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ASSIGNMENT:
IMPACT OF WEB 2.0 TECHNOLOGIES ON
B2B MARKETING
COMPUTER APPLICATION IN MANAGEMENT
PROF: RAKESH PANDYA

21. Parekh Vijaykumar
22. Patel Ankitkumar
23. Patel Ayan
24. Patel Hardik
25. Patel Harshalbhai

MS University
Faculty of Management of Studies, Vadodara
Evening MBA Program (Batch 2011-2014)
WORLD BEFORE WEB 2.0

- Web 1.0 – Mid 1990s
- First generation websites
- HTML Brochure ware- later PDF
- Limited Interaction from Users
- Few content creators and most of them content consumers
- No Google
- Websites static, rarely changed
- Authotarian one way passive communication
Web 2.0 – How we are involved
• Every one here must be
- having a Facebook, Twitter, LinkedIn account
- buying goods online
- commenting on news or articles online
- sharing videos and pictures online
- writing blogs
- using Google
- taking part in online survey… and so on..
• This is all possible due to Web 2.0
Web 2.0
• Term Web 2.0 was used in 1999 by Darcy DiNucci,
• It is the term given to describe a Second generation of the
  World Wide Web
• It refers to cumulative changes in the ways software
  developers and end-users use the Web.
• Focused on the ability for people to collaborate and share
  information online.
• Transition from static HTML Web pages to a more dynamic
  Web that is more organized and is based on serving Web
  applications to users.
• Open communication with an emphasis on Web-based
  communities of users, and more open sharing of
  information.
Web 2.0
• People who consume media, access the Internet, and use the
  Web should be active contributors, helping customize media
  and technology for their own purposes, as well as those of
  their communities.

• It is a reference to a group of technologies which have
  become deeply associated with the term: blogs, wikis,
  podcasts, RSS feeds etc., which facilitate a more socially
  connected Web where everyone is able to add to and edit the
  information space.
Web 2.0 – Technology Tools
• A number of online tools and platforms are now defining
how people share their perspectives, opinions, thoughts and
experiences.

• Tools such as weblogs, RSS, video casting, social
bookmarking, social networking, podcasts and picture sharing
sites are becoming more and more popular.

• One major advantage of Web 2.0 tools is that the majority of
them are free.
Web 2.0- Using the Tools
Podcasting
  If an individual was interested in video games, they might search a
  podcast submission Web site (like Podcast.net) and download an
  audio review of a game to listen to on their computer. A Podcast is
  syndicated audio, or video produced by traditional media such as
  radio and television or by individuals passionate about a particular
  subject.

Blogs
   They may then decide to comment about this audio review on their
   Blogger or Wordpress blog. A blog or Weblog, is a chronological,
   online diary. Individuals can subscribe to a person's blog, which
   allows them to read it and to write comments in response to blog
   posts.
Web 2.0- Using the Tools
RSS
      If this weblog has an RSS feed in place, subscribers to the blog can choose to be
      automatically notified of this new blog post. RSS (or Really Simple Syndication), is a
      method for delivering regularly changing Web content. Many blogs and Internet
      publishers syndicate their content as an RSS Feed to allow people to subscribe to it
      easily.

Social Bookmarking
    This individual may decide that they would like more people to be able to see and
   remark on the blog post. They could do this by submitting the blog post to a social
   bookmarking site like Delicious. Social bookmarking sites are Web sites that allow
   shared lists of user-created Internet bookmarks to be displayed and commented
   on. Social bookmarking sites allow you to organize your bookmarks by allocating a
   number of 'tags' to them. This makes it easy for other people who may be
   interested in a particular group to find related bookmarks. For example, if the tag
   'games reviews' was added to a bookmark, people searching the bookmark site for
   'games reviews' information could easily find it.
Web 2.0- Using the Tools
Social Networking
   People who visit the bookmark site for this 'games review' tag are likely to see your bookmark. As
    more people find your bookmark and comment on it, you'll find yourself part of a collection of
    people who have a shared interest in video games - You are now 'social networking' and this is why
    some social bookmark sites like Digg are also classed as social networking sites.

Videos, Pics, Document Sharing
Sharing of videos, photographs, viral animation movies, application to drag in users, etc is done on
    various relevant sites like youtube, slideshare, etc.

E-commerce
A whole lot of buying selling happens online through business portals or vendor sites.

