Cuphon
Social media plan: Cuphon
Social media is a critical aspect of building any new brand's reputation. Witness the number of goods and services that have developed a following purely through online goodwill, spanning from Groupon to Facebook. Using social media to build the brand of a mobile phone marketing application known as 'Cuphon' is especially essential given the demographic that is its main target -- young consumers who are style-conscious and want the latest or 'next new thing' at a bargain. The Cuphon model of commerce depends upon impulsive purchases by individuals who are constantly using their mobile phones to connect to businesses and services that excite them.
Cuphon, to build awareness of its service, is currently partnering with popular-youth-oriented marketers such as McDonald's and American Outfitters. It emphasizes the ability for users to get instant specials by texting Walgreen's, McDonald's, American Outfitter, and other popular youth brands through its application. Cuphon can be accessed through all types of mobile phones, including the Android and the Apple iStore. It emphasizes the customized and time-saving nature of its approach. According to its website: "Cuphon lets you be picky about which merchants you save money from. Subscribe to your favorite merchants instantly and on-the-go." Consumers can ensure that they are not spammed or bombarded with information they regard as irrelevant through Cuphon. They also do not need to worry about clipping coupons for special offers, like members of a previous generation.
To achieve its goals Cuphon must establish a more secure Facebook and Twitter presence. These two sites are the cornerstones of any social media campaign. By becoming a 'friend' of Cuphon on Facebook, consumers can constantly check for updates about available new offers that might be relevant to them, which they can add to their phone, as more merchants become interested in using the service. But as well as being informative, there should also be an interactive element to using Cuphon on Facebook. For example, Facebook friends can be encouraged to make comments about offers, such as noting the great deal he or she found at a particular merchant by using the website. More importantly, Cuphon can encourage this participation by posting free giveaways, whereby Cuphon users who are 'friends' can be asked to 'leave a comment' about a subject for a chance to win extra cash. When offering a McDonald's-related discount, Cuphon can post a question like 'what is your favorite way to eat a Chicken McNugget' and state that one responder will be chosen randomly to receive a free six-pack of McNuggets.
From a financial standpoint, Facebook also has the advantage of being inexpensive yet highly trafficked. It is very easy to 'like' a page. Typical Facebook users are reasonably comfortable with using the Internet, and since individuals in their prime career-making and income building years use Facebook as well as twenty-somethings and teens, there is also the potential to draw high income earners as well as younger consumers. The broad base of Facebook is also advantageous given the variety of offers provided by Cuphon, which is unlikely to appeal to a single market segment. Even if younger users are the main target, the typical Walgreen's shopper is likely to be different than the typical Abercrombie & Fitch shopper.
The mini-blogging site Twitter also allows for moment-by-moment participation. Cuphon can update users via its Twitter feed about new offers. Cuphon's core users are often logged onto Twitter and Facebook regularly to interact with friends and businesses such as Cuphon, and 'following' Cuphon on Twitter enables users to keep track of special deals. But Cuphon should also use Twitter to create a sense of community, given the ability of followers to direct comments to the organization. Cuphon can ask its Twitter followers what they bought at the Gap (for example) with a specific coupon...
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