Professional Documents
Culture Documents
ACKNOWLEDGEMENT
This work is an outcome of continual studies and intellectual support from various sources. It is
therefore almost impossible to express adequately the debts owed to many people who have
been instrumental in imparting this work, a successful status. The best and worst moments of
my MBA journey accompanied with hardships, frustration, encouragement, and trust have been
shared with many individuals.
I express my gratitude and appreciation to those who have contributed directly or indirectly
towards obtaining my MBA degree and I cherish the virtual two years spent with all the students
of my 2020 – 22 batch. During this pandemic we have learned and supported a lot I know in
coming year we all would come up with flying colours.
The purpose of this acknowledgment will be incomplete if I fail to appreciate my parents Ms.
Deepa Shah, Mr. Vipin Shah, my loving sister Diya Madnani, and her family. Their love,
support and motivation provided me inspiration and encouragement and were my driving force
to successfully complete my work.
I would also like to give my sincere thanks to the Embassy of Brazil, His Excellency André
Aranha Corrêa do Lago, Brazil's Ambassador to India, the Agricultural Attaché office, and
my head at workplace Mr. Angelo Mauricio, who offered me so much advice, patiently
supervised me, and always guiding me in the right direction. I am fortunate to have him as leader,
mentor, problem solver and a listening ear.
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EMERGENCE OF GLOBAL INTERNET MARKETING – ORIGIN, NEED,
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Undertaking By Candidate
I declare that project work entitled “Emergence of Internet Marketing: Origin, Need,
Challenges & Opportunities – An Overview” is my own work conducted as part of my
syllabus.
I further declare that project work presented has been prepared personally by me andit is not
sourced from any outside agency. I understand that any such malpractice will have very serious
consequence and my admission to the program will be cancelled without any refund of fees.
I am also aware that, I may face legal action, if I follow such malpractice.
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Table of Content
PARTICULARS PAGE
NO.
CHAPTER 1 – Introduction to The Internet Marketing 4 – 20
✓ On-to-One Approaches 31
✓ Niche Marketing 32
✓ Geo-Targeting 32
CHAPTER 5 – Conclusions 51 – 54
CHAPTER 6 – Bibliography 55 – 58
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Chapter 1
Introduction to the Internet Marketing
Current pandemic situation has been highly impacting lives of many people and mainly those
who were owner of small stores. This unprecedented time has been really very hard resulting
to mass layoffs and closure of shops/ shopping malls/ eating joints etc. So, this has turned
the life bottom side up with the emerging era of Internet marketing. With high penetration of
digitalization complete schools are based on e-learning software’s, doctors have begun
delivering telemedicine. This digital empowering velocity has increased customer trust and
aligning to new culture of Work from Home which has benefitted IT companies a lot.
Going to the basics, in recent years, ‘marketing’ has undergone substantial changes and
‘internet’ has been a major driver in this transformation process (Petkus Jr, 2010). The Internet
can simply be defined as “a virtual network that connects various computer systems across
the world. It also includes the network infrastructure for connecting servers and the
communication links that are used to transfer vast amounts of information on the world wide
web" (Stansfield, 2004).
Introduction of internet has influenced the performance and structure of many industries such
as travel and tourism (Lang, 2000; Standing et al., 2014), education (Kanuka, 2007; Lenhart
et al., 2001; Singhal, 1997; Vasarhelyi & Graham, 1997), healthcare (Bhatt & Bhatt, 2017;
Chiuchisan et al., 2014; Kulkarni & Sathe, 2014; Yuehong et al., 2016), retail (Balaji & Roy,
2017; Gregory, 2015; Katros, 2000; Shankara et al., 2015), banks (DeYoung,
2001; Siaw & Yu, 2004), etc.
The Internet has established new communication norms and procedures, which in turn is
influencing marketing practitioners to follow suit (Scott, 2009). Several fields related to sales
& marketing have been greatly revolutionized by technological innovations driven by the
internet adoption. Halloway states that "the internet recognizes the importance of
communication which acts as an interface between a business and its customers, thus playing
a key role in all elements of the marketing mix" (2004).
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One of the important points on embracing the Internet to the center stage of marketing is that
it is not just a new promotion channel, a new type among other traditional marketing channels.
On the contrary, it is a new communication medium which has brought about a tectonic shift,
a turning point around a digital business model, which in turn is reconceptualizing the basics
of modern marketing (Wind & Rangaswamy, 2001). This new concept is invariably impacting
the new communication technologies that have fostered a new dynamic environment resulting
in a customer-oriented, bottom-to-up, reciprocal process.
Internet marketing, also known as digital marketing, can include usage of interactive virtual
platforms to promote and sell goods & services. Internet marketing has resulted in incredible
gains for companies by setting up speedy processes, ensuring cost effectiveness, providing
flexibility and path for unprecedented global reach. On the other side, this new way of
marketing also has its own set of flaws, security & privacy concerns, lack of personal connect,
etc. This project aims to determine the impact of internet-based communication technologies
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Internet marketing includes a wide range of elements due to availability of multiple channels
and methods of marketing as compared to traditional business marketing. Internet marketing
which is also referred to as digital, online, web or e-marketing. Like any other marketing
channel, it also involves an advertiser (individual or company) who provides the
advertisements and a publisher who integrates advertisement into its online content. Other
potential members in internet marketing can be advertising agencies who help in generating
and placing the ad copy, an ad server which technologically delivers the ad and tracks
statistics, and advertising affiliates who do independent promotional work for the advertiser.
In other terms, internet marketing can be detailed out as “application of digital technologies
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When the email was invented, it was majorly used by the military and universities as a
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For creating ‘the first internet’, the credit was given to the national
science foundation, which opened its internet for business
purposes in 1991. In 1994, WebCrawler introduced a search
engine which was capable of indexing titles and headers of a
web page and its whole content. Then another search engine
called ‘Lycos’ came to rank search results based on the content
relevancy. The search engine Google was released in 1996 and
in 2003, Google initiated its AdWords helping the marketers to
provide ads according to the user requirements.
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Even though there might not be a consensus on when internet marketing gained prominence,
most reviewers refer to the same around 1994. So, it is widely accepted that "first significant
commercial usage of Internet marketing began with the display of banner advertisements on
web pages and the appearance of Internet-based shopping centers (the electronic equivalent
of a physical storefront) such as Amazon.com".
Though the present involvement of internet marketing in business is now high, the actual
timeline of internet marketing adoption is quite short. Here is the brief timeline of events which
transpired to commence the internet marketing where it is in the present state.
Initially, the internet was not intended to be used for any marketing activities, rather it acted
as a medium to exchange information and emails. But soon it caught the attention of marketing
practitioners’ who identified the potential in the platform which helped them grow their
business.
Statistics make it clear that this new marketplace, internet marketing, has had an astonishing
rate of growth. So amazing is the growth rate of this new paradigm of marketing that it is hard
to believe how young it is. In fact, in 1994, spending for internet marketing totaled nearly
nothing, but increased to over $300 million in 1995. After a decade later, marketing spending
and internet marketing business has exploded to nearly $500 billion (according to Forrester
Research). Today, it is hard to believe in having an organization which doesn‘t has some kind
of online presence.
This brief historical background suggests that the acceptance of internet marketing is growing
day by day. Even though the timeline tells that it’s a new marketing technique, it has brought
revolution in the field of marketing faster than any other marketing technique.
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products & services and build brand awareness which in principle is like the other offline and
online marketing tactics.
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EMAIL MARKETING: It is the second most popular type of internet marketing which uses
electronic mail for sending promotional/marketing messages to internet users. It has been
identified to be one of the most effective and cheapest methods to connect with the intended
users. It offers multiple benefits for advertisers by promoting their products or services,
developing customer relationships, increasing brand loyalty, and eliciting useful feedback
from the customers.
It has the capability to achieve ROIs as high as 3,800 percent, despite being one of the oldest
forms of internet marketing. On top of it, there are various possibilities on the types of emails
that can be sent and there is no limit on the number. Advertisers have the choice to choose
from a laundry list of newsletter campaigns, confirmation emails, thank-you or follow-up
emails, and notifications about product features & updates.
Several researchers have highlighted the privileges of conducting email marketing in the
digital space (Bawm & Nath, 2014; Hartemo, 2016; Mullen & Daniels, 2011; Pavlov et al.,
2008; Rettie, 2002). In this regard Peppers & Rogers (2000) points out the benefits to "high
response rates'' and "low costs" of email marketing and thus believe that these advantages
"are rapidly turning email marketing into an invaluable tool". Despite these benefits email
marketing also suffers from some deficiencies. One of the key issues is that customers can
easily choose to overlook the promotions mail and even some email clients can help them to
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Hence it requires some action on the part of marketers to reduce the possibility of customers
ignoring promotional emails. One of the ways to achieve it is by not relying solely on email
marketing. Companies can choose to deploy various marketing channels and methods
available to succeed in their goals. This can also be achieved by solving the innate challenges
by obtaining permission for email marketing. The concept of "Permission marketing" as
popularly known has been coined by (Godin, 1999) in which the email recipients are first
requested for their permission to send marketing communications from the commercial
marketers. So, until the recipients have expressed their explicit consent, they will not receive
marketing emails. This ensures relevant promotional content reaches the potential customers
through emails.
There are clear indications that using graphic visuals which are relevant to the message is far
more effective than simple texts. For combinations, it's suggested that to maximize
effectiveness, using a graphic visual alongside casual language. While in contrast, using no
visual appeal and a formal language style is seen as the least effective method.
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(by purchasing ads on commonly used SEM services like Google AdWords and Bing Ads),
contextual advertising, and paid inclusion, or using free search engine optimization
techniques. These paid advertisements are usually indistinguishable from organic search
results, except for a small “Ad” label. They appear at the hotspots of the search
page, giving instant visibility and brand awareness to the buyers.
PAY PER CLICK (PPC): Pay-per-Click advertising falls under the SEM
umbrella when it applies to ads on search engine results pages, but it can also
be extended to affiliate marketing and ads on other web pages.
When a company follows this type of model, they only pay for the number of clicks that
are received on the ad, thus making it an attractive option for businesses that have tighter
budget constraints. However, in this model advertisers are now charged in different ways
depending on their marketing objectives. Some of the ways to charge include cost per
thousand impressions, cost per view, and cost per action.
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featured as one of the top results when relevant keywords are searched in the engine.
Statistics suggest that more than 75 percent of users never visit the second page of a search
engine, hence refining the SEO strategy is crucial for a company that wants to generate more
business from organic searches.
Parikh & Deshmukh (2013) offer this definition: "Search engine optimization can be explained
as a number of strategies and tactics used to improve the amount of web traffic by obtaining
a high-ranking position for a relevant keyword in the search results page of a search engine
(SERP)". Search engines (specifically Google) use web crawler bots (sometimes called
spiders) to study the web content and build an online index of the information available online.
When a user enters a keyword in the search engine, it will provide a list of relevant content.
There are two broad types of SEO techniques: On-page and Off-page. On-page SEO refers
to the changes made directly to a web page in order to increase search engine ranking. It can
involve optimizing web code, content quality, and content structure. Off-page SEO is a
practice that can be accomplished outside of the web page itself, by creating backlinks,
improving link relevancy, and enhancing social signals.
