Internet Marketing
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Transcript Internet Marketing
Introduction to Internet Marketing
Chapter 01 of Schumann, D., & Thorson, E. (2007). Internet Advertising: Theory and Research: Lawrence
Erlbaum Associates.
Chapter 01 of Chaffey, D., Ellis-Chadwick, F., Mayer, R., & Johnston, K. (2009). Internet Marketing:
Strategy, Implementation and Practice: Financial Times/Prentice Hall.
Ravi Vatrapu
[email protected]
Thursday, 01-July-2010
Kilen 2.75, CBS, Frederiksberg, Denmark
DØK HU2D - Internet Marketing: Lecture 04
Course Webpage: http://www.itu.dk/people/rkva/2010-Summer-IM/
Facebook Group: http://www.facebook.com/group.php?gid=133258548012
Etherpad: http://ietherpad.com/d5mBZdMDe6
1
Internet: Aspects
Four Communication Needs
Connectivity
Information
Entertainment
Shopping
2
Connectivity
Social Networking
Blogging
Online Dating
Online Communities
3
Information
Push vs. Pull
Information
Seeking
Foraging
Sharing
Evaluation
Recommendation
4
Entertainment
Digital Content
Production
Distribution
Consumption
Gaming
Media Convergence
5
Shopping
“The Long-Tail”
Convenience
Comparison
Examples:
Music
Books
6
Internet: Technology Trends
Figure 1.4
Evolution of web technologies
Source: Adapted from Spivack (2007)
7
Internet and Business
Li, H., & Leckenby, J. (2007). Examining the Effectiveness of Internet Advertising Formats. In D. Schumann & E. Thorson (Eds.), Internet
Advertising: Theory and Research: Lawrence Erlbaum Associates.
Vertical Integration of Channel Capacities
Communication
Transaction
Distribution
Horizontal Integration of Marketing Communications
Advertising
Public Relations
Sales Promotion
Direct Marketing
8
Internet Marketing
The definition of marketing by the Chartered Institute of Marketing
(http://www.cim.co.uk/) is:
Marketing is the management process responsible for identifying, anticipating and
satisfying customer requirements profitability.
Internet Marketing consists of:
Applying…
Digital technologies which form online channels (Web, e-mail, databases, mobile,
iDTV)
to…
Contribute to marketing activities aimed at achieving profitable acquisition and
retention of customers (within a multi-channel buying process and customer lifecycle)
through…
Improving customer knowledge (of their profiles, behaviour, value and loyalty
drivers), then delivering integrated targeted communications and online services that
match their individual needs
9
Figure 1.8
A generic Internet marketing strategy development process
10
Figure 1.9 Six categories of e-communications tools or media channels (Chaffey and Smith, 2008)
11
How Different Groups Spend Their Day in the US
(in-class demo)
Interactive Graphic:
http://www.nytimes.com/interactive/2009/07/31/business/20080801-metricsgraphic.html
Article:
http://www.nytimes.com/2009/08/02/business/02metrics.html?pagewanted=print
12
Internet: Reports
(in-class exercise)
World Economic Forum
Global Competitiveness Report
Global Information Technology Report
Statistics Denmark
Service sector
PEW Internet & American Life Project
Trend Data
13
Discussion
14