Marketing in the Digital Age
E-Marketing
Internet
- Public internet – Marketing (the world)
- Intranet – IT Dept (company only)
- Extranet – Marketing / Purchasing (suppliers, customers)
E-business, E-commerce, E-marketing
- E-business – business activities used digital technology
- E-commerce – transaction in e-business
- E-marking - marketing + IT
Internet Marketing
- Customer acquisition – gain new customers
- Customer conversion – encourages a customer to take a specific action
- Customer retention – customers to stay
- Customer value growth – profit
Web 1.0, 2.0, 3.0
Web 1.0 – read only
- Negative profits
Web 2.0 - read and write
- Connect through social media
- Power shift from sellers to buyers
- Information transparency - Consumers trust each other
- Market and media fragmentation
Web 3.0 (Semantic Web) – read and write
- Real time
- Mobile and geolocation
- Semantic
- Facebook, Instagram (UGC) - User Generated Content
E-marketing Opportunities
- Cost – lower
- Time – 24/7 , better conversion rates
- Interactive – IG campaigns
- Global reach, easy to spread – UGC, mobile access, social media
- Threat – opponents can also go through the low barrier
- Personalization – one-to-one marketing
- Trackable, measurable results – figures to download
E-marketing Best Practices
- Personalization
- Effective-and Cost-Effective-Promotions
- Email, Search Advertising, Social Networks
- Can be Tracked, Effectiveness Measured
- Use of Rich Media (mobile phone)
- Strategic Partnerships
- Consumer Involvement, Co- Creation
- Integration with Offline
7 Step E-marketing Plan (A.P.O.S.I.B.E.)
Strategy Development
Very useful skills to think the strategy.
Situation Analysis
- PESTEL Analysis (Political, Environmental, Social, Technical, Economical, Legal)
- SWOT (Strength, Weakness, Opportunity, Threat)
- Porter’s generic strategies
E-marketing Strategic Planning
- Segmentation
- Targeting
- Differentiation
- Positioning
Marketing Objectives
- SMART Analysis (Specific, Measurable, Achievable, Realistic, Time)
E-marketing Strategy
- Business Models
- Revenue Streams
- Web1.0/2.0/3.0
- 4P Strategies
- CRM/PRM Strategies
CRM - Customer Relationship Management
PRM - Partner Relationship Management
Fuck, my Typora Crushed and lose all my progress :(
nvm I just post my pdf file here then :<
will update again when I got some moods…
All articles in this blog are licensed under CC BY-NC-SA 4.0 unless stating additionally.
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