Cover image for Marketing and the internet
Title:
Marketing and the internet
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Publication Information:
Upper Saddle River, NJ : Prentice Hall, 2001
ISBN:
9780130169754

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30000004879395 HF5415.1265 C68 2001 Open Access Book Book
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30000004376855 HF5415.1265 C68 2001 Open Access Book Book
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Summary

Summary

Integrating marketing theory with Internet reality, this book helps readers develop the skills necessary to understand and integrate Internet technology and characteristics into marketing strategy. It helps them recognize and understand the implications of the Internet not only as a marketplace, but also as a set of tools and opportunities for conducting a wide variety of marketing activities that do not involve product-related transactions (e.g., marketing research, customer service). Includes real-world examples. KEY TOPICS: The Nature of the Internet Influence on the Marketing Environment. A Framework for Understanding Marketing and the Internet. Consumers and the Internet Environment. Marketers and the Internet Environment. Technology and the Internet Environment. Policymakers and the Internet Environment. Strategic Marketing Planning with the Internet. Marketing Research and the Internet. The Internet as Content: Digital and Physical Products. The Internet as Channel: Aspects of Distribution. The Internet as Communication: A Computer-Mediated Medium. Business-to-Business Marketing with the Internet. Managing the Internet: Decision Support Tools. MARKET: For anyone doing business on the Internet.


