MKTG 471 Chapter Notes - Chapter 8: Digital Marketing, Online Advertising, Mobile Marketing

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Marketing 471 - Digital Marketing and Social Networking
Digital Media
Electronic media that function using digital codes, the includes media available through
computers smart devices
Digital marketing
Uses all digital media, including internet and mobile and interactive channels
Electronic Marketing (e-marketing)
strategic process of distributing, promoting and pricing products and discovering desires.
growth and benefits of digital Marketing
Internet has become an important component of a firms marketing strategies
Share info
More precise target markets
evolving quickly and still in early stage
Characteristics of Online Media
Addressability, Interactivity, Accessibility, Connectivity, Control
Interactivity of Social Media
distinguishing characteristic of digital media is interactivity. interaction in real time, helps
marketers maintain high-quality relationships with existing customers, Allows customer to
develop relationships with each other
Consumer-generated marketing
Two major trends have caused consumer generated information to gain importance
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Document Summary

Marketing 471 - digital marketing and social networking. Electronic media that function using digital codes, the includes media available through computers smart devices. Uses all digital media, including internet and mobile and interactive channels. Electronic marketing (e-marketing) strategic process of distributing, promoting and pricing products and discovering desires. growth and benefits of digital marketing. Internet has become an important component of a firms marketing strategies. More precise target markets evolving quickly and still in early stage. Interactivity of social media distinguishing characteristic of digital media is interactivity. interaction in real time, helps marketers maintain high-quality relationships with existing customers, allows customer to develop relationships with each other. Two major trends have caused consumer generated information to gain importance (increased tendency of consumers to publish own thoughts) (trust other consumers) Use forums to interact with consumers, address problems and promote their company.

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