E-marketing Strategy: 7 Dimensions To Consider (The E-marketing Mix)

Written by Otilia Otlacan


What is e-Marketing?

e-Marketing is still quite a controversial subject to talk about, since no one succeeded to unifyrepparttar various theories around it; however there is one thing upon which there is no doubt – that e-Marketing first appeared underrepparttar 141448 form of various techniques deployed by pioneer companies selling their products viarepparttar 141449 internet inrepparttar 141450 early 90's.

The frenzy around these new marketing techniques created by e-tailers and supported byrepparttar 141451 internet rapidly gave birth to a new dimension of what we knew as Marketing:repparttar 141452 e-Marketing (electronic Marketing).

There are many definitions to what e-Marketing is,repparttar 141453 simplest and shortest one being formulated by Mark Sceats: e-Marketing is Marketing that usesrepparttar 141454 internet as manifestation media. A working definition is that coming from a group of CISCO specialists: e-Marketing isrepparttar 141455 sum of all activities a business conducts throughrepparttar 141456 internet withrepparttar 141457 purpose of finding, attracting, winning and retaining customers.

e-Marketing Strategy

The e-Marketing Strategy is normally based and built uponrepparttar 141458 principles that governrepparttar 141459 traditional, offline Marketing –repparttar 141460 well-known 4 P's (Product – Price – Promotion – Positioning) that formrepparttar 141461 classic Marketing mix. Addrepparttar 141462 extra 3 P's (People – Processes – Proof) and you gotrepparttar 141463 whole extended Marketing mix.

Until here, there are no much aspects to differentiate e-Marketing fromrepparttar 141464 traditional Marketing performed offline:repparttar 141465 extended Marketing mix (4 3 P's) is built aroundrepparttar 141466 concept of "transactional" and its elements perform transactional functions defined byrepparttar 141467 exchange paradigm. What gives e-Marketing its uniqueness is a series of specific functions, relational functions, that can be synthesized inrepparttar 141468 2P 2C 3S formula: Personalization, Privacy, Customer Service, Community, Site, Security, Sales Promotion.

These 7 functions ofrepparttar 141469 e-Marketing stay atrepparttar 141470 base of any e-Marketing strategy and they have a moderating character, unlikerepparttar 141471 classic Marketing mix that comprises situational functions only. Moderating functions of e-Marketing haverepparttar 141472 quality of moderate, operate upon all situational functions ofrepparttar 141473 mix (the classic 4 P's) and upon each other.

1. Personalization The fundamental concept of personalization as a part ofrepparttar 141474 e-Marketing mix lies inrepparttar 141475 need of recognizing, identifying a certain customer in order to establish relations (establishing relations is a fundamental objective of Marketing). It is crucial to be able to identify our customers on individual level and gather all possible information about them, withrepparttar 141476 purpose of knowing our market and be able to develop customized, personalized products and services.

For example, a cookie strategically placed onrepparttar 141477 website visitor's computer can let us know vital information concerningrepparttar 141478 access speed available: in consequence, if we knowrepparttar 141479 visitor is using a slow connection (eg. dial-up) we will offer a low-volume variation of our website, with reduced graphic content and no multimedia or flash applications. This will ease our customer's experience on our website and he will be prevented from leavingrepparttar 141480 website onrepparttar 141481 reason that it takes too long to load its pages.

Personalization can be applied to any component ofrepparttar 141482 Marketing mix; therefore, it is a moderating function.

2. Privacy Privacy is an element ofrepparttar 141483 mix very much connected torepparttar 141484 previous one – personalization. When we gather and store information about our customers and potential customers (therefore, when we performrepparttar 141485 personalization part ofrepparttar 141486 e-Marketing mix) a crucial issue arises: that ofrepparttar 141487 way this information will be used, and by whom. A major task to do when implementing an e-Marketing strategy is that of creating and developing a policy upon access procedures torepparttar 141488 collected information.

This is a duty and a must for any conscious marketer to consider all aspects of privacy, as long as data are collected and stored, data about individual persons.

Privacy is even more important when establishingrepparttar 141489 e-Marketing mix since there are many regulations and legal aspects to be considered regarding collection and usage of such information.

3. Customer Service Customer service is one ofrepparttar 141490 necessary and required activities amongrepparttar 141491 support functions needed in transactional situations.

We will connectrepparttar 141492 apparition ofrepparttar 141493 customer service processes torepparttar 141494 inclusion ofrepparttar 141495 "time" parameter in transactions. When switching from a situational perspective to a relational one, and e-Marketing is mostly based on a relational perspective,repparttar 141496 marketer saw himself somehow forced into considering support and assistance on a non-temporal level, permanently, over time.

The E-marketing Plan - Brief Overview And Working Scheme

Written by Otilia Otlacan


I. Summary of a marketing plan

The marketing planning (concretized inrepparttar marketing plan) is an essential organizational activity, consideringrepparttar 141447 hostile and complex competitive business environment. Our ability and skills to perform profitable sales are affected by hundreds of internal and external factors that interact in a difficult way to evaluate. A marketing manager must understand and build an image upon these variables and their interactions, and must take rational decisions.

