Preview

Unit 6 M3 Online Marketing Strategy

Powerful Essays
Open Document
Open Document
11193 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unit 6 M3 Online Marketing Strategy
MARKETING CONSULTANCY

CONTENTS LIST

Executive Summary

This report is about online marketing strategy of O2 Arena. The purpose of report is to explore different new and innovative ways of marketing for O2 which they are not using or using less effectively. The marketing consultants will explore number of key areas where the organisation under consideration can improve their marketing and attract more customers and increase their revenue further. First content is about the current position of organisation and the problem statement. In the next part the author will highlight different external and internal environment factors which directly or indirectly can impact on the performance of organisation. Here the author will compare
…show more content…
The new generation of customers of an organisation prefer to get the information through the online sources as it is more convenient and more customised information. The proportion of online marketing is cautiously going up with the passage of time as the computer literature and internet facilities are increasing.

For the effective online segment the segmentation of the customers is important. If the O2 management thinks that they are dealing and communicating with their computer literate customers then it would be best for them to market through internet sources including the mobile sources. This way is cheaper, more customisable and also faster. The offline marketing is also effective tool in the hand of contemporary organisations. However, it can only be suitable for the right segment of customers. It is depending on the marketers which segment they are thinking is best for them to do offline marketing. However, normally it is better for the organisations to get the customer profile information when they interact for their customers. This makes it easier to make the right segment for the right kind of customers (The O2,
…show more content…
The customers normally have to wait in the queue for the long time, but in case of problem with the website, it gets nearly impossible to serve with the customer service representatives to buy the ticket. Infact their customers services are designed to give the customers some specific information. There are less numbers of customers who can come to get more information. The human resources strengths in this department in average are 20 people. So this solution is not working very well for organisation due to its server limitations (The O2,

You May Also Find These Documents Helpful

  • Powerful Essays

    There are many different ways of marketing online. When a company decides what method they will take they have to weigh whether it will really benefit the company and if that method is appropriate for the product that they are trying to sell. Marketing online has a lot of different benefits associated with it. Those advantages include being able to reach a greater number of customers, being open 24/7, low marketing cost, and being able to measure the statistics of customers. Knowing all of these advantages allows a company to grow and profit.…

    • 2835 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Qrt2 Task 2

    • 2350 Words
    • 10 Pages

    References: Belew, S., & Elad, J. (2009). Retail to E-Tail Starting an Online Business All-in-One Desk Reference for Dummies, 2nd Edition. John Wiley & Sons 2009. Competitive Marketing Strategies: Analyzing Competitors. (n.d.). Eley, B., & Tilley, S. (2009). Online Marketing Inside Out. SitePoint. Genius, S. (2013, May 30). SEO Tools. Retrieved from seobesttools.com: http://www.seobesttools.com/what-is-seo/ Lancaster, G., & Reynolds, P. (2005). Management of Marketing. Taylor and Francis. MarketingFind. (2013, May). Opportunities in Online International Marketing. Retrieved from marketingfind.com: http://www.marketingfind.com/articles/opportunities_in_online_international_marketing. html Rouse, M. (2013, May 30). CRM (Customer Relationship Management). Retrieved from searchcrm.techtarget.com: http://searchcrm.techtarget.com/definition/CRM Stokes, R., & Quirk, M. o. (2013). eMarketing: The Essential Guide to Online Marketing, v. 1.0. Flat World Knowledge, Inc.…

    • 2350 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The internet is a medium that can help the marketing process. Not only does it help it adjusts and reforms what businesses can do. However , before looking at the distinctive features of internet marketing , it is necessary to have some grasp of traditional marketing principles and processes in the physical world.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Internet marketing brings a lot of opportunities and benefits to businesses for instance reach to wider audience therefore raising awareness of the brand and attracting prospective customers, reducing overhead cost of the company as running and online business does not require as much finances as a regular business, and improve availability.…

    • 2383 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Business Unit 12 P4

    • 1152 Words
    • 3 Pages

    Describe the benefits and opportunities to the business of using internet marketing within the marketing mix of a selected business.…

