What Is Yahoo?
What Is Yahoo?
Yahoo! is the premier digital media company. It was founded in 1994 by two Standford
PhD candidates, David Filo and Jerry Yang. Yahoo! became a company that helps people
search the Web and look for what they need. Yahoo! now is a leading global brand that
creates personal digital experiences using technology, insights based on data, and
intuition. More than half a billion consumers (which is 1 out of every 2 internet users)
now use Yahoo! to get trusted information and to connect with people, communities,
topics, and trends in the most simple and trusted ways. Yahoo! focuses on creating
content, communication, and community platform that spreads consumer experience and
advertising solutions around the world in more than 30 languages.
Yahoo! is different than its competitors including Google, MSN, and AOL because it
delivers the internet experience that people wish for. That happens through a more
personal and segmented experience Yahoo! users go through depending on their
location, interests, and demographics. Yahoo! follows a strategy in making it your
world, your way.
Yahoo! was able to become popular and stand out among other websites in the World Wide
Web. This popularity could be best described by the FAB elements, which are Features,
Advantages, and value. To start with the features:
Features:
What's Cool: Yahoo! presents its users with information that is considered “cool”
and match the taste of their users who find this information amusing, extraordinary,
or especially useful content.
What's New: Yahoo! sends the latest information simultaneously along with what
have happened in the previous week.
Random Link: Yahoo! provides their users with random links from their database
where the users would be surfed into a website that would most probably match their
taste.
Headlines: Yahoo! provides their users with the latest information, and what is
happening on the spot along with some particular categories such as Business,
Entertainment, Sports, International, and U.S. Politics.
Picks of the Week: is updated weekly, and contains websites rated as “good” for
different reasons e.g. timely, enlightening, crazy…etc. It also includes the weekly
world tour, stressing good stuff in regional categories.
Yahoo! for the Day: everyday Yahoo! presents a range of sites from its new
additions that are thought to be important
Advantages:
-Instant: Yahoo! can be considered as an immediate website, meaning that users can find
the information they are looking for at anytime without any difficulties.
- Interactivity: With yahoo’s website, Users can easily communicate with each others. For
example, through the Yahoo! messenger users can easily communicate with each other at
anytime and in any place.
Value:
Yahoo! added up to the value of its users because it combines the new technology with what
people need, along with generating an engaging and meaningful experience. Their main
concern is to keep Yahoo! users entertained, productive and informed. Yahoo’s mission is to
make the information that matters to users whether in their world or the world around them
convenient at any time and at any place. And, as a result this makes the users’ experience
customized and the digital world more and more personal which also adds up to the value of
their users. Yahoo’s website monitors the users’ passions and interests, and lets them get
more from the Web so they can get more out of life. Last but not least, the fame of Yahoo! is
explained through the FAB elements, not only that but its success in being a global brand
happened through communicating its mission and their vision globally, which is being the
center of people’s online lives.
According to web traffic analysis in the United Arab Emirates and the Middle East, Yahoo!
has been the most visited website on the Internet, with more than 412 million unique users.
Yahoo! provides a wide array of internet services that cater to most online activities. It
operates the web portal http://www.yahoo.com which provides contents including the latest
news, Yahoo! Finance and gives users quick access to other Yahoo! services like Yahoo!
Mail, Yahoo! Maps, Yahoo! Groups and Yahoo! Messenger. Over 50% of the users on
network visit to use their Yahoo! email.
The tables below summarize Yahoo’s marketing classification according to the “Simple
Digital
Information
Service
Interactive
Entertainment
Mixed
Content/Information
Market Coverage
Local
National
Regional
International
Global
5. Please visit Yahoo! website and identify the key features of Yahoo! Internet
marketing. (Please see textbook, p. 133)
Having the following survives on Yahoo! website are the key features of Yahoo! internet
marketing:
6. Please create a web-marketing plan that aims at launching Yahoo! Middle East.
Executive Summary:
Company Analysis:
Yahoo! is an American company that provides a variety of services and platforms on the
Internet. It is the premier digital media company, which was founded in 1994 by two
Standford PhD candidates, David Filo and Jerry Yang. Yahoo! became a company that helps
people search the Web and look for what they need. Yahoo! now is a leading global brand
that creates personal digital experiences using technology, insights based on data, and
intuition. It is also one of the most visited websites on the Internet, having more than half a
billion consumers (which is 1 out of every 2 internet users) who use Yahoo! to get trusted
information and connect with people, communities, topics, and trends in simple and
trustworthy ways.
Purpose: Yahoo’s purpose is to operate, store, and track information. To provide Internet
users with a variety of reliable content, which include news, entertainment, sports, and give
them access to Internet communication platforms that include Yahoo! mail, Yahoo!
messenger, Yahoo! maps, Yahoo! finance, Yahoo! groups, Yahoo! mobile, Yahoo! shopping,
etc.
Goal: To increase market share in the Middle Eastern region and reach a larger number of
Arab users by launching the Yahoo! website and all the Yahoo! platforms in the Arabic
language.
The market environment focuses on looking at both the internal and external situations that
affect Yahoo’s popularity, and its market share of users and advertisers. These can be
demonstrated through a simplified SWOT analysis.
STRENGTHS WEAKNESSES
- Yahoo! is a popular and well - Differentiation is difficult for Yahoo.
established brand in the market with Almost all of its services are also
more than 350 million users of its available from other sources.
services and solutions - Online advertising is a major income
- Yahoo! has a strong mobile market for Yahoo! but it used heavily in
with Internet services personalized techniques that can drive users away
for the user and designed for to alternative option. Ex: popup ads
different phones
- Yahoo! provides a large variety of
products and platforms for it users
internationally.
- Yahoo! has strong partnerships with
VISA and MLB
OPPORTUNITIES THREATS
- International markets and niche - All of Yahoos’ services have
markets have a large number of powerful competitors such as AOL,
Internet users. They can be reached Google, etc.
by providing them with relevant - Google is widely popular on a local
services and platforms. and international level; it holds
- The Development of the Yahoo! approximately 50% of all online
Directory has potential for new searches.
business and income streams. - Social media websites such as
- The increasing popularity of Internet Facebook and twitter are also on the
access on mobile devices encourages rise and taking up most online
for future mobile services and advertising.
solutions.
Distribution Channel: Yahoo! is a company that follows the only clicks business model,
wherein all its products and services are offered only online. The distribution channel for
Yahoo! is the Yahoo! website itself “ http://yahoo.com “, which integrates all of its
different platforms and services all in one place for offering the user with the uttermost
convenience. All of the Yahoo! platforms including Yahoo! mail, Yahoo! messenger,
Yahoo! directory, etc can be downloaded directly via the Yahoo! website. The Yahoo!
website serves as the gateway between the user and yahoo’s multiple services.
Forecasting:
This phase foresees the outcomes if the marketing objectives were met.
Reaching a large international target audience, in specific the Arab majority, who
counts as a big population around the world.
Increasing advertising revenues and implementing user-friendly advertising
methods.
Overcoming competitive brands through the number of online searches or
achieving the breakeven point with competition.
Marketing strategy
8. Can Yahoo! secure a rapid success in creating a major global brand name in the Gulf
region?