e marketing
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e-marketingTRANSCRIPT
Research & Report Kamran 6118
Preface
Chapters Page
1. Introduction to E-Marketing 6
2. Hypothesis 9
3. Research Design and Methods 13
4. Data Collection Methods 16
5. Sampling Design 18
6. History of E-Marketing 20
7. Merits and Demerits 23
8. Growth and Development 27
9. Advertising Cost 29
10. Strategies to Enhance E-Marketing 31
11. Mass Communication 38
12. Why the Top Ten Results? 39
13. Search Engine Optimization (SEO) 40
14. Ending History of Internet
Advertising
48
15. References 49
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RESEARCH & REPORT
RESEARCH TOPIC:E-MARKETING
SUBMMITTED BY:Kamran Ikram
ROLL NO:6118 ( MBA Evening) 4th Semester
SUBMMITTED TO:
Prof. SOFIA WALEED
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Dedication
I dedicate my whole efforts in working this project to
“My affectionate & kind parents, teachers,
my juniors & to all people who guided me &
provided information related to it”
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Acknowledgement:
Firstly, I would like to thank my
ALMIGHTY ALLAH
For giving the ability, opportunity and strength to do this task and everything else in our lives. All my efforts on this project & everything else are for his Glory and not our own.
A good Teacher is a blessing of Allah that’s why I’m also greatly thankful to my dear
“Prof. SOFIA WALEED”
For her kind guidance and supervision. She motivated me to work hard and to achieve high-level performance. I also thank to the staff of Superior College who co-operated with me.
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Introduction to E-Marketing
E-Marketing is also known as Internet
marketing & it is a component of
electronic commerce. E-Marketing can
include information management, public
relations, customer service, and sales.
Electronic commerce and E-Marketing
have become popular as Internet access
is becoming more widely available and
used. Well over one third of consumers
who have Internet access in their homes report using the Internet to make
purchases.
My research proposal is on E-Marketing and its practical implementation of
it in which I will try to find out why the net era needs more innovation and
how to get people attracted towards the net advertising.
For this I have selected and done research work on the net and finding
solutions to the problem and for future how it can be overcome. My
research is totally based on pure research that is basic research.
In my research design I am trying to explain the study, which I use in my
problem area of how to get people attracted towards E-Marketing and the
future of E-Marketing. I have explained the study, which I used, is
descriptive, type of investigation is correlation, study setting is non-
contrived and time of horizon is Longitudinal and then I explain the data
collection methods. There are different types of data collection methods but
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I selected those methods, which I think is necessary for my research. Data
collection methods which I have selected are interview, questionnaires, and
observation method and come up with findings and solution for it because
research is conducted to eliminate the broad problem area. The basic aim
of research is to understand the facts and reality. But there is a need to
provide proper platform to express their efforts. We put our efforts into it as
much we can. Although there is a deficiency in it and every suggestions
and improvement are welcomed.
Check Out Some E-Commerce Ready Websites
International Websites
http://www.tigerdirect.com
http://www.deals2buys.com
http://www.ebuyer.com
http://www.ebay.com
http://www.bestbuyer.com
Local Websites
http://www.shophive.com
http://www.beliscity.com
http://www.pakgsm.com
http://www.galaxy.pk/
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Objective:
o Strategies to develop E-Marketing.
Problem statement:
o Why people are not attracted towards E-Marketing.
o E-Marketing Future.
o Utilization of Resources.
o Abuse.
Reasons:o Wastage of time in the peoples mind.
o Wrong facts and Quality.
o Late Delivery Time.
o False Deductions.
o Fewer features in the product.
o Sometimes there is not proper feed back to the buyer
and the amount has been deducted from his account.
o Fear of Hackers on the net.
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Hypothesis
a) Mass Communication Equals Better Marketing because it gives the chance for the people to look for what they are demanding.
b) E-Marketing Today with the concept of globalization is expanding businesses through effective techniques.
c) Search Engine Optimization relevant information should be given on the net for products to satisfy customers and potential users.
d) Search for Marketing Perfection such tools are to be designed which represented the true picture and association with customer objectives.
e) Textual Advertising should be compact and precise because too much information is difficult to handle so graphical representation is essential.
f) Directories & Search Engines should be on the target of providing accurate information to the required tasks.
g) Advertising causes costs because costs is an essential feature & should be look after before the launch of anything.
h) Potential for deception according to understanding of others representation must be designed according to there intellectual level.
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he Internet has emerged as an important medium for
advertising, direct marketing, communication and electronic
commerce. Rapid expansion of the Internet user base and the
unique advantages of Internet Advertising have spurred businesses to
devote larger portions of the marketing budgets to E-Marketing.