Author Notes

Eloise Coupey is an Associate Professor of Marketing at Virginia Tech


Table of Contents

Prefacep. xix
Acknowledgmentsp. xxi
Section 1 Developing a Conceptual Framework for Marketing and the Internet
Chapter 1 Introduction to Marketing and the Internetp. 3
Why Marketing and the Internet?p. 4
An Abbreviated Historyp. 4
Mass Communication and Demandp. 5
From an Industrial Economy to a Digital Economyp. 6
The Internet as Just Another Technologyp. 7
What Is the Internet?p. 8
What Is Different About Marketing With the Internet?p. 8
Technological Characteristics of the Internetp. 10
The Internet's Historyp. 10
Integrating People and Technology: The Rise of the World Wide Webp. 11
Integrating Marketing and the Internet: Old Concepts, New Opportunitiesp. 14
Marketing Efforts and Electronic Commercep. 17
Origins of Electronic Commercep. 17
The Changing Face of Electronic Commercep. 18
About This Bookp. 18
Sections of the Bookp. 18
Learning Toolsp. 19
Chapter Summaryp. 19
Review Sectionp. 20
Key Termsp. 20
Review Questionsp. 20
Thinking Pointsp. 20
Suggested Readingsp. 21
Chapter 2 A Framework for Integrating Marketing and the Internetp. 22
Why Do We Need a Framework?p. 23
Framework Objectivesp. 24
The Framework's Basic Premisep. 24
Marketing as Exchangep. 24
The General Frameworkp. 25
Marketers and Consumers: The Central Exchange Contextp. 27
Policy and the Marketing Environmentp. 28
Technology and the Marketing Environmentp. 29
Relationships as Vehicles for Exchangep. 30
Relationships 101p. 30
What Is Exchanged?p. 32
Resources as the Bases for Exchangep. 33
Resource Theory and Exchange Processesp. 34
Resource Theory and the Internetp. 35
Resource Theory and Marketing Opportunity on the Internetp. 37
Chapter Summaryp. 38
Combining Resources and Relationships: Looking Aheadp. 39
Review Sectionp. 39
Key Termsp. 39
Review Questionsp. 39
Thinking Pointsp. 40
Suggested Readingsp. 40
Section 2 The Framework in Depth: Perspectives on Marketing and the Internet
Chapter 3 Consumers and the Internet Environmentp. 43
Describing Online Consumer Behaviorp. 45
Descriptive Research and Internet-Related Consumptionp. 46
Understanding Online Consumer Behaviorp. 48
Resources in the Internet Environmentp. 49
Money as a Resource: Getting It, Transferring It, Using Itp. 50
Information as an Online Resourcep. 53
Getting the Goods Via the Internetp. 60
Services and the Internetp. 63
Status as a Resourcep. 66
Love as a Resourcep. 69
Chapter Summaryp. 71
Review Sectionp. 71
Key Termsp. 71
Review Questionsp. 72
Thinking Pointsp. 72
Suggested Readingsp. 73
Chapter 4 Marketers and the Internet Environmentp. 74
Marketers in the Marketspacep. 75
A Company Focusp. 75
A Product Focusp. 76
A Customer Focusp. 76
Describing the Company and Internet Interactionp. 78
Understanding the Internet's Influence on Marketingp. 79
Effects of the Internet Environmentp. 80
Facilitating Capabilities of the Internetp. 82
Challenges of the Internet Environmentp. 83
Environmental Effects on Company Structure and Functionp. 84
Environmental Effects on Channel Structure and Powerp. 86
Environmental Effects on Competitive Activityp. 86
Environmental Effects on Consumer Acquisition and Retentionp. 87
Environmental Effects on Market Conditionsp. 88
Responding to Challenge: Opportunities in Marketspacep. 89
Strategic Objectives and the Internet Environmentp. 89
Strategic Objectives and Consumers' Resource Goalsp. 90
Chapter Summaryp. 94
Looking Aheadp. 94
Review Sectionp. 95
Key Termsp. 95
Review Questionsp. 95
Thinking Pointsp. 95
Suggested Readingsp. 96
Chapter 5 Technology and the Internet Environmentp. 97
The Technology That Makes the Internet Possiblep. 99
What Is a Network?p. 99
A Network of Networksp. 100
Internet Technologies as a Channelp. 102
The User at the End of the Channelp. 103
Access to Computer Communicationsp. 104
The Outside Worldp. 105
A Unified Channel Structurep. 106
Channel Effects on Relationshipsp. 106
Technology and the Central Exchange Environmentp. 107
The Technology and Marketer Relationshipp. 112
The Technology and Consumer Relationshipp. 113
Technology and Securityp. 114
Chapter Summaryp. 115
Review Sectionp. 116
Key Termsp. 116
Review Questionsp. 116
Thinking Pointsp. 116
Suggested Readingsp. 117
Chapter 6 Public Policy and the Internet Environmentp. 118
Government and Regulatory Policyp. 119
Aspects of Government Policyp. 119
Agencies and Their Activitiesp. 120
Brief History of Public Policyp. 123
Timeline of Regulationp. 123
Applying Policy to the Internetp. 124
The Issue of Universal Accessp. 126
Information Use and Internet Regulationp. 127
Policy and Exchange Relationships in the Internet Environmentp. 130
Issues of Market Functionp. 130
Issues of Consumer Protectionp. 134
Chapter Summaryp. 140
Review Sectionp. 140
Key Termsp. 140
Review Questionsp. 141
Thinking Pointsp. 141
Suggested Readingsp. 142
Section 3 Integrating the Perspectives: the Internet as a Marketing Environment
Chapter 7 The Internet's Influence on the Marketing Environmentp. 145
The Caveats of Change and Constraintp. 146
Key Forces in a Changing Marketing Environmentp. 146
A Population Ecology Approach to the Marketing Environmentp. 146
Population Ecology and Competition in Marketsp. 150
Competition, Niches, and the Internet Ecologyp. 152
Characteristics of the Internet Ecologyp. 155
From Marketplace to Marketspacep. 156
An Evolving Market Structures Perspectivep. 158
The Internet Ecology and the Value Chainp. 158
Two Types of Market Structuresp. 159
Chapter Summaryp. 161
Review Sectionp. 162
Key Termsp. 162
Review Questionsp. 162
Thinking Pointsp. 162
Suggested Readingsp. 163
Chapter 8 The Internet and Marketing Planningp. 164
Types of Planning: An Overviewp. 166
What is Strategic Planning?p. 166
From Strategic Planning to Marketing Planningp. 167
Marketing Planning in Depthp. 168
Defining Opportunities: What Should We Do?p. 169
