E-commerce: Online Marketing

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23 Terms

1

Purpose

Here you define goals, write a marketing plan, and a strengths, weakness, opportunities, and threats (SWOT) analysis

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2

Research

Its lengthy but shouldnt be skipped

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3

Analyze

It includes analysis of the distribution channels, pricing, data on the competition, market trends, and insights from the customers themselves, all for new opportunities for growth of the business

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4

Implement

This is about the application of processes and the methodology for better execution, return on investment (ROI), and sales

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5

Strategize

the positioning statement that makes the business unique, the development of a marketing objective, a sales plan, and an overall strategy that covers customers, target market, competition, product, price, promotion, distribution, growth, and innovation

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6

Execute and Evaluate

The evaluation is where you identify metrics that you can record, and, thus measure the success of your marketing

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7

Analysts and Analytics

There are services online that do research and surveys and publish the results online

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8

Brand awareness

marketing that allows levels and trends in consumer knowledge and awareness of a brands existence to be quantified

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9

Customer Engagement

engagement of customers with a company or a brand

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10

News Aggregator

website that collects syndicated news on the Internet

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11

User Friendliness

It must load quickly with all pages opening easily without any problems

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12

Content Updates

Fresh content also gives visitors a reason to browse around and see if theyve missed anything since the last time they dropped by

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13

Retention

The things that will make them loyal include a great experience, excellent customer service (which includes delivery), quality products, and competitive prices

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14

Backlink

incoming link to a website or web page from another website

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15

Conversion Rate

the number of potential customers that convert or make a purchase

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16

Internet Traffic

the flow of data or information over the Internet

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17

Organic Traffic

unpaid for or free traffic

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18

Keywords

words typed into search engines to get to bring up websites that contain such words

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19

Search Engine Optimization

configuring a website to rank in search results of search engines

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20

Targeted audience

people who are already interested in a product or service offered

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21

Web traffic

the amount of data sent and received by visitors to a website

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22

Brick and mortar

describes the physical existence of a building such as a store

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23

Startup

a new business

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