What Is Digital Marketing?
Digital marketing, or “digital merchandising,” refers to using online content and tools such as SEO to drive clicks, chats, calls or sales. It encompasses SEO-ing web pages as well as creating original content or running social media campaigns aimed at engaging consumers online.
Digital marketing, unlike its futuristic incarnation in Minority Report from 2002, is already here and should be included as part of your marketing strategy. Here are a few key reasons to do so:
It’s Affordable
Digital marketing can be an efficient and cost-effective way to reach a broad audience. Beyond traditional methods like television and print ads, digital services provide services that target demographics with personalized content and social media campaigns tailored specifically to target them. By optimizing return on investment (ROI) and meeting business goals through these channels, businesses can maximize return on investment (ROI).
Digital marketing is both cost-effective and measurable, using analytics tools to measure customer acquisition cost (CAC). Furthermore, its flexible nature enables businesses to set realistic yet achievable goals through digital marketing.
Robyn Davidson serves as Expert Market’s Grow Online Editor, where she creates and commissions content to assist businesses thrive online. A seasoned business journalist, she has written for various publications like Money Saving Expert, Camden New Journal and Global Trade Review. Davidson holds a Master’s in Journalism from City University London and is passionate about helping small businesses realize their full potential.
It’s Effective
Digital marketing enables you to target a specific audience with messaging that drives conversions and business growth. Through powerful analytics tools, you can assess campaigns real-time and optimize them for maximum effectiveness.
Create your digital marketing strategy around your company’s major goals easily – whether that means increasing brand recognition or sales of a particular product or service. For example, to drive more visitors to your website you could invest in SEO and paid ads to reach a desired audience.
Digital marketing gives your customers an easy and direct channel of communication with you, helping you form long-term relationships and foster customer loyalty. Through email, SMS, social media posts or blog comments you can receive feedback directly and adjust campaigns based on this input – something traditional marketing methods simply cannot achieve.
It’s Trackable
Digital marketing campaigns are trackable, which allows you to measure their success against similar efforts and compare results across campaigns. This provides data-driven insight into what works and doesn’t – helping you refine and optimize your strategy accordingly.
When users visit websites, tracking tags record their actions. These tags then push into a backend section called ‘data layer’ for categorization and analysis before being passed along to analytics tools which provide further useful data that can inform future marketing decisions.
Without reliable tracking parameters in place, it can be hard to accurately gauge the success of a marketing campaign. By having reliable tracking parameters in place, however, you’ll know exactly how your marketing is faring.
It’s Personalized
Digital marketing can make customers feel as though brands are speaking directly to them through emails and social media posts, creating customer loyalty while standing out in a competitive marketplace. It’s one of the best ways to capture attention and drive results!
Personalization is no mere buzzword – customers expect personalized communications that meet their specific needs, interests and purchasing behavior from their preferred brands.
Businesses can leverage personalization to deliver tailored marketing content and experiences across various channels such as website analytics, email marketing, paid advertising and smart products. A successful personalized marketing campaign requires ethical data collection practices such as using analytics that track browsing or purchase behavior as an effective means to tailor messaging without disrupting user experiences; by contrast, surveys or forms require more time to complete and are often perceived as intrusive.
