Internet Marketing: Elements, Tools, and Strategies
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This document provides an in-depth overview of internet marketing, covering topics such as e-commerce, e-business, content creation, search engine optimization, and more. It discusses the elements of internet marketing, tools used, and strategies for success.
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INTERNET MARKETING Table of contents Task 1:........................................................................................................................................1 1.1 The elements of internet marketing......................................................................................1 1.2 The internet marketing mix..................................................................................................4 1.3 Internet marketing tools e-tools that will be used................................................................6 1.4 The interactive orders processing will work........................................................................7 Task 2:........................................................................................................................................8 2.1 The mechanics of search engine marketing.........................................................................8 2.2 Opt-in email marketing newsletter.......................................................................................9 2.3 Guidelines for online public relation..................................................................................10 2.4 Use of new digital media communities..............................................................................12 Task 3:......................................................................................................................................14 3.1 Secondary market research................................................................................................14 3.2 Online survey to check restrictions on the use of online services by the customers.........16 3.3 Electronic customer relationship marketing.......................................................................17 Task 4:......................................................................................................................................18 4.1 Internet marketing plan......................................................................................................18 4.2 Pay per click advertising....................................................................................................19 Referencing..............................................................................................................................20 Page2of23
INTERNET MARKETING Task 1: 1.1 The elements of internet marketing Now a day's maximum business wants to flourish themselves in the world of the internet because this is the only fastest way to reach customers or people world-wide. There is some plans and strategy to flourish and to reach people. It might be the fastest way but also one of the toughest jobs for that there are some important elements. If those elements are used correctly then it can be effective(Abou Nabout and Skiera, 2012). E-COMMERCE E-commerce was first started in 1960 when electronic data interchange was brought in business. The American national standards institute developed ASC X12 to preserve or share documents by electronic media. When Amazon and eBay started their business in the 1990s it brought revolution in the e-commerce industry. It made easy for the consumer to buy or purchase items for endless amount online. File transfer protocol or web services are the application for e-commerce business. This is the way to include business – business activities and can be reachable by using email for ads. Now a days maximum companies directly entice consumers via online by social media marketing. The e-commerce benefits speed of access, easy accessibility, the vast range of goods which are an available and international reach (Arnott and Bridgewater, 2012). Online sales growth accounted that more than U.S third total retail sales in 2015. In 2015 web sale was totaled $341.7 billon which increased 14.6% than 2014. Social media and mobile devices are also conducted by e-commerce, and it showed the rise of business The IT professionals are forced by the e-commerce rising to go beyond the infrastructure and maintenance design which helps to secure consumers data privacy. Page3of23
INTERNET MARKETING E-BUSINESS In the Internet, e-business conducts the process of business. Selling and buying the process of e-business. Some e-business website prefers online payments with customer services. It contains a range of services and function. It develops services from Intranets and extranets. Today businesses are thought as per as marketing on the internet to reach people widely. The process of e-business to buy products from a manufacturing company a sell in a retail price to the customers or the consumers directly. In e-business, a wide range of products is available to the customers at a certain price which is less than the outer market. In 1997 October IBM started the first campaign(Becherer and Halstead, 2004). REMARKABLE CONTENT For a successful internet marketing plan, we should create interesting content in our website which will attract the reader. It can be a new website page, video podcast, blog