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Topic Three
Using the marketing mix
Digital marketing and E-commerce
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Created by
Isaac Barden
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Cards (33)
What is digital marketing?
Use
of
digital
means
to
promote
products
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How does digital marketing relate to traditional marketing?
It shares
principles
and adds new approaches
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When did digital marketing start to become popular?
In the
1990s
with
internet adoption
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What are the key takeaways of digital marketing?
Promotes products via
websites
and
social media
Tools
available to measure campaign effectiveness
Challenge of standing out in a saturated market
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What does marketing encompass?
Techniques to promote
products
and services
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Why did companies shift to digital marketing?
Internet
provided new ways to reach consumers
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What impact did new technologies have on marketing strategies?
Forced companies to rethink
budgets
and strategies
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What was a popular marketing tool in early digital marketing?
Email marketing
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How did search engines change marketing?
Allowed businesses to
tag
and
keyword
items
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What role do social platforms play in digital marketing?
Track user data and
target
specific audiences
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What is e-commerce generally regarded as?
Trading of
goods
and services online
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What does e-commerce involve beyond trading goods?
Economic activities and
electronic
payments
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How does e-commerce differ from e-business?
E-commerce involves
transactions
, e-business involves
activities
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What are examples of e-commerce?
Dropshipping
,
crowdfunding
, online shopping
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What are the four main types of e-commerce?
Business-to-Consumer
(B2C)
Business-to-Business
(B2B)
Consumer-to-Business
(C2B)
Consumer-to-Consumer
(C2C)
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What is the most common e-commerce model?
Business-to-Consumer
(B2C)
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What does the B2C model involve?
Direct
transactions
between businesses and consumers
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Which companies practice the B2C model?
Facebook
,
Amazon
,
Walmart
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What is the B2B e-commerce model?
Businesses
transact
with
other
businesses
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Why is B2B appreciated in certain industries?
High-end products or services are exchanged
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What is the C2B model?
Consumers
exchange products/services with businesses
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Who typically uses the C2B model?
Freelancers
and independent contractors
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What is the C2C e-commerce model also known as?
Peer-to-Peer (P2P)
e-commerce
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How does C2C work?
Consumers exchange goods/services via
third-party
platforms
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What are examples of C2C platforms?
eBay
and
Facebook Marketplace
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What are the benefits of e-commerce?
Large variety of
products
and services
Diverse
transaction
methods
Global reach for businesses
Easy online product/service listing
Convenient access for consumers
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What are the advantages of e-commerce?
Ease and speed of access
Availability
24/7
Wide range of
products/services
No
domestic limitations
Easy and secure
payment methods
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What is a disadvantage of e-commerce regarding delivery?
Delivery wait time
for products
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What security issues can arise in e-commerce?
Spam
websites selling fake products
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What is a limitation of e-commerce regarding product experience?
Inability to feel products before
purchase
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How does customer service differ in e-commerce?
Limited hours compared to
physical stores
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What is the current trend in the e-commerce industry?
Rapid growth post-
COVID-19
Popularity among businesses and consumers
Leading brands include
Alibaba
and
Amazon
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What are the key takeaways about e-commerce?
E-commerce involves
transactions
over
electronic media
More than just trading
goods and services
Distinct from
e-business
activities
Four main
models
:
B2C
,
B2B
,
C2B
,
C2C
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