TAdvertising on the Web is fundamentally different from advertising on
other media. The ability to target and interact with your customers on
the web brings an entirely new edge to marketing. The
nicepakistan.com offers the best of the web – audience, desirable
demographics, superior content and flexible ad programs designed to
get your results. Internet advertising in the entertainment and Telco
sectors is set to explode in Pakistan. An article on Pak Tribune reveals
details of a study of the Internet and Online Association (IOA), which
has estimated that the number of Internet users will go up to 100
million by 2007. Given such numbers, the IOA expects E-Marketing will
grow exponentially.
It is an attractive and inexpensive advertising medium. Your company
services or product is advertised, globally, 24 hours a day, 7 days a
week, even on holidays and weekends. Internet Advertising is multi-
layered. You can include photographs, maps, list, financial information
and graphs, brand advertising, as well as other product information.
Electronic Advertising can be updated regularly. Your customers can
make contact with you directly and interactively.
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In Pakistan the area of E-Marketing is not developed yet because there
are not many organizations, which are operating on the net. Managers
still believe on the manual work but due to the investments in Pakistan
it is now emerging towards Internet and is starting to think about the
advertising and promotion on the net because the people living in
Pakistan are now addicted towards net and have a much time for
surfing.
Some new firms in the Market are adopting strategies that are good for
them as well as for its customers because they are totally customer-
oriented and are focusing on Net Advertising that saves time for the
Managers to think and get results.
As we know that the net users of Pakistan have a great mind of
Internet but still they think negative. I am talking about Hackers, the
individual, group or teams which work for their own benefits and cause
troubles to others. These try to find the password of the net users
having master card and then shop with those cards illegally.
If you are planning on using the Internet to sell your own products on-
line, there is no need to do all of the selling yourself. Just like the major
on-line retailers have created affiliate programs to increase their sales,
there is no reason that you cannot do the same with your products.
Since you only need to pay your affiliates when they generate sales,
there are some real advantages to pursuing this course.
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To create and affiliate network you must first determine how much
money you can afford to give away on each sale. The more popular
affiliate programs have thousands of web sites that are members and
generate tremendous revenue. The more you are willing to pay your
affiliates for each transaction, the more web sites you will be able to
ultimately attract to your affiliate program.
The key to being able to compete for market share in any retail venture
you may operate on the Internet is the ability to complete the sale on
the spot. If you don't, someone else will. Almost all sales on the web
are completed using secure, on-line, credit card transactions. This is
the preferred method of payment for both buyers and sellers as the
process is entirely automated and can be completed in less than two
minutes.
There are a number of other, also important accessories that will help
a business web site function more smoothly, and these have been
organized on our E-Commerce Accessories page.
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Research Design and Methods
n doing the research we have to go through the whole research design and lot of different methods for conducting the research. The whole research design is as follow:I
1. Purpose of Study: In purpose of study there are three types of
studies involved in it, which are:
a) Exploratory study
b) Descriptive study
c) Hypothesis testing
Descriptive study
The study used for this thesis is Descriptive Study because
some research is done before on E-Marketing and we just have to
do the critical analysis on that research. We have to study that what
work was being done on the past and what improvements are going
to come in nearby future.
2. Types of investigation:
There are two types of investigation, which are
normally used:
a) Causal relationship
b) Correlation
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Correlation
The investigations, which were used in our research, are
correlation because we are doing a field survey. Correlation is done on
field survey and causal is done on lab experiment by actually seeing
something happening with your own eyes.
3. Extent of researcher interference with the
study:
The research interference is moderate because researcher
involvement in the natural environment of the workflow is very low.
Because researcher just have to collect and analysis the data and
come up with the findings. Although researcher interviews employees
and administers questionnaires at the work place. But if we compared
with the causal study then it is very low. Because in casual researchers
directly interferes in the events.
4. Study setting:
There are two types of studies, which are involved in research design,
which are:
Contrived
Non-contrived
Non-Contrived
The study, which used in our study, is non-
contrived. Because we doing the research in natural environment.
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5. Unit of analysis:
The unit of analysis is banking industry/sector
6. Time Horizon:
The time horizon in my research is Longitudinal
because you have to keep on gathering data.
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Data Collection Methods
The method, which I am using for my research are only two from
these:
a. Interviews
b. Questionnaires
c. Observation
Interview:
Communication between two or more persons used for purposes such
as diagnosis, education, counseling, or to obtain information. Interview is a
good source of collecting data from individuals but has a demerit that it takes a
lot of time interviewing individuals.
