Where does Digital Marketing fit into your Business Strategy?

by | Apr 16, 2021 | Web Development & SEO

Almost every consumer uses the internet these days. Brands now need to be online to find their target audience. Digital marketing is no longer an option in your business strategy, it is now a necessity that can provide you with many opportunities. 

The following includes 13 considerations for implementing digital marketing into your business strategy. 

Find Your Audience Online

Platforms and websites attract millions of daily visitors. Top search engines and social media platforms get the most visits and engagement, and your audience can be found on each of these platforms. Having a website for your business where people can get information from you directly is crucial in the success of your business.

Each platform has different demographics and attracts a particular audience. For example, you can find a younger audience on TikTok, Snapchat, and Instagram. On the other hand, Facebook is still very popular with older people. Also, people join platforms based on their interests. For example, Twitter is great for news and politics, LinkedIn is a professional network, and there are specialized forums for each industry.

You need to figure where your target audience is online and engage with them. Even if you don’t sell something online, you can build trust and let them find your business.

Having A Clear Goal

You can decide what you want to achieve with digital marketing and go for it. Businesses use it for branding, sales, lead generation, or building an audience. If you know your goal, you can decide on your next moves.

For example, when you want to build an audience, you can create social media profiles and focus on engagement instead of promotions. The right goal depends on the type of business and the products you sell.

Increase Sales Fast

The goal of every business is to make sales. Digital marketing incorporates methods that increase sales right away. For example, you can set some advertising campaigns and target keywords with buying intent and then reach people that search for your product or service in your area.

If your budget is large enough for your industry, you will see an increase in leads or sales quickly with the correct pay-per-click or paid ad campaign. Many digital marketing methods can also increase sales in the long term, like SEO and YouTube marketing. Lastly, you can always adjust and improve your methods when you start getting results based on the metrics your strategy returns.

Increase Customer Loyalty

You can communicate with existing customers online instead of finding new ones. Your customers are already on online platforms, follow brands, and get news from different industries. If you are online and provide them with helpful content, they will keep trusting your business and keep coming back to you for answers. You become the authority in your space.

Loyal customers can come back over and over again. If you sell a product or service that they will need multiple times in the future, you should care for your existing customers. There are tools that allow you to send them offers and get orders online. When you make it easy to reach your business, they have no reason to choose a competitor the next time.

Lastly, loyal and happy customers tell their friends, and referral traffic is some of the highest quality leads you can get.

Collect More Customer Reviews

Your customers will leave reviews about your business on the internet. If you have a digital marketing strategy that improves their experience, you will reduce negative reviews and increase positive ones. The average consumer will research your business and read reviews before making a purchase decision.

The first benefit is that you can reply to their reviews, allowing you to solve problems and open up a dialogue. When you get a positive review, you can thank them and share it on social media to increase engagement. Next, you can handle the negative reviews and try to help unhappy customers. In both cases, you can improve the image of your brand by being nice and helpful.

Reach Your Audience At The Beginning Of Your Customer Journey

Traditional marketing focuses on the last stages of the customer journey, where the customer is ready to buy something. Digital marketing allows you to engage much earlier.

The customer journey starts by searching for information and then comparing products or brands. If you have a website, you can easily provide them the right information and start building a relationship with potential customers.

This is a great way to build trust and let customers come back to you when they are ready to buy. You can help them through your content and show them all their options. In the early stages, you don’t have to be very promotional but focus on adding value.

Gain Brand Credibility

People spend a lot of time online. They search for information on search engines, watch videos on YouTube, and check their feed on social media. If they can find your content regularly, they will remember your brand and your logo.

Repetition is essential when it comes to branding. Many big brands spend millions of dollars on TV ads, billboards, radio ads, etc. Digital marketing allows you to be in front of your audience’s eyes for free with organic reach. If you want to invest in paid ads, they will be cheaper than TV ads and radio ads.

Get Measured Results

You can track and measure every digital marketing campaign. Whether you set paid ads or publish content, you always know how it performs. The available metrics are important to evaluate your strategy and adjust it when needed.

Advertising programs let you know about the cost, views, and clicks you get from them, while social media have metrics relevant to the engagement. You can always get paid tools with more advanced metrics that allow you to evaluate every part of the process. On the other hand, most traditional marketing methods are not trackable. You don’t know how many people will see a billboard or how they will react to it. You only know what the account manager tells you, which isn’t always truthful. For example, they may tell you that 20k people drive past this billboard daily, but during non-rush hour traffic people may not be paying attention to your ad.

Provide Better Customer Service

Customer service can affect your refunds, reviews, and returning customers. Even if you don’t want to reach your audience online, you can create a platform where you help your customers.

If your product is a little complicated, you can educate them on how to use it. You can create articles and videos where you explain what they need to know.

Next, you can create a page with common questions (Frequently Asked Questions or FAQs) and hire a person who will receive emails and be able to respond to these inquiries. In many cases, people want a simple answer that would help them to use your product. An employee can help them with more complicated problems.

Offer Upsells

If you can sell your products on your website, it is easy to offer upsells with just one click. Once a customer buys something, you can offer relevant products based on what they have bought. You can easily add up your earnings per customer with this method.

Those who don’t have a store or a buying process online can send promotional emails to existing buyers and offer more products. In both cases, you have many chances to make more sales when your customers decide to buy something.

Global Reach

The internet has no location limitations. Many businesses can sell their products and services to any person that needs them around the world. It would not be possible with traditional marketing. For example, a web design business can work with customers worldwide by using the internet if they reach them on the right platforms.

Businesses with physical products must take care of the shipping process. But they can easily expand in new markets in the same country or the same continent. It depends on their products and how they can deliver them. So, you don’t have to focus on people only from your area unless you offer a very targeted product or the access to your business is limited to one area.

Create Multiple Marketing Channels

The online world allows you to have multiple marketing channels and get customers from many sources. You can reach people on social media, search engines, forums, video platforms, and many more. You don’t have to limit your efforts to only one method.

The best part is that you combine it with traditional marketing channels. For example, you can create a billboard or business cards and mention your website. It could generate direct traffic and make both channels more effective. You don’t have to be everywhere from the beginning but expand when it’s possible for your business.

Lower Marketing Costs

Many brands and marketers expand online because it is cheaper. You can reach people even for free if you are willing to put in a lot of personal effort. Building social media profiles and publishing content is 100% free. If you want to build a website and you don’t have the technical or creative skills required, it can get pricey.

When you outsource or hire people for these tasks, the costs are higher, but they are still cheaper than traditional marketing methods. Lastly, you can always track and measure what you get on return. If you have a positive ROI, the costs become irrelevant because any business must repeat an action that generates profit.

Conclusion

Digital marketing considerations should fit into every part of your business strategy. It allows you to reach more people, get more sales, gain brand credibility, and decrease costs. While you can still use traditional marketing methods, digital marketing should be included in your business plan. 

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