Tuesday, November 16, 2021

BUS410 - Social Media Strategy Plan (8/23/2021)

                                                     Social Media Strategy Plan

            As of 2020, 3.6 billion people globally use social media which is projected to reach 4.41 billion by 2025 (Statista Research Department, 2021). In the United States 72 percent of the population uses at least one social media platform (Pew Research Centers, 2021). Facebook is the most popular social media app reporting 2.5 billion monthly users on average (Statista, 2021). Sixty-nine percent of American adults use Facebook and 40 percent use Instagram. At least 60 percent of Facebook and Instagram users access the sites once a day (Pew Research, 2021). The average internet user spends 144 minutes a day on social media (Statista Research Department, 2021). Due to the increased amount of internet and social media traffic, and decreased opportunity for physical interactions between brands and consumers, it important for companies to establish a presence on social media. Effective use of social media as an engagement tool can strengthen relationships with current consumers, create new customers, and build a brand identity, which may lead to increased profits and brand loyalty.

Disneyland

            The Walt Disney Company’s mission is to “entertain, inform, and inspire people around the globe through the power of unparalleled storytelling, reflecting the iconic brands, creative minds and innovative technologies that make Disney (ours) the world’s premier entertainment company”(Disney, n.d., para. 1). Beginning as a cartoon studio in the 1920s, today the company leads the entertainment industry with its films studio and movies, streaming services, and theme parks. Disneyland opened in 1955 in the United States and since expanded to five theme parks in four different countries (Yao, 2017). Over decades Disney has established many loyal customers and built a well-known brand. Mickey Mouse is a global icon that and “the happiest place on earth” is strongly associated with Disney theme parks (Yao, 2017).  In 2019, Disneyland in California saw 18.67 visitors (Lang, 2021). Disneyland’s Facebook Business page has over 17.3 million likes and 16.7 million followers (Disneyland, n.d.). Disneyland’s Instagram profile has over 8.1 million followers (Disneyland, n.d.).

            Along with an impressive number of followers and likes on Facebook, some of Disneyland’s other strengths are good posting frequency and informative content. The Disneyland page does  not overwhelm the visitor or page subscribed with too many posts as the company posts approximately one to two posts every three days. The post content includes valuable information like upcoming events at the park and upcoming ticket changes. For example,  Disneyland’s popular add-on the “Fast Pass” is being discontinued and replaced by a new program called the Disney Genie service. The first video on Disneyland’s page explains the new Disney Genie service and recent page posts also notify visitors of these changes. Disneyland’s marketing strategy has been effective, but there are ways to improve the effectiveness of their social media marketing strategy.

Part 1: Detailed Strategy Plan

Objectives

            The first step of creating a social media marketing strategy is determining a company’s objectives. Disneyland’s primary objective is to create new customers and maintain their current consumer base. Another objective is to provide the same consumer experience online as it does offline, which it can do by creating an online identity for the brand. The easiest way to measure new customers is through advertising efforts on social media (Larson & Draper, 2020). Consumer loyalty and satisfaction can be indirectly measured by post engagement and positive and negative feedback received on social media.

Platform Selection

            Once the  company’s objectives are set, the next step is to select which social media platforms are appropriate to meet the company’s goals. There are two important considerations when making this decision. First, the company needs to consider the characteristic of the users on the social media platform. Secondly, the company can consider the communication and engagement capabilities of the different sites (Larson & Draper, 2020). As of July 2021, Facebook has almost three billion users worldwide. Seventy-five percent of Facebook users fall into the 18 to 54 range, with approximately 21 percent in the 55 and up age groups (Statista Research Department, 2021b). This age range of Facebook users is appropriate for Disneyland who targets families with children.

            When a user logs into Facebook, they see posts from friends and pages they follow, likes and comment activity of friends, and paid advertisements in their news feed. Facebook’s algorithms generally prevent most of a page’s Facebook followers from seeing posts, so the company may need to pay to boost certain posts to reach the intended audience. The algorithm chooses which posts to show according to a post’s popularity, the type of page posting, the content shared, and the user’s familiarity with the page, such as previous liked posts (Larson & Draper, 2020). It is due to this algorithm and news feed traffic that most companies use paid advertisements to reach consumers.

            Instagram is in the top four social media platforms by number of users with 1.3 billion globally (Statista  Research Department, 2021a). Instagram is great way for Disneyland to reach a younger demographic of new customers since the average age range is 18 to 34. On Instagram users can post pictures and videos to engage consumers and videos and images perform well on Facebook, so the content easily transferable to either site (Larson & Draper, 2020).

Content Choice

            Once the company selects the appropriate platforms, the next step in content creation or earning. To get higher video post rankings, Disneyland can utilize Facebook Live. Facebook ranks Facebook Live video feed higher because live video “creates a very dynamic, in-the-moment experience for its users” (Larson & Draper, 2020, section 9.4). On Facebook, Disneyland can use Facebook live to promote events or new updates around the parks to increase views and post engagements. Good-quality videos generally perform well, so Disneyland can post informative video posts on Instagram or Facebook. Images are not as engaging as videos, but they perform better than posts containing copy only (Larson & Draper, 2020). Therefore, Disneyland can use images and text when videos are not available or for quick posts.

Distribution and Promotion

            The most engaging content on the right platform does not matter of no one views the content (Larson & Draper, 2020). Owned media, earned media, and paid media are ways that companies get content distributed on social media platforms. One of the opportunities for Disneyland’s Facebook page is communication with its followers and visitors through owned and earned media. None of the recent reviews positive or negative have any response from the Disneyland page. This is also true for the posts on the page of consumers asking questions or sharing their experiences.

