The Internet Micro-Environment E-Marketing. What are the Micro and Macro Internet Environments?

Slides:



Advertisements
Similar presentations
TARGET MARKET AND MARKET SEGMENTATION
Advertisements

Channels of Distribution
How is the internet used? How can I satisfy customers?
Analyzing Marketing Environment
Norton UniversityE-commerce in Action1 PART THREE E-commerce in Action.
Entrepreneurship Mr. Bernstein How to Conduct Effective Market Research, pp October 14, 2014.
Fashion Merchandising A
INTRODUCTION TO MARKET SEGMENTATION
Objectives Course Organization Tasks of Marketing Major Concepts & Tools of Marketing Marketplace Orientations Marketing’s Responses to New Challenges.
Learning Goals Learn the three steps of target marketing, market segmentation, target marketing, and market positioning Understand the major bases for.
Kotler / Armstrong, Chapter 7
© 2002 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin MANAGING MARKETING CHANNELS AND WHOLESALING.
If you build it they will come – you hope! If you build it they will come – you hope! Exploring E-Commerce Marketing on the Web.
E-Marketing/7E Chapter 8
TRIHADI PUDIAWAN ERHAN Universitas Pembangunan Jaya
4 P’s of Marketing.
Lecture 9 E-Marketing Segmentation, Targeting, Differentiation, and Positioning Strategies Instructor: Hanniya Abid Assistant Professor COMSATS Institute.
Objectives Be able to define the three steps of target marketing: market segmentation, target marketing, and market positioning. Understand the major.
Creating Value for Targeted Market Segments Presented by: Christian Gudino, Alec Monaco, Chad Sorensen, Ben Sullivan. The Customer-Driven Marketing Strategy.
Logistics Information Management, 14, 1/2, 2001, Nabisco: A Case Study Nabiskua Company Founded in 1991, is a supermarket for all the requirements.
©2003 Prentice Hall, Inc.To accompany A Framework for Marketing Management, 2 nd Edition Slide 0 in Chapter 1 Chapter 1 Defining Marketing for the Twenty-First.
SEGMENTATION AND PRODUCT PART 1 INTERNATIONAL MARKETING.
MARKETING MARKETING ENT 12.
Chaffey: Internet Marketing, 2nd edition © Pearson Education Limited 2003 OHT 2.1 Chapter 2 The Internet micro-environment.
©2006 Prentice Hall14-1 E-Marketing 4/E Judy Strauss, Adel I. El-Ansary, and Raymond Frost Revision.
Intro to Marketing Mr. Bernstein Target Markets and Market Segmentation September 18, 2014.
Differentiation, Segmentation, and Target Marketing Geographic (p 130) Geographic Demographic Psychographic Behavioral Benefits I live in Kanata!
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 10 Understanding Marketing Processes and Consumer.
2.03Summarize ways to reach markets. What is a market? The group of all potential customers who have similar needs and wants and have the ability to buy.
Marketing Strategies How Image FX Fits Into the Broader Marketing Picture.
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 10 Understanding Marketing Processes and Consumer.
Understanding Principles Of Marketing Pertemuan 09 Matakuliah: J Pengantar Bisnis Tahun: 2009.
The Marketing Concept Marketing Mix. What is “The Marketing Concept”? Satisfy customers’ needs and wants Make a profit.
IDENTIFYING MARKET SEGMENTS & SELECTING TARGET MARKETS Lecture 8.
© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON16-1 GOALS  Describe the nature of markets.  Identify trends that influence global marketing opportunities.
Chapter 7 Marketing Channel Strategy and Management.
CHAPTER 2 The Internet micro-environment
REVIEW. MARKETING CONCEPT FOCUS ON MAKING A PROFIT FOCUS ON SATISFYING WANTS AND NEEDS OF CUSTOMERS FOCUS ON COMPETITION.
Chapter 6 Market Analysis. Areas of Analysis w Industry w Target market and customer Market segments geographics demographics psychographics buying characteristics.
Doing Market Research Unit 2. Market Analysis  Industry – is a collection of businesses that are categorized by a specific business activity  Within.
2.02 Discuss the concept of market identification.
E-Marketing 5/E Judy Strauss and Raymond Frost
MARKETINGMARKETING. What is marketing? Finish the sentence: Marketing is...
PI – Describe the nature of target marketing in sport/event marketing
Ch. 6: Market Research A business must satisfy the __________of its customers to succeed To find out what customers need/want – Businesses conduct __________.
Principles of Marketing Lecture-9. Summary of Lecture-8.
Lesson 2 – Market Segmentation and Marketing Mix.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
Target Market & Market Share.. The 5 Billion dollar Industry We have assumed that the world cell phone market generates 5 Billion dollars of cell phone.
Standard 2 Fashion Marketing. Student will understand the basics of fashion marketing. Objective 1: Define Marketing Terms Objective 2: Describe the 4.
MGT301 Principles of Marketing Lecture-9. Summary of Lecture-8.
1 MARKETING ENT What is Marketing? Marketing Activities directing the flow of goods and services from producer to consumer or user. Marketing consists.
The Marketing Environment
MARKETING MANAGEMENT Segmentation, Targeting, and Positioning.
Fashion Marketing Marketing Function Basics.
Segmentation, Targeting, and Positioning Building the Right Relationships with the Right Customers Chapter 7.
Review Market - Group of people with sufficient purchasing power, authority, and willingness to buy Target market - Group of people a firm believes is.
Marketing 1 Lesson Plan Day 6
Are you ready to play How Much Do I Remember?
E-Marketing/7E Chapter 8
E-Marketing 5/E Judy Strauss and Raymond Frost
MARKETING MANAGEMENT 12th edition
5.02 Explain product positioning
Chapter 4 Research Find articles on the following related to business:
MARKETING MANAGEMENT 12th edition
E-Marketing/7E Chapter 8
Target Marketing.
CUSTOMER DRIVEN MARKETING STRATEGY
5.02 Explain product positioning
CHAPTER 7 CUSTOMER DRIVEN MARKETING STRATEGY
Presentation transcript:

