Professional Documents
Culture Documents
“A Christ-centered Institution”
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Bachelor of Science in Accountancy * Bachelor of Science in Business Administration
Business Information Management
I- Introduction
II- Strategies of Digital Marketing
a. Website Marketing
b. Social Media Marketing
c. Mobile Marketing
III- Benefits of Digital Marketing to People
IV- Benefits of Digital Marketing in Economy
V- Benefits of Going Global
VI- Pros of Global Marketing
VII- Cons of Global Marketing
VIII- Recommendations and Suggestions
THE FISHER VALLEY COLLEGE
“A Christ-centered Institution”
COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY
Bachelor of Science in Accountancy * Bachelor of Science in Business Administration
Business Information Management
INTRODUCTION:
People from all over the world use the internet to access information and data about
products and services. It’s evident that companies, business organizations, and financial
institutions, which have web pages have majorly gone global from the beginning. In the digital
marketing age with the introduction of communications, business organizations and financial
institutions won’t look past challenging issues created by customers who are exceedingly
diverse and seriously demanding.
Digital marketing is global in nature, and ensuring a global standing is not a significant
achievement as it was before, but global excellence is key. This is interpreted into effectiveness
and efficiency across various geographical areas from a major point of view. There is positive
news, which also emerged for global and local investors as they can leverage on digital
marketing globalization to enhance and boost their inputs as well. Business organizations and
financial institutions would put into critical consideration if they had to initiate or accelerate
digital evolution.
WEBSITE MARKETING
Website marketing is the strategic promotion of a website to drive relevant traffic to the
site. The goal is typically to attract people who may be interested in a company’s products or
services. More traffic coming to a site means more opportunities to put your value proposition in
front of potential customers. The goal of most website marketing strategies is to rank highly in
search engine results pages (SERPs) through the implementation of search engine optimization
(SEO) tactics, content marketing, social media engagement, and other digital and offline efforts.
It also refers to any form of advertising or marketing on the web. It's an all-inclusive term for
promotions shared via emails, social media posts, paid advertisements displayed on search
engines, etc. Websites are an essential tool for businesses to establish their credibility and build
trust with their customers. This can then be further boosted by local SEO services to attract a
local demographic for businesses who might be new in the market. So, there you have it,
the purpose of a website is to turn visitors into prospects. With a website, you provide a place
for consumers to see what your brand is about and learn more about your products and
services, any time of the day or night. If you make your products available for sale on
your website, then consumers can even make purchases around the clock. And the way to do
this is to identify the major user types visiting your site, speak to their needs and give them a
clear action step to take next.
Mobile Marketing
Mobile marketing is a marketing approach that sees brands and businesses using a
variety of techniques to promote their business, brand, product, or service directly to mobile
users. In the early days of mobile devices, mobile marketing was limited to SMS, and later
MMS. But as the technology has developed, and the reach and use of mobile phones has
grown, this has expanded to include email, mobile websites, voice-calls, and more recently,
mobile apps – with or without push notifications – social media, and chat apps. And while the
first SMS ad was sent back in 2000, many of the newer strategies are less than a decade old,
highlighting how quickly the technology is evolving. We have also shifted from using mobile
phones with a limited set of features, to using smartphones that themselves are capable of more
with each update, now also complemented by the addition of tablet devices, and smart watches.
Mobile marketing is a multi-channel, digital marketing strategy aimed at reaching a target
audience on their smartphones, tablets, and/or other mobile devices, via websites, email, SMS
and MMS, social media, and apps. In recent years, customers have started to shift their
attention (and dollars) to mobile. Mobile marketing is a revolutionary marketing tact in business
world. It introduces easier and better way to communicate directly with customers and advertise
products. Ecommerce business can be easily enhanced. Marketers now contact users
according to their natures and requirements. In today’s world, technology influences our culture
more than ever. Consumers have begun to evolve to be filters, able to tune out constant
bombardment of messages that may come in from TV or banner ads, email newsletters or
billboards. Marketers have noticed for this trend and have moved on to more nuanced
techniques to garner consumer attention, namely mobile marketing. This shift from traditional
marketing to mobile inbound marketing, that is performance based, has created a requirement
that communication with future customers occurs at a personal level. Focusing a message on
the individual customer is replacing the more impersonal, mass messaging techniques of old.
Mobile Internet Marketing offers an effective and modern progression in the marketing mix,
providing a wave of inbound, localized and personalized marketing. Here’s a quick preview of
what mobile internet marketing consists of, and what it can do for your business.
geographic locations, and even target by age or education range in some cases. Nary a
television, radio ad, or billboard can do that for you.
the time to learn new processes. Our team of experts can help with that learning curve
by providing professional and outstanding services that complement your digital
marketing campaign. Contact us today to learn more about your web marketing options.
can get data for planning cross selling campaigns with the information available from
tracking webpage visits.
