2) A customer-centric approach to digital marketing considers the needs of a range of customers using techniques such as persona and customer scenarios (Chapter 2) to understand customer needs in a multichannel buying process. Tailoring to individual customers may be practical using personalisation techniques.
3) Electronic commerce refers to both electronically mediated financial and informational transactions.
4) Electronic business is a broader term referring to how technology can benefit all internal business processes and interactions with third parties. This includes buy-side and sell-side e-commerce and the internal value chain.
5) E-commerce transactions include business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C) and consumer-to-business (C2B) transactions.
6) There are six key digital media channels: search marketing; online PR; partnership (affiliate) marketing; display advertising; e-mail; and social media marketing. These communications techniques can be deployed across paid, earned and owned digital media.
7) The Internet is used to develop existing markets through enabling an additional communications and/or sales channel with potential customers. It can be used to develop new international markets with a reduced need for new sales offices and agents. Companies can provide new services and possibly products using the Internet.
8) Digital marketing can support the full range of marketing functions and in doing so can help reduce costs, facilitate communication within and between organisations and improve customer service.
9)