Live Streaming E-Commerce Platform Business Plan

VI. Marketing Plan

6.1 Promotions Strategy

Marketing is critical to ensure business success. The Company will frame effective marketing strategies to deal with the competition and enhance client relationships. The following marketing strategies will be used:

Official Website
The Company will develop a modern and well-developed website to streamline the user experience and attract potential clients. The website will have clearly described prices and limited offers so that it does not confuse the clients and an easy sign-up interface. The user experience will be energizing and functional, with an engaging design that will convert traffic and create the company's brand..

SEO
Search Engine Optimization (SEO) is a useful marketing tool that the company will use to drive more traffic to the website. The cost-effective marketing strategy will help increase awareness about the platform and its offerings.

Social Media Marketing
[Company Name] will use social media to reach the masses across various geographies and different age groups. The Company will work on user engagement to establish the brand in people’s minds. User engagement involves likes, shares, comments, and general interaction on the company’s posts

Strategic Partnerships
The Company will partner and connect with the best influencers in the industry, as engaging with influencers on social media is good for the brand's credibility. A mention from an influencer will make people trust the brand and help the company tap into the influencer's loyal audience, which can lead to more conversions and higher sales.

Testimonials
Customer testimonials are the key content element. Using testimonials increases creditability as they are unbiased. This social proof helps the company to build trust amongst its potential customers. The Company will be using customer testimonials to increase its leads.

Special Offers
Offers and incentives are a fantastic way for organizations to refill the turnover in their client base that occurs each year. The company will provide unique deals to entice new customers and encourage repeat purchases, which will be beneficial in the long run.

 

Strategic Business Plans