Professional Documents
Culture Documents
HW 21497
HW 21497
HW 21497
Marketing
1.1. Marketing Process
2. Introduction to Digital Marketing
2.1. Definition Digital Marketing
2.2. History and Evolution of Digital Marketing
3. Traditional Marketing and Digital Marketing
3.1. Definition Traditional Marketing
3.2. Benefits of Traditional Marketing
3.3. Disadvantages of Traditional Marketing
3.4. Digital and Traditional Marketing in Organization
3.5. Comparison of Traditional Marketing and Digital Marketing
4. Benefits of Digital Marketing
5. Digital Marketing Objectives
6. Types of Digital Marketing Approaches – Pull and Push Digital Marketing
6.1. Inbound Marketing
6.2. Features of Inbound Marketing
6.3. Outbound Marketing
6.4. Features of Outbound Marketing
6.5. Inbound vs. Outbound Marketing
Marketing
The buying and selling of a product or a service is called Marketing. Marketing is the process
of creating, communicating, delivering, and exchanging products to customers and clients. The
aim of the people working in the company’s marketing departments is to get the attention of
the target audiences and to ensure profitability.
Marketing strategies of a company are enhanced using slogans, packaging design, celebrity
endorsements, and general media exposure having value for customers, clients, partners, and
society at large.
Everything a company does to gain customers and maintain relationships with them is referred
to as Marketing.
Marketing Process
The Marketing process is a never-ending series of actions and reactions between the customers
and the companies that create value to meet their needs. It includes situation examination,
identifying opportunities, strategy formulations, plan execution, and result monitoring.
Situational Analysis:
Situational analysis is done to identify the marketing problems and getting solutions to them in
order to satisfy unfulfilled customer needs.
Marketing Strategy
After identifying the problems and needs of customers, a strategic plan is developed. The best
available option is chosen to develop the strategy from it.
Marketing Mix
This step includes Product Development, Pricing, Distribution, and Promotion made for the
parameters of the marketing mix.
Implementation and Control
The selected marketing plan is executed and its outputs are monitored to adjust the marketing
mix as per the market changes.
Introduction to Digital Marketing
Digital Marketing is a modern form of marketing. It uses internet, digital technologies, digital
platforms and devises such as computers, laptops, mobiles, and tablets. It is used to promote,
help and support –products, brands and services to the consumers. The progress in the area of
Digital Marketing has changed the manner brands use technology for marketing.
The Digital Marketing makes use of the online channels and means, to help the businesses
observe and study their marketing campaigns. The Digital Marketing gives ‘real time’ results,
which helps the businesses to understand and explore its success and failure.
Digital technologies and digital platforms are fast growing. We see them increasing day by
dayin the marketing strategies and the everyday life of the consumers. Therefore, consumers
today are now well aware of the digital devices such as computers, mobiles, tablets etc. For
example, ifa person wants to buy a good laptop, he/she can find and read all the information
regarding its features, purchase and price. He/she can search for it online and purchase it on
Amazon or Flipkart. He can also contact the available brands on their respective website or
social media handles, instead of physically visiting the markets and shops for it.
The Digital Marketing campaigns have become well-known in the recent years. These
campaigns use the following strategies namely, Search Engine Optimization (SEO),Pay-Per-
Click, Search Engine Marketing (SEM), Influencer Marketing, Content Marketing, Content
Automation, Campaign Marketing, Data-Driven Marketing, E-Mail, Social Media Marketing,
E- Commerce Marketing, Direct Marketing and Social Media Optimization. We shall
understand and discuss these strategies in detail in the later part of this chapter. Non-internet
based channels for example - TV, Mobiles (MMS and SMS), cold calls, and on-hold mobile
hello-tunes and ringtones are all a part of Digital Marketing.
Definitions
Digital marketing can be simply defined as:
Achieving marketing objectives through applying digital media, data and
technology.