Message board/Forum
they can post a comment about any subject, and other students on the same message
    board or form can respond to the comments or post comments of their own.

Screencasting/screen capture
Sharing you desktop with remote user online
Web 2.0 – Technology Tools
There are a large number of Web 2.0 tools, some of the more
popular ones are:

   • Blogger                      • Flickr
   • Wordpress                    • Wikipedia
   • Myspace                      • Facebook
   • Youtube                      • Skype
   • Metacafe                     • Voice Thread
   • Delicious                    • Animote
   • Digg                         • Glogster
   • Furl                         • Slide Share
   • Twitter                      • Screen Captcha
Impact of Web 2.0
on B2B Marketing
Web 2.0 and its Impact on B2B
                 Marketing
• Web is fastest emerging medium for Mass Communication competing with
  traditional medias like TV or print.
• Web users in India will cross 350 million users by 2015
• A company website that is a simply an online product brochure is a wasted
  opportunity.
• Web 2.0 have change the entire web ball game.
• It has elevated the role of web in B2B marketing
• Opened up a whole new field for B2B marketing going beyond traditional
  media
• Added fire power to B2B business growth by offering sudden close and
  more receptive interactivity with customers.
Web 2.0 and its Impact on B2B
                 Marketing
• Increased the scope of B2B marketing agents to be more innovative,
  creative and effective marketer
• Enabled companies to stimulate discussion and community around their
  brand, products and services, and are harvesting invaluable customer
  insight as a result.
• Enable monitoring and participation in external online communities,
  where consumers are sharing opinions and experience of the businesses
  they patronise.
• Device strategies to make customers talk about the brand or product and
  ignite favorable word of mouth
• Increase customer involvement with products
• Ultimately add-on to the bottom line of the business
Web 2.0 and its Impact on B2B Marketing
Free Flow of Information
• Customers are now well informed. Word of mouth flows freely. Easy
   accessibility to opinion, product information and references available on
   the internet freely. No more holding back information. Information like
   prices, product performance, defects, limitations, product
   comparisons, etc is all out in open and cannot be sensored.

Customer is the King
• Marketers have to provide the right information in the right context in a
   way that prospects and customers want to consume. Marketing is
   becoming more customer centric and buyers oriented. Customers cannot
   be fooled or be kept in dark.
Web 2.0 and its Impact on B2B Marketing
Emergence of Trading Sites
• Alibaba, Global Sources, India Mart, Trade India, offering global trading
  B2B platforms for companies, wholesalers, and resellers where they can
  easily buy and sell their wares through online catalogue. Its like have a
  world wide extended Shopping window. It has increased the reach for
  businesses multi fold to the farthest possible relevant point

Customer Complaints, Reviews and Feedbacks
• B2B Marketing got more structured and target towards customer needs
   and requirement. Various tools and features like getting customer reviews,
   24x7 online chat center, online feedback, etc., are offered. Marketers can
   have an easy access to such important information helping them to
   strategize better accordingly.
Web 2.0 and its Impact on B2B Marketing
New tools for better B2B Marketing Emerged
  Importance Mobile Apps, Online interactive applications, Web modules,
  Flash interactive animation films, etc increased in marketing. It all
  increased the creative scope to in B2B marketing which was missing
  earlier. The whole idea is about How to engage the customers more
  convincingly.

Web promotion
  Web 2.0 not just enable b2B marketers in providing a better web
  experience to customers but also to promote their business online in a
  cost effective and measurable way. Google Adwords, SEO, promotional
  flash banners, emails, etc became important tools that added fire power
  to B2B marketing of companies.
Web 2.0 and its Impact on B2B Marketing
Product Experience
Product experience before making the actual buy became feasible. Product
   videos, animation application user guides, testimonials, etc. became all
   relevant and available. Hence, the marketing have became more factual
   and self –confessing about shortfalls.

Faster buying cycle
The buying is happening faster. Issues are resolved instantly. Instant price
   verification and competitors study became possible. Decision making
   started happening faster. Facts and postulates to support decision making
   available istantly.
Web is the future of Marketing
Transparency
There is a lot of transparency infused in the marketing and the functioning of
   the company. A fair, authentic and matter of fact information is
   disseminated about the products as the audience have visible power of
   validating the facts and figures.