post, webinar, e-book, etc. For a small business, a blog can be set up which is one of the easiest processes. The content should consist important information which will be useful for the readers. If the content is interesting and attracts the reader, they are going to be share by the readers to their friend, working place and family members by social media. This is the super effective process of marketing. OPTIMIZING SEARCH ENGINE If the blog post or the content is made, then we should, go for sear5ch engine optimization. The blog post should content keyword phrases which we can rank in Google. The keyword should be included in blog title, Meta description, tags, heading and blog text thought. We should ensure that the keyword is not stuffing and it is coming naturally. SHARE THE CONTENT IN SOCIAL MEDIA Page4of23
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INTERNET MARKETING Nowadays the whole detailing work we do in online can get in social Medias. There are ways and channels to share our work in social media they are Google+, Facebook, LinkedIn, Twitter, Instagram, etc. For sharing, we should have, our social media links on our blogs, post, eBooks, and website. For public share, we have to make remarkable contents which will be share by the readers in their social media or another form of online networks. This means the content should be easy for the reader to read and understand(Bigné‐Alcañiz et al., 2008). 1.2 The internet marketing mix Merchandise and brand are the references of marketing mix product services which helps to build up the strategy. Product strategies on marketing research are built as per as the customer needs. The Strategy of online marketing is divided into two parts they are: Fundamental features:Product information, availability, and criteria Additional features:online reviews, video information. Technical assistant as a free service, warranty on the products are the additional features. The growth of product and are close to comparing and for that successful online promotion is required. An organization should look upon the basic things given below: 1. Experience of purchase should be convenient and safe 2. Customer assistant should be online 3. Personalization 4. Requirements and technical issues need online support group PRICE Page5of23
INTERNET MARKETING At first, an organization should understand the demand and its price elasticity before coming to the decision of pricing and for that reason the internet is a place where the price of any product is transparent. As any many organization is going for online retailing for that in the competition market, the price is always facing a downward pressure, and this is creating pressure on conventional markets or shops. PLACE In marketing mix, place is the important path by which a product reaches to the consumer. Organizations use to plan to reach the consumer at much-minimized cost which becomes easy for both the consumer and the retailer. In the marketing mix, the place element has been changed by the internet. There are five division of purchase point sites which are controlled by sellers, sites which are seller oriented and hosted by the third party and sites which are consumer seller neutral and also hosted by the third party. Internet has played a major role for the distributer to change the distributing channels; now it's up to the organization that how they will supply the goods through direct deliveries to the customer or by intermediaries or both of this option can be adapted by the organization(Christodoulides, 2009). PROMOTIONS The organization should look after the marketing communication for the advertisement and promotion of the product. The strategies include of promotion elements like customer contact, direct marketing, sales promotion, public relation and the . The communication strategy is the most important part of the marketing mix. The Internet is the process or way to connect the consumer with the product details or features. The internet Page6of23
INTERNET MARKETING shouldusestrategicallybytheorganizationduringthetimeofpurchasecycle (Christodoulides, 2009). PROCESS During the time of delivery customers presence is necessary for the experience of the service like the service delivery and quality product because at the end of the day the consumer is paying. PEOPLE Every company depends up on the people because from the managing director to sales staff are run by the people. Business needs right people in the right place to run a proper business PHYSICAL EVIDENCE When a customer is buying a product and getting the product with the bill is called product evidence or keeping the product received by both the customer and the service provider. 1.3 Internet marketing tools e-tools that will be used Matrix is one of the most important parts of internet marketing tools. Matrix is the model where we can see the strategies of online business with public relation and profit charts. To increase the revenue, we have to start working with SEO. When we start working with SEO at that point, we have to be active in social media marketing and e-marketing. This helps to reach the business to the consumer. This helps the people to find the existence of the business or the product(Christodoulides, 2009). Another important part of online tools is the business to consumer. It means any individual who is buying any product or getting the service from the particular company is call the Page7of23
