Internet marketing is born out of numerous and continuous studies of the behavior of consumers when they purchase a product or a service. They make up a very strong part of the process that consumers go through before making a decision. This has only become more apparent as the growth of social media surrounds us. Before making their final decisions on the purchase of a product or a service, consumers research about their prices and the quality on the internet.
Internet marketing provides this information. It also enables a business to build a relationship with the clients and prospects through regular updates and personalized communication. The strategy is target towards a very specific group of consumers—the internet users.
Convenience
You can sell anything (except, drugs, of course) on the internet. You can market your products to people in far away places without having to spend a single centavo. It’s also easy to advertise and promote products on the internet. All you have to do is shoot a video or shot a photo, write a caption, and upload it on YouTube or Facebook.
Cost
It costs almost nothing to market your products and services via the internet. Sure, you’ll have to pay the videographer his fee for producing a video about your products, but uploading the said video on YouTube and Facebook would cost nothing.
Personalization
You can personalize your strategy and craft messages for a particular group of consumers. Go to a Facebook page and upload a specifically-created post for that group. Go to another page, tweak the post a little, and upload another personalized post. You can make targeted offers that reflect the interests of the group. In turn, they will feel appreciated and they will focus more on your message, which relates to what they do and what interests them.
Relationships
Begin great relationships with your customers through the internet. After a customer bought a product from you, keep in touch by asking him/her about the product and if he/she has any complaints about it. With his/her permission, you can send regular updates about other items you are selling. You can make personalized offers based on his/her preferences.
Social media
Internet marketing allows you to tap the rich potential of social media. There is simply nothing and no one that social media cannot reach today. Even the most socially awkward person has a presence on social media to reach out and communicate with his friends and family.