Cost effective marketing
The marketing cost have considerably reduced as compared to the result
   achieved. No more traditional mediums of promotion with excess of spill
   overs. More the number of marketing vehicles at considerably lesser cost.
Web is the future of Marketing
Marketing – to right people in right place at right time
Web 2.0 gave flexibility to marketers to device messages specifically targeting
  to the customers with corresponding setup. E.g. markers can catch up
  their customers active on social sites and push their promotional
  messages in a natural pattern.
WEB 2.0 – Application Cases
Procter & Gamble
Retail manufacturer's Being Girl website built a community around a brand that was
otherwise tricky to market

Coca Cola
The drinks maker's exhaustive use of Web 2.0 keeps its brand in front of young eyes
The company’s own historian and archivist makes daily posts on the Coca-Cola
Conversations blog, mycoke.com, a Facebook application to promote the brand’s
energy drink Burn, called Burn Alter-Ego.

DeLL
IdeaStorm, a website where customers can submit ideas for new products or
improvements to existing services.
Web 2.0 websites include the following features and
techniques,
Search - Finding information through keyword search.

Links - Connects information together into a meaningful information ecosystem using the
model of the Web, and provides low-barrier social tools.

Authoring - The ability to create and update content leads to the collaborative work of
many rather than just a few web authors. In wikis, users may extend, undo and redo each
other's work. In blogs, posts and the comments of individuals build up over time.

Tags - Categorization of content by users adding "tags"—short, usually one-word
descriptions—to facilitate searching, without dependence on pre-made categories.
Collections of tags created by many users within a single system may be referred to as
"folksonomies" (i.e., folk taxonomies).

Extensions - Software that makes the Web an application platform as well as a document
server. These include software like Adobe Reader, Adobe Flash player, Microsoft Silverlight,
ActiveX, Oracle Java, QuickTime, Windows Media, etc.

Signals - The use of syndication technology such as RSS to notify users of content changes.
B2B Portal Example tradekeyindia.com - Live Chat, Product Listing
B2B Portal Example – Customer Complaints
B2B Portal Example cnet.com– Product Reviews
B2B Portal Example ingram micro – social media involvement
B2B Portal Example b2bbloggers.com – blogging and RSS feeds
B2B Portal Example – Company Catalogue
B2B Portal Example – Generic Search, SEO and Adwords
B2B Portal Example – Nokia Discussion Forum
References
•   www.web2summit.com
•   en.wikipedia.org/wiki/Web_2.0
•   oreilly.com/web2
•   www.pewinternet.org/topics/Web-20.aspx
Thank You

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Benefits of Web 2.0 in B2B Marketing

  • 1. ASSIGNMENT: IMPACT OF WEB 2.0 TECHNOLOGIES ON B2B MARKETING COMPUTER APPLICATION IN MANAGEMENT PROF: RAKESH PANDYA 21. Parekh Vijaykumar 22. Patel Ankitkumar 23. Patel Ayan 24. Patel Hardik 25. Patel Harshalbhai MS University Faculty of Management of Studies, Vadodara Evening MBA Program (Batch 2011-2014)
  • 2.
  • 3. WORLD BEFORE WEB 2.0 - Web 1.0 – Mid 1990s - First generation websites - HTML Brochure ware- later PDF - Limited Interaction from Users - Few content creators and most of them content consumers - No Google - Websites static, rarely changed - Authotarian one way passive communication
  • 4. Web 2.0 – How we are involved • Every one here must be - having a Facebook, Twitter, LinkedIn account - buying goods online - commenting on news or articles online - sharing videos and pictures online - writing blogs - using Google - taking part in online survey… and so on.. • This is all possible due to Web 2.0
  • 5. Web 2.0 • Term Web 2.0 was used in 1999 by Darcy DiNucci, • It is the term given to describe a Second generation of the World Wide Web • It refers to cumulative changes in the ways software developers and end-users use the Web. • Focused on the ability for people to collaborate and share information online. • Transition from static HTML Web pages to a more dynamic Web that is more organized and is based on serving Web applications to users. • Open communication with an emphasis on Web-based communities of users, and more open sharing of information.
  • 6.
  • 7. Web 2.0 • People who consume media, access the Internet, and use the Web should be active contributors, helping customize media and technology for their own purposes, as well as those of their communities. • It is a reference to a group of technologies which have become deeply associated with the term: blogs, wikis, podcasts, RSS feeds etc., which facilitate a more socially connected Web where everyone is able to add to and edit the information space.
  • 8. Web 2.0 – Technology Tools • A number of online tools and platforms are now defining how people share their perspectives, opinions, thoughts and experiences. • Tools such as weblogs, RSS, video casting, social bookmarking, social networking, podcasts and picture sharing sites are becoming more and more popular. • One major advantage of Web 2.0 tools is that the majority of them are free.
  • 9. Web 2.0- Using the Tools Podcasting If an individual was interested in video games, they might search a podcast submission Web site (like Podcast.net) and download an audio review of a game to listen to on their computer. A Podcast is syndicated audio, or video produced by traditional media such as radio and television or by individuals passionate about a particular subject. Blogs They may then decide to comment about this audio review on their Blogger or Wordpress blog. A blog or Weblog, is a chronological, online diary. Individuals can subscribe to a person's blog, which allows them to read it and to write comments in response to blog posts.
  • 10. Web 2.0- Using the Tools RSS If this weblog has an RSS feed in place, subscribers to the blog can choose to be automatically notified of this new blog post. RSS (or Really Simple Syndication), is a method for delivering regularly changing Web content. Many blogs and Internet publishers syndicate their content as an RSS Feed to allow people to subscribe to it easily. Social Bookmarking This individual may decide that they would like more people to be able to see and remark on the blog post. They could do this by submitting the blog post to a social bookmarking site like Delicious. Social bookmarking sites are Web sites that allow shared lists of user-created Internet bookmarks to be displayed and commented on. Social bookmarking sites allow you to organize your bookmarks by allocating a number of 'tags' to them. This makes it easy for other people who may be interested in a particular group to find related bookmarks. For example, if the tag 'games reviews' was added to a bookmark, people searching the bookmark site for 'games reviews' information could easily find it.
  • 11. Web 2.0- Using the Tools Social Networking People who visit the bookmark site for this 'games review' tag are likely to see your bookmark. As more people find your bookmark and comment on it, you'll find yourself part of a collection of people who have a shared interest in video games - You are now 'social networking' and this is why some social bookmark sites like Digg are also classed as social networking sites. Videos, Pics, Document Sharing Sharing of videos, photographs, viral animation movies, application to drag in users, etc is done on various relevant sites like youtube, slideshare, etc. E-commerce A whole lot of buying selling happens online through business portals or vendor sites. Message board/Forum they can post a comment about any subject, and other students on the same message board or form can respond to the comments or post comments of their own. Screencasting/screen capture Sharing you desktop with remote user online
  • 12. Web 2.0 – Technology Tools There are a large number of Web 2.0 tools, some of the more popular ones are: • Blogger • Flickr • Wordpress • Wikipedia • Myspace • Facebook • Youtube • Skype • Metacafe • Voice Thread • Delicious • Animote • Digg • Glogster • Furl • Slide Share • Twitter • Screen Captcha
  • 13. Impact of Web 2.0 on B2B Marketing
  • 14.
  • 15. Web 2.0 and its Impact on B2B Marketing • Web is fastest emerging medium for Mass Communication competing with traditional medias like TV or print. • Web users in India will cross 350 million users by 2015 • A company website that is a simply an online product brochure is a wasted opportunity. • Web 2.0 have change the entire web ball game. • It has elevated the role of web in B2B marketing • Opened up a whole new field for B2B marketing going beyond traditional media • Added fire power to B2B business growth by offering sudden close and more receptive interactivity with customers.
