Friday, 21 December 2018

Emergence of E-commerce industry and online services - Part 4




Perhaps, one of the biggest beneficiaries of the digital revolution has been the E-commerce industry. Though companies like Amazon and eBay both launched in the mid-90s it took years for them to become the E-commerce giants they are today because for one thing, that many people simply didn’t have access to the internet back then. However, in recent years, companies like Amazon, AliBaba, eBay aswell as Daraz and OLX in Pakistan have relied heavily on digital marketing. In many ways, digital marketing and E-commerce are two things that go hand in hand and realizing the importance that digital marketing carries can be seen as one of the primary reasons why all these companies are so successful today.

According to the article Consumer Perceptions Regarding E-Commerce Related Risks by Katherine Smith, the influence of e-commerce will only grow in the coming years and its influence on both the market and the mind of the consumer will greatly be felt.

Similarly, the idea of online services and applications has also benefitted and greatly been influenced by digital marketing. Services like Careem, Uber, Airbnb, GoLootlo! and PayTm have similarly relied heavily on digital marketing to promote their idea and services. And one added benefit they get through digital marketing is that they can simply add a download button under an advertisement and if the user is seeing that ad on his smartphone he can instantly download the application.

No comments:

Post a Comment