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Unit 12 P4 - Describe the benefits and opportunities to the business of using internet marketing within the marketing mix of a selected business

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For P1, learners should describe how the marketing activities of different businesses have incorporated internet marketing. For example, the ways in which the internet provides opportunities for producer-customer dialogue and therefore research and relationship building. To evidence P2, learners should describe clearly how businesses use internet marketing for example to advertise last minute promotions. For P3, learners should explain the principal benefits of internet marketing to customers, for example using contrasting businesses. These three strands come together for M1 where learners are asked to analyse how internet marketing activities build on conventional offline marketing principles and offer customers greater freedom of choice. This will involve a greater depth of understanding of internet marketing as offline activities form the basis for greater individualisation of market attention and offer opportunities for elements of the marketing mix to be exploited differently, as with dynamic pricing. P4 asks learners to describe the key benefits and opportunities presented by internet marketing activity for a selected businesses and again how this has helped formulate and change the marketing mix for a business. P5 gives the learners the chance to investigate whether these opportunities and changes have been successful, whilst P6 encourages learners to look at the globalisation challenges facing a business that decides to embark on internet marketing as a promotional tool. These three areas are brought together for M2 where learners are asked to analyse how internet marketing has created new business opportunities and presented new challenges for a selected business, including their customers.

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Unit 12 P4

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There are many benefits that customers get from using internet
marketing. In this assignment I'm going to explain them.

Mass Customization

Firstly, I'm going to start off with Mass Customization. This is
the process of delivering wide-market goods and services that
are modified to satisfy a specific customer’s need. Mass
customization is a method that enables flexibility and
personalization for customers. I’m going to incorporate mass
customization with the company Adidas. An advantage of
Adidas Mass Customization is that customers will be more
satisfied as they will be able to purchase the products that they
want, tailored to them. For example there are more products
online that there will be offline (retail or store). Therefore,
customers are more likely to go to the Adidas website then the
Adidas store can gain more customer retention. Mass
production can give a business opportunity, such as increasing
customers. As if products are being tailored to them and there
is more choice, they are likely to return to the business to
purchase other products. This will therefore increase sales and
revenue.

Advertising

Secondly another factor is that an important benefit to internet
marketing is advertising. Adidas is gaining many opportunities
advertising because as we all know advertisement if done well
automatically increases the sales for the company. This leads to
the company producing more of the product because they know
its selling well. With Adidas they’ve been around so long, 1949
to be precise so their advertising doesn’t have to be dramatic.
The advantage of Adidas doing advertising is that it informs the
customer about new products, improves the sale of a product
and it is a direct communication with the customer. Another

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Hey guys, all of you studying BTEC out there know how frustrating it can get with all those assignments. While studying myself I always wished there was someone to help me with my assignments and even having a template can make it twice as easy at times, so, here you go. I have every major unit. Use sensible guys.

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