Preview

Technological Advances

Powerful Essays
Open Document
Open Document
1337 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Technological Advances
Prof. Wells
English 205
December 8, 2010
Technological Advances In Marketing and Advertising

Seth Godin, former Vice President of Direct Marketing for Yahoo!, and a well known business blogger and author, once said, “You can define advertising as the science of creating and placing media that interrupts the consumer and then gets him or her to take some action” (Godin 25). Godin pinpoints two important marketing concepts, the successful placement of ads and the effect of successful advertising on consumers. In recent years, the expansion of the internet, the use of customer relationship management software and the growing popularity of social networking websites, have revolutionized the marketing and advertising industries, creating a highly profitable platform for both consumers and businesses to establish long term relationships with each other. 75.77% of Americans and 23.93% of people from around the world have access to the internet, making the internet an exceptional space for successful ad placement (Google Public Data). Internet marketing has become the primary means of communicating special offers and introducing new products to loyal and potential customers. As a result, many former business marketing practices have become outdated, making way for new strategies like targeted emails and relationship marketing. The increased use of these techniques has created new jobs in the industry with a projected 13% increase in marketing related careers through 2018 (U.S. Bureau of Labor Statistics).These improved techniques have also allowed businesses to infiltrate the consumer’s mind more effectively. Although internet marketing is highly effective, not every person in the world has access to the internet, many individuals in developing nations may never be exposed to advertisements on the internet. Many individuals may never receive the benefit of the instant access to companies that the internet provides. Any business whose primary focus is internet



Cited: "$6.4 Billion in Q3 2010 Sets New Record for Internet Advertising Revenues." Interactive Advertising Bureau - Dedicated to the Growth of the Interactive Advertising Marketplace. 17 Nov. 2010. Web. 06 Dec. 2010. . "Advertising, Marketing, Promotions, Public Relations, and Sales Managers." U.S. Bureau of Labor Statistics. 17 Dec. 2009. Web. 06 Dec. 2010. . Friedman, Thomas L. "How Companies Cope." The World Is Flat: a Brief History of the Twenty-first Century. 3rd ed. New York: Farrar, Straus and Giroux, 2005. 425-53. Print. Godin, Seth. "The Marketing Crisis That Money Won 't Solve." Permission Marketing: Turning Strangers Into Friends and Friends Into Custom. New York: Simon & Schuster, 1999. 25. Print. Kleindl, Brad Alan. "Introduction to E-Business." E-marketing: Capitalizing on Technology. Australia: Thomson Learning, 2001. 8-9. Print. "Money Lost In Internet Scams Hits New High - CBS News." Breaking News Headlines: Business, Entertainment & World News - CBS News. 4 Apr. 2008. Web. 06 Dec. 2010. . "Relationship Marketing." Wikipedia, the Free Encyclopedia. Web. 06 Dec. 2010. . Whitney, Lance. "Average Net User Now Online 13 Hours per Week | Digital Media - CNET News." Technology News - CNET News. 23 Dec. 2009. Web. 05 Dec. 2010. . "World Bank, World Development Indicators - Google Public Data." Google. Google, 2008. Web. 05 Dec. 2010. .

You May Also Find These Documents Helpful

  • Good Essays

    Annotated Bibliography

    • 711 Words
    • 3 Pages

    Bureau of Labor Statistics, U.S. Department of Labor. “Advertising, Promotions, and Marketing Managers.” Occupational Outlook Handbook, 2012-13 Edition. Web. 19 Oct. 2013.…

    • 711 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Mkt 421 Wk 1 Individual

    • 886 Words
    • 4 Pages

    Kotler, P. & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ:…

    • 886 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Geo 328 Persuasive Paper

    • 1127 Words
    • 5 Pages

    "International Human Development Indicators - United Nations Development Programme."International Human Development Indicators. 2011. Web. 25 Feb. 2012. .…

    • 1127 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    * ECONOMIC & SOCIAL DATA SERVICE INTERNATIONAL, 2011, World Development indicators, World Bank Data, University of Essex, ESDS, available at: http://www.esds.ac.uk/ accessed on 11/2/12…

    • 1657 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Applied Management Project

    • 13570 Words
    • 55 Pages

    References: 1. Marla R. Stafford and Ronald J. Faber, 2005, “Advertising, Promotion, and New Media”, (pg: 68- 78).…

