Wednesday, October 9, 2019
How does Zillow.com fulfill these drivers of the internet economy Essay
How does Zillow.com fulfill these drivers of the internet economy - Essay Example 4. People are the key aspects of Internet marketing. Indeed, the people are the primary targets of internet marketing and it can be observed that the messages are designed to appeal to the interests of the people. 6. Marketers can be 1-1 with customers. The marketers and the consumers can interact directly through specially created websites. The marketers can also respond to customer queries and they can also give feedback to the clients. 7. Demand can be better predicted. The rate of internet usage such as daily visits to a certain page by the customers determines the level of demand. An increase in the number of internet users means that demand of a certain product or service can be predicted. 8. Cost patterns change because switching patterns are low. If the switching patterns are low, the cost patterns are likely to increase as a result of the fact that the customers are not shopping around. 9. Customers have power in information rich channels. The customers have the power to make their own decisions without being manipulated by the marketers. They can consume the information in private and can make independent decisions. 10. Information economy is characterized by choice. The customers have the opportunity to choose what they want from a list of products and services provided in the database of the company. This database can hold large volumes of
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