Digital Marketing, E-Commerce and S-Commerce
Prof. Aparna Kanchan
Learning Objectives
LO1 – Digital & Online Marketing, Metaverse, NFTs
LO2 – Social Media & Direct Marketing
LO3 – Email Marketing, Video & Viral Marketing, Forms of Direct
Marketing
LO4 – Growth & Benefits of E-commerce
Digital Marketing concepts
Metaverse
The Metaverse is the post-reality universe, a perpetual and
persistent multiuser environment merging physical reality with
digital virtuality.
It is based on the convergence of technologies that enable
multisensory interactions with virtual environments, digital
objects and people such as virtual reality (VR) and augmented
reality (AR).
Hence, the Metaverse is an interconnected web of social,
networked immersive environments in persistent multiuser
platforms.
It enables seamles sembodied user communication in real-time and
dynamic interactions with digital artifacts.
Its first iteration was a web of virtual worlds where avatars were able
to teleport among them.
The contemporary iteration of the Metaverse features social, immersive
VR platforms compatible with massivemultiplayer online video games,
open game worlds and AR collaborative spaces.
This new paradigm is the Metaverse.
What are NFTs and how do they work in digital
marketing?
NFTs, or non-fungible tokens, are a type of digital asset that is unique
and cannot be replicated. They are often used in digital marketing to
represent goods or services that have been purchased or consumed.
This is similar to a tiny computer that can be programmed to transmit
data back and forth through the blockchain.
Software embedded within the item identifies its owner. As a result, this
creates trust nodes so that you know what you own is genuine,
authentic and trustworthy.
Social media marketing on Instagram, for example, is the method
through which businesses can capitalize on this idea and market their
goods directly to customers.
Digital Marketing SMB
For Small-to-midsized business (SMB),
digital marketing also helps the company
to stand apart from larger brands. That’s
because online marketing offers cost-
effective solutions, like SEO, that can
help business reach its audience.
With digital channels, it is just as easy to
click an ad for a large corporation as it is
to click an ad for a small business. A
Facebook Page for a Fortune 100
company looks the same as a Facebook
Page for SMB company. Digital marketing
offers several cost-effective strategies,
including SEO, so that company can get
your products or services reaches the
audience.
Campaign tracking &
measurement
Online marketing solves a traditional marketing problem—tracking. With
traditional marketing, it’s difficult to track whether a customer comes to know
about a brand via a billboard, radio ad, or newspaper feature. It’s easy to track
the performance and results of digital marketing.
Google tools like Google Analytics, Google Search Console, and Google
Ads makes monitoring your strategy easy. With Google Analytics, for example,
you can track website traffic, user behavior, and website conversions. In
comparison, Google Ads provides a 360-degree view of your PPC ads. These
types of website analytics are absolutely integral to any digital marketing
strategy worth its salt.
Programs like Google Data Studio to compile all your data into easy-to-read and
easy-to-share digital marketing reports. Tools like these help to showcase, as
well as analyze, the performance of online marketing.
Google Analytics dashboard
CTR measurement:
Clicks on Ad – 200
Impressions on Ad – 10000
CTR – (total clicks/Total
impression)*100
CTR = 2.0%
S-Commerce
Benefits of direct & digital
marketing to buyers & sellers
Global Reach.
Local Reach.
Cost-effective.
Brand Awareness.
Effective Targeting.
Multiple Strategies.
Multiple Content Types.
Increased Engagement.
Websites & branded web
communities
A brand community is a place where your most loyal customers
gather together to chat and exchange ideas. Imagine them as your
brand advocates. And for that reason, we have designed this guide
for a better understanding of the concept behind a brand community
and its importance for your business.
Atlassian.
Salesforce: Trailblazers.
Sephora.
Fitbit.
SAP.
Kronos.
Digital Ocean.
Apple
Email Marketing
Email marketing has emerged as a powerful way of
delivering personalised marketing content to
customers and prospects. Sophisticated email
marketing tools empower marketers to target their
audience with amazing accuracy.
Types of email campaigns
Benefits of email marketing
Online Videos & Viral
Marketing
Viral marketing is a style of promotion that relies on an
audience to organically generate and push the message of a
product or service. On social media, marketing is considered
“viral” when it's being shared rapidly by the public at large (with
a compounding effect) rather than just its target audience.
Video
[Link]
Video Marketing
Video marketing describes
the use of video content to
promote or inform
audiences about your brand
and products. Brands can
use video across a variety
of digital channels and
formats, including their
own website, social media
marketing and
programmatic advertising.