The importance of search engine optimization lies in the fact that customers most of the time
use engines as a major gate to get around on the internet. So some marketing techniques
have been developed to enhance the rank of intended business websites in the search engine
results. The purpose of SEO strategies is to place a given website among highly listed entries
returned by search engines which in its turn produces more traffic. So, "Web site owners,
webmasters and online marketers want search engines to send traffic to their site. Therefore,
they need to make sure that their sites are relevant and important in both the eyes of the
search engines and the users" (Stokes, 2011).
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affiliate for each visitor, customer, or sale which is brought about as a result of affiliate's
marketing efforts. In most cases, the reward is monetary in the form of a monthly check. Most
well-designed affiliate programs are easy to implement, require little or no setup,
are free, and can instantly generate a new source of revenue for you"
(Brown, 2009).
Offline affiliate marketing has been used in a number of businesses
to promote products and services. But the online environment has
extended the prospect of deploying this method drastically. The
reason is that referral or affiliates are very easy to track online. This
method of internet marketing is widely used to promote websites and
affiliates are compensated for their effort to attract every single "visitor,
subscriber, or customer". These affiliates sometimes are considered to be "an
extended sales force" at the service of a website. Because affiliates are rewarded based on
their performance, affiliate marketing is also known as "performance marketing" (Stokes,
2011).
However, despite its numerous benefits, affiliate marketing is perceived to be not a safe and
easy means of internet marketing because of lack of reliability in terms of the number of new
customers an affiliate can generate. As a result of risk and bad affiliates, the business might
face exploitation in terms of claiming commission by the affiliates that are not honestly
acquired. Proper legal means can provide protection , yet there is limitation in
recovering losses. Businesses that choose to use this type of internet
marketing should be aware of such risks involved and look to associate
with affiliates in which the proper rules are discussed between the
involved parties to minimize the risk involved.
have no chance to stand out in the rapidly changing digital freedom" (Saravanakumar &
SuganthaLakshmi, 2012).
Social Media marketing is the use of social media platforms to improve customer engagement
and promote a brand. While it doesn’t necessarily drive sales, social media marketing
increases engagement, builds links, and expands brand awareness. Social Media marketing
has become the ultimate game- changer in the marketing domain over the last decade—one
that brands cannot afford to overlook. Especially Instagram is the most used social media
platform and is great for marketing. There are a variety of social media platforms to choose
from, including Facebook, Twitter, LinkedIn, Instagram, Snapchat, and many others.
Depending on the niche and target audience, business can choose whichever one(s) is most
relevant to their business.
Social media marketing is especially promising for small businesses because it increases their
competitive edge and reach. This new rewarding type of marketing, social media marketing,
can be easily defined as ''a term used to describe the process of boosting website traffic, or
brand awareness, using social media networking sites…most social media marketing
programs usually revolve around creating unique content that attracts attention and
encourages the viewer to share it with their friends and contacts on social networks.
Your business message spreads from one user to another and impacts the user in a stronger
way because it appears to originate from a trusted source, as opposed to the brand, business,
or company itself" (2014: 2). As is apparent from the above citation the key element of social
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media marketing is involving users of social networks. If users / readers come across a right
and relevant content the likelihood of sharing it with other people in their social networks
increases.
So, if a marketing body succeeds in making social media users share its promotional content
with people in their network it means that it has gained support from a trusted source and
possibly will be regarded highly by the recipient. Clearly promotional content shared by a close
friend has much more impact than content directed from a marketing party. The impact of
contents shared by social network members is high due to the fact they are originally kind of
a "word of mouth" circulating on the online environment.
With respect to pillars of social media it should be noted that the "social media comes in many
forms … [such as] blogs, microblogs (Twitter), social networks (Facebook, Link), media-
sharing sites (YouTube, Flickr), social bookmarking and voting sites (Digg, Reddit), review
sites (Yelp), forums, and virtual worlds (Second Life)" (Zarella, 2010).
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Users can interact with the content by reading, sharing, and commenting on it, which in turn,
leads to more clicks, leads, and ultimately, sales. A brand may use this approach to hold a
customer’s attention with the goal of influencing potential purchase decisions.
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Chapter 2
Literature review
An extensive literature review is done on the concepts and theories related to internet
marketing. A review of Research articles is undertaken to take note of and acknowledge work
that has been done in the field of internet marketing as such. The researcher has collected
secondary data from reputed international and national Journals, books, and Magazines.
The researcher has identified more research papers along with few articles published in
renowned journals using keywords such as internet marketing, digital marketing, web
advertising, E-commerce impact, trends of online marketing, consumer attitude to Web ad
and sales/marketing strategy. The review of available Literature on each topic is taken into
account in this chapter.
1. “IMPACT OF E-COMMERCE
ON MARKETING” BY REDDY
(2003)
The article describes how Marketing is one
of the business functions that is most
drastically impacted by the internet-based
technology. The Internet has provided
businesses a new channel of communication
and interaction with potential customers by
bringing them closer in a more cost-effective manner. Businesses can use the internet to
provide relevant information, service, and customer support. It also creates positive interaction
with customers that can serve as the foundation for long term relationships and encourage
repeat purchases. Ecommerce allows the customers to do the shopping from the comfort of
their homes and purchases their goods. It facilitates the customers to buy any kind of product
or service in their mind at any time and from any part of the world.
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This article explains how the internet is used for pulling the
new customer and a push medium in information. Today’s
customers have unique needs, interests and demands.
They use the Web for getting more and more information
about the product. In this scenario web advertisement can
be used to pull new customers and increase sales. The
author explains that the internet is one of the fast-growing
sales channels and it has a significant impact on consumer
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behavior. Internet based technologies have completely changed the way brand and product
awareness are created. It has also created a new medium to buy goods and services bringing
new opportunities as well as challenges for the existing and new business owners.
