Digital Marketing
What is digital marketing?
digital marketing |
How Digital Marketing Works?
How digital marketing works? |
Inbound marketing versus digital marketing
Any type of marketing can help your business thrive. However, digital marketing is becoming more important because of how accessible digital channels are. In fact, there were 5 billion internet users worldwide as of April 2022 alone.
From social media to text messaging, there are many ways to use digital marketing tactics to communicate with your target audience. Additionally, digital marketing has minimal startup costs, making it a cost-effective marketing technique for small businesses.
B2B versus B2C digital marketing
Types of digital marketing
- Search engine optimization
- Content marketing
- Social media marketing
- Pay-per-click marketing
- Affiliate marketing
- Native advertising
- Influencer marketing
- Marketing automation
- Email marketing
- Mobile marketing
Search engine optimization:
Search engine optimization, or SEO, is technically a marketing tool rather than a form of marketing in itself. The Balance defines it as “the art and science of making websites attractive to search engines”.
The most important is the “art and science” part of SEO. SEO is a science because it requires you to examine and weigh various contributing factors to achieve the highest possible search engine results page (SERP) placement.
The most important elements to consider when optimizing a website for search engines today include:
- Content quality
- User engagement level
- Mobile friendliness
- Number and quality of incoming links
In addition to the above elements, you need to optimize technical SEO, which is all the back-end components of your website. This includes URL structure, load times and broken links. Improving technical SEO can help search engines crawl and crawl your site better.
The strategic use of these factors makes SEO a science, but the unpredictability involved makes it an art.
The ultimate goal is to rank on the first page of the search engine results page. This ensures that those searching for a specific query related to your brand can easily find your products or services. Although there are many search engines, digital marketers often focus on Google because it is the global leader in the search engine market.
In SEO, there is no quantifiable rubric or consistent rule for high search engine rankings. Google and other search engines change their algorithm almost constantly, so it is impossible to make accurate predictions. What you can do is closely monitor your site's performance and adjust your strategy accordingly.
Search Engine Optimization |
Social media marketing:
- Blog posts
- E-books
- Information bulletins
- Video or audio transcripts
- White papers
- Infographics
- 84% of consumers expect companies to produce entertaining and useful content
- 62% of companies with at least 5,000 employees produce content daily
- 92% of marketers believe their company values content as an important asset
Social Media Marketing |
- 90% of US consumers find personalization “very” or “somewhat” appealing
- 81% of consumers would like the brands they interact with to understand them better
- 77% of companies believe in the value of real-time personalization, but 60% struggle with it
- Collect and analyze consumer information
- Design targeted marketing campaigns
- Send and publish digital marketing messages at the right time to the right audience.
Marketing automation |
- It personalizes the content, both in the body and in the subject
- It clearly states what emails the subscriber will receive
- An email signature that offers a clear opt-out option
- It integrates both transactional and promotional emails
- Segment your audience and send relevant campaigns to the right people
- Make sure emails look good on mobile devices
- Create a campaign plan
- Run A/B tests
Mobile marketing is a digital marketing strategy that allows you to engage with your target audience on their mobile devices, such as smartphones and tablets. This can be via SMS and MMS messages, social media notifications, mobile app alerts, and more.
It’s crucial to ensure that all content is optimized for mobile devices. According to the Pew Research Center, 85% of Americans own a smartphone, so your marketing efforts can go a long way when you create content for computer and mobile screens.
Mobile marketing |
The benefits of digital marketing
- A broad geographic reach
- Cost efficiency
- Quantifiable results
- Easier personalization
- More connection with customers
- Easy and convenient conversions
A broad geographic reach
When you post an ad online, people can see it no matter where they are (provided you haven’t limited your ad geographically). This makes it easy to grow your business's market reach and connect with a larger audience across different digital channels.
Cost efficiency
Digital marketing not only reaches a broader audience than traditional marketing but also carries a lower cost. Overhead costs for newspaper ads, television spots, and other traditional marketing opportunities can be high. They also give you less control over whether your target audiences will see those messages in the first place.
