What does ONLINE MARKETING mean ? Online marketing refers to a set of powerful tools and methodologies used for promoting products and services through the internet. Online marketing includes a wider range of marketing elements than traditional business marketing due to the extra channels and marketing mechanisms available on the internet. Benefitsof Benefits ofonline onlinemarketing marketing Online marketing can deliver benefits such as:- Growth in potential Reduced expenses Elegant communication Better control Improved customer services Competitive advantage Online marketing is also known as Internet marketing ,web marketing ,digital marketing and search engine marketing(SEM). ADVANTAGES ADVANTAGESOF OFONLINE ONLINEMARKETING MARKETING 1. Low costs : Large audiences are reachable at a fraction of tradition of advertising budgets, allowing business to create appealing consumer ads. 2. Flexibility and convenience : Consumers may research and purchase products and services at their leisure. 3. Analytics: Efficient statistical results are facilitated without extra costs. 4. Multiple options : Advertising tools include pay-per- click advertising, email marketing and local search integration. 5. Demographic targeting : Consumers can be demographically targeted much more effectively in an online rather than an offline process. LIMITATION OF ONINE MARKETING
The main limitation of online marketing
is where goods are being sold, the lack of tangibility means that consumers are unable to try out,, or try on items they might wish to purchase . Generous return policies are the main way to circumvent such buyer apprehensive. Online marketing has outsold traditional advertising in recent years and continues to be a high-growth industry. WEB WEBSITES SITES Companies must design Web sites that embody or express their purpose ,history ,products , and Vision and that are attractive on first viewing and interesting enough repeat visits. Visitors will judge a site’s performance o ease of use and physical attractiveness. Ease of use means : The site downloads quickly. The first page is easy to understand and ,it is easy to navigate to other pages that open quickly. Physical attractiveness is ensured when: Individual pages are clean and not crammed content , typefaces and font sizes are very readable and, the size makes good use of color. Search ads An important component of online marketing is paid search or pay-per-click ads. Thirty-five percent of all searches are reportedly for products or services. In paid search , marketers bid in a continuous auction on search terms that serve as a proxy for the consumer’s product or consumption interests. When a consumer searches for any of the words with Google , Yahoo!, the marketer’s ad may appear above or next to the results depending on the amount the company bids and a algorithm the search engines use to determine an ad’s relevance to a particular search. SEARCH SEARCH ENGINE ENGINE OPTIMIZATION OPTIMIZATION Search engine optimization (SEM) describes activities designed to improve the likelihood that a link for a brand is as high as possible in the rank order of all nonpaid links when consumers search for relevant terms. SEO is a crucial part of marketing given the large amount of money marketers are spending on search. Consumers are also influenced by the online opinions and recommendation of other consumer . The informal social networks that arise among consumers complement the product networks set up by the company. DISPLAY ADS Display ads or banner ads are small , rectangular Boxes containing text and perhaps a picture that companies pay to place on relevant web sites. The larger audience , the higher the cost . In the early days of the Internet , viewers Clicked on 2 % to 3%of the banner ads they saw, but as noted previously, that percentage has quickly plummeted , and advertisers have explored other forms of communication . Interstitials are advertisements, often with video or animation ,that pop up between page changes within in a web site or across web sites. E-MAIL
E-mail allows marketers to inform and
communicate with customers at a fraction of the cost of a d- mail, or direct mail , campaign. E-mail can be productive selling tools. The rate at which they prompt purchase has been estimated to be at least three times that of social medias ads, and the average order value is thought to be 17 % higher. Consumers are besieged by e-mails, though, and many employ spam filters to halt the flow.