TOMs is operating in a market which is already dominated by “designer brands” and brands for the middle and lower classes which have an already established customer base. However, since its conception in 2007, TOMs has managed to break into the UK market, largely through online advertising and reach the target audience with its philanthropic message. The shoe market in UK can therefore be called a highly competitive and fast moving market, although, due to its smart CRM strategy, TOMs has been experiencing a rise in sales almost annually. However, it is currently a relatively small operation, its needs to build better resources if it hopes to stay afloat in the UK market, and maintain its brand image after the “excitement” of charity starts fading away for its customers (http://tomsshoes.com, 2012).
Table of Contents
Executive Summary2
Introduction4
Key Issues4
Organisation Vision, Mission and Values4
Vision5
Values5
TOMS Vision & Mission5
Mission5
SOSTAC5
Situation Analysis5
Learning's from last year6
External Environmental Analysis6
Social6
Technological7
Economic8
Political8
Market Overview9
Current Target Markets in UK10
Competition10
SWOT Analysis of TOMs12
Internet Based TOWS Analysis for TOMs14
Organisation& Marketing Objectives16
Strategy and Tactics16
Targeting and Segmentation:17
Positioning17
Branding Strategy17
Representation Online18
Content Based Strategy18
Activity Plan18
RACE Framework and the Four Ps19
Product20
Price21
Placement22
Promotion22
Social Media Targets: for TOMS “Glitter” Line23
Further Tools for Digital Marketing24
Digital Marketing Plan TOMS Shoes
Introduction
In 2006, TOMs emerged as a “philanthropic” business, however, it had one unique selling point, that it was a for profit organisation which donated a pair of shoes for every sale. The founder, Blake MyCoskie was a part of the reality TV show “The Amazing Race” during which he travelled to Argentina and saw poor children who could not even afford to buy shoes. From there on, he decided to start a shoe business where, for every pair bought by a customer, he would give away a shoe to a child in need. His “One for One” marketing plan was thus conceived (http://tomsshoes.com, 2012).
Key Issues
TOMs has expanded its portfolio to include many kinds of canvas or comfortable slip on shoes along with apparel and eye wear. However, this aim of this marketing plan is to devise a way where the TOMs “glitter” line can be marketed online to target the audience in UK. Although they have an effective digital marketing plan where they are actively advertising on social media websites like Facebook, LinkedIn, Twitter etc, to bring up their existing “glitter” line in the UK market, they need to adopt more aggressive marketing strategies based upon their underlying “Cause Related Marketing” strategy (http://tomsshoes.com, 2012). As Chaffey (2012), a successful digital marketing strategist has said, “the challenge for marketers is to assess which innovations are most relevant to their organisation and to seek to gain advantage through introducing then to a company such that the digital marketing techniques integrate effectively with traditional marketing communications” (Chaffey, 2012, pp 7), therefore, this marketing plan will follow the principle stated above.
Organisation Vision, Mission and Values
Their aim is to fight the foot disease in countries like Argentina by spreading awareness about it and the poverty rate in such ...