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What is Vapor Marketing

Handbook of Research on Telecommunications Planning and Management for Business
Is characterized by promising announcements to the market on products or services in advance and the management of expectations combined with additional online and offline marketing activities.
Published in Chapter:
Diffusion and Oscillation of Telecommunications Services: The Case of Web 2.0 Platforms
Tobias Kollmann (University of Duisburg-Essen, Germany), Christoph Stöckmann (University of Duisburg-Essen, Germany), and Carsten Schröer (University of Duisburg-Essen, Germany)
DOI: 10.4018/978-1-60566-194-0.ch036
Abstract
The diffusion of a Web 2.0 product or services is, unlike to traditional consumer or industrial goods, not only based on purchase. Full acceptance of Web 2.0 platforms occurs by recurring utilization. The chapter focuses on diffusion characteristics of this innovative category of ICT products and provides management concepts for competition. The concept of critical mass is applied to different growth scenarios. Additional success factors are discussed. Particularly the permanent supervision of a platform regarding its compliance with qualitative, as well as ethical and legal standards is of great importance. Adjustments to external market conditions, proactive management, and a bilateral marketing approach are a key to lasting success within the Net Economy. Markets are never settled, due to the ever changing and oscillating conditions. The chapter shows that there is always a chance to capture a market or at least to grow against competition in a Web 2.0 setting.
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