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Today, having an effective online presence is the heart of any marketing strategy. The www (World Wide Web) brought a fundamental shift in the way people purchase their products. Further, people are turning to the internet and social media platforms to research their purchases before buying them. Many corporations understood this and started relying on digital marketing divisions to build their brand value, mobilize their user base, and enhance their market share.
The Internet has provided a platform for many small business owners to go toe to toe with their competitors by taking advantage of digital marketing methods. It is unfortunate that many small business owners failed to see what digital marketing could actually do for growing their company and making it successful.
SEO (search engine optimization), paid advertising, social media, and content marketing are a few examples of digital marketing. All these examples play a major role in targeting audiences and advertisements, reaching more people, building relationships, and leveraging social media further.
Digital marketing plays a vital role in making it possible for many businesses to reach more potential users. Inbound marketing campaigns can be used by retailers to reach beyond the barriers to serve users around the world. Also, digital marketing is very useful in expanding target markets and making brands recognizable to more users.
Digital marketing is not about increasing the user base; it is all about building a long-term relationship with the users, using methods like social media marketing, etc. Client retention is one of the important keys for growth and inbound marketing is a crucial component in client retention. Inbound marketing starts with a confirmation email after purchasing the products and further extends the online community with the user via Face Book and Twitter etc. Email marketing is used for offering special discounts to users and also encourages them to leave necessary reviews on websites.
Social media became an important part of marketing strategy to make it successful, particularly when social signals are used with search engine optimization. A unique opportunity is provided for small businesses by social media to improve their online visibility and establish their brand value. Also, social media drives traffic towards primary websites where leads are converted to users. A literature survey was conducted by HBS (Harvard School of Business) and the results stated that many users are influenced by social media and the businesses that were carried out in the presence of social media saw a tremendous increase in their sales.
Data collection and data research are the two large parts of digital marketing. The retailer must know what their users are purchasing, how often they are buying, and the online websites they are visiting the most. This gathered information is very useful for personalizing the users’ web experience, keeping necessary goods and services they are interested and also allowing users to make actionable suggestions for future purchases. This same information is very helpful for retailers to target advertisements to specific users, offering products that they are already primed to buy.