Opportunities of the Internet and Digital Media for Marketing

Introduction

Don't use plagiarized sources. Get Your Custom Essay on
Opportunities of the Internet and Digital Media for Marketing
Just from $13/Page
Order Essay

The purpose of this essay is to analyse the use of the internet and digital media in relation to the specific individual elements of marketing. According to the Charted Institute of Marketing (2015), marketing is defined as ‘the management process responsible for identifying, anticipating and satisfying customer requirements profitably’ (p.3). Forsey (2018) takes this a step further as marketing is broken down into six broad categories, product development, market research, product distribution, sales strategy, public relations, and customer support. Taking these different categories into account, there are a variety of ways in which the elements, market research, public relations and customer supporthave been affected by the internet and digital media.

Market Research

According to Hague (et.al, 2004) without carrying out effective and efficient market research, companies of all sizes cannot hope to be successful in their marketing strategy (p.4). As time has moved on and technology has advanced, particularly the internet and in turn digital media, methods of carryout market research have changed. These changes can be shown through a variety of different methods. Firstly, according to the Global Internet Report (2017) over 3.5 billion people across the globe now have access to the internet. This has therefore given companies that use the internet to carry out market research an unlimited sample size for their research. Differing methods of gathering research can be broadcasted worldwide to thousands of potential customers at once through the digital media platforms of email and social media. An example of this can be shown through the technological giant Apple. In 2011 the company launched a new site called the ‘Apple Customer Pulse’. This site allowed targeted users of Apple’s products to submit instant feedback to Apple after receiving an email invite from the company (Ong, 2011). This idea of companies receiving instant digital responses for internet market research is expanded upon through Patino (et.al, 2012).It is suggested that internet research can be collected quickly and easily whilst also minimising the need for the traditional methods of market research as they can be time consuming and expensive. The cost of carrying out market research is also an important factor when discussing the impact of digital media and the internet. This is because these traditional forms such as focus groups, face to face interviews and ethnographies can be significantly more expensive than methods using the internet. (Wilson and Laskey, 2003)

Get Help With Your Essay
If you need assistance with writing your essay, our professional essay writing service is here to help!
Essay Writing Service

By using digital media for market research, it can also allow for the compiling of constant data and real-time insights at much less of a cost. Social listening allows for a researcher to collect constant data through monitoring what people are saying online and trends that are being set. (Crawford, 2009) An example of this is shown through hashtag searches on social media platform, Twitter. Using the site, researchers can set up different searches with hashtags in relation to a brand, industry or product. Instant notifications can then be received when customers, clients or competitors use these key terms. (Mishra 2017). This therefore, allows researchers to both identify current trends and anticipate any potential future trends in the market.

Digital media now allows researchers to segment their market in order to personalise digital marketing strategies to each individual specifically (Dawn 2014). Researchers can monitor customer habits on their site using web analytics, predictive algorithms and tracking software such as cookies. Then based on these customers habits, companies can contact each individual customer using common forms of personalised marketing such as emails, web content, recommendations and promotions. An example of one such strategy can be shown through global web retailer Amazon. When a customer buys a product on their website, an algorithm within the website then recommends similar products to the customer when they return to their homepage. Amazon also often emails the customer with the same information asking if they would like to purchase these similar products based on their previous purchasing habits (Srihari 2015). This emphasises just how significantly the internet and digital media has changed the way in which market research is carried out as each customer can now be segmented and marketed to specifically.

Public Relations

Public relations can be defined as the practice of managing communication between a business and its stakeholders, whilst also supporting marketing objectives (Forsey 2018). The internet and digital media have also had a significant impact on public relations and can be shown in varying ways. Firstly, the internet and digital media have given everyone the ability to share their viewpoint or an opinion on a particular subject with the whole world, in a matter of seconds. According to Papasolomou & Melanthiou (2012) this is both beneficial and detrimental to PR managers. Being able to reach hundreds or thousands of people in very little time makes PR managers jobs more straightforward, however, this can create difficulty if there was a company received some negative press. An example of this can be shown through the global clothing retailer Adidas. In 2017 they were responsible for sending an insensitive email to all the participants of the Boston Marathon. The subject line of the email read ‘Congrats, you survived the Boston Marathon’. However, they failed to realise that it was just four years after the 2013 Boston Marathon bombing tragedy, and despite Adidas issuing an apology, recipients of the email voiced their displeasure on social media. This made the entire world aware of their error, thus damaging their global brand. (Windsor, 2018) This ­­­­emphasises how meticulous marketeers must be in the planning of marketing strategies and how fast PR managers are required to be in reaction to negative press.

The internet has also opened up the lines of communication much more between brands and key stakeholders. According to Bussy & Ewing (1998) these key stakeholders vary from business to business but often include customers, shareholders, investors, employees, suppliers, governments, and the media. This communication with these stakeholders has become known as Corporate Social Responsibility (CSR) and must be embraced in order for companies to remain competitive (Kim et.al, 2016). In the past, the lines of communication with stakeholders have been through traditional media such as press releases, radio and television. However, the internet has changed the way in which PR managers communicate with stakeholders. Digital media platforms such as Social media, blogs, websites, email and e-newsletters are all now prominent methods of communication and these methods allow stakeholders to communicate back. Gruing (2008) identifies this as the theory of two-way symmetrical communication and suggests it can be used to negotiate, resolve conflict and encourage mutual appreciation between a company and its stakeholders. An example of this can be shown through global coffee brand Starbucks. Taecharungroj (2015) analysed the communications strategy employed by Starbucks on the social media platform Twitter and concludes that social media can allow customers to form a relationship with a brand and promote brand loyalty. However, this is contrasted by Lovejoy (et.al, 2012) as after analysing 73 non-profit organizations social media activity, it was concluded that the country’s biggest non-profit companies are not using Twitter to maximize stakeholder involvement. They alternatively continue to use social media as a one-way communication channel. This shows that digital media does give brands the opportunity to build relationships with key stakeholders but not all are using it as efficiently and effectively as possible.

Customer Support

One of the most important stakeholders in a company is the customers that buy or consume their product. Companies must satisfy the customer’s requirements through the delivery of high-quality service at all parts of the customer journey. (Bernazzani, 2018) The internet and digital media have had a significant impact on customer support and can be shown in varying ways. Firstly, there are many more communication channels available to customers because of the internet. Traditional methods of communication required customers to call a company or have to physically go to a company store if there was a problem with a product. Customers can now access various digital media platforms such as calls, emails, web chats, websites, blogs and social media to get in contact with some kind of customer support (Lemon & Verhoef, 2016).Businesses are now also launching their own mobile apps and user interfaces surrounding customer support. An example of this can be shown through the holiday booking service Booking.com. The business has launched its own user interface within its application available in mobile, tablet and desktop computer so that when a customer makes a booking, they can seamlessly connect with the hotel they have booked with and initiate any kind of conversation they would like. (Booking.com, 2016) This allows for much more ease of use for customers because these digital media platforms are often open 24 hours a day and can be accessed from anywhere in the world with an internet connection. This shows the importance that companies are now placing in customer support and the lengths that they are willing to go to in order to provide a high standard of service.

The internet has also given customers much more access to information. There are now digital media platforms that’s sole aim is to review specific products or brands in order to make any potential customers as informed as possible. An example of this can be shown through the website Trip Advisor. Ghazi (2017) examined the motivations as to why people post particularly negative reviews on the website and concluded that the overriding reason is that it is to warn other potential customers. Social media can also act in a similar way as a reviewing site as customers are openly sharing their likes, dislikes and experiences with brands and products on their own personal pages. It allows customers to get dozens of recommendations about a product quickly and can have a significant impact both positively and negatively on a business (Kim et.al, 2016). These varying different methods of gathering information about a brand or product make for a more knowledgeable customer base and puts them in control. Therefore, customers require that any issues with a product must be corrected with ease as they cannot be overlooked anymore.

Conclusion

Overall, it is clear that the internet and digital media has had a major impact on the different elements of marketing. As identified throughout the essay, the main ways in which these elements have been impacted is through the rapid access to a global audience, greater amounts communication channels and the customer becoming much more informed about a product or company. However, it is important to note that these impacts are not always positive. If companies do not use the tools that the internet and digital media offer efficiently and effectively then there is the potential to have a negative impact on companies of all sizes. Finally, the internet and different forms of digital media continuously developing and changing. It is key that businesses must always be on the lookout for new and innovative ways to market themselves to potential customers.

References

Charted Institute of Marketing. (2015) A Brief Summary of Marketing and How It Works. Available at: https://www.cim.co.uk/media/4772/7ps.pdf (Accessed 27 October 2018)

Forsey, C. (2018) What Is Marketing? Available at: https://blog.hubspot.com/marketing/what-is-marketing

Hague, P.H., Hague, N. & Morgan, C.A. (2004) Market Research in Practice: A Guide to the Basics. London. Konan Page Publishers.

