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Technology Makes
us a Marketing
Tool, Demographic
and Target
By Jena Thompson
Introduction
● Since the beginning of commerce,
businesses have needed a way to
promote their goods and services
● For centuries the only way was through
word of mouth recommendation by a
satisfied customer
● Advent of printing, radio, television, and
internet meant new tools became
available for promotion of goods and
services
Technology Makes us a
Marketing Tool
● Businesses rely on satisfied customers
to recommend them to others and grow
their customer base
● Technologies such as mobile phones,
social media, and customer relationship
management systems greatly affect the
way companies communicate with
prospective customers
The Professional
Reviewer
● With the development of current
technologies, it became possible for the
person making the review to reach a
much wider audience
● Realizing the power of recommendation,
marketers began to use celebrity
endorsement as a way to promote their
products and services
Demographics
the statistical data of a population,
especially those showing average age,
income, education, etc.
Technology Makes us a
Marketing Demographic
● Traditional media broadcasts out to a
large number of people and marketers
hope that at least some of them will be
interested in their product
● Marketers get improved results by
focusing on the demographic that is
most likely to be interested
● For example small economy cars are
more appealing to young adults than
middle aged people with children
● A marketing target is someone who is
highly likely to be interested in the
product or service being marketed
● Targeted marketing provides a higher
success rate in getting the right
message across to the right audience
● Money is not wasted on advertising to
people who will never be interested
Target Marketing
● In the digital age marketers have more
information on the population than ever
before and more easily able to put
individuals into categories
● Because they assume everyone in each
category is the same their message is not
effective for all individuals but it is far more
accurate than broadcasting to the general
population
● For example not all women 25-35 years old
need baby supplies but many more of them
do than people in older age categories
● Ideal marketing targets have already
expressed their interest in products and
services similar to the ones being
promoted
● Search engines track users searches by
recording all activities and websites
visited
● For example a customer browsing books
for sale by an on-line retailer may be
given recommendations on books be
the same author or genre
Analysis of Data
● The technology of the digital age has given
marketers vast quantities of data about our
transactions, behaviours and tastes
● Small pieces of information from web
searches, on-line purchases, sites visited,
reward program memberships, digital
coupons, cash register transactions can be
used to profile an individual for targeted
marketing
● Computing power now allows detailed
analysis of this data to craft increasingly
targeted marketing messages
Negative Effects
● Violating people’s privacy and exposing
them to fraud and identity theft
● Encourage people to not use certain
websites if it annoys them
● Laws have not kept pace with the
technology and cyber-crime is a serious
problem in our society
● Malicious people have the ability to send
out a message to a large audience and
encourage them not to purchase a
company's goods or services
Positive Effects
● The business will save on promotional
costs and grow its sales by focusing on and
reaching an interested audience
● The customer may benefit from discount
offers and are presented with opportunities
they may not otherwise have known about
● For example a consumer who buys a digital
download of musicians’ album will likely be
grateful to be sent targeted messaging
about the musician’s upcoming concert
appearance in a nearby city
References
● https://www.boundless.com/marketing/th
e-marketing-
environment/technology/impact-of-
technology-on-marketing/
● http://dictionary.reference.com/
● http://www.entrepreneur.com/article/224
582
● http://www.infotoday.com/online/mar06/
OnTheNet.shtml/
● http://theagenda.tvo.org/

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Infotechpresentation

  • 1. Technology Makes us a Marketing Tool, Demographic and Target By Jena Thompson
  • 2. Introduction ● Since the beginning of commerce, businesses have needed a way to promote their goods and services ● For centuries the only way was through word of mouth recommendation by a satisfied customer ● Advent of printing, radio, television, and internet meant new tools became available for promotion of goods and services
  • 3. Technology Makes us a Marketing Tool ● Businesses rely on satisfied customers to recommend them to others and grow their customer base ● Technologies such as mobile phones, social media, and customer relationship management systems greatly affect the way companies communicate with prospective customers
  • 4. The Professional Reviewer ● With the development of current technologies, it became possible for the person making the review to reach a much wider audience ● Realizing the power of recommendation, marketers began to use celebrity endorsement as a way to promote their products and services
  • 5. Demographics the statistical data of a population, especially those showing average age, income, education, etc.
  • 6. Technology Makes us a Marketing Demographic ● Traditional media broadcasts out to a large number of people and marketers hope that at least some of them will be interested in their product ● Marketers get improved results by focusing on the demographic that is most likely to be interested ● For example small economy cars are more appealing to young adults than middle aged people with children
  • 7. ● A marketing target is someone who is highly likely to be interested in the product or service being marketed ● Targeted marketing provides a higher success rate in getting the right message across to the right audience ● Money is not wasted on advertising to people who will never be interested Target Marketing
  • 8. ● In the digital age marketers have more information on the population than ever before and more easily able to put individuals into categories ● Because they assume everyone in each category is the same their message is not effective for all individuals but it is far more accurate than broadcasting to the general population ● For example not all women 25-35 years old need baby supplies but many more of them do than people in older age categories
  • 9. ● Ideal marketing targets have already expressed their interest in products and services similar to the ones being promoted ● Search engines track users searches by recording all activities and websites visited ● For example a customer browsing books for sale by an on-line retailer may be given recommendations on books be the same author or genre
  • 10. Analysis of Data ● The technology of the digital age has given marketers vast quantities of data about our transactions, behaviours and tastes ● Small pieces of information from web searches, on-line purchases, sites visited, reward program memberships, digital coupons, cash register transactions can be used to profile an individual for targeted marketing ● Computing power now allows detailed analysis of this data to craft increasingly targeted marketing messages
  • 11. Negative Effects ● Violating people’s privacy and exposing them to fraud and identity theft ● Encourage people to not use certain websites if it annoys them ● Laws have not kept pace with the technology and cyber-crime is a serious problem in our society ● Malicious people have the ability to send out a message to a large audience and encourage them not to purchase a company's goods or services
  • 12. Positive Effects ● The business will save on promotional costs and grow its sales by focusing on and reaching an interested audience ● The customer may benefit from discount offers and are presented with opportunities they may not otherwise have known about ● For example a consumer who buys a digital download of musicians’ album will likely be grateful to be sent targeted messaging about the musician’s upcoming concert appearance in a nearby city
  • 13. References ● https://www.boundless.com/marketing/th e-marketing- environment/technology/impact-of- technology-on-marketing/ ● http://dictionary.reference.com/ ● http://www.entrepreneur.com/article/224 582 ● http://www.infotoday.com/online/mar06/ OnTheNet.shtml/ ● http://theagenda.tvo.org/