Preview

E-Marketing Strategy of Hamrobazar.Com

Good Essays
Open Document
Open Document
2155 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
E-Marketing Strategy of Hamrobazar.Com
Background:

Considering the current volume of internet marketing business, it’s hard to believe how young the internet marketplace is. While the timeline of internet marketing has been short, the cumulative events leading up to where we are now have impacted the entire globe faster than any marketing revolution in history. Today, it’s hard to believe in having an organization which doesn’t have some kind of online presence. When the internet was first introduced in the early 90s, the internet was treated as a tool for exchanging emails and digital information, but wasn’t yet considered valuable for reaching customers. Soon, companies which had been spending huge chunks of their marketing budget on offline list building, begin to realize that they could accomplish the same thing via email and for much less.

Whatever the case may be, Nepal is still in the early phase of e-marketing and e-commerce. Only few people have access to internet, among those, very few use internet for business purpose. Most of the people who have web access are keeping themselves busy on social networking sites. But the positive aspect is that the number of people realizing and using internet as an e-commerce are continuously increasing.

Human behavior and natures are so dynamic. We constantly want to change and our likes and preferences changes with time, trend and technology. Realizing this nature of human being and large increment in the number of internet users in Nepal, the founder of hamrobazar.com saw an opportunity and founded hamrobazar.com seven years ago. Hamrobazar.com is free online site which enables individuals as well as companies to sell wide variety of new or used product online. Hamrobazar.com is a site that has created a platform where both seller and buyers can interact with each other to buy and sell products and services.

Company Profile:

|Sector: |Services

You May Also Find These Documents Helpful

  • Good Essays

    The internet is a medium that can help the marketing process. Not only does it help it adjusts and reforms what businesses can do. However , before looking at the distinctive features of internet marketing , it is necessary to have some grasp of traditional marketing principles and processes in the physical world.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The new generation of customers of an organisation prefer to get the information through the online sources as it is more convenient and more customised information. The proportion of online marketing is cautiously going up with the passage of time as the computer literature and internet facilities are increasing.…

    • 11193 Words
    • 45 Pages
    Powerful Essays
  • Powerful Essays

    As time proves, Internet users are rapidly increasing, the internet links everyone on the world together. Besides, more and more are feeling comfortable buying through Internet…

    • 4559 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Unit 12 Assingment Brief

    • 2821 Words
    • 12 Pages

    Internet marketing therefore, is about the use of the internet in achieving marketing success rather than being about the technology itself. As customers demand more from digital technologies, the technologists themselves are integrating functions and making it easier for more customers to take part.…

    • 2821 Words
    • 12 Pages
    Good Essays
  • Best Essays

    EE Report FINAL

    • 7677 Words
    • 18 Pages

    Markova, P., Vanessa, P., & Jarmila, S. (2011). The Internet and integrated marketing communications. Annals of DAAAM & Proceedings, 271-272.…

    • 7677 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Internet marketing refers to the application of marketing principles and techniques via electronic media and more specifically the internet. The purpose of this unit is to develop learner understanding of, and skills in, the use of the complex interactive digital media which comprise the tools of internet marketing. This area of study is subject to rapid rates of change with an immense array of continually developing technology converging and impacting on how e-business operates.…

    • 4114 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Peter Drucker defined the marketing concepts as “the business as seen from the customer‟s point of view.” Keating & Hafner [68] initiated that business models can be applied to libraries; they draw analogies from business by substituting “library” for “corporation and “user” for “customer”. The e-Business domain is being employed extensively in government, library, and non-profit diverse organizations lately. Constantinides (2002) [69] proposed the Web-Marketing Mix (WMM) model to identify the online marketing critical elements and addresses the E-Commerce strategic, operational, organizational and technical issues by: Scope, Site, Synergy and System (4S). The scope identifies the strategic and operational objectives to be addressed. The site proposes a method for drafting realistic and consistent Web marketing plans in order to develop the functional platform of communication, interaction, and transaction with the web customers. The synergy refers to the necessary organization, infrastructure, human resource and knowledge for supporting smooth online operational processes. The system identifies main technological and administrative issues that will underpin online marketing activities.…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Swot Playstation

    • 2641 Words
    • 11 Pages

    Nowadays the competitive market situation forces companies to promote their organisations with a suitable online presence in order to attract customers as well as to keep them. The strategy of an e-marketing plan has become a necessary part of the marketing mix. A well-structured and user-friendly online appearance reflects the identity of a successful company and its products. Thus, e-marketing has to be combined with the classic marketing tools in order to develop an effective marketing strategy.…

