Digital marketing and E-commerce

Cards (33)

  • What is digital marketing?
    Use of digital means to promote products
  • How does digital marketing relate to traditional marketing?
    It shares principles and adds new approaches
  • When did digital marketing start to become popular?
    In the 1990s with internet adoption
  • 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
  • What does marketing encompass?
    Techniques to promote products and services
  • Why did companies shift to digital marketing?
    Internet provided new ways to reach consumers
  • What impact did new technologies have on marketing strategies?
    Forced companies to rethink budgets and strategies
  • What was a popular marketing tool in early digital marketing?
    Email marketing
  • How did search engines change marketing?
    Allowed businesses to tag and keyword items
  • What role do social platforms play in digital marketing?
    Track user data and target specific audiences
  • What is e-commerce generally regarded as?
    Trading of goods and services online
  • What does e-commerce involve beyond trading goods?
    Economic activities and electronic payments
  • How does e-commerce differ from e-business?
    E-commerce involves transactions, e-business involves activities
  • What are examples of e-commerce?
    Dropshipping, crowdfunding, online shopping
  • What are the four main types of e-commerce?
    1. Business-to-Consumer (B2C)
    2. Business-to-Business (B2B)
    3. Consumer-to-Business (C2B)
    4. Consumer-to-Consumer (C2C)
  • What is the most common e-commerce model?
    Business-to-Consumer (B2C)
  • What does the B2C model involve?
    Direct transactions between businesses and consumers
  • Which companies practice the B2C model?
    Facebook, Amazon, Walmart
  • What is the B2B e-commerce model?
    Businesses transact with other businesses
  • Why is B2B appreciated in certain industries?
    High-end products or services are exchanged
  • What is the C2B model?
    Consumers exchange products/services with businesses
  • Who typically uses the C2B model?
    Freelancers and independent contractors
  • What is the C2C e-commerce model also known as?
    Peer-to-Peer (P2P) e-commerce
  • How does C2C work?
    Consumers exchange goods/services via third-party platforms
  • What are examples of C2C platforms?
    eBay and Facebook Marketplace
  • 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
  • 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
  • What is a disadvantage of e-commerce regarding delivery?
    Delivery wait time for products
  • What security issues can arise in e-commerce?
    Spam websites selling fake products
  • What is a limitation of e-commerce regarding product experience?
    Inability to feel products before purchase
  • How does customer service differ in e-commerce?
    Limited hours compared to physical stores
  • 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
  • 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