Hello Readers,
The purpose of this post is to introduce the major topics that have been discussed throughout the classes of Internet Marketing at Laurentian University.
Myself and my team members encourage any insight and feedback regarding these topics and look forward to discussing them with everyone.
In addition, because this blog has been created mainly to discuss Search Engine Optimization, it would be very much appreciated to hear from individuals that possess knowledge of this topic.
Since the start of the Internet Marketing course we have discussed such major topics as Networks and Networking, Becoming Digital, Web Individualization, and Web Business Models. I have created a quick summarization of these topics for anyone that may not understand what these topics entail.
Networks and Networking:
The main focus of this topic is to understand the nature of the Internet's content and its most widely used tools including email, instant messaging and of course, blogging. Networks have a very strong influence on internet marketing, and knowing the value of a network is extremely important. In addition, understanding how Virtual Value Activities can turn large quantities of online information into valuable marketing tools. Networks are a social technology and for internet marketers they imply ubiquity, expectations, sharing, and specialization. Developments such as Instant Messaging and text messaging have helped create a new frontier for internet marketers.
Being or Becoming Digital:
In its most basic form, being digital is defined as when all of somethings properties and information is stored as a string of zeroes and ones. That being stated, everything on the internet is digital. The falling cost of digital technology is said to be one of the most major forces in the modern economy. To better understand this concept, we can refer to Moore's Law, created by Gordon Moore the co-founder of Intel which states: Each new generation of chips (microchips), packs 2x components into the same surface area to create 2x power. Computer speeds have increased by 75 billions times since the 1970's, while costs of technology and storage has continued to decline sharply. Digital environments are procedural, spatial, participatory, and encyclopedic. All of these properties help create opportunities for internet marketers.
Individualization:
When discussing the topic of individualization, we must comprehend the importance its ability to profoundly change the way companies and consumers interact. Another key aspect surrounds the privacy concerns in marketing efforts. Understanding emerging patterns of individual-level Internet use, and the trend lines that are affected by demographics. More online interactions means more Internet Marketing opportunities to the individual. Web sites and online systems are now processing individual data and anticipating future usage.
Web Business Models:
I will be discussing this topic in my next upcoming post because I know that this has been a lot to read so far and I have to go to class:)
As mentioned previously, we look forward to any feedback regarding these topics as well as fututre topics to be discussed.
Cheers! AB