What is Social Media Marketing ? – Meaning and Important Concepts
We Humans are essentially social animals. Communication and interaction is vital for the Human society. People love to socialize and interact with one another. Internet technology has changed the way the people communicate. Gone are the days when one had to write a letter or book a telephone call to speak to a friend or […]
Relationship Networks – Customer and Supplier Networks
Selling and Marketing is no longer the same what it used to be few decades ago. Traditional methods of sales and promotions have long been relegated to history. Technology, Internet as well as globalization have redefined every aspect of Marketing and Sales. Organizations have realised the importance of being in tune with the markets and […]
Developing a Brand Equity Measurement and Management System
Marketers have various tools at their disposal to build a strong consumer based brand equity. Through this tool, they have developed many strategically important marketing communication programs. It is important for survival of brand to understand how effective these programs have been. If these programs have been able to induce a positive image and increased […]
The Need to Keep Journalism Free from Paid Public Relations
The Media is an Extension of Big Business Now In recent years, the concept of paid news and advertorials that are a combination of editorials and advertisements have become commonplace around the world. While the media always had a cozy relationship with the advertisers because both depend on each other for sustenance, the recent trends […]
Future of Advertising – Change or Die
Advertising is still all about the ‘ifs and buts of a product’, presented in a glowing rainbow like picture trying to attract consumers — but what is the future of advertising in coming years? Lets go way back when the idea of advertising a product was regarded as some kind of a big deal. Then […]
Building an E Marketing plan for any business or product is quite engaging and challenging. What makes it more interesting is the fact that unlike traditional channels where one needs to depend upon market surveys and other means to gauge the customer behaviour, using the internet search data one can have instant feedback about the customer and this data can then be analyzed and used for building product strategy as well as marketing strategy.
Search is the basic tool that links customers to the product and to the seller on the internet. The search engines have built in processes and algorithms to identify, collect data and work on the data of the search words used by the millions of internet users.
Most often the search words are limited to one or maximum of three words. The variations and the words used by the searchers may vary but will still be relevant to one subject. If you take an example of Americans and Canadians looking to migrate to Mexico for retirement, you will find that there are several thousand hits on words like ‘Migrate to Mexico’, ‘Expat heaven in Mexico’ and Retirement in Mexico’ etc.
The search engines capture and analyze all the data and are built to prompt words to the users. When one types a few letters, the search engine prompts the rest of the options, which shows that the search engine has the data on the most sought after information on the internet and in the area that one is looking at.
The search data can be extrapolated to yield a variety of information about the Consumer behaviour. The data can be analyzed to understand what exactly the customer’s intent is, what exactly the prospective customer is looking for and more details about how many customers are looking for the same information, the geographical location of the searchers etc. All of these details generated can be and are being used by companies and incorporated to build better products and services that the customers are looking for and also to build the exact fit.
Take the case of accommodation during summer in UK. From the search information data of the millions of users who search for specific information about accommodation in UK, very many details regarding the exact location, the type and size of accommodation as well as the budget and other requirements can be tabulated.
The number of prospective customers can also be mapped location wise. Such kind of detailed analysis can help a tour operator to custom build products that suit the customers keeping in line with the findings.
In case of car sales, the Car manufacturing company can get to see who and how many are looking for what kinds of cars, what are their specific requirements in terms of priority be it with safety features, the speed, the mileage or the cost etc.
Besides, the marketing communication can also be targeted at the specific customer group making it more specific and customised to attract attention. The data helps build customer specific and one to one marketing communication. All of the marketing and branding exercise can be done at costs that are miniscule compared to the traditional media advertising.
Keeping in line with changing lifestyle and economics, the customer behaviour is varying and changing. This can also be tracked easily using the search data and depending upon the report; product and services can be modified or suited to meet the new requirements. Besides, the data gathered about the consumer behaviour can also be used to build the marketing strategy for the traditional channels too.
The search data gives you a lot of insight into your customer, his background, his habits, preferences as well as his buying behaviour. It also provides a picture about the competition too.
The size of the market, the sensitivities of the market and consumer, provide the marketer with specific information that can help in building products and services which match with the customer expectation and one can look at means and ways to beat competition too.
If the customer is looking for ‘Cheapest’ and not necessarily the ‘Best’, you know how you have got to position your product to such customer.
SEO Optimization is a part of the E-Marketing plan that uses the search data and the key word to build relevant links and website content and to attract the customer. This apart, the marketing managers find the search data to be a gold mine that gives them complete insight into the customer and helps build the product, pricing, promotion and distribution strategies to suit the customer needs.
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Mapping Customer Behaviour and Pattern is the starting point of E Marketing
February 12, 2025
