OVERVIEW
Digital Marketing
Any marketing that uses electronic devices can be used by marketing specialists to convey promotional messaging and measure its impact through your customer journey. In practice, digital marketing typically refers to marketing campaigns that appear on a computer, phone, tablet, or other devices.
Why is digital marketing important?
YOUR CUSTOMERS ARE ONLINE
There are 4.3 billion internet users in 2019. The number increased to about 9% from January 2018. Looking at it will give you the idea that there are more people to reach out to when you practice digital marketing.
Your business needs exposure to find customers, and the online market is the best way to make it happen.
COST-EFFECTIVE AND FASTER
Digital marketing is more affordable than traditional marketing. If you are a business that has limited resources, spending money to advertise traditionally is not enough. Even the need to print flyers for your business is expensive and time-consuming. But with digital marketing, your small business can start the process immediately
BETTER ROI (Better Return on Investment)
Many businesses claim that doing advertisements online, whether it is paid or free, has a better return on investment. It’s possible to have a higher conversion rate or return on investment because most of your customers can be seen online.
If you are able to know who your target audiences are, you can lay out a strategy that you need to turn your leads into customers.
YOU CAN REACH OUT TO YOUR CUSTOMERS
One vital aspect of digital marketing is customer service. It means that marketing experts build relationships with customers by reaching out to answer their queries, solve issues they encounter about a product, and to turn them into repeat customers.
When you build a good relationship with your audience, it can boost your business.
ESTABLISH YOUR BRANDS REPUTATION
Digital marketing will give your business a chance to establish a rapport. It allows you to show your customers what your business is made of and how you can help them with their needs.
Source: Why Digital Marketing is Important for your Business(Simplilearn)