Page 42 - IMDR JOURNAL 2023-24
P. 42

IMDR’s Journal of Management Development & Research 2023-24

         from the online marketplace was ascertained using the chi square test. The secondary data gathered from a
         range of websites, books, journals, and articles.


         Digital marketing as opposed to Conventional advertising

                Conventional advertising                       Digital marketing

                One-sided  communication  occurs  when  an     Two-way      communication      allows    the
                organization informs a group of people.        organization to engage with its customers.
                Conventional means of communication, such      The  primary  purpose  of  social  media  is
                as letters and mail, are utilized.             communication.
                This approach is appropriate for addressing a   This  approach  works  well  for  reaching  a
                local audience.                                worldwide audience.
                This process takes a lot of time and money.    This  process  takes  less  time  and  is
                                                               comparatively less costly.
                There is a time restriction on the exposure.   In this instance, product and service exposure
                                                               is continuous.
         Various elements of digital marketing

             1)  Text messaging: This is a way to use mobile and smart phone devices to deliver information about

                 products and services. Businesses can use these devices to send text (SMS), images, videos, or audio
                 (MMS), as well as to send marketing messages. SMS (Short Message Service) became more and more

                 common in Europe and some Asian countries in the early 2000s. Order confirmations and shipping
                 alerts  can be sent  via text message. Businesses may send their clients  marketing messages at any

                 moment using this strategy. Additionally, they have the ability to design surveys and compile crucial

                 client input that will help them in the future to improve their products and services.
             2)  Online advertising: It is sometimes referred to as online marketing or web advertising. It's a type of

                 marketing  and  advertising  where  customers  receive  promotional  messages  via  the  internet.  It  is  a
                 significant component of internet marketing. The business is in total control of when the advertisement

                 appears.

             3)  E-Mail Marketing: Email marketing is the practice of sending messages about goods and services to
                 current or potential customers via email. It is relatively less expensive and may capture the buyer's

                 interest by presenting the goods and services in an enticing combination of text, visuals, and links.
             4)  Pay  Per  Click  (PPC):  Alternatively  referred  to  as  cost  per  click  (CPC),  this  online  advertising

                 increases website traffic by charging a publisher—typically the owner of a website or network of

                 websites—only when an advertisement is clicked. Instead of gaining website clicks naturally, pay per
                 click marketing uses search engine  advertising to  drive clicks  to  the website. Both  marketers and

                 searchers benefit from pay per click. It is the ideal method for business advertisements since it is
                 inexpensive and increases customer interaction with the goods and services.
   37   38   39   40   41   42   43   44   45   46   47