Integrating
Marketing and e-Marketing
For
many companies the question of if they ought to integrate marketing
and e-marketing is often answered by the more urgent question, and
that is when. The pervasive adoption of the Internet, and with
it Web 2.0 technologies that serve as the catalyst of social networks
(Bernoff, Li, 2008) are revolutionizing nearly every aspect of
international or global marketing today (Sheth, Sharma, 2005).
The intent of this analysis is to point out the factors favoring the
integration of marketing and e-marketing.
Keeping
Pace with Customers
In
order to sustain and grow trust with customers over time it is
critically important for them to stay current with how customers
choose to learn about new products, purchase and use them
(Radin, Calkins, Predmore, 2007). Staying relevant is the
first step to retaining the trust of customers over the long-term.
As more customers rely on the Internet as their primary means to
learn about, gain trust in and eventually purchase products, it’s
critical for more companies to look at how they can integrate
marketing into a single, cohesive platform. This entails the
integration of marketing and e-marketing into a single, unified
platform. Once this has been accomplished companies can keep
pace with their customers’ changing needs much more effectively.
Another
factor driving customers to the Internet is the opportunity to create
a more personalized, custom experience from the products orders, the
interaction with the company, and the overall brand experience as
well. All of these factors taken together, across all channels, both
on- and off-line play a critical role in customer loyalty (Chang,
Wang, Yang, 2009). To attain higher levels of trust and loyalty
with customers over time, companies are being forced to have a highly
synchronized series of strategies that deliver the same experience,
information and value both on- and offline.
Analysis
of Performance
Another
primary factor that is serving as a catalyst for companies
integrating their marketing and e-marketing into a single, unified
platform is the potential that exists for measuring performance of
strategies at a much greater level of accuracy than has been possible
in the past (Bernoff, Li, 2008). This is particularly useful
from a global standpoint when companies must budget their
advertising, promoting and marketing dollars across a wide variety of
programs, each operating in a different geography (Sheth, Sharma,
2005). While much has been written about the world being flat, in
fact marketing globally has never been more heterogeneous and diverse
(Sheth, Sharma, 2005). For companies to attain a high level of
trust in their chosen markets the focus needs to be on measuring
strategies online to see what resonates and makes them relevant over
not (Radin, Calkins, Predmore, 2007). Metrics captures
from e-marketing can deliver insights into how to be a trusted
advisor in a critical market over time.
Conclusion
It
is not a question of whether e-marketing should be merged or not; it
is a question of when. All factors point to the integration
being critical to the long-term growth of companies striving to be
trusted in their core markets with their primary customers and
prospects.
References
Bernoff, J., & Li, C.. (2008).
Harnessing the Power of the Oh-So-Social Web. MIT Sloan
Management Review, 49(3), 36-42.
Chang,
H., Wang, Y., & Yang, W. (2009) The impact of e-service quality,
customer satisfaction and loyalty on e-marketing: Moderating effect
of perceived value. Total Quality Management & Business
Excellence, 20(4), 423.
Tara
J Radin, Martin Calkins, & Carolyn
Predmore. (2007). New Challenges to Old Problems: Building Trust
In E-marketing. Business and Society Review, 112(1), 73-98.
Jagdish
N Sheth, & Arun Sharma. (2005). International e-marketing:
opportunities and issues. International Marketing Review, 22(6),
611-622.
Written
By: Ashley McDonough
AMAC
Solutions (c) 2010