14 Mar 2008 02:21:23 | Christopher Smith
Everyone seems to be jumping on the internet marketing bandwagon
lately. In the race to get their business online, many
successful businesses forget to ask themselves some tough
questions about what they are doing, what their expectations are
and what their plan is to meet those expectations.
The internet can be a powerful tool that can put you on solid
footing with bigger companies. On the other hand, the other
companies may have more money to pay for advertising. Here are a
couple of things to keep in mind as you analyze your internet
marketing strategy.
Advantage of Internet Marketing
- your store is open, 24 hrs a day, 7 days a week. Further, your
customers are worldwide in reach, and can shop anytime that they
want to
- the cost of spreading your message is next to nothing.
Emailing your subscription base is more oftne cheaper than
sending a letter through the mail
- updating your subscribers can be done almost instantly through
email. Visitors to your website can get up to the minute
information on each visit. If you are having a sale, your
customers can start shopping at the discounted prices literally
as soon as they open their email
- if you have an information sensitive business, such as a law
firm, newspaper or online magazine, you can deliver your
products directly to your customers without having to use a
courier
Disadvantages of Internet Marketing
- online marketing is not free. The cost of software, hardware,
wed site design, maintenance of your site, online distribution
costs and of course, time, all must be factored into the cost of
providing your service or product.
- slightly over 50% of households shop online. While that number
will continue to grow, you are reaching less than two out of
three households.
- the internet is still regarded as a source of information
gathering for the majority of your customers. Of the number of
visitors to your site, the vast majority of visitors who are
motivated to buy will do so in person. Many people prefer the
live interaction when they buy. If you have a small business
with one location, this may deter customers from buying.
- easier to have outdated information on your site, thus timing
of updates is critical
- there is no replacement for good old fashioned customer
service. The majority of internet marketers lack customer
service and inquiry response programs. As a result, many online
visitors to your site will already have painted your site as
poor service before they have even contacted you. The majority
of websites also have poor navigation, which makes it difficult
for your visitor to find what they are looking for. Many sites
were created with a marketing view, not a customer service point
of view.
- is your site secure? Does your customer know this? There are
many incorrect stereotypes about the security of the internet
out there. As a result, many of your visitors will not want to
use their credit card to make a purchase. The fear of having
their credit card info stolen is a clear and present danger in
the minds of your visitors
- there is a lot of competition for your product already out
there. By the time your visitor finds you, they have already
been clicking many links. Unless they can find what they are
looking for quickly, they are gone.
- many web visitors expect something for free. What do you have
to offer them?
There are many other pros and cons of internet marketing. Its
important for you to consider each when creating your internet
marketing strategy. Each of the disadvantages can be overcome,
but only if you view the customer experience from the eyes of
your customer, not as an internet marketer.
About Author :
Northern Source offers web
design services for small businesses. You'll find more
helpful hints at http://www.northernsource.com