MKC1200 Lecture 11: MKC1200 Week 11 Marketing Management

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MKC1200 Week 11 Marketing
Management
Digital Marketing
All of the activities involved in planning and implementing marketing in the
electronic environment
For Consumers
Advantages
No limitation by store opening hours or store location
Interact deeply with the organisation without dealing with an actual person
Easier access to and comparison of prices
Disadvantages
Inability to physically examine the product before making the purchase
decision
Security and privacy issues
For Marketers
Advantages
Access to the entire global market and more consumers
Facilitate interactivity
Disadvantages
Greater competition
Low rates of access
Payment issues
Methods of Digital Marketing
Websites
Social Media
Search Engine
Other Methods
Brochure sites:
websites that are
online
advertisement
for the
organisation
Portals: a
website that is
designed to act
as a gateway to
other related site
The various
websites that
involve online
communities
where members
contribute to
and build the
community and
content, and
where users can
control their
own online
experience
Search engine
optimization
(SEO): tailoring
features of a
website to try to
achieve the best
possible ranking
in search results
returned by a
search engine
Search engine
marketing
(SEM): paid
Paid online and
mobile
advertising
Email, SMS and
MMS
Apps
E-commerce via
the internet,
mobile phone or
other
telecommunicati
on technology
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through
customization
and interactivity
Viral
marketing: the
use of social
networks to
spread a
marketing
message
advertising that
appears similar
to a search
result on a
search engine
page
Effect on Extended Marketing Mix
Product
Digitisation: delivering a product as information presenting information about
a product digitally
Price
Easier access to and comparison of prices
Promotion
New digital media channels
Interaction: the ongoing exchange of information between marketer and
customer
Place
New distribution platforms and channels
People
Training in social media and digital customer relationship management
Process
Training in social media and digital customer relationship management
Process
Smoother and faster customer service processes
Profiling: the process of getting to know about potential customers before
they make a purchase and to find out more about existing customers
Physical evidence
Designing engaging websites and m-sites
Ethical Issues
Privacy and consumer protection
Misleading or deceptive conduct
Spam
Intellectual property
Social Marketing
Process that uses commercial marketing principles and techniques to influence target
audience behaviours that will benefit society, as well as individual
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Marketing Mix for Social Marketing
Behaviour change: the modification of behaviour targeted by a social marketing
intervention
The bottom line for social marketers
Product
Price
Promotion
Place
The bundle of
benefits
received by the
target audience
May take
tangible or
intangible forms
The cost or
sacrifice
exchanged for
the benefit
The use of
dollar price is
rare
Be relevant and
connected with
behaviour-induc
ing strategies
Be coordinated
with and
integrated into
the marketing
mix
Where and
when the target
audience enter
into an
exchange
Marketing Cycle
Marketing is an ongoing and interrelated process of understanding, creating,
communicating and delivering offerings
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Document Summary

All of the activities involved in planning and implementing marketing in the electronic environment. No limitation by store opening hours or store location. Interact deeply with the organisation without dealing with an actual person. Inability to physically examine the product before making the purchase decision. Access to the entire global market and more consumers. Brochure sites : websites that are online advertisement for the organisation. Portals : a website that is designed to act as a gateway to other related site. The various websites that involve online communities where members contribute to and build the community and content, and where users can control their own online experience. Search engine optimization (seo): tailoring features of a website to try to achieve the best possible ranking in search results returned by a search engine. E-commerce via the internet, mobile phone or other telecommunicati on technology advertising that appears similar to a search result on a search engine page.

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