direct and internet marketing
TRANSCRIPT
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By- Prof. Snehal Chincholkar
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What is Direct Marketing ?What is Direct Marketing ?
The New Direct Marketing is an information driven marketing process, made
possible by database technology, that enables marketers to develop, test, implement,measure, and appropriately modify customized marketing programs and strategies.
New Direct Marketing, 3rd Edition, by David Shepard Associates
Direct marketers seek to generate a direct and measurable response to advertising.
Direct marketing is an interactive system of marketing which uses one or more
advertising media to effect a measurable response and/or transaction at any location.
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What can be sold via direct marketing ?What can be sold via direct marketing ?
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y The term direct marketingis believed to have been first used in
1967 in a speech by LesterWunderman, who pioneered direct
marketing techniques with brands such as American Express and
Columbia Records.
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Reasons for the growth in directReasons for the growth in direct
marketingmarketing
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Objectives of direct marketingObjectives of direct marketing
Direct ordering.
Providing information.
Visit generation.
Trial generation.
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Techniques of Direct MarketingTechniques of Direct Marketing
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Tele MarketingTele Marketing
Telemarketing is a method of direct marketing in
which a salesperson solicits to prospective
customers to buy products or services, either over
the phone or through a subsequent face to face or
Web conferencing appointment scheduled duringthe call.
The two major categories of telemarketing areBusiness-to-business
Business-to-consumer.
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SubcategoriesSubcategories
y Lead Generation, the gathering of information
y Sales, using persuasion to sell a product or service
y Outbound, proactive marketing in which prospective and
preexisting customers are contacted directly
y Inbound, reactive reception of incoming orders and requests for
information. Demand is generally created by advertising,
publicity, or the efforts of outside salespeople.
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Applications of telemarketingApplications of telemarketing
Generate leads.
Screen leads before follow up.
Arrange opportunities for representatives.
Direct sales.
Encourage cross / up selling.
Dealer support.
Account servicing.
Market research.
Test marketing.
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Direct mailDirect mail
y The most common form of direct marketing is direct mail, sometimes
called junk mail, used by advertisers who send paper mail to all
postal customers in an area or to all customers on a list. The term
direct mail is used in the direct marketing industry to refer to
communication deliveries by the Post Office, which may also be
referred to as "junk mail" or "admail" or "crap mail" and may involvebulk mail.
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Junk mail includes-
Advertising circulars,
Catalogs.
Free trial CDs.
Unsolicited merchandising invitations.
That may be of two types-Individual Mail
Catalogs
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DRTVDRTV
y Direct marketing on TV (commonly referred to as DRTV) has
two basic forms:
y Long form (usually half-hour or hour-long segments that
explain a product in detail and are commonly referred to asinfomercials)
y Short form which refers to typical 0:30 second or 0:60 second
commercials that ask viewers for an immediate response(typically to call a phone number on screen or go to a
website).
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Direct sellingDirect sellingy Direct selling is the sale of
products by face-to-face
contact with the customer,
either by having salespeople
approach potential customers
in person, or through indirectmeans such as Tupperware
parties.
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Door to Door LeafletDoor to Door Leaflet
MarketingMarketingy Leaflet Distribution services are used extensively by the fast foodindustries, and many other business focusing on a local catchment
Business to consumer business model, similar to direct mail
marketing, this method is targeted purely by area, and costs a
fraction of the amount of a mail shot due to not having to purchase
stamps, envelopes or having to buy address lists and the names ofhome occupants.
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Voicemail MarketingVoicemail Marketing
y One more type of direct marketing has emerged out of the market
prevalence of personal voice mailboxes, and business voicemail
systems. Due to the ubiquity of email marketing, and the expense of
direct mail and telemarketing, voicemail marketing presented a cost
effective means by which to reach people directly, by voice.
Ex-Vodafone , Idea .
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Direct Response printDirect Response print MdiaMdia
y Magazines
y Newspapers
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Mail Order Marketing or Mail orderMail Order Marketing or Mail order
businessbusiness
y The entire process takes place by mail from buyer up to
the seller.
y Ex-Anjali textile ,Surat Diamonds , Mothercare India.
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A Comparison ........A Comparison ........
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New Direct MarketingApproachesNew Direct MarketingApproaches
y Internet Direct Marketing
y Videotex Direct Marketing
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Integrated CampaignsIntegrated Campaigns
y For many marketers, a comprehensive direct marketing campaign
employs a mix of channels. It is not unusual for a large campaign to
combine direct mail, telemarketing, radio and broadcast TV, as well
as online channels such as email, search marketing, social
networking and video. In a report conducted by the Direct
Marketing Association, it was found that 57% of the campaignsstudied were employing integrated strategies. Of those, almost half
(47%) launched with a direct mail campaign, typically followed by
e-mail and then telemarketing.
