2. MEANING
It is also known as digital marketing, web
marketing, on-line marketing or search
marketing
It refers to the marketing of goods and
services through electronic devices and
digital media
It is the process of building and maintaining
customer relationships through electronic
media to facilitate exchange of goods and
services for the purpose of achieving
marketing objectives
3. FEATURES
Identifying and satisfying customer needs
through electronic media
Keeping close to the customers through
electronic means
Extension of direct marketing
Highly interactive in nature
Personalization is possible
6. TRADITIONAL V/S E-MARKETING
Traditional Marketing
Marketing through
traditional devices
Customer is a target
High transaction costs
Based on segmentation
There is a physical
market
Dealings in cash or
cheque
E-Marketing
Marketing through
electronic devices
Customer is a partner
Low transaction costs
Based on communities
There is a virtual
market
Dealing in digital cash
or e-cheque
7. REASONS FOR NON-POPULARITY
Computers have not penetrated in home use
Many customers feel comfortable with the
concept of touch, feel, buy
Many people consider shopping as an
entertainment
Many consumers prefer to get the news in a
traditional manner
In industrial market, it is virtually impossible
to buy