difference between traditional marketing and online marketing

Accounting Aug 10, 2020

Expert Solution

Traditional Marketing	Online Marketing
1	Easy to reach out to the Local Consumers or Market	This mode of marketing lets you reach the markets or comsumers worldwide.
2	This method is usually marketing through person to person approach	No physiscal presence required. Easy to reach to a large number of consumers easily.
3	Customer Interaction is very less.	Offers digital platforms to enable customer interactions
4	Cost per consumer would be more as it reaches less number of audiences	Cost per consumer would be less as it reaches global audiences.
5	To get results, entity will have to wait for months.	This method usually give quick results and gets real time marketing results.
6	Strategy refinement is difficult.	Updation or refinement is very easy.
7	Usually involves only one way communication	Promotes two way communication.

Archived Solution

Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In

Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution

Get Custom Quote