Digital marketing services have recently become a fairly popular promotion method for most companies. But as a rule, many business owners are trying to save on this particular costly method. Practice shows that the cost of marketing for the majority of companies doesn’t exceed 10% of total costs. Whereas the realities claim that the minimum allotted for digital marketing should be up to 50% of the product’s cost.
Since marketing is responsible for sales and market feedback, it is important to place your bets on it. The allocation of investments can be balanced by optimizing management and increasing in favor of marketing.
The effectiveness of such a balance is due to the fact that management is easier to strengthen in a shorter time frame and deformation of the budgetary framework. At the same time, digital marketing needs to provide a safety cushion in the form of stable investments in order to actually not only maintain good sales, but also increase it.
The specifics of digital marketing
Among the various terminology in the field of product promotion, the concept of digital marketing may not be familiar to everyone. Digital marketing is the promotion of goods or services using various digital channels. This concept covers a large number of tools. Among them are contextual advertising on the Internet, and advertising on TV, Wikipedia page creation and many other formats. The calling card of all digital tools is the number with which the promotion process is carried out. Moreover, if you want to get a wiki page about your business, it is highly recommended to opt for the best Wikipedia page creation service.
Since online and digital marketing are similar in some respects, they are often confused. It should be noted that digital marketing involves completing both online marketing tasks and your own. For example, when using online marketing, you include tools, such as SEO, contextual advertising, etc. Applying digital marketing also involves interacting with these promotion methods. But in addition, those methods are still used that work on digital media both online and offline.
What does digital include?
Digital marketing includes:
- SMS and email distribution
- Advertising in applications, online games, messengers
- Online radio and digital television
- Advertising on service terminals, street and interactive screens
- SEO and SEM
- Contextual advertising, banners, teaser advertising.
Not every business has the ability to connect all tools. In most cases, this is not required. It is important to determine the goals for digital marketing and the desired results of its work in order to choose the most effective methods.
Benefits of digital marketing
The ability to reach both online and offline consumers. Moreover, it is not at all necessary that he use the Internet. This allows you to skyrocket brand awareness and leads.
Excellent analytics. All interactions and contacts with users take place in a digital environment and are recorded by systems. Thanks to this, you can make the most accurate portrait of the client, as well as qualitatively analyze the effectiveness of different promotion channels.
Flexibility to attract buyers from online to offline and vice versa. By placing QR codes on advertising leaflets, you attract an audience to the company’s website, social accounts. networks, etc. The exact opposite format is the announcement of an event via e-mail. Complexity of promotion is the main feature of digital marketing. But before deciding which tools to use, it is important to determine the goals for launching advertising campaigns. It is best to contact specialists in their field in such situations. Digital agencies, based on your wishes and capabilities, will select the most effective tools for the quality promotion of your business.
Digital marketing is a type of marketing that uses various methods to promote goods and services through digital transmission of information. With it, any company can declare itself to a large audience, clearly draw a portrait of its buyer for itself and create advertising campaigns directly for its target audience.
Responsible for communication with customers and analyzing the sales of a product, digital marketing becomes an important link in the whole system of company management. That is why it is so important to invest in its development up to half of the capital allocated for the company’s expenses. After investing in marketing, you are investing in the future of your business!