8. Advertising in E-Commerce Flashcards
Advertising in E-Commerce
advantages and disadvantages
- two main purposes of advertising = drive sales and branding
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advantages:
- Internet is where audience is moving
- Ad targeting = selling of market messages to specific group
- Interactivity = communication between advertises and potential customers
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Disadvantages:
- cost vs. Benefit
- adequate results measuring
- supply of good places to display ads
Forms of online advertising
Display ads
= advertising on websites through banners made of text, images and video
Rich media
= ad including animation and inetactivity
Video ads
= TV-like ad that appears as an in-page video commercial
Search engine adverising
= involves the use of search engines to support direct sales to online consumers
Social network advertising
= involves the use of online networks and communities to buil brands and drive sales
Sponsorship
= a paid effort to tie an advertiser’S name to information or an event in a way that reinforces its branding in a positive commercial manner
E-mail marketing
= e-mail maketing messages directly sent to intrested users
Mobile advertising
= form of advertising via mobile devices
Local advertising
= optimizing delivering ads recording to the users position with the use of Geofencing
Online marketing metrics (basics)
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Google Analyics:
- Users: total number of unique visitors to a particular oage on your website
- Pageviews: total number of times a particular apge on your website is viewed
- Unique Pageviews: combines pageviews that are generated by the same user during the same session
- location
- Source/Medium: channels that assisted with the consumption of your content
- Mobile: indicates whether or not you should be focusing on long-term content ot formats that are easy to view on mobile such as infographics or video
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E-Mail
- open rates: email headlines are content too
- Clicks: how many clicks do your emails acquire and where do they go after?
Online Marketing Metrics (engagement)
- Google Analytics:
- average time on page
- Pages/Session: total number of pages a user visits whilst browsing your website
- New vs. Returning: how many people are negaging with your content for the first time or on a regular basis
- Referral Traffic: overview of the websites that are sharing and linking to your content
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Social Networks
- Shares: re-tweets, re-pins or any channel-specific social share metric
- Comments: it takes more effort for a reader to post a comment than to like to mention or to tweet
- Follower growth: new followers in your regular reporting - think why?
Online Marketing metrics (engagement)
- Email
- Subscriber growth: provides overview of the users that have actively chosen to receive your email content
- Unsubscribers/opt-outs: analyze the reasons!
- Forwards: can be tracked more effectively if you incorporate a “send to a friend” button
Online marketing metrics (lead & conversation)
- Google Analytics
- goal completions: set your goals in Google Analytics yourself! E.g. for lead generation - newsletter signup, brochure download, contact form completion etc.
- goal conversion rate: divide total number of goal completions by total number of sessions - your personla goal conversion rate
- Actual conversion rate: compare!
- Transactions: aplly a filtered view to see what percentage of revenue from online transactions brought e.g. your blog, your newsletter or your Facebook ad
- Time to purchase
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Social Networks
- Conversion tracking:conversion tracking on Facebook and Twitter can help you measure the ROI of promoted content by tracking what users did after they sawyour content