of ACI Logistics Limited (SHWAPNO-
lifestyle department).
https://napoleoncat.com/stats/facebook-users-in-bangladesh/2019/01
Kotler, P., Burton, S., Deans, K., Brown, L., & Armstrong, G. (2015). Marketing. Pearson
Subramanian, K. R. (2018). Social Media and the Word of Mouth Publicity. Science, 3(2), 95-
100.
Young, K. E. (2019). Beyond 2030: Economic Growth in the Middle East and North Africa. AEI
Appendices
Source (NapoleonCat.com)