Let us see what do we call a "marketing plan"? It isrepparttar 141448 result ofrepparttar 141449 planning activity, a document that includes a review ofrepparttar 141450 organization's place inrepparttar 141451 market, an analysis ofrepparttar 141452 STEP factors as well as a SWOT analysis. A complete plan would also formulate some presumptions on why we thinkrepparttar 141453 past marketing strategy was successful or not. The next phase shall presentrepparttar 141454 objectives we set, together withrepparttar 141455 strategies to achieve these objectives. In a logical sequence, we will further need to evaluaterepparttar 141456 results and formulate alternative plans of action. A plan would consist in details of responsibilities, costs, sales prognosis and budgeting issues.

Inrepparttar 141457 end, we should not forget to specify howrepparttar 141458 plan (or plans) will be controlled, by what means we will measure its results.

We will see how to buildrepparttar 141459 marketing plan, what is its structure: after we will see how to buildrepparttar 141460 traditional marketing plan, we will take a look atrepparttar 141461 e-marketing plan and see howrepparttar 141462 unique features ofrepparttar 141463 internet will require some changes inrepparttar 141464 approach of writing a marketing plan.

But, before we continue, we must understand and accept that steps ofrepparttar 141465 marketing plan are universal. It is a logical approach ofrepparttar 141466 planning activity, no matter where we apply it. The differences you meet from a plan to another consist inrepparttar 141467 degree of formality accorded to each phase, depending onrepparttar 141468 size and nature ofrepparttar 141469 organization involved. For example, a small and not diversified company would adopt less formal procedures, becauserepparttar 141470 managers in these cases have more experience and functional knowledge thanrepparttar 141471 subordinates, and they are able to achieve direct control upon most factors. Onrepparttar 141472 other hand, in a company with diversified activity, it is less likely that top managers have functional information in a higher degree thanrepparttar 141473 subordinate managers. Therefore,repparttar 141474 planning process must be formulated to ensure a strict discipline for everyone involved inrepparttar 141475 decisional chain.

II. The general marketing plan

The classical marketing plan would followrepparttar 141476 following scheme of 8 stages:

1. Declaringrepparttar 141477 mission: this isrepparttar 141478 planning stage when we establishrepparttar 141479 organizational orientations and intentions, thus providing a sense of direction. In most cases, this is a general presentation ofrepparttar 141480 company's intentions and almost has a philosophic character.

2. Establishing current objectives: it is essential forrepparttar 141481 organization to try to determine with precisenessrepparttar 141482 objectives to be reached. These objectives, in order to be viable, must be SMART. SMART is an acronym and stands for "Specific", "Measurable", "Attainable", "Realistic" and "Timed". The objectives must also conveyrepparttar 141483 general organizational mission.

3. Gathering information: this stage is based onrepparttar 141484 concept of marketing audit. After performingrepparttar 141485 audit ofrepparttar 141486 macro-environment by analyzingrepparttar 141487 STEP factors (social, technologic, economic and politic), we should turnrepparttar 141488 focus uponrepparttar 141489 immediate extern environment (the micro-environment) and analyzerepparttar 141490 competitive environment,repparttar 141491 costs andrepparttar 141492 market. Finally, we will conclude withrepparttar 141493 SWOT analysis, by this way we will have a general view uponrepparttar 141494 internal environment compared torepparttar 141495 external one. The SWOT analysis combinerepparttar 141496 two perspectives, fromrepparttar 141497 inside and fromrepparttar 141498 outside, becauserepparttar 141499 Strengths andrepparttar 141500 Weaknesses are internal issues of an organization, whilerepparttar 141501 Opportunities and Threads come fromrepparttar 141502 outside.

4. Re-formulating objectives: afterrepparttar 141503 close examination of data gathered inrepparttar 141504 previous stage, sometimes it is needed to re-formulaterepparttar 141505 initial objectives, in order to address allrepparttar 141506 issues that might have come up fromrepparttar 141507 previous stage. The distance betweenrepparttar 141508 initial objective andrepparttar 141509 re-formulated objective will be covered by appropriate strategies. We must ensurerepparttar 141510 re-formulated objective is SMART as well.

5. Establishing strategies: several strategies are to be formulated, in order to coverrepparttar 141511 distance between what we want to achieve and what is possible to achieve, withrepparttar 141512 resources at our disposal. As we would usually have several options, we should analyze them and choserepparttar 141513 one with more chances to achieverepparttar 141514 marketing objectives.

6. Plan of actions: consists in a very detailed description ofrepparttar 141515 procedures and means to implementrepparttar 141516 actions we want to take. For example, ifrepparttar 141517 strategy implies a raise in advertising volume,repparttar 141518 plan of actions should establish whererepparttar 141519 advertisements will be placed,repparttar 141520 dates and frequency ofrepparttar 141521 advertising campaigns, a set of procedures to evaluate their effectiveness. The actions we plan to take must be clearly formulated, measurable, andrepparttar 141522 results must be monitored and evaluated.

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