    • 1152 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Gay, R et al (2007) Online Marketing: a consumer led approach. Oxford, Oxford University Press…

    • 1588 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Unit 12 Assingment Brief

    • 2821 Words
    • 12 Pages

    Internet marketing therefore, is about the use of the internet in achieving marketing success rather than being about the technology itself. As customers demand more from digital technologies, the technologists themselves are integrating functions and making it easier for more customers to take part.…

    • 2821 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    calyx flower case

    • 415 Words
    • 2 Pages

    Also, if the company makes use of the internet more, the firm can gather customer data more efficiently. So the company can increase the ability to track the behavior of individual customer. This enable the firm not only to tailor communication with the customers, but also to build a long-term relationship with the customers compared to mass-media marketing and catalog. Eventually, it will lower the acquisition cost of the current and new customers and increase retention rate and response rate, the situation which makes the customer more profitable in terms of the life time value.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Research Project

    • 7113 Words
    • 29 Pages

    Today, Marketing becomes useful tool in business. Without doing marketing, organizations cannot find out customers who will bring great benefits for their business. As competition continues to increase, businesses are forced to find new and innovative ways of creating and keeping new customers. They have to apply many marketing campaigns in order to maintain the high level of customer satisfaction.…

    • 7113 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    Google Think Insights

    • 285 Words
    • 2 Pages

    The conclusion is online marketing is getting convenient by each passing day if the business only knows the right tools and how to use it effectively. Google Insights is pure…

    • 285 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Digital Marketing

    • 3872 Words
    • 16 Pages

    Today everything is possible on the internet i.e. online be it making friends, selling goods, ordering snacks, shopping, ordering gadgets, booking flight tickets, watching live t.v., filling up of forms and what not. The world is getting online and so are the business houses. It is time businessmen should realize the benefits of online marketing which is Digital Marketing. As more and more people are going online the market is also shifting online. The online marketing or digital market is by far the most cost effective and flexible media as said by the experts. But at the same time it also requires for the marketer to be updated continuously about the changing technology. This study is based on the concept of Digital Marketing and the challenges that come in the way of effective and proper implementation of it in India owing to the demography of the country. With a substantial growth in the number of digital consumers, digital marketing makes possible the shift from traditional advertisement to direct marketing. However, a strategic path is required to reach to the digital consumer.…

    • 3872 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    In today’s digital era, business marketing is experiencing rapid development. There’s something new to learn every day. Being up-to-date with the latest trend is essential: complacency can be risky and detrimental to your business. You may have heard about digital marketing and its clear value for your brand. You may query how it differs from traditional marketing and if both can be integrated seamlessly to achieve success and continuous growth for your business.…

    • 540 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Kotlar defines online marketing as "marketing conducted through interactive online computer systems, which link consumers with sellers electronically". (Kotlar et al, 1997) A company engaging in online marketing can use methods ranging from hosting an informative web site to taking orders over the internet to having a fully integrated Customer Relationship Management and Order Management system over the internet.…

    • 3871 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Global E-Marketing

    • 5138 Words
    • 21 Pages

    E-marketing is a term that can be used to label the potential of information technology (IT) and the Internet, and the impact on marketing, e-marketing is perhaps the single most important new development in technology in the entire history of marketing, particularly in its ability to leap over distance. It is clear that marketing is undergoing a revolution as a result of the explosion of information technology and the World Wide Web.…

    • 5138 Words
    • 21 Pages
    Better Essays
  • Satisfactory Essays

    Essay Marketing today

    • 503 Words
    • 2 Pages

    It is no coincidence that today people are more connected, best connected and updated in all aspects whether social, cultural or economic policy. This brings about a change in the ways of marketing that is why these new ideas or rather improved versions of marketing, what is now known as online marketing emerges. We were before was impossible to make money from our homes sitting around doing nothing but moving fingers, today this is possible because new technologies…

    • 503 Words
    • 2 Pages
    Satisfactory Essays

Related Topics