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New Media and Online Marketing – Strategies, Advantages and Disadvantages

The advent of the New Media and Internet future online marketing would replace
have increased possibilities of online traditional marketing completely.Apart
marketing and internet retailing with new from ease and convenience of internet
features of interactive shopping, pod marketing, one major advantage of
casting and e-marketing. Consumers are internet marketing is customization or
connected to online shopping sites with personalization of products and services
WiFi, Internet or 3G mobile phones. E to suit the needs and tastes of
commerce has taken a new dimension in individual customers (Ho, 2006). Tailored
retailing with increasing number of products or services may not have been a
people shopping online and even making very wide option in traditional shopping
flight bookings online (Papers4you.com, which shows that interactive shopping has
2006). One such example is the traffic on moved a step closer to the needs of the
the British Airways website. A consumer and has improved the shopping
comparative analysis of popular travel experience in general. Online branding
related websites and online ticketing has made local consumer goods popular in
facilities give us details on transaction global markets (Ibeh et al, 2005). The
costs, and individual and company concept of relationship marketing is an
perceptions on e commerce facilities for important strategy for the new media and
ticketing and travel.Internet marketing is an important tool within the
however meets with major challenges of contemporary marketing environment in all
keeping pace with consumer demands and spheres of business, from financial
developing relationship marketing to services to electronics products. Online
maintain consumer loyalty (Enzmann and marketing has been used by banks and
Schneider, 2005). The advantages and supermarkets and charities like Oxfam
disadvantages of internet retailing could suggesting the rapid change in marketing
be studied in contrast to traditional methods used by a wide variety of
marketing considering issues related to organizations and show the wide
online branding, consumer loyalty, spam, acceptability of online retailing and
and advertising strategies. The marketing in changing business
challenges of online marketing could be environments.BibliographyChing H.L.;
studied with the same models used for Ellis P. (2004) Marketing in Cyberspace:
general marketing management such as 4Ps What Factors Drive E-Commerce Adoption?
or 7Ps models and trends in internet Journal of Marketing Management, Volume
marketing and transactions can also be 20, Numbers 3-4, pp. 409-429(21)Enzmann,
studied (Papers4you.com, 2006). Online Matthias; Schneider, Markus (2005)
pricing remains one of the major Improving Customer Retention in
challenges and so is the prospect of E-Commerce through a Secure and
virtual interactions with customers as Privacy-Enhanced Loyalty System
opposed to face to face interactions in a Information Systems Frontiers, Volume 7,
traditional market. Issues of security Numbers 4-5, pp. 359-370(12)Ho, Shuk Ying
and privacy are important in e marketing (2006) The Attraction of Internet
and shopping through secured sites is one Personalization to Web Users Electronic
of the major concerns of consumers Markets, Volume 16, Number 1, Number 1
(Enzmann and Schneider, 2005). Direct pp. 41-50(10)Ibeh, Kevin I.N.; Luo, Ying;
email marketing of goods and services has Dinnie, Keith (2005) E-branding
led to debates on spam and the need for strategies of internet companies: Some
strict legislation on email preliminary insights from the UK The
marketing.Online marketing seems to have Journal of Brand Management, Volume 12,
completely revolutionized marketing Number 5, pp. 355-373(19)Papers For You
techniques although it has limitations on (2006) "P/M/445. Internet marketing:
usage, privacy issues and security. The problems and prospects", Available from
different traditional and non traditional [17/06/2006]Papers For You (2006) "P/M
advertising media such as newspapers, 434. E-marketing vs. traditional
television, magazines, newsletters, marketing: upsides and downsides",
direct mail, telephone, and internet may Available from [18/06/2006]Copyright ©
have to be compared more thoroughly and 2006 Verena Veneeva.
extensively to understand whether in the




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