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Research on the Targeting and marketing of Electronic Commerce Website
of Digital Camera Products
1.Introduction
The trade value of China’s electronic commerce was 6 billion Yuan in 2001,
15 billion Yuan in 2002, 30 billion Yuan in 2003 and 40 billion Yuan in
2004. Among them, the business to business trade takes up 755,including
online sales and other agent services and so on. 50% of companies in China’s
manufacturing, financial and IT industries have already set up electronic
commerce website to conduct online sales.
Although the total amount of China’s electronic commerce websites are
growing quite rapidly, however, few of them have made a profit and have
been widely accepted by consumers. As far as the electronic commerce websites
of digital products, a rough estimation has shown that thousands of such
digital products websites have been set up, and monopolized websites of
digital products are among them. Some of these websites have now won great
fame, for instance, E-bay and Taobao websites. The trade value of these
websites each year can reach as high as hundreds of millions RMB, and
the value is still rising.
More of such digital products websites have not very high values of trade
and clicks. The writer’s analysis has shown that main reasons leading
to this result are the unknowingness of the market of electronic commerce.
The targeting of market position is not exact and people have no idea
of what the objective customers are. So that no characteristic commodities
and services have been produced to aim at these market.. The writer wishes
to conduct further research on this theme through such tools as questionnaires
and market research, real play investigation, data analysis and model
building.
In recent two years, great changes have taken place in the operation environment
of such electronic commerce websites of digital products websites. No
matter domestic market of China or overseas market are faced with fierce
competition. Exact orientation of customers is an important part for the
existence and development of electronic commerce websites. More and more,
the management of electronic commerce websites has realized that only
the full use, mining of current data and the seek of objective customers
could help realize even greater market performance. As an important ingredient
of the core competency of electronic commerce website, the determination
of target customers and the promotion of later marketing strategy could
to some extent determine future survival of electronic commerce websites.
When faced with the competition of large scale websites from advanced
electronic commerce websites of American, Japan and European transnational
companies, analysis of objective customers is always the weakest point
of electronic commerce websites. The websites of electronic commerce could
not determine the sales of products types and in what way the characteristics
of these products could be given prominence to in promotion and website
design. Online sales and one-way marketing is different in that the marketing
is conducted in two-way, so that the orientation of target market should
be on the basis of the understanding of all situations of online customers.
2.literature review
2.1Impact of electronic commerce on China’s domestic enterprises
Based on modern electronic technology and information tools, electronic
commerce has utilized the strength of information transmission and resources
shares of international network and has played a positive role in the
cost saving, information acquisition and enterprise management. In specific,
electronic commerce has brought the following aspects of positive influences.
2.1.1Reduction in the cost of corporate economic activities
With the help of modern communication technology and information tools,
electronic commerce has directly reduced the cost of corporate economic
activity. Social circulation has been speeded up and related costs have
been reduced. Based on international network, the advantages of electronic
commerce have ensured the reduction of the information communication cost.
Goods selection and purchase could be realized through the Net.
Electronic payment is also available. The achievement of real time transmission
of sales data leads to the result that only a small amount of retained
stocks could ensure the satisfaction of demand. Therefore, the funds on
the retained stocks could be reduced. In US, traditional books store have
to keep the stock amount for 160 days for the selection of the consumers.
However, Amazon only has to keep a stock amount of 15 days. Daily sales
value of Amazon is the highest in all books stores in the US. Meanwhile,
there is no need to establish retail stores for commercial organizations
so that the rentals, payment of salesmen and some other expenses would
be saved and the total commercial circulation cost would be reduced.
2.1.2Reduction in the information acquisition cost
For enterprises, the acquisition of information would be the first step
for the grab of commercial opportunities. Electronic commerce has effectively
reduced the acquisition cost of information. Modern electronic commerce
is based on World Wide Web and its characteristics are openness and common
shares of information. Through the connection to Internet, enterprises
could receive information from the Net. Theoretically, the information
of the Internet is cross-region or cross-boundary. Compared with traditional
written advertisement, fax and telephone, the cost is comparatively low.
The reduction in the cost of information acquisition could indirectly
reduce the operational cost of economic entity and could improve the operational
environment of the enterprises.
2.1.3Promotion of products innovation
2.1.4Improvement of management level and environment
2.1.5 Extension of corporate impact and the establishment of future corporate
competitive advantages
2.2 Consumption features of target customer of digital products e-business
website
2.2.1 The ages of the digital products customers group are various
2.2.2 The popularity degree of digital products is low
2..2.4 Main obstacles to the purchase of digital camera for customers(san,2004)
2.2. 5 Main influential factors on the consumption of digital products
(san,2004)
2.2.6 Perceived brand quality of homemade products rocketed
2.2.7 Brand Identity features of customers (taking digital camera as an
example)
2.2Marketing strategies aimed at the target customers of e-business website
( taking MP3 player as an example)
2.3.1 Water-proof, recording and FM is the mainstream function creation
for MP3 players in the near future.
2.3.2 Internet is the main channel for customers to obtain the product
information of MP3 players
2.3.3 Aigo, Samsung and Zarva is the top three preferred brands for customers
3.Writing objectives
4.Methodology
4.1 Qualitative analysis
4. 2 Questionnaire survey
4.2.1 Questionnaire survey
4.2.2 The advantages and disadvantages of sampling questionnaire survey
4.3 PEST analysis
4.4 SWOT analysis
4.4.1 Strength analysis
4.4.2 Weakness analysis
4.4.3 Opportunity analysis
4.4.4 Threat analysis
5.Writing progress arrangement
6.Bibliography:
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