In: Economics
Surf the web for at least 15 minutes. Visit at least two different e-commerce sites. Make a list describing in detail all the different marketing communication tools you see being used. Which do you believe is the most effective and why?
Businesses usually develop websites & blogs to promote their commodities. Blogs are an interactive platform to communicate info to consumers & receive feedback thru comments. Also, firms utilize sites & blogs as media for banner advertisements and other ad placements. For example, a sports wear seller may pay to place banner advertisements on sports-rated sites and blogs.
Email marketing is utilized to attract new consumers & maintain close relations with the existing ones. Firms utilize lead generation instruments & purchase email lists to send mass emails at a low expenditure. Several firms offer sign-up forms on their sites for email newsletters. They utilize email to target loyal consumers with info & special promotions. Email clubs permit consumers to obtain weekly / monthly email promotions.
SEO has become a main marketing instrument for small online firms . SEO is the development of a website which obtains high results in well-liked search engines like Yahoo. Being a upper listing in a well-liked good- or industry-related search is a chief source of site traffic.
E-Com businesses also utilize social media instruments, including Facebook and YouTube to create awareness, attract consumers and interact directly with persons. Firms can make product announcements to their followers & monitor chats about their businesses utilizing social media. The instantaneous interaction & affordability render social media instruments appealing to small enterprises.
Virtual communities comprise an assortment of online meeting places for persons who have shared interests, like gardening, books. Chat rooms etc. exist as virtual communities. These give a good venue for e-Com ads due to the specialized audience interest
Most effective-Paid Search ads (your brand would pay an advertisement network, such as Google, each time somebody clicks on your ad.)can produce a great conversion rate & must be included in the marketing communication strategy.