PAPER: ASSIGNMENT Introduction The Internet has greatly revolutionised the core dynamics of international business and marketing world and, like the advanced telephone and fax machine, may be a significant factors in the democratisation of capitalism. Smaller scale organisations will be capable of enteringmore easily the international marketplace, and especially the consumers in emerging markets will take advantage of the expanded variety of products, services, and information to which the Internet will provide them access. As far as the multinational organisations are concerned, they would adopt strategies to attain fast increases in growth by means of advanced technologies, especially the Internet. This rapid growth was followed by issues related to effective andprofessional techniques of getting these new markets. In addition to the fast development in the Internet technology,principles of communications also have changed and greatly affected the modern-day business and marketing world. Internet provides among other advanced technologies provides a fundamentally very different environment for internationalmarketing. More and more organisations will have more liberty to find a product or service where it can best beproduced, instead of near its market. Moreover, the conventional concepts of distance and location, which have usually developed mixing andseparation, will be absolutely transformed due to the rapid innovations in the technological world which are speedily diffusing. Advanced technologies and ever-changing marketing communication developed new and innovative market placefor end-users. Now, they can shop through internet more conveniently whichsaves their precious time. It is a fact that Internet among other advanced technologies has revolutionised the dynamics of marketing communications.Much like the commencement of radio, television and telephone affected the international marketing several years ago; now theInternet is turning the past methods of marketing on their heads and re-forming the business’ environmental site. It has been shown by experience that there will be victors and losers in the centre of these transformations, but wecan stay on top by ensuring our endeavours in the field of Online Marketing and Advertising. Objective Page | 2 This is a critical review of the role of the Internet in International Marketing. In this regard, this paper is going to prepare a critical review of the literature about the role of the Internet and to demonstrate how the literature is confirmed or disconfirmed by practice. Internet Marketing In this era, there are many researchers and scholarly figures that have been facilitated with wide-ranging information associated with internet marketing, its advantages andcontributing role in the development of country and its business organisations. Internet marketing refers to promotion of products and services over internet or digital marketing by which organisations can target their market beyond the boundary of a country(Hammond, 2001). Moreover, Hammond(2001) defined internet marketing as “web marketing”. Web marketing integrates computer system as a way of communication with the intention of attaining the core marketing objectives along with to advertise the product or service by means of advanced wireless platforms of media. Moreover, a more diverse environment is provided by the internet for the development of business along with international marketing. In fact, internet refers to the network which includes various interweaved computer systems. This network operatesall around the globe on the typical protocol and such protocol helps in flowing and transferring the information/data between the linkedcomputer systems. Internet Marketing and Theoretical Model In past, when the internet was first introduced in the world and when it was not so popular, organisations were confused to employ this technology would be successful or not (Villanueva, Yoo and Hanssens, 2008). Now, if organisations do not employ internet, they find their business left behind with fast changing digital marketing (Villanueva, Yoo and Hanssens, 2008). In past, online marketing was not feasible for underdeveloped parts of the world because of unavailability of this technology. However, at present with the fast development of technology, it has become feasible for organisations to best exploit the internet for marketing purpose. Gommans, Scheffold and Krishnan (2001) presented a theoretical model and according to this, e-loyalty and brand recognition develop different approaches including attention on traditional product system, vendor controlled, and much more, into a consumer driven, distribution prone and technology knowledge concept. Moreover, the argument of Wang (2008) is that programmes related to customer loyalty or e-loyalty are dependent heavily on Page | 3 the customer services, which is a method to distinguis
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