There are two types of interviews:
a. Structure interview
b. Un structured interview
Structure Interview
In structure interview there is a list of question, which is
structured before we conduct an interview. In my research, structure interview
is very important because when I have a list of question available then I cover
the most specific area of motivation.
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Un-Structured Interview
Unstructured interview are those interview in which
question are not properly structured the question are derived from
respondent answers which he gives. In my research unstructured
interviews are also very important because through this I cover those
areas, which I cannot cover with structure interviews.
Questionnaires:
A questionnaire is a set of questions or items in written
form that is self-administered. Questionnaires should be used to obtain
that in figures and we evaluate very effectively. In my researching point
of view it’s also important to gather the information.
Observation:
In observation method we observe the employee and give
result. In my research point of view it’s also important to use this method by
observing the market conditions and sees what the latest technology on net
is.
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SAMPLING DESIGN
Population: Population refers the
entire group of the people, events, or
things of interest that the researcher
whishes to investigate.
Sample: “A sample is subset of the population. It comprises some members selected from it”
OR
“Some but not all the elements of the population would form the sample”
Sampling:
Sampling is the process of selecting the sufficient number of the
elements from the population, so that a study of the sample and an
understanding of its properties or characteristics would make it possible for us
to generalize such properties or characteristics to the population elements.
Sample Size:
In my research sample size is of 15 from whom we are going
conducting research for this I completed questionnaire by the people
around me and specially the net users which are surfing on net and
doing business for there organizations.
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Sampling Technique:
The random sampling is involved which allows us to collect data from anyone and choose randomly from sample size.
Type of Interview:
A. Structure InterviewB. Unstructured Interview
I. Structure Interview
Structure interviews are those in which you
asked from your required candidate prepaid questions. You design
these questions and asked from the people.
Reason:
The reason of the structure interview in my thesis is that that I
will just get information from a limited number of people (net users) of
the selected industry.
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History of E-Marketing
Marketing first began in the early 1990s
as simple, text-based websites that
offered product information. Over time
Internet marketing evolved into more than just
selling information products, there are people now
selling advertising space, software programs,
business models, and many other products and
services.
E
When advertising is considered from its entire history it is not
surprising at all that it currently maintains such a significant factor in
our lives and society. The history of advertising can be traced all the
way back to the people of Babylonia and was present in several
societies from that time forward. Moving forward outdoor advertising
was implemented announce such things as properties for rent and
sites where food and drink was available in places such as Rome.
Advertising is any paid form of non-personal communication about an
organization, product service or idea by an identified sponsor.
Advertising was originally established in print media, such as
newspapers and magazines, and followed onto the television and radio
broadcast scene. However, focus has started to shift away from the
traditional print and broadcast media, and towards the growing E-
Marketing industry. Advertising has found a whole new medium with
which to communicate to customers. As the new millennium begins,
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we are experiencing perhaps the most dynamic and revolutionary
changes of any era in the history of advertising. These changes have
been driven by advances in technology, and developments have led to
the dramatic growth of communication through interactive media,
particularly the internet. The E-Marketing industry is growing and
developing at a rapid rate.
Since 1994 when online advertising originated, the industry has faced
many obstacles. After the dot com crash in 2001, E-Marketing's
success diminished, but has since re-established itself and is now a
thriving $8.4 billion dollar industry. The use of E-Marketing as an
advertising medium is increasing in popularity at a fast pace. It is
projected that the E-Marketing industry will to grow three times faster
than advertising in any other medium.
Businesses are beginning to evaluate the advantages and
disadvantages of advertising online. Businesses are recognizing that
by advertising online, their message is communicated in a fast and
efficient way, while not only interacting with customers, but establishing
a one-to-one dialogue. E-Marketing's potential as a low cost channel
for doing business directly with customers is viewed as a major
advantage of advertising online. Many companies recognize the
advantages of communicating via the internet and are developing Web
strategies and hiring interactive agencies specifically to develop their
websites and make them part of their integrated marketing
communications program.
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Creative and innovative advertisements can be displayed online. As an
advertising medium the internet provides great potential in captivating,
engaging and interacting with audiences. A variety of different
advertising formats can be used to communicate a particular message
to consumers. Each online advertisement format has its own
attractions and limitations. For example, when a user clicks on a
banner advertisement, that click can accurately track their campaigns
in terms of how many people actually read the advertisement and go
through the site. Banner Mania Advertising provides an in depth view
into a banner advertising network, which allow businesses to utilize
their banner advertising space while earning revenue. Advertisers
calculate the cost and success of their campaigns relative to the
number of visitors and of money-earning clicks.
