Class 6, 9/17 Online Consumer Behavior

Chapter 5 – Roberts

  • What are the stages of Internet consumer behavior? What is the importance of the stages that come after “Purchase?”

 

The stages are as follows:

 

Awareness > Search behavior (goal-oriented, entertainment/experience oriented) > Task completion (content/information acquisition, purchase, abandoment) Repeat visit (occasional, frequent), Use/Consumption Behavior > Loyalty

 

The important of the other stages repeat visit, use/comsumption behavior, and loyalty is that customers on these stages will be the ones generating the most revenue for the companies because they will remain coming back.

 

  • What are some specific dimensions on which the global demographics of the Internet are changing? How do you expect these changes to affect use of the Internet?

 

More and more people have access to internet and this has narrowed the gap between the rich and the poor, the educated and the uneducated. It is g

 

  • What is consumer interactions data and why is it important to understanding and serving Internet consumers better?

 

This is data that company obtain about how customers interact online with each others. It is important for companies to understand how they interact so they can provide a better service to them.

 

  • .What is the difference between online marketing research and online data capture? Be prepared to give an example of each.

 

Online marketing research deals with doing research online to find out about the behaviors or characterics of a certain segment or busienss model. Online data capture does not deal with these but rather with the capturing of information about customer behavior. Everytime a person clicks on a certain link there should be something monitoring this and this is what online data captures does.

 

Prep: read chapter 5 and read Tech. news

 

 

 

Amazon Business Model

 

 

 

Amazon       aggregation                 ecommerce     advertising

 

 

 

Different Business Models

 

 

Amazon – aggregator

NYT – content providers

Red Cross – fund raiser

eBay – Marketplace

Staples – multichannel

Kazaa – Open source

 

 

 

Revenue Models

 

  • Internet access

 

  • Advertising

 

 

What makes the internet unique?

 

Interactive

 

Information-based

 

Entertainment

 

Involvement in the process

 

 

 

What do you want to do with customers?

 

Acquire

 

Turn

 

Retain

 

 

 

How to get customers?

 

Testimonials

 

 

Critical Strategy Elements From Direct-Response Perspective

 

The Offer – a call to action

 

The e-mail list -

 

The Service & Support

 

The Creative Execution

 

The Media

 

 

Front End Vs. Back end

 

 

Customer lifetime Value – loyalty,

 

Switching costs -

 

 

Important chart for texting – “The Testing Process”  table 4.4que s

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