The Internet Micro-Environment E-Marketing

What are the Micro and Macro Internet Environments?

The Internet Micro-Environment

The Internet Macro-Environment

Value Chain Analysis Value Chains are a visual depiction of an industry from producer to consumer. E-Marketing

Life of a Chair

What is disintermediation? Removing the middleman. The term is used to describe many Internet - based businesses that use web sites to sell products directly to customers rather than going through traditional retail channels. E-Marketing

What is disintermediation? By eliminating the middlemen, companies can sell their products cheaper and faster. Many people believe that the Internet will revolutionize the way products are bought and sold, and disintermediation is the driving force behind this revolution. From WebopediaFrom Webopedia

Life of a Chair Manufacturer sells directly to consumers via a web site.

Market Segmentation “A target market is a well-defined set of customers whose needs the organization plans to satisfy.” Philip Kotler - Philip Kotler “A target market is a well-defined set of customers whose needs the organization plans to satisfy.” Philip Kotler - Philip Kotler E-Marketing

Target Marketing Micromarketing (“niche”) Geographic Marketing Demographic Marketing Psychographic Marketing Micromarketing (“niche”) Geographic Marketing Demographic Marketing Psychographic Marketing E-Marketing

Micromarketing Body Jewelry Body Jewelry Body Jewelry Body JewelryE-Marketing

Geographic Marketing Coastal California Coastal California Coastal California Coastal CaliforniaE-Marketing

Demographic Marketing Retired People Retired People Retired People Retired PeopleE-Marketing

Psychographic Marketing Goth Stuff Goth Stuff High IQ High IQ Goth Stuff Goth Stuff High IQ High IQE-Marketing

Customer Behavior Strategies TrackersHuntersExplorersTrackersHuntersExplorers E-Marketing

Trackers – ready to buy, so make it easy to find. Amazon Trackers – ready to buy, so make it easy to find. Amazon E-Marketing

Customer Behavior Strategies Hunters – ready to buy if a there is an incentive. Body Jewelry Body Jewelry Hunters – ready to buy if a there is an incentive. Body Jewelry Body JewelryE-Marketing

Customer Behavior Strategies Explorers – use of “triggers” to make the site “sticky” so shopper stays until engaged enough to buy. Sports Outfitter Sports Outfitter Explorers – use of “triggers” to make the site “sticky” so shopper stays until engaged enough to buy. Sports Outfitter Sports OutfitterE-Marketing