What is digital marketing all about?
Before i had given you the information of about what is marketing, please click here to read the info about the Digital marketing
If
you are wondering what digital marketing is… it’s is advertising delivered through
digital channels, such as social media, mobile applications, email, web
applications, search engines, websites, or any kind of new digital channel.
“Digital marketing is any form
of marketing products or services that involves electronic devices”.
That’s the reason it has been around for
decades (because electronics have) and why it doesn’t necessarily have anything
to do with content marketing, Google ads, social media or retargeting.
Digital marketing can be done both online and offline.
And, both kinds matter for a
well-rounded digital marketing strategy.
Benefits of
Digital Marketing
1.
Better Growth Options For Small business
The importance of
digital marketing for business lies in the option to select your method of
marketing as per your budget and reach a wider audience at a lesser cost. Even
a decade back getting your product marketed especially for a small business was
a task in itself. They had to resort to small level methods where the guarantee
of success was close to negligible.
2. Higher Conversion Rate
The businesses
that are opting for digital marketing are able to measure conversation through
real-time using a simple method. That is identifying the percentage of viewers
who get converted into leads and then subscribers and in the end finally
purchasing the service or product. SEO, Social media marketing and Email
marketing are methods which have a high conversion rate as they are able to
generate a quick and effective communication channel with the consumer.
Surprisingly all the traffic that you may get
on your website may not be fruitful hence digital marketing lets you reach out
to only those who have the need for your kind of service hence offering better
lead conversions.
3. Better ROI for your Investment
Before the digital marketing budget allocations were done individually to handle each
kind of marketing medium the situation becomes more progressive now, even a
small level of investment done in a mode of email marketing has the potential
to deliver results in terms of customer engagement. Using web analytics helps
the business owners know whether your website is providing optimal Return on investment.
4. Digital marketing is Cost-Effective
A small business needs to save up on its
resources before it finally goes into the green zone and starts making profits.
Digital marketing gives you the scope to reach out to many customers at the
same time and that too within your budget. You can plan your marketing strategy
such that you only use modes that lie in your budget. If there is a budget
constraint then you should always target your niche audiences.
5. Potential to Earn Higher Revenues
Since the amount of money invested is less and
the ROI is more the scope to make money is much higher. As per a study
conducted by IPSOS Hong Kong in accordance with Google has shown that compared
to traditional methods, digital marketing is known to generate 2.8 times more revenue.
This coupled with the fact that the conversion rates here are much high ensure
that you are minting money as soon as you enter the fray.
6. Computable Form of Marketing
It is very
difficult to track record of success from traditional marketing but with the
use of digital marketing tactics, every step of success is measurable. Digital
Marketing works in real-time as it shows the success of each and every tactic
that has been used. Through this, you may choose the best tactics that show the
best results. After that, you can easily make changes in your campaigns to
achieve greater success.
These are some of the extensive benefits of
the digital marketing.
Upcoming next why
should you learn digital marketing?
If you have any Question feel free to comment.
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Very effective information.Thanks Sami
ReplyDeletethanks
DeleteMind blowing information.
ReplyDeleteThanks Mr Sami