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A Model of Online Consumer Behavior
Figure 6.3, Page 360
Copyright © 2012 Pearson Education, Inc.
A Model of Online Consumer Behavior
 Decision process similar for online and
offline behavior
 General online behavior model
 Consumer skills
 Product characteristics
 Attitudes toward online purchasing
 Perceptions about control over Web environment
 Web site features: latency, usability, security
 Clickstream behavior
Copyright © 2012 Pearson Education, Inc.
Slide 6-3
A Model of Online Consumer Behavior (cont.)
 Clickstream factors include:
 Number of days since last visit
 Speed of clickstream behavior
 Number of products viewed during last visit
 Number of pages viewed
 Supplying personal information
 Number of days since last purchase
 Number of past purchases
 Clickstream marketing
 Developed dynamically as customers use Internet
Copyright © 2012 Pearson Education, Inc. Slide 6-4
What Consumers Shop for and
Buy Online
 Big ticket items
Travel, computer hardware, electronics
Consumers now more confident in purchasing
costlier items
 Small ticket items ($100 or less)
Apparel, books, office supplies, software, etc.
Sold by first movers on Web
 Physically small items
 High margin items
Copyright © 2012 Pearson Education, Inc. Slide 6-5
What Consumers Buy Online
Figure 6.5, Page 365
Copyright © 2012 Pearson Education, Inc.
SOURCES: Based on data from Internet Retailer, 2011.
Slide 6-6
How Consumers Shop
 How shoppers find online vendors
Search engines—59%
Marketplaces (Amazon, eBay)—28%
Direct to retail sites—10%
Other methods—3%
 Online shoppers are highly intentional
Look for specific products, companies, services
 StumbleUpon
 Recommender systems
Copyright © 2012 Pearson Education, Inc. Slide 6-7
Table 6.7, Page 366
Copyright © 2012 Pearson Education, Inc.
SOURCES: Based on data from eMarketer, Inc., 2011d.
Slide 6-8
Trust, Utility, and Opportunism
in Online Markets
 Two most important factors shaping
decision to purchase online:
Utility:
 Better prices, convenience, speed
Trust:
 Asymmetry of information can lead to opportunistic
behavior by sellers
 Sellers can develop trust by building strong
reputations for honesty, fairness, delivery
Copyright © 2012 Pearson Education, Inc. Slide 6-9
Basic Marketing Concepts
 Marketing
Strategies and actions to establish relationship
with consumer and encourage purchases
Addresses competitive situation of industries
and firms
Seeks to create unique, highly differentiated
products or services that are produced or
supplied by one trusted firm
 Unmatchable feature set
 Avoidance of becoming commodity
Copyright © 2012 Pearson Education, Inc. Slide 6-10
Feature Set
Figure 6.6, Page 368
Copyright © 2012 Pearson Education, Inc. Slide 6-11
Products, Brands, and
the Branding Process
 Brand:
 Expectations consumers have when consuming, or
thinking about consuming, a specific product
 Most important expectations: Quality, reliability,
consistency, trust, affection, loyalty, reputation
 Branding: Process of brand creation
 Closed loop marketing
 Brand strategy
 Brand equity
Copyright © 2012 Pearson Education, Inc. Slide 6-12
Marketing Activities:
from Products to Brands
Figure 6.7, Page 369
Copyright © 2012 Pearson Education, Inc. Slide 6-13
The Revolution in
Internet Marketing Technologies
 Three broad impacts:
 Scope of marketing communications broadened
 Richness of marketing communications increased
 Information intensity of marketplace expanded
 Internet marketing technologies:
 Web transaction logs
 Tracking files
 Databases, data warehouses, data mining
 Advertising networks
 Customer relationship management systems
Copyright © 2012 Pearson Education, Inc. Slide 6-14
A Customer Relationship Management System
Figure 6.10, Page 389
Copyright © 2012 Pearson Education, Inc. Slide 6-15
Establishing the Customer Relationship
 Viral marketing
 Blog marketing
 Social network marketing
Driven by social e-commerce
 Social sign-on
 Collaborative shopping
 Network notification
 Social search (recommendation)
 Mobile marketing
Copyright © 2012 Pearson Education, Inc. Slide 6-16
Insight on Business: Class Discussion
Social Network Marketing: Let’s Buy Together
 Why do social networks represent such a
promising opportunity for marketers?
 What are some of the new types of marketing
that social networks have spawned?
 What are some of the risks of social network
marketing? What makes it dangerous?
 Have you ever responded to marketing
messages on Facebook or another network?
