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Background of The impact of digital marketing on modern world business

Category: Marketing Paper Type: Report Writing Reference: APA Words: 850

In the 1990s, the term digital marketing was first introduced but the roots of digital marketing were in mid of 1980s. The first introduction of digital marketing was done by SoftAd group and ChannelNet that developed campaigns for the automobile companies. The feedback of customers is done by the cards of magazines, floppy disks, multimedia content and promotion of services (Ignitevisibility. com, 2019). The digital took off for the marketing use information that is allowed to share over the web. In 1993, the first clickable banner was introduced and after some time the HotWired advertisement method was used. The method improved the digital era of marketing. In 1994, the gradual shift was observed for new technologies and in the same year, Yahoo services were introduced in the market. In 1996, the ranking of search engines as well as tools including Alexa, HotBot, and LookSmart was increased. In 1998, Google was introduced with Microsoft MSN search engine. During the 2000s the digital marketing became more prominent by the proliferation of devices, capability, and asses to the digital media. The digital marketing world faced a steep surge in 2006. In 2004, internet marketing and an advertisement were brought to $2.9 billion. Social networking sites were then merged and MySpace was the first social network (Monnappa, 2019; Webber, 2013). After that Facebook opened the doors of opportunities for the brands, business, and product marketing. In 2004, internet marketing and internet advertisement generated almost $3 billion. The owners of social media and Google had released AdSense services that provide opportunities to the publishers and business owners to monetize the product. In 2005, the important milestone of digital marketing was reached in the form of YouTube. In 2006, the sales of Amazon reached $10 billion marks (Dahnil, Mizal, Langgat, & Fabeil, 2014). After that, Twitter was launched as another important channel of social media. One year after that Tumblr was launched and it became a marketing source. The advertisement strategy was used to generate the digital content for the customers. In 2010, the digital advertisement was improved, and growth led to the high advertisement. Digital marketing is often related to internet marketing, online marketing, and web marketing (Pourkhani, Abdipour, Baher, & Moslehpour, 2019). The digital marketing term shows the popularity of companies and product in certain countries. During 2011, the social media channel appeared as google+, Facebook, and Twitter that play an important role in digital marketing. After the year 2013, USA online marketing becomes prevalent through web marketing and in UK digital marketing become more common term. According to the recent analysis, in the world, more than 170 million users use social media with working professionals for digital marketing. During 2014, the advertisement strategy used the latest technology known as accelerated mobile pages (AMP) (Swati, Anantwar, & Bagde, 2012). The social media usage increased for the digital marketing of product and according to the statistical analysis of online activities of American it was observed that average American spends 37 minutes on social media. In these users, 99% of digital marketers use Facebook, 69% use Pinterest, 97% use Twitter, 70% use B2C marketing, 59% use Instagram, and 67% use Twitter. The users show 83.8% of the luxury brand. The top three social networking sites that are mostly used by marketers for digital marketing are Facebook, Twitter, and LinkedIn (Smits & Mogos, 2019). Social media marketing is affecting the new business practices that involve the services, ideas, information, marketing of goods, and business through social marketing. Social media marketing allows SMEs to deliver the services under the proper information through the web-based technologies, leverage mobiles, data manipulation, brand popularity, and financial investment of SMEs (Dahnil, Mizal, Langgat, & Fabeil, 2014)

References of Background of The impact of digital marketing on modern world business

Dahnil, M., Mizal, K., Langgat, J., & Fabeil, N. F. (2014). Factors Influencing SMEs Adoption of Social Media Marketing. Procedia - Social and Behavioral Sciences, 148(01), 119-126.

Ignitevisibility. com. (2019). WHAT IS DIGITAL MARKETING? (FULL HISTORY) . Retrieved from ignitevisibility.com: https://ignitevisibility.com/what-is-digital-marketing/

Localmarketlaunch. com. (2018, 05 24). 5 ways technology can improve your business. Retrieved from www.localmarketlaunch.com: https://www.localmarketlaunch.com/business/5-ways-technology-can-improve-your-business/

Monnappa, A. (2019, 11 21). The History and Evolution of Digital Marketing. Retrieved from www.simplilearn.com: https://www.simplilearn.com/history-and-evolution-of-digital-marketing-article

Pingler. com. (2016, 09 09). How Social media can improve business performance. Retrieved from pingler.com: https://pingler.com/blog/how-social-media-can-improve-business-performance/

Pourkhani, A., Abdipour, K., Baher, B., & Moslehpour, M. (2019). The impact of social media in business growth and performance: A scientometrics analysis. International Journal of Data and Network Science, 03(02), 223-244.

Smits, M., & Mogos, S. (2019). THE IMPACT OF SOCIAL MEDIA ON BUSINESS Performance. Proceedings of the 21st European Conference on Information Systems, 03(05), 01-10.

Swati, K., Anantwar, G., & Bagde, K. G. (2012). Data Integrity and Security in Cloud. International Journal of Advanced Research in Computer Engineering & Technology, 01(07), 80-84.

Webber, R. J. (2013). The evolution of direct, data and digital marketing. Journal of Direct Data and Digital Marketing Practice, 14(04), 291-309.

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