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The Internet micro-environment
[object Object],[object Object],[object Object],--  Jack Welch, CEO of GE, outlining his competitive strategy for the next century Competitive Advantage...
Source: European Interactive Advertising Association Number of B2C online Purchases in Europe during January-June 2007
 
The Internet marketing environment
Micro Environment ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Marketplace ,[object Object],Competitive forces Value chain New  channel Location of trading Commercial agreements New business &revenue models
Competitive forces
 
 
 
 
Value creation model
 
New channels
 
 
Location of trading  ,[object Object],[object Object],[object Object],Types of marketplace location
Different types of online trading location
Commercial arrangements Negotiated deal (www.ec21.com) brokerrred deal (www.screentrade.co) auction (www.ebay.com) Fixed price sale (www.dominos.com) barter (www.intagio.com) Pure markets (shares dealing online
  Alternative perspectives on business models
Customers  ,[object Object],Demand analysis & Conversion modeling Online Buyer  behavior
Demand analysis & conversion modeling Understanding the  Potential and actual  Volume of visitors To site The extent to which  they convert to  the outcomes
Assessing customer demand ,[object Object],[object Object],[object Object],[object Object]
 
CONVERSION MODELS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A model of the Internet marketing conversion process
 
Online buyer behavior webographics Usage location Access drive Connection speed Usage type Usage level
Customer persona & scenario analysis Thumbnail description Of a type of person  Developed for  different personas Set of tasks a customer  wants for desired outcome
Models of online behavior ,[object Object],[object Object],[object Object]
Lewis & Lewis (1997) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
E-Consultancy (2004) ,[object Object],[object Object]
Select supplier (enquire) ‘ Tracker’ Completing ‘ Hunter’ Researching ‘ Explorer’ Browsing Directed goal-oriented Undirected, exploratory Destination purchase (buy) Define requirements Assess  supplier capabilities ‘ Inspire me’ ‘ What’s out there’
Hierarchy of Response Models
Competitors & suppliers
Intermediaries ,[object Object],[object Object],[object Object],[object Object]

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