GOOD E-MARKETING CAN TRANSFORM YOUR BUSINESS
Monday, November 22, 2010 at 1:00PM AND FIVE STRATEGIC REASONS YOU SHOULD BE DOING IT NOW
Four thousand years ago, the ancient Egyptians began hanging up papyrus scrolls that advertised everything from cornmeal to camels. Suddenly, a new marketing medium was born and business would never be the same. Shopkeepers and traders now had a cheaper, more efficient way to market their products (imagine the benefits of not having to chisel your sales pitch into stone!).
Obviously, the art and science of marketing has come a long way since that dramatic innovation of so long ago. In the last century, we’ve seen the addition of other marketing game changers in the forms of radio and television, with each demanding its own strategy. And, in the last 15 years, another revolutionary platform has emerged (you guessed it, the Internet) and with it has arisen yet another form of marketing — e-marketing.
WHAT IS IT? SIMPLY PUT, E-MARKETING IS THE PROCESS OF MARKETING A BRAND USING ELECTRONIC MEANS, PARTICULARLY THE INTERNET
This happens through websites, emails, banner ads, blogs, social media and search engine optimization among others. For most businesses today, e-marketing is, or should be, part of their overall marketing strategy.
E-marketing (also often called online or Internet marketing) aims to attract new business, retain current customers and strengthen brand identity and loyalty.
however, unlike other more “traditional” forms of marketing, e-marketing enjoys the pronounced benefit of yielding a much higher return on investment (ROI)
Just as with other forms of marketing, the key to success with e-marketing is designing a clear strategy and then creating the means (website, email, online ads, etc.) to execute that strategy.
that’s why it’s always wise to consult with experts who can help you develop an e-marketing strategy from scratch or overhaul an existing one that needs refinement or replacement
SETTING YOUR E-MARKETING GOALS
When developing an e-marketing plan, it’s vital to keep the following objectives in mind (before having a website or other online tangibles created) to achieve the best results:
- increase sales —This should be the primary purpose of your e-marketing strategy, even if you aren’t operating an e-commerce site that actually sells products online. The fact is you are always building your brand and reinforcing customer confidence, interest and loyalty. Today’s customers often go online for information before making a buying decision. So, while you may not receive direct online revenue, you could see significant increases in revenue because of buying decisions directly influenced by your e-marketing efforts.
- decrease costs — As mentioned earlier, the costs associated with e-marketing are substantially less over the long run compared to other forms of marketing including print, radio and television. Money, time and resources are saved and costs per transaction are significantly less than over the phone or in person. Customers like online transactions because, if done right, they are quick, easy and cost them less time and effort.
- build the brand — Careful thought must be given to how your e-marketing efforts will impact and build your brand. Brands are critical to increasing recognition, trust and strengthening relationships between you and your customers. Your website, online ads, email campaigns, e-newsletters, blogs and social media efforts all should integrate to make your brand stronger.
- increase value to customers — When customers visit your website or encounter any of your electronic communications, they should have an exemplary experience that makes it easy and pleasant for them to get information or conduct transactions. They should be given reasons to visit again and a chance to offer feedback on your products, services and presentation. Importantly, online customer requests/feedback ought to be handled quickly to further enhance your reputation and validate your e-marketing efforts.
- build relationships — It may seem counterintuitive since the Internet isn’t an interpersonal medium, at least in the traditional sense, but e-marketing can help you create and reinforce relationships with your customers. Various tools can allow you to track your customers’ online behavior so you can respond better to their needs. Also, it is an inexpensive way to collect data, query your customers and respond to their input and queries. This fosters a kind of dialogue that if handled promptly and carefully, will only serve to bolster your relationship with them.
written by Scott Wigton
tMOSS |
Post a Comment |
Blogging,
Business,
Eccommerce,
Email,
Marketing,
Strategy,
Website ROI in
Newsletter 