            Other Facebook users are responding to the people who asks questions, but Disneyland lacks a presence. Researchers found that an increased “perceived social presence, evokes a more affective response and increases positive attitudes toward the website” (Herthausen et al., 2020, p. 918). These positive attitudes indirectly improve loyalty and revenue (Herthausen, et al., 2020). Therefore, Disney needs to post owned media in a way that engages communication with the intention to engage with its followers and users. Some ideas are posting quizzes asking for feedback such as “ What is your favorite Disneyland ride?” This will keep Disneyland’s current followers engaged and attract more followers by creating a brand social media presence. The company can highlight earned media such as positive reviews and mentions and acknowledge and attempt to resolve complaints and tags in negative posts.

            Paid media is when a company pays a website for distributing advertising content to selected segments (Larson & Draper, 2020). Companies can create ads for Instagram and Facebook promoting a sale of tickets, vacation bookings, or upcoming events and the platforms will direct to users to reach consumers. On Facebook, Disneyland can choose to bid for paid ads at CPM (cost per thousand impressions), CPC (cost-per-click), or CPA (cost-per-action). Advertising on Instagram is managed through the same tool as Facebook since Facebook purchased the Instagram platform (Larson & Draper, 2020).

            Influencers are a promotional tool that many companies use to influence consumers purchasing decisions. Influencers are social media users with 10,000 or more followers that endorse and share products that they like. According to a survey of 4000 users, Millennials, Gen-X, and Gen-Z all trust influencers to some extent as 43 percent and up reportedly follow influencers. It is unknown how much influencers increase revenue and sales, but of those surveyed, 31 percent reported that they purchased a product that an influencer recommended online (Connelly, 2017). Another study found that the power of influencers is positively related to consumers attitudes towards the company and brand if the source is perceived as credible (Nafees et al., 2021). Some companies seek out influencers to test and promote their products. Disneyland can find travel influencers on Facebook and Instagram to promote the theme park.

Measuring Success

            To avoid certain pitfalls like analysis paralysis and meaningless metrics, a company will determine what key performance indicators (KPI) measure success (Larson & Draper, 2020). To measure reach, Disneyland can track the follower growth to see if the new content and communication activities are increasing the number of followers on Instagram and Facebook. Impressions and views also measure the number of users saw the posts. To measure engagement the company can track the number of likes, reposts, or shares (Larson & Draper, 2020). To measure loyalty Disneyland can confirm how many users have booked a stay or bought tickets to the theme parks multiple times. Conversion tracking for ads and posts can help determine if the conversions are from unique users or frequent visitors.

Part 2: Quick Overview Screencast

https://screencast-o-matic.com/watch/crjZeRVjPk3

            Disneyland has built a brand that generations associate with fun and fantasy. It is a place where kids dream to go and an experience they later want to share with their children. Social media allows Disneyland to reach consumers in a new way and build upon lasting relationships. The company has an opportunity to give Disneyland an identity by increasing its online presence and communicating with consumers. Millions of people spend hours on social media daily. It is a missed opportunity to not use that time to engage new customers and strengthen relationships with loyal consumers. Following this social media strategy will accomplish Disneyland’s goals. 

References

Connolly, B. (2017). Why consumers follow, listen to, and trust influencers. Olapic. http://www.olapic.com/resources/consumers-follow-listen-trust-influencers_article/

Disney. (n.d.). About the Walt Disney Company. The Walt Disney Company. https://thewaltdisneycompany.com/about/

Disneyland. (n.d.). Disneyland [Facebook page]. Facebook. Retrieved on August 21, 2021, at https://www.facebook.com/Disneyland/

Disneyland. (n.d.). Disneyland [Instagram profile]. Instagram. Retrieved on August 21, 2021, at https://www.instagram.com/disneyland/

Herthausen, D., Emrich, O., Grewal, D., Kipfelsberger, P., & Schoegel, M. (2020). Face forward: How employees’ digital presence on service websites affects customer perceptions of website and employee service quality. Journal of Marketing Research, 57(5). 917-936. https://doi.org/10.1177/0022243720934863

Lang, D. (2021, August 21). Attendance at the Disneyland theme park (Anaheim, California) from 2009 to 2019. Statista. https://www.statista.com/statistics/236154/attendance-at-the-disneyland-theme-park-california/

Larson, J., & Draper, S. (2020). Digital marketing essentials. https://www.stukent.com/

Nafees, L., Cook, C., Nikolov, A., & Stoddard, J. (2021). Can social media influencers (SMI) power influence consumer brand attitudes? The mediating role of SMI credibility. Digital Business, 1(2). https://doi.org/10.1016/j.digbus.2021.100008

Pew Research Center. (2021, April 7). Social media fact sheet. Pew Research. https://www.pewresearch.org/internet/fact-sheet/social-media/

Statista Research Department. (2021, January 28). Number of social network users worldwide from 2017 to 2025. Statista. https://www.statista.com/statistics/278414/number-of-worldwide-social-network-users/

Statista Research Department. (2021a, August 2). Global social networks ranked by number of users 2021. Statista. https://www.statista.com/statistics/272014/global-social-networks-ranked-by-number-of-users/

Statista Research Department (2021b, August 5). Facebook user share in the United States 2021, by age group. Statista. https://www.statista.com/statistics/187549/facebook-distribution-of-users-age-group-usa/

Yao, J. (2017). Research on marketing strategy: Case study Disneyland. Advances in Economics, Business and Management Research, 33(1), 473-481. https://www.atlantis-press.com/article/25887095.pdf

No comments:

Post a Comment