Digital Marketing encompasses all marketing efforts that promote your product or brand
using electronic devices or the internet. It leverages online marketing tactics like search
marketing, email marketing, social media marketing, and mobile marketing to connect
• In 2000, the ‘Smarter Insights’ (a publisher and an online learning platform), defined
Digital Marketing as - ‘Achieving marketing objectives through applying digital
technologies’. That is to say Smarter Insights stressed on the use of digital technologies
by companies to help them realize their Marketing objectives.
• Kotler and Armstrong, well-known marketing gurus defined Digital Marketing in 2009
as – ‘A form of direct marketing which links consumers with sellers electronically using
interactive technologies like emails, websites, online forums and newsgroups,
interactive television, mobile communications etcetera’. Kotler and Armstrong stated
and explained that digital marketing directly connects the customers with the sellers, by
using electronic devisesfor communication.
• In 2011 Bains et al. defined Digital Marketing as - ‘It facilitates many-to-many
communications due to its high level of connectivity and is usually executed to promote
products or services in a timely, relevant, personal and cost-effective manner’. This
definition highlights the ability of digital marketing to connect, communicate and
promote to multiple people in a personalized manner at a reasonable cost.
• Chaffey, 2012 defines Digital Marketing as – ‘The application of the Internet and related
digital technologies in conjunction with traditional communications to achieve
marketing objectives’. This definition emphasizes on the application of a combination
of digital technologies and the existing traditional marketing methods to effectively
succeed in business.
• The Chartered Institute of Marketing in 2015, defined Digital Marketing as – ‘the
management process responsible for identifying, anticipating and satisfying customer
requirements profitably’. The definition refers to Digital Marketing as a management
process which successfully helps in satisfying the customers by identifying their
expectations.
• Kingsnorth, 2016 defined Digital marketing as – ‘basically applying all marketing
techniquesto digital channels. Different sources can be used to promote services and
products like SMS,search engines, email, websites, social media and mobile devices.
The digital nature of this marketing method makes it a cost-effective means of
promoting one’s business’. The definition clearly emphasizes on Digital Marketing as
a cost – effective way of marketing a business with the help of websites, SMSs, emails,
social media and Search Engine Marketing.
• The American Association of Marketing defines Digital marketing as – ‘the use of
digital or social channels to promote a brand or reach consumers. This kind of marketing
can be executed on the internet, social media, search engines, mobile devices and other
channels.’ The definition recognizes the use of internet, search engines, social media,
mobiles and other digital channels to promote brands among the consumers.
History and Evolution of Digital Marketing
• History of Digital marketing started in 1900 when the Archive query forum (Search
Engine) started. And through this first digital marketing began in the world.
• In 1993 first clickable web ads and banner ads were introduced.
• In 1994 digital marketing changed when yahoo launched. And first, e-transaction was
introduced.
• In 1996 there were many alternative search engines were introduced in the market.
For example, Alexa, chatbot, and look smart.
• The first social Network was founded in 1997, which name is sixdegree.com. And
search engine optimization was introduced in the same year.
• 1998 was the crucial year for digital marketing because Google and MSN (The
Microsoft Network) were introduced.
• Google launched its google Adward in 2000. And now this is ruling the internet.
• In 2001 mobile marketing and mobile campaign were first started. And that name is
universal music.
• In 2002 LinkedIn was launched, which is very popular now.
• In 2003 WordPress was launched, which later revolutionized the website industry.
And the same year, myspace.com was launched.
• Gmail and Facebook were launched in 2004. And this year, Google has open to the
public.
• In 2005 YouTube was launched, which you see is the largest video content provider
in the world.
• In 2006, 6 billion searches done in 1 month. And then marketers start realizing the
strength of digital marketing.
• In 2007 Tumblr was started, which is a microblogging platform. And Hulu web
streaming platform started. And also UI/UX introduce through iPhone. So that it
changes the user experience of the world.
• In 2008 china moved ahead of the USA in terms of internet users. And this year,
Spotify and Groupon were launched.
• Google introduced real-time searching in 2009, which gives results in real-time.
• 2010 is a critical time for social media like WhatsApp, Instagram, and Google Buzz.
