The evaluation of content effectiveness within online and offline marketing communications of an enterprise
-
DOIhttp://dx.doi.org/10.21511/im.16(3).2020.03
-
Article InfoVolume 16 2020, Issue #3, pp. 26-36
- Cited by
- 2189 Views
-
705 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
The article aims to investigate the role and features of the content and test proposed indicators for evaluating its effectiveness within the marketing enterprise communications with the client using Internet technologies. The differences between traditional content communications and content communications using unifying content have been presented. Based on review of scientific works and statistic data and results of the studies, a system of indicators for evaluating the level of content supply cost-effectiveness is proposed: average cost of attracting one user of website, coefficient of lead generation of the Internet website, average cost of attracting one lead, content effectiveness ratio, average purchase in consequence of content supply, profit from the sale of goods in consequence of content supply, profitability of using the Internet marketing tools. This system of indicators allows monitoring of content effectiveness at key stages of enterprise-customer interaction. The proposed indicators of content effectiveness were tested on two leading enterprises in the field of water purification and water supply in Ukraine: “ZIKO Company” and “BWT Ukraine”. It was concluded that only a high quality of content supply could provide an enterprise with a high level of customer conversion and significant visibility of its website in different search engines.
- Keywords
-
JEL Classification (Paper profile tab)M31, L81
-
References34
-
Tables3
-
Figures0
-
- Table 1. Main indicators of interaction with clients of LLC “ZIKO Company” and LLC “BWT Ukraine” for 2018
- Table 2. The results of calculations of the effectiveness of interaction with clients of LLC “ZIKO Company” and LLC “BWT Ukraine”
- Table 3. Differences between traditional content interaction and interaction via unifying content supply
-
- Bashynska, I., Lytovchenko, D., & Kharenko (2019). Sales tunnels in messengers as new technologies for effective Internet-marketing in tourism and hospitality, International Journal of Innovative Technology and Exploring Engineering, 8(12), 594-598.
- Biloš, A., Ružić, I., & Kelić, I. (2014). Online and Offline Media Effectiveness Based on Shopping Center Communication Objectives. Paper presented at International Conference “An Enterprise Odyssey: Leadership, Innovation and Development for Responsible Economy”, Zadar, Croatia.
- Brinker, S., & Heller, J. (2015). Making marketing technology work. McKinsey & Company articles.
- Content Marketing Institute. (2018). Official website.
- Dahiya, R. (2018). A research paper on digital marketing communication and consumer buying decision process: an empirical study in the Indian passenger car market. Journal of Global Marketing, 31(2), 73-95.
- De Veirman, M. (2017). Marketing through Instagram influencers: the impact of number of followers and product divergence on brand attitude. International Journal of Advertising, 6(5), 798-828.
- García, D. A., García, S. G., Blanco, T. P., & Sánchez, J. (2019). Integrated marketing communication in the digital environment. Advertiser attitudes towards online communication techniques. Estudos em Comunicação, 29, 241-258.
- Hartman, K. (2020). Digital marketing analytics: in theory and in practice (1st ed.). Ostmen Bennettsbridge Publishing Services.
- HubSpot. (2015). NCI Its Marketing to the Top of the Class with HubSpot.
- Idrysheva, Z., Tovma, N., Abisheva, K-Z., Murzagulova, M., & Mergenbay, N. (2019). Marketing communications in the digital age. Paper presented at E3S Web of Conferences 135, 04044 (pp. 1-9).
- Illyashenko, S. M. (2016). Innovation development: marketing and knowledge management. Disa Plus.
- John, S. P., & De’Villiers, R. (2020). Elaboration of Marketing Communication through Visual Media: An Empirical Analysis. Journal of Retailing and Consumer Services, 54, 102052.
- Kim, J., Kim, S., & Choi, J. (2019). Purchase now and consume later: Do online and offline environments drive online social interactions and sales? Journal of Business Research (In Press).
- Koiso-Kanttila, N. (2004). Digital content marketing: a literature synthesis. Journal of Marketing Management, 20(1-2), 45-65.
- Kotler, F., Kartajaya, H., & Setiawan, I. (2016). Marketing 4.0. Moving from Traditional to Digital. John Wiley & Sons.
- Krizanova, A. et al. (2019). The effectiveness of marketing communication and importance of its evaluation in an online environment. Sustainability, 11(24).
- Labanauskaitė, D., Fiore, M., & Stašys, R. (2020). Use of E-marketing tools as communication management in the tourism industry. Tourism Management Perspectives, 34, 33-47.
- Li, J., Kim, W. H., & Choi, H. M. (2019). Effectiveness of social media marketing on enhancing performance: Evidence from a casual-dining restaurant setting. Tourism Economics.
- Lou, Ch., & Yuan, Sh. (2019). Influencer marketing: how message value and credibility affect consumer trust of branded content on social media. Journal of Interactive Advertising, 19(1), 58-73.
- Oklander, M. A., Oklander T. O., & Yashkina, O. I. (2018). Marketing research trends: online panels and online communities. Marketing and Management of Innovations, 1, 118-129.
- Patrutiu Baltes, L. (2015). Content marketing – the fundamental tool of digital marketing. Bulletin of the Transilvania University of Braşov Series V: Economic Sciences, 8(57) No. 2, 111-118.
- Prosovych, O., & Botsman, Y. (2018). Marketplace as a digital marketing tool. Journal of Lviv Polytechnic National University. Series of Economics and Management Issues, 5(897(1)).
- Pulizzi, J., & Barrett, N. (2009). Get Content Get Customers: Turn Prospects into Buyers with Content Marketing. McGraw Hill Professional.
- Richardson, A. (2010). Using Customer Journey Maps to Improve Customer Experience. Harvard Business Review.
- Rowley, J. (2008). Understanding digital content marketing. Journal of Marketing Management, 24 (5-6), 517-540.
- Samuel, A. (2016). The Social Cost of Bad Online Marketing. Harvard Business Review.
- Satell, G. (2015). Why no one is reading your marketing content. Harvard Business Review.
- Schmallegger, D. (2008). Blogs in tourism: Changing approaches to information exchange. Journal of Vacation Marketing, 14(2), 99-110.
- Shpak, N., Kulyniak, I., Gvozd, M., Malynovska, Y., & Sroka, W. (2020). Estimation of the Marketing Activity of Banking Structures. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 68(1), 229-242.
- Thomas, B., & Housden, M. (2017). Direct and digital marketing in practice (3rd ed.). Bloomsbury Business.
- Ugolkov, I., Honchar, & Skybinskyi, O. (2019). Analysis of Ukrainian trends of use of Internet technologies in process of marketing interaction with clients of the enterprise. Science and Education a New Dimension, VII(32), 18-21.
- Ugolkov, Ie. (2019). Organizing and evaluating enterprise marketing interaction based on the use of Internet technologies (Ph.D. Thesis). Lviv Polytechnic National University.
- Vieira, V. A., de Almeida, M. I. S., Agnihotri, R. et al. (2019). In pursuit of an effective B2B digital marketing strategy in an emerging market. Journal of the Academy of Marketing Science, 47, 1085-1108.
- Xiao, L., Zhang, Y., & Fu, B. (2019). Exploring the moderators and causal process of trust transfer in online-to-offline commerce. Journal of Business Research, 98, 214-226.