In recent years the internet has become an essential element in
advertising strategies. Three major areas are expected to grow: paid
search, display advertisements and internet banners and classifieds
are all predicted to be the biggest growth areas in E-Marketing.
Concluding, advertising should be used in the marketing
communication mix to maximize its strengths, which should be
analyzed relatively to other marketing communication tools.
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Merits and Demerits
Merits :
Some of the benefits associated with E-Marketing
include the availability of information. Consumers can log onto the
Internet and learn about products, as well as purchase them, at any
hour. Companies that use E-Marketing can also save money because
of a reduced need for a sales force. Overall, E-Marketing can help
expand from a local market to both national and international
marketplaces. And, in a way, it levels the playing field for big and small
players. Unlike traditional marketing media (like print, radio and TV),
entry into the realm of E-Marketing can be a lot less expensive.
Furthermore, since exposure, response and overall efficiency of digital
media is much easier to track than that of traditional "offline" media, E-
Marketing offers a greater sense of accountability for advertisers.
Compared to the other media marketing (like print, radio and TV), E-
Marketing is growing very fast. It's also gaining popularity among small
businesses and even consumers when trying to monetize their blog or
website. The measurability of the internet as a media makes it easier
to experience innovative e-marketing tactics that will prove a better
Cost of Acquisition than other media. However, in most developed
countries, the E-Marketing and advertising spending is around 5% only
while TV, radio and the print.
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The first aspect of merits is the World Wide Web opens up new
communication possibilities for personalized messages to be delivered
to targeted individuals. By positioning an advertisement on a website
which relates to the target markets specific interests, interest and
further speculation should occur. Advertising online enables target
marketing, message tailoring, information access, sales potential,
creativity, exposure and speed.
Secondly, E-Marketing has the capability to reach a global audience at
a fast rate. This enables extensive exposure and is an important
characteristic of E-Marketing, and a major component of why E-
Marketing is so successful.
Thirdly, marketers undertaking new possibilities to perform traditional
marketing strategies in electronic environments push higher chances
to create synergy. Internet offers the best multimedia tools for
presenting information, through the World Wide Web, a hypermedia
environment. It is as further explained that it is a place where
marketers can present their information with pictures, animation, sound
and text. Indeed the power of Internet has impact on the multitude of
advertising formats. This can be seen from the numerous web tools
such as banners, rich media and interactive broadband commercials
as seen on the websites nowadays. These are the multiple forms of E-
Marketing tools used by advertisers over the time aiming towards
developing exciting, interactive, eye catching advertisements that can
draw consumers’ attention, at the same time increasing their brand or
sales online. Strauss and Frost (1999, 2002) states that the Net’s big
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strength is direct response advertising where direct response
leverages the Internet’s unique opportunity for two way communication
with consumers. Placing advertising in this environment will grants
advertises unique opportunity for in the element of interactivity. When it
comes to measurability, online marketing certainly has an advantage
over traditional media, both real and perceived. Clicks are only the
most basic way online marketing programs can be measured.
The opportunities for creativity in E-Marketing are limitless. IAB (2005)
on the other hand had drafted out a very comprehensive set of 28
good reasons to use interactive advertising that places the overview of
interactive advertising merits. In the list, it provides 28 points on a
marketer’s potential uses of the internet and corresponds with 28 ways
of measure performance.
Advertising is more than just the means of disseminating product
information. It is a primary communications tool of our economic
system. Moreover, aside from its diverse role as a persuasive
communication tool, it is also part of the everyday culture of virtually
everyone. Actually advertising is a part of our social, cultural, and
business environment.
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Demerits:
Even though there are many advantages for
companies who advertise online, there are also some demerits
involved. Demerits of advertising online include:
Measurement problems.
Audience characteristics.
Potential for deception.
Costs.
Limited production quality.
Poor reach and lack of Intrusiveness.
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Growth and Development
n the early days, when static content was
used over the internet, any hyperlink from
one site to another could be considered as
an advertisement for the other site. Formally,
Internet advertising began in 1994, when the
first commercially available web browser, Netscape Navigator 1.0, was
released and the first ever banner advertisements were sold. Since
then, the E-Marketing industry has faced many obstacles in securing a
strong hold in today’s marketplace. As the Advertising Age reports:
Internet advertising is not only back, it's booming - and much of the
money is coming from traditional brand marketers. The boost in
advertising spending was led by a growing number of corporation’s
explosive growth of advertising impressions. Search engine
technologies created the highest level of buzz.
