Saturday, September 12, 2015

Internet Marketing

What is internet marketing
 
Internet Marketing often called online marketing or eMarketing – is essentially

any marketing activity that is conducted online through the use of internet

technologies. It comprises not only advertising that is shown on websites, but

also other kinds of online activities like email and social networking. Every aspect

of internet marketing is digital, meaning that it is electronic information that is

transmitted on a computer or similar device, though naturally it can tie in with

traditional offline advertising and sales too.

Internet marketing has three cornerstone principles:

1. Immediacy. The web changes at a blistering pace and online audiences, whose

attention spans are short, expect on-the-minute updates and information.

To keep the favour and attention of this group, you must respond to online

messages and interact with communities as quickly as possible.

2. Personalisation. Customers online are no longer faceless members of a broad

target audience – they are individuals who want to be addressed personally.

Use the wealth of personal information available online to your benefit by

targeting the relevant people precisely and personally.

3. Relevance. Communication online must be interesting and relevant to the

reader, otherwise it will simply be ignored. With all the information that is

competing for your audience’s attention, you must find a way to stand out

and engage readers. The best way to do this is by giving them exactly what

they want, when they want it.

Throughout this course, you will learn tips and techniques for making all your

online communication more immediate, personal and relevant.

Hotmail links its users
 
One of the earliest internet marketing success stories is Hotmail. Hotmail

launched in July 1996 as one of the first free webmail services available to the

public. It garnered a respectable but hardly ground breaking 500,000 users by

December 1996. Then, a small and brilliant idea made the service’s users increase

exponentially: Hotmail added a short description and link to the signature of every

email sent over its network, encouraging readers to sign up for their own free

account.

The signature was attached to emails that went out, sent by users at no extra cost

to themselves or the company, and the message benefitted from the perception

of peer recommendation – if a colleague or friend was using and promoting the

service, it must be worthwhile. A year later, in December 1997, Hotmail had

8.5 million subscribers, and it continued to grow, surpassing 12 million in 1998.

Considering that there were an estimated 70 million web users in December 1997,

Hotmail held well over 10% of the market. The company was sold to Microsoft

eighteen months after launch for $400 million. This remains one of the simplest,

smartest and most effective marketing strategies of the early web.
 
 

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