• In 2011 google panda was launched, which revolutionized content marketing
and content writing. And this year web users number increases than T.V. users.
• In 2012, the social media budget increased by 64%. And first time google knowledge
graph launch.
• In 2013 Yahoo acquired Tumblr. And E-commerce website amazon has spread all
over the world.
• In 2014 Mobile users increased than P.C. users. This means people prefer mobile
devices than P.C. and Laptops.
• In 2015 Snapchat launches its Discover feature. And most companies launch their
analytics tool.
• In 2016, data-driven content marketing was started. And people first analyze the data,
and then they create the content.
• In 2018 most of the companies focus on Machine Learning and Artificial Intelligence.
And started focusing on customer behavior.
• Influence marketing has started. Marketers create funnels, and then they sell their
products and services from influencing.
• In 2019-21 most of the people focus on Voice Searches. For example, you will see
content is more optimized for voice searches.
TRADITIONAL MARKETING
Marketing, before the digital era, meant popularizing the products by using various available
methods such as radio, newspapers, magazines, print advertisements, word of mouth etc. With
the advent of online marketing, it has been bifurcated into Traditional Marketing and Digital
Marketing. Traditional marketing refers to any type of promotion, advertising or campaign that
has been in use by companies for years, and that has a proven success rate. Methods of
traditional marketing can include print advertisements, billboards, flyers or pamphlets, TV,
newspaper, radio, etc. 8 Digital Marketing History can be traced to learn about the methods
adopted in traditional marketing. Ancient Egyptians used papyrus to make posters to sell
products and promote candidates, but the methods that bear closer resemblance to those
recognized today were spawned by the Industrial Revolution, which lasted from the mid-19th
century to the early 20th century in the United States. By the 1940s, “the goal of any company
was to persuade the consumers to buy their products and services and also to convince them in
believing that their products were superior to products offered by other companies. It is a
conventional mode of marketing that helps to reach out to a semitargeted audience with various
offline advertising and promotional methods.
Forms of Traditional Marketing
Traditional marketing is a type of marketing that is hard to ignore. It includes the traditional ads
one encounters on a daily basis. Many of the common and most tried offline marketing tactics
come under the following major categories
• Print (magazines, newspapers, etc.)
• Direct Mail (catalogues, postcards, etc.)
• Broadcast (TV, radio, etc.)
• Telephone (telemarketing, SMS marketing, etc.)
• Outdoor (billboards, fliers, etc.)
• Referral (Word of mouth)
• Print: This form of marketing technique refers to the use of newspapers and magazines
to reach out to customers. Print marketing is used both in mass marketing as well as
specific marketing or niche marketing. Through printed advertisements, wide variety of
prospective customers can be reached who may be interested in the product.
Advertisements in magazines cater to a specified segment such as women, teens etc.
• Direct Mail: Advertising of the product is also done through postcards, brochures,
letters and fliers through direct mail. This form is a targeted or specified marketing
strategy as details about the product are sent to specific category of customers. This
form of strategy can be expensive as the firm needs to keep a separate budget for
designing and printing of brochures.
• Broadcast: The two widely used and very popular forms of traditional marketing are
television and radio. However, advanced the world may become but people still like to
switch on their radios, while driving or relaxing to get the latest updates. The interesting
advertisements on radio still catch the attention of people and they became interested in
knowing more about the product. Television is yet another, very popular form of
marketing, the advertisements shown have a visual effect on the minds of people, they
also bring authenticity to a product especially when it is shown to be used and liked by
their popular actors. Television and radio both reach a large segment of society.
Messages broadcast through radio have a shorter lifespan vis-avis television. Both these
forms are costlier when compared to other forms of marketing.
• Telemarketing: Telemarketing is the process of using the telephone to generate leads,
make sales, or gather marketing information. Telemarketing can be a particularly
valuable tool for small businesses, in that it saves time and money as compared with
personal selling, but offers many of the same benefits in terms of direct contact with the
customers.
