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Time has come where more and
more businesses are understanding the importance of having an online
presence. Online Communication has also been gaining the attention of
advertisers, entrepreneurs, marketers etc in India, day by day companies
are entering the virtual world and have started giving more importance
to online media over the print media. Few of the reasons why online
media is getting the attention is due to its extensive shelf life ,
unlimited virtual space, instant results and MOST important is that
communication can be made interactive, thus responses can be analyzed in
no time to plan marketing policies and strategies.
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When we talk of print media
it is bound by the number of pages in publications, and to some extent
to the additional face covers, inserts, book marks etc. The Space to
communicate in online world is unlimited. An online communication if
done properly, surfaces in searches, gets visible on linked websites, is
offered through newsletters, community sites, tag sites, and what not.
The reach is practically endless and is not bounded by area or
boundaries as not only one can get local but international exposure. In
real terms, the landscape of online outreach has drastically changed.
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The biggest factor getting
the attention of advertisers is the cost effectiveness of the medium in
terms of its execution and declining costs of computer memory and
secondary storage. We have a firm belief that very soon there will be a
mass shift from print to online medium. Now that does not mean that
print media will loose its charm but on the contrary online media will
catch the equal attention and importance. These days newspapers have
increased their cost so much that for SME's and SMB's it has become
practically impossible to maintain a long and continuous presence in
print media. To compare the two mediums in terms of its reach and cost
we can easily say that what one pays for a one day ad in a newspaper can
offer him 1 week, 1 Month or even 1 Year of presence in Online Media.
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Another great reason for
having an online presence is that, nobody reads yesterday's newspaper.
However, a piece of online communication stays, typically, anywhere more
than a day to years together. Probably, online presence stays till the
storage runs out, more importantly, it just doesn't stay, appears in
searches and catches eye balls too.
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The internet users in India
are close to 42 million as per the IAMAI & IMRB reports. Out of the 42
million, 27 million are considered active
users. Reaching out to the 27 million prospective customer base is what
online communication is all about.
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According to the Interactive
Advertising Bureau (IAB) 2007 Internet Advertising Revenue Report,
online ad revenues totaled $21.2 billion
last year. That was 26.1% higher than the previous year. |
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