In order to be effective, internet marketing requires a well planned strategy that integrates a particular company's business model and sales goals with the appearance and function of its website. This enables the company to focus on its target market by way of proper advertising type, media and design. Free internet marketing and the quantum of revenue created depends on a proper identification of the target end user group. It starts with identifying who the potential customer is and what is their requirement. After identification of the target consumer base, the next step is to become aware of the competition. The activities of competitors related to the products and the strategies adopted by them to promote their sales online should be carefully evaluated. Their weaknesses with regard to the quality of products sold and guarantees, if any, are to be sought out. Competitors can be of various types. They are: The typical business houses and retail stores which have created online outlets. Advances in technology related to the internet have brought many special benefits to marketing. A lower cost for the distribution of information to a wide global audience is one such advantage. There are more than a billion users of the internet spread across the world. This number represents a large consumer base or marketplace. Such buying or selling of goods or services online is called e-commerce.
Wednesday, February 18, 2009
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