Growth & Benefits of E-commerce
E-Commerce
Commonly known as Electronic Marketing
Buying and Selling of goods over Internet
Growth & Benefits of E-commerce
Advantages of E-Commerce
Ease and speed of finding products
Speed of transaction
24/7 availability
No geographic limitations
Low operational costs
Improved quality of service
Physical setup (Capital Investment) not needed
Ease of business
Convenient to operate
Direct connect offering best prices
Growth & Benefits of E-commerce
Disadvantages of E-Commerce
‘Touch-N-Feel’ of products not possible
Misses traditional ‘Shopping Experience’
Large population is without internet access
Possibility of theft of payment information
Products may be different in actual than their online depiction
Growth & Benefits of E-commerce
Brief History of E-Commerce
1970s: Electronic Funds Transfer (EFT)
Used by the banking industry to exchange funds over secured
networks
Late 1970s and early 1980s
1. Electronic Data Interchange (EDI) for e-commerce within
companies
2. Used by businesses to transmit data from one business to
another
1990s
1. The World Wide Web on the Internet provides easy-to-use
technology for information publishing and dissemination
2. Cheaper to do business (economies of scale)
3. Enable diverse business activities (economies of scope)
LO1 – Growth & Benefits of E-commerce
E-Commerce in India
45 Crore internet users as of July 2017 via computers & phones
Adding almost 60 lakhs per month
About 10 crore are shopping online
Market size of about Rs. 2.1 lakh crores (December 2016) $32B
It is slated to grow to $100B (Rs. 6.5 lakh crores) by 2020
‘Cash on Delivery’ most popular method of payment
Flipkart, Snapdeal and Amazon India are largest players
70% value is travel related
Secure hosting is an imminent issue
LO2 – Social Media & Direct Marketing
Why Social Media Marketing?
It amplifies your content
Makes you stand out from the crowd
Accelerates spread of your brand
It’s a ‘Global Word of Mouth’
Foundations of Social Media Marketing
Content
Searchability
What can be searched, can be optimized!
LO2 – Social Media & Direct Marketing
Popular Social Media Platforms across the globe
LO2 – Social Media & Direct Marketing
Steps in successful Social Media Marketing Strategy
Clear vision
Management’s commitment to fulfil vision
Determine your target
Create measurable goals
Develop social media tactics
Allocate resources as per plan
Creation of appropriate content
Publish and promote on selected social media
Measure the results
Modify and Repeat
LO3 – Forms of Direct Marketing
Direct Marketing
Whatever involves direct one on one contact with customer
Direct Selling
Direct Mail
Telemarketing
Internet Selling
Direct Marketing is used to
Improve selection of Target Market
Encourage repeat purchase
Cross sell other products and services
Develop relationship with the customer
LO3 – Forms of Direct Marketing
Sources of Databases
Internal Databases – Sales records etc.
Census Report
Professional Databases
LO3 – Forms of Direct Marketing
Approaches to Direct Marketing
One step approach – Direct Marketing Media used to solicit the
order
Two steps approach – Multiple efforts invested in generating
the response; usually first effort to screen or qualify the
prospect and subsequent for follow up and taking the order.
LO3 – Forms of Direct Marketing
Advantages and Disadvantages
Advantages Disadvantages
Better Control Delay in Delivery
Flexibility High cost per exposure
Impact Quality of database is an issue
Reach Saturated audience
Response
Selectivity
LO4 – Digital & Online Marketing
Digital Marketing Online Marketing
Using any digital media for Using Internet for Marketing
Marketing
Internet Usage by Region
LO4 – Digital & Online Marketing
Types of Online Marketing
E-mail
Blogs
Pay Per Click
Social Media Marketing
Viral Marketing
LO4 – Digital & Online Marketing
Advantages of Online Marketing Disadvantages
One to one approach Illegal practices
Cater to specific interests Intangible and demo not
Different content by choice possible
Geographic marketing Lack of transparency
Relatively inexpensive Cost of Hardware
Global business Cost of Software Used
Measuring statistics is easy
AccountabilityE-mail
LO4 – Digital & Online Marketing
Online Marketing – Challenges in India
Laws and Regulations
Cultural issues
Lack of technical infrastructure
Shopping philosophy
Online shopping worries
Fear factor
Unreliability of system
Credit card frauds
THANK YOU