E-marketing is virtually conducting marketing activities through interactive computer-aided systems. Indeed unheard about two decades ago, this sufficiently new field has interested lots of organizations around the world. Enormous multinational corporations, government agencies and other different enterprises have come to position e-marketing as an essential strategic tool. Nowadays many well-built huge companies such as IKEA link their Internet approaches to their more traditional marketing efforts, whereas some relatively new launched businesses as Amazon and Egg have selected for e-marketing approaches more or less exclusively, using all new tech tools as for instance ATMs, retail kiosks, e-mail and iTV, countless organizations and institutions are turning to e-marketing strategies throughout the globe. E-marketing concept is sufficiently advantageous as it is faster, more efficient, more intelligent and much cheaper than other marketing mechanisms. Besides e-marketing is the sphere which leads to quick results, allowing complex calculus such as to analyze request and market development. Access to new market segments and attaining the trust of existing customers and loyalty through quality and price of products is mainly because of e-marketing campaigns. For marketing, the effect of the Internet has led to major modifications in company culture; the classical hierarchic model leadership has disappeared, radically has altered the relationship between partners, and has the lack of economic cycles. The Internet allows companies to increase and strengthen their presence on the market, offers possibilities for market development and increases sales, improves services for customers, allows companies to change a potential custo... ... middle of paper ... ...ition, Harlow, England: Financial Times/Prentice Hall 2. Whitely, D (2000), e-Commerce: Strategy, Technologies and applications, Maidenhead: McGraw-Hill 3. Chaston, I. (2001), e-Marketing Strategy, Maidenhead: McGraw-Hill 4. O’Connor, J. and Galvin, E. (1998), Creating Value Through e-Commerce, London: Financial Times/Pearson Education 5. Peppers, D., Rogers, M. (1997), Enterprise One-to-one, New York, NY: Doubleday 6. Windham, L and Orton, K (2000), The Soul of the New Consumer, Oxford: Windsor Books 7. Jobber, D (2001), Principles and Practice of Marketing, 3rd Edition, Maidenhead: McGraw-Hill 8. Nicovich, S., Cornwell, T.B. (1998), "An Internet culture?: Implications for Marketing’, Journal of Interactive Marketing, John Wiley & Sons reprinted Internet Marketing: Readings and Online Resources, by Richardson, P. (2001), New York: McGraw-Hill International.
Amazon.com operates in the Online Retail Industry. The sector is one of the fastest growing globally and is outperforming the ordinary retail marketplace. It was created after 1995 and it was only the Internet that made it possible for such an industry not only to be established but to become one of the most flourishing sectors in the business environment. What is interesting is that Amazon.com, together with eBay is the pioneer in the field. Both companies were launched in 1995 and are still extremely successful. The creation of e-mail in 1996 had a huge impact on the development of online retail by introducing a fast and easy way to communicate with customers. For this two-year period Internet usage doubled annually, thus, allowing for the expansion of the industry. Google is launched a year later, in 1998, only to become the most used search engine in the world and an essential partner for the online retailers by helping them tailor their websites to customer’s personal preferences and by advertising. After that, more and more people see the opportunity in the growing industry and enter it. By 2001 there are more than 513 million Internet users globally, which calls for action in terms of creating regulations and laws to protect the users and personal property. In 2003, Apple launches iTunes, and provides a platform for low-cost digital downloads. Another major change is the appearance of social media from 2004, which is one of the biggest influencer on the state of the industry. With the launch of iPhone in 2007, this trend strengthens as people get to enjoy the Internet anywhere they want to. From then on, technological advancements have made it extremely easy and fun to shop online, making it ...
Organizations normally reformulate their marketing strategy several times during a product’s life cycle. Economic conditions change, competitors launch new assaults and the product passes through new stages of buyer interest and requirements (Kotler, 2001, p. 484). Consequently a company must plan strategies that address any changes in the market. ebay Inc. is the world’s largest and most popular person-to-person trading community on the internet (Bradley, 2001, p. 1). From its inception eBay was unchallenged however with amazon.com’s (Amazon) entrance into the online person-to-person auction arena and other competition from Yahoo! Auctions, Auction Universe, and OnSale, eBay was faced with the issue of how to separate themselves from competitors and maintain market leadership in an increasingly crowded marketplace.
