Why Is Digital Marketing So Important For Business?
In the span of a few short years, much has changed. In just about each way, the world has moved over from analog to digital and it is the time your business did so too.
Traditional marketing has set some barriers for startups and small businesses particularly the prohibitive costs that make it hard to reach your target audience and communicate with them. On the other hand, digital marketing has provided wider opportunities for businesses to grow, reach their target audiences, create long-lasting relationships, and generate many quality leads.
Businesses that hire a digital marketing agency to enjoy many benefits discussed below:
It is often said that online marketing is free but this is just a myth. Obviously, when compared to traditional marketing, it is quite affordable. In the past, it was only possible to market your business using traditional means including newspapers, TV, magazines, directories, and phone books. However, your customers are now online and you should thus be targeting them there.
Online marketing costs a fraction of the traditional market but can potentially reach a much wider audience. It levels the playing field when it comes to competing against much larger businesses with larger marketing budgets. Pay-per-click, banners, social media, and email advertising are all within your reach as they are for your greatest competitors.
All you need to do is invest your creativity and time and you can save much. If your desire is to gain leads and gain a higher reach, you simply need manpower, time, creativity, an amazing strategy and a just bit of funding to execute your strategy.
Traditional marketing favored those with the biggest of budgets since they eventually won the customer. However, digital marketing levels out the playing field and allows for creativity. High levels of motivation and creativity make it possible to out-research and out-strategize your competitors with much deeper pockets in a bid to out-perform them.
You can use clever content and creative ideas with your blogs to ensure that your audience is not only engaged, entertained, and updated but also that your SEO value is the highest it can be.
3. Gaining Visibility On The Search Engines
Online marketing or digital marketing does not just refer to creating websites. The presence of a website online only makes sense if your target audience gets to land on it and this is only possible if your website is visible to them. Doing the right Search Engine Optimization (SEO) for your website brings the target audience to your website through improved search engine rankings.
4. The Reach
While a decreasing number of people are currently buying print media, an increasing number of people of all generations and ages and belonging to different socio-economic groups are now turning to digital media such as iPads, laptops, smartphones, and desktops. According to statistics, a country such as Australia has over 90 percent of its population currently online. That is a massive group of potential clients all within your reach.
5. Going Mobile
Today, more people are spending more time on their portable smart devices compared to desktops and laptops. Digital marketing provides an opportunity for businesses to promote their products and services on mobile devices in a smarter manner. Digital marketing makes products and services available to customers anytime and anywhere. It is now the ideal time to integrate mobile-oriented digital marketing strategies targeted towards mobile customers since you will enjoy quicker brand building and growth.
You can be marketing a product digitally to a specifically-targeted audience by the simple click of a mouse button. In addition, by being in control of your website’s LinkedIn, Twitter, and Facebook accounts, you are able to ensure that any strategy changes you have in mind are delivered instantaneously to clients without the involvement of an expensive and sluggish middle-man.
7. Quicker Conversions
It is all good to get traffic to your website quicker but it won’t mean much if it is not converting. Conversions can be sign-ups, subscribers, sales, or leads. If you adopt digital marketing strategies, your marketing efforts can deliver excellent conversions and it is easy to measure your success.
8. Increase in Return On Investment (ROI)
Return on investment in the business is the result all investors and business owners look for. Digital marketing produces desired results and helps you measure subscribers, sign-ups, and audiences that make online purchases or provide contact details making it possible to monitor your conversions and revenue. A good digital marketing strategy increases targeted traffic to your site, increased conversions, and revenue for your business eventually increasing your ROI.
9. Customer Interaction
One of the key benefits of adopting digital marketing as opposed to traditional marketing is the ability to interact directly with customers and target audience. Digital marketing uses different platforms including your website, e-commerce and web applications, or social media through which your audience can reach you directly to ask questions or even complain. How you interact with your audience and cater to their queries can either make or break your brand.
Having productive conversations with customers about your products and services helps to build the trust your customers have in your brand. Trust attracts a loyal client base for your business and they can actually provide word-of-mouth referrals to your business, which is excellent.
In traditional marketing, it is hard if not impossible to actually measure conversions. Obviously, you could calculate your revenues and ROI but it is not practically possible to measure each individual action undertaken by your target audience. Digital marketing provides you with different Analytics tools you can use to measure your customer’s actions and your efforts whenever possible. Measuring performance provides you with different opportunities to grow as a brand, which is something your clients would love.
The digital revolution is responsible for connecting the world in ways previously unforeseen and regarding marketing your service or product, it is excellent news. Digital marketing is so important for your business since it is quickly replacing the traditional marketing methods, which might be completely phased out in just a couple of years. If you haven’t started using digital market today, consider using it today so that you can enjoy the 10 digital marketing benefits discussed above.