Transcript Document
Slide 4.1 Marketing in the Internet age Chapter 4 Slide 4.2 Forces shaping the Internet age Figure 4.1 Forces shaping the Internet age Slide 4.3 Major forces shaping the Internet age • Digitalisation and connectivity – The flow of digital information requires connectivity • Intranets, Extranets and the Internet • The Internet explosion – Key driver of the “New Economy” Slide 4.4 Major forces shaping the Internet age • New types of intermediaries – Brick-and-mortar firms often face disintermediation from click-only competitors – The click-and-mortar business model has been highly successful Jfr banker • Customisation and customerisation Slide 4.5 Marketing strategy in the new digital age • E-business – Uses electronic means and platforms to conduct business • E-commerce – Facilitates the sale of products and services by electronic means • E-marketing – Includes efforts that inform, communicate, promote, and sell products over the Internet. Slide 4.6 Benefits of the Internet To buyers: • Convenience • Easy and private • Greater product access/selection • Access to comparative information • Interactive and immediate Vilken är baksidan? To sellers: • Relationship building • Reduced costs • Increased speed and efficiency • Flexibility • Global access, global reach Slide 4.7 E-marketing domains Figure 4.2 E-marketing domains Slide 4.8 B2C (business to consumer) • The online selling to final consumers – Now more mainstream and diverse • Has created new targeting opportunities • Online behaviour differs by demographic characteristics – Online consumers differ from traditional off-line consumers • They initiate and control the exchange process • Value information highly Slide 4.9 B2B (business to business) • B2B sales far exceed B2C sales – B2B are estimated to reach €3.6 trillion in 2005 • Open trading networks – Huge e-marketplaces bringing buyers and sellers together • Private trading networks – Link sellers with their own trading partners Slide 4.10 C2C (consumer to consumer) • C2C websites help consumers exchange goods or information – eBay is one example • Auction sites facilitate the exchange process – By allowing access to a much larger audience • Newsgroups / forums – Help consumers to find and share information Slide 4.11 C2B (consumer to business) • Allows consumers to search out sellers, learn about offers, initiate purchase or dictate purchase terms – Priceline.com is an example • Some sites facilitate the feedback process between customers and companies – PlanetFeedback.com is an example Slide 4.12 Conducting e-commerce • Click-only companies – E-tailers, search engines and portals, ISPs, transaction sites, enabler sites • Click-and-mortar companies – Channel conflict was initially a concern – E-commerce often created new customers, rather than cannibalising existing ones – Many firms now enjoy greater success than their click-only competition (e.g.Tesco) Slide 4.13 Setting up for e-marketing Figure 4.3 Setting up for e-marketing Slide 4.14 Conducting e-commerce • • • • Creating websites Placing ads and promotions online Creating or participating in web communities Using email and webcasting Slide 4.15 Seven C’s of website design tvåvägskommunikation layout • budskap • Context Content • Community Förenar olika användare • Communication • Connection länkar • Commerce • Customisation Skräddarsy www.nasdaq.com www.stockholmsborsen.se transaktioner Slide 4.16 Online forms of ads and promotions • • • • • • • Banner ads/tickers Skyscrapers Förhatliga popups Interstitials Browser ads Content sponsorships Micro-sites Viral marketing Word-of-mouth Slide 4.17 The promise and challenges of e-commerce • For most companies online marketing will remain just one important approach to the market-place • Two major sets of concern: – Profitability • Few B2C companies are profitable – Legal and ethical issues: • Online privacy and security • Internet fraud, the digital divide, access by vulnerable or unauthorised groups Case Cool diamonds s127