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== The Rise of Interactive Marketing == | == The Rise of Interactive Marketing == | ||
A brand new marketing system has been created by digital interactivity.<ref>Urban, G.L. (1999). Digital Marketing Strategy. Upper Saddle River, NJ: Pearson Prentice Hall.</ref> The new ways of ] included ], catalog retailing, ], and the incorporation of response devices into broadcast advertising. | |||
Interactivity now is existing everywhere in marketing area and has created a brand new marketing system.]] | |||
Digital technology development has made a shift from broadcast marketing to interactive marketing. Blossoming of the WWW (]) lead to the rise of interactive marketing which has influenced many online retailers. Buyers and sellers can both be accessible at any time and place online. The interactivity and accessibly of the internet enabled individuals to do marketing as well. | |||
For supply chains in the traditional marketing systems, the assembled differential advantages of distribution will be soon disappeared by the continuous influence of interactive marketing rising. |
For supply chains in the traditional marketing systems, the assembled differential advantages of distribution will be soon disappeared by the continuous influence of interactive marketing rising.<ref>Fisher, M., & Reibstein, D.J. (2001). Technology-Driven Demand: Implications for the Supply Chain. In J. Wind & V. Mahajan (Eds.), Digital Marketing (pp. 285–309). New York: John Wiley & Sons. </ref> Buyers started transferring from conventional marketing channels (information and goods flows) to digital and interactive marketing. <ref>Barwise. P., and Farley, U. J.(2005) “The State of Interactive Marketing In Seven Countries: Interactive Marketing Comes of Age”. ''JOURNAL OF INTERACTIVE MARKETING. VOLUME 19'' </ref> | ||
== The Forms of Interactive Marketing == | == The Forms of Interactive Marketing == | ||
'''Search Engine Marketing''' | '''Search Engine Marketing''' | ||
] |
] can be explained as one of the digital marketing ways which companies or individuals paying for promotional advertisements to put on search engines like Google to increase sales or boost awareness from potential customers. The advertisements will be appearing on search engines users’ search result pages. The payments could be rather depending on the time length of time or pay per click.<ref>{{Cite web|url=http://www.businessdictionary.com/definition/search-engine-marketing-SEM.html|title=Definition of SEM|last=|first=|date=|website=Business Dictionary|archive-url=|archive-date=|dead-url=|access-date=10 May 2017}}</ref> | ||
'''Email Marketing''' | '''Email Marketing''' | ||
] is the way of marketing communication delivery. It mainly be used by online retailer/shopping websites for sale promoting, customer loyalty building, branding, advertising or converting customers. |
] is the way of marketing communication delivery. It mainly be used by online retailer/shopping websites for sale promoting, customer loyalty building, branding, advertising or converting customers. <ref>{{Cite web|url=https://www.entrepreneur.com/encyclopedia/e-mail-marketing|title=E-mail Marketing|last=|first=|date=|website=Entrepreneur|archive-url=|archive-date=|dead-url=|access-date=10 May 2017}}</ref>Many websites like on-trend cosmetic company and nowadays are sending regularly weekly or monthly greeting letters with personalized shopping list or latest discount give away to boost more customers’ return purchasing. Compared with other marketing forms, email marketing is more effective and low cost. | ||
'''Sponsorships''' | '''Sponsorships''' | ||
Interactive marketing can be sponsorship because companies often making partnerships with each other to attract new customers, especially start-up companies will seek sponsorship with companies who have well-established online presence. <ref>{{Cite web|url=http://www.marketing-schools.org/types-of-marketing/interactive-marketing.html|title=Interactive-marketing|last=|first=|date=|website=marketing schools|archive-url=|archive-date=|dead-url=|access-date=10 May 2017}}</ref>For example, ] put many sponsor links of other shopping websites. It can be better way of connecting new customers. | |||
'''Blogging''' | '''Blogging''' | ||
] is the method to reach business target markets. For example, business owners such as ] would have a blog separate from their websites, sometimes blogs and websites |
] is the method to reach business target markets. For example, business owners such as ] would have a blog separate from their websites, sometimes blogs and websites can be integrated because of the easier management, as well as easier accesses for customers.<ref>{{Cite web|url=https://www.thebalance.com/blog-marketing-1794404|title=What is blog marketing|last=|first=|date=|website=The Balance|archive-url=|archive-date=|dead-url=|access-date=10 May 2017}}</ref> Also many individuals have created businesses after their blogging became popular like some make up or fashion bloggers like ] actually start their own businesses or brand. | ||
'''Widgets''' | '''Widgets''' | ||
