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14 September, 2021

How on On-line Marketing is conducted

 Marketing and the Internet

Internet is a vast public web of computer networks that connects users of all types around the world to each other and to a large information repository

 

Online Marketing Domains

      Business to consumer (B2C)

      Business to business (B2B)

      Consumer to consumer (C2C)

      Consumer to business (C2B)

 

Business to consumer (B2C) involves selling goods and services online to final consumers

Business to business (B2B) involves selling goods and services, providing information online to businesses, and building customer relationships

Consumer to consumer (C2C) occurs on the Web between interested parties over a wide range of products and subjects

      Blogs

      Offer a fresh, original, and inexpensive way to reach fragmented audiences

      Difficult to control

Consumer to business (C2B) involves consumers communicating with companies to send suggestions and questions via company Web sites

 

Types of Online Marketers

      Click-only marketers

      Click-and-mortar marketers

Click-only marketers operate only online without any brick and mortar presence

      E-tailors

      Search engines and portals

      Shopping or price comparison sites

      Internet service providers (ISP)

      Transaction sites

      Content sites

E-tailers are dot coms that sell products and services directly to final buyers via the Internet

      Amazon

      Expedia

Search engines and portals are ports of entry to the Internet

      Yahoo!

      Google

Internet service providers (ISP) provide Internet connections for a fee

      AOL

      Earthlink

Shopping or price comparison sites provide product and price comparison information

      Yahoo! shopping

Transaction sites take commissions for transactions on their sites

      eBay

Content sites provide financial, news, research, and other information

      New York Times.com

      ESPN.com

Click-and-mortar companies are brick-and-mortar companies with an online presence

Advantages of click and mortar companies include:

      Known and trusted brand names

      Strong financial resources

      Large customer bases

      Industry knowledge

      Reputation

      Strong supplier relationships

      More options for customers

 

Setting Up an Online Presence

Creating a Web site requires designing an attractive site and developing ways to get consumers to visit the site, remain on the site, and return to the site

 

Types of sites

      Corporate Web site

      Marketing Web site

 

Corporate Web site is designed to build customer goodwill and to supplement other channels, rather than to sell the company’s products directly to:

      Provide information

      Create excitement

      Build relationships

 

Marketing Web site is designed to engage consumers in interaction that will move them closer to a direct purchase or other marketing outcome

 

Designing Effective Web Sites

To attract visitors, companies must:

      Promote in offline promotion and online links

      Create value and excitement

      Constantly update the site

      Make the site useful

 

The seven Cs of effective Web site design

1.       Context

2.       Content

3.       Community

4.       Customization

5.       Communication

6.       Connection

7.       Commerce

 

Context is the site’s layout

Content is the site’s pictures, sound, and video

Community is the site’s means to enable user-to-user communication

Customization is the site’s ability to tailor itself to different users or to allow users to personalize the site

Communication is the way the site enables user-to-user, user-to-site, or two-way communication

Connection is the degree that the site is lined to other sites

Commerce is the site’s capabilities to enable commercial transactions

The eighth C

To keep customers coming back, the site needs to constantly change

 

Placing Ads and Promotions Online

Forms of online advertising

      Display ads

      Search-related ads

      Online classifieds

 

Display ads

      Banners are banner-shaped ads found on a Web site

      Interstitials are ads that appear between screen changes

      Pop-ups are ads that suddenly appear in a new window in front of the window being viewed

      Rich media ads incorporate animation, video, sound, and interactivity

 

Search-related ads are ads in which text-based ads and links appear alongside search engine results on sites such as Google and Yahoo! and are effective in linking consumers to other forms of online promotion

 

Other forms of online promotion include:

      Content sponsorships

      Alliances

      Affiliate programs

      Viral advertising

 

Content sponsorships provide companies with name exposure through the sponsorship of special content such as news or financial information

Alliances and affiliate programs are relationships where online companies promote each other

Viral marketing is the Internet version of word-of-mouth marketing and involves the creation of a Web site, an e-mail message, or another marketing event that customers pass along to friends

 

The Future of Online Advertising

Online advertising provides a useful purpose as a supplement to other marketing efforts and is playing an increasingly important role in the marketing mix

 

Creating or Participating in Web Communities

Web communities allow members to congregate online and exchange views on issues of common interest

      iVillage.com

      MyFamily.com

 

Using E-mail

Marketers are developing enriched messages that include animation, interactivity, and personal messages with streaming audio and video to compete with the cluttered e-mail environment