MASS CUSTOMIZATION AND ONE-ON-ONE MARKETING

             The Internet supports mass customization and one-on-one marketing as
            
• Mass customization - The capacity of the Internet is found in the use
             of information technology (IT), data storage and data processing
             instead of the traditional approach of relying on physical location
             and employees. Both products and services can be customized to meet
             specific individual needs at leves that could not be accomplished
             without these benefits of IT. Dell sells computers by allowing
             customers to select components according to individual needs.
             Instead of simply accepting what the manufacturer includes in the
             package, Dell's approach allows consumers to select their own
             components, and Dell builds-to-suit. The use of technology allows
             this mass customization to be offered in a cost-effective manner.
             Many other mass customization services exist on the Internet, such as
             news services, home-page customization and floral purchases, by
             allowing consumers to select options that meet personals preferences.
            
• One-on-one marketing - The Internet facilitates direct marketing
             because personal data can be collected and stored from both existing
             and potential consumers. Data collection is achieved through simple
             data-gathering methods such as when consumers place orders, visit
             websites, enter contests or request information. Key demographic
             information (name, address, sex, age, education, income) and other
             relevant data (interests, intents, willingness to receive additional
             information) is collected and stored. This data can be retrieved and
             used to tailor marketing campaigns to persons found within the
             database by sorting relevant fields to match targeted consumer
             profiles. The data to support this type of targeted marketing is
             ...

More Essays:

APA     MLA     Chicago
MASS CUSTOMIZATION AND ONE-ON-ONE MARKETING. (1969, December 31). In MegaEssays.com. Retrieved 06:52, May 09, 2024, from https://www.megaessays.com/viewpaper/201413.html