Digital Bussiness Management System
Digital Bussiness Management System
Digital Bussiness Management System
INTRODUCTION
Today, the development of technology reflects the changes in many aspects of life. In the past,
the traditional media including printed and broadcast media, were the main communication
channels for the information transmission. The similar situation happens in business field when
the business community or entrepreneurs rely entirely on this traditional media to advertise and
promote their products. However today, a new phenomenon has emerged, namely marketing
through digital media among the entrepreneurs. In fact, the statistics released by Malaysian
Communications and Multimedia Commission (MCMC) (2015), more than half of the
Malaysians use smartphone to access the Internet (Ahadzadeh & Sharif, 2017; Darwish, Abdo, &
AlShuwaiee, 2018). This could be a golden opportunity to society, especially to those who are
rely heavily on the Internet access to their daily live routine. By having this facilities of the
Internet access, many things have been transformed from analog to digital or online basis.
Therefore, entrepreneur’s currently moving towards digital platform of marketing and operate
their business by online. Digital marketing is basically promoting the brands by using all forms
of digital advertising to reach targeted segments such as radio, mobile phones, internet, television
and social media. An important argument is on the value and power of digital media marketing
for business purposes. For entrepreneurs and business owners, digital media can be seen as a
good alternative. As Chaffey et al. (2009) described the internet marketing that achieves
marketing objectives is through the usage of digital technology. Today's entrepreneurs should
have the creative and innovative entrepreneurial features as technology advances their business
products to reach the global market. Indirectly, the digital marketing can enhance the business
performance of entrepreneurs if they are inverted with digital knowledge and skills from the
outset. In fact, Small and Medium Enterprises (SMEs) is one of the main catalysts for Malaysia's
economic growth (Normah, 2007). Almost 99.2 percent of all entrepreneurs in Malaysia are the
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registered SMEs and contribute about 32 percent of their Gross Domestic Product (GDP) (Ghani
& Darawi, 2012). The role and contribution of SMEs in terms of the number of business
establishments, employment opportunities and the contribution to GDP among developed and
developing countries is seen as enormous (SME Corp. Malaysia, 2009). In line with the
2012/2020 SMEs Master Plan, the World Bank revealed that there are six factors that affect SME
business performance. One of these factors is the adoption of technologies such as the low level
of ICT usage which is the reason on the low performances among the majority of SMEs (SME
Every year, thousands of start-up firms with an innovative concept are striving to make their
presence in the corporate world. Some of them have immediate prominence, but most of them
are struggling to establish themselves. Just 51% of start-up businesses last five years or more
(SBA Office of Advocacy, 2012 cited in Ripsas, S. et. al., 2018). It is impossible for start-ups to
compete with existing and profitable firms without adequate marketing strategy. One of the key
factors why start-ups struggle is that they do not have a comprehensive digital marketing strategy
(Montgomery, 2018). As per CB Insights 2019, as many as 17 percent of failed start-ups can
attribute their performance to bad marketing. We believe that the appropriate implementation of
digital marketing strategies is essential to the growth of start - up companies. They can help
establish effective interaction with their target audience by updating them frequently about
activities and events in their business at a relatively low cost (Insight success, 2018). Start-ups
may establish their brand image through digital networks by establishing quality partnerships
with members of online communities (Hajli et al., 2017). As per Ruggieri et al., (2018) start-ups,
operating in a range of industries, have demonstrated strong growth potential and the opportunity
to generate value for their consumers by creative goods and services delivered by digital
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networks. This makes it the ultimate marketing platform for start-ups and small companies that
2018). Digital marketing is also quicker and produces more performance. (Montgomery, 2018).