Traditional marketing activities through the conventional channels of television, radio, and print
media such as newspaper, magazines etc. normally follow the AIDA (Awareness, Interest,
Decision, Action) process where advertising is generally done to “Push” awareness to arouse
interest, leading to influencing decision and purchase action. However, the internet provides a
medium beyond the AIDA model objectives. It provides a platform to businesses where they can
advertise, provide sales support, exchange information, and interact with customers rather than
just using it as a push marketing medium. In this age of information overload, the user chooses
to see, read, or hear what he/she wants and promptly discard the rest to move on to the next
relevant item.
This distinguishes the Internet as a pull medium as well as a push medium for information
dissemination. In such a scenario, non-relevant online advertisements such as pop-up ads or
banners run the risk of annoying users and losing them forever. Therefore, it’s time for marketers
to rethink their online advertising strategy and strive to develop a more targeted and focused
approach towards their potential customers.
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However, the article also explains how the internet facilitates an individual’s ability to hold
organizations responsible for their actions. The study also proposes strategies for the marketers
to consider when facing the other side of the internet.
The Internet has become the one of the fastest growing platforms
for shopping and it provides the customers and producers a global
shop window to buy and sell products respectively. In this
research paper, the author investigates the impact of the internet
as an alternative marketing and distribution channel for specialty food products from the
perspective of both consumers and producers in the context of Ireland.
After analyzing the data collected from the focused group in-depth interviews and online survey,
the article explains that the internet can be a dominant sales channel for some specialty foods
with certain attributes such as products with gift-oriented packaging, high value goods, mainly
targeting the customers with previous purchasing experience.
For the majority of specialty food producers, the internet as a marketing channel can complement
other marketing channels. The role of the internet in this context may be more important for
managing information and customer relationships than online sales.
6. “IMPROVING CUSTOMER
RELATIONSHIP MANAGEMENT THROUGH
DATABASE/INTERNET MARKETING” BY
(O’LEARY ET AL., 2004)
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Using the empirical data from a large Australian based company, the author explains that the
integration of internet and marketing databases can significantly improve the effectiveness of
the customer relationship management practices by providing the benefits such as improved
consumer data collection accuracy, speedy process, lesser cost, more interaction, and better
relationship with customers.
However, to optimise the impact of the integration of internet and marketing databases, the top
management support, organization culture, and collaboration between IT and marketing teams
needs to be in place to create a supportive environment.
The rapid growth of online computing technology makes it vital for the companies to seriously
consider the internet to avoid losing competitive advantage. This article builds upon the review
of ecommerce the literature in marketing to understand the factors that affect a products
adaptability to online marketing that means utilising the internet as means of sales. The authors
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explain that product availability, customization, logistics and transaction complexity are four
major factors that affect the channels selection choices. The study also explains the significance
of each factor on the success of an organization's online marketing approach.
Among these four characteristics of the products, logistics has the dominant effect of the
selection decision of channels because the digital products have the advantage of using the
internet for both transaction and delivery process. The second dominant characteristic is
potential product customization of the goods and services, followed by the transaction
complexity and product availability.
Quick internet coverage all over the world created new possibilities of
its usage as a new mass media which are more flexible,
dynamic and, what is more important, almost
uncontrollable. And they require approaches and
knowledge which differ from existing ones. So,
companies, which want to be active in the biggest
net and want to influence their target audiences,
have started to develop the direction of internet
marketing.
Results of the research show that a big number of potential consumers with the highest
purchasing power aren’t regular internet users. That is why the offline marketing practices need
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to be observed as a substitute for online marketing. Analysis of most common offline marketing
techniques shows that even progressive companies in the information and communication
technology sector often use such instruments.
Internet marketing, however, uses the power of online networks and interactive media to reach
your marketing objectives, no paper, no telephone calls, no in person appearances. Internet
marketing can save time, money, and resources by providing electronic versions of catalogs,
brochures, white papers, data sheets etc. This information doesn't have to be printed, stored or
shipped to your customers resulting in enormous savings in printing and storage costs. And
about manpower (or lady power) costs, it no longer requires as many people as possible to
handle mailing and distribution of your marketing collateral...more savings.
More information can be provided to customers with little if any additional cost. Adding more
pages to a document online involves virtually no expense compared to the additional cost and
space required to deliver the same thing in print format. You can reach more customers than
ever before, and it doesn't cost a penny more. The difference between traditional and Internet
marketing is money and Internet marketing improves your bottom line.
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Businesses are increasingly using the Internet for commercial activities. The ubiquitous nature
of the Internet and its wide global access has made it an extremely effective mode of
communication between businesses and customers. The growth of Internet technology has
enormously reduced the costs of product and service delivery and extends geographical
boundaries in bringing buyers and sellers together.
This article investigates the usage and perceived effectiveness of various online marketing tools
among Business-to-Consumer (B2C) firms in the context of Singaporean firms. The author
suggests that the main element in the online marketing framework of ‘how to attract the
customers to the organization’s website’ can be achieved by using mnemonic branding such as
having a mnemonic URL or Web address, which is easy and intuitive for customers to find and
remember. For their Web marketing efforts, firms could increase their accessibility by getting
listed in many search engines and portals, which are primary gateways to the Internet.
The other element of the Digital Marketing Framework engaging users to achieve an interaction
or a transaction. For this, firms can make use of creative programming to provide interactive
media as well as content deemed valuable to customers. The next element relates to customer
retention strategies. The results suggest that it is important to keep website sites ‘‘fresh’’ by
continuously renewing content and/or providing dynamic content (e.g., stock quotes and weather
reports) as customers may visit a website and even be engaged once out of curiosity but will not
return there without a reason. In addition, the installation of sufficient security features is crucial
to build up the website’s reputation for reliability.
