Flashcards
Electronic Marketing
Flashcards do conjunto (83)
- 1Knowledge Managementcapturing, creating and storing data and updating it constantly to use when necessary
- 2Benefit of implementing KM?other employees can be up to speed quickly e.g. learning the ropes
- 3What is online publishing?electronic delivery of newspapers, magazines and other digit able info over the internet
- 4What is e-learning?the online delivery of info for educating, training or knowledge management
- 5Benefits of e-learning?- convenience
- lower cost
- more people - 6drawback/s of e-learning?lack of personal communication
- 7How can you offset drawbacks of e-learning?physically post info e.g. DVDs to enhance learning of course
- 8What is mobile commerce?any business activity done over a wireless telecommunications network or from mobile devices
- 9Benefits of M-commerce?easy to use
portable
fast - 10Attributes of M-commerce?convenience
interactivity
personalisation
localisation
ubiquity - 11Drivers of M-commerce?- increased availability of more powerful mobile devices
- increased mobility
- improved price/performance - 12short message service (SMS)supports the sending and receiving of short txts on mobile phones
- 13multimedia messaging service (MMS)wireless messaging - MMS is able to deliver rich media
- 14Four classes of M-marketing campaigns?Information
Entertainment
Raffles
Coupons - 15What is Web 2.0?sharing information online and allowing for collaboration - user generated content
- 16What is a social network?A place where people create their own space or homepage on which they write blogs, post pics etc.
- 17What is Web 3.0?Using Web 2.0 as a basis, having every device connected and integrated in some way
- 18What is phishing?Stealing the identity of a target company to get the identities of its customers
- 19What is keystroke logging?capturing and recording user keystrokes
- 20deterring measures:actions that will make criminals abandon their idea of attacking a specific system
- 21Prevention measuresways to stop unauthorised users from accessing any part of the EC system e.g. using fake birth dates for sites other than banks and other official companies
- 22detection measuresways to determine if intruders attempted to break into the Ec system
- 23What is a payment card?electronic card that contains info that can be used for payment purposes
- 24What are the 3 forms of payment cards?credit, debit, charge
- 25Benefits of online business?can outsource/crowdsource,
100% reduce physical expenses,
highly customisable,
anytime anywhere,
automated system,
unlimited content - 26limitations to online business?can get lost, can't find what you are looking for, constantly updating info
- 27What are the four goals of advertising?attract, pay, stay and refer
- 28pure playpure electronic commerce, no physical presence e.g. amazon
- 29click and mortarmainly physical presence but do conduct some e-commerce activities as an additional market channel e.g. the warehouse
- 30brick and mortara physical business with no online promotion (the old economy) - only use e-commerce if they have eftpos
- 31multichannel business modelcompany sells in multiple marketing channels simultaneously e.g. both physical and online
- 32intranetan internal network - uses internet tools e.g. web browsers, internet protocols e.g. Stream
- 33extraneta network that uses the Internet to link multiple intranets e.g. Massey library can tap into other intranets such as databases
- 34B2Bbusiness selling to business e.g. supplier to retailer
- 35B2Cbusinesses sell to individual shoppers e.g. retail stores
- 36B2B2Cbusiness provides a product/service to a client business that maintains its own customers
- 37enterprise oriented networkssocial networks whose primary objective is to facilitate business
- 38What are the 5 support areas of the E-commerce framework?People, public policy, marketing and advertisement, support services, business partnerships
- 39Digital enterprisebusinesses focusing on using computers to achieve basic business objectives
- 40Benefits of digital enterprise?reach and engage customers more effectively, boost employee productivity and improve operating efficiency
- 41what is an example of digital enterprise being used?cameras implemented in store to increase productivity of workers. They see a spill and clean it up which is more effective than stumbling upon a spill and cleaning it up
- 42What are the major contributions to the growth of E-commerce? (10)global reach, anytime - anywhere, easy to find product/vendor info, productivity booster, rich media, entertainment and networking, KAC, personalisation and customisation, efficient transactions, fast dissemination of info, price comparison for customers
- 43How can you profit from price arbitrage?1. create a website and fill it with ads from Google Adsense
2. Place own ads on less expensive search engine e.g. microsoft - make them attractive, use key words
3. Search engine drives visitors to your site - some click on ads
4. Advertisers pay Google - they share fees with you - 44what is an e-marketplace?an online market, usually B2B, in which buyers and sellers exchange goods or services