I
Online advertisers are continuing to demand more powerful advertising
models that better capture and sustain user attention, like the
emergence of real digital audio/visual approaching the standard-setting
slickness of television commercials. With online demographics
becoming more diverse and targeting becoming more precise,
advertiser spending on the Web clearly moved out of its experimental
stage during the past year.
NOTE:
U.S. E-Marketing spending is currently around $12 billion but expected
to go over $35 billion by 2006-2007.
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A BUSINESS DIES EVERY 2 HOURS
It's nice when you can open a business and attract new customers the
next day. It's great when a web site guarantees your profitability. But
none of those things happen without good planning. Without a good
plan, and the proper execution, businesses die very quickly.
3-RULES TO ATTRACT NEW CUSTOMERS:
Let people know you exist:
Advertise yourself if people don't know
where you are and what you do, they can't buy from you. Advertising
greatly increases your chances of success.
Don't scare the customer:
Make the customer feel comfortable with
your product or service. Provide an environment that they will feel safe
in. Make them feel good about spending their money. Don't scare the
customer.
Look the part:
Businessmen wear suits. Policemen carry guns. You
should effectively display your ability to attract new customers. You
can do the same when you look the part.
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Advertising Cost
Getting your message out costs money. You have
to spend money to make money. But if you plan to
advertise your business online, it also pays to know
your options before you spend money to make
money online. This is a basic fact of business. If
you don't spend any money, you won't be making any. Before you
spend money however, you have to know who your customer is. Then
you have to tell them what they want to hear. Once that happens you
will have attracted a new customer.
E-Marketing is the one tool that you can use to attract new customers
with a tight budget. Targeted e-mail campaigns, banner advertising
and newsletters can all be highly effective ways to attract new
customers. The key however is not in using them (because anyone
can do that), but in using them correctly.
Give people reasons to buy online:
Good advertising techniques are useless
without an effective message. An effective
message gives people reasons to spend their
money with your business. An effective
message attracts new customers.
Here's a little psychology tip for you. Have you ever wondered why you
see prices like $19.99 instead of $20? It's because $19.99 looks better.
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Although it's only a 1-cent difference, you are giving people less
psychological resistance towards buying.
Here's another tip for you. Start with high prices, and then put things on
sale. People are more likely to buy something when they know they
are saving money. So instead of selling your product for $19.99, sell it
for $49.99 and mark it down to $19.99. You won't be able to keep them
in stock!
Advertising is like any management task; you need a plan to be
successful. Creating that plan is what we call marketing and clever
marketing will help you get the most from your advertising dollars? One
common mistake shop owners make is that they often advertise before
they create a marketing plan.
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Strategies to Enhance E-Marketing
To help you start selling online, and to help you obtain the most from
your advertising dollar, we researched some of the more popular ways
to advertise by soliciting the advice of advertising experts. Here's what
we found out about the following advertising options.
A. Online Publications
You may think having a World Wide Web site
is a necessity for selling online, but that isn't true. Just
as some successful businesses are mail order-only
operations with no store for customers to shop in, you can attract
consumers on the Web without going to the expense of building and
maintaining a site.
One way to do this is to advertise your business in an online
publication, such as a newspaper or magazine, just as you would in a
paper publication. David Adams is the committee chair for the Internet
Advertising Bureau (IAB) Road Show and advertising director for
Christian Science Monitor Interactive. He suggests you find online
publications that your niche market reads and then advertise through
them. Not only are you advertising to your best potential customers,
you will probably pay half as much to advertise in an online publication
than you would in a search engine.
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B. Directories & Search Engines
If you own a gas station, motel, or restaurant near an
interstate, you would probably advertise on a billboard along the highway
to alert motorists that your business is ahead and ready to take care of
their needs. In the same way, if you plan to advertise on the information
superhighway, an obvious place to do so is at high-traffic areas where
you'll have the largest possible audience. . Directories, search engines,
and browser home pages, such as Netscape Navigator's and Microsoft
Internet Explorer's, are where people go to "find out where to go" on the
Web
One of the more popular directories is Yahoo! (http://www.yahoo.com). It
offers a variety of advertising options for businesses ranging from mom-
and-pop shops to corporate giants.
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C. Banners Ads
If you spend much time on the Web, you've probably seen hundreds of
banner ads. They come in different sizes, but generally are
rectangular- or button-shaped graphics with a few enticing words that
invite the Web user to "click here" for more information about a
company or product. So popular are these ubiquitous ads that Jupiter
Communications reports that they currently comprise 80% of online ad
placements.
