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A Marketing
Tour of the Web
Marketing
is emerging as a central function in the dynamic, globally-oriented organization
of the 21st century. The discipline's core focus on identifying and satisfying
customers is, quite simply, the key to survival for the business organization.
Recently, however, this concentration on customer satisfaction has also
become a central tenet of the modern firm's efforts:
- to achieve a firm-wide commitment to customer service
- to implement programs of continuous improvement and
- to seek out resources and market opportunities on a global scale.
Not
surprisingly, the World Wide Web is fast becoming an indispensible tool
in this enterprise. The CIA's World Factbook is an ideal starting point
for the evaluation of foreign markets. Yankelovich, American
Demographics, Dun & Bradstreet and Nielsen are important sources
of data on demographic, social and market trends. Valuable information
on potential competitors and partners is available from company
Web sites. Governmental sources
of economic, trade, social and public policy information are readily available.
News
organizations, including CNN, National
Public Radio, CBS News and the Associated
Press, offer access to up-to-date news stories from around
the world.
Marketing
research firms help companies focus their analysis on important customers.
Some firms make survey data or information
on local markets available, while
others specialize in performing
marketing research on the Web to help marketers learn more about their
customers. The VALS studies and other
segmentation
tools are helping firms target specific customer groups.
As
companies devise marketing strategies to reach target markets, they may
use the Web to learn more about advertising
or even as an additional advertising medium.
Indeed, many firms, including banks and other service
organizations, use the Web as a direct marketing channel, an interactive
mall or as a way to identify potential business
customers globally.
The
Web can also be an effective tool for gathering feedback directly from
customers. For example, we would welcome your E-mail
comments on our Web site. Thank you for spending some of your valuable
time with us.
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