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INTERNET MARKETING business to consumer. Now a days many businesses are fighting for their presence on the internet because the online business is providing the direct business to the customer or the consumer, so the company is outside the online business is facing loss to sell products outside of the internet. Organization such as amazon.com or eBay has been successful to spread their business worldwide by online marketing and business, but there are companies such as Microsoft, Samsung, etc. selling their products via Amazon and other sites and earning or facing profits from the online business. Some online B2C companies have launched their mobile apps for more convenient business and easy to reach customers(D.K, 2013). A strong branding requires in e-retailing. The web site should give regular updates and information to the consumers and also need see the change of demands among the customers. Products should have different services and prices from other competitors 1.4 The interactive orders processing will work Order processing means to get the order data from the employees of the customer service or directly from the customers. The data are stored in the central database system for sending the order information to the accounting department and shipping department if thetheis conformed it needs to track the data to inventory for every step it goes. After delivering the order the most important part is the customer satisfaction because if the customer is not satisfied with the product or the service, then it will be very tough for the organization to continue their business among the other competitors. The organization has to notice that all the deliveries are3 delivered on time and the quality of the product which the customer is getting. It helps the company to know the customers experience to spread their business among the consumers. Page8of23
INTERNET MARKETING Modern online processing is more advanced and technological than another process. Now a days orders are captured online by order processing software, and automatically the orders send to the third party to supply the product. If there is a solid process for the orders, then it becomes profitable both for the consumer and the business. The business can make a large profit if they place the order in right way to the right customer. Page9of23
INTERNET MARKETING Task 2: 2.1 The mechanics of search engine marketing Search engine marketing refers to the form of internet promotional activity that is presented and visualized to the internet users frequently. This process involves paid advertising methods. The mechanics of the search engine marketing includes several methods that come under the strategic competitive positioning of the company(D.K, 2013). There are organic searches and paid searching techniques that enhance the importance of search engine methods. The main body of the internet pages displays the organic search engine results. It is assumed and expected by the company to secure the most wanted ranking position. The company can also improve the ranking positions by getting linked with the other sites and important links. The paid search method helps in enabling the listing of areas that needs sponsorship. The most common search engine of the paid programs is pay-per-click of PPC wherethecompanyneedstopayonlywhentheviewerclicksandsearchesonthe advertisement(Dominici, 2009). The usage of the search engine marketing includes generating new ideas, selling of the products, building up the brand image and diverting obstructions and jamming in the field of competition. The revenue difference can be created only by generating a bunch of additional prospects and serious strategies. Creating short and long term goals:Creation of objectives for organic and paid search engine techniques is essentially needed to build up a considerably accepted system and promotion of marketing objectives(Dominici, 2009). Generating list of keywords is important:To gain the knowledge of the customers and their related searched elements, the prospect of the advertising should be in favor the Page10of23
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INTERNET MARKETING consumers and that would attract their attention. Brainstorming activities and techniques help in such dealings. Optimization of the website:The website optimization involves rewriting of the contents that would include the maximum keywords and are rich in vocabulary. Making the sure that the content is organized is also important that helps to maintain mannerism. It is necessary to avoid the trafficking of the elements and the sites that search in the through the contents of the search engines and accessing the technological hikes(Duhan and Singh, 2014). Registering on the site:The most important and critically essential legal authorization is to register the site that plays a vital role in the result for the search engines. Advantages of the SEO The most important function of the SEO is that it delivers a rapid and continuous flow in the marketing strategies and deals with the targeted customers. This technique helps the business to expose and explore the market where the customers are ready to look in for the solutions to their every problem. The SEO generates the traffic that can be converted into potential customers and helps in the growth of the business. The most vital advantage is that it creates a base for the business in the niche marketing techniques(Duhan and Singh, 2014). Disadvantages of the SEO It is a time taking the process and may result in a delay in getting the return of investments. The search engine optimization technique requires a huge investment for competing in the niche market. This technique restricts the full control over the system, and that might result in the penalization. 2.2 Opt-in email marketing newsletter Leslie Mann, The Managing Director Page11of23
