Preview

Impact of Digital Marketing on Sales

Powerful Essays
Open Document
Open Document
4911 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Impact of Digital Marketing on Sales
IMPACT OF DIGITAL MARKETING ON SALES IN EMERGING MARKETS

EXECUTIVE SUMMARY:
Embracing emerging trends and technologies helps marketers create a sustainable competitive advantage for their business. Emerging marketing trends and technology, such as big data, social media mobile, context-aware computing and the Internet of Things, create unprecedented opportunities to engage customers, fuel growth and take market share. As a digital marketer, you can be overwhelmed by how quickly new technologies become mainstream. A Facebook yesterday is a Pinterest today and a socially enabled, real-time, mobile personal assistant tomorrow.

The objective of this paper is to look at the impact digital marketing has on sales especially in emerging markets. The major aspects of digital marketing that would be covered are as mentioned below:
Digital Marketing Essentials
Multichannel Marketing
Data-Driven Marketing
Mobile Marketing
Monetized Digital Marketing through Commerce
Social Marketing

Evaluating the impact of digital strategy:
Evaluation of the ‘true impact’ of the digital marketing strategy & spend, is a multi-phase journey. It could be broken down into five distinct phases:
Datawarehousing & Reporting
Dashboarding
Statistical Analysis
Predictive Analysis
Optimization

The research paper analyzes the current situation with respect to developing countries in the digital environment. It would also study the "digital divide" and the differential pattern of developing and least developed countries in take-up of the new technologies, the changing nature and demographics of Internet use as well as the role of innovation and creativity in making digital marketing a success.

The Evolution of Digital Marketing in Developing markets
The Digital Divide
Access & Participation in the Digital Economy
Opportunities & Challenges

The paper studies and analyzes the influence on the 4Ps of Marketing by the onset of the Digital

You May Also Find These Documents Helpful

  • Good Essays

    The internet is a medium that can help the marketing process. Not only does it help it adjusts and reforms what businesses can do. However , before looking at the distinctive features of internet marketing , it is necessary to have some grasp of traditional marketing principles and processes in the physical world.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The article starts by showing why the marketing tactics of five years ago would not work in the today’s world. With so much advancement taking place in the field of technology, it is only fair to say that mobile phones are becoming a major source for marketing and advertising. Also, because the use of internet increases the efficiency of advertising by reaching to customers all over the world, going online is the smart…

    • 585 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    International Marketing

    • 420 Words
    • 2 Pages

    Students are to present a research report on the implications of Internet technology in the international marketing of the firm. More specifically, the impact of the Internet on international marketing performance indicators such as sales from international customers has become clear (Mathews, Healy and Wickramasekera 2011). International marketing managers must be aware of this changing environment and the impact on marketing activities in international markets such as “the consumer experience”. Students are to draw upon the literature to highlight key areas where change is altering the international marketing activities and performance of the firm, as per the scenario and context below.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Case Analysis: Tire Rack

    • 1306 Words
    • 6 Pages

    Somebody ought to stock a few of every tire, sell them over the phone, and ship…

    • 1306 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Bibliography: Keane, M. (2009, December 02). Econsultancy Digital Marketers United . Retrieved April 01, 2011, from Econsultancy.com: http://econsultancy.com/us/blog/5017-q-a-groupon-s-andrew-mason…

    • 5483 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Unit 12 Assingment Brief

    • 2821 Words
    • 12 Pages

    The underpinning marketing principles of Internet marketing remain and are enhanced and supported by new technologies. The nature of technological development is such that information and communication technology (ICT) can move faster than the market itself, so products and technologies become out of date soon after they reach the mainstream customer.…

    • 2821 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Introduction: In this task I will describe the role of internet marketing within its modern marketing operation. This task will be related to how adidas operate with the use of internet marketing and how they’ve coped with the changes of modern marketing in recent years. In addition I will also relate different aspects to different businesses .The following below would be accessed:…

