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EUROPEAN UNIVERSITY OF LEFKE
FACULTY OF ARCHITECTURE & ENGINEERING
DEPARTMENT OF COMPUTER ENGINEERING
GÖKHAN ÖZKÖK
282364
ENGG437
ENTREPRENEURSHIP & LEADERSHIP
ASSIGNMENT#2
GökhaNET
Internet Marketing Services
What is Internet Marketing?
Depending on whom you ask, the term Internet marketing can mean a variety of things. At one
time, Internet marketing consisted mostly of having a website or placing banner ads on other
websites. On the other end of the spectrum, there are loads of companies telling you that you
can make a fortune overnight on the Internet and who try to sell you some form of "Internet
marketing program".
Overview of Internet Marketing Services as a Business
Internet marketing services are in high demand in an industry that is growing by leaps and
bounds. Anyone who has an online business presence needs to know how best to effectively
market their website on the Internet and most will consult an Internet marketing firm for
assistance. That's where the independent Internet marketing specialist comes in. And, because
there are so many facets of Internet marketing, an owner of an Internet marketing firm might
decide to provide a wide variety of Internet marketing services or specialize in only a few.
Marketing Potential & Business Plan - Strategy
Of all of the components of Internet marketing, prospective customers and clients expect a
business to have a website. In fact, not having one could raise a red flag to a prospect. Online
usage has become so pervasive today, many prospects might easily choose to do business with
a company that they can get up-to-date information on 24 hours per day, 7 days per week.
Even a business that only has very local customers, such as a single location restaurant or shoe
store can benefit from having a website and engaging in online marketing. And, those
businesses whose customers are not restricted to a geographical area might have a difficult time
finding an alternate method of attracting customers that offers the reasonably low expense and
worldwide reach of a Web presence.
Because of the "virtual" nature of most home businesses, websites, if not an absolute necessity,
can certainly provide benefits to a home business operator. Since most home-based businesses
don't have a physical location, a website provides an inexpensive means for prospects to get to
know what you do or what you sell and can even be a "storefront" for selling goods and services
directly.
The Internet has greatly enabled home businesses to prosper because of the reasonably low
cost to start and maintain a web presence. Therefore, Internet marketing should be part of
your business plan and your marketing strategy.
Advantages of Internet Marketing
Marketing is an essential component for product proliferation and adoption across the targeted
audience. Conventional marketing strategies have always been associated with a hefty budget
and market research requirements. As the world is becoming smarter and more efficient people
across the globe have started realizing the benefits of Internet Marketing. Internet has been able
to penetrate all parts of the globe. Businesses and humans are not limited to a particular
geography and all corners of the world are facilitating from the ease and use of Internet
marketing initiatives.
There are too many advantages of using Internet marketing as the modern tool and strategy to
draw more customers to trigger unprecedented growth. Let’s explore some of the key ones:
Internet marketing has been more effective when measured on the aspect of product meeting the eyes of an end user.
You can design and woo your customers in a better way without much time and investments on an Internet Marketing enabled campaign. With less cycle time you can meet more needs of your customers when compared to conventional channel.
One of the best aspect of an Internet Marketing campaign is that it meets the eye of the target much faster and in a concentrated way.
You can manage your leads and convert them into opportunities in a faster manner too.
It has proven to provide a clear cut communication between the customer and the service provider.
Internet marketing leads to product innovation. Vendors are informed about the preferences and likings of the end user and they manufacture or present the services in a desired manner.
Proliferation of your service portfolio is pretty easy and simple online. Within no time you can create a campaign and send it across to major social networks including LinkedIn, Twitter or Stumble Upon. You can better your online revenues and increase your bottom-line over the period of time.
With better customer satisfaction and increased bottom-line you are sure to become a prominent entity in the segment of your industry.
More people admit to the fact that Internet marketing and an online presence can provide a more trustworthy image of self or business online. It has helped in new customer acquisition and growth even in the challenging times of recession.
Internet as an arena is growing year by year. More number of users are buying or are interested
in buying products and services online than ever before. Challenges will lie ahead for the
vendors to differentiate themselves in order to stay in the hunt of customer acquisition,
Retention and growth. Innovation through Internet and Internet marketing can help companies to
stay afloat and nurture their talent pool and strengths in correct direction.
So if you have been interested all this while in carrying out Internet Marketing efforts, make an
attempt now. Just ensure that you know your niche and the demands of customers well enough.
You are sure to grow your online business if you can offer value to your customers online.
Internet Marketing Patented Technological Services Examples
Some examples of Internet marketing services you may want to offer through your Internet
marketing firm are:
Email marketing
Article marketing
Web content freelance writing
Pay Per Click (PPC) advertising
Search engine optimization (SEO).
Many Internet marketing services firms offer all of these services because in a sense they all
mesh together.
While your Internet marketing services do not have to focus only on search engine marketing, it
is an area of Internet marketing that is in very high demand. Reading about Search Engine
Marketing will get you pointed in the right direction and will serve to give you some more ideas
about how you want to structure your Internet marketing firm.
Internet Marketing Services Groups and Organizations
SEOMoz
Search Engine Land
eMarketing Association
SEMPO (Search Engine Marketing Professionals Organization)
At the present time, internet marketing recommendations:
Today, Internet marketing, or online marketing, is evolving into a broader mix of components a
company can use as a means of increasing sales - even if your business is done completely
online, partly online, or completely offline. The decision to use Internet marketing as part of a
company's overall marketing strategy is strictly up to the company of course, but as a rule,
Internet marketing is becoming an increasingly important part of nearly every
company's marketing mix. For some online businesses, it is the only form of marketing being
practiced.