INTERNET MARKETING Smart Restoration Limited Subject: Demonstration and importance of opt-in email marketing Opt-in email marketing permission or advertisement works by permission granted by the recipient on electronic devices. This technique is a way of eliminating the cons of the online marketing and e-mail marketing. The most famous mode of communication is e-mail, and thus, it is also a wide platform for the advertisement field. To build a strategic and effective advertising field, the contents must be designed keeping in mind the following parameters. Building up the correct lists and formats:It is necessary to know the reason that a customer will follow their advertisement and convert into the potential customer base. Asking for permission before sending the emails is important and avoids the weight loss of the brand name preventing conversion in spams. Addressing to the interest of the audience:To avoid the irrelevancy of the emails, it is necessary to target and serve the appropriate customers. Surveying the best possible targeted market boosts and emphasizes the base of marketing. Adding the value:In a scene that the company gets to the targeted customers and market, it becomes easy to add value to the customers and strategies. The boost in the customs and needs of the consumers will enhance the improvisation in the quality and clarity of the promotion and products(Ferrell and Hartline, 2011). Frequency:The frequency of sending emails to customers for furniture must not often be more than twice a month. Excessive push to the customers create a disturbance for them and results in a tendency to lose importance resulting in ignorance of the consumers. Page12of23
INTERNET MARKETING 2.3 Guidelines for online public relation Online public relation and the activities related to it refers to the improvisation of the results of many search engines from the different digital marketing techniques and communication specially the social media. Search engine optimization, marketing in partnership and viral marketing also adds to this flavor(Greenawalt, 2005). To plan a complete online public relation strategy, the following steps need special attention: 1.Identifying the target audience 2.Surveying the knowledge level of the target market 3.Observing their reactions 4.Setting specific objectives for the campaign 5.Selecting the recommended strategies for public relation 6.Nature of persuasive communication 7.Techniques and tactics needed for the better communication procedure 8.Recommendations and knowledge for the change in belief and assumptions 9.Look in for the change of perspectives and behavior The advantages of OPR Reaches the maximum bunch of audience:Online processes involve the platform of the whole world and thus, reaches out to the world-wide market. Low cost:This technique of advertisement involves less cost and avoid the cost of printing and other digital media expenses like television advertisement, spots, etc. The disadvantages of OPR The engagementofconsumersisquestionable:Theinvolvementof theviewersis questionable as it is impossible to judge whether the viewers are getting through all the content of the advertisements or not. Moreover, it cannot be assumed to what extent the viewers have been able to understand and interpret the matter. Page13of23
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INTERNET MARKETING Replacing other materials is the temporary option for the online public relation:It is not possible to focus on a single advertisement and drop out the other important materials and thus, it is important to focus on the other modes of communication too. Best practice in OPR The widely accepted and most relevant techniques of the online public relation strategies involve: Online partnerships and affiliation:an Online partnership with the other digital media enhances the growth of the company and the advertisement techniques. Affiliation here refers to the sharing of the revenue amongst the online advertisers and publishers. Interactive display advertising:The more conceptual and integrated an advertisement is created, the more target customers it attracts. People look for attractive elements, and interactive sessions help to assess the need of the customers and are more helpful. Mobile commerce:The use of mobile is common, and the trade through this device is referred as the mobile commerce. Apart from the internet usage, the trade being conducted via mobile involves SMS advertisement and voice call processes. Thus, this is also a sector where the online public relation takes place. Viral marketing:The marketing that spreads mouth to mouth or virally through the spread of word from the mouth is called viral marketing. Using offline techniques to support online media:SMS, voice call processes, unidentified internet protocol notifications are some of the offline techniques that are used by the public relation management to spread marketing(Gamble, 2006). 2.4 Use of new digital media communities The internet is the most widely accepted medium, of communication and considering it to be a community, the process can be categorized in different groups like chat-rooms, instant messaging, blogs, portals like Google and Yahoo, social media like Facebook, twitter, Page14of23
