There can be little doubt about the profound impact that the
Internet has had on all aspects of business over the past decade.
Indeed, it is now widely accepted that we have entered a new and
even more revolutionary phase in the development of the Net as a
global marketing and communications platform; a phase characterised
by information pull rather than push, user-generated content,
openness, sharing, collaboration, interaction, communities, and
social networking. New generation Web-based communities and hosted
applications are beginning to have a major impact on customer
behaviour across a diverse range of industries. These new
applications represent a fundamental change in the way people use
the Internet, their online expectations, and experiences.
From a marketing perspective, the most distinctive feature is
not the technology involved but rather the growth of a new global
culture a Net generation culture based on decentralised authority
rather than hierarchy and control, online socialising and
collaboration, user-generated and distributed content, open
communications, peer-to-peer sharing, and global participation.
Success in this new online environment, characterised by people and
network empowerment, requires new mindsets and innovative
approaches to marketing, customer, and network relationships.
This book makes a valuable contribution to the field by
examining recent and future developments in online marketing,
including the revolutionary impact of new media. Chapters cover a
wide range of topics, including: information exchange on bulletin
board systems and in online consumer portals; Web 2.0 and New-Wave
Globals; online tribal marketing; co-creation; industry impact;
privacy issues; online advertising effectiveness; and practitioner
prognostics for the future of online marketing.
This book was originally published as a special issue of the
Journal of Marketing Management.
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