In summary, “Internet activities are not most significant in competition, such as informing customers, processing transactions, and procuring inputs”. (Porter, 2001) significant corporate assets--skilled employees, proprietary product, and efficient logistical systems – these factors are the most important to keep competitive advantages. In fact, it is foreseeable that the Internet's evolution will come up in the future involve a shift “in thinking from e-business to business, from e-strategy to strategy”. (Porter, 2001)Only by integrating the Internet into overall strategy will this powerful new technology become an equally powerful force for competitive advantage.
E-marketing is a fast growing and rapid platform for any form of business. EBay has been highly successful over recent years and this is a perfect example of an online business. The internal and external environments are constantly changing and in order to keep up with these changes, businesses and organisations must make relevant changes, and generate new strategies to keep up with contemporary developments in e-marketing and to also maintain their position in their market in comparison to their competitors.
Marketing is an integral part of any business operation, regardless of platform or environment (brick and mortar versus virtual); type of product sold or service rendered and target market. With the advent of Internet technology, new business models or sites such as business-to-business (B2B) and business-to-consumer (B2C), have emerged which require the employment of different marketing strategies and tools to attract and retain customers. The following sections will provide a comparison of the marketing strategies employed and tools utilized by B2B and B2C e-business sites.
The Internet and international business is an interesting topic- discussing an area of business that will probably be around for many years and possibly centuries to come. Since its earliest days, the Internet has been a means of communication, an essential tool in almost instant communication.
James, Fredric. 1988. "Postmodernism and Consumer Society." In Studies in Culture: An Introductory Reader, ed. Ann Gray and Jim McGuigan. London: Arnold, 1997, pp. 192-205.
"E-marketing tools and processes allow firms to deliver on the marketing concept to individual consumers in ways that could rarely be achieved in the past. The Internet allows for mass customization, so individuals can now contact firms electronically over the Internet and receive responses tailored to their needs" ("What is E-Marketing?", 2003).
The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...
This paper will glance at the different models that each company is using and how they utilize their online presence to generate the offerings desired by their consumers. The increasing complexity of Internet and Web technologies and their rapid evolution are imposing a Herculean challenge for information technology managers. They are expected to achieve optimal utilization of their existing information system for business performance while ensuring integration of the latest Internet and Web technologies in their enterprise information technology architectures. At the same time, they must meet the expectations of business managers who need to create and sustain innovative business value propositions to keep up with the changing competitive environment and customer needs.
Internet is a free platform where everyone can launch or release whatever they want to that market. With such characteristic of the Internet, the products, services or creations may, in a se...
7. Dunlap, Bill, Internet Marketing in Europe - How Europeans see "the Web as a marketing and business tool", 1996
In today's competing world, many organizations are rethinking their strategies in terms of the online business and its capabilities and culture. Organizations are taking advantage of the widespread web to buy and sell goods from other companies and recently from individual customers. Exploiting these opportunities of convenience, availability and widespread reach of the web or Internet, many companies such as Amazon have benefited from the use of web successfully.
As we know, marketing is where a company set a goal or written a document on how to promote or introduce their products or services to users while e-commerce is one of the methods where a company sell and introduce their products and services to user. Here we can see how this both related to each other, marketing use e-commerce as one of the marketing method. In this microwave society, most of the consumers prefer to do something easy, take less time and less effort but they want something fast and perfect. So, now we have internet marketing and e-commerce and are widely used by most company whether it is big or small business for those kinds of consumers as this way is inexpensive way of promoting business and consumer can find the products or service they want on the line, and they also can directly pay for the service or product without troubling them self. Consumers can perform any transaction buy just sitting in front of their laptop any this service are available for 24/7. In internet-marketing, it involved numbers of business model such as B2C that means the product sell directly to customers, C2C where a customer sell the product to other customer and
Through electronic marketing and internet communication business firms are coordinating different marketing activities such as market research, product development, inform customers about product features, promotion, customer services, customer feedback and so on. Online shopping is used as a medium for communication and electronic commerce, it is to increase or improve in value, quality and attractiveness of delivering customer benefits and better satisfaction,