Page 260 - Foundations of Marketing
P. 260

O B J E C T I V E S

                                   1.  Describe the growths                     Digital Marketing and
                          and benefits of digital
                          marketing.                                        Social Networking
                          2.  Learn how types of
                           consumer-generated
                            marketing and digital
                          media can be used as
                          effective marketing tools.
                          3.  Understand the changing
                          digital media behaviors of
                          consumers.
                          4.  Understand and identify
                          how digital media can be
                          used in an e-marketing
                          strategy.
                          5.  Identify legal and ethi-
                          cal considerations in                                                  © iStockphoto.com/Little_Desire
                          digital media and electronic
                          marketing.





                                                          M A R K E T I N G   I N S I G H T S


                                                      Generating the Power of Twitter


                                                 Is it possible for a successful digital marketing   helped re-tweet and reply to promote the broadcast
                         campaign to consist of     140     characters? These days   and concert. PepsiCo was therefore able to use con-
                       the answer seems to be yes. Twitter has become      sumers to market its digital promotion. The positive
                       a highly successful digital marketing medium for    results Pepsi received made it rethink how it was
                         multiple corporations.                            allocating its marketing budget.
                              Twitter provides an interactive platform that has       Twitter has also been beneficial to television and
                       created an opening for companies to connect with    film companies. For example, users are interacting
                       consumers. Many companies are using Twitter to      with other users to review movies in opening weeks.
                       market their brands, which is essential when  trying   Because consumer recommendations are often
                       to establish a positive association with  consumers.   more trusted than corporate promotions, Twitter
                       The results Twitter has produced have caught        reviews have heavily influenced users’ choices.
                       the eye of numerous global corporations, such as    Positive tweets have generated more profits for
                       PepsiCo, Procter & Gamble, and Verizon.             box offices, while negative tweets have hindered
                              For example, to promote a massive rebranding     weekend box office openings by suggesting that
                       campaign, PepsiCo recently tied itself to musical   people wait until it comes to DVD. It is evident that
                       artists and used their appeal toward today’s youth.   this social media outlet has prominent vocal power
                       The company used its Twitter page to live stream a   that companies should consider in their digital
                                                                                                1
                       concert within a tweet. As users saw the tweet they     marketing campaigns.



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