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M2. The task. Analyse the marketing opportunities and challenges faced by a selected business when using internet marketing. What you need to do. Use the same business that you’ve already looked at for this unit (probably Tesco)
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The task Analyse the marketing opportunities and challenges faced by a selected business when using internet marketing
What you need to do • Use the same business that you’ve already looked at for this unit (probably Tesco) • Pick three opportunities that the business you have chosen has been able to benefit from that internet marketing provides e.g. • Reaching wider/more distant markets • 24/7 access • Dynamic prices (promotions) • Personalised services / web pages • There are others – check your P4!!!!
What you need to do… 3. Pick three challenges (from your P6!!!) and • Payment security • Meeting customer expectations (e.g. sticking to delivery times!) • Keeping pace with technology • Overload of market feedback • ETC – use your P6!!!!
What you need to do… 4. You then need to explain how this has affected the business (both positively and negatively) 5. For EACH of the opportunities/challenges you look at you need to draw a mini conclusion to say whether or not the business has actually benefitted/suffered from this