Identifying The Value of Employing Proper Marketing Strategy in E-Commerce
Identifying The Value of Employing Proper Marketing Strategy in E-Commerce
Identifying The Value of Employing Proper Marketing Strategy in E-Commerce
Keywords: Competition, e-commerce, marketing strategy, Businesses use the Internet, extranets, or electronic data
online business, online sellers
interchange (EDI) in carrying out e-commerce (Smith, 2011).
Introduction “E-commerce has experienced rapid growth since its
businesses can gain a competitive advantage against large "Before you can make a plan to out-market your
companies by taking part in E-commerce, but this also exposes competition, you need to know who your competitors are and
them to significant risk (Huebsch, 2010). how they differ from you in terms of your offerings, branding,
But, the business world can be considered as a very marketing and positioning. After all, if you are not confident
dangerous and tricky place. Once an individual enters this that your business strategy creates some compelling
world, he or she must be prepared for the upcoming problems competitive advantage, all the marketing in the world won’t
that his or her business might encounter in the future. One of help you get ahead" (Patel, 2018).
these problems is having a great number of competitors in the Developing a marketing strategy is vital for any
business. According to Myers (2016), this problem can be business. Without one, your efforts to attract customers are
considered or recognized as a strength, because if there is no likely to be haphazard and inefficient. The focus of your
competitors, it implies or indicates that the business is weak, strategy should be making sure that your products and services
and is not doing well. "Competition is the fundamental reality meet customer needs, and developing long-term and profitable
of doing business" (Berry, 2008). This is a very inevitable relationships with those customers. To achieve this, you will
problem that one business must overcome to stay in the scene. need to create a flexible strategy that can respond to changes in
Proper marketing strategy must be applied or executed in order customer perceptions and demand. It may also help you
to do so.
Marketing in E-commerce 4
identify whole new markets that you can successfully target competitors in the business of e-commerce within the city of
she defines the purpose and value of E-commerce in our This research attempts to investigate the effectiveness
society today and discusses the risks within it. While the of performing the proper marketing strategy upon the growing
current study, tackle the problems of the business with their number of competitors in the business of e-commerce.
competitors, and how they address this problem. This is what Primarily, the focus of this research is on the booming
the research is trying to find out or measure, if employing competitions in the e-commerce industry, as the explosive
proper marketing strategy would help businesses under E- growth has been the latest mode of business through the
and reliable information that will serve as a guideline for the Research Questions
operation of their business. In conducting this research, the researchers had come
Research Problem up with the following questions: (1.) What is the significant
and in the normal offline business; (3.) How did the online problem of businesses under e-commerce with their
investors cope and manage the outgrowing popularity and competitors. In order to collect or attain all of the necessary
competition of the e-commerce industry; and (4.) How data to find out which marketing strategy is more applicable
effective is it when proper marketing strategy is applied on and effective when competing in the business of online selling,
The results of this study will be a great contribution to describe, and report the behavior of a subject, or of a definite
the knowledge of those who are related and interested in the e- phenomenon without influencing it in any way; just like how
commerce industry: Small businesses, e-commerce the researchers aimed to report on the different marketing
companies/online merchants, online investors, customers, strategy used by online sellers when they are dealing with their
researchers and future online sellers. competitors. This type of research design falls under the five
The Researchers picked a fixed number of 25 Research instruments that can be used when conducting
participants, based on the criteria set, through the use of the a research has a lot of classification. For this descriptive
Internet as the first part of the procedure. Being an online seller quantitative research, the researchers used a self-administered
is the main condition to be considered when giving out the self- questionnaire. This questionnaire will be the most important
administered questionnaire of the researchers. The participants instrument for the collection of data of the research. It is
are purposively chosen through the certain qualification of the categorized into 4 topics in accordance to the research
participants; being an investor and seller in the industry of E- questions of the study. This questionnaire is composed of 5 or
commerce. Other qualifications include the type of business 6 statements for every topic, and each statements has one
and the year it started. Their contact number and civil status follow-up questions. Overall there are a total of 42 questions
were also taken into consideration to give more depth on the and statements made by the researchers according to what they
accuracy of the data. This technique was exercised as there are know is needed to be gathered and what is related.