‘]’ historically used by business professors as ‘a generic product/tools marketed by a given company’. Some simple downloadable tools for branding are a great way to create extra value for that brand. | ‘]’ historically used by business professors as ‘a generic product/tools marketed by a given company’. Some simple downloadable tools for branding are a great way to create extra value for that brand. | ||
However, it changed to a brand new meaning nowadays. A ] on Misplaced Pages definition is ‘is a portable chunk of code installed and executed within any separate html-based web page by an end |
However, it changed to a brand new meaning nowadays. A ] on Misplaced Pages definition is ''‘is a portable chunk of code installed and executed within any separate html-based web page by an end user without requiring additional compilation’.''<ref>{{Cite web|url=http://www.mappingtheweb.com/2006/11/27/widget-marketing/|title=Widget Marketing|last=|first=|date=|website=Mapping The Web|archive-url=|archive-date=|dead-url=|access-date=10 May 2017}}</ref> | ||
For example, ], Slide, and MyBlogLog are earlier examples of start-ups which benefit from the concept, leveraged the traffic of other sites to drive traffic to own properties. | For example, ], , and are earlier examples of start-ups which benefit from the concept, leveraged the traffic of other sites to drive traffic to own properties. | ||
'''Social Media Networking''' | '''Social Media Networking''' | ||
Also called ], is the one of the marketing methods of communication and relationship management which connect customers and target audiences within main social media. It allows individuals or business brands to build relationships and communities online timely.]] Consumers can interact with companies directly once joining social media platforms. |
Also can be called ], is the one of the marketing methods of communication and relationship management which connect customers and target audiences within main social media. It allows individuals or business brands to build relationships and communities online timely.<ref>Felix, R., Rauschnabel, P.A.; Hinsch, C. (2016). "Elements of Strategic Social Media Marketing: A Holistic Framework". ''Journal of Business Research''. ]:10.1016/j.jbusres.2016.05.001.</ref> Consumers can interact with companies directly once joining social media platforms.<ref>Zhang, M., Jansen, B. J., and Chowdhury, A. (2011) Influence of Business Engagement in Online Word-of-mouth Communication on Twitter: A Path Analysis. Electronic Markets: The International Journal on Networked Business. 21(3), 161-175.</ref> Social networking is online version of ] which is more globalized, powerful and far reaching.<ref>Chang, Ray; Wonseok Oh; Alain Pinsonneault; Dowan Kwon. "A Network Perspective of Digital Competition in Online Advertising Industries: A Simulation-Based Approach". '''21''' (3). ] 23015551.</ref>The reason is social media platforms allow followers to post and repost comments which can better promote products.<ref>Jansen, B. J.; Zhang, M; Sobel, K; Chowdury, A (2009). "Twitter Power: Tweets as Electronic Word of Mouth" (PDF). ''Journal of the American Society for Information Sciences and Technology''. '''60''' (11): 2169–2188. ]:10.1002/asi.21149.</ref> More customers with same interests can be easily seen as a group of target audiences and larger target group is reached. Compared with traditional methods (see ]) and advertising, social networking is believed is more effective and personalized on interaction and communication. <ref>Assaad, Waad; Jorge Marx Gomez. "Social Network in marketing (Social Media Marketing) Opportunities and Risks". '''2''' (1). Retrieved 10 May 2017.</ref><!-- EDIT BELOW THIS LINE --> | ||
== Interactive Marketing == | == Interactive Marketing == |
Revision as of 23:22, 10 May 2017
The Rise of Interactive Marketing
A brand new marketing system has been created by digital interactivity. The new ways of digital marketing included direct mail, catalog retailing, telemarketing, and the incorporation of response devices into broadcast advertising.
Digital technology development has made a shift from broadcast marketing to interactive marketing. Blossoming of the WWW (World Wide Web) lead to the rise of interactive marketing which has influenced many online retailers. Buyers and sellers can both be accessible at any time and place online. The interactivity and accessibly of the internet enabled individuals to do marketing as well.
For supply chains in the traditional marketing systems, the assembled differential advantages of distribution will be soon disappeared by the continuous influence of interactive marketing rising. Buyers started transferring from conventional marketing channels (information and goods flows) to digital and interactive marketing.
The Forms of Interactive Marketing
Search Engine Marketing
Search Engine Marketing can be explained as one of the digital marketing ways which companies or individuals paying for promotional advertisements to put on search engines like Google to increase sales or boost awareness from potential customers. The advertisements will be appearing on search engines users’ search result pages. The payments could be rather depending on the time length of time or pay per click.
