In this online marketing assignment, we have discussed the following marketing trends:
OzpaperHelp says that the three major marketing trends of the current environment have
been discussed-
Internet and online marketing: This is a form of marketing, in which Internet sources such
as e-mail, social media, pay per click (PPC) and websites are used to promote products or
services to customers. In the last decade, the number of internet users is growing at a healthy
rate, which is why the trend of online marketing is increasing.
In online marketing, there is a wide range of marketing elements in comparison to traditional
marketing, for which there is no need for a huge budget for marketing. It is also known as
e-marketing and digital marketing.
Consumer Movement: It is a marketing trend towards consumer economies that offers
restricted choice of options. Consumer movement is defined as an attempt or activity promoted
by consumer groups, government agencies and business firms to protect the rights and interests
of consumers. This is a form of resistance to marketing and business practices that has been
developed to protect the consumer from deceptive advertising and unhealthy environments.
This includes policies developed by government agencies to control the advertising of products,
services, manufacturing methods and buyers or users. The efforts of non-profit organizations
also include efforts to increase the welfare of the consumer in a consumer movement.
Importance Of Brand Identify : Brand Identity is a unique set of brand elements such as
brand elements, logos, features, scope, emblems and usage that help consumers identify and
differentiate the brand. It is an important part of marketing that can improve brand awareness,
generate active consumers, motivate employees, and differentiate a specific brand from their
competitors. Brand recognition is also important for bringing brand positioning as well as enhancing
brand loyalty and trust. In addition, brand recognition is also important in marketing as it provides
brand management, branding and positioning basis.
Effect Of Online Marketing: At present, most business organizations are using the internet
and online marketing tools to promote their products or services among customers. The
important consequences of online marketing are given below by the Marketing Management
Assignment Assistance Specialists-
· Nowadays, people like to shop online for purchasing products due to convenience and
ease of comparison before the final purchase.
· Due to the trend of internet marketing, consumer purchase behavior has been replaced
by traditional purchases. That's because now consumers have the option to see not only
the detailed information or performance of a specific brand on the Internet but also the
option to make purchases.
· Along with this, the increase in online shopping business and transactions as well as
decrease of marketing costs is also a significant influence of online marketing.
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