Internet marketing involves marketing products and services over the internet. It requires an effective online strategy to compete in today's business environment. Some key principles of internet marketing include intuitive navigation, easy access to goods/services, customization, and business-to-business focus. Benefits of internet marketing include reduced costs, global reach, competitive advantage, improved decision making, and increased customer satisfaction. Companies should adopt internet marketing now to gain first mover advantage and remain competitive against other businesses that are also utilizing online strategies.
Internet marketing involves marketing products and services over the internet. It requires an effective online strategy to compete in today's business environment. Some key principles of internet marketing include intuitive navigation, easy access to goods/services, customization, and business-to-business focus. Benefits of internet marketing include reduced costs, global reach, competitive advantage, improved decision making, and increased customer satisfaction. Companies should adopt internet marketing now to gain first mover advantage and remain competitive against other businesses that are also utilizing online strategies.
Internet marketing involves marketing products and services over the internet. It requires an effective online strategy to compete in today's business environment. Some key principles of internet marketing include intuitive navigation, easy access to goods/services, customization, and business-to-business focus. Benefits of internet marketing include reduced costs, global reach, competitive advantage, improved decision making, and increased customer satisfaction. Companies should adopt internet marketing now to gain first mover advantage and remain competitive against other businesses that are also utilizing online strategies.
Internet marketing involves marketing products and services over the internet. It requires an effective online strategy to compete in today's business environment. Some key principles of internet marketing include intuitive navigation, easy access to goods/services, customization, and business-to-business focus. Benefits of internet marketing include reduced costs, global reach, competitive advantage, improved decision making, and increased customer satisfaction. Companies should adopt internet marketing now to gain first mover advantage and remain competitive against other businesses that are also utilizing online strategies.
The marketing of our products or services over the
internet is called Internet marketing . An internet marketing strategy is necessary to effectively compete in todays business environment.
PRINCIPLES OF INTERNET MARKETING
1.Simple, Intuitive Navigation 2.Easy to find Merchandize/Goods 3.Good Offline/Online Services 4.Individual Customization is key 5.Business to Business Focus Internet marketing: The Marketing Approach
Define Value Proposition
Brand Building and Awareness Corporate Image Creation Focussed, Vertical sectoral expertise Product/Services-Market segmentation (productisation of expertise and knowledge of other industry processes) Generate market pull-Innovations Internet Marketing :Business Development Strategic Alliances/Tie-ups Electronic Market-Place Networking with other Exchanges New product Ideas/Developments Employ Higher-end value Added Solutions/Services(Customer Relationship Management-CRM, Record/Data Management etc) Unexplored Markets/Applications Benefits Analysis
1.Reduced cost of operations
2.New business opportunities 3.Global reach & market penetration 4.Competitive advantage 5.Easy analysis-MIS 6.Improved Planning, Budgeting, Profitability and customer services 7.Faster response to market changes 8.Better Forecasting ,Decision making
Why should you adopt Internet Marketing now?
1.Increased client satisfaction/Service
2.Improved Efficiency & Effectiveness 3.Enormous Business returns 4.Good business sense 5.First mover advantage Even if you dont , your competitors will!