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Questions and Answers
What percentage of online consumers cannot distinguish between editorial content and sponsored ads?
What is the primary goal of content marketing?
What is the function of an advertising network?
What is real-time bidding (RTB)?
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What is an example of content created for content marketing?
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What is a benefit of email marketing?
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What is the purpose of native advertising?
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What is ad exchange?
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What is the main purpose of a website in terms of marketing?
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What is the challenge in integrating different marketing platforms?
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What is the primary function of traditional online marketing?
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What is the significance of Likes in Facebook marketing?
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What is the function of a website in shaping the customer experience?
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What is the main goal of a multi-channel marketing plan?
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What is the challenge in measuring the effectiveness of different marketing platforms?
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What is the primary function of social marketing in a multi-channel marketing plan?
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What is the primary function of mobile marketing in a multi-channel marketing plan?
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What should a firm consider when deciding on its next marketing step?
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What is the primary role of a website in marketing?
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What is the primary function of offline marketing in a multi-channel marketing plan?
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What is a common 'traditional' marketing technique for establishing a brand and attracting customers?
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How many functions does a website perform in marketing?
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What is a key consideration for a manager of a startup when developing a marketing strategy?
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What are the five main elements of a comprehensive multi-channel marketing plan?
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What is a major challenge facing e-mail marketing?
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What is the primary goal of affiliate marketing?
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What is viral marketing?
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What is social marketing and advertising?
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What is the primary benefit of e-mail marketing?
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What is the primary characteristic of affiliate marketing?
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What is an example of social media marketing?
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What is the primary benefit of social marketing and advertising?
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What is the primary source of information about online consumers?
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What does a transaction log record?
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What is the purpose of a registration form?
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What is a database management system (DBMS)?
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What is the main purpose of a data warehouse?
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What is data mining?
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What is the simplest type of data mining?
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What is big data?
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Study Notes
E-commerce Marketing and Advertising Concepts
- Online marketing and advertising strategies involve traditional marketing techniques like search engine marketing, display ads, e-mail campaigns, and affiliate programs.
- Marketers need to consider other media channels like social media and mobile devices for attracting an audience.
- A comprehensive multi-channel marketing plan consists of five main elements: website, traditional online marketing, social marketing, mobile marketing, and offline marketing.
Strategic Issues and Questions
- Managers of startups or commercial websites face strategic questions like where to focus first, whether to develop a website, blog, or social media presence, and how to allocate resources.
- Integrating different marketing platforms into a single coherent branding message is a major challenge.
- Resource allocation is another challenge, as different marketing platforms have different metrics to measure effectiveness.
The Website as a Marketing Platform
- A firm's website is a major tool for establishing the initial customer relationship.
- The website performs four important functions: establishing brand identity, informing and educating the consumer, shaping the customer experience, and anchoring the brand in marketing messages.
- The website is the one place where consumers can find the complete story about a brand.
Native Advertising
- Content marketing creates a content campaign for a brand and tries to secure placement on various websites.
- The aim of content marketing is to increase website visitors, organic search rankings, and brand engagement via social media.
Advertising Networks
- Advertising networks connect online marketers with publishers by displaying ads to consumers based on detailed customer information.
- Ad exchanges are auction-based digital marketplaces where ad networks sell ad space to marketers.
- Programmatic advertising is an automated, auction-based method for matching demand and supply for display ads.
E-mail Marketing
- Direct e-mail marketing involves sending targeted e-mail messages to interested users.
- Benefits of e-mail marketing include mass reach, trackability, personalization, and ability to drive traffic to websites.
- E-mail marketing faces challenges like spam, software tools that eliminate e-mails, and poorly targeted purchased e-mail lists.
Affiliate Marketing
- Affiliate marketing involves paying commissions to affiliate websites for referring potential customers to a website.
- Affiliate marketing generally involves pay-for-performance, where the affiliate gets paid only if users click on a link or purchase a product.
Viral Marketing
- Viral marketing is the process of getting customers to pass along a company's marketing message to friends, family, and colleagues.
- It's the online version of word-of-mouth advertising, which spreads even faster and further than in the real world.
Social, Mobile, and Local Marketing and Advertising
- Social marketing and advertising involve using online social networks and communities to build brands and drive sales revenues.
- Social networks offer advertisers various advertising formats, including banner ads, native advertising, videos, and sponsorship of content.
- Influencer marketing is another form of social media marketing that began initially with bloggers and has since expanded to other social networks.
Source of Information about Online Consumers
- A primary source of information about online consumers is the transaction log maintained by all web servers.
- The transaction log is built into web server software and records user activity at a website.
- Transaction log data becomes more useful when combined with visitor-generated data trails like registration forms and the shopping cart database.
Technologies that Support Online Marketing
- Database is a software application that stores records and attributes.
- Database management system (DBMS) is a software application used to create, maintain, and access databases.
- Data warehouse is a database that collects a firm's transactional and customer data in a single location for offline analysis.
- Data mining is a set of analytical techniques that look for patterns in data or seek to model customer behavior.
- Big data is huge data sets, often from different sources, in the petabyte and exabyte range.
- Marketing analytics software collects, stores, analyzes, and graphically presents data on each stage of the conversion process on e-commerce sites.
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Description
This quiz covers E-commerce marketing, part of the 17th edition of E-commerce: business.technology.society. It is designed for Business Administration and MIS students.