electronic point of sale (EPOS) for market research
online survey
internet advertising
e-commerce
e-mail
databases
social media
desktop publishing (DTP)
text alerts
apps
quick response (QR) codes
EPOS
1. Gather information on customers' buying habits
2. Monitor any effect of price change or promotion on sales
EPOS systems
Can be expensive to set up
Can be used alongside customer loyalty cards to monitor consumers' buying habits
Can produce information which can be used to target promotional campaigns to the appropriate customers
Online surveys
1. Cost effective
2. Easy to develop
3. Allow customers to be asked to take a quick online survey when visiting the company website
4. Allow surveys to be sent directly to customers via e-mail
5. Allow software to be used to analyse the results, which can then be used to monitor customer buying habits or the effectiveness of company marketing strategies
Databases
Information on customers can be stored
Can be searched to find customers with specific characteristics
Can be used for target marketing or promotional campaigns
Information can be merged with advertising materials to be sent out to customers
Marketing relies heavily on customer engagement, often face-to-face, and consumers expect businesses to provide up-to-date, reliable technology
Technology allows the marketing department to operate much more efficiently
commerce
The buying and selling of goods online
Allows the marketing department to reach the global market who will be able to shop 24-hours-a-day 7-days-a-week
mail
Can be used to send surveys or marketing materials to customers
Quick and cost effective
Internet advertising
A cost effective way to allow a company to access a wide audience
Can target specific market segments by using customer browser histories
Social media
Twitter, Facebook, Instagram and Snapchat can all be used to interact with customers
Products can be advertised at any time and they allow access to a wide range of customers
Allows customers to respond to adverts and ask questions to the company
Desktop publishing (DTP)
Software can be used to create professional looking advertisements to encourage customers to purchase products
Text alerts
Can be used to inform customers of new products, special offers or promotions
Apps
Can be used to give customers easier access to products and services
Can be used to advertise products, for example 'in-app' advertising when playing games
Quick response (QR) codes
When a customer scans a QR code it will take them directly to a company website
Often shown on promotional advertising billboards and magazines
Enables the customer to access the goods quickly and easily, which could increase sales
Benefits of technology in marketing
Improves communication through use of email
Increased access to information through the use of the internet
Marketing department can find suppliers anywhere in the world
File sharing can be carried out anywhere in the world through the organisation's network
Reduces labour costs
Improves quality of products or services to customers