In an intensive study about the effectiveness of banner ads, conducted
by MB-interactive, the IAB found that a single exposure to a banner ad
can generate increases in brand awareness, brand perception, sales
potential, and consumer loyalty. Amazingly, most of this increase
comes without a click-through to the advertiser's Web site. In fact, the
study found that banner exposure alone accounts for 96% of "brand
enhancement." You shouldn't consider buying a banner ad without
being aware of the click-through rate, which is the number of times
Web users actually click your banner to jump to your site. Though the
importance of the rate in generating sales of your products is
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debatable, you may be able to negotiate your ad price based on the
click-through rate of your banner ad. The companies, which are small
in size or having little investment, need to go through click-process
because this will be more efficient for them and will help them in
developing strategies for future.
There are two schools of thought about click-through results. One is
that they aren't that important because the banner is creating or
reinforcing brand impression. Large, well-known companies such as
Ford Motor and Nike can "effectively use banner ads to create that
impression,” The banner simply reminds the consumer about that
brand. The company doesn't need the user to jump to its Web site to
place an order because he or she can buy that kind of car or that brand
of shoe virtually anywhere.
For the small business, however, click-through results are more
important because it probably can't rely on the banner itself to create
brand impression. "A small company needs a very clever banner to
create brand awareness, to help its product stand out from the rest,
and to make the Web user want to click on it,"
You can negotiate banner ad rates in a number of ways. One is
determining an ad rate based on the number of impressions, or a
page view, your ad receives in a given amount of time. Another
profitable option is to pay per click, instead of paying an upfront fee.
Other payment options include revenue sharing, or paying based on
what you sell as a result of the click-through, or a combination of cost-
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per-click and cost-per-acquisition. Nowadays companies are using the
second option click-through one because it is less risky but we know
that advertising itself is a risk which every businessman has to take to
promote his product or brand name in the market.
D. Web Sites
Regarding Web sites, a small-business owner must answer
two questions: should you have one, and if you do, should you hire
personnel to create and maintain it, or let an advertising agency or
service bureau do that?
As we already mentioned, it's not imperative that you have a Web site
if you advertise on the Internet. If they are interested in your product or
services, many consumers will be satisfied reaching you over the
phone. But if you choose to have a site, you must have the power to
handle questions and orders that will come to you online.
If you own a small business, it's more likely you'll turn to an ad agency
to help create your site. An advertising expert can help you decide
which parts of the site need to be updated, and how frequently, and
which can remain static. An agency also can write press releases,
news articles, and new product announcements that should appear on
your site.
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E. Other Options
Some businesses like to use micro sites to do special, one-
time promotions that they don't want to tie in to their main site. A micro
site is a Web page used for a specific, limited purpose, such as
announcing a special event or offer.
There are various ways available to host a micro site, whether it is
done by your business (or whoever is hosting your main Web site) or
by an advertising firm.
Just as they can conduct business in a mall made of bricks and mortar,
retailers on the Web can be part of online malls, a collection of
cyberspace stores or sites. One option is to join the Web site run by
your city's chamber of commerce or tourism office, or set up shop at a
place such as Shops.Net (http://shops.net), an interactive mall that
allows store owners to change items and text instantly.
Another option is simply to link your Web site to any number of national
online malls. If you don't have an online store, you can set up one
through a number of services, such as iCat Commerce Online
(http://www.icat.com).
If you want to take your business directly to your customers, try
advertising with push technology. Using push technology, programs
such as PointCast deliver information automatically to a Web user's
hard drive, where he or she can call it up at his or her convenience.
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Another minor option is interstitials, or advertisements that "pop up"
on a user's screen. Williams likens them to an Internet commercial.
They appear between Web pages so they are not as intrusive as, say,
a television commercial.
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Mass Communication Equals Better Marketing
After the introduction of Netscape, the public—for the first time ever--
could see the immense potential of the Internet as a source of mass
communication. Marketing experts especially, were very aware of the
‘advertisement power’ of the Internet and were anxious to test ‘the online
waters’. In October of 1994, the HotWired Website launched ads from
AT&T, Sprint, MCI, and Volvo, among others. Roy Schwedelson, during
a DMA conference in Toronto also urged direct marketers to get
involved with the Internet. These initial actions were the cornerstones of
the history of Internet Advertising.
E-Marketing Today
What is the most important change that has
occurred between then and now? Where has the
history of Internet advertising been and where is
it going? The answer is that Internet advertising
is no longer a cheap set of banners, ads, and
Spam material. Today, Internet advertising gives customers the power to
find exactly what they want, so that companies don’t have to spend large
amounts of money trying to convince every person that their company’s
product is the best. However, it a company’s responsibility to make sure
those online shoppers can gain simple access to their website. The
process of creating a direct avenue between qualified customers and
websites is referred to as Search Engine Optimization.