Leveraging Resources: How Should We Do It?p. 170
Internet Effects on Strategy Development: Planningp. 172
The Internet Affects Motivation for Planningp. 172
The Internet Affects Processes for Planningp. 173
The Internet Affects Outcomes of Planningp. 173
Internet Effects on Strategy Implementation: Marketing Actionp. 174
The Internet and Strategic Objectivesp. 174
Chapter Summaryp. 185
Review Sectionp. 186
Key Termsp. 186
Review Questionsp. 186
Thinking Pointsp. 186
Suggested Readingsp. 187
Section 4 Applying the Framework: Marketing Action in the Internet Environment
Chapter 9 The Internet and Marketing Researchp. 191
The Internet and Research Performance: Three Benefitsp. 192
The Internet and Information Acquisitionp. 193
The Internet and Information Organizationp. 193
The Internet and Information Usep. 193
Stages in the Marketing Research Processp. 196
Problem Definitionp. 196
Designing the Research Plan and Procedurep. 198
Gathering Datap. 198
Combining and Interpreting Datap. 199
Drawing Conclusions and Delivering Insightsp. 199
The Internet as a Data Resourcep. 200
A Framework for Describing Datap. 201
Internet-Based Sources of Data About Consumersp. 204
The Respondent as a Data Sourcep. 204
The Researcher as a Data Sourcep. 207
The Recorder (in the Past) as a Data Sourcep. 208
Internet-Based Sources of Data About Competitionp. 212
The Company as a Respondent Data Sourcep. 212
The Marketing Researcher as a Data Sourcep. 212
Previously Recorded Information as a Data Sourcep. 213
Cautions for Internet-Based Researchp. 214
Information Relevance in Marketing Researchp. 214
Time Constraints on Information Usep. 215
Market Research for Hirep. 215
Chapter Summaryp. 216
Review Sectionp. 216
Key Termsp. 216
Review Questionsp. 217
Thinking Pointsp. 217
Suggested Readingsp. 218
Chapter 10 The Internet as a Content Resourcep. 219
Sources of Content: People as Publishersp. 220
Internal Sources of Contentp. 220
External Sources of Contentp. 221
Types of Content: The Role of Technologyp. 224
Multimedia Types of Contentp. 224
Types of Interactive Contentp. 227
Purposes of Content: Implications for the Marketing Mixp. 228
Content and Productp. 229
Content and Pricep. 231
Content and Placep. 232
Content and Promotionp. 233
Cautions for Contentp. 235
Consumer Issuesp. 235
Marketer Issuesp. 237
Policy Issuesp. 239
Technology Issuesp. 241
Chapter Summaryp. 242
Review Sectionp. 243
Key Termsp. 243
Review Questionsp. 243
Thinking Pointsp. 244
Suggested Readingsp. 244
Chapter 11 The Internet as a Channel Resourcep. 245
Channels of Distribution: A Brief Primerp. 247
Who Distributes? Types of Channel Membersp. 247
What Is Distributed? Types of Flowsp. 249
Channels as Relationshipsp. 249
The Internet's Impact on Aspects of Channel Strategyp. 251
Establishing Distribution Objectives: Distribution Flowsp. 251
The Internet and Channel Structurep. 252
Internet Issues for Channel Structurep. 255
Channel Management: Internet Effects on Channel Member Relationshipsp. 257
Channel Management and Performancep. 259
Mix Implications of the Internet as Channel Resourcep. 260
Effects on Product Strategyp. 260
Effects on Price Strategyp. 262
Effects on Place Strategyp. 262
Effects on Promotion Strategyp. 263
Cautions for Using the Internet as a Channel Resourcep. 263
Marketer Issuesp. 263
Consumer Issuesp. 265
Policy Issuesp. 265
Technology Issuesp. 265
Chapter Summaryp. 266
Review Sectionp. 267
Key Termsp. 267
Review Questionsp. 268
Thinking Pointsp. 268
Suggested Pointsp. 269
Chapter 12 The Internet as a Communications Resourcep. 270
The Internet as a Resource for Communicationp. 272
Characterizing Communicationp. 272
Interactivity and Marketing Communicationp. 273
Marketing Mix Implications of the Internet as a Communications Resourcep. 278
Communication and Product Developmentp. 278
Communication and Price Strategyp. 281
Communication and Distribution Strategyp. 283
Communication and Promotion Strategyp. 284
Issues for Perspectives in the Marketspacep. 291
Marketers and Marketing Communicationp. 292
Consumers and Marketing Communicationp. 292
Policy Makers and Marketing Communicationp. 293
Technology Developers and Marketing Communicationp. 294
Chapter Summaryp. 295
Review Sectionp. 296
Key Termsp. 296
Review Questionsp. 296
Thinking Pointsp. 297
Suggested Readingsp. 297
Section 5 Extending the Framework Over Time: Exchange Relationships in the Internet Environment
Chapter 13 Business-to-Business Exchanges and the Internetp. 300
Differences Between Business-to-Business and Business-to-Consumer Exchangesp. 303
Difference in the Targeted Customerp. 303
Difference in the Nature of Demandp. 303
Differences in Exchange-Related Processesp. 304
Describing Online Business-to-Business Activityp. 304
Online B2B Demographicsp. 305
The Internet and Components of Business-to-Business Exchangep. 305
Purposes of B2B Exchangesp. 306
B2B Exchange Processesp. 307
B2B Exchange Participantsp. 311
Chapter Summaryp. 318
Review Sectionp. 319
Key Termsp. 319
Review Questionsp. 320
Thinking Pointsp. 320
Suggested Readingsp. 321
Chapter 14 Fostering Relational Exchange With the Internetp. 322
The Increasing Importance of Relationshipsp. 324
Shifts in Perspectives on Exchangep. 324
A Continuum of Relational Exchangep. 327
Implications of the Continuum for Marketing and the Internetp. 328
Assessing the Value of Relational Exchangep. 329
Building Business-to-Consumer Relationships With the Internetp. 331
Prepurchase: Search and Satisfactionp. 331
Purchase: Transactions and Trustp. 334
Post-Purchase: Complaints and Commitmentp. 337
Building Business-to-Business Relationships With the Internetp. 341
Classifying B2B Relationshipsp. 342
Internet Implications for B2B Relational Exchangep. 343
Relational Exchange: Beyond Marketingp. 347
Chapter Summaryp. 347
Review Sectionp. 348
Key Termsp. 348
Review Questionsp. 348
Thinking Pointsp. 349
Suggested Readingsp. 350
Bibliographyp. 351
Indexp. 357