Advantages of Internet Marketing

Despite the rapid expansion of internet marketing there are still many businesses who are wary of this new concept and prefer to stay with tried and tested marketing strategies.

However traditional advertising techniques marry well with internet marketing while the unique advantages of the latter more than enhance the possibilities of a successful advertising campaign. Let’s look at some of them:

Global marketing

The web is exactly what it says it is – world wide. This means that you are not restricted to a brick and mortar business but have a 24/7 online shop which caters not only to your local clients but to customers from all over the world. Since millions of people use the internet every day to search for products or services the opportunities for expanding your customer base are unlimited.

Cost effective

For a small business this could be one of the biggest advantages. Online marketing is not only effective compared to other forms of advertising, it is relatively inexpensive. A computer with internet access replaces office premises, sales staff, printed advertising brochures, costly TV or radio advertisements, and a multitude of other traditional marketing costs.

Product and service information is available to visitors to your website without the involvement of any sales staff, saving you time and money. And because of the ability to track the effectiveness of individual advertisements the return on your investment is potentially far greater than that of traditional advertising mediums.

Target audience

Unlike newspaper advertisements, for example, internet advertising enables you to reach your target audience effectively. Interested consumers can find your website by searching for the specific product or service that you offer. You can also place your adverts on niche websites which will be visited by your target consumers.

By using email marketing to promote new products or services, either by buying email addresses of potential customers or by following up on visitors to your own website, you are able to target thousands of people at once, whether they live across the street or across the world.

Measurable

Last, but certainly not least, is the fact that the success of internet marketing campaigns are easily measurable. It is almost impossible to determine how many customers respond to advertisements placed in newspapers or screened on the television.

However, by using web analytic software, internet advertisers can establish not only the number of people who see their adverts, the number of repeat visitors and how many visits their website receives as a result of the click through rate (CTR) from any specific advertisement, but also the amount spent by individual customers and, if required, the demographic profile of the customers.

As a result, advertisers can evaluate the effectiveness of the different marketing strategies they are using and modify them accordingly.

In summary, internet marketing is a cost effective way to market your business to a targeted audience without geographic or time limitations and has the added benefit of allowing you to assess on a daily basis the effectiveness of your marketing campaign.

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

5 Comments so far »

  1. Raphael N. Nzioki said,

    Wrote on February 5, 2009 @ 1:18 pm

    good work!

  2. Cory said,

    Wrote on March 24, 2009 @ 5:10 pm

    Excellent article! It’s time that those who remain skeptical of the Internet and web advertising to make the change — the Internet is here to stay. Plus, online marketing possesses an abundance of benefits for companies of all sizes. With so many e-tools available, even the smallest companies can compete with large corporations when it comes to an online presence.

  3. Justin Harrison said,

    Wrote on March 25, 2009 @ 9:08 am

    Cory – I agree 100% – the small business really can compete with he fortune 500’s on this playing field.

  4. shona said,

    Wrote on May 12, 2009 @ 1:46 pm

    what a great article, I totally agree, Internet marketing is totally the way of today!

  5. Justin Harrison said,

    Wrote on May 15, 2009 @ 9:01 am

    Thanks for the comment Shona – any business that is not engaging in online marketing is simply crazy. It not even the way of the future, its a basic requirement now.

Comment RSS · TrackBack URI

Leave a Comment

Name: (Required)

E-mail: (Required)

Website:

Comment:

Not Already a Subscriber?

"Enter Your Details Below Now To Subscribe"

Name:

Email: