Friday, November 30, 2018

5 ADVANTAGES OF ONLINE MARKETING


5 ADVANTAGES OF ONLINE MARKETING


In this digitization era, marketing is incomplete without online marketing. Online marketing is the use of a diverse and evolving set of Internet based digital techniques to reach targeted audiences. These techniques include (but are not limited to) content marketing, social media, websites, search engine optimization, online video, email marketing, paid search, and more.

Some of the advantages of Online Marketing include:

  1. Global reach:  Online Marketing has the capacity to highlight your brand beyond your local area and reach out to your target audience. The web permits you to associate with individuals around the world at the same time. You do not need to be there, and you do not need to travel. Your brand achieves worldwide presence through different digital marketing techniques like email promoting, blog/content advertising, Social Media marketing, pay-per-click (PPC) and so on.
  2.  Lower cost: A properly planned and effectively targeted digital marketing campaign can reach the right customers at a much lower cost than traditional marketing methods. To channelize a successful digital marketing campaign, you need quite a less or no start-up capital. You may begin with blog promotion, web-based social networking, and email advertising. These include lesser investment contrasted with traditional advertising methods.
  3.  Better conversion rates: Online marketing paves the way for better conversion rates. Getting leads from online business is easier than traditional offline marketing. The best part is that all of this can be tracked using online insight, evaluation and tracking tools.
  4. Faster growth: Online marketing is a great platform for all types of businesses. Even a small business which has just initiated online marketing can succeed by wisely planning online marketing strategies for their brand. We found that firms’ growth rates rise along with the proportion of leads generated online, up until the point where 40% or more of leads originate online. Firms that generated between 40% -59% of leads online grew at four times the rate of those with off online leads.
  5.  Analyzing and Evaluating: In traditional marketing businesses have to wait for days to analyze and evaluate their best performing marketing techniques and campaigns, whereas, online marketing makes it possible to evaluate every business action taken instantly. This is possible because as people start to engage with the campaign, it is easier to track insights. These include reach, traffic to website, likes, shares, etc. Running campaigns on Twitter and Facebook gives insights and analytics from within these applications itself.


Together, all of these aspects of digital marketing services and solutions have the potential to add up to more sales.