08 Dec Harnessing the Power of Digital Marketing
Digital marketing is the advancement of your organization or brand using one or more of the various digital channels, such as email, cellular phones, social networks and the like. For businesses with big plans and small budgets, this type of marketing has many benefits. Here are just a few reasons why you and your business should harness the power of digital marketing:
- You can build more engaging relationships
There is much more potential to reach a larger and more targeted audience using digital marketing. With this comes the opportunity to engage with the right audience in more meaningful ways. You can respond quickly to queries, join in conversations, outreach to potential customers and take on board any feedback almost immediately.
- You get realtime results
Digital marketing enables you to implement a campaign almost instantaneously and you don’t have to wait for weeks to see it come to life. The added bonus is that you can monitor your campaign results whilst they are running so if they’re not performing as well as you’d hoped, you can change your tactics or put it on hold. You will be able to measure things like how well your posts or promotions are performing, if your subscribers or website visitors have increased since the start of a campaign and, importantly, what content is driving them to your site.
- It’s more cost-effective
Most traditional forms of marketing such as print, radio and television advertising can be expensive and it is often difficult to measure return on investment (ROI) due to its one-way style of communication. With digital marketing there are many other affordable assets that businesses can use such as email, social media, and banner ads. These methods offer ways to open up engaging conversations with customers and you can accurately track the results by measuring clicks, email responses and general interaction with your digital marketing. This tracking means that you are able to measure Cost Per Click (CPC) – how much it costs you every time someone interacts with your advertising – which in turn means you can measure your campaign effectiveness more easily.
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