Why Digital Marketing Is Important To Grow E-Businesses
- 34% of the businesses already had an integrated digital marketing plan in 2016.
- 72% of marketers believe that traditional marketing is no longer sufficient and Digital Marketing will make their company revenue to be increased by 30% by the end of 2017.
- More than 80% of businesses will increase their digital marketing spending plan that may go beyond the IT budget.
Why Digital Marketing is Important to Grow business:
- You need to incorporate befitting Digital Marketing Strategy in your business module in an attempt to be an active part of the exceptionally pervasive and equally lucrative online market place.
- Since DM is not just a quickly developing power in today’s world of marketing, it is set to be the eventual fate of marketing, and it seems that soon digital marketing will surpass all the traditional marketing maneuvers.
Digital modes of communication and marketing are more adaptable, quicker, quantifiable and result-driven. DM offers the same amount of benefits to marketers as it does to the customers. Let us delve into the reasons why digital marketing is important for your business –
5 Reasons why Digital Marketing is Important:
1. Importance of Digital Marketing- Equal Opportunity for all kinds of businesses
DM levels the online playing field and offers equal opportunities for all kinds of businesses. It is no more like the old day’s scenario when multinationals and big business houses mostly embraced Digital Marketing.
2. How important is digital marketing- More Cost-Effective than Traditional Marketing
Small businesses with no assets and capitalization find a superior and financially savvy marketing channel in digital marketing. As per Gartner’s Digital Marketing Spend Report-
“Up to 40% of respondents claimed getting considerable savings by using digital marketing methods of promotion for their products and services.”
3. Why Digital Marketing is Important- Delivers Conversion
Businesses measure accomplishment by the rate of approaching traffic gets converted into leads, supporters, subscribers, deals or sales. If there occurs no conversion, all your activity would amount to nothing and all your marketing endeavors will essentially go to squander. That is the reason entrepreneurs are streamlining their digital advertising efforts towards Conversion Rate Optimization, making it their topmost priority.
- There are a few CRO tools and procedures that you can use for your digital advertising effort to optimize conversion.
- Click here to know the top 25 CRO Tools to optimize the conversion of your business.
- Different digital marketing activities like Search Engine Optimization, Social Media Optimization, and email marketing, etc. will also aid you in doing so.
- As observed from the below given HubSpot’s State of Inbound Marketing Report, SEO, SMO and Email Marketing create fast and viable communications with the target audiences and ensure higher conversion rates-
4. How important is Digital Marketing- Influences prospects take Favorable Action via CTA
Digital Marketing is Important to Grow business that will allure individuals to make a positive move you expect them to take. It lets you use Calls to Action (CTA) that specify what your site-visitors should do next. There are innovative ways that you can use to ensure conversions using Calls to Action.
- Calls-to-Action lets your visitor know what they can do while visiting your site. They can sign up, download something, subscribe or purchase.
- DM lets you choose and use particular steps that will lure prospects to make some favorable moves.
- Forms, buttons, and messages are optimized as per the graphics, designs, text, color schemes, etc. of your webpage to produce the best outcomes.
05. Why Digital Marketing is Important to Grow business- Lets you be prepared for the IoT
Internet of Things – Digital Marketing
In this digital age, IoT or Internet of Things can be understood as an inevitable biological system of interconnected devices that include tablets, cell phones, smartphones, appliances, PCs, and so on. Such devices can communicate with each other by using the Internet. Digital Marketing is Important to Grow business towards such ubiquitous existence of an interconnected environment that will penetrate through each part of individuals’ lives.
- Therefore Survival for your business will also depend upon the ability to have adaptability for this interconnected matrix.
- Digital marketing lets you be equipped with adept adaptability for IoT that ensures because online business survival for you, and hence lets you enjoy long-term benefits.
Key Digital Marketing Elements essential to optimize your Business
- Websites and SEO content
- Blogs
- Internet banner ads
- Online video content
- Pay-per-click (PPC) advertising
- Email marketing
- Social media marketing (Facebook, Twitter, LinkedIn, etc.)
- Mobile marketing (SMS, MMS, etc.)
Let us go through some of the latest digital marketing trends to understand the importance of digital marketing –
Digital Marketing Trends that boost the ROI of E-Businesses
- Influencer Marketing
- Content Marketing
- App Store Optimization
- Big Data Personalization
- In-store Marketing
- Social Media Marketing
- Live Video Streaming
- Site Optimization as per the Wearable Technology
- Consumer Engagement Strategy