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Analyzing the impact of internet advertising & its factors on the purchasing decisions of consumers
Today’s scenario is full of, up-to-the-
minute needs of the contemporary
future.
The size and range of internet advertising is increasing dramatically.
New mediums are being explored each day to make a successful advertising campaign.
Businesses are spending more on Internet advertisement than before.
Internet as an advertising medium has become the favourite of the
advertiser in no time.
What is the impact of Internet Advertising on the consumers? Also what are the factors that influence the buying decisions of the potential customers?
To determine and understand the core concepts of internet advertising.
To understand the factors of internet advertising.
To understand and analyze the association between internet advertising and consumer behaviour.
A variable is a characteristic or feature that varies, or changes
INDEPENDENT VARIABLE
Independent variables are those variables which remain stable and unaffected.
It does not change or have effect due to changes in the other factors.
It is presumed because that means it can manipulate the Dependent variable.
DEPENDENT VARIABLE
Dependent variable is considered as that variable which depends on those factors which are measured.
Dependent variable is expected to change.
Due to manipulation or changes in independent variables, dependent variable gets changed.
Consumers use the Internet to assist them in nearly every aspect of life.
Companies can take advantage of web advertising to complement their standard media and print marketing
The wide reach and continual exposure of internet advertising increases visibility and audience contact.
Companies can differentiate their
online
Internet is the most powerful medium of communication, entertainment and shopping for people.
Covering different sections like news, e-commerce, information, communication or entertainment.
Another important place for advertisement of the brand can be online communities, forums, social networking sites or affiliate marketing websites.
They provide immense organic traffic to the website representing the business or brand name.
Time constraint
Sample size is limited to 60 internet users; result
of the study cannot be taken as universal.
Findings of the survey are based on the assumption that the respondents have given correct information.
Some of the respondents were reluctant to
answer.
The study was conducted only in Connaught
Place, New Delhi.
RESEARCH-1
ntation, experience orientation, channel information, perceived distribution application, and perceived accessibility are sturdy predictors of on-line buying fame
Consumer socialization through peer communication by using of social media websites has become an important advertising issue via the improvement and growing recognition of social media.
This newsletter investigates peer communication via social media websites; individual-stage tie energy and organization-stage identification with the peer organization as antecedents; and product attitudes and buy decisions as effects.
Survey facts from 292 members who engaged in peer communications.
Customer's need for area of expertise has a moderating effect at the impact of peer communication on product attitudes. These findings have great theoretical and managerial implications.
A definition of the internet advertising ecosystem is proposed right here to explain a network of all of the sellers along with the relative additives in their surroundings.
We we will divide the sellers into four types:
USERS-A person is the individual that performs looking through search engines like google, browses the net and consumes media content.
ADVERTISERS- Create awareness through commercials, advertisers aim to trigger capability customers’ demand for a services or products
PUBLISHERS-What realizes the interconnection of advertisers and customers is the writer.
AD EXCHANGES- Through ad exchanges advertisers can purchase impressions without delay from publishers.
The research design of this study
consists of descriptive study.
This study is done at Connaught Place, New Delhi and the period of the study was 1 week.
With the help of questionnaire we asked questions from the customers who are regular internet user.
We have taken 60 as the sample size for
this study
To determine and understand the core concepts of internet advertising.
To understand the factors of internet advertising.
To understand and analyze the association between internet advertising and consumer behaviour.
SOURCES OF DATA
Primary Data - QUESTIONNAIRE
Target Audience -People using internet service.
Sample size - 60
Secondary Data - INTERNET
DATA COLLECTION TECHNIQUE
Questions Pro has been used as the online survey technique for creation of the
questionnaire and generating the response thereafter.
Conducted at: Connaught Place
Period of Study: 1 week
METHODS OF DATA ANALYSIS:
SPSS and MS Excel were used for the analysis of the data collected.
Chi Square was used to identify the impact of Independent variables on the Dependent variable.
Since both variable are Non-Metric in nature, hence CHI- SQUARE test is applicable.
*Golden rule of Hypothesis testing;
If P value (sig. Val) is less than 0.05 (Null Rejected)
In our case the sig value is .836 (greater than 0.05), hence Alternative hypothesis is accepted, Which means there is a significant difference between internet advertising and its impact on the consumers while making the purchasing decisions with respect to the age.
In our case the sig value is .841 (greater than 0.05), hence Alternative hypothesis is accepted, Which means there is a significant difference between internet advertising and its impact on the consumers while making the purchasing
decisions with the respect to the domain where it is shown.
In our case the sig value is .059 (greater than 0.05), hence hypothesis is accepted, Which means there is a significant difference between internet advertising and its impact on the consumers while making the purchasing decisions with respect to the advertisement type. (comparatively weak)
In our case the sig value is .972 (greater than 0.05), hence Alternative hypothesis is accepted, Which means there is a significant difference between internet advertising and its impact on the consumers while making the purchasing decisions with respect to the disruptive ads
Practical Implication
The study established that reliability
of internet advertising is effective.
We recommend using the internet as an advertising marketing tool can provide distinctive experience to its customers based on shopper needs.
The study also found that internet advertising is affects the customer purchasing decisions and also suggest that the companies should invest more in internet advertising.
Overall, in a study of the impact of internet advertising on the purchasing decisions of consumers.
Disruptive advertisement in the internet advertising is the most effective
Internet advertising; disruptive advertisements influence the buying decision of the potential customers.
This study can be helpful for marketers to understand while formulating strategies for his/her marketing campaign.
Selecting appropriate strategies, which is an optimal solution for creating high purchases, generating high sales and ultimately creating customer loyalty amongst the current and potential customers.