Thursday, February 27, 2020

Direct advertising Dissertation Example | Topics and Well Written Essays - 3000 words

Direct advertising - Dissertation Example Literature Review Direct Advertising There is a clear need for highly targeted marketing activities within the Internet environment. The Internet is a collection of smaller submarkets where developing and maintaining relationships with online customers generates sales, regenerates sales and subsequently profits (Norwood et al. n.d). However, applying this kind of marketing approach is not as simple as it looks. The online marketers may understand that marketing online only includes one-to-one promotion. The difficulty may be that the statistical data of the online consumers do not favour relationship building: 88 percent own a home computer and 67 percent of Internet newcomers are male, 39 percent have a college degree and 17 percent live in householders with only incomes of $ 80,000 or more (Norwood et al. n.d). Moreover, the reports suggest that the online consumers could be identified as impatient, having no particular allegiance to any particular websites. And more specifically, the on line users can be described as ‘switchers’, empowered to choose which site they want to visit so that when encountered with a barrage of on-line advertising, they simply switch to another website. This could subsequently be said that the on-line consumer may not prefer to enter into a relationship. In addition to that, there is a strong perception that a considerable number of online users and consumers believe that they the promotions through direct advertising cannot be relied as the frequency of fraud cases have enhanced to a dangerous level. Given these circumstances, the task of constructing and maintaining long term on line relationships has become a biggest challenge ever faced by the marketers. The key is to secure customer loyalty which would... This "Direct advertising" essay outlines the usefulness of this type of ad for companies and its effectiveness. Applying this kind of marketing approach is not as simple as it looks. The online marketers may understand that marketing online only includes one-to-one promotion. The difficulty may be that the statistical data of the online consumers do not favour relationship building: 88 percent own a home computer and 67 percent of Internet newcomers are male, 39 percent have a college degree and 17 percent live in householders with only incomes of $ 80,000 or more. The reports suggest that the online consumers could be identified as impatient, having no particular allegiance to any particular websites. And more specifically, the online users can be described as ‘switchers’, empowered to choose which site they want to visit so that when encountered with a barrage of on-line advertising, they simply switch to another website. This could subsequently be said that the on-lin e consumer may not prefer to enter into a relationship. In addition to that, there is a strong perception that a considerable number of online users and consumers believe that they the promotions through direct advertising cannot be relied as the frequency of fraud cases have enhanced to a dangerous level. Given these circumstances, the task of constructing and maintaining long term on line relationships has become a biggest challenge ever faced by the marketers. The key is to secure customer loyalty which would bring increased shareholder value and asset efficiency.

Monday, February 10, 2020

Monetary Policy Wages, Markets and Income Essay Example | Topics and Well Written Essays - 500 words

Monetary Policy Wages, Markets and Income - Essay Example As asserted by Woodruff, the real interest rate is defined as the interest rate minus the rate of inflation in the economy. Viewing it in another way, interest rate, specifically the nominal interest rate, is the real interest rate plus the inflation. The nominal interest rate is what is actually applied to my mortgage or loan application. With this, it becomes evident that an increase in inflation brings about an increase in interest rate. As such, should I perceive that inflation is relatively during a particular period, then I may defer my decision to apply for a loan or mortgage until inflation has been curbed as expected by economic agencies. This would generally lessen my cost of borrowing given the resulting lower interest rate. Relative to inflation, Woodruff also noted that leading inflation indicators should be watched. These key reports include those on unemployment rate, employment cost index (ECI), GDP, consumer price index (CPI) and producer price index (PPI). The employment reports of the Department of Labor are deemed as the "harbinger of inflation." This is because of the perceived inverse relation between inflation and unemployment rate, meaning with a lower unemployment rate-an uptick in inflation is expected.