Posts tagged Online Marketing
With the advent of Internet, the digital media marketing emerged as a new force to reckon with in the area of advertising. There is a sea change observed in the way we communicate and market our products and services. In the early period of the first decade of 21st century, Internet was associated merely with a dotcom wave. However, only few of the experts really knew that this dotcom wave would herald the beginning of a new era in the area of advertising.
Need to Shape the Digital Media Marketing Sector
After the arrival of big players like Google the true power of Internet became known to the world. ‘Search’ became an important aspect of Internet usage. With the rise of social media sites like Facebook, the situation has become even more interesting. Today, there are myriad of channels available to us for online promotions. The speed and rate at which these technologies and channels have been arising is tremendous. Therefore, creating a proper and scientifically-prepared course for digital media marketing is the need of time. The launch of a post-graduate program named M.Sc. in Digital Marketing by UCD’S SMURFIT Business School, Dublin Ireland is one step towards shaping education in this sector.
Today, digital media marketing has grown on to become a multi-billion industry. The spending on online advertising is fast increasing. In order to make the best of the Internet, there is a great need to have formal education which prepares students for the digital age. It is not just about knowing the newer technologies, but also studying the interaction of customers i.e. web audience with these technologies. Understanding the ‘online behavior’ of web users is therefore, the key aspect that underlies the degree programs meant for digital media marketing.
Along with digital media, it important that we study the different facets and aspects of digital media marketing. Those who are involved in launching marketing campaigns through digital media should also have knowledge associated with product development, procurement, planning, distribution, selling etc. Therefore, the higher education in digital media marketing should incorporate the study of these factors as well. Only then can such educational programs be of help to students.
The word ‘Promotion’ is particularly used to refer a particular activity that is aimed to promote the business product or service. Promotion is communicating, interacting and meeting with people and make an attempt to influence them to buy your product or service. So now ‘Online promotions’ is the same activity but the difference is it’s done via internet, there is no need to meet anyone, no staff required to sale your product or service physically.
Online promotion is an activity which has variety of techniques to target and attract potential customer and to create a buzz about your company.
Making and constructing a website is not enough. Whenever anyone searches a website, the website should appear within first 10 lists only. Otherwise the website will lose potential customers. Thus, online marketing needs a regular and consistent promotion which is actually a key to get success online.
Online marketing and online promotions opens ways to make opportunities for you and your businesses. Online promotions are part of a marketing strategy which designed to stimulate a customer to take action towards buying decision across globe at any point of time.
Ways of doing online promotions:
- · Search Engine Optimization (SEO)
- · Paid Promotion – promoting a website or business through paid advertising like Google or LinkedIn, Pay per Click (PPC).
- Email publishing – periodically newsletter, updates
- Online forums
- Social media – social networking site facebook, twitter, LinkedIn, etc(website Link exchange, writing articles and testimonials)
- Banner advertisements
- YouTube – can be the medium to reach potential customers.
Benefits of online promotions:
- Content is Timeless
- Time Saving
- Less time needed to create launch and manage online promotions.
- Instant Communication
- No time constraint, opened for 24×365
- Reaches and covers worldwide customers
- Lowest promotional cost to reach million probable customers
- Business can access through millions of customers by just a few clicks of their mouse.
- It’s not just nationwide, it is worldwide.
- It gives immediate feedback and response(it’s both quantitative and qualitative)
- Less paper and other waste on non-interested consumers.
- Control is in hand, means it can be altered at any point of time according to the need of time.
- Easy for consumers to participate.
- More likely to get repeat visitors and entries.
Total dynamics change when one shifts from regular promotions to online promotions. Today’s technology offers us to promote with a speed faster than that of light. This is called power of online promotions.
Affiliation is a part of online marketing strategy for almost every company. An affiliate is an outsource agent who boost a brand and services to a potential customers for a commission after sale occurs. Affiliates are universal website owners who can send probable customers via links to their sites. They do this on the basis of any sales commencing from this traffic will make them earn which is called as affiliate commission. Affiliates mainly contact various people around the globe and help the company to expand the business in a wider way. Affiliate Internet marketers are people who advertise and merchandise other business on internet. When a sale is made, commission is paid to the affiliate marketer.
There are three traditional ways to earn money through affiliation in online marketing:
Pay Per Click —
The pricing mechanism used by any company’s online marketing department is to charge an advertiser when each time the end user clicks on the advertiser’s ad. This rate is commonly set by the advertiser not by the channel. Each time a potential customer leaves the affiliate website by clicking on the link reading the affiliate’s website, that time a certain amount of money is accumulated in affiliate’s account. This whole earning depends upon the product and amount of the commission. Online marketing depts. usually charge the fixed price per click. This approach is distinguished from pay per impression methods used in media advertising like TV and newspaper.
Pay Per Sale —
Each single time sale is made as an aftereffect of the advertisement of the affiliate’s website, and then a pre-decided affiliate’s commission is transferred to the affiliate’s account. Pay per sale is also called as cost per sale which is an online marketing pricing system where the affiliates gets paid as per the number of sales which is directly generated by the hosted banners as advertisements. In pay per sale agreement the advertiser only pays for sales generated by the site based on an agreement upon agreed commission rates. In an online marketing industry this feature is common.
Pay Per Lead —
In online marketing, for pay per lead, payment is only done for the leads which are being generated at the destination site. This is approximately same as PPS but in this one gets paid for the leads instead of sales. This is somewhat uncommon commission method but it frequently applies to distinct divisions of affiliate programs. The actual benefit of the pay per lead is that you will have the potential clients’ name and email addresses which will enhance the business expansion. This is because you can get in touch with those prospects and can easily generate sales revenue.
Well it is good if we can make some out of our leisure time. And making a living sitting at home is the best option when you want a break from your boring schedule. Your day to day life would in fact be yours to settle on your individual terms. Actually internet marketing of your business or others’ businesses can make it easily achievable.
Making some handsome amount of money on the internet with internet marketing allows for just about any person to make full time earnings from their comfort zone provided that they are inclined to put forth some effort. Yet, it isn’t only energy that will allow you to acquire achievement with via the internet marketing and advertising as lots of will notify you.
You can succeed and labor and then do the job some a lot more and not see a single cent if you aren’t performing items correctly. In this editorial we’ll be taking a look at what decides success in world wide web advertising and how you can accomplish achievement for yourself.
The good reason why most individuals fall short on line is mainly because they merely are not carrying out issues appropriately. When most people 1st hear of the likelihood of earning money internet they get particularly ecstatic. They get enthusiastic as they immediately suppose that creating money on the on line needs to be ridiculously straightforward and need especially little know how. Allow me just inform you best now that this is thoroughly bogus.
The company of earning capital over the internet due to on line internet marketing isn’t as hassle-free as a few clicks of the mouse and you won’t be capable to generate something if you are just working many hours a day. Certain, it is terrific that you want to put in the several hours but if you aren’t executing facts accurately then you’ve just wasted your time. Three hours of unfocused perform is not the similar as a few several hours of sticking to an established plan of action.
And a confirmed prepare of action is exactly what separates productive online entrepreneurs from those who haven’t manufactured a cent through internet marketing and advertising and therefore aren’t extremely net entrepreneurs at all. If you want to make a complete time income through the web-based then you require to be subsequent a confirmed design of undertaking so.
One cannot jump from stage A to level B in internet marketing if he is completely confused and have no sense of direction. So how do you count on the earnings from internet marketing if you are without any clue about what you are undertaking? A proved product makes it possible for you to deliver the results in confidence prearranged that you are taking tips that are assured to produce sales, leads, and income, whatever! This is what it all comes down to in the community of internet marketing.