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Monday, September 2, 2013

Why Small Businesses Need E-Marketing?

Online advertising is becoming popular and in the next coming years it would become a billion-dollar industry. According to the estimation of PriceWaterhouseCoopers $16.9 billion were spent on alone online advertising. This global phenomenon has leveled and changed the playing field for small and large businesses alike.

With a quick and catchy YouTube video, anyone can reach international audiences and millions of potential customers. This has changed the way businesses are conducting marketing campaigns, product development, pricing strategies, advertising promotions, distribution channels and specialized customer targeting. The only method for businesses to differentiate themselves from the competition is to adopt e-marketing or internet marketing and utilize its techniques.

In today's fast paced economy, for every business to thrive, internet marketing is essential  especially when it has to compete with more than 500 million websites. On the web, businesses can keep track of their current or future customers with the help of tweets and videos. Based on the statistics, companies can give an interactive experience to the customers by quickly customizing and altering online advertisements according to market demands.

Banner advertising is a common form of eMarketing today. To attract potential customers from large crowds, banner ads are usually found in frequently visited websites as small pictures or messages. They will employ tricks such as flashing animations, video clips, spectacular offers to lure a browsers into their site. Even though it is popular, the click-through rates on these advertisements are extremely low.

E-mail campaigning is another popular tactic for businesses. It allows them to communicate with their customers through e-newsletters and/or deliver promotions to potential clients. However e-marketing has changed the way of doing business to reach the potential customers and the only way to reach target audience is introducing and using the "right kind of advertising".

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