• Outdoor (Billboards, fliers etc.): Outdoor marketing refers to advertising campaigns
that employ outdoor media such as billboards, transit vehicles and other types of outdoor
signs, including the signs on the outside of businesses. It also includes efforts to promote
the company’s products on its own vehicle fleet, even if the effort is limited to brand
displays. Outdoor marketing that uses several different media is usually coordinated for
maximum impact and is targeted to display in areas where the target audience is located.
• Referral: Referral marketing, also known as ‘word of mouth’ marketing, relies on
customers to spread information about products or services. Referral is not a strategic
or planned marketing activity, but it might help a business build a loyal client base. It
also costs close to nothing for the business. However, a business shouldn’t rely primarily
on referral marketing; it should combine this with the other types of marketing to reach
a wider target market.
Benefits of Traditional Marketing
• Traditional Marketing helps to target the local audience. For example, a radio ad is
limited to one location in your city or region while mailbox flyers will go to households
in a select number of suburbs.
• A copy of Material can be kept. The audience can keep the hard copy of materials
which they can read or browse through over and over again.
• It’s easy to understand. One can easily understand it as they are already exposed to
this kind of strategy.
• It provides limited interaction between the medium used and the customers. It
focuses more on providing information to the public that the brand itself with the hope
that the public will help to patronize the brand.
• Print or radio advertisements costs are very high. Printing materials are expensive
and one needs to hire people to distribute these.
• Results are not easy to measure. Based on these marketing strategies, it is not easy to
decide whether the campaign was successful or not?
Digital Media platform offers large number of marketing options with plenty of user base
suitable for all kinds of marketing needs of Business, Professionals, or an Individual.
All the above-mentioned benefits of Digital Marketing make it more powerful & unique.
Every Business must prioritize their Digital Marketing goals as per their business category
using Digital Marketing campaigns.
1. Qualified Leads
Generating Qualified leads using digital marketing campaigns are used by businesses dealing
in high involvement or non-standardized product categories. The Sales team of these
organizations with such business categories always looks for qualified leads. The more the
number of leads the higher the number of sales.
Such business categories cannot have more chances of Online product sales if the lead
generation is low. Once you generate the leads through Digital Marketing channels, they can
be pursued and converted offline/online after analysing the customer buying behavior of a
product.
Usually for the product categories with High-value, generating Qualified leads is very
important. This is also referred as Lead Generation focused by the majority of B2B campaigns.
For example sectors like Real Estate, Automobile, Commercial Generators, Industrial
Engineering Equipment etc.
2. Online Sales
Online sales is referred more by businesses dealing in low involvement or standardized product
categories using digital marketing campaigns. This technique doesn't require a Lead Generation
process. Usually, the target customers purchase product online because the product price is low
as compared to offline purchase or they are sure about the product they want to purchase.
These type of Business/product categories are also called as E-commerce categories used by
many B2C organizations like the E-commerce sector. Generation of Online Sales is the
ultimate goal of Digital Marketing campaigns promoting such product categories online for
example Grocery, Gift, decorative items, edible items, Electronic Devices etc.
3. Monetization
The need for Content creation and publishing is increasing on the internet. The Digital
Consumers hunt online to meet their ongoing content needs. Their need for content is fulfilled
by content creators available online. Their primary offering is Content creation and publishing
which means content is the sole product which they can offer to the consumers. In return,
content creators and publishers need revenue to keep their business on. So, for them
Monetization is their primary Digital Marketing Goal.
Content creators promote their Website, Blog, channels etc in order to generate and monetize
more traffic through sources like ads, paid promotion and various other monetizing options
available. For example, VegRecipesofIndia Blog, Nisha Madhulika Youtube Channel etc.
4. Positive Branding
Positive Branding is a common goal for everyone organization. Before buying any product or
service online customers usually prefer product reviews and opinions on the internet. The
reviews could be both positive and negative. Therefore, you need to manage your Brand
image by closely monitoring the discussion about your brand on the internet. A perfect Digital
Marketing campaign makes sure that your brand is positively perceived and remembered by
the customers.