Importance of Online Advertising

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IMPORTANCE OF ONLINE ADVERTISING

Importance of Online Advertising

Kathy Kudler opened Kudler Fine Foods in 1998 to allow people with one place to shop for a broad medley of fresh food one would find at specialty stores. Kathy had success with her store and soon expanded into two other locations and has a vision of further expansion along with creating a mutual relationship with her customers. Although she has developed good plans to help market her stores, she has neglected the importance of online advertising and needs to expand her marketing scheme on her website. The article More Marketing Goes Online (2007) evaluates the increase of electronic commerce and the necessity of online marketing tools. The importance of online marketing is emphasized by the fact that most people use the internet to learn about products and search for the best deals. The internet has become an important source of information for individuals and has grown to encompass a wide variety of uses.

Kudler Fine Foods is a gourmet groceries store located in southern California. Kathy Kudler opened the store because she has a passion for cooking and was tired of driving around town to obtain the ingredients she needed at specialty stores. This store was a place where she could do all her shopping and believed that others who shared her passion for cooking would also appreciate her store. Kathy was met with approval and her store was a success. She quickly opened in other locations in 2000 and 2003.

Kathy plans to continue expanding as well as to create a mutual relationship with her customers. One of the marketing strategies Kudler uses are cooking parties held at the store; where famous chefs are invited to come show visitors how to prepare exquisite meals. Such events draw people into the store to help encourage consumer purchasing. Kudler events are also offered at private residences for a fee.

A shopper loyalty award system is another strategy Kudler uses; where consumer purchases are tracked and points are awarded to the customer who later can trade points in for various high quality rewards. An award system encourages consumer spending and allows Kudler a way of keeping track of a costumer’s purchases to help provide insight as to best satisfy that person’s needs.

Another strategy Kudler is pursuing is the cutback of costs associated with purchasing and storing of goods and lost cost associated with untrained professionals and bad company logistics.

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