    • 2655 Words
    • 11 Pages
    Good Essays
  • Good Essays

    In the early 1990’s, sales of Encyclopedia Britannica sets fell and this brought increasing competition from CD-ROM encyclopedia versions, such as Microsoft’s Encarta. During 1993, Britannica launched a subscription version of the encyclopedias for institutional users only. In 1994 Encyclopedia Britannica's sales were reported at $453 million, with only some 51,000 bound sets sold in the United States. Also during the same year, Encyclopedia Britannica sold its Compton's division to The Tribune Company.…

    • 1254 Words
    • 6 Pages
    Good Essays
  • Good Essays

    This paper will discuss the impact of Internet on the international marketing spectrum. One way to analyse this issue is through identifying the pros and cons of using internet as a marketing tool, and finally its implication for international marketers, professionals and academics.…

    • 1852 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    With the help of traditional marketing a business can reach a specific target audience that may not have access to the internet and this can be the only way to reach certain people. Certain customers may also prefer a physical printed piece to view. On the other hand, a key digital marketing objective is engaging customers and allowing them to interact with the brand through servicing and…

    • 1545 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Media Mix

    • 4968 Words
    • 20 Pages

    Improvements in online measurement and the growing adoption of consumer listening platforms are laying foundation for a new framework for maximizing brand value through mixing and weighting “Paid” and “Earned” media online that we might refer to as “Media Mix Modeling 2.0.” Paid and earned media complement and reinforce one another, especially with correct levels of brand readiness, agility, advocacy and latency working in the background. This paper will provide marketing and research stakeholders with a framework and decision-guide for thinking about paid, earned, and blended media inputs using select examples of cross-platform integration, from Super Bowl advertising to Twitter’s echo effect on primetime television shows and advertising. We will discuss how this should inform key operational choices such as resource, media spend, and indirect marketing (e.g. CRM, customer service, social media engagement) decisions. Nielsen learned through in-depth analysis of both paid and earned media inputs during the 2010 Super Bowl that the interplay of the two made a significant difference for participating brands. Coordinated activity increased brands’ overall level of conversation and primed the ad buy for an ongoing annuity of free media through search results and site indexing, among other things. We also learned that it mattered for brands to be prepared and primed – we use the terms “brand readiness” and “brand agility” before a paid media investment. This paper will detail those learnings as well as high-level learning from the 2010 Olympics and Academy Awards.…

    • 4968 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Boom in technology is an advantage in the marketing landscape as it creates new ways for companies to learn and connect to their customers. It helps marketers to target consumers more effectively on a faster, low cost basis; at the same time build closer, two-way relationships. Searches on Google are tracked to create customer profiles in order to recommend appropriate advertisements. Facebook, Twitter and mobile applications are another advantage as companies can connect with their customers on a more personal level.…

    • 499 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Digital Marketing in India

    • 1106 Words
    • 5 Pages

    Digital marketing is an addressable marketing method where relevant marketing communications are delivered to individuals through the e-mail, Web, and mobile channels using an e-mail address, a Web browser cookie, and a mobile phone number.…

    • 1106 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    The internet has changed the world in which we sell. It reaches beyond being a new channel for marketing and offers a new paradigm for the way consumers connect with brands and with each other. The models in which we use to understand and crafting a digital marketing strategy:- Context, Objectives, Value exchange, Tactics and evaluation, Metrics, ongoing optimization.…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    the guardian

    • 2860 Words
    • 10 Pages

    DIGITAL MARKETING: DANIEL J. WOOD Digital and non-digital native strategies analysis The Guardian Words count : 2504 Patrick Kibale “The Guardian has realised that digital isn’t just an extension of their print offering. They understand that digital journalism is different from its print counterpart. They realise that they’re old processes will need to adapt for the digital age.”…

    • 2860 Words
    • 10 Pages
    Powerful Essays

Related Topics