Why the Top Ten Results?
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Why the top ten results? Search engine statistics show that 88% of all
online consumers use search engines to find the products and services
that they need. This means that if your company’s website is not ‘search
engine friendly,’ then your company is losing money from potential
customers who are already searching for your product. Converting your
website to a ‘search engine friendly’ website requires that your website
have the characteristics that search engine robots are looking for. These
characteristics are in reality controlled by complex algorithms, but many
E-Marketing companies—especially companies such as 10x Marketing,
which implement services based on scientific studies and Internet
statistics have recognized the basic characteristics that search engines,
are looking for. These characteristics may include specific keyword/text
ratios, back links type of Web design, etc. One of the more popular
directories is Yahoo! (http://www.yahoo.com). It offers a variety of
advertising options for businesses ranging from mom-and-pop shops to
corporate giants. AltaVista, a popular search engine, has a partnership
with Double-Click (http://www.doubleclick.net), a top advertising
network on the Internet. It offers a wide range of advertising packages,
from small businesses to international corporations. When I visited the
site, Double-Click was offering first-time advertisers a one-month trial
program with two options. The first option paid for 100,000 banners
across the Double-Click network for $3,000. The second option, priced
at $4,500, paid for 100,000 banners to appear in a selection of
categories on the network.
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Search Engine Optimization (SEO)
Search Engine Optimization can be divided into two categories:
Natural Search Results and Pay-Per-Click Management.
The pay-per-click is growing with vast rate because companies are
developing innovative and creative search engines, which operate
easily and give accurate results. The pay-per-click results are shown in
such a way that only these are the engines, which will give 100%
accurate results.
Search engine optimization (SEO), considered by many to be a subset
of search engine marketing, is a term used to describe a process of
improving the volume of traffic to a web site from search engines,
usually in "natural" ("organic" or "algorithmic") search results. Those
efforts may also be seen in more narrow vertical search engines
involving areas such as local search. Many site owners and
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consultants engaging in SEO attempt to pursue qualified visitors to a
site, and the quality of visitor traffic can be measured by how often a
visitor using a specific keyword phrase leads to a desired conversion
action, such as making a purchase, viewing or downloading a certain
page, requesting further information, signing up for a newsletter, or
taking some other specific action.
In a broad sense, SEO is marketing by understanding how search
algorithms work and what human visitors might search for, to help
match those visitors with sites offering what they are interested in
finding. Creating web pages with SEO in mind does not necessarily
mean creating content more favorable to algorithms than human
visitors. Some SEO efforts may involve optimizing a site's coding,
presentation, and structure, without making very noticeable changes to
human visitors, such as incorporating a clear hierarchical structure to a
site, and avoiding or fixing problems that might keep search engine
indexing programs from fully spidering a site. Other, more noticeable
efforts, involve including unique content on pages that can be easily
indexed and extracted from those pages by search engines while also
appealing to human visitors.
The term SEO can also refer to "search engine optimizers," a term
adopted by an industry of consultants who carry out optimization
projects on behalf of clients, and by employees of site owners who
may perform SEO services in-house.
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Search engine optimizers often offer SEO as a stand-alone service or
as a part of a larger marketing campaign. Because effective SEO can
require making changes to the source code of a site, it is often very
helpful when incorporated into the initial development and design of a
site, leading to the use of the term "Search Engine Friendly" to
describe designs, menus, content management systems and shopping
carts that can be optimized easily and effectively.
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Users of Advertising on net in U.S:
The Future Looks Rich
“Rich media” is a term used to describe a variety of E-Marketing media
experiences, including high-quality animation, streaming audio and
video, and software-like features that can be embedded in relatively
small ad files, such as games, registration forms and detailed
marketing information. A user can explore all of those features in the
ad unit without ever leaving the content page on which the ad appears.
But by far the most popular is Macromedia’s versatile and widely
supported Flash software platform. According to Nielsen//Net Ratings
Ad Relevance, 97% of the advertising it classifies as “rich media” is
Flash-based. For brand-oriented advertisers, features such as video,
audio, animation and a framework for impressive marketing content
are effective for achieving brand objectives such as awareness and
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message association. For direct marketers, rich media ads can help
better pre-qualify leads by presenting information-rich ad content that
consumers can read before they click through to the advertiser’s site.
