Internet Marketing in Business Unit Essay

Describe the role internet marketing has within a modern marketing concept: Internet marketing is the promotion of products and services using the Internet. Lower Costs, Products and services and international customers are its main advantages. This Type of marketing also keeps digital customer data management and electronic customer Relationship management (ECRM), which are widely used in businesses today. Different types businesses have benefited from internet marketing when it comes to cost, And sales, instantly millions of people can have access to company/business, its products Or services, you can do this at any time anywhere in the world. Normally communication Would be done by e-mail reducing cost in telephone calls. This benefits not only businesses That doesn’t have to spend a lot of money on traditional ways of advertising but also benefit Consumers who do not need to make telephone calls to know more about a company and Its products or services; it’s possible to find out everything with a few clicks. Internet marketing is also used to close deals which make the process easier and cheaper, For the business and the customer. Even a mobile phone contract can be done by internet. Internet marketing also helps targeting customers in other countries as products or services Easily reach customers anywhere in the world through internet marketing. The marketing mix is also an important part of internet marketing; it is a main ingredient In internet marketing it is also known as the 4p’s, which is place, promotion, products and Price, every business uses this when start up because it is simple and very affective and give A good impact on the business * Place: where your business is located, how can customers reach you? The internet is the best place for a business because customers can get on it 24/7 * Promotion: internet marketing allows business to advertise on website such as facebook which is used by the whole world. * Products: what is your target market what products should you provide. Businesses online provide a wider range of ptroducts than the business. * Price: is the price suitable for the products your providing and the location yourProviding it from. Internet marketing provide cheaper prices and better offers than the acctual branch/business