  • 16. Web 2.0 and its Impact on B2B Marketing • Increased the scope of B2B marketing agents to be more innovative, creative and effective marketer • Enabled companies to stimulate discussion and community around their brand, products and services, and are harvesting invaluable customer insight as a result. • Enable monitoring and participation in external online communities, where consumers are sharing opinions and experience of the businesses they patronise. • Device strategies to make customers talk about the brand or product and ignite favorable word of mouth • Increase customer involvement with products • Ultimately add-on to the bottom line of the business
  • 17. Web 2.0 and its Impact on B2B Marketing Free Flow of Information • Customers are now well informed. Word of mouth flows freely. Easy accessibility to opinion, product information and references available on the internet freely. No more holding back information. Information like prices, product performance, defects, limitations, product comparisons, etc is all out in open and cannot be sensored. Customer is the King • Marketers have to provide the right information in the right context in a way that prospects and customers want to consume. Marketing is becoming more customer centric and buyers oriented. Customers cannot be fooled or be kept in dark.
  • 18. Web 2.0 and its Impact on B2B Marketing Emergence of Trading Sites • Alibaba, Global Sources, India Mart, Trade India, offering global trading B2B platforms for companies, wholesalers, and resellers where they can easily buy and sell their wares through online catalogue. Its like have a world wide extended Shopping window. It has increased the reach for businesses multi fold to the farthest possible relevant point Customer Complaints, Reviews and Feedbacks • B2B Marketing got more structured and target towards customer needs and requirement. Various tools and features like getting customer reviews, 24x7 online chat center, online feedback, etc., are offered. Marketers can have an easy access to such important information helping them to strategize better accordingly.
  • 19. Web 2.0 and its Impact on B2B Marketing New tools for better B2B Marketing Emerged Importance Mobile Apps, Online interactive applications, Web modules, Flash interactive animation films, etc increased in marketing. It all increased the creative scope to in B2B marketing which was missing earlier. The whole idea is about How to engage the customers more convincingly. Web promotion Web 2.0 not just enable b2B marketers in providing a better web experience to customers but also to promote their business online in a cost effective and measurable way. Google Adwords, SEO, promotional flash banners, emails, etc became important tools that added fire power to B2B marketing of companies.
  • 20. Web 2.0 and its Impact on B2B Marketing Product Experience Product experience before making the actual buy became feasible. Product videos, animation application user guides, testimonials, etc. became all relevant and available. Hence, the marketing have became more factual and self –confessing about shortfalls. Faster buying cycle The buying is happening faster. Issues are resolved instantly. Instant price verification and competitors study became possible. Decision making started happening faster. Facts and postulates to support decision making available istantly.
  • 21. Web is the future of Marketing Transparency There is a lot of transparency infused in the marketing and the functioning of the company. A fair, authentic and matter of fact information is disseminated about the products as the audience have visible power of validating the facts and figures. Cost effective marketing The marketing cost have considerably reduced as compared to the result achieved. No more traditional mediums of promotion with excess of spill overs. More the number of marketing vehicles at considerably lesser cost.
  • 22. Web is the future of Marketing Marketing – to right people in right place at right time Web 2.0 gave flexibility to marketers to device messages specifically targeting to the customers with corresponding setup. E.g. markers can catch up their customers active on social sites and push their promotional messages in a natural pattern.
  • 23. WEB 2.0 – Application Cases Procter & Gamble Retail manufacturer's Being Girl website built a community around a brand that was otherwise tricky to market Coca Cola The drinks maker's exhaustive use of Web 2.0 keeps its brand in front of young eyes The company’s own historian and archivist makes daily posts on the Coca-Cola Conversations blog, mycoke.com, a Facebook application to promote the brand’s energy drink Burn, called Burn Alter-Ego. DeLL IdeaStorm, a website where customers can submit ideas for new products or improvements to existing services.
  • 24. Web 2.0 websites include the following features and techniques, Search - Finding information through keyword search. Links - Connects information together into a meaningful information ecosystem using the model of the Web, and provides low-barrier social tools. Authoring - The ability to create and update content leads to the collaborative work of many rather than just a few web authors. In wikis, users may extend, undo and redo each other's work. In blogs, posts and the comments of individuals build up over time. Tags - Categorization of content by users adding "tags"—short, usually one-word descriptions—to facilitate searching, without dependence on pre-made categories. Collections of tags created by many users within a single system may be referred to as "folksonomies" (i.e., folk taxonomies). Extensions - Software that makes the Web an application platform as well as a document server. These include software like Adobe Reader, Adobe Flash player, Microsoft Silverlight, ActiveX, Oracle Java, QuickTime, Windows Media, etc. Signals - The use of syndication technology such as RSS to notify users of content changes.
  • 25. B2B Portal Example tradekeyindia.com - Live Chat, Product Listing
  • 26. B2B Portal Example – Customer Complaints
  • 27. B2B Portal Example cnet.com– Product Reviews
  • 28. B2B Portal Example ingram micro – social media involvement
  • 29. B2B Portal Example b2bbloggers.com – blogging and RSS feeds
  • 30. B2B Portal Example – Company Catalogue
  • 31. B2B Portal Example – Generic Search, SEO and Adwords
  • 32. B2B Portal Example – Nokia Discussion Forum
  • 33. References • www.web2summit.com • en.wikipedia.org/wiki/Web_2.0 • oreilly.com/web2 • www.pewinternet.org/topics/Web-20.aspx