In this first online course of eCornell's Marketing Strategy certificate program, you will learn about the role marketing plays within an organization, some ethical questions that surround marketing practices, the impact that a strategic approach can have on marketing within your organization, and the components of a well-defined marketing strategy and overall business strategy. In defining how the organization will successfully engage customers, prospects and competitors in the market arena, you will discover how to think strategically about the market you're in, why you're in that market, and what you're trying to accomplish in that market. You'll also gain a strategic view of your organization's "brand."
That’s it friends, If you launch your marketing campaigns today, it will give customers within few minutes. Your competitors are already doing. And the biggest benefits of Internet marketing is that it is Automatic. Yes, everything soon will be automatic in business. Be ready and take the advantages of Information Technology for your busienss and customers benefits.
Internet marketing enables you to personalize offers to customers by building a profile of their purchasing history and preferences. By tracking the web pages and product information that prospects visit, you can make targeted offers that reflect their interests. The information available from tracking website visits also provides data for planning cross-selling campaigns so that you can increase the value of sales by customer.
A business idea that you would want to work on. Due to the nature of this Quantum Degree, you'll be basing your assignments on a business that you would like to launch. If you don't have a business idea yet, don't worry! You can use a existing business that your friends/family are running as training grounds for digital marketing (with their permission, of course).
To make certain your products and services comply with local business regulations and are suitable for the local markets, you should enlist the help of localization services if you plan on selling internationally or even in some remote locales nationally. Localization services include product modifications to reflect local market differences and translation services.
Collaborative Environment: A collaborative environment can be set up between the organization, the technology service provider, and the digital agencies to optimize effort, resource sharing, reusability and communications. Additionally, organizations are inviting their customers to help them better understand how to service them. This source of data is called User Generated Content. Much of this is acquired via company websites where the organization invites people to share ideas that are then evaluated by other users of the site. The most popular ideas are evaluated and implemented in some form. Using this method of acquiring data and developing new products can foster the organizations relationship with their customer as well as spawn ideas that would otherwise be overlooked. UGC is low-cost advertising as it is directly from the consumers and can save advertising costs for the organisation.
Social media has been one of the fastest growing digital marketing channels for years now and continues to play a major role in brand development and customer acquisition and engagement. Social media now is a critical element to effective content marketing and search engine optimization strategies. These marketing strategies simply can’t exist well without one another.