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E-Marketing: A Consumer Behavior Perspective Professor: Jacques Nantel , Ph.D Director: RBC Financial group Chair in e-Commerce HEC Montréal May 2006 . World Wide. More and more people have access to the Web or other forms of e-commerce
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E-Marketing: A Consumer Behavior Perspective Professor: Jacques Nantel, Ph.D Director: RBC Financial group Chair in e-CommerceHEC MontréalMay 2006
World Wide • More and more people have access to the Web or other forms of e-commerce • More and more are seeking information through the Web before buying • More and more are actually buying on the Web
But unlike what was thought 3 years ago • With some exceptions (music) the Web doesn’t belong to pure players • The Web doesn’t belong neither to conventional retailers • The Web is truly Multi-Channel
Why are consumers active on the Web? • Accessibility • Diversity • Customization • Prices
Marketing through the Web • How to get known • Personalization and customization
How to get known • Your name • External advertising • Organic optimisation • Paid optimisation • Web advertising
How do consumers surf on the net while looking for a product or a service ? Source: The e-tailing group (April 2004)
How do consumers surf on the net while looking for a product or a service ? 25% Source: The e-tailing group (April 2004)
Optimisation on search engines • Organic • Paid
Basics of search engine optimisation • Write good content • Use key Words (keyword, meta-tag) • Your domain name (URL) • Think about spelling • Write descriptive page titles • Use real headings • Use search engine friendly URLs • Get linked to • Use valid, semantic, lean, and accessible markup • Don’t try to fool the search engines
Paid positions • There is a nominal, one-time activation fee for Google AdWords. After that, you pay only for clicks on your keyword-targeted AdWords ads, or for impressions on your site-targeted AdWords ads. You can control your costs by telling us how much you're willing to pay per click or per impression and by setting a daily budget for spending. For example, a new advertiser paying in USD can activate his/her AdWords account with just US$5.00, and can then choose a maximum cost-per-click (CPC) from US$0.01 - US$100.
Basic tools • Web logs • http://www.alexa.com/ • http://www.wordtracker.com
Personalization(Wind Jerry (2001) Journal of Interactive Marketing
Personalization • Reduces acquisition costs • Increases loyalty • Increases AOV
More than just transactions the Web is also a matter of information • On a site • Cookies • Password • Through consortiums (Double click) • Cookies • Ad Servers • Third parties • Microsoft Passport • N-case – 180Solutions - MetricsDirect
What is done with it ? • Site Personalization • Cross Marketing • Affiliate marketing • Adapted advertising • http://www.180solutions.com/pages/advertisers.aspx
Basic metrics • CPM • CTR • CPC • AOV