    • 2641 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    The internet has become a necessary element of human being’s daily life. It is also a significant channel to do business in modern society. Due to advantages of internet business, the transactions have become easier than before. According to the analysis of “Pure-Play” internet business model and “Bricks-and-Clicks” business model, both of these two models have their characteristics. And the “Bricks-and-Clicks” model is more successful. However, there are several problems in the operation. With a number of ways, the problems could be dealt with perfectly. In a nutshell, internet business has become an important tool for the business transactions. And more and more enterprises and customers will be involved in e-commerce.…

    • 2563 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Strategy and E-Commerce Introduction With the rapidly advancing technologies that are occurring in modern business, organisations are required to be ready, and able to adapt within their ever-changing environment. It is true across all diverse industries that in order to stay competitive, organisations must be able to utilise the various tools that technology has to offer. Technological factors have been of growing importance, particularly in recent years. A major factor involved in these technology issues is the use of the Internet as a major issue to modern organisations. The Internet has been rapidly growing since it's inception and is now commonly used in all sectors of societies, in all corners of the globe. The Internet has quickly become one of the most valuable assets in modern technology, and as such, is developing as an integral part of modern commerce. As with past technologies, the Internet will have future technological advances develop from its own growth. The task the organisations of in the new century? Realise future opportunities and threats, and base a strategy accordingly. "Is it cliché to say that 'the Internet changes everything': the challenge now is to say what, how and how quickly". (When Companies Connect, 1999, p.19) The Internet has lead to the birth and evolution of electronic commerce or E-commerce. E-commerce has now become a key component of many organisations in the daily running of their business. Simply defined, "electronic commerce is a system of online shopping and information retrieval accessed through networks of personal computers". (Reedy, J. Schullo, S. Zimmerman, K. 2000, pg. 29) E-commerce challenges traditional organisational practices, and opens ups a vast array of issues that the organisations must address. By focusing on the varying levels of an organisation, it soon become apparent the effects that E-commerce can have. An understanding of the implication E-commerce has on…

    • 4632 Words
    • 19 Pages
    Powerful Essays
  • Best Essays

    The Internet has created some unique challenges to both local and global economies. Although the Internet has experienced some setbacks, the business opportunities contained therein as well as the volume of daily transactions are too significant for economists and businesses to ignore. In today's global economy, the Internet is an effective way to market goods and services for many companies. As the commercial landscape continues to change, the Internet provides a direct connection between international and U.S. businesses. This connection shortens the communication gap between companies and provides a forum for daily negotiations. This dynamic effect on commerce has had a direct impact on the marketing strategies used to promote growth and business development into existing and new markets as well.…

    • 4637 Words
    • 19 Pages
    Best Essays
  • Good Essays

    The tremendous growth and development of technological advancement has been the driving force of the market nowadays. The diffusion of the internet has revolutionized the business arena. The use of the Internet is changing high-tech marketing overnight while different industries have been trying to utilise it as part of their marketing approach. It does not only reconfigured the way different firms do business and the way the consumers buy goods and services but it also become instrumental in transforming the value chain from manufacturers to retailers to consumers, creating a new retail distribution channel (Donthu and Garcia, 1999).…

    • 843 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The Internet has brought media to a global audience. The interactive nature of Internet marketing in terms of providing instant response and eliciting responses is a unique quality of the medium. Internet marketing is sometimes considered to have a broader scope because it not only refers to the Internet, e-mail, and wireless media, but it includes management of digital customer data and electronic customer relationship management (ECRM) systems.…

    • 3397 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Millions of websites and billions of web pages - marketing on the Internet is increasingly becoming more and more complicated. Business people worldwide are groping for strategies that would ensure regular and targeted traffic flow to their websites. However, just like the brick and mortar physical world of business, internet marketing or web promotions are a strategic mix of various promotional tools and techniques. Together (and if used correctly), this marketing mix offers a simple way out of the web promotions maze.…

    • 4459 Words
    • 18 Pages
    Better Essays
  • Powerful Essays

    Internet and its Role

    • 2197 Words
    • 9 Pages

    In assembling this report, it is focused analyses on the five basic elements to create a coherent message. First, we wanted vision to inspire and challenge us to think about technology, development, and their relation-ship, in new ways. Second, we wanted to better understand how internet technology stands and its overall history in Bangladesh. Third, how it is affecting the socio economic development in the country. Fourth, how crucial role the electronic publication through internet is generating and its significance and resulting true benefits in the society. Fifth, where the internet technology stands from now to next ten years and how it may change or affect the actual social and economic aspects. These include enabling the creation of relevant knowledge on the Internet and the acquisition of the necessary skills and capabilities to use the technology in a way that is compatible with the local culture.…

    • 2197 Words
    • 9 Pages
    Powerful Essays