Copyright © 2012 Pearson Education, Inc. Slide 6-17
Establishing the Customer Relationship
 Social marketing and wisdom of crowds
Large aggregates produce better estimates and
judgments, e.g.,
 “Like” button
 Folksonomies
 Social tagging
 Mobile platform marketing
 Local marketing
 Brand leveraging
Copyright © 2012 Pearson Education, Inc. Slide 6-18
Customer Retention
 Mass marketing
 Direct marketing
 Micromarketing
 Personalized, one-to-one marketing
 Segmenting market on precise and timely understanding of individual’s
needs
 Targeting specific marketing messages to these individuals
 Positioning product vis-à-vis competitors to be truly unique
 Personalization
 Can increase consumers sense of control, freedom
 Can also result in unwanted offers or reduced anonymity
Copyright © 2012 Pearson Education, Inc. Slide 6-19
The Mass Market-Personalization Continuum
Figure 6.13, Page 407
Copyright © 2012 Pearson Education, Inc. Slide 6-20
Other Customer Retention
Marketing Techniques
 Customization
 Customizing product to user preferences
 Customer co-production
 Customer interactively involved in product creation
 Customer service
 FAQs
 Real-time customer service chat systems
 Automated response systems
Copyright © 2012 Pearson Education, Inc. Slide 6-21
Net Pricing Strategies
 Pricing
Integral part of marketing strategy
Traditionally based on:
 Fixed cost
 Variable costs
 Demand curve
 Price discrimination
Selling products to different people and groups
based on willingness to pay
Copyright © 2012 Pearson Education, Inc. Slide 6-22
Top 10 Strategic Emerging Trends
 Cloud Computing .......................... Now - 2020
 Social Software ............................. Now - 2020
 Next Generation Analytics ............. 2 – 10 years
 Mobile & Real World Web ............. Now - 2020
 Context Aware Computing ............ 5-10 (pieces now)
 Augmented Reality ........................ 2-5 & >10
 Future User Interfaces .................. 2 – 10 years
 3d Printing ..................................... 5-10 years
 Mobile Robots ............................... > 10 years
 Fabric Computing .......................... 5 – 10+ years
Technology/Trend Mainstream Adoption
ATTRACT
ENGAGE
SPEAK
LISTEN
TRANSACT
WHY YOU NEED A WEB SITE
IT’S ALL ABOUT
YOUR USERS
24

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Dijital İndeks-2015

  • 2. A Model of Online Consumer Behavior Figure 6.3, Page 360 Copyright © 2012 Pearson Education, Inc.
  • 3. A Model of Online Consumer Behavior  Decision process similar for online and offline behavior  General online behavior model  Consumer skills  Product characteristics  Attitudes toward online purchasing  Perceptions about control over Web environment  Web site features: latency, usability, security  Clickstream behavior Copyright © 2012 Pearson Education, Inc. Slide 6-3
  • 4. A Model of Online Consumer Behavior (cont.)  Clickstream factors include:  Number of days since last visit  Speed of clickstream behavior  Number of products viewed during last visit  Number of pages viewed  Supplying personal information  Number of days since last purchase  Number of past purchases  Clickstream marketing  Developed dynamically as customers use Internet Copyright © 2012 Pearson Education, Inc. Slide 6-4
  • 5. What Consumers Shop for and Buy Online  Big ticket items Travel, computer hardware, electronics Consumers now more confident in purchasing costlier items  Small ticket items ($100 or less) Apparel, books, office supplies, software, etc. Sold by first movers on Web  Physically small items  High margin items Copyright © 2012 Pearson Education, Inc. Slide 6-5
  • 6. What Consumers Buy Online Figure 6.5, Page 365 Copyright © 2012 Pearson Education, Inc. SOURCES: Based on data from Internet Retailer, 2011. Slide 6-6
  • 7. How Consumers Shop  How shoppers find online vendors Search engines—59% Marketplaces (Amazon, eBay)—28% Direct to retail sites—10% Other methods—3%  Online shoppers are highly intentional Look for specific products, companies, services  StumbleUpon  Recommender systems Copyright © 2012 Pearson Education, Inc. Slide 6-7
  • 8. Table 6.7, Page 366 Copyright © 2012 Pearson Education, Inc. SOURCES: Based on data from eMarketer, Inc., 2011d. Slide 6-8
  • 9. Trust, Utility, and Opportunism in Online Markets  Two most important factors shaping decision to purchase online: Utility:  Better prices, convenience, speed Trust:  Asymmetry of information can lead to opportunistic behavior by sellers  Sellers can develop trust by building strong reputations for honesty, fairness, delivery Copyright © 2012 Pearson Education, Inc. Slide 6-9
