What are its benefits for us?
Gap: Geographic location is no longer an important issue. Internet has shortened distances, partners can meet each other through computuer without knowing other partners near or far. This allows many buyers and sellers bypass the traditional intermediaries.
Global Marketing: Internet is an effective means of marketing to reach customers in markets worldwide. This means that conventional marketing is virtually impossible.
Reduce time: Time is no longer an important factor. The online marketing people can get access to information as well as dealing with customers 24/7.
Reduce cost: Cost will no longer be a burden. Only one tenth the cost of conventional online marketing can bring double the performance. In addition, companies will not invest more manpower costs, office expenses, travel expenses,...etc
One of the advantages of this form of marketing is that it is very cheap. Setting up an avenue for marketing online is considered cheap because most of the work done does not require full time commitment. It is also important to point out that most of the duties involved in online marketing can be outsourced and thus they allow better management of funds.
Internet Marketing Benefits
1)Improve your Competitive Edge
2)Expand Customer Base and target Audience
3)Increase referrals and word of mouth
4)Boost sales, repeat business and customer loyalty
5)Save time and money by reducing marketing costs
6)Build customer trust / Protect your customers privacy
Internet marketing is a field of business management that deals with making interest in a company's goods and services through advertising. Business can use many various channels to promote to their target customers such as advertisements, radio commercials, TV commercials and Internet advertising. Internet marketing offers several notable benefits over other marketing techniques.
I think today internet marketing is neccessery. More and more people looking for information in internet and have access to network. So if we want to reach a global success we must invest money in this sector.
Thanks for your description about internet marketing and it is really great and awesome. I have learnt a lot from this discussion. And it is really beneficial as in less cost, time we can get global attraction.