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Online Market
Segments
by Scott F. Geld
The fact is that people like to do business in
different
ways. There will always be a segment of the
population
that prefers to walk into a store and make a
purchase
rather than shop online. However, buying products
and
services online is taking off. No longer is it
just a
curiosity, but shopping online is becoming
mainstream. As
consumers spend more time online, wise marketers
are
spending more of their advertising budget online.
They
understand and know who their audience is. Three
distinct
market groups are emerging: buyers,
consumers and
surfers. Here's an overview of these groups:
Buyers
Buyers are business professionals who may be
executives,
engineers, managers, researchers, in fact anyone
who
spends most of their working day online. This
lucrative
market segment does not get the attention it
deserves.
Often these people are responsible for making
purchasing
decisions that require sourcing supplies,
materials and
services all under very tight time pressures. What
a
perfect target for online advertising! Make sure
you don't
discount these very influential buyers.
Consumers
This category includes the home computer user
who
routinely checks out commercial online services.
This
group is a gold mine. They're already receptive to
making
purchases over the Internet. Marketers only have
to make
the online shopping experience easier and this
market is
hooked. No longer will consumers be heading out to
the
mall for goods and services, they'll be shopping
online in
droves and loving it.
Surfers
Surfers are the online fun seekers. They use
online
technology as a form of recreation, to play games,
get
music and expand their knowledge. They are
typically
younger and fickle. And these people have short
attention
spans. They move all over in
cyberspace. If something
catches their attention, they stick around. If a
little
bit of boredom sets in, they're off again and
surfing
elsewhere. This is the most challenging group to
market
to, but one with a huge potential. Surfers are
an
impulsive bunch. If a product catches their eye,
they'll
buy online with no second thoughts. It's a bit
like
positioning the candy at the check out counter in
the
supermarket...you have a captive audience who
finds it
hard to resist temptation.
When planning your advertising strategy consider
the three
market segments. They are all different, but each
one
deserves attention. Your bottom line depends on
it!
Scott F. Geld is the Director of Marketing
for
MarketingBlaster.com, a company providing targeted
traffic
and direct links starting at just $5:
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