Rich media has risen steadily in popularity with advertisers over the
past five years, reaching a 35% share of all ad impressions by
December 2006, according to Nielsen//Net Ratings Ad Relevance.
Search for Marketing Perfection
Meanwhile, the drive for more accountability in marketing has helped
drive a tremendous boom in search advertising. In its present form,
search advertising is at once starkly simple, bafflingly complex and
highly effective. In principle, search advertising is elegantly
straightforward: advertisers bid on keywords to affect the rank
positions of their text ads on search results pages, aggregated data for
all 2005 ad impressions, and they pay only when a person clicks on
their ad. The complexity comes into play both in terms of the dynamic
auction environment of price for position, as well as in the seemingly
infinite motivations behind the query behaviors of search engine users.
The roots of the search advertising date back almost as far as search
engines themselves. The same year that Yahoo! Incorporated, 1995,
another early search engine, InfoSeek, introduced the concept of
targeting ads to keyword search queries, albeit against display banners
not text ads. Another milestone in this form of advertising came in 1996
when
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Procter & Gamble pioneered an important online pricing model,
convincing Yahoo! it would pay for ads only on a cost-per-click basis.
Other search engines mostly took the cue and resisted sponsored text
links until the business incubator Idea lab! Introduced GoTo.com in
1998, which revived the practice of clearly labeling text ads on search
engines too much greater success.
Textual Advertising
Textual advertising is a paid assortment of announcements which
appear on the first pages of results in search engines (Google, Yahoo,
Overture, etc.). They have recently become an important consideration
when marketing a company’s web site in NY. The times the
advertisement appears depends on the keywords and web design
chosen by the website marketer, in addition to appearing as “text”
rather than a graphic or banner. Therefore, such advertising is referred
to as "textual". It is a rather new kind of advertising on the Internet.
However, the market for textual advertising is constantly expanding,
and the sales volume generated through search engines increasing.
There are many advantages which have made textual advertising
attractive in advertisers’ opinion.
First advantage is connected to the principle of cost - in most cases
you pay not for the amount of times the ad is displayed, as in banner
advertising, but only when users "click" on your textual advertisements.
The second advantage is that even the basic advertising platforms
offer well developed systems for results reporting, the tools to choose
a target audience and to predetermine campaign expenditures. This
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allows advertisers to control the budget and target customers for each
keyword (such as “web design”), or geographic area (such as New
York, NY) of your advertising campaign.
Overall, many E-Marketing experts agree that textual advertising is the
wave of the future, and will soon either almost or entirely replace
banner, graphical, and other forms of untargeted, obtrusive and
annoying E-Marketing.
Offline Advertising
As E-Marketing has become more and more prevalent, and has taken
a larger proportion of an advertiser's budget, the phrase, and concept
of, offline advertising - i.e. any advertising not done online, has
begun to get some traction. The phrase is generally used in the context
of an advertising campaign that takes place on the web and through
other media that is a "cross-media" campaign.
Figure 8
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E-Marketing Builds Brands:
E-Marketing Builds Car Brands:
Ending History of Internet Advertising
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Modern E-Marketing consistently provides a cost-effective service,
which provides a greater ROI for your company. Although there is a
tough competition on Internet and the users are having difficulties but
the designers are keep on developing unique strategies to keep the
users on the net and increase there profits. People are getting more
and more towards the net, because they have less time for there
personal lives and more for there work. Therefore, by advertising on
the net we can give them such benefits that will facilitate them in future
also by increasing our profits.
The Internet will be keep on using by the users of net and the shopping
will never end because:
“In Business Time is Money”
“I have never failed in my life because from every failure I learned
something”
“I can’t teach people but I can let them think”
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References
(Source: Worldata, http://www.worldata.com/wdnet8/articles/the_history_of_Internet_Advertising.htm)(Source: Worldata.com)- A History of Internet Advertising
Davis, J. 2000. A Guide to Web Marketing: Successful Promotion on the Net. UK: Kogan Page Limited. ISBN 0749431857
Janal, D. S. 1995. Online Marketing Handbook. New York: Van Nostrand Reinhold. ISBN: 0442020589
Strauss, J. and F. Raymond. 1999. Marketing on the Internet: Principles of Online Marketing. New Jersey: Prentice Hall Inc.
Oser,K(2004),'Internet advertising reaches $2.3 bil high',Advertising Age,May 31 2004.
1. www.ciaadvertising.org2. www.doubleclick.net3. www.adage.com4. www.banner-mania.com5. www.searchenginewatch.com6. www.googlee.com7. www.scholar.google.com8. www.wikipedia.org
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Superior University Lahore
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