Angela-Mihaela MASTACAN
George Bacovia University, Bacau, ROMANIA Key words: internet marketing, electronic commerce, trends Abstract: Internet marketing uses the power of electronic commerce to sell and market products. Electronic commerce refers to any market on the internet. Electronic commerce supports selling, buying, trading of products or services over the internet. Internet marketing forms a subset of electronic commerce. With the outburst of internet growth, internet marketing has started becoming very popular. It is said that Internet marketing first began in the beginning of 1990 with just text-based websites which offered product information.
With growth in internet, it is not just selling products alone, but in addition to this, information about products, advertising space, software programs, auctions, stock trading and matchmaking. A few companies have revolutionized the way, internet can be used for marketing, such as Google.com, Yahoo.com, Amazon.com, Alibaba.com and Youtube.com. Internet marketing has brought forth so many strategies such as affiliate marketing which consists of pay per click, pay per view , pay per call, pay per click advertising. Affiliate marketing also includes banner advertisements. In addition to this e-mail marketing, viral marketing, interactive advertising, blog or article based marketing are also popular. There are newer marketing techniques being invented all the time. It is important to know how the trend would be. Companies are inventing new techniques to find better ways to make revenue and establish their brand on the internet. Consumers are becoming more and smarter. They don’t want to be a party to the internet advertising campaigns made by companies unless they get some incentive in doing so. They would be quite keen in participating in campaigns provided they are compensated in someway by the companies. There are usually 2 or 3 parties involved in internet marketing. It
Bibliography: Barnes, Stuart, e-commerce and v-business. Digital enterprise in the Twenty-first Century, second edition, ed. Butterworth-Heinemann, 2007 Castells, Manuel, The Internet Galaxy. Reflections on the Internet. Business and Society, Oxford University Press, 2001 Chaffey, Dave, Internet Marketing – Strategy, Implementation and Practice, Pearson Education Limited, 2006 Choi Soon-Yong, Whinston, B. Andrew, Internet Economy. Technology and Practice, Editura SmartEcon Publishing, Austin, 2000 Gillies, James, Cailliau, Robert, How the Web Was Born. The Story of the World Wide Web, Oxford University Press, 2000 Haig, Matt, Manual de e-Marketing (e-Marketing Handbook), Editura Rentrop & Straton, Bucureşti, 2005 Hanson, Ward, Principles of Internet Marketing, South-Western College Publishing, Ohio, 2000 Kotler, Philip, Managementul marketingului (Management-Marketing), Editura Teora, Bucureşti, 2005 Libai Barak, Biyalogorsky, Setting referral fees in affiliate marketing, Journal: Journal of Service Research, JSR, Volume 5, Issue 4, Pages: 303-315, Provider Proquest, Year 2003. Modahl, Mary, Now or Never: How Companies Must Change to Win the Battle for Internet Consumers, Harper Business, 2001 Mohammed, Rafi; Fisher, J. Robert; Jaworski, J. Bernard; Aileen, M. Cahill, Internet Marketing: Building Advantage in the Networked Economy, Editura McGraw-Hill, 2000 52 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.