Lecture 8 (E-commerce marketing and advertising) Flashcards
Advantages of Online advertisement
-Best way to reach 18-34yo
-Individualized ads
-Price discrimination
What does Pay per click (PPC) depend on
-Keyword competetiveness
-????
Native advertisement
Content which fits among the actual content but is paid for
Ad exchanges
Digital marketplace that uses automated auction method known as rogrammatic advertisement
Real time bidding (RTB)
Process used to match advertising demand with publisher supply
Price discrimination
Difference in price offers depending on time or user
Long tail marketing
allows companies to realize significant profits by selling low volumes of hard-to-find items to many customers, instead of only selling large volumes of a reduced number of popular items
Go over slides again!!!
CRM Customer relation management
Tracking users and their behavior
Cost per thousand (CPM)
how much you pay for 1000 ad impressions
Cost per action CPA
you pay only when an action was done e.g. full video watched til end