A Critical Review of Digital Marketing: October 2018
A Critical Review of Digital Marketing: October 2018
A Critical Review of Digital Marketing: October 2018
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Author :- Co-author :-
Dr. Madhu Bala Mr. Deepak Verma
(Ph.D, M.Phil, M.Com, B.Com, B.Ed, UGC-NET) (Bachelor of Mechanical Engineering)
Affiliation:- Affiliation:-
Dr. Madhu Bala w/o Mr. Deepak Verma Mr. Deepak Verma
House No 152/5, Saraswati Sugar Mill House No 152/5, Saraswati Sugar Mill
Colony, District: Yamuna Nagar, Colony, District: Yamuna Nagar,
Pin: 135001, Pin: 135001,
State: Haryana, State: Haryana,
Country: India Country: India
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Email: [email protected] Email: [email protected]
Abstract
This paper offers views on some current and future trends in marketing. The content is based on
recent literature and on what is happening in the business world. The paper is based on
secondary data. The paper is based on extant literature and internet sources. The various articles,
researches, reports, newspapers, magazines, various websites and the information on internet
have been studied. We experience a radical change in India towards the digitalization. The
consumer are looking and searching more on internet to find the best deal form the sellers around
India as compared to traditional or conventional methods. In this study, we acknowledged that
businesses can really benefit from Digital Marketing such as search engine optimization (SEO),
search engine marketing (SEM), content marketing, influencer marketing, content automation, e-
commerce marketing, campaign marketing, and social media marketing, social media
optimization, e-mail direct marketing, display advertising, e–books, optical disks and games and
are becoming more and more common in our advancing technology. It is demonstrated that we
all are connected through whatsapp and facebook and the increasing use of social media is
creating new opportunities for digital marketers to attract the customers through digital platform.
Awareness of consumer’s motives is important because it provides a deeper understanding of
what influences users to create content about a brand or store. Digital marketing is cost effective
and having a great commercial impact on the business. Based on this study, it can further be
argued that knowing which social media sites a company’s target market utilizes is another key
factor in guaranteeing that online marketing will be successful. The effectiveness of Internet
marketing with respect to different business can be analyzed. The study can further be extended
to compare the internet marketing techniques with specific to various businesses.
1. Introduction
Marketing is a restless, changing, and dynamic business activity. The role of marketing itself has
changed dramatically due to various crises - material and energy shortages, inflation, economic
recessions, high unemployment, dying industries, dying companies, terrorism and war, and
effects due to rapid technological changes in certain industries. Such changes, including the
internet, have forced today’s marketing executive to becoming more market driven in their
strategic decision making, requiring a formalized means of acquiring accurate and timely
information about customers, products and the marketplace and the overall environment. Internet
marketing involves the usage of the Internet to market and sell goods or services. Internet
marketing utilizes the power of electronic commerce to sell and market products. Electronic
commerce refers to any market on the internet. The electronic commerce supports selling,
buying, trading of products or services over the internet. Internet marketing forms a subset of
electronic commerce. With the outburst of internet growth, internet marketing has started
becoming very popular. It is said that Internet marketing first began in the beginning of 1990
with just text based websites which offered product information. With growth in internet, it is not
just selling products alone, but in addition to this, information about products, advertising space,
software programs, auctions, stock trading and matchmaking. A few companies have
revolutionized the way; internet can be used for marketing, such as Google.com, Yahoo.com,
Amazon.com, Alibaba.com and Youtube.com. This paper offers views on some current and
future trends in internet marketing.
2. Review of Literature
A number of research papers and articles provide a detailed insight on Internet Marketing. The
findings from the literature are presented below:-
Internet marketing has been described simply as ‘achieving marketing objectives through
applying digital technologies’ (Chaffey et al., 2009). Digital marketing is the use of technologies
to help marketing activities in order to improve customer knowledge by matching their needs
(Chaffey, 2013). In the developed world, companies have realized the importance of digital
marketing. In order for businesses to be successful they will have to merge online with
traditional methods for meeting the needs of customers more precisely (Parsons, Zeisser,
Waitman 1996). Introduction of new technologies has creating new business opportunities for
marketers to manage their websites and achieve their business objectives (Kiani, 1998). Online
advertising is a powerful marketing vehicle for building brands and increasing traffic for
companies to achieve success (Song, 2001). Expectations in terms of producing results and
measuring success for advertisement money spent, digital marketing is more cost-efficient for
measuring ROI on advertisement (Pepelnjak, 2008).
Today, monotonous advertising and marketing techniques have given way to digital marketing.