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Managing a direct marketingManaging a direct marketing
campaigncampaign
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Reasons for the growth ofDirectReasons for the growth ofDirect
MarketingMarketing
y Changing Life style
y Gaps in retailing
y Technologyy Consumer credit
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Database MarketingDatabase Marketing
Database Definition:
A marketing database is a comprehensive collection of interrelateddata serving multiple applications, allowing timely and accurate on-demand retrieval of relevant data, and having a data management
system independent of application.
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DMAdvantages:DMAdvantages:
y Lead grading
y Customized targeting at the right time
y New information & past results help formulate strategy
y Information can drive new programs & fuel new revenue sources
y Information can foster new services & generate repeat orders
y Ongoing communication efforts can increase customer loyalty
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Internet MarketingInternet Marketing
y Internet marketing, also known as digital marketing, web marketing, online
marketing, ore-marketing, is the marketing of products or services over the
Internet.
y Internet marketing ties together the creative and technical aspects of the Internet,
including design, development, advertising, and sales. Internet marketing alsorefers to the placement of media along many different stages of the customer
engagement cycle through search engine marketing (SEM), search engine
optimization (SEO), banner ads on specific websites, email marketing, and Web
2.0 strategies.
y The term Web 2.0 is associated with web applications that facilitate
participatory information sharing, interoperability, user-centered design,and
collaboration on the World Wide Web. Examples ofWeb 2.0 include social
networking sites, blogs, wikis, video sharing sites, hosted services
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Types Of Internet MarketingTypes Of Internet Marketing
y Search Engine Optimization ( SEO)
y Search Engine Marketing(SEM)
y
Digital Asset Optimizationy Viral Marketing
y Email Marketing
y Affiliated Marketing
y Blog Marketing
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Search Engine Optimization ( SEO)Search Engine Optimization ( SEO)
y Search engine optimization (SEO) is the process of improving the volume
or quality of traffic to a web site from search engines via "natural" or un-paid
("organic" or "algorithmic") search results.
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Search Engine Marketing(SEMSearch Engine Marketing(SEM))
Search engine marketing, or SEM, is a form of
Internet marketing that seeks to promote websites by
increasing their visibility in search engine result
pages (SERPs) through the use of paid placement,contextual advertising, and paid inclusion.
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Digital Asset OptimizationDigital Asset Optimization
y Digital Asset Optimization is the new trend in the search engine
optimization. Promoting your digital assets like videos, Images ,
Documents ,Presentations through digital media channel.
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Viral MarketingViral Marketing
Marketing phenomenon that facilitates and encourages people topass along a marketing message.
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These are few types ofViral MarketingThese are few types ofViral Marketing
y Pass-along: A message which encourages the user to send the message to
others. The crudest form of this is chain letters where a message at the
bottom of the e-mail prompts the reader to forward the message.
y
Incentivized viral: A reward is offered for either passing a message alongor providing someone else's address. This can dramatically increase
referrals. However, this is most effective when the offer requires another
person to take action.
y
Undercover: A viral message presented as a cool or unusual page,activity, or piece of news, without obvious incitements to link or pass
along. In Undercover Marketing, it is not immediately apparent that
anything is being marketed.
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Continue..Continue..
y User-managed database: Users create and manage their own lists of
contacts using a database provided by an online service provider.
By inviting other members to participate in their community, users
create a viral, self-propagating chain of contacts that naturally
grows and encourages others to sign up as well.
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EE--mail Marketingmail Marketing
E-mail marketing is a form of direct marketing
which uses electronic mail as a means of
communicating commercial or fundraising
messages to an audience
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Blog MarketingBlog Marketing
y Blog marketing is the term used to describe internet
marketing via web blogs. These blogs differ from
corporate websites because they feature daily or weekly
posts, often around a single topic.
y A blog (a contraction of the term "web log") is a type of
website, usually maintained by an individual with
regular entries of commentary, descriptions of events, or
other material such as graphics or video.Ex-
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Affiliated MarketingAffiliated Marketing
y Affiliate Marketing is an Internet-based marketing
practice in which a business rewards one or more
affiliates for each visitor or customer brought about by
the affiliate's marketing efforts. It is an application of
crowd sourcing.
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Social NetworkingSocial Networking
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IndiaAnd Internet MarketingIndiaAnd Internet Marketing
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Advantages of Internet MarketingAdvantages of Internet Marketing
y Internet marketing is relatively inexpensive when
compared to the ratio of cost against the reach of the
target audience.
y Wide range of audience.(Even global)
y Measuring statistically is easy and inexpensive.
y Can be customized.
y Quick.
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Challenges ..Challenges ..
y Education/Awareness
y Legal/regulatory problems
1. E-documentation not yet legally admissible.
2. Absence of taxation law
y Infrastructural Problems
1. Low density of telephone, Pcs and Internet
2. Bandwidth Limitation
3. Networking Limitation
4. Infrastructure and bottlenecks at the delivery end
y
Commercial Problemsy Other problems-
1. Confidence in system is low
2. Problem of Hacking
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ReferencesReferences
y Direct marketing by Mukesh Chaudhary
y Direct Marketing by William J. McDonald
y Marketing Management by V S
Ramaswamy
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Thanks..