    • 13570 Words
    • 55 Pages
    Powerful Essays
  • Better Essays

    Mkt 421 Research Paper

    • 1073 Words
    • 5 Pages

    Kotler, P. & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ:…

    • 1073 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Advertising is the chief profitable industry in the United States today. Billboards, signs, magazines, newspapers, radios, televisions, and computers are just some of the places where advertisements are found. At the heart of any one company's advertising campaign is the consumer. The consumer has complete control of their own money and can choose to buy any product or service they desire. Advertising does not control the consumers on what they buy. It only informs them on what they can buy. This is known as consumer sovereignty. It is the responsibility of the company to develop an advertising campaign that generates a demand for their product or service. A company usually promotes a product or service by means of appealing to a particular group in society. For example, an advertisement's target audience could be men between the ages of 25 and 40 or children between the ages of 5 and 10. There are basic needs that all of us, as humans, share and the advertisement agencies incorporate them into their ads. The most…

    • 1104 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Cited: Strauss, J., & Frost, R. (2009). E-marketing (5th ed.). Upper Saddle River, N.J.: Pearson/Prentice Hall.…

    • 1028 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Executive Summary of Amazon

    • 3297 Words
    • 14 Pages

    11. Zorayda Ruth Adam. (2003). e-Commerce and e-Business. Available: http://www.apdip.net/publications/iespprimers/eprimer-ecom.pdf. Last accessed 29th Jan 2011.…

    • 3297 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Social Media Marketing

    • 8139 Words
    • 33 Pages

    Value; Social media marketing is a fairly new trend; it will be a key factor in the…

    • 8139 Words
    • 33 Pages
    Powerful Essays
  • Powerful Essays

    Digital Media has changed over the years, making a substantial impact on society, as technology is linking people from across the world in ways that would seem nearly impossible years ago. The global online population is currently 1.2 billion, projected to grow to 1.8 billion by 2010, According to Central Intelligence Agency statistics collected in 2005 and 2006. Media within society is constantly changing, which makes it critical for advertisers to keep up with improving technology and the transformation that occurs within it. The internet has provided a channel for consumers, which has now the first port-of-call for finding information to select or buy the best deal.…

    • 1846 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Technology Advancements

    • 895 Words
    • 4 Pages

    (Wikimedia Foundation, 2008) Over two and a half million years ago primitive humanoids began using stones and rocks to butcher dead animals, to date, this was the first known use of technology on earth. Since that time, both we human beings and our technology have evolved. Over the course of history, technology has evolved from stone flakes to a world of space travel and super-computers. The increased availability to information could lead to the development to several necessary and desired advancements in technology over the next ten years that could affect El Arco and the world as well.…

    • 895 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Source: UNCTAD Handbook of Statistics (UNCTAD homepage, 2008b) & World Development Indicators 2007 (The World Bank, 2007)…

    • 11369 Words
    • 46 Pages
    Powerful Essays
  • Good Essays

    Advancement in technology

    • 460 Words
    • 2 Pages

    Cell theory accumulated over a number of years, In the Middle Ages, people believed in ‘spontaneous generation’ (sometimes called abiogenesis) as part of the old version of cell theory and how cells produced. The understanding at the time it was believed that living cells arose spontaneously from non living matter, an example of this was the thought that if meat is left out and unrefrigerated maggots would begin to produce "spontaneously in the meat. People believed that the non living meat was responsible for the production for the growing of the living maggots. The advancement of technology in the 1660's and notably by Hooke through the microscope helps disprove traditional understanding of cell theory. The new theory states that information about cells, found in DNA are passed on from cell division. This understanding in the modern cell theory can be supported by the new understanding to the example already outlined. As the new technological microscopes became into use scientist were able to see the eggs of the flies passed on through cell division onto the meat, as they could now see the division happening through the microscope. This would disprove the old theory of spontaneous growth and support the new cell theory research and it's advancement and understandings…

    • 460 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Technological Advancement

    • 334 Words
    • 2 Pages

    “Technology has advanced more in the last thirty years than in the previous two thousand. The exponential increase in advancement will only continue. Anthropological Commentary: The opposite of a trivial truth is false; the opposite of a great truth is also true.” - Niels Bohr. The truth is as the time passes by, technology advancement increases. It means that the speed of the evolution of technology doubles every time. As the technology moves into greater heights, so do man’s actions. We adapt to the technological advancements that are being invented every day and it makes our lives simpler and easier – to learn, to work, to have a better life. You name it. Technology makes everything easier.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays

Related Topics