INTERNET MARKETING Instagram, etc. There are certain tactics that need to be followed to create reputation amongst the media regarding the company that is dealing with the specified product and its marketing throughout the web world. Monitoring every matter and events is a responsibility of the public relation department to provide free monitoring services. The main task here is to get through all the motions that are being captured by the social media and other digital marketing sites. Respondingtotheviewerswiththoughtfulnotionsisimportantratherthanacting defensively. It is a quite natural that when the ill reputation of one’s company is spread around, the relevant stakeholders are bound to feel bad and thus, it is important to keep in mind that business, promotion and customer demand must go hand in hand. Serving the customers and spreading positivity is also important to use this new digital media communities. It is not possible for the public relation department directly to come in contact directly with the customers and thus, the ones who are providing the service and interacting with the viewers must be guided properly(Madupu and Cooley, 2010). Page15of23
INTERNET MARKETING Task 3: 3.1 Secondary market research Secondary market research is done for to gain knowledge about the industry and market. The data or the information is collected by the other person for a purpose. It doesn’t cost anything. It can be reused. There are two types of data collection are as follows: INTERNAL SOURCES Sales Records Activity of marketing Information on cost Revenue EXTERNAL SOURCES Newspaper Magazines The company was formed in 2006. The president Eric Smart with his wife Laure made their home in Victoria 18 years ago. The company provides emergency service for restoration. The company has 3700 of storage in which maximum storage can be accommodate. They can remove and store all personal or property items which they think to relocate and can be stored in a different location. All of their staffs are trained for packaging and transportation of the content of their facility to a suitable place(Touzani and Moussa, 2010). Page16of23
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INTERNET MARKETING Duringthetimeofresidentialandcommercialrestoration,theyfollowsomeproper guidelines. Three steps are: 1.Emergency In the situation of emergency the insurance company, agent or the customer itself contact the company to mitigate the emergency and the company will contact the customer within 30 min and will start providing the service in an hour. They will send the project manager with the crew for restoration and provide security for the further damage. 2. The Estimate This is nothing but to give an estimated cost for the restoration. This will be asked by the insurance company because they have some certain budget limit. 3.The Repair At the final stage when the insurance company gives the final approval for the budget of restoration. During the time of completion of the project, they will provide the certificate of satisfaction to the customer for 12 months from the day of work for to sign(Touzani and Moussa, 2010). Page17of23
INTERNET MARKETING 3.2 Online survey to check restrictions on the use of online services by the customers The survey for checking the restrictions of use of online services by the customers’ needs to be formed in the form of questionnaire that comes under the primary data collection method. To formulate the campaigning of the concerned product, the following is the set up: 1.What is your name? 2.Gender: oMale oFemale 3.What is your age? o14-19 o20-26 o27-34 o35-41 o42 to above 4.What are the better options for shopping? oOnline stores oRetail stores oWhole-selling 5.What is your advice regarding the online shopping? 6.What are the problems that you are facing regarding shopping online? oTransaction issues oQuality issues oDelivery issues oOthers Page18of23
INTERNET MARKETING 7.How can online shopping services be improved? Your advice. 8.Are you happy with the services provided by us (Smart Restoration Ltd.)? oYes oNo 9.How much are you satisfied with our services and products? oStrongly satisfied oFairly satisfied oNot satisfied at all 10.What is opinion regarding our products and what will make you opt for online shopping? 3.3 Electronic customer relationship marketing Electronic customer relationship management (e-CRM) automates the online marketing processes with the help technologies like email, chat-rooms, websites, and other channels of customer that act as the digital marketing community. In the case of the smart restoration limited, effective electronic customer relationship marketing will be increasing the efficiency, and that will also improve the interaction procedure with the customers regarding the business strategies and marketing(Williams, 2011). Customization of the products is also an important factor that helps the customers to seek for the appropriate things they want in a specified period. The benefits of the electronic customer relationship marketing are as follows: 1.Improvisation of the service to the customer and relationships, support. 2.Suitability of the offers that are provided to the customers in accordance to their behavior. Page19of23
