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Internet Advertising and Promotion

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cheap/easy way to distribute information about products. Disadvantages ... Catalog (LLBean, Lillian Vernon) Virtual Store (Egghead, Amazon) ... – PowerPoint PPT presentation

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Title: Internet Advertising and Promotion


1
Internet Advertising and Promotion
2
Advantages of the Web
  • 24 hours a day/ 7 days a week
  • world-wide market
  • customers seek you
  • cheap/easy way to
    distribute
    information
    about products
  • Disadvantages
  • perishable goods (Pasties, Burrito Express)
  • localized goods and services
  • crowded marketplace
  • impersonal

3
The Consumer View
  • HCI
  • Cheap and Easy
  • Non-invasive
  • Give me Information
  • Global Competition will force prices down
  • Offended by Poor Web Sites

4
Purpose of Business Web Site
  • sales
  • give customers information
  • gather customer information
  • educate people about a product
  • create a liking for a product
  • create an image for the product
  • have a web presence
  • another way to reach customers in addition to
    your traditional means of promotion

5
What Information Goes on a Business Web Site?
  • Contact Information/Location
  • Logo
  • Visuals
  • Product/Service Content
  • Databases
  • Sales/Ordering/Price
  • Promotion
  • Entertainment
  • Counters/Links/Banners...etc
  • Extended product information
  • Value added/free information

6
Critical Success Factors
  • Geurrilla Marketing Online Weapons, J.C.
    Levinson, C. Rubin, 1996.
  • Three Steps to Online Success
  • Seek online visibility Cyberspace is dark and
    crowded..
  • Build online credibility distinguish your
    business from the bad ones, pack as much useful,
    noncommercial information into them as
    possible..
  • Nurture online relationships overcome anonymity
    and build trust.

7
Critical Success Factors (Guthrie, Overoye,
Gaskins - SIGCPR 1997)
Creating Hits Search Engines Cross Links, Mirror
Sites Novelty Indexing, Meta-tags Traditional Ad.
Channels Content Product Information Company
Information Culture, Style, Look and Feel Free
Product Communication Chat, Purchace, Links,
Surveys, Change, Feedback, Entertainment,
Traditional Promotion
AIDA Model Awareness Interest Desire
Action
Ellsworth (1995)
Visit the Page Activity Interactivity
8
Critical Success Factors (Schwartz)
  • Webonomics, E. I. Schwartz, 1997.
  • Nine Essential Principles for Growing Your
    Business on the WWW
  • The Quantity of People Visiting Your Site is Less
    Important Than the Quality of Their Experience
  • Marketers Shouldnt be on the Web for Exposure
    but for Results
  • Consumers Must be Compensated for Disclosing Data
    About Themselves
  • Consumers Will Shop Online Only for
    Information-Rich Products

9
Critical Success Factors (Schwartz contd.)
  • Self-Service Provides for the Highest Level of
    Customer Comfort
  • Value-Based Currencies Enable You to Crete Your
    Own Monetary System
  • Trusted Brand Names Matter Even More on the Web
  • Even the Smallest Business Can Compete in the
    Webs Global Marketspace
  • Agility Rules - Web Sites Must Continually Adapt
    to the Market

10
CSFs From the Online Experts
  • UpstartCanada.com - Planning, Systems, People,
    Resources
  • Ethos Europe - find-able, clear, added value,
    confirmation ..end to end process.
  • CyberSource interview CEO William S. McKiernan -
    outsource

11
Levels of Web Presence
  • Listing (Chamber of Commerce)
  • Store Front
  • Catalog (LLBean, Lillian Vernon)
  • Virtual Store (Egghead, Amazon)
  • Online Presence (Harley-Davidson, Sony, BMW
    Films, Coke)
  • Malls (Internet Mall, IMall)
  • Customer Intranet (Ziff Davis)

12
Business Mission
  • Is your market on-line?
  • Is a website a technological necessity?
  • Busines Niche
  • Why is your business a success?
  • What are your strengths/weaknesses/distinguishing
    features?
  • Can you fill the same niche in cyberspace, can
    you distinguish yourself in cyberspace?
  • Is your purpose to compete and can you do it?

13
Demographics
  • Geogia Tech Internet Demographics Survey
  • Nielson
  • US Census Bureau
  • Gartner Group, Target Marketing..etc.
  • Guestbooks
  • Surveys
  • Hits/Traffic
  • Orders

14
Promotion - Traditional
  • Freeway Billboard
  • Radio
  • TV
  • Print Advertising

15
Technological Promotion
  • Banners
  • Cross Links
  • Search Engines
  • Meta Tags
  • Cookies
  • Email/Spam/Usenet
  • Free/Contest/Promo
  • Incentives for Online Buyers

16
Costs - Website
  • Technical Costs
  • set up/hosting
  • registering domain name
  • registering URLs
  • development/test
  • Life Cycle Costs
  • business plan
  • product/service
  • promotion

17
Set Up/Hosting
  • 650K vs. 350K
  • Cheap Hosting - (http//www.hostpile.com/)
  • Best Hosting - (http//www.nvision.com)

18
Register Domain Name
  • InterNic, Network Solutions
  • Now most hosts will do this for you.
  • Dotster.com
  • Cheap Domain Name Registration
  • Need that IP Number!!

19
Costs - Search Engine Registration
  • Submit-It
  • Search Engine Registration (http//www.submit-it.c
    om (99/3 URLs anually)
  • Search Engine Optimization (http//www.freemoneyse
    rvices.com/)
  • Expert Help (Did-It)
  • InfoWorld.com

20
Secure Commerce
  • SmartCard (http//www.Mastercard.com)
  • Cybercash (http//www.cybercash.com)
  • Digital Wallet, Cyberwallet
  • Netscape (SSL, SET)
  • Order Easy

21
Life Cycle
  • What is the life cycle for a Web design project?
  • Traditional
  • Prototype
  • Test
  • Load
  • Usability
  • Security
  • Privacy

Then Live Test!!!
22
Success/Failure
23
International Considerations
  • Being Prepared
  • Trade/Tax Issues
  • Shipping Issues
  • Accessibility
  • Language
  • Culture
  • Mirror Sites

24
The Future
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