Email Marketing
Email Marketing is the way of marketing communication delivery. It mainly be used by online retailer/shopping websites for sale promoting, customer loyalty building, branding, advertising or converting customers. Many websites like on-trend cosmetic company Tarte Cosmetics FeelUnique and NYX cosmetics nowadays are sending regularly weekly or monthly greeting letters with personalized shopping list or latest discount give away to boost more customers’ return purchasing. Compared with other marketing forms, email marketing is more effective and low cost.
Sponsorships
Interactive marketing can be sponsorship because companies often making partnerships with each other to attract new customers, especially start-up companies will seek sponsorship with companies who have well-established online presence. For example, Amazon put many sponsor links of other shopping websites. It can be better way of connecting new customers.
Blogging
Blog marketing is the method to reach business target markets. For example, business owners such as WordPress would have a blog separate from their websites, sometimes blogs and websites can be integrated because of the easier management, as well as easier accesses for customers. Also many individuals have created businesses after their blogging became popular like some make up or fashion bloggers like Chiara Ferragni actually start their own businesses or brand.
Widgets
‘Widget’ historically used by business professors as ‘a generic product/tools marketed by a given company’. Some simple downloadable tools for branding are a great way to create extra value for that brand.
However, it changed to a brand new meaning nowadays. A widget on Misplaced Pages definition is ‘is a portable chunk of code installed and executed within any separate html-based web page by an end user without requiring additional compilation’.
For example, YouTube, Slide, and MyBlogLog are earlier examples of start-ups which benefit from the concept, leveraged the traffic of other sites to drive traffic to own properties.
Social Media Networking
Also can be called social media marketing, is the one of the marketing methods of communication and relationship management which connect customers and target audiences within main social media. It allows individuals or business brands to build relationships and communities online timely. Consumers can interact with companies directly once joining social media platforms. Social networking is online version of word of mouth which is more globalized, powerful and far reaching.The reason is social media platforms allow followers to post and repost comments which can better promote products. More customers with same interests can be easily seen as a group of target audiences and larger target group is reached. Compared with traditional methods (see outbound marketing) and advertising, social networking is believed is more effective and personalized on interaction and communication.
Interactive Marketing
- Urban, G.L. (1999). Digital Marketing Strategy. Upper Saddle River, NJ: Pearson Prentice Hall.
- Fisher, M., & Reibstein, D.J. (2001). Technology-Driven Demand: Implications for the Supply Chain. In J. Wind & V. Mahajan (Eds.), Digital Marketing (pp. 285–309). New York: John Wiley & Sons.
- Barwise. P., and Farley, U. J.(2005) “The State of Interactive Marketing In Seven Countries: Interactive Marketing Comes of Age”. JOURNAL OF INTERACTIVE MARKETING. VOLUME 19
- "Definition of SEM". Business Dictionary. Retrieved 10 May 2017.
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(help) - "E-mail Marketing". Entrepreneur. Retrieved 10 May 2017.
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(help) - "Interactive-marketing". marketing schools. Retrieved 10 May 2017.
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(help) - "What is blog marketing". The Balance. Retrieved 10 May 2017.
{{cite web}}
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(help) - "Widget Marketing". Mapping The Web. Retrieved 10 May 2017.
{{cite web}}
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(help) - Felix, R., Rauschnabel, P.A.; Hinsch, C. (2016). "Elements of Strategic Social Media Marketing: A Holistic Framework". Journal of Business Research. doi:10.1016/j.jbusres.2016.05.001.
- Zhang, M., Jansen, B. J., and Chowdhury, A. (2011) Influence of Business Engagement in Online Word-of-mouth Communication on Twitter: A Path Analysis. Electronic Markets: The International Journal on Networked Business. 21(3), 161-175.
- Chang, Ray; Wonseok Oh; Alain Pinsonneault; Dowan Kwon. "A Network Perspective of Digital Competition in Online Advertising Industries: A Simulation-Based Approach". 21 (3). JSTOR 23015551.
- Jansen, B. J.; Zhang, M; Sobel, K; Chowdury, A (2009). "Twitter Power: Tweets as Electronic Word of Mouth" (PDF). Journal of the American Society for Information Sciences and Technology. 60 (11): 2169–2188. doi:10.1002/asi.21149.
- Assaad, Waad; Jorge Marx Gomez. "Social Network in marketing (Social Media Marketing) Opportunities and Risks". 2 (1). Retrieved 10 May 2017.