Does your business invest in digital marketing? If not then you are leaving an enormous opportunity on the table to take your business to the next level and now is the moment that your business gets caught up with the current marketing landscape.
I am not one to judge by any stretch of the imagination, I was very late to the digital marketing party and it was only because of my great friend V Reddy Kancharla that I explored the options of marketing online for a small side business which I have. Since I began to invest in digital marketing it didn’t take long for me to realize that Reddy was right on the money when he told me just how positive it would be for the business to market in this way. In reality, any traditional marketing techniques are nothing in comparison to what can be achieved through online marketing.
Hopefully, once you have read this, you will be online looking for a digital marketing agency that can help you to reach your business goals. Here is exactly why digital marketing is so important.
Return on Investment
In most cases, the people who haven’t yet invested in digital marketing are those who don’t have the desire to spend the money or who believe that they don’t have the capital in the business to spare. The first thing to say about this is that digital marketing is most certainly an investment and not a cost. Within just a few months of investing in a digital marketing strategy, you will see that money comes straight back into the business via sales.
Something which so many businesses are failing to see is that it isn’t important whether their business operates online or offline, the customers are most certainly online and that is how they are finding new businesses to use. Imagine that you are in high street A which has always been a popular street, then let’s imagine that a new high street is built and high street B is suddenly the hottest place to be, 95% of those who used to shop at high street A are not looking at high street B for all of their needs, would you remain in high street A, or would you seek to move, or open a second store on high street B? The answer, of course, is that you would look to do something on high street B and that is what the internet represents.
Organic search is the most popular way for new businesses to be found, maps alone account for more than 60% of the discovery of local businesses and if you are not active online and seeking to bring people to your business then you are going to be losing potential earnings hand over fist.
There are more businesses in existence than there has ever been before and that means that every sector and industry is facing fierce competition from its rivals. It is for this reason why businesses big and small must take on every single opportunity that they can in order to keep up with or beat rivals.
Now if you are investing in digital marketing and your competitors aren’t then you have a great opportunity to get one up on them and grab some market share. If your competition does have a digital marketing strategy then you most certainly have to in order to prevent them from taking your market share.
One of the key differences between traditional marketing and online marketing is that we now have the power to be able to target our market efforts online directly to the demographic who we believe we enjoy our business or our products the most.
This means no more wasted spending on those who won’t care about what we have to say or sell and a much higher engagement rate on the marketing campaigns that we put out there. Beyond posting ads in niche magazines, there was no way of doing it in the past, but now we can pitch right to our target customer for better results.
The most compelling case as to why businesses should invest in digital marketing is becasue it works. This is a strategy that combines multiple techniques and methods of online marketing and they have been proven time and time again to work. There is no grey area here, these strategies help us to talk to a massive audience and speak to those who we know will engage more with what we have to say. The ROI on this is incredible and that is becasue digital marketing delivered time and time again.
If you haven’t invested yet then you are missing on a great opportunity, go do it now and just see the difference that it will have for your business.