The value of digital marketing, in an increasingly digital-first world, cannot be overstated. If there is one thing that can drive business success in the age of PPC, social media, artificial intelligence and augmented reality – it’s digital marketing. So, what exactly is digital marketing used for? This article looks at how digital marketing can give a business direction, enlighten it on its customers, help it to establish a value structure, and improve the organisation’s overall performance:
– Gives Your Business Direction
Too many businesses are operating the way business did 20 years ago. What worked in the dark ages won’t hold water in the light, and organisations that aren’t prioritising technological advancement to keep up with the rapidly digitalising world will – like rudderless skips – be doomed to flounder. A digital marketing strategy covers all aspects of an organisation, from customer services through to manufacture and logistics. Often, a marketing strategy ends up being the impetus required to facilitate an overarching strategy for the organisation.
– Get To Know Your Customers
Who are your customers, what do they like, and what are they buying from you? It will be a mammoth task to go and enquire along these lines with each and every client in person, but this data is invaluable to a company in the modern business environment. Customers leave behind traces of themselves when interacting with a brand online, and these markers can help a modern organisation optimise their brand experiences across the board. If you know your customers, you know what they want. If you know what they want, you’ll never go out of business.
– Get To Know Your Competitors
Another important function of digital marketing is the ability to conduct competitor research. When a business interacts on digital platforms, it is putting its brand out there for the world to see. A quick way to see what you might be doing wrong regarding your business’s promotional efforts is to see how well your competitors are doing with theirs. Digital platforms like social media and forum sites allow you to see what people are saying about your competition, and how to improve your own marketing by learning from their pitfalls.
– Build A Stakeholder Network
The biggest advantage digital marketing offers a business is the ability to tap into markets they’d otherwise never be able to access. For example, social media sites like Facebook allow for large networks of people to engage and interact with a brand. Should the brand’s marketing be done in such a way that their content is highly shareable, and their followers share the content, this gives them access to even more people through the follower’s social network.
A fundamental understanding of digital marketing is critical for any aspiring marketing professional hoping to survive and thrive in the new normal.
The DSM accredited Digital Marketing course equips the modern marketer with essential knowledge and skills required to succeed in this highly competitive industry. Get in touch to find out more about any of our qualifications!
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