The last element of the Digital Marketing Framework revolves around providing customized
interactions and delivering value to customers. Relating to users can be in the form of providing
products or services tailored to customers’ wants and providing personalized communications
(e.g., via e-mails) about the products or services of interest to the customers. Providing
customized products and personalized services can instill a feeling of uniqueness in customers.
This feeling of uniqueness helps differentiate the brand from others and increase customers’
involvement with the brand. Hence, firms should carry out a review of their Web objectives and
reallocate both financial and human resources to their online businesses to better align the
resources with their online marketing plans.
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CHAPTER 3
THEORETICAL FRAMEWORK & METHODOLOGY
Over the last decade the use of the internet has grown, and it has now become the most popular
forms of communication. It is also increasingly used as a communication channel by marketers
and as a method of purchasing goods by customers. Today, internet marketing is shaped by the
availability of a broad and wide digital audience. According to research at Smart Insights:
✓ The number of internet users worldwide (as of 2020) has exceeded 4.72 billion.
✓ The number of social media users worldwide (as of 2020) is around 3.96 billion.
✓ The number of mobile phone users worldwide (as of 2020) is around 6.05 billion.
Each of these numbers reflects a distinct rise in usership from previous years. A changing digital
landscape means a change in marketing strategy as well. Additionally, today’s internet marketing
landscape is influenced by the following trends:
Before diving into the framework, first it is important to highlight how internet marketing works.
When we break it all down to the individual pieces, then internet marketing follows a very basic
formula:
In other words, revenue from internet marketing is directly proportional to how many
people visit the website, how many of those people convert into customers, and
how much those customers are worth to the business. Or to put it another
way, there are 3 ways to increase your revenue from internet marketing:
increase the traffic, increase the conversion rate, and/or increase the
customer value.
Also, it’s important to remember that the revenue will be zero if any one
of those 3 variables is zero. That’s just basic math. It doesn’t matter if you drive
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millions of visitors to the website if the conversion rate is zero. The business will still end up with
zero revenue.
Now that you understand this formula, it’s time to introduce the framework, which I call the 4
Pillars of Internet marketing Success. These are the 4 Pillars every business must continually
try to improve to compete online.
E-commerce: a model whereby goods and services are sold directly to consumers (B2C),
businesses (B2B), or from consumer to consumer (C2C) using computers connected to
a network.
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Some of the potential ways in which marketers reach out to the potential customers include the
following:
ONE-TO-ONE APPROACHES
In a one-to-one approach, marketers target a user browsing the Internet alone and so that the
marketers' messages reach the user personally. This approach is used in search marketing, for
which the advertisements are based on search engine keywords entered by the
users. This approach usually works under the pay per click (PPC) method.
NICHE MARKETING
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Niche marketing provides end users of such sites much targeted information
and allows the creators to establish themselves as authorities on the topic or product.
GEO-TARGETING
In Internet marketing, geo targeting, and geo marketing are the methods of determining the geo-
location of a website visitor with geo-location software, and delivering different content to that
visitor based on his or her location, such as latitude and longitude, country, region or state, city,
metro code or zip code, organization, Internet Protocol (IP) address, ISP, and other criteria
1. CUSTOMERS
Online customers must have access to a computer and a method of payment. In general, higher
levels of education, income, and occupation of the head of the household correspond to more
favorable perceptions of non-store shopping.
2. LOGISTICS
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Consumers find a product of interest by visiting the website of the retailer directly or by searching
among alternative vendors using a shopping
search engine.
3. PAYMENT
Online shoppers commonly use a credit card to make payments, however some systems enable
users to create accounts and pay by alternative means, such as:
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Some sites will not accept international credit cards, some require both the purchaser's billing
address and shipping address to be in the same country in which the site does its business, and
still other sites allow customers from anywhere to send gifts anywhere. The financial part of a
transaction might be processed in real time (for example, letting the consumer know their credit
card was declined before they log off), or might be done later as part of the fulfillment process.
4. PRODUCT DELIVERY
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Will call, COBO (in Care of Box Office), or "at the door" pickup: The patron picks up pre-
purchased tickets for an event, such as a play, sporting event, or concert, either just before the
event or in advance. With the onset of the Internet and e-commerce sites, which allow customers
to buy tickets online, the popularity of this service has increased.
Commercial systems can also be tailored to one's needs, so the shop does not have to be
created from scratch. By using a pre-existing framework, software modules for various
functionalities required by a web shop can be adapted and combined.
6. ONLINE MARKETING
Like many online auction websites, many websites allow small businesses to create and
maintain online shops (ecommerce online marketing carts), without the complexity that involved
in purchasing and developing an expensive standalone ecommerce software solution
7. DESIGN
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8. INFORMATION LOAD
Two major dimensions of information load are complexity and novelty. Complexity refers to the
number of different elements or features of a site, often the result of increased information
diversity. Novelty involves the unexpected, suppressed, new, or unfamiliar aspects of the site.
The novelty dimension may keep consumers exploring a shopping site, whereas the complexity
dimension may induce impulse purchases.
A successful web store is not just a good-looking website with dynamic technical features, listed
in many search engines, but moreover it should also know how to build customer relationship
and making money while meeting demands of the customers whose taste is very tough to catch.
Businesses often attempt to adopt online marketing techniques without understanding them
and/or without a sound business model, producing web stores that support the organizations'
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culture and brand name without satisfying consumer's expectations. User-centered design is
critical. Understanding the customer's wants and needs and living up to promises gives the
customer a reason to come back and meeting their expectations gives them a reason to stay. It
is important that the website communicates to the customer that the company cares about them.
