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Essay heading: Virtual Organization E-Business Paper
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Business |
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| Date added: |
April 7, 2002 |
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3 / 576 |
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While sales and marketing professionals look at prospect of leveraging such an incredible source of customers, cash and information, the Internet and its billion dollar sales channel is monitored using a free market economics approach, creating numerous opportunities for hackers, thieves, spies and vandals to prey on the unsuspecting... displayed 300 characters
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When transmitting email the Internet acts like a giant broadcast system. It's very easy to send a single message to hundreds or even thousands of people at one time. This means messages that contain viruses or scams. It is email recipients themselves who must be aware, block or delete unknown emails dismissing the temptation to be lured by fantastic sounding offers and opportunities that are bogus... displayed next 300 characters
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| Internet Marketing
Internet marketing methods include:
? Search engine marketing- search engine optimization
? Display advertising- graphic information (flash-web banners, logo, photographs)
? E-mail marketing- form of direct marketing
? Affiliate marketing- web-based marketing, business pays affiliates for their marketing efforts
? Online reputation management- news, participation in blogs and forums, personal web sites
Benefits:
- Inexpensive in distributing information
- Media to a global audience in a low cost
- Allows consumers to research and purchase products and services at their own convenience
- Its good demographics targeting
- Measurability, online campaigns can be traced, measured and tested, where businesses can see whether the messages are appealing to the consumers
- Online campaigns allows immediate results and response, where customers can get information immediately and personally
Disadvantages/limitations:
- Requires a lot of planning and careful execution (determining strategy and the effectiveness of marketing campaigns)
- Not all people can get the message as it requires them to use new technologies
- Some large complicated web sites causes low speed internet connections, which is hard for consumers to download information
- Inability for customers to touch, smell, taste or try the product before they purchases it online (but they usually have return policies and in store pick up)
- Security concerns, where many consumers have doubts about buying products over the internet as they done trust their personal information will remain private, and also doubt that it might be a fraud website
Consumers also concerns about whether they will receive what they have purchased |
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Product (or Service)
Place
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