no distinct number of respondents determined as the population The researchers used both type of questions in this
in this particular study. Through this method and technique, the questionnaire. For the close-ended type of questions, the
value of employing proper marketing strategy will be researchers used Likert Scale to know the perspectives of the
seen under each statements which also serves as the follow-up respondents. This questionnaire was done online, through the
questions for the presentation of the qualitative data. use of Google Forms. As stated by Christa Love (2014),
The levels of agreement about the marketing strategies in e- Google Forms is a web-based app used to create forms for data
commerce were rated on a 4-point Likert scales as follows; collection purposes. Making quizzes, surveys and any other
3 2.50-3.49 Agree The form is web-based and can be shared with respondents by
1 1.00-1.49 Strongly disagree page or blog post. In the Google Forms, close-ended and open-
Table 1: Four-Point Likert Scale ended type of questions were answered by the respondents. In
The gathered data from the participants were collected Marketing Strategy
and given consideration through analyzation and deliberation Table 2 presents the descriptive statistics of the
as the focus of the statistical procedure. Then, the researchers respondents upon the given marketing strategies based on the
tallied the gathered data with the use of Frequency Distribution first research question.
commerce industry.
address the research problem. Results and data gathered are Table 2: Marketing Strategy
satisfaction through offering the best quality of one’s product is also one of the reason why E-commerce businesses must be
and services, and also appealing to the market with the use of flawless, friendly, empathetic, and trustworthy, to make their
different promotional activities, like discounted prices, free consumer feel superior and important; to keep them as loyal
gifts and samples, are said to work best in engaging more customers (Sahin, 2012). Offering superior product and
people in your business. Most of the respondents mentioned the services to the market is also an advantage and a marketing
use of Social Media Marketing as a specific strategy that they strategy to be considered. The reason of a customer’s desire to
usually use on the operation of the business. According to the buy a product is all about its originality and quality. These
data gathered from the respondents, customer relationship strategies are chosen by the respondents and they have agreed
marketing technique must also be considered in order to appeal that all of them are also effective. To formulate an effective
to the e-commerce industry, as this will help them gain the trust strategy, the organization must know the specific target of the
of the customers. Marketing is all about the customer, making strategy, the competitors within the industry, the competitors’
them feel amazing is what matters to make the success advantages and disadvantages, and the organization’s own
guaranteed on your side (Basnak, 2018). “The real marketing advantages and drawbacks. Through this, the advantages
strategy for E-commerce is about creating an environment should be exploited and the disadvantages should be avoided to
where people are happy to provide their contact details and win in the competitive world of e-commerce (Qin et al., 2014).
they feel good and positive, not annoyed” (Basnak, 2018). This
Difference between Online and Offline Marketing Strategy
Marketing in E-commerce 10
Table 3 represents the descriptive statistics of the business. They mentioned Personal Selling as one of them, as
respondents upon the given marketing strategies based on the they believe that it is easier to build trust in a face-to-face
second research question. communication. But, the result also shows that the strategies
the offline. This due to the fact that accessibility plays a great
does not require great effort, cost and expenses. The major part
The result of the study also suggests that most of the and grew after they applied these strategies on their online
respondents apply the same strategy used in an offline type of business. Most of the respondents have agreed that they use the
Marketing in E-commerce 11
effective way.
respondents upon the given marketing strategies based on the Table 4: Competition in the Industry
that they are able to find ways and solutions in managing the
providing what is best for the customers. Also, they mentioned respondents. Most of them are still in the process of dealing
Social Media Marketing as the best marketing strategy to be with the outgrowing competition, although after the application
ahead of the competition in the business of E-commerce. In and implementation of the said strategies, immense and great
order to grow an advantage against their competitors, the impact were able to be seen on their own business.
These online sellers are not into business counselling, they did
business; and that they were able to build a business with less
certain factors. Future research should include those highly, e-commerce strategy, as it is a challenging situation to be in a
professional business owner as one of the respondents, competitive position in the e-commerce industry. Remember
especially those who are tested and qualified as a veteran in the that it is not important to always promote your company as
field, as they may have suggest a more accurate answer “the best”, as there are already a competition where the
whether the proper marketing strategy would really help in companies consider themselves as “the best” without any
overcoming problems in the business. It is important to gather justifiable and valid reason. The only way to promote your
the data with the use of a non-bias and non-subjective company is through your customers, make them perceive your
technique, so that the accuracy of the data are ensured. This company as truly the best (Basnak, 2018).
will also ensure that all data gathered will be reliable and
relevant. Recommendations
The future of your business lies on your decision - what online selling business in dealing against the growing number
you think, do, and say. Everything lies on the owner or of competitors is through the use of Social Media Marketing.
management’s hand. The leader of an organization must create The researchers highly recommend the use of the same
a major assessments before considering the formulation of an marketing strategy together with Customer Relationship
Marketing in E-commerce 15
service of the online business, this will also help the business in
business is dealing with aside from the fierce competition that References
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