Marketers are faced with new challenges and opportunities within this digital age. Digital marketing is the utilization of electronic media by marketers to promote their products or services to their target audience. The main objective of digital marketing is attracting customers and ensuring they interact with the brand through digital media.
Digital marketing is one type of marketing that is widely used to promote products or services and to reach consumers using digital channels. And it requires a well-thought strategy to get desirable results.
Through digital media, consumers can easily access information wherever and whenever. With the presence of digital media, consumers do not just rely on what the company says about their brand but also they can follow what the media, friends, associations, peers, etc., are saying as well. Digital marketing is a broad term that refers to various promotional techniques deployed to reach customers via digital technology.
The primary advantages of social media marketing are reducing costs and enhancing reach. The fact that reach is also measurable sets digital marketing strategy ahead of other marketing channels. The cost of a social media platform is typically lower than other marketing platforms such as face-to-face sales or sales with a help of middlemen or distributors. Besides, social media marketing allows firms to reach customers that may not be accessible due to the temporal and locational limitations of existing distribution channels.
The Most Effective Digital Marketing Strategies are given below:
(i) Online advertising
Online advertising is a very important part of digital marketing. It is also called internet advertising through which a company can deliver the message about the products or services. Internet-based advertising provides the content and ads that best match consumer interests. Publishers put about their products or services on their websites so that consumers or users get free information. Advertisers should place more effective and relevant ads online. Through online advertising, the company well controls its budget and it has full control over time. digital marketing review
(ii) Email Marketing
When a message about the products or services is sent through email to the existing or potential consumer, it is defined as email marketing. Direct digital marketing is used to send ads, to build brand and customer loyalty, to build customer trust, and to make brand awareness. A company can promote its products and services by using this element of digital marketing easily. It is relatively low cost comparing to advertising or other forms of media exposure. A company can bring the complete attention of the customer by creating an attractive mix of graphics, text, and links on the products and services. digital marketing review digital marketing review
(iii) Social Media
Today, social media marketing is one of the most important digital marketing channels. It is a computer-based tool that allows people to create, exchange ideas, information, and pictures of the company’s product or services. Social media marketing networks include Facebook, Twitter, LinkedIn, and Google+. Through Facebook, a company can promote events concerning products and services, run promotions that comply with the Facebook guidelines, and explore new opportunities. Through Twitter, a company can increase the awareness and visibility of their brand. It is the best tool for the promotion of a company’s products and services. In LinkedIn, professionals write their profiles and share information with others. A company can develop its profile on LinkedIn so that the professionals can view and can get more information about the company’s product and services.
(v) Affiliate Marketing:
Affiliate marketing is a type of performance-based marketing. In this type of marketing, a company rewards affiliates for each visitor or customer they bring by marketing efforts they create on behalf of the company. The industry has four core players: the merchant (also known as “retailer” or “brand”), the network, the publisher (also known as “the affiliate”), and the customer. The market has grown in such complexity resulting in the emergence of a secondary tier of players including affiliate management agencies, super-affiliates, and specialized third-party vendors. There are two ways to approach affiliate marketing: Company can offer an affiliate program to others or it can sign up to be another business’s affiliate. If the company wants to drive an affiliate program, then, the company owner has to pay affiliates a commission fee for every lead or sale they drive to the company’s website. The company’s main goal here is to find affiliates who can reach untapped markets. For example, a company with an e-zine may become a good affiliate because its subscribers are hungry for resources. So, introducing one’s offer through a “trusted” company can grab the attention of prospects that might not have otherwise reached. digital marketing review
(vi) Search Engine Optimization (SEO)
Search engine optimization (SEO) is the process of affecting the visibility of a website or a web page in a search engine’s “natural” or un-paid (“organic”) search results. In general, the earlier (or higher ranked on the search results page), and more frequently a website appears in the search result list, the more visitors it will receive from the search engine users. SEO may target different kinds of searches including image search, local search, video search, academic search, news search, and industry-specific vertical search engines. digital marketing review
(vii) Pay Per Click (PPC)
Pay-per-click marketing is a way of using search engine advertising to generate clicks to your website rather than “earning” those clicks organically. Pay per click is good for searchers and advertisers. It is the best way for a company’s ads since it brings low cost and greater engagement with the products and services.
Advantages of Digital Marketing
With rapid technological developments, digital marketing has changed customers buying behavior. It has brought various advantages to the consumers as given below:
(i) Stay updated with products or services
Digital marketing technologies allow consumers to stay with the company information updated. Nowadays a lot of consumers can access the internet anyplace anytime and companies are continuously updating information about their products or services. digital marketing review
(ii) Greater engagement
With digital marketing, consumers can engage with the company’s various activities. Consumers can visit the company’s website, read information about the products or services, and make purchases online and provide feedback.
(iii) Clear information about the products or services
Through digital marketing, consumers get clear information about products or services. There is a little chance of misinterpretation of the information taken from a salesperson in a retail store. However, the Internet provides comprehensive product information that customers can rely on and make a purchase decision. digital marketing review
(iv) Easy comparison with others
Since many companies are trying to promote their products or services using digital marketing, it is becoming the greatest advantage for the customer in terms that customers can make comparisons among products or services by different suppliers in a cost and time-friendly way. Customers don’t need to visit several different retail outlets to gain knowledge about the products or services. digital marketing review
(v) 24/7 Shopping
Since the internet is available all day long, there is no time restriction for when a customer wants to buy a product online. digital marketing review
(vi) Share a review of the products or services
Digital marketing gives viewers a chance to share their reviews of product(s) or services with others. Using digital media, one can easily transfer and get information about the characteristics of the product or services to others.
(vii)Enables instant purchase
With traditional marketing, customers first watch the advertisement and then find a relevant physical store to purchase the products or services. However, with digital marketing, customers can purchase products or services instantly. The conversion rate is heightened with digital marketing.
These are some of the Most Effective Strategies and elements of Digital Marketing.