Whilst it is fair to say that Internet marketing has
certainly had an effect on offline trading figures, the comparisons are not
directly proportionate for the simple reason that the Internet has opened up
huge new markets which were not feasible before this 'information superhighway'
was born. The interactive nature of Internet marketing, and the low costs
involved in distributing information and media to a global audience, makes a
very attractive platform for any business model, regardless of size. Latest
figures from credit card companies report a 15 billion dollar turnover from
Internet sales in the last year, and rising rapidly. So it is not surprising
that budgets for Internet marketing are taking a bigger slice of the
advertising cake and the numbers of individuals earning their living directly
from Internet marketing are ballooning off the scale.
Internet marketing draws together all the creative and
technical aspects of the Internet, which include design, development,
advertising and sales, and the techniques used in Internet marketing include
search engine marketing, email marketing, affiliate marketing, online
advertising and more recently, social media marketing methods as employed in
blog marketing, and viral marketing.
Internet marketing is the process of building, growing and
promoting a business individual or organization through any online activity
including websites, blog sites, article marketing, press releases, online
market research, email marketing, and online advertising. In order to fully
comprehend the huge benefits offered by the Internet marketing process, it is
difficult not to draw comparisons with offline marketing methods, but it has to
be remembered that one is not a replacement for the other. Internet marketing
and offline marketing will both have an important part to play in the future of
any business, assuming it is not purely Internet based. Let us now look at the
benefits that Internet marketing has to offer..
Since the Internet can be regarded as a 'free for all'
activity center where information is shared freely with all interested parties,
the cost involved in the overall Internet marketing strategy is relatively low.
Apart from the obvious expenditure incurred in operating a web site, a large
proportion of the budgets set aside for Internet marketing will typically be
swallowed up by services and resources offering expertise in the various
marketing techniques that fall under the Internet marketing umbrella.
All activities that fall under the Internet marketing banner
can easily be organized from a laptop computer. Most communications are made
using online contact forms, email or instant messenger, and payments for items
such as web site hosting, internet marketing software tools and resource fees
can all be paid online using a credit card.
Unlike offline commerce, the use of Internet marketing
techniques now make it possible for an individual or sole trader to compete
with the larger organizations in his online business. It's true that a larger
company whose name was on everyone's lips would have a head start in the
marketing of their web site, and a larger presence in the search engine pages,
beyond that the doors are opened and it's quite common to see a smaller
commercial outfit riding higher than their much larger competition in search
engine results. Yes the online advertising budgets would be much bigger for the
national companies.
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