This aim of this study is to review digital marketing systems for entrepreneurs, the study
intended to;
The study is basically a review research limited to the review of digital marketing systems for
entrepreneurs. It focuses on the digital marketing systems for entrepreneurs for department of
Methodology
The method adopted in the study is a meta-analysis review. This is one of the three categories of
review paper it compares and combines the findings of previous published studies with the intent
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2. Related Literature
In a theory by Jones and Rowley (2009). They have developed it by incorporating EM, sales
orientation (SO), customer orientation (CO), and network theory. The framework has been tested
and refined using a sample of technology firms, and also used by the authors in their later
published articles included in this review. The framework has 15 dimensions which are: research
Any marketing that uses electronic devices and can be used by marketing specialists to convey
promotional messaging and measure its impact through your customer journey. In practice,
digital marketing typically refers to marketing campaigns that appear on a computer, phone,
tablet, or other device. It can take many forms, including online video, display ads, search engine
marketing, paid social ads and social media posts. Digital marketing is often compared to
“traditional marketing” such as magazine ads, billboards, and direct mail. Oddly, television is
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Concept of Digital Marketing in Business
Digital marketing factors play an important role in influencing business performance in this new
millennium. It is important to drive a more creative and global business with the involvement of
access, skills and motivation of using this digital marketing medium. Malaysia is a country that
strongly supports the efforts to integrate the usage of ICT in development. The provision of
technological infrastructure is one of the government's efforts to ensure that Malaysians are able
to compete globally. In fact, digital marketing has grown exponentially since the 1990s and
2000s thus has changed the way brands and businesses are run using digital communication
technologies as well as tools for marketing entrepreneurs and business owners. Digital marketing
campaigns are becoming more efficient, as digital platforms are incorporated into the marketing
strategy and daily life of consumers, and as the consumers use digital devices instead of going to
physical stores. Today, the most commonly used digital marketing tool is Search Engine
Optimization (SEO).
Wienclaw (2017) defines SEO as the process of increasing the probability that a website will be
listed in online search results and clearly placed in search results. Some SEO strategies are
proper website indexing, and ensuring that website content is unique. The results of the study by
Pineiro-Otero and Martinez-Rolan (2016) show that 88 percent of access worldwide is through
Google search engine while Gaikwad and Kate (2016) argue that SEO is a must for online
marketing. In addition, the power of digital marketing in the form of social media can also
determine the marketing of goods and services. As can be seen in recent years, the popularity of
social networking sites and social media has increased globally (Kucuk & Krishnamurthy, 2007).
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Social media has opened up a business opportunity to communicate with millions of people
about products and services and has opened new marketing opportunities in the market (Mangold
& Faulds, 2009). For instance, Facebook is said to have more than one billion users when it was
first introduced in 2004. The social network is expanding its power by showing the majority of
user, including the entreprenuers, spent their time online. The users also use different online
formats for communicating such as Blog, YouTube, Myspace, Instagram and Facebook to share
information about products or services (Kozinet, 2002). In this regard, Zhang, Dubinsky and Tan
(2013) state that blogging is a tool for digital marketing that has created an impact on increasing
sales revenue, especially for the products that the customers can read reviews and comment on
their personal experiences. Online surveys show that business activity works just as well as
overall marketing strategies. Online services show greater influence on consumers than
traditional communication methods (Helm, Moller, Mauroner & Conrad, 2013). Thus, the digital
marketing variables in this study will be measured by three dimensions, namely the benefits,
A digital marketing plan is a strategic document that takes the current situation of a particular
organization to set some midterm goals and to determine the strategy and means to accomplish
them. This document also describes the responsibilities, the time frame and control tools for
monitoring. The aims of a digital marketing plan include discussing organizations and their
strategy, so that resources are properly allocated. The plan also helps control and evaluate output
and tackle any potential deviation from the organization’s expected outcomes. In this line, a
marketing plan becomes a flexible document that must be adapted to the situation of the
company and that must feed into the results obtained by each of the actions developed, especially
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in the digital arena. Fredrick et al (2020). The development of an online marketing plan is similar
to a conventional one in its structure, but it also includes some variations at an operational level.
