The purpose of our study is to evaluate the use of social media as a means of business communication for an organization like Starbucks, a branded coffeehouse serving most of the youth customers to achieve the goal of its business (Svahn, Mathiassen, & Lindgren, 2017). The major reason as provided by Starbucks for proposing the use of the social media is that the young generation is the major user of it, hence it shall provide a vast number of young proposed customers a platform for the exchange of information with Starbucks through the means of social media like Facebook and twitter. In this case it is to be kept in mind that our view along with the recommendation is based mainly on the proposal submitted by the Starbucks.
As it is clearly mentioned that while preparation of the proposal the sources of data collection to be chosen were decided as primary and secondary both. But this proposal has been prepared mainly based on literary review of the secondary data collection methodology, hence its effectiveness degrades as primary data sources collected from the employees and customers of the Starbucks would have been much more authentic as it would have provided the real scenario associated with the proposed use of social media platform as a means of business communication (Webster, 2017). Though it was mentioned in the proposal that based on first assessment future primary study on the same subject shall be done based on questions formulated based on the findings of the assessment one
As it is often found that hardly the consumers and the employees feel free to express their viewpoint while conducting any surveys or interviews with them. Hence the social media like Facebook and twitter can be of great help here too so that to provide them a platform for chatting ang getting their valuable feedback to justify our research findings.
In the given case Starbucks when deciding about the major transformation for using the Social media platform like twitter and Facebook has followed a step by step approach by identifying its business goals followed by understanding its current situation then made an effort to gain an insight of its target audience. Once these are finalized then only it entered into the process of taking over the project of Social media as a means of business communication with a view to ensuring the engagement of its target audience by using the innovative technology to communicate with them through the means of several digital tools available with it.
It has been expected that the project shall start providing the result after the nine months since its inception that starts from collecting the background information and ends on staff involvement and continuous training, but in between the steps like preparation for the survey may be troublesome as it is found difficult to obtain the proper response from the targeted respondents along with the implementation of the proper data analysis tools for the purpose of analyzing the survey made for the purpose (Grundy, Held, & Bero, 2017). This also need the selection of social media plan developers and media market trainers who shall develop the effective media marketing strategy and provide the requisite training to the employees of the Starbucks for managing the brand image of the Starbucks over social media respectively. In this case the selection of these subcontractors seems to be very crucial and may be a time taking process too to ensure the longtime consistency of the project (Hansen, Otley, & Stede, 2003).
So far as the budget estimates are concerned it has been clearly mentioned that it may exceed the estimated budgetary limit due to the inability to accurately estimate the proposed expenditure to be incurred for the proposed project. Hence it is important to find the appropriate ways for finding the solution for the same (Ghofiqi, 2018).
The estimated budget is attached hereunder-
Deliverables |
15th-Nov |
15th-Dec |
15th- |
15th- |
15th- |
15th- |
15th- |
15th- |
15th– July |
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Collecting background information |
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Preparation for the survey |
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Gathering required permissions |
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Conducting and analysing survey |
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Brand Strategy Development Plan implementation for use of social media |
Social media plan |
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Website rebrand |
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marketing |
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Staff Involvement& Continuous Training |
Before taking over the proposed project which shall initially cost $70000, out of which the survey and analysis shall cost solely $30000 and the balance $40000 has been appropriated for the development of the social media plan and marketing but whether the benefit that shall be generated in future should be able to recover this cost or not is also a major consideration. In this case the survey and analysis is demanding the major portion of total budgeted cost, hence the outcome of the same shall play a major role in taking over the project. If we compare the survey cost with the development plan then it seems that it ( development of plan for social media) does not seem to be much higher. At the same timei t has been clearly mentioned that there was already inaccuracy lying with the cost estimates made due yo which it may increase in future too. Hence major attempt is required to be made to rectify the nearest accurate estimate of the cost to correctly analysing its prospective benefit. Though in the proposal submitted the future projected cash inflows that may be generated after the implementation of this project has not been incorporated, but in order to make a valid cost benefit analysis such estimates are mandatorily required. While considering for the benefits adequate weightage should be given to the intangible qualitative benefits too, whether or not such benefits are measurable in monetary terms or not. The period of such recovery of the initial cost too shall matter in this regard.
The risks associated with the implementation of plan to use social media as a means of communication can be handled with the help of few of the following strategies by starbucks
The major stakeholders of the proposed projects have been identified as follows:
Management of the Starbucks
Employees
Customers
Sub Contractors
Before reaching to the conclusion for taking over the project a careful analysis of the tentative effect on each stakeholder is required by considering the pros and cons for the same.
The management of the Starbucks needs to consider that whether it has the appropriate policy in place so that to meet the ethical guidelines for using the social media as a means of business communication along with any negative consequence of not meeting with the requisite ethical guidelines (Egelund-Mu¨ller, Elsman, Henglein, & Ross, 2017)
Employees
The employees who are going to use such media needs to have the knowledge of the way and the limitations to use the same. As any such use which may cause loss to the Starbucks may also call for the penal action against them. In this regard a proper training along with brainstorming can help them a lot.
Customers
Before taking over the project the analysis of the mindset of the tentative consumers is required to be undertaken. Because social media also result into the spreading of fake information along with the misleading one. Hence before undertaking such project a platform is required to be prepared beforehand to ensure the positive mindset of the consumers to wards the messages proposed to be communicated by the Starbucks (Coate & Mitschow, 2017).
Subcontractors
Both subcontractors being social media plan developers and media market trainers can play a very crucial role in the future success or failure of the project. This demands that the management of Starbucks should clearly communicate the intended objective of undertaking the project that should commensurate with the implementation plan designed by both subcontractors (Covaleski, Evans, Luft, & Shields, 2003).
The major communication channel chosen by the Starbucks are as follows:
Social Media
Regular Meetings
E-mails and chats
Social media can play the vital role as a means of communicating business information at a fast and cost-effective way. It can also provide valuable feedback about the future prospect of the success for using the Facebook and twitter as a means of business communication. A careful evaluation of the impact of using current social media can also provide valuable guidance in this regard (Charles H, Giovanna, Dennis M, & Robin W, 2015).
Regular meetings with all the stakeholders can be of great help to ensure valuable inputs that ensure the exchange of information amongst all the stakeholders.
E-mails and chats are highly effective means of distribution of information. These show the effectives of using modern technology in business communication for Starbucks.
Conclusions
In the nutshell from the above analysis it is concluded that the proposal of using the Facebook and Twitter by the Starbucks as a means of business communication shows its visionary mission that can place it in the position of future leader provided it is implemented with some careful considerations like ethical guidelines to follow the same. At the same time a careful analysis of the risk associated with the same and its prospective effect are required to be analysed before its actual implementation (Boghossian, 2017).
Based on above study, the following things are being recommended for the Starbucks which is planning to use the social media like Facebook and twitter as a means of business communication.
References
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