Customer needs and expectations are not the same for all customers. Age, gender, experience,
culture are all important factors. For example, Japanese cultural norms may lead users there to
feel privacy is especially critical on shopping sites and emotional involvement is highly important
on financial pensions sites. Users with more online experience focus more on the variables that
directly influence the task, while novice users focus on understanding the information.
To increase online purchases, businesses must expend significant time and money to define,
design, develop, test, implement, and maintain the web store. It is easier to lose a customer then
to gain one and even "top-rated" sites will not succeed if the organization fails to practice
common etiquette such as returning emails in a timely fashion, notifying customers of problems,
being honest, and being good stewards of the customers' data. [ Because it is important to
eliminate mistakes and be more appealing to online shoppers, much web shop designers study
research on consumer expectations.
E-commerce B2C product sales totaled $142.5 billion, representing about 8% of retail product
sales in the United States. The $26 billion worth of clothes sold online represented about 13%
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of the domestic market, and with 72% of women looking online for apparel, it has become one
of the most popular cross-shopping categories. Forrester Research estimates that the United
States online retail industry will be worth $279 billion in 2015.
12. CONVENIENCE
Online stores are usually available 24 hours a day, and many consumers have Internet access
both at work and at home. Other establishments such as internet cafes and schools provide
access as well. A visit to a conventional retail store requires travel and must take place during
business hours.
In the event of a problem with the item it is not what the consumer ordered, or it
is not what they expected consumers are concerned with the ease with which
they can return an item for the correct one or for a refund. Consumers may
need to contact the retailer, visit the post office, and pay return shipping,
and then wait for a replacement or refund. Some online companies have
more generous return policies to compensate for the traditional advantage
of physical stores.
For example, the online shoe retailer Zappos.com includes labels for free return shipping, and
does not charge a restocking fee, even for returns which are not the result of merchant error.
(Note: In the United Kingdom, online shops are prohibited from charging a restocking fee if the
consumer cancels their order in accordance with the Consumer Protection (Distance Selling)
Act 2000).
Online stores must describe products for sale with text, photos, and multimedia files, whereas in
a physical retail store, the actual product and the manufacturer's packaging will be available for
direct inspection (which might involve a test drive, fitting, or other experimentation).
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Some online stores provide or link to supplemental product information, such as instructions,
safety procedures, demonstrations, or manufacturer specifications. Some provide background
information, advice, or how-to guides designed to help consumers decide which product to buy.
Some stores even allow customers to comment or rate their items. There are also dedicated
review sites that host user reviews for different products. Reviews and now blogs
give customers the option of shopping cheaper org anise purchases from all over
the world without having to depend on local retailers.
One advantage of shopping online is being able to quickly seek out deals for items or services
with many different vendors (though some local search engines do exist to help consumers
locate products for sale in nearby stores). Search engines, online price comparison services and
discovery shopping engines can be used to look up sellers of a particular product or service.
Shipping costs (if applicable) reduce the price advantage of online merchandise, though
depending on the jurisdiction, a lack of sales tax may compensate for this.
Shipping a small number of items, especially from another country, is much more expensive
than making the larger shipments bricks-and-mortar retailer’s order. Some retailers (especially
those selling small, high-value items like electronics) offer
free shipping on sufficiently large orders. Another major
advantage for retailers is the ability to rapidly switch
suppliers and vendors without disrupting users' shopping
experience.
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startups and unicorns are hitting all time high including Grocery from Grofers, Fresh vegetables
from Amazon Fresh, Big Bazaar, Big Basket. These all platforms have been very supportive to
mission of Digital India and very soon rural community engagement would happen.
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Chapter 4
Opportunities & Challenges of Internet marketing
Regardless of size and type of industry, internet marketing offers companies of all stripes an
affordable and efficient way to acquire leads than traditional marketing methods. Internet
marketing provides a business of any size entrance to the global marketplace at a minimal price,
and unlike TV or print media promotion, it allows customized promotion of content (Kaplan &
Haenlein, 2010). With internet marketing, a business can easily track the results of a marketing
advertisement such as the number of clicks, likes, shares, queries, and conversion. These
quantitative performance metrics provide valuable insights, enabling the company to make
informed decisions about its business.
Further, unlike the traditional ways of marketing, where an alternation cannot be made to a flyer
or billboard once it was up, internet marketing allows business to modify and improve the
promotional messages as it goes. This means a business can make changes as needed to
generate the best possible results. Below are some of the reasons why any company needs to
invest in internet marketing to promote its services and products.
I. COST EFFECTIVENESS:
Compared to traditional marketing techniques which are very resource consuming, internet
marketing is clearly cost-effective due to cheap internet plans. An appropriately arranged and
efficiently targeted Internet marketing advertisement can reach the correct set of audiences at a
significantly minimal cost than traditional marketing techniques.
For example, the cost of launching an advertisement online is far cheaper than placing an
advertisement in a newspaper/magazine or on a billboard as it requires audience management
along with marketing plan and reservation costs. In internet marketing, the use of content and
social media in creating an internet presence is very less and no cost is incurred on rent of
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physical property and maintenance of the property. Thus, the cost of establishing an online
presence, networking with other organizations, and communicating & interacting with customers
is significantly low making startups align to enable digital presence. Consequently, internet
marketing facilitates businesses to save their resources to deploy it mindfully on other business
activities.
One of the main benefits of internet marketing is associated with its empowering effect on smaller
companies. As Dholekia and Kshetri, (2004) states “internet can extend market reach and
operational efficiency of small and medium enterprises (SMEs)”. In particular, the internet
creates a type of democratized business environment in which marketing has been reformed in
such a way that now even small companies/ startups/ MSME have equal opportunity to promote
their goods and services on a global scale (Tapp, 2008).
