Digital marketing is the cover-all term that we use for mobile apps, social media, online advertisements, blogging content, and more. Any way that you engage or try to reach your customers online can be classed as digital marketing.
Smaller businesses will usually handle this themselves for a while, but it will be better handled by a digital marketing company over time.
To remain competitive and meet people where they are (which is mostly online), you will need to have a digital marketing strategy.
But why do you need it?
Measurements
When you hand out flyers or use print ads, it can be difficult to see how effective they have been. You’d need to ask every customer how they found you. When you use digital marketing as one of the preferred methods, you have immediate access to all of the information you need.
You’ll know if it is Instagram or Twitter doing the heavy lifting; you’ll know how people navigate around your website, where they are from, the device they use, and more.
With this information, you can set specific goals and use the data to measure the effectiveness of your campaigns.
Relationships
Around 5 billion people use the internet, which is about 63% of the population, and your audience is in that 5 billion. But if you aren’t online and aren’t using your social media platforms, you’re missing out on those possible relationships. Like the ones that Flooring Pros Marketing – digital marketing solutions for flooring companies build every single day.
Not just that, but once you start to engage with your audience, you can build your reputation and those relationships. Converting people from a like on your Instagram photo to making a purchase.
This is an audience that you might’ve missed out on if you hadn’t been using digital marketing.
Level playing field
Small and new businesses have managed to go viral and sell out a product with a single post on social media or a well-created advert. In the early days, most start-up businesses have both limited time and budget. This can feel like it clips your capabilities, but you can use your digital channels however you like without putting a lot of money into advertisements.
Even a low-cost campaign can reach a wider audience, and if you really know who your audience is, the content you create will resonate with them – and they’ll interact and increase the visibility.
Revenue
We live in a digital world where billions of dollars, pounds, and yen are being spent online every minute. When you work with your digital platforms and use your data to refine your message, you are likely to see higher revenue.
An effective digital marketing plan will increase the number of leads you have, and it will make sure that they are relevant too. The more relevant the lead, the more likely you will see a conversion.
So does every business need digital marketing? The answer is a firm yes – but to what degree will depend on your industry and the customers that you are trying to reach. Traditional marketing and digital marketing can work perfectly together to give the best results.
Keep in mind that not everyone who starts a business is a digital marketing wizard, you might have plenty to learn, and that’s fine: It’s Ok Not To Know Anything About Social Media For Your Business.