The Ecommerce Bill has been passed they say. And of course it misses the radar or traditional mass media. But that's not my point here. The Sunday Observer did a report on the passing of the Bill and had a quote from Minister of Industry, Technology, Energy and Commerce,Phillip Paulwell that makes me hope he really didn't say this and pray that they took it out of context.
The story said: "Paulwell pointed out that the recently passed e-commerce Bill would deliver greater prospects to small businesses, as they would be able to bypass expensive advertising to reach a greater market via the world wide web."
Fact: Yep the Internet, a website can be a great leveler for a small business. And yes You can get greater mileage, tracking and measurement for your online advertising efforts with a smaller budget than spent in traditional mass media. BUT bypassing expensive advertising to reach a greater market cia the world wide web...ahhh no Sir. I think what you should have said was thet the Internet at this moment offers what traditional media has never been able to offer - measurable results for ad money spent. But the expensiveness or not of your advertising is highly dependent on - your product, your audience, your marketing goals and your offline and online strategy.
The Minister said: "A web presence today can get you into the living rooms of thousands and millions of homes across the globe and that is where we want to be especially if we are marketing to niche areas," the Minister said.
Yes it can Minister BUT: Let's not make it seem so easy, because it isn't and some may take it lightly. Having a website is not a case of building it and they will come. In fact because there are tens of millions of websites online, it's so easy to get lost or become forgotten.
So just like in traditional media- you have to know who your customers are, speak to then in tehir language, make them products and offers they can't refuse or not being offered by your competitor, market online and offline to build your brand. So having a website is not a panacea and uses some elements of the success formulae - a great product, good ideas, targeted marketing strategy, listening to customers and constant tweaking to win the game.
I know they said speechwriting pays, but I hope he didn't pay for that one.