In addition, it is so powerful that it can help revive the economy and can create tremendous
opportunities for governments to function in a more efficient manner (Munshi, 2012). Firms in
Singapore have tested the success of digital marketing tools as being effective and useful for
achieving results. (Teo, 2005). More importantly, growth in digital marketing has been due to the
rapid advances in technologies and changing market dynamics (Mort, Sullivan, Drennan, Judy,
2002).
In order for digital marketing to deliver result for businesses, digital content such as accessibility,
navigation and speed are defined as the key characteristics for marketing (Kanttila, 2004). Other
tried and tested tool for achieving success through digital marketing is the use of word-of-mouth
WOM on social media and for making the site popular (Trusov, 2009). In addition, WOM is
linked with creating new members and increasing traffic on the website which in return increases
the visibility in terms of marketing.
Social media with an extra ordinary example Facebook has opened the door for businesses to
communicate with millions of people about products and services and has opened new marketing
opportunities in the market. This is possible only if the managers are fully aware of using the
communication strategies to engage the customers and enhancing their experience (Mangold,
2009). Marketing professional must truly understand online social marketing campaigns and
programs and understand how to do it effectively with performance measurement indicators. As
the market dynamics all over the world are changing in relation to the young audience
accessibility to social media and usage. It is important that strategic integration approaches are
adopted in organization’s marketing communication plan (Rohm & Hanna, 2011). With the
above reviews we can assume that GST is a tax reform which will change the scenario of the
country as a support for this review study.
Blogs as a tool for digital marketing have successfully created an impact for increasing sales
revenue, especially for products where customers can read reviews and write comments about
personal experiences. For businesses, online reviews have worked really well as part of their
overall strategic marketing strategy (Zhang, 2013). Online services tools are more influencing
than traditional methods of communication (Helm, Möller, Mauroner, Conrad, 2013). As part of
study, it is proven that users experience increase in self-esteem and enjoyment when they adapt
to social media which itself is a motivating sign for businesses and marketing professional
(Arnott, 2013). Web experiences affect the mental process of consumers and enhance their
buying decision online (Cetină, Cristiana, Rădulescu, 2012).
The Internet is the most powerful tool for businesses (Yannopoulos, 2011). Marketing managers
who fail to utilize the importance of the Internet in their business marketing strategy will be at
disadvantage because the Internet is changing the brand, pricing, distribution and promotion
strategy.
the ultra-rapid development of digital technology and social media, it is an enormous challenge
to keep track of those developments and to use them advantageously. That is why author felt a
need to focus on this in this study.
These questions will help us predict the trends in internet marketing and make suitable
suggestions to companies.
5. Methodology
The exploratory research is designed to allow an investigator to basically look around with
respect to some phenomenon, with the aim to develop suggestive ideas (Reynolds, 1971). This
study is exploratory in nature and includes both quantitative and qualitative analysis. As a
purpose of this study (critical review), data have been collected on all India basis. The secondary
data & information have been analyzed for preparing this paper extensively. The secondary data
& information have been collected from different scholars and researchers, published e-books,
articles published in different journals, periodicals, conference papers, working paper, company
websites for annual reports & CSR activity reports and their internal newsletters. The company
related data and information are used which is available publically on the websites of the
companies. This is the best/standard practice for a research which is a critical review type.
In fact, internet marketing includes the use of a company web site in conjunction with online
promotional techniques, such as banner advertising, search engines, PPC advertising, e-mail and
links or services from other web sites to acquire new customers. Many people can think that
internet marketing is just a website with its content, but it is much more complex. Internet
marketing is interconnection among the site portal, search engines, partner’s sites, blogs, other
site linking, B2B partners, customers, outsource partners and much more. For any type of
marketing is essential to have as large number of audiences possible, as long as Internet
marketing is concerned, the number of potential customers goes along with the usage of internet
itself, Refer Fig. 1.
Email 22%
61%
Website 18%
59%
SEO 45%
50% Most
50% Difficult
Social Media 41% Tactics
Fig. 2 shows that Email and Website constitute the most effective tactics and least difficult to
execute. In a study on “Digital Marketing Trends for 2017” by Dave Chaffey (April, 2017)
invited the views from Smart Insights reader for most important trends at a top-level. A total
2,352 responses from marketers around the world were received. The respondents were asked to
give their opinion on "Select one marketing activity that you think will give your business the
biggest incremental uplift in leads and sales in 2017 (or your clients if you work for an agency or
as a consultant)”. The following statistics show that various digital marketing activities with the
greatest commercial impact in 2017. The content marketing communities is having the highest
impact on the business of the company.
online marketing, through a crisp website you can reach your target audience with wider
reach with better service assurance.