In fact, this means not only that some specific strategies and tools are to be developed, but also
that the volubility of the digital media and its capacity for immediate measurement force
organizations to develop a strategy that can be revised in the short term, as well as the iterative
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COMPARATIVE ANALYSIS OF DIGITAL MARKETING SYSTEMS FOR
ENTREPRENEURS
RESEARCH ADOPTED
1. The research The model was A free business model is However, the
Free-Model (ad- was carried developed one that makes use of datasets used
supported)
out in 2005 using simple and is supported by ads for training and
ads. performance.
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centralized and version may be somewhat software
on the project.
4. 2018 This work Amazon was one of the The authors did
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and simple digital business model discussed deep
for further
clarification and
understanding.
5. 2019 The model was Digital ecosystems are But their model
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clients and attract new
3. Discussion
1. Free-Model (ad-supported): The research was carried out in 2005 the model was
developed using simple object access protocol and the study adopted quantitative method.
A free business model is one that makes use of and is supported by ads from platforms
like Google and Facebook. The idea behind this model is to offer a service for free,
making the user the end product. The online user provides valuable information that helps
the company easily display targeted ads. However, the datasets used for training and
designing their model was not trained with machine learning algorithms which further
2. Freemium Model: the study was carried out in 2020 the study adopted hybrid architecture
(both the centralized and the distributed) to harness the benefits of the two technologies.
This model is commonly used and allows users to get free access to a basic version of a
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product. This version may be somewhat limited, but the user has the option to upgrade
and pay for a premium version should they want additional features. But they were
unable to apply the developed system on other software engineering tasks that rely on
text analysis
3. Freemium Model: the research was carried out in 2020 the study adopted hybrid
architecture (both the centralized and the distributed) to harness the benefits of the two
technologies. This model is commonly used and allows users to get free access to a basic
version of a product. This version may be somewhat limited, but the user has the option
to upgrade and pay for a premium version should they want additional features. But they
were unable to apply the developed system on other software engineering tasks that rely
on text analysis.
4. On-Demand Model: the study was carried out in 2018 This model refers to a virtual
product or service such as online video stores like Amazon Prime Video or Apple TV
where you can watch a video for a certain period of time. Another example of this model
is the freelance and gig economy platform Fiverr, where you book an individual and get
charged based on the project. However, a major limitation of their study is that the
5. Digital Ecosystem Model: the research was carried out in 2019 the model was developed
using simple object access protocol and the study adopted quantitative method. Digital
ecosystems are currently one of the most complex yet robust digital business structures.
Alibaba, Amazon, Apple, Google, Tesla, and other ecosystem orchestrators exploit the
customer with various services across several platforms. Due to the "vendor lock-in"
impacts their ecosystems produce, they may upsell existing clients and attract new ones
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Summary and Conclusion
Entrepreneurs of Small and Medium Enterprises (SMEs) need to take steps to become a creative
and innovative group of entrepreneurs. This is relevant in today's business world in facing with
transformation and paradigm shifts in the world of digital marketing. In line with this, the usage
of digital media has given a new medium for the entrepreneurs in doing business online
creatively. The business sector is becoming healthier and more competitive with the variety of
options offered by the entrepreneurs in digital media that also encourage customers to make
smarter choices. This study found that the power of digital marketing has a significant influence
on business performance. This includes the purpose of using digital marketing mediums, the
benefits of using digital marketing and the reputation of the product reputation after using a well-
developed digital marketing. Ironically, as the world of technology crosses the border, there is
always opportunities for entrepreneurs to market their products to a more global level. However,
SME entrepreneurs need to have the knowledge and skills to use this digital marketing medium
such as SEO, and other e-commerce platforms such as Lazada, Shopee, Zalora as well as other
social media applications. Therefore, the purpose, benefits and reputation of good products
which are marketed through the digital medium can positively influence the business
interview or focus group with SME entrepreneurs to gain insights, perceptions and experiences
of using digital media. This study recommends that the ministries and the policy makers to arise
up with favourable internet surfing rates and e-business policies to boost the technological
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