With digital marketing, you can create just 1 content piece that draws visitors to your blog as long as it's active. You can create an email marketing campaign that delivers messages to targeted customer lists on a schedule, and it's easy to change that schedule or the content if you need to do so.
When you add it all up, digital marketing gives you much more flexibility and customer contact for your ad spend.
Quantifiable results
To know whether your marketing strategy works, you have to find out how many customers it attracts and how much revenue it ultimately drives. But how do you do that with a non-digital marketing strategy?
There's always the traditional option of asking each customer, “How did you find us?"
Unfortunately, that doesn't work in all industries. Many companies don't get to have one-on-one conversations with their customers, and surveys don't always get complete results.
With digital marketing, results monitoring is simple. Digital marketing software and platforms automatically track the number of desired conversions that you get, whether that means email open rates, visits to your home page, or direct purchases.
Easier personalization
Digital marketing allows you to gather customer data in a way that offline marketing can't. Data collected digitally tends to be much more precise and specific.
Imagine you offer financial services and want to send out special offers to internet users people who have looked at your products. You know you'll get better results if you target the offer to the person's interest, so you decide to prepare 2 campaigns. One is for young families who have looked at your life insurance products, and the other is for millennial entrepreneurs who have considered your retirement plans.
How do you gather all of that data without automated tracking? How many phone records would you have to go through? How many customer profiles? And how do you know who has or hasn't read the brochure you sent out?
With digital marketing, all of this information is already at your fingertips.
More connection with customers
Digital marketing lets you communicate with your customers in real-time. More importantly, it lets them communicate with you.
Think about your social media strategy. It's great when your target audience sees your latest post, but it's even better when they comment on it or share it. It means more buzz surrounding your product or service, as well as increased visibility every time someone joins the conversation.
Interactivity benefits your customers as well. Their level of engagement increases as they become active participants in your brand's story. That sense of ownership can create a strong sense of brand loyalty.
Easy and convenient conversions
Digital marketing lets your customers take action immediately after viewing your ad or content. With traditional advertisements, the most immediate result you can hope for is a phone call shortly after someone views your ad. But how often does someone have the time to reach out to a company while they're doing the dishes, driving down the highway, or updating records at work?
With digital marketing, they can click a link or save a blog post and move along the sales funnel right away. They might not make a purchase immediately, but they’ll stay connected with you and give you a chance to interact with them further.
How to create a digital marketing strategy
For many small businesses and beginner digital marketers, getting started with digital marketing can be difficult. However, you can create an effective digital marketing strategy to increase brand awareness, engagement, and sales by using the following steps as your starting point.
Set SMART goals
Setting specific, measurable, achievable, relevant, and timely (SMART) goals is crucial for any marketing strategy. While there are many goals you may want to achieve, try to focus on the ones that will propel your strategy forward instead of causing it to remain stagnant.
Identify your audience
Before starting any marketing campaign, it’s best to identify your target audience. Your target audience is the group of people you want your campaign to reach based on similar attributes, such as age, gender, demographic, or purchasing behavior. Having a good understanding of your target audience can help you determine which digital marketing channels to use and the information to include in your campaigns.
Create a budget
A budget ensures you’re spending your money effectively towards your goals instead of overspending on digital marketing channels that may not provide the desired results. Consider your SMART goals and the digital channel you’re planning to use to create a budget.
Select your digital marketing channels
From content marketing to PPC campaigns and more, there are many digital marketing channels you can use to your advantage. Which digital marketing channels you use often depends on your goals, audience, and budget.
Refine your marketing efforts
Make sure to analyze your campaign's data to identify what was done well and areas for improvement once the campaign is over. This allows you to create even better campaigns in the future. With the help of digital technologies and software, you can obtain this data in an easy-to-view dashboard. Mailchimp’s digital marketing analytics reports will help you keep track of all your marketing campaigns in one centralized location.
Digital marketing creates growth
Digital marketing should be one of the primary focuses of almost any business’s overall marketing strategy. Never before has there been a way to stay in such consistent contact with your customers, and nothing else offers the level of personalization that digital data can provide. The more you embrace the possibilities of digital marketing, the more you'll be able to realize your company's growth potential.
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