Global Internet Report. (2017) Internet Society Global Internet Report: Paths to Our Digital Future. Available at: https://future.internetsociety.org/wp-content/uploads/2017/09/2017-Internet-Society-Global-Internet-Report-Paths-to-Our-Digital-Future.pdf (Accessed 28 October 2018)

Ong, J. (2011) Apple Initiating ‘Customer Pulse’ Market Research Focus Group. Available at: https://appleinsider.com/articles/11/05/05/apple_initiates_customer_pulse_market_research_focus_group (Accessed 28 October 2018)

Patino, P., Pitta, D. & Quinones, R. (2012) Social Media’s Emerging Importance in Market Research. Journal of Consumer Marketing. Vol.29, Issue.3, pp.233-237

Wilson, A. & Laskey, N. (2003) Internet Based Market Research: A Serious Alternative to Traditional Research Methods? Marketing Intelligence & Planning. Vol.23, Issue.2, pp79-84.

Crawford, K. (2009) Following You: Disciplines of Listening in Social Media. Journal of Media & Cultural Studies. Vol.23, Issue.4, pp.525-535.

Mishra, A. & Karen, M. (2017) Building Brand Engagement Through Twitter Marketing Strategies. Journal of Digital & Social Media Marketing. Vol.4, Issue.4, pp.380-390.

Dawn, S.K (2014) Personalised Marketing: Concepts and Framework. Productivity. Vol.54, Issue.4, pp.370-377

Srihari, R. (2015) Amazon and the Age of Personalised Marketing. Available at: https://econsultancy.com/amazon-and-the-age-of-personalised-marketing/ (Accessed 30 October 2018)

Forsey, C (2018) What is Public Relations? The Definition of PR in 100 Words or Less. Available at: https://blog.hubspot.com/marketing/public-relations-definition (Accessed 1 November 2018)

Papasolomou, I. & Melanthiou, Y. (2012) Social Media: Marketing Public Relations New Best Friend? Journal of Promotion Management. Vol.18, Issue.3, pp.319-328

Windsor, A. (2017) Top 5 PR Fails of 2017. Available at: https://powerdigitalmarketing.com/blog/top-5-pr-fails-of-2017/ (Accessed 29 October 2018)

Bussy, N. & Ewing, M. (1998) The Stakeholder Concept and Public Relations: Tracking the Parallel Evolution of Two Literatures. Journal of Communication Management. Vol.2, Issue.3, pp.222-229.

Kim, J., Hak, J. & Lee, C.K. (2016) Effects of Corporate Social Responsibility and Internal Marketing on Organisational Commitment and Turnover Intentions. International Journal of Hospitality Management. Vol.55, pp.25-32

Grunig, J.E. & Grunig, L.A. (2008) Excellence Theory in Public Relations: Past, Present and Future. In Public Relations Research pp.327-347

Taecharungroj, V. (2017) Starbucks Marketing Communications Strategy on Twitter. Journal of Marketing Communications. Vol.23, Issue.6, pp.552-571

Lovejoy, K., Waters, R.D. & Saxton, G.D. (2012) Engaging Stakeholders Through Twitter: How Non-profit Organisations Are Getting More Out Of 140 Characters or Less. Public Relations Review. Vol.38, Issue.2, pp.313-318

Bernazzani, S. (2018) The Ultimate Guide to Customer Support. A Available at: https://blog.hubspot.com/service/customer-support (Accessed 1 November 2018)

Lemon, K.N & Verhoef, P.C (2016) Understanding Customer Experience Throughout the Customer Journey. Journal of Marketing. Vol.80, Issue.6, pp.69-96

Booking.com (2016) Booking.com Launches New Messenger App [Press Release]. Available at: https://news.booking.com/bookingcom-launches-new-messenger-app/ (Accessed 30 October 2018)

Ghazi, K.M. (2017) Guests Motives to Write Positive and Negative Hotel Reviews on Trip Advisor. Journal of Tourism & Hospitality. Vol.6, Issue.3, pp.

Kim, W.G., Li, J. & Brymer, R. (2016) The Impact of Social Media Reviews on Restaurant Performance: The Moderating Role of Excellence Certificate. Journal of International Hospitality and Management. Vol.55, pp.41-51

 

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

Categories
All samples
Essay (any type)
Essay (any type)
The Value of a Nursing Degree
Undergrad. (yrs 3-4)
Nursing
2
View this sample

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image

Order your essay today and save 30% with the discount code Happy