so lo mo - masamayor, paulo miguel l
DESCRIPTION
ECOMMER presentation for Prof. Jaime BorromeoTRANSCRIPT
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• WHAT• HOW • WHY• IMPLICATIONS• TREND
By Mikee Masamayor
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WHAT : DefinitionsDefinition: Area where you engage with audience and
promote your message
Definition: Proximity; either physically or
online
Definition: Area where you engage with audience and
promote your message
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HOW does it work?CONSUMER BUSINESS
• Share Information through mobile device
• Synchronization of information• Allows interaction
• Opportunity to pinpoint prospects/target audience
• Designed and contextually relevant content
• Shift away from traditional advertising• More innovation• Consumers embrace these new unique concepts• Social media and local information are powerful tools
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WHY is it important?
• “To stay relevant, businesses need to get social, think local, and spend on mobile.”
• Benefits consumers and businesses• Increasing demands and expectations due to
technological advancement
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IMPLICATIONS
• Merchants and consumers will engage in more E-Commerce and online transactions
• Engage in fast moving information and more innovative ideas and businesses
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IMPLICATIONS
• Marketing competition online will intensify
• SME’s must take advantage of knowing how to market to their audience through social media or will be left behind
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TRENDS
• Continued growth in online businesses• Marketing online will increase• Smartphone-ready business information is a
must to survive
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TRENDS
• Marketing is more specific on prospects– Factors to be considered from one’s Location
• Businesses will take advantage of more accessible and specific information