A prime factor involved in tilting the fortunes of many big business enterprises in their favour, has been their marketing skills. Marketing has always been one of the most focused upon areas of a business enterprise. Enterprises have been giving away fortunes to marketing executives in the form of salaries and perks and these executives have been often laughing to the bank. Marketing involves inducing the customer to purchase the product, whether he needs it or not. Marketing thus involves the use of different techniques to induce the want in the customers’ mind to purchase the product.
Companies providing marketing services have been doing great business in recent times. This is even more relevant in the case of internet marketing service providers. Companies providing internet marketing services have seen their bottom lines balloon up on a year to year basis. Internet marketing services have brought in a revolution in the international marketing arena. Online marketing, though still in it’s early stages, will continue to grow for a very long time.
The success of internet marketing and internet marketing service providers can be attributed to many factors. The Internet, a vast treasure house of information in itself, sees a very large number of visitors on a daily basis. These visitors often run through web pages or ‘surf the internet’ looking for information on varied topics. These are the target audience of the internet marketing service providers.
The business model for internet marketing is very simple. When a person comes over the internet looking for information, internet service providers capture information about the person, his interests, choices etc. These can be easily inferred from the type of information the person is looking for. The next step is to classify his interests and further classify the different products to be marketed according to his choices. This step in internet marketing involves actually relating the different products to the choices of the probable customer. This is followed by getting the online contact information of the probable customer. The internet marketing service provider then prepares a set of online marketing aids which include online advertisements on websites frequented by the probable customers or the target audience, popup ads, advertising e-mails, online contests, combinations of these and also combinations of online and offline marketing tools, i.e., conventional marketing tools.
Internet marketing services have the highest growth rate as compared to any other industry and the growth rate is showing no signs of slowing down. Internet marketing services have clicked with both, the buyers of the service and the target audience of these internet advertisements. This is due to a combination of major factors such as ease of use, unlimited accessibility, availability of audio-visual tools, interactive format etc.
Internet marketing services have been steadily gaining ground in previously uncharted territories such as third world nations, rural areas, illiterate and semi literate population etc. This has been made possible primarily due to the availability of different audio visual tools and interactive formats available in this medium of marketing. Internet marketing which has already sent the bottom lines of companies in the developed nations soaring is steadily showing effect on companies in the other countries also and is accounting for a large share of their revenue. Stocks of internet marketing service providing companies have been on all time highs.
Customers of these companies are overjoyed with the amount of convenience that internet shopping has to offer. Internet marketing is a great concept which is showing no signs of burning out. It is the marketing idea of the decade and will hold fort for many decades to come!