E-commerce Marketing & Advertising Concepts Flashcards
Consumer behaviour
A social science discipline that attempts to model and understand the behavior of humans in a marketplace
Consumer Decision Process (5 steps)
Awareness/Need Recognition
Search
Evaluation of alternatives
Purchase
Post-Purchase Behaviour
Online marketing communications
Varies at each stage of the consumer decision process
eg:
Search engines in Awareness, Search, and Evaluation stage
Promotional emails in Purchase stage
Offline marketing communications
Varies at each stage of the consumer decision process
eg:
Social networks in the Awareness, Search, Evaluation, and Post-Purchase stage
Store visits in the Search & Evaluation stage
3 variables in the general model of consumer behaviour
Independent demographic variables (cultural, social, psychological)
Intervening variables (Brand, market communications stimuli, firm capabilities)
Dependent variables (in-store behaviour, buyer decisions)
Clickstream behaviour
The digital trail that consumers establish as they move about the Web
Online consumer behaviour vs general model of consumer behaviour
Similar to normal consumer behaviour with the addition that clickstream data greatly influences purchase decision near to the precise moment of purchase
% of US who have shopped online
92.5%
Two most important factors shaping decision to purchase online
Trust
Utility
Trust (online purchase decision)
Perception of credibility, ease of use, perceived risk. Sellers develop trust by building strong reputations for honesty, fairness, delivery
Utility (online purchase decision)
Prices, convenience, speed
eg:
Which brand should I buy from? What has higher utility?
Four features of internet marketing (PPPC)
More personalized
More participatory
More peer-to-peer
More communal
Most effective marketing is when all four features are present
Search engine marketing (SEM)
A digital marketing strategy used to increase the visibility of a website in search engine results pages (SERPs)
*ORGANIC & PAID SEARCH
Search engine advertising
Use of search engines to support direct sales.
Pay-per-click (PPC) search ads:
Keyword advertising: Google Ads
Google AdSense: Publishers (websites) allow Google to place relevant ads on their sites
Search engine optimization (SEO)
A digital marketing strategy used to increase the visibility of a website in search engine results pages (SERPs) through keywords, etc
*ORGANIC SEARCH