Businesses today are keen to optimally leverage
technological advantage by embedding business operations with the online
platform to ensure diverse business benefits such as costs savings, instant communication
with stakeholders, rapid decision making and implementation, and improved
consumer service is provided to the end users. Operating amid a highly
competitive business environment in an era of globalization firms today are
well aware of the techno-economic advantages e-commerce and therefore have
succeeded in adopting e-commerce as an integral component of their business.
Leading e-commerce giants such as Amazon, EBay, and Google extensively leverage
every possible medium of technology and ways to optimally exploit emerging
business opportunities on the virtual platform and have always succeeded in
moving a step ahead of competitors thus ensuring a sustainable competitive
advantage.
Elite Singles is a globally renowned e-commerce site allowing
elite singles an opportunity to mingle with the most appropriate single
professionals of their choice using the portal. Being a paid service, the
company ensures that its clients enjoy every possible benefit using their
platform and have been highly successful thus far in building satisfying,
rewarding and affectionate relationships globally. This report aims to
investigate the marketing communications strategies employed by Elite Singles
and develop appropriate and effective suggestible marketing communications plan
for the business to ensure maximized profitability of the business.
Current
Marketing Communications Strategy of Elite Singles
Currently the marketing communication strategy employed by
Elite Singles is largely internet based in the form of affiliate marketing and
direct mail marketing. The business is also known to employ TV advertising to
capture local consumers and acquire market share. The business has been
successful in seeking attention of local singles and has been profitable in its
marketing endeavors however with increasing market competition especially on
the virtual platform there is significant need for marketing innovation that
not only ensures apt solutions to consumer changing needs, interests and preferences
but also guarantees a reliable, economical, and right option for the deserving.
In an effort to target the most appropriate prospective singles in the region
and reach maximum number of users the company has well maintained a broad genre
of people to choose form and a highly interactive mobile based application that
lets users to determine their perfect search in the region based on certain
strict criteria of professionalism, education, competencies, interests and
income. Elite Singles app is a unique innovative solution for millions of elite
singles to find their love and get into a lasting relationship. Mobile based
marketing not only allows instant access to the business and services but also
offers mutual advantage to both the involved parties consequently ensuring a
satisfying experience.