iNM Volume 8 | Page 23

INM MAGAZINE VOLUME 8 | FEBRRUARY 2016 #Marketing TRADITIONAL MARKETING V/S DIGITAL MARKETING Chiatanya Deepak Beera PGDM IIM Shillong I ndia is turning towards Digital marketing through consistent innovation in products and services with added benets to make the customer more satised. Customers are progressively investing more time in social media and other tools in the digital world. Regardless of the age group we all believe that the digital age has changed the way we live. Research on digital marketing postulates that behaviour of consumer is different on the internet compared to the behaviour in traditional marketing. The underlying assumption is that consumers use different criteria to evaluate retail quality based on the type of marketing used. The internet usually is characterised as an innovative and 'new' channel for consumers that, for example, is perceived as being more risky than traditional channels. The various shopping orientations correspond to channel characteristics, because alternative channels offer different possible ways of fullling customer needs. In traditional marketing, there are many features and factors that are trust worthy such as the provision of samples in tangible shopping environment where the salesman can provide information or give a demo to the customer, consumers can inspect products and their quality, check availability and develop personal relationships with the sales people in traditional marketing. In digital marketing the ideation of the product and the symbols or signals used to convey meaning about the product attracts the customer and makes the customer aware about the product through that concept or idea. In digital marketing products are continuously marketed which creates more impact than the traditional medium. The means used in digital marketing are the tools or channels that are used by most of the people in the present generation. There is specic cost dimensions in digital marketing (e.g. pay per click, pay per view, number of times the ad ash or telecasts) and product and channel risk dimensions which includes nancial risk, functional risk, social risk and source risk. Digital marketing appeals in a better way with aesthetics and creative dimensions, which cannot be showcased in traditional marketing. 18