Online marketing Essay Example | Topics and Well Written Essays - 1750 words

Online marketing - Essay Example This makes, the study of the concept of online marketing all the more interesting and inevitable, in order to ascertain the various methods, policies and strategies applied by successful online marketing firms, to provide a broader idea about the concept and a wider understanding of the subject. For the purpose of this study, Amazon.com Inc, is chosen as a case study, which shall be used to understand a range of concepts, and theoretical aspects concerning online marketing. Amazon.com Inc., an American based (headquartered in Seattle, Washington, U.S.A.) multinational e-commerce organization and is one of the largest online retailers in the country. It was founded by the Jeff Bezoz, in the year 1994 and was launched online a year later in 1995. Initially it was established as an online retail book store, however, in the wake of the overwhelming response of its largely diversified customer base, it was subsequently diversified to include a range of other products such as CDs, music, games, computer software, electronic equipments, apparels, food, furniture, toys, and the likes. At the time when Amazon debuted on the online retailing scene, there were already several other companies doing brisk business, owing to the internet boom. However, Bezos, with the help of innovative online marketing strategies along with revolutionary internet technologies which made the online shopping experience - faster, better and more comfortable and more personal as compared to the traditional retail, managed to survive, outsmart and eventually lead the pack of online stores. The success of the company could be ascertained from the consecutively profitable performances, which it has been able to deliver. Currently, the company has managed to achieve almost $6.8 million, in sales which includes books, DVD players as well as miter saws1. Products and brands are the inevitable