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Business-to-Business Internet Marketing, Fourth Edition - Lifecycle ...

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222 BUSINESS-TO-BUSINESS INTERNET MARKETING<br />

8<br />

Using <strong>Business</strong> Communities<br />

and Exchanges<br />

222<br />

Unlike any medium before it, the <strong>Internet</strong> creates a sense of community.<br />

Early on, there were newsgroups, bulletin boards, and chat rooms.<br />

At first, bulletin boards met the needs of technical audiences with a<br />

hunger for information and advice, but as information sharing became<br />

commonplace, full-fledged communities started <strong>to</strong> populate the <strong>Internet</strong>.<br />

Now communities have advanced <strong>to</strong> the stage where there are different<br />

classes—not just communities, but portals, vortals (vertical portals),<br />

hubs, auctions, exchanges, e-marketplaces, and more—a dizzying array<br />

of options, each with its own twist.<br />

Although many of these communities are designed for consumers <strong>to</strong><br />

chat, trade, and interact, the fastest-growing area of <strong>Internet</strong>-based community<br />

is on the business-<strong>to</strong>-business side. Deloitte Consulting<br />

(www.dc.com) estimated that b-<strong>to</strong>-b e-marketplaces alone grew from<br />

about 500 in June 1999 <strong>to</strong> 1,400 just one year later. Of course, that was<br />

before the dot-com shakeout of early 2001.<br />

Nonetheless, it makes sense for the b-<strong>to</strong>-b marketer <strong>to</strong> think of every<br />

form of business community as a potential marketing opportunity.<br />

You can capitalize on the concept of community not only by participating<br />

in communities on the <strong>Internet</strong>, but by creating one of your own if

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