Internet marketing enables you to take advantage of the growing importance of social media. An article on the Harvard Business School Executive Education website highlighted the link between social networking and online revenue growth. According to the article, a group of consumers that responded most strongly to the influence of social networks generated increased sales of around 5 percent. You can take advantage of this type of influence by incorporating social networking tools in your Internet marketing campaigns.
Video advertising - This type of advertising in terms of digital/online means are advertisements that play on online videos e.g. YouTube videos. This type of marketing has seen an increase in popularity over time. Online Video Advertising usually consists of three types: Pre-Roll advertisements which play before the video is watched, Mid-Roll advertisements which play during the video, or Post-Roll advertisements which play after the video is watched. Post-roll advertisements were shown to have better brand recognition in relation to the other types, where-as "ad-context congruity/incongruity plays an important role in reinforcing ad memorability". Due to selective attention from viewers, there is the likelihood that the message may not be received. The main advantage of video advertising is that it disrupts the viewing experience of the video and therefore there is a difficulty in attempting to avoid them. How a consumer interacts with online video advertising can come down to three stages: Pre attention, attention, and behavioural decision. These online advertisements give the brand/business options and choices. These consist of length, position, adjacent video content which all directly affect the effectiveness of the produced advertisement time, therefore manipulating these variables will yield different results. Length of the advertisement has shown to affect memorability where-as longer duration resulted in increased brand recognition. This type of advertising, due to its nature of interruption of the viewer, it is likely that the consumer may feel as if their experience is being interrupted or invaded, creating negative perception of the brand. These advertisements are also available to be shared by the viewers, adding to the attractiveness of this platform. Sharing these videos can be equated to the online version of word by mouth marketing, extending number of people reached. Sharing videos creates six different outcomes: these being "pleasure, affection, inclusion, escape, relaxation, and control". As well, videos that have entertainment value are more likely to be shared, yet pleasure is the strongest motivator to pass videos on. Creating a ‘viral’ trend from mass amount of a brands advertisement can maximize the outcome of an online video advert whether it be positive or a negative outcome.
The allure of so-called internet riches is nothing new. At every bend and turn in a gauntlet of online gurus, you'll find internet marketers looking to hype up this supposed dream of making money online or earning passive income while kicking up your feet and letting the cash roll in. While internet marketing doesn't quite work that way, in that you actually do have to put in the work, it isn't too difficult to separate the proverbial men from the boys when it comes to the real online earners.
A key objective is engaging digital marketing customers and allowing them to interact with the brand through servicing and delivery of digital media. Information is easy to access at a fast rate through the use of digital communications. Users with access to the Internet can use many digital mediums, such as Facebook, YouTube, Forums, and Email etc. Through Digital communications it creates a multi-communication channel where information can be quickly shared around the world by anyone without any regard to who they are. Social segregation plays no part through social mediums due to lack of face to face communication and information being wide spread instead to a selective audience. This interactive nature allows consumers create conversation in which the targeted audience is able to ask questions about the brand and get familiar with it which traditional forms of Marketing may not offer.
Your customers, prospects, and partners are the lifeblood of of your business. You need to build your marketing strategy around them. Step 1 of marketing is understanding what your customers want, which can be challenging when you’re dealing with such a diverse audience. This chapter will walk you through (1) the process of building personal connections at scale and (2) crafting customer value propositions that funnel back to ROI for your company.
There is no doubt the wide spread of the Internet, its adoption rate and the continuous development of connected user devices has changed the way we do business. The boundaries or barriers that once existed like physical distances, new product education, and start-up costs are now easier to overcome by leveraging the Internet in your favour. However, to really take advantage of this leverage, the way we approach online markets needs to be strategic, well implemented and relevant to this medium of communication. This is where Internet marketing takes the front seat.
ASOS use many techniques to ensure that they standardize their sales performance, for example they ensure that they are always taking suggestions from customers this will help them to identify their weaknesses and improve them. They have also entered new market sectors like beauty and children’s by doing this it will allow the business to attract more customers hence they will be able to standardize sales. At ASOS they have regular sales when the products are reduced by 50% or more. Currently 7% of the users make a purchase with an average basket size of £39.92 to £48.80. ASOS have an approximate average of 220,000 daily visitors; they have 3.3 million shoppers each month and have 1.8 million registered users. The sale for the year ending in 31 March 2008 was £81 million. Below shows one of the beauty products that ASOS has invested into and this will help the business to increase sales as it attract more customers and retain existing customers. By doing this it will the business to develop and expand hence widen the business opportunties and therefore increase sales and revenue.
Affiliate marketing is the art of marketing products, services or information for others. It doesn't require that you ever house or warehouse a single thing. But it does require that you have an audience to market those things to online. Without that audience, whether it's through search engines like Google or social media channels like Facebook, you'll find a difficult time with affiliate marketing.
The first component of Google's trust has to do with age. Age is more than a number. But it's not just the age when you first registered your website. The indexed age has to do with two factors: i) the date that Google originally found your website, and; ii) what happened between the time that Google found your website and the present moment in time.
A business with an established online presence enjoys the perks and benefits of being online, such as building a brand identity, gaining popularity and an audience that follows you. Unlike traditional marketing methods where opportunities lesser, online marketing has tremendous opportunities for growth. From your content going viral to establishing yourself as a credible source of information and knowledge, the opportunities to having an online presence are numerous.
So be wary. Ensure that you learn from the pros and don't get sucked into every offer that you see. Follow the reputable people online. It's easy to distinguish those that fill you with hype and those that are actually out there for your benefit. Look to add value along the way and you'll succeed. You might find it frustrating at the outset. Everyone does. But massive amounts of income await those that stick it out and see things through.
Xin-Ci Chin (Xinch) is a digital marketing consultant and Entrepreneur-in-Residence at Quest Ventures, a leading venture fund for technology startups that have scalability and replicability in large internet communities. Quest Ventures' portfolio includes well-known Southeast Asia companies such as 99.co, Carousell, Ethis Ventures, Kapital Boost, MGAG/SGAG, ShopBack, Vulcan Post and Xfers.
Dejan SEO is one of the best SEO related blogs full of helpful tips and up-to-date information on all areas of search engine optimization. The blog is updated once every few days and represents a perfect mixture of the most recent news from the industry to keep you up-to-date and practice-oriented posts explaining advanced SEO techniques and hacks. Dejan SEO is also eminent for pinpointing search engines tricks which normally go unnoticed and is a must-follow resource for novices seeking unconventional approach to SEO.
To get real world experience in digital marketing, we encourage students to launch their own campaigns on various platforms like Google Adwords, Google Display Network, Facebook and Instagram Ads. When you run live campaigns, besides getting a better feel of how these platforms work, you'll also gain experience on analysing and optimising your campaigns. The amount spent on these platforms will be entirely dependent on your budget, and you can go as low as RM5/day for your campaign duration.