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By: William King
One of the most critical aspects of running a business is
marketing. It encompasses every customer related task from creating awareness
to customer satisfaction and retention. One may go as far as to say that a
business cannot survive or even start up without it. In the current scenario,
marketing has become a complex and sophisticated function, especially now that
an increasing number of businesses choose to start up online. Now, along with
the traditional offline marketing tools, there are a number of web marketing
tools and methods available. These web marketing methods must be mastered for
any level of success in online business.
The differences that separate web marketing from offline
marketing are as below:
• Snail mail vs. email – Email marketing is low cost,
efficient, instant and effective means of generating customers. Snail mail is
slow, generally more expensive and is losing some of its efficacy with the
influx of TV and Internet.
• Limited radius of impact vs. unlimited – The target
audience is global in the case of web marketing with the Internet shrinking the
world. The radius of offline marketing is limited by physical, political and
time barriers.
• Web customers are looking for a product or service similar
to yours – The beauty of being an online business is that people log on to look
for a service or product that you can offer. Whereas, offline businesses have
to rely more on push marketing than the pull effect.
• Long, complex process of making a sale vs. instant
conversion – A few clicks of a mouse and the product is sold, in the case of
web marketing. Offline marketing process is time and manpower heavy, from
generating leads to making a sale.
• Fixed office hours vs. 24 hour store – An online business
can sell its products 24 hours a day while an offline business will open and
shut at particular hours.
• Advertising in print, TV and radio is expensive – While
you can easily offer content, audio and video clips on the Internet for a very
low cost.
• Pay for time spots vs. unlimited time and space – Ads in
offline marketing mediums are for a limited time only and you pay for time
slots and space. In an online marketing scenario, you would keep your ads up
for a longer time and pay much less.
• Cost per incremental customer – This cost is very low for
web marketing based concerns, whereas this cost is appreciable in case of
offline marketing efforts.
• Targeted approach vs. blanket approach – The above reason
leads offline marketing businesses to target and select carefully, eliminating
a lot of potential customers, who may buy in the future if not the present.
However, low incremental costs result in online businesses covering a broad
spectrum of the market.
• Segmentation – Preferences are much easier to track for an
online business and this means that segmentation is simpler. The web marketing
effort has the information it needs to customize its pitch at once.
• Customer contact – Access to customer information is
automatic in the case of online businesses and the web marketing process is
simplified and made efficient. Databases and mailing lists are created in an
instant. On the contrary, offline marketing efforts for the same require time,
employees and money.
There are many benefits to both web marketing and offline
marketing, and it is best to use a judicious mix of the two.
Author Resource:- William King is
the director of Wholesale Drop Shippers & UK Wholesalers Directory, UK
Wholesalers Suppliers & Drop Shipping Trade Directory, Worldwide Drop
Shippers & Wholesale Drop Shipping Products Directory and Real Estate &
Pakistan Property Portal . He has 18 years of experience in the marketing and
trading industries and has been helping retailers and startups with their
product sourcing, promotion, marketing and supply chain requirements.
http://www.uk-wholesaler.co.uk/
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