Internet Marketing
Internet marketing is an all-inclusive term for marketing products and service online. This includes a variety of methods and platforms for communication with customers, such as websites, email, social media and online advertising.
What Is Internet Marketing?
Internet marketing refers to the strategies used to market products and services online and through other digital means. These can include a variety of online platforms, tools and content delivery systems, such as:
While Internet marketing's special apparent purpose to sell goods and services or advertising over the internet. It's not only the reason a business will do it.
A company may be marketing online to communicate a message about itself (building its brand) or to conduct research. Online marketing can also be an effective way to identify a target market, discover a marketing segments wants and needs, build long-term relationship with customers or establish authority and expertise within an industry.
How Internet Marketing works?
Internet marketing uses customers online activity to connect them with a business by reaching them in a variety of places on the internet. The types of internet marketing a business uses will depend on the business model, types of products, target customers, budget and more.
Website Content and Design
A business website allows customers to:
Website often use search engine optimization (SEO) to ensure that their content will rank high on search engines and be easy for customers to find.
Email Marketing
You can use email for sending direct mail electronically, rather than through the post office. Collect customers email either through purchases or website sign-ups, then use emails to share important information, encourage purchases and build relationships.
Email allows you to reach customers individually and personally. A 2019 retail study looking at more than one billion shopping sessions found that email marketing had a conversion rate of 2.5% compared to only 1.1% for social media.
Social Media
Most customers use some kind of social media, through the type you will focus on will depend on the behaviors of your target market.
More than 90% of 18-29 year old uses social media of some kinds and while use decreased with age, it can still used to reach customers in all age bracket. More than 60% of those over age 65 use some kind of social media and those numbers are likely to keep growing.
Older customers are more likely to use a platform like Facebook, for example: millennials often use Instagram; and younger customers are more interested in video platforms, such as Tiktok or YouTube.
Find out where your ideal customers spend their time and focus your efforts there.
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Blogging
Allows you to increase your website's SEO by adding articles and posts around certain targeted keywords. This increase the likelihood that customers will find and visit your website as a result of online search.
You can also write for other people's blogs, magazines or websites. This can increase your audience and put your business in front of more potential customers.
Video and Podcasting
Some creators who make videos or podcasts use that as their sole business. Other times, businesses use these platforms to establish expertise, connect with others in the industry and create a funnel for new customers to find and develop an interest in their products or services.
Podcasts especially are growing in popularity. More than 100 million Americans listen to podcast every month.
Online Ads
Online ads can take a variety of forms.
Pay-per-click advertisements placed in search engines target particular search terms that potential customers might use. Targeted ads on social media designed to reach specific segments of the platforms users who might be interested in your businesses products, services and promotions.
You can also placed sidebar ads on other people's websites or in their email marketing. Online ads are most effective when they are "Congruent" or relevant to where they appear or what the target audience is search for.
Personalization can also increase the response rate to online ads, especially at the stage of consumers decision making process. However, personalization is most effective when ads appear in congruent locations.
Sponsorship and Paid Promotion
You can take advantage of an audience that someone else has built with sponsorship or paid promotions. These marketing campaigns allow you to pay someone whose audience matches your target market to discuss, use promote or share your products and services with the followers.
This can both increase brand awareness and drive sales. Especially if you pair the campaign with targeted promo code or special offer.
Do I need Internet Marketing For My Business?
Internet marketing is increasingly becoming mandatory for business of all types. Customers spends lots of time online everyday. Including checking email, browsing social media, using search engines and visiting websites.
Consumers use a variety of online methods for finding, researching and eventually making purchasing decisions. Over 40% of consumers report that they first turn to Google search when looking for product or service and 26% of consumers say they shop online every week.
However, traffic from social media pages and ads account for around 8% of consumers discovering retail websites. You can take advantage of all these channels by creating broad internet marketing platforms to help potential clients and customers find you business.
This is true even if you business is a small and local. From 2015 to 2017, Google saw mobile "Near Me" searches with some variation of "To Buy" or "Can I Buy" grow by 500%- a figure likely to continue rising.
No matter what type of business you have or where you are located, investing in internet marketing can help you build your business.
Connect with customers and make sales