Cost involvement is another point which creates a lot of difference between the conventional
marketing techniques over online marketing; business house can create its respective digital
marketing strategy with very little cost and replace conventional costly advertising methods
such as print media, radio coverage, television and magazine.
Through online marketing any business promotional idea have far greater reach and coverage
as it can be seen any part of the world via one marketing campaign in optimal cost compared
to conventional marketing campaigns and once any marketer optimized the important word
search criteria content in website then it is a great return on investment with very marginal
cost to maintain the positioning.
With electronic marketing, marketer can create options to stimulate their target audience to
take favorable appropriate action, visit the respective website, to know about their products
and its features and different services, by this mechanism customers can express their view
about the product, their choice of buying the product and corresponding feedback, which is
also visible in the website thus by this way the marketer get an effective opportunity to
engage with the customers, which is usually diluted in case of traditional mode of marketing.
Through online marketing brand development can be done better than traditional mode of
marketing, a well-designed website with quality information can target the requirement of
the customers and add significant value to their expectations with creation of greater
opportunities. Online marketing has the potential to create ripple and viral effect in
promotion over traditional mode marketing, for an instance using social media networking
website, email and social media channels promulgates the content of the message to be
shared incredibly quickly.
access internet any place anytime and companies are continuously updating information
about their products or services.
Greater engagement - With digital marketing, consumers can engage with the company’s
various activities. Consumers can visit company’s website, read information about the
products or services and make purchases online and provide feedback.
Clear information about the products or services - Through digital marketing, consumers
get clear information about the products or services. There is a little chance of
misinterpretation of the information taken from sales person in a retail store. However,
Internet provides comprehensive product information which customers can rely on and
make purchase decision.
Easy comparison with others - Since many companies are trying to promote their products
or services using digital marketing, it is becoming the greatest advantage for the customer
in terms that customers can make comparison among products or services by different
suppliers in cost and time friendly way. Customers don’t need to visit a number of different
retail outlets in order to gain knowledge about the products or services.
24/7 shopping - Since internet is available all day long; there is no time restriction for when
customer wants to buy a product online.
Share content of the products or services - Digital marketing gives viewers a chance to
share the content of the product or services to others. Using digital media, one can easily
transfer and get information about the characteristics of the product or services to others.
Apparent Pricing - Company shows the prices of products or services through digital
marketing channel and this makes prices very clear and transparent for the customers.
Company may regularly changes the prices or gives special.
Enables Instant Purchase - With traditional marketing, customers first watch the
advertisement and then find relevant physical store to purchase the products or services.
However, with digital marketing, customers can purchase the products or services instantly.
7. Conclusion
We experience a radical change in India towards the digitalization. The consumer are looking
and searching more on internet to find the best deal form the sellers around India as compared to
traditional or conventional methods. Cha (2009) also established in his study that more people
perceive shopping services on social networking sites as useful and easy to use, the more likely
they are willing to shop for items on social networks. The wide range of consumers utilizing
social networks means that most target markets can be reached (Cha 2009). Shankar (et al. 2011)
also revealed in his study that more shoppers are using social media (e.g., Twitter, Facebook,
MySpace, and LinkedIn) and rely on them for marketing shopping decisions; promotion through
these media has become important.
In this study, we acknowledged that businesses can really benefit from Digital marketing such as
search engine optimization (SEO), search engine marketing (SEM), content marketing,
influencer marketing, content automation, e-commerce marketing, campaign marketing, and
social media marketing, social media optimization, e-mail direct marketing, display advertising,
e–books, optical disks and games and are becoming more and more common in our advancing
technology. Vogus (2011) also determined that large companies are regarding social media sites
as strategic tools and some businesses are even hiring employees to oversee their social media
pages. Mangold and Faulds (2009) recommended that social media should be regarded as an
integral part of an organization’s integrated marketing strategy and should not be taken lightly.
It is demonstrated that we all are connected through whatsapp and facebook and the increasing
use of social media is creating new opportunities for digital marketers to attract the customers
through digital platform. Awareness of consumer’s motives is important because it provides a
deeper understanding of what influences users to create content about a brand or store. This is
also supported by Chu (2011), who examined the link between Facebook brand related group
participation, advertising responses, and the psychological factors of self-disclosure and attitudes
among members and nonmembers of Facebook groups. The study determined that users who
are members of groups on Facebook are more likely to disclose their personal data than
nonmembers are. Chu (2011) also found that users who are Facebook group members maintain a
more favorable attitude toward social media and advertising.
Digital marketing is cost effective and having a great commercial impact on the business. Indeed,
small companies are now able to reach targeted markets at a minimized cost and are able to
compete with bigger companies, on an equal footing (F. Palumbo and P. Herbig., 1998).
***
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