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Internet Marketing

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Advertising reinforces the effectiveness of free media. Initial studies indicate that banner ads can help build brand awareness ... – PowerPoint PPT presentation

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Title: Internet Marketing


1
Internet Marketing
Traffic and Brand Building
2
Topics
  • Smart browsing
  • Traffic as value
  • Traffic through visibility
  • Domain branding
  • Managing your portal presence
  • Publicity and word of mouth
  • Paying for traffic
  • Alliance and co-branding
  • Online ads
  • Evaluating traffic sources

3
Traffic as Value
Value and Scarcity
  • Value is based on scarcity of supply, not
    necessarily benefits
  • The supply of Web content is growing faster than
    the number of users
  • While the volume of online material provides
    ever-increasing value to network users, the the
    battle for attention is severe

4
Headline
Publication Date
Paraphrase current articles on the battle for
traffic
5
Traffic as Value
Elements of a Web Traffic Plan
  • Acquiring traffic is expensive
  • And critical to Web marketing success
  • First step make the site easy to find by new
    users
  • The steps in Figure 9.3 build on each other

6
Traffic as Value
Elements of a Web Traffic Plan
  • Retaining traffic is profitable
  • Site loyalty dramatically lowers the cost of
    maintaining web site traffic
  • Fewer new users must be attracted to maintain a
    profitable user base

7
Traffic as Value
Elements of a Web Traffic Plan
  • Developing Traffic Requires Value
  • Visit duration is the online equivalent to time
    in a store
  • Long visit duration allows
  • More time to communicate the message of the site
  • Additional opportunities to engage in commerce
  • More chances to build commitment and loyalty
  • Exposure to more advertising or alliance partner
    impression

8
Traffic as Value
Elements of a Web Traffic Plan
  • Visit duration is a good measure of customer
    value
  • The higher the value of a site, the longer the
    duration of visits

9
Traffic Through Visibility
Traffic Builders Domain Names
  • A domain name is the address a customer uses to
    find your site
  • Poorly chosen names can hinder success
  • Once chosen, domain names can be difficult to
    change without significant expense
  • A domain name strategy should
  • Reinforce branding
  • Build traffic
  • Anticipate consumer behavior and mistakes

10
Traffic Through Visibility
Traffic Builders Domain Names
11
Traffic Through Visibility
Guidelines for Effective Domain Names
12
Traffic Through Visibility
Traffic Builders Portal Presence
  • Search engines and directories are common ways to
    find a companys web site
  • Problems
  • A single search often produces thousands of
    results
  • Less than 1 percent of Web pages show up in all
    four of the most popular search engines

13
Traffic Through Visibility
Traffic Builders Portal Presence
  • Search engines retrieve pages on the basis of
    keywords, meta-tags, page titles other content
  • Secure a high ranking
  • Classify your site with proper keywords,
    descriptors and categories
  • Make sure important Web pages are listed with all
    major search engines
  • Multiple listing is important to ensure exposure,
    as each search engine will return a different set
    of results to a query
  • Work with directories (like Yahoo!) to make sure
    they properly locate your site

14
Headline
Publication Date
Its usually possible to find current news on
which search engines and directories drive the
most traffic
15
Traffic Through Visibility
The Emergence of Specialized Portals
  • A specialized portal focuses on a specific
    industry
  • Special directories provide editorial control by
    industry experts, categorization schemes and the
    ability to reflect rapid change in a particular
    industry

16
Traffic Through Visibility
Electronic Word of Mouth and Diffusion
  • Positive word of mouth and publicity motivate
    potential users into trial
  • Loyal users are the main source of positive word
    of mouth
  • Nonusers and disgruntled consumers are more
    likely to provide negative comments

17
Traffic Through Visibility
Net Word-of-Mouth Technologies
  • E-mail among friends and biz acquaintances
  • Usenet groups
  • E-mail listservs
  • AOL and other online forums
  • Industry portal discussion areas
  • Online and traditional media coverage of the Net

The Net amplifies the power and accelerates the
speed of user feedback
18
Traffic Through Visibility
Opinion Leaders Online
  • Opinion leaders are well-respected industry
    participants journalists, or lead users known for
    expertise
  • Reaching opinion leaders is a key success factor
    of an e-commerce strategy
  • Opinion leaders can be reached via e-mail and
    social networks

19
Traffic Through Visibility
URL Placement
  • Integrate your domain name wherever possible
  • Manuals, warranties, software programs
  • Familiar advertising settings
  • Billboards, buses, bills, company brochures,
    radio advertisements, public speeches, menus in
    restaurants, park benches, shopping bags
  • To track which medium is driving traffic
  • Use unique identifiers
  • Use different Web addresses with different media
    messages

20
Paying for Traffic
Interactive Advertising
  • Banner ads are the dominant form of online
    advertising
  • Clickable graphic images that take a user to
    another Web location
  • Pricing is usually based on the number of
    impressions
  • Negotiated prices, volume discounts, and barter
    arrangements are common
  • Each banner also carries a unique identifier
  • This allows a business to track the
    effectiveness of each placement in generating
    traffic

21
Paying for Traffic
Online Advertising Effectiveness
From Visits to Purchases
22
Paying for Traffic
Online Advertising Effectiveness
  • Online ad banners are simple to create and
    implement
  • Experimentation is cheap and easy
  • Click-through rates are fairly low
  • Higher click-through rates associated with
  • Bold colors
  • Top-of-page placement
  • Animation
  • Call to action
  • Limited frequency of exposure

23
Paying for Traffic
Brand Building with Banner Ads
  • Banner click-through rates are often as low as 2
    percent
  • This reduces the effect of online brand building
  • Many feel that branding still requires the power
    and imagery of television and radio until users
    have better technology

24
Paying for Traffic
Brand Building with Banner Ads
  • Paid advertising may be necessary to create the
    initial visibility to search engines
  • Several of the search engines use external links
    to traffic to determine a sites indexing
    frequency and placement in result lists
  • Advertising reinforces the effectiveness of free
    media
  • Initial studies indicate that banner ads can help
    build brand awareness
  • Even with no click-through, banners can trigger
    post-exposure visits to sites

25
Paying for Traffic
Online Advertising May Not Fit All Companies
  • Some sites generate sufficient traffic with other
    measures
  • If a business has a regional market, its best to
    avoid online advertising on sites with national
    or international scope
  • Regional sites, however, may be a great
    opportunity for online advertising
  • CitySearch, SideWalk, JustGo, Yahoo!

26
Evaluating Traffic Sources
Measuring the Returns
  • Measurable sources of traffic include
  • Search engines and directories
  • E-mail promotions
  • Publicity campaigns aimed at building awareness
    and trial
  • Links from newspaper articles and press releases
  • Dedicated software updates and links
  • Paid advertising expenditures to steer traffic to
    the site
  • Alliances and co-branding to generate traffic
    from affiliate sites
  • Web-log and commerce server data enable marketers
    to measure these sources

27
Evaluating Traffic Sources
Tracking Search Terms
  • Important to monitor the top-ranked keywords
    visitors use to find a site
  • Provides useful snapshot of the ways visitors
    remember and categorize a site

28
Evaluating Traffic Sources
Measuring the Returns
Revenues per Visit and per Page View are quite
high
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