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INTERNET MARKETING 3.The increase in the customer satisfaction margin and customer loyalty. 4.The increase in greater efficiency and reduction of costs. 5.Business revenue increases too. Task 4: 4.1 Internet marketing plan Online marketing planning is an organized campaigning of the products throughout the various sites over the targeted online marketing region. This is an alternative way of the promotional strategies of the products that involve a less than that of the search engine optimization or the social media promotion and marketing efforts. Situational analysis of the company is necessary to make an effective e-marketing strategy. The analysis of the external environment and internal environment are the main strategic activities. The external environment analysis consists of the factors like threats and customer analysis, market analysis and competitive analysis; all falls under the external factors of a company(Williams, 2011). The strengths, weaknesses, opportunities and threats (SWOT) are the essential elements that a company gets to analyze their internal and external environment and business condition. Page20of23
INTERNET MARKETING 4.2 Pay per click advertising Page21of23 Keeping in mind the growth of the trafficking marketing policies in the field of online search engines, the pay-per-click technology acts as a benefit for the revenue collection of the company and also the depth of The basic formula structured for the advertisement of the products of the concerned company is: Pay-per-click= Advertising cost/ Ads clicked To measure the revenue collection of the company, this basic formula helps in fostering interest in the marketing There are two types of pay- per-click advertising methods: FLAT-RATE PPC: In this module, both the advertiser and publisher coordinates and settles on fixed amounts for the deal. BID-RATE PPC: Auction is a part of this event that is set upon contracts and enables To run a successful PPC campaign, the following steps act essentially: Objective determination Budget definition Listing and finalizing keywords Attention seeking and attractive presentations
INTERNET MARKETING Referencing Abou Nabout, N., and Skiera, B., (2012). Return on Quality Improvements in Search Engine Marketing.Journal of Interactive Marketing, 26(3), pp.141-154. Arnott, D. and Bridgewater, S. (2012). Internet, interaction and implications for marketing.Marketing Intelligence & Planning, 20(2), pp.86-95. Becherer, R. and Halstead, D. (2004). Characteristics and internet marketing strategies of online auction sellers.International Journal of Internet Marketing and Advertising, 1(1), p.24. Bigné‐Alcañiz, E., Ruiz‐Mafé, C., Aldás‐Manzano, J. and Sanz‐Blas, S. (2008). Influence of online shopping information dependency and innovativeness on internet shopping adoption.Online Information Review, 32(5), pp.648-667. Burnett, J. (2007).Nonprofit marketing best practices. 1st ed. Hoboken, N.J.: Wiley. Christodoulides, G. (2009). Branding in the post-internet era.Marketing Theory, 9(1), pp.141-144. D.K, G. (2013). An introduction to search engine marketing: A theoretical study.International Journal of Advances in Computing and Information Technology, 2(2), pp.31-36. Dominici, G. (2009). From Marketing Mix to e-Marketing Mix: a literature overview and classification.International Journal of Business and Management, 4(9). Duhan, P. and Singh, A. (2014). Virtual communities’ antecedents and marketing dynamism: An empirical study of tourists visiting Varanasi.Journal of Direct, Data and Digital Marketing Practice, 16(2), pp.115-127. Ferrell, O. and Hartline, M. (2011).Marketing strategy. 1st ed. Mason, Ohio: Thomson/South-Western. Fjell, K. (2010). Online advertising: Pay-per-view versus pay-per-click with market power.Journal of Revenue and Pricing Management, 9(3), pp.198-203. Gamble, P. (2006).Up close & personal?. 1st ed. London: Kogan Page. Gbadeyan, R. (2010). Customer Relationship Management and Hospital Service Quality in Nigeria.African Research Review, 4(2). Greenawalt, K. (2005).Does God belong in public schools?. 1st ed. Princeton, N.J.: Princeton University Press. Hazlett, K. (2010). Marketing to the Social Web: How Digital Customer Communities Build Your Business (2nd ed.)20102Larry Weber. Marketing to the Page22of23
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INTERNET MARKETING Social Web: How Digital Customer Communities Build Your Business (2nd ed.). Hoboken, NJ: John Wiley & Sons, Inc. 2009. 230 pp. $24.95 (hardback) www.wiley.com.Journal of Consumer Marketing, 27(3), pp.293-295. Karlsen, F. (2013).A world of excesses. 1st ed. Farnham, Surrey, England: Ashgate Pub. Limited. Madupu, V. and Cooley, D. (2010). Cross-Cultural Differences in Online Brand Communities: An Exploratory Study of Indian and American Online Brand Communities.Journal of International Consumer Marketing, 22(4), pp.363-375. Soopramanien, D. (2010). Conflicting attitudes and scepticism towards online shopping: the role of experience.International Journal of Consumer Studies, 35(3), pp.338-347. Touzani, M. and Moussa, S. (2010). Ranking Marketing Journals Using the Search Engine Google Scholar.Marketing Education Review, 20(3), pp.229-247. Williams, A. (2011). Virgin media defends ‘service’ email.Journal of Direct, Data and Digital Marketing Practice, 12(4), pp.375-377. Page23of23