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The Modern Approach
April 14th, 2008 by Janelle Vadnais

All across the United States, more people and businesses are turning towards their computers to save money as well as get ahead. There is now a wave of people out there who are using the Internet to create social networks as well as facilitate the exchange of information. Internet marketing has been around for a little while, but it still seems like brand new to a lot of people. Companies see the value in marketing on the Internet as opposed to other, more traditional means of advertising such as news media and print (you’ll recall my blog on the Yellow Pages). hands-typing-70.jpg

So, why the Internet? Why is there this huge push for Internet marketing, and why (like that Kevin Bacon game) does everything seem to lead back to it lately? Well, for starters, Internet marketing is beginning to change the way that most companies do business. Even smaller businesses can jump in because Internet marketing is still fairly affordable. It’s a cost effective means that save businesses tons of money in advertising costs. It also helps to facilitate communication around the world. For example, any business owner can simply type a question into Google or any other search engine and more than likely find the answer he/she was looking for. Within a matter of minutes, you can send a detailed email message with pictures and links to other articles or videos to you business partners in Asia or your best friend around the block.

Additionally, marketing/advertising campaigns for most companies can be expensive. For example, it may cost a company anywhere from $10k-30k for a one page advertisement in a newspaper or some other form of traditional media. However, if that company decided to advertise on the Internet, it would cost them only a tiny portion of what they paid. The smarter choice, it would seem, would be Internet marketing. With all the craze of the World Wide Web and everyone using it for every and anything, it doesn’t automatically mean that traditional advertising in newspapers and magazines will end….at least- not yet…

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6 Responses  
Yetti - Email Marketing writes:
April 15th, 2008 at 2:02 am

Yes, I agree that Internet Marketing is still a cost effective way to promote a business online.

Email marketing can be applied to every business… no matter what type of product or service you sell.

For example, you own a local hair salon.

You can simply get the e-mail address of your customers when they are paying you, letting them know that you will be sending them discount coupons every month.

By building email list, you can remind your customers to come back to your hair salon again and again!

When your business is slow, you can send an email to your customers by offering special discounts as incentives for them to come back to your salon.

All you have to do is to remind them that you are there.

It costs you nothing, but it helps to build rapport and loyalty with your customers.

Yetti

Janelle writes:
April 16th, 2008 at 8:44 am

Yetti-

Thanks for the comment. I totally agree with you. Marketing is not always about “selling” the product (although that is still what you hope the end result will be). Rather, it is about maintaining and building relationships with people. Great idea with the email list.

-janelle-

JBourne writes:
April 18th, 2008 at 4:16 pm

But hasn’t traditional advertising in newspaper and magazines been dying down over the recent years since more and more people are getting their news online?

Newspaper and magazine marketing certainly has its place because they will always be popular, especially in large cities, and there will always be advertising there in order to fill a niche market so that you will build awareness with loyal readers. It certainly does cost more, but the lore is still there given the high number of readers.

Janelle writes:
April 21st, 2008 at 8:24 am

JBourne,

Great comment! Yes, I agree that traditional advertising has been dying in recent years due to online marketing and advertising. I think that there will always be a sort of appeal to opening a newspaper versus opening a web browser; however, the future remains to be seen with regards to whether or not newspapers and magazines will survive.

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