4. It helps to take advantage in social media
Social media is growing in importance every day. Internet marketing allows you to
leverage this. The link between online revenue growth and social networking was
highlighted in a recent study by the Harvard Business School’s Executive Education area.
The study found that there were increased sales of about five percent generated by those
consumers who reported that they were most strongly influenced by social networks. By
incorporating social media tools in your Internet marketing campaigns, you can take
advantage of this type of influence and watch your profits soar.
5. Allows to Reach more people
You can overcome all barriers of distance by using marketing on the Internet. Without
setting up local stores, you can sell products in any part of the nation, or even beyond. This
widens your target market significantly. Plus, without opening a network of distributors in
various countries, you can build an export company. To make certain your products and
services comply with local business regulations and are suitable for the local markets, you
should enlist the help of localization services if you plan on selling internationally or even in
some remote locales nationally. Localization services include product modifications to reflect
local market differences and translation services. By now, you can plainly see that an
expertly crafted Internet marketing campaign can open up a whole new world of
opportunities for your business. You may be tempted to jump right in. However, it is
important that you take the time to create a plan and coordinate all of your online marketing
efforts. Otherwise, you will likely cause confusion among consumers. And, these days, the
typical web-savvy consumer can spot a company with a disorganized online presence from
a mile away.
potential hires have skills that are hard to find in your home country, which gives you an
edge on other organizations in your field that have not yet gone global.
4. Learning a New Culture
Getting information about a new place can help make your organization more well-rounded.
Having an understanding of people who are not from your country will give you a new
perspective on relations with customers, and may even help you work better with domestic
customers and business partners. Hiring a cultural consultant will help guide you in creating
marketing content that takes into account culture and any linguistic nuances.
5. Exposure to Foreign Investment opportunities
Foreign investment can be extremely valuable for your business as many companies
already know. This may be the reason why in 1997, foreign investment was up to seven
times the level it was in the 1970s. When you go global, you can more easily learn about
these investment opportunities and how beneficial they can be for your company.
6. Improving your company’s Reputation
Businesses that can successfully go global and market their offerings to a totally different
population will enjoy the prestige of calling themselves an international company. It is not an
easy feat to accomplish, meaning prospects and potential business partners will instantly
think more highly of your company when they know you have an international presence.
7. Diversifying Company Market
If your business only has one or two areas where it can sell services or products, what
would happen if these markets experienced a dramatic shift because of a natural disaster or
other unforeseen circumstance? Taking your business global allows you to diversify your
markets so your revenue sources are more stable: even if your domestic activity is slow,
your business will not take as large of a hit since your global market will make up the
difference. Going global has a number of advantages, but they do not come without
challenges. If you can create an effective strategy for getting over the hurdles that
globalization might present, the process can reap many benefits that your business will get
to enjoy for years into the future. Working with a company that specializes in not only
translation, but cultural consulting can assist you in preparing authentic marketing
content, localized landing pages and SEO as well as a trans created homepage specific to a
new global market you are attempting to gain entry into. Understanding the culture and
what will resonate will play a huge role in the success of your global expansion efforts.
In addition to a network for your products and services, a global marketing strategy
gives you and your company some global networking opportunities. And you never know
how one connection could lead to another. What would a global partnership look like?
Recommendations
It is argued that globalization has become a powerful force in the business environment
and has a major influence on the labor process, labor markets, the practice of management,
and the management of employees in organizations. It is also asserted that both local and
global companies are in various ways adjusting to the changes brought about by globalization.
According to the foregoing analysis, globalization is not merely an intensification of global
interconnectedness brought about by market forces and technological change. Rather, it is a
worldview shaped by capital and hegemonic power that aspires to establish a global system in
line with the interests of capital. Capitalism, as a market-oriented system of production, has an
inherent globalizing tendency. However, capitalism is not always characterized by the level of
adherence to the liberal principles that globalization represents. In E. M. Wood's penetrating
analysis, globalization represents a new phase of capitalism that is more universal, more
unchallenged, purer, and more unadulterated, than ever before. The financial crises affecting
different countries have shaken the confidence of the advocates of globalization. The World
Bank, for example, in stark contrast to the minimalist state dictum it advocated in the 1980s, in
the early twenty-first century recognizes the importance of the role of the state in protecting and
correcting markets. There also has been a growing realization that unfettered financial flows,
especially from advanced countries to emerging markets, can create profound instability. Yet
despite notable setbacks and shaken confidence, the advocacy for globalization remains strong.