Strategic Marketing Management Argumentative Essay Example
Today's individuals bring diversity and a high level of analytical thinking to their decision-making.
Identifying the attitudes of clients such as viewers, readers, and listeners is important in broadcasting and media companies (Steinbeck, 2000). For YouTube, a video sharing website, the purchase of their services and the development of positive user behavior is crucial. Therefore, understanding the attitudes of YouTube viewers is essential.
According to research, young adults spend a lot of time browsing the internet. As a result, companies can benefit from advertising their media and services on websites. For example, Youtube.com has successfully implemented a dual marketing strategy that combines branding and channel management. This has helped them become a leader in their industry worldwide, supported by their excellent communication and technology capabilities.
However, there are still important elements to consider that will strengthen the full utilization of
...the medium. To conclude, the growth of new and existing technologies will intensify the competition facing Youtube.com. This website allows users to promptly upload their videos. To stay competitive, Youtube.com must persist in upgrading and enhancing its website's responsiveness, functionality, and features.
According to Mowad (2006), Youtube.com has an ongoing initiative to integrate significant software and hardware and improve its existing technology, data processing systems, and network infrastructure. This is crucial due to the growing web traffic and transaction processing volume on the site. Failure to do so could result in unexpected system disruptions, slower response times, reduced customer service quality, impaired order fulfilment speed and quality, and delays. Some Youtube employees are aware of this need.
For Youtube.com to achieve total competitive advantage, it is essential that the media community understands and approves of its online strategy, according
to Henderson (2000). This requires clear, concise communication of the strategic intentions of Youtube.com so that key corporate stakeholders can properly evaluate the company's worth and potential for the future. Only then can the current framework be transformed into excellent strategic outcomes.
The emergence of technological advancements, particularly in online applications, has significantly transformed the way businesses operate, leading individuals to reassess their workforce. The internet, for instance, has revolutionized products and services across the globe, providing cost-effective options for traditional multinational corporations (Goldberg ; McCalley, 1992). With approximately 600 million individuals worldwide connected to the internet, Youtube.com must shift a significant portion of their marketing strategies online if they want to expand their business.
In order to reduce the variable costs of international marketing, it is recommended that companies focus on utilizing online functions and operations. By developing these capabilities on the web, businesses can significantly decrease their costs associated with international market development, which is more advantageous compared to traditional market penetration strategies. Ref: Cornfield, M, 2006.
The article titled "YouTube and you" from Campaigns & Elections, written by Cravens, Merrilees, and Walker in 2000, is referenced in Thomson Gale's Volume 27, Issue #8 on page 43(1). Additionally, the book Strategic Marketing Management for the Pacific Region by Cravens, Merrilees, and Walker was published by McGraw-Hill in Sydney. The book Who Rules the Net? Internet Governance and Jurisdiction by Crews, Jr. and Thierer was published by the Cato Institute in Washington DC in 2003.
Donthu and Garcia's 1999 article titled 'The Internet Shopper' published in the Journal of Advertising Research, volume 39, issue 3, pages.
52 to 58.
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