  • 10. Basic Marketing Concepts  Marketing Strategies and actions to establish relationship with consumer and encourage purchases Addresses competitive situation of industries and firms Seeks to create unique, highly differentiated products or services that are produced or supplied by one trusted firm  Unmatchable feature set  Avoidance of becoming commodity Copyright © 2012 Pearson Education, Inc. Slide 6-10
  • 11. Feature Set Figure 6.6, Page 368 Copyright © 2012 Pearson Education, Inc. Slide 6-11
  • 12. Products, Brands, and the Branding Process  Brand:  Expectations consumers have when consuming, or thinking about consuming, a specific product  Most important expectations: Quality, reliability, consistency, trust, affection, loyalty, reputation  Branding: Process of brand creation  Closed loop marketing  Brand strategy  Brand equity Copyright © 2012 Pearson Education, Inc. Slide 6-12
  • 13. Marketing Activities: from Products to Brands Figure 6.7, Page 369 Copyright © 2012 Pearson Education, Inc. Slide 6-13
  • 14. The Revolution in Internet Marketing Technologies  Three broad impacts:  Scope of marketing communications broadened  Richness of marketing communications increased  Information intensity of marketplace expanded  Internet marketing technologies:  Web transaction logs  Tracking files  Databases, data warehouses, data mining  Advertising networks  Customer relationship management systems Copyright © 2012 Pearson Education, Inc. Slide 6-14
  • 15. A Customer Relationship Management System Figure 6.10, Page 389 Copyright © 2012 Pearson Education, Inc. Slide 6-15
  • 16. Establishing the Customer Relationship  Viral marketing  Blog marketing  Social network marketing Driven by social e-commerce  Social sign-on  Collaborative shopping  Network notification  Social search (recommendation)  Mobile marketing Copyright © 2012 Pearson Education, Inc. Slide 6-16
  • 17. Insight on Business: Class Discussion Social Network Marketing: Let’s Buy Together  Why do social networks represent such a promising opportunity for marketers?  What are some of the new types of marketing that social networks have spawned?  What are some of the risks of social network marketing? What makes it dangerous?  Have you ever responded to marketing messages on Facebook or another network? Copyright © 2012 Pearson Education, Inc. Slide 6-17
  • 18. Establishing the Customer Relationship  Social marketing and wisdom of crowds Large aggregates produce better estimates and judgments, e.g.,  “Like” button  Folksonomies  Social tagging  Mobile platform marketing  Local marketing  Brand leveraging Copyright © 2012 Pearson Education, Inc. Slide 6-18
  • 19. Customer Retention  Mass marketing  Direct marketing  Micromarketing  Personalized, one-to-one marketing  Segmenting market on precise and timely understanding of individual’s needs  Targeting specific marketing messages to these individuals  Positioning product vis-à-vis competitors to be truly unique  Personalization  Can increase consumers sense of control, freedom  Can also result in unwanted offers or reduced anonymity Copyright © 2012 Pearson Education, Inc. Slide 6-19
  • 20. The Mass Market-Personalization Continuum Figure 6.13, Page 407 Copyright © 2012 Pearson Education, Inc. Slide 6-20
  • 21. Other Customer Retention Marketing Techniques  Customization  Customizing product to user preferences  Customer co-production  Customer interactively involved in product creation  Customer service  FAQs  Real-time customer service chat systems  Automated response systems Copyright © 2012 Pearson Education, Inc. Slide 6-21
  • 22. Net Pricing Strategies  Pricing Integral part of marketing strategy Traditionally based on:  Fixed cost  Variable costs  Demand curve  Price discrimination Selling products to different people and groups based on willingness to pay Copyright © 2012 Pearson Education, Inc. Slide 6-22
  • 23. Top 10 Strategic Emerging Trends  Cloud Computing .......................... Now - 2020  Social Software ............................. Now - 2020  Next Generation Analytics ............. 2 – 10 years  Mobile & Real World Web ............. Now - 2020  Context Aware Computing ............ 5-10 (pieces now)  Augmented Reality ........................ 2-5 & >10  Future User Interfaces .................. 2 – 10 years  3d Printing ..................................... 5-10 years  Mobile Robots ............................... > 10 years  Fabric Computing .......................... 5 – 10+ years Technology/Trend Mainstream Adoption
  • 24. ATTRACT ENGAGE SPEAK LISTEN TRANSACT WHY YOU NEED A WEB SITE IT’S ALL ABOUT YOUR USERS 24