What is internet marketing? The Basics Concept of Internet Marketing
The Basics Concept of Internet Marketing
In a world
where every business has to fight for a share of the customers’ attention,
marketing plays a huge role in boosting the number and interest of a company’s
clientele. With the gradual increase in the number of small and large
businesses that have sprung up in the last two decades, domestic and
international markets have become saturated with suppliers, manufacturers and
intermediaries, all striving to be the first ones to make it to the end of the
chain.
What is internet marketing?
Internet
marketing, or online marketing, refers to the promotion of goods and services
on the internet. The online world acts as a medium to communicate messages that
a business drafts for its audience. Online marketing is also synonymous with
online advertising. It is essential to understand that online marketing is not
second to traditional marketing. Nor is it a complimentary service that you can
use to boost your marketing efforts on other mediums. Instead, online marketing
is a hardcore way to promote a business and make it known to an audience that
is bombarded with tons of similar stimuli every minute of the day. Perhaps the
very foundation of online marketing lies in finding newer ways to reach
customers and markets that would be interested in what a business has to offer.
Since traditional mediums like newspaper, prints and TVs have been tried over
and over again, a new and creative internet marketing idea seems to be the
fresh start that modern businesses so desperately need.
Types of online marketing
Online
marketing has become a mandatory part of a business’s promotional strategy. No
campaign is complete without a representation on the internet. Leaving out this
medium means giving up your customers to the competitor! Being a primary source
of information for millions of people, the internet opens up avenues to look
for products and businesses by breaking geographic boundaries. No longer does a
user have to be physically present in a locality to make use of the products
sold by a local business. Tapping into newer markets is one of the biggest
advantages of internet marketing.
Therefore,
making sure that an online promotional campaign is thorough and appealing is
essential. Sending across the same message via various techniques and channels
on the internet is a must. There are many types of online marketing that have
evolved and developed over the years, keeping in mind the way this medium is
used by consumers.
Today, a
single advert hardly suffices for the many sub-mediums that have sprung up on
the internet. Social media, websites, search engines, yellow pages, and website
directories are some of the many channels on which a business needs to
advertise in a creative manner, keeping in mind the kind of audience that
visits them.
The following types of online marketing:
Email marketing
This refers
to marketing that is done by sending advertisements and promotional content
through emails. Businesses usually maintain email directories for email
marketing.
Search Engine Optimization (SEO)
This refers
to increasing the visibility of a website, its content or the words within the
content such that they appear in search results. This is done using on-page and
off-page optimization.
Search Engine Marketing (SEM)
This refers
to the increasing website’s visibility in the search engines using paid reach
(paid advertising) and organic reach (SEO).
Social Media Marketing
This refers
to promoting a business on social media, such as Facebook, MySpace and Twitter.
Affiliate Marketing
It refers to
the hiring of third parties, also called affiliates, who market a business’s
content online.
Online marketing trends
One of the biggest
advantages of online marketing is the flexibility it offers to businesses.
Unlike the high cost and complex process typical for traditional marketing
efforts, internet marketing can be cheaper and easily accessible to most web
owners, who are skilled enough to take advantage of different techniques of
online marketing. While TVs and outdoor campaigns are somewhat standardized,
online promotion strategies can be adjusted according to customers' reactions
and responses.
Depending on
what generates the best results, online advertising follows certain patterns.
While these patterns may remain the same for an indefinite period of time,
usually they change and fluctuate based on how the market for particular goods
and services is performing and on the way consumers behave in general. For
instance, if customers buying online diet packages are satisfied with their
purchases that they made after watching videos, the trend for visuals and
presentations will be at an all-time high.
Some of the
most popular online marketing trends at this point, that have been highlighted
by experts, based on the current developments in the online world, are the
following:
Mobile-friendly content will become a basic requirement
One of the
most prominent shifts in online marketing has been from desktops and laptops to
mobile devices. No longer do people sit in front of computers all day long to
search for products or read reviews about a business. Successful online
businesses have foreseen this trend and have launched websites that are
compatible for mobile phones. Similarly, customizing content for smart phones
and tablets is also a new trend that has been initiated by the popularity and
preference for integrated device purchases in the last few years. Whatever
content it may be, if it is available for your customers to view and enjoy on
the go, it will be enough to sustain their interest. If, on the other hand,
your small business is not onboard for this change, it is likely to lose key
customers and markets.
Integrated imaging and content publication
A
combination of content and images is an important shift from content-only
online advertising. Placing emphasis on certain points within the content is
intelligently done by breaking it up with images. Image marketing has always
been a useful way to attract attention from customers who do not like to read
too much content. Using this strategy in a creative manner will definitely
optimize the promotional campaigns for success.
Summary
Online
marketing is a necessity. In a world where e-commerce has become the single
biggest reason for businesses to build an online presence, the need to market
products and services online is paramount. However, it should be remembered at
all times that the internet is a product of modernization and change. For this
reason, it does not take long for new trends and shifts to materialize.
if you want
your business to stand out amongst a million others, you will have to be at the
top of your game.
What
businesses need to master to make sure their online marketing efforts reap
results include.
· Creativity
• Out of the
box ideas
• Constant
planning
• High
degree of flexibility
• Keeping up
with the current trends
• Constant
research and analysis
In the same
breath, also keep in mind that using the many channels of online marketing is
not an option. In fact, cashing in on the different dynamics, workings, and
characteristics of each is essential to make sure you build an impressive
reputation for the business and loyalty amongst the customers.
Lastly,
being educated about the latest trends of online marketing keeps a business
up-to-date with how its market thinks, reacts and responds to various
campaigns. Online marketing departs from traditional marketing in that the
former is geared towards not only creating hype, but also being available
whenever and wherever customers need you.