Therefore, it can be stated that the “internet has created unprecedented opportunities for small
businesses to engage in national and international marketing campaigns which could have been
unaffordable due to the huge number of resources required” (Poon and Jevons, 1997; Jobber,
2001). Blogging, Email Marketing, Social media marketing, Search engine optimization,
launching websites, etc are some of the easily affordable internet marketing channels that give
small companies an ability to compete and survive. Nowadays we see all startups have their
digital presence and during Covid many supply chain startups have revamped digital platform
using various analytical tools and complete dashboard to manage entire value chain.
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process of selling and buying. Because of the significant cost associated with traditional media,
only huge corporations were able to create global reach. However, the introduction of cost-
effective internet-based technologies has enabled small businesses to enjoy international reach.
The elimination of the geographical barriers has facilitated the producers to present the goods
and services to a different set of customers worldwide, considering they have access to the
internet. This allows the markets to discover new marketplaces with only a small investment
IV. CONVENIENCE:
Internet marketing has facilitated the companies to provide 24*7 customer services without
thinking about the opening and closing time of the physical retail
store. Even when a business’s office/store is not open, a
potential customer can find out about the business’s
goods and products through their website. The Internet
has made it very easy and convenient for the
customers to browse the online store at any time of
the day or night, from any place in the world, and
place their order at their own convenient time from
the comfort of their home, with the only condition that
they have internet connectivity.
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and services in any part of the world without setting up a physical outlet over there. Therefore,
the range of target markets becomes very wide for the companies. Nevertheless, if a company
wants to sell a good or service globally, they have to ensure that the product is suitable for the
local markets, and it also fulfills the local business rules and
regulations. Localization of the goods and services might
include the language translation of the description about
the product, modification in the product to reflect the
characteristics of the local market, etc.
VIII. PERSONALIZATION:
Personalization signifies the customization of goods and services in accordance with the
preference of the customers. Karavdic and Gregory (2005) states that "Since electronic
interaction with customers allows the gathering of detailed information on the needs
of each individual customer, firms can automatically tailor products and services
to those individual needs".
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By creating a profile of the customer’s needs and preferences based on their purchasing history,
internet marketing enables a company to provide trailered offering whenever a customer visits
the business’s website. A business can do this by tracking the product information and web
pages the customer visits which reflect their interests and make a targeted offer accordingly.
Also, based on users' needs, demands, inclinations, and preferences data, the business can
customize their website for the target audience which will increase the interaction and create a
“Sense of intimacy” between the businesses and customers. Therefore, customization and
personalization are perceived as major advantages of internet marketing.
Customers can get timely information on the internet due to its 24*7 availability. Companies can
provide their customers a 24*7 online platform to browse and purchase the product they want
using internet marketing, which is not possible in the case of a physical outlet where the shopping
can only be done during working hours. The time constraints of physical outlets affect the lifestyle
and schedule of working customers.
Customers can also surf the online shops at night and can go shopping in the physical outlet in
the daytime or they can look for products in the physical outlet and search the online store for
competitive pricing. Also, online shopping is more convenient for the customers as it can be
done any time of the day or night from the comfort of their homes at competitive pricing. A lot of
time and energy is saved this way.
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If a business has its own website, customers can easily complete their
purchase with only a few clicks. Unlike other traditional media, internet
marketing creates a smooth experience for the customers, not requiring the
customers to make a phone call or go to a physical shop.
XII. TRACKABILITY:
Another important asset of internet marketing is its ability to track everything that takes place on
it. For example, the number of visits in an hour on a particular blog post, number of clicks on any
online ads, or amount of website traffic, all of these are easily measurable in internet marketing.
These types of measures allow the business to find out if a particular marketing ad is effective
or not, what segment of customers are interested in that product, and from where? Earlier,
businesses were not able to provide exact statistics for their marketing campaigns, but Internet
marketing provides exact measuring statistics easily and
inexpensively.
Using internet marketing, a business can create dynamic campaigns using visuals, graphics,
music, and videos. A business and organize a game contest for their potential customers to
increase their interaction with them.
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Globally, around 33% of the transactions are happening in the online marketplace and internet
marketing significantly decreases the prices of the products/services because the producers do
not have to invest much in internet marketing now, making it a win- win situation for both
customers as well as producers.
Since the late-1990s, with the boom in the use of the internet by companies to interact and
communicate with customers, a lot of businesses have started to move online every day. With
the ever-increasing range and capabilities of the internet, new opportunities for progress are
arriving every day. However, for all these rewards, internet marketing faces some problems
unique to businesses. In this project, we have looked at some of those problems faced by the
companies and their possible solutions.
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A business can overcome this problem by taking a holistic approach that coordinates the various
traditional and online marketing approaches as a part of an integrated structure. Thus,
synchronizing all marketing efforts must be a priority of marketers. Like offline marketing, all
aspects of internet marketing are inextricably linked and, in many cases, interdependent. So,
none of the elements of marketing should be handled in isolation.
With internet marketing, security is an ever- growing concern among customers. Many people
do not completely trust online companies, and thus, they feel hesitation when putting personal
information on the internet or shopping for things online.
It becomes especially correct when the data from these companies are exposed by hackers and
scammers. To address this concern, the internet-based business should implement a solid
strategy and state of art security instruments. Encryption technique is an instrument that internet
businesses should seriously consider investing in to address the security concern of the
customers.
Sometimes this can be perceived as too impersonal by many customers as the experience of
talking to store personnel in a face-to-face manner while shopping in the physical store is absent
in online shopping. To address this issue, the producers must build an efficient checkout
procedure for selling goods via the Web.