- 45crowdsourcingusing consumers to help operate your business
- 46dynamic pricingprices that change based on supply and demand relationships at any given time
- 47what are the limitations of E-auctions?minimal security, possibility of fraud, limited participation
- 48What are the benefits of E-auctions to sellers?- increased revenue from more potential customers and shortening cycle time
- can bargain
- price determined by the market
- Sellers can gain more customer dollars by offering items directly
- can liquidate large quantities quickly
- Improved customer relationship and loyalty - 49What are the benefits of E-auctions to buyers?- unique items/collectables
- entertaining
- Convenience
- Anonymity
- bargains - 50What are the benefits of E-auctions to E-auctioneers?- Higher repeat purchase
- High "stickiness" to website
- easy expansion of the auction business - 51customisationcreation of a product/service based on buyer specifications
- 52personalisationthe ability to tailor a product, service or web contact to specific user preferences
- 53What are Porter's five forces?Threat of substitutions
Threat of new entrants
Bargaining power of suppliers
Bargaining power of customers
Barriers to new entry - 54disintermediationelimination of intermediary between sellers and buyers
- 55re-intermediationdis-intermediated entities or newcomers take on new intermediary roles
- 56mass customisationenables manufacturers to create specific products for each customer based on the customers exact needs
- 57build-to-order (pull system)a manufacturing process that starts with an order (usually customised). Once the order is paid for, the vendor starts to fulfil it
- 58What are 4 or 5 common business revenue generating models?transaction fees model, sales model, affiliate model, advertisement model, subscriptions model
- 59What is an example of a subscription model?writing articles and customers subscribing to them
- 60what is an example of an advertisement model?Google Adsense - Google pays you to advertise on your web page
- 61What is an example of an affiliate model?commissions for referring customers e.g. act as an affiliate site
- 62What is an example of a sales model?revenue from sales of goods/services e.g. set a site where customers can buy products/services online
- 63what is an example of a transaction fees model?commissions paid based on volume of transactions
- 64What are the 5 classifications of e-tailing?1. Direct marketing by mail order retailers that go online
2. Direct marketing by manufacturers
3. Pure-play e-tailers
4. Brick and mortar retailers
5. Internet (online) malls - 65e-banking:banking activities conducted via an internet connection
- 66what are the two online purchase decision aids?shopping portals - may be niche oriented or comprehensive
shopping robots - tools that scout the Web on behalf of consumers who specify search criteria - 67cyber-mediation (electronic intermediation)the use of software agents to facilitate intermediation
- 68Five steps of the consumer decision making process?1) need identification
2) information search
- product brokering - deciding what product to buy
- merchant brokering - deciding who to buy it from
3) Evaluation of alternatives
4) purchase and delivery
5) post purchase behaviour - 69Who are the five players in the consumer decision process?Initiator, buyer, user, decider, influencer
- 70personalisation/ behavioural marketing:matching services, products and advertising with consumer preferences
- 71cookie:a data file placed on a user's hard drive by a remote Web server usually without the user knowing - collects info about the user's activities at a site
- 72What is behavioural targeting?using information collected about an individual's web browsing behaviour to select an advertisement to show to that individual
- 73What is long tail?niche marketing - many pages with niche content, rather than one big web page (accounts for all the unpopular items as well)
- 74How can you build trust and credibility on your site?- testimonials
- refund policies
- verification
- show up in organic listing - 75clicks:click on links - a count made each time a visitor clicks on an ad banner
- 76CPMCost per thousand impressions - the fee an advertiser pays each 1000 times a page with a banner ad is shown - doesn't have to be clicked on
- 77differentiationproviding a product or service that is unique
- 78conversion ratethe percentage of clickers who actually make a purchase
- 79unique visita count on the number of visitors entering a site - regardless of how many pages viewed
- 80click through ratethe percentage of visitors who are exposed to a banner ad and click on it
- 81click through ratiothe ratio between the number of clicks on the banner ad and the number of times it is seen by viewers
- 82Hit:a request for data from a web page or file
- 83Pay per clickadvertiser not charged until ad is clicked on - only charged once if it's the same person, I.P. etc.
Informações
- Descrição
- FlashCards sobre Electronic Marketing, criado por jordan.nankivell em 31-10-2013.
- Criado por
- jordan.nankivell · out 2013
- Atualizado
- 19 fev 2016
- Visualizações
- 30
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