The Reasons For The Growth Of Digital Marketing
Modern businesses thrive on digital marketing to keep up with the growing demands of the market forces. Today businesses are changing their plans into digital strategies to see best results. Learn how an seo Company can be beneficial for your business and how it helps reach your campaigns to the target audience. To know that read this review on how to demystify SEO myths.
The significance of digital marketing
In the year 2016 around 34% of business have integrated with a digital marketing plan, and around 72% of marketers have come to the conclusion that traditional marketing does not yield sufficient results and there is a need to increase the digital marketing revenue by 30% sooner. Also, around 80% of the businesses have increased their digital marketing expenditure despite going beyond their IT budget.
Business And Digital Marketing
You should add digital marketing techniques to your business to be part of the pervasive and lucrative market. Digital marketing is the future of the marketing world, and it is sure to override the traditional marketing strategies. The world of business is moving away from traditional and embracing the digital way as consumers consume digital content. Those businesses that are yet to incorporate digital marketing into their bouquet of marketing strategies should do so immediately to remain the market. Digital marketing and communication modes are effective, quick, result oriented and quantifiable. In this case, both the marketer and consumer stand to benefit.
Reasons Why Digital Marketing Should Not Be Ignored
· It provides equal opportunities to all business and makes the playing field equal. In today’s scenario corporate and MNCs are not the ones using digital marketing, it has gone beyond and has facilitated easy usage for SMEs too. Now everyone can share the traffic, and the best shall win. With digital marketing, everyone can grab a piece of their consumer pie.
· Digital marketing is a cost-effective proposition when compared to traditional marketing. Small businesses find digital marketing superior. The reports suggest that 28% of businesses will move away from traditional marketing towards digital marketing channels as the marketers are bound to get good Cost Per Lead compared to other channels.
· The conversion rates are higher in the case of digital marketing methods as the rate of traffic is easily converted into leads, subscribers, supporters, and sales. The CRO tools are available to optimize conversion. SEO, SMO, and email marketing will help in achieving optimized conversion.
· It helps to generate revenues. With better revenue generation your business has 3.3 times better chances to optimize business outcomes. Digital marketing allows opening up larger and remote markets both domestically and internationally.
· Through internet marketing, it is easier to engage customers. Interacting with the consumers will give you an opportunity to understand the market and deliver products and services to suit them. It can help you take the next step using the data. It also helps to build trust among the audience as your business grows.
· The rise of smartphones and handheld devices has seen an increase in mobile consumers. Catering to mobile consumers is the best way to cover more target audience.
Tags: Digital Marketing