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Personal
selection - Web surfers who click on an ad to see more information select
it themselves, so they are more likely to be prospective customers. Also, Web
sites can customize the selection of ads based on user history and preferences,
making it possible to target prospective customers more easily than TV or radio
ads can.
Interactivity
- Consumers of other types of advertising just take it in, but consumers of
Internet advertising are active participants. They click on items and help shape
the experience.
Integration
- An integrated site can offer product support as well as promotional information.
A Web site can include online communities and opportunities for customers to request
e-mail.
One-to-one
service - Web sites can use cookies to remember user preferences, thus tailoring
the experience according to the wishes of the customer.
Online
purchasing - Web advertising can have a direct link that allows the user to
make a purchase immediately.
Global
reach - Web pages are available anywhere in the world where a user can access
the Web.
Businesses that establish themselves on the Internet often have the following
marketing goals:
To improve customer service
and satisfaction.
To introduce and sell new products.
To enter new markets.
To automate business processes.
Drivers
to entering e-commerce include:
access, around-the-clock service, EDI, increasing bandwidth, enabling technology,
cost, ease of access, critical mass, physical locations, diversification of offerings,
and centralization.
Barriers
to entering e-commerce include:
fragmented data and data format, large segmentation, rapid change, increased competition,
physical locations, saturation, cost, restrictions, and distribution.
Hard goods are physical items
like computers, electronic equipment, clothing, paper-based books, CD, and so
on. Hard goods must be physically shipped.
Soft goods include software,
information, news, and digital music or entertainment. Soft goods can be delivered
immediately online by downloading.
Business Goals
A
Vision statement - general statement of how a company fits into the grand
scheme of things.
Even though the vision statement
describes what a company will be like in the future, it should be written as if
the company was already there.
Mission
statement - states specific company goals that when achieved will lead to
the company vision becoming a reality.
What is the purpose of your
site?
To sell a product?
To provide information?
To provide service?
What business model do you
fall into?
Worksheet on goals and demographics
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Will you expand new markets?
By creating new locations
on the Internet for your company to buy and sell goods and services in focused
and diffuse market environments, you can improve the chances for new sales and
increase company visibility.
Will you improve information
flow?
By automating the execution
of routine transactions and the posting of necessary data, you can save the time
and effort involved in providing others with information necessary for them to
complete their work efficiently.
Will you build a customer
base?
By improving customer service
while reducing costs, you can enhance your relationship with existing customers
and devote resources to expanding your customer portfolio.
Demographics is the study
of groups based on certain characteristics such as age, gender, race, income,
education, and location. When you understand these groups, you can target the
correct market segment for your products or services.
Psychographics is involved
with predicting how people will react to various design elements. Psychographics
and demographics can be used together to better understand and attract your target
market segment.
Message boards are a good
way to create community, because they offer an opportunity for customers to talk
to one another about a site's products and/or services.
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