Businesses can also consider having call handling services so that customers can talk to real
people when they have any query, or they need immediate assistance.
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Closely linked to the issue of security and privacy concerns, the problem of lack of trust on the
part of customers has been acknowledged as a great challenge on the way of internet marketing
growth. And this is the main reason why "online trust is growing in importance as a topic of study
and its influence on internet marketing strategies is increasing"(Urban et al., 2009).
Despite the significant increase in online shopping all over the world, many people still do not
trust online payment methods. They feel doubtful whether the purchased goods will be delivered
to them or not.
The prevalence of online fraud cases has also created a negative and doubtful feeling among
the customers toward online shopping and transactions. Businesses need to work on building
up trust among the customers and convince them that online transactions are as real and honest
as offline ones.
It's an ongoing long process of building trust and unless this trust has not been built, businesses
cannot take full advantage of the potential of internet marketing. Therefore, it’s extremely
important for marketers to understand the reality of online space.
Another major challenge for companies to sell their goods online. The reason for this problem is
that unlike the traditional advertising techniques (such as magazines, radio, TV, billboard, press,
etc.) where the promotional messages can be repeatedly presented in front of the customers at
the producer’s will, online advertisements
can be closed off by internet customers.
Therefore, businesses must be more
creative and advanced in their promotional
messages.
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Increase in cybercrime.
The low proportion of computer diffusion
Continuous education and training of marketers about changing marketing techniques.
The risk of bad marketing is also present in poorly created and executed marketing
campaigns, degrading the profession, and creating mistrust among the customers and
businesses.
Risk of losing intellectual assets: In today’s internet era, it’s easy to steal someone else's
hard work. Every day everything from music to software, movies, and images are lifted
from the Internet.
Spam is another challenge with Internet marketing. Many online products are complete
scams or are promoted with deception making it difficult for the customers to know which
offer has true values.
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CHAPTER 5
CONCLUSION
Current pandemic situation caused by Covid-19 has completely compromised the business
which were run traditionally. Pre-covid everyone was running to disrupt the supply chain
physically but post-covid sitting at home, its being a lesson to all of us that with time digital
presence can only make the difference.
Internet marketing has revolutionized every aspect of business in vital ways. Internet marketing
includes all things that involve the internet and electronic devices to support the purpose of
increasing the customer base and providing support services to existing customers to develop
and nurture the company's relationship with its customers. When used efficiently and effectively,
internet marketing advertisements can quickly reach a broad set of customers with very minimal
cost. Even Facebook marketing are very cheap to boost ads and manage complete portfolio.
Over the years, businesses of all sizes and types have started to take advantage of online
channels like social media, blog posting, email, and other websites, search engines, etc. for
various reasons. The most common objective of investing in internet marketing was to create
brand awareness, increase customer engagement, boost sales and profits, and connect with
their current and future potential customers. Internet marketing also enables businesses to
collect information about potential customers that were not easily attainable with the traditional
techniques of marketing.
However, despite the global reach, minimal cost, quick process, and amount of information that
can be gathered from internet marketing, there are some major challenges of this type of
marketing that businesses need to acknowledge. The skill-driven technique of internet marketing
leaves some companies helpless or excessively dependent on third parties for marketing
services. It also empowers the customers to a far greater level than ever before, and it might
result in bad word of mouth because of frustrated customer's remarks affecting the brand image
greatly. However, even with these difficulties, on the whole, the impact of internet marketing
upon companies' growth has been mainly constructive.
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With the introduction of different types of internet marketing, this project has also shed light upon
the advantages and challenges of internet marketing. The major type of internet marketing
includes email marketing, online advertising, search engine marketing, Search Engine
Optimization, Pay-Per-Click, Content Marketing, Viral Marketing, Influencer Marketing, Affiliated
Marketing, Referral Marketing, Display Advertising, Social Media Marketing, etc.
For a business, the objective is to find the best way of internet marketing which results in a
maximum two-way interaction between producers and customers resulting in better ROI for the
business.
The major advantages of internet marketing have been its empowering effect, cost-
effectiveness, elimination of geographic barriers, one-to-one interaction, better customer
relationship, 24 hours / seven days availability, personalization, increased website traffic,
trackability, and improved customer knowledge.
However, implementation of Internet marketing also involves some real challenges, for instance,
integration of marketing activities, personalization, risk of bad marketing, lack of face- to-face
contact, security and privacy concern, trust issue, increase in cybercrime, etc. Unless companies
do not take these dual characteristics of the internet into consideration, internet marketing cannot
be used to its full advantage. An internet marketing framework taking these insights into
consideration would guarantee the business its financial objectives.
The modern market has transferred to the online world where companies can now reach
customers worldwide, using different forms of internet marketing. Not only does this increase the
potential market and the number of potential customers, but it also provides companies with the
chances of establishing a position in the global market and thus reaching for greater success
and achievement of long-term goals.
For businesses and entrepreneurs/ startups who want to stay on top of the freshest and most
attractive deals and sales going on in the world, internet marketing is a necessity, not a choice.
This method of marketing has lifted the business domain to new heights. The limitations of
internet marketing are few, while the advantages are sure to boost any business up towards the
most fantastic and profitable opportunities.
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Although, the sustainability of internet marketing directly depends on the marketing innovations
and creativity by the marketers to adjust to the changes in the marketplace. Due to the increased
use of digital payments and easy access to data mining and marketing analytics, online
marketing has witnessed promising growth. Further, price- conscious customers prefer online
shopping more as companies offer their products and services at discounted prices in
comparison to their retail stores.
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At the end I could say one quote very right said by Bill Gates –
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CHAPTER 6
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