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Company articles > digital marketing
by Kevin Wood

The Indispensable Role of Digital Marketing in Today’s Business Landscape

 

 

Introduction

In today’s digital era, traditional marketing methods have made room for innovative and interactive ways to reach consumers. Digital marketing has not just emerged as a trend, but as an essential part of business strategies. The reasons are simple: the digital world is where people spend most of their time, and digital marketing offers a myriad of possibilities that simply didn’t exist a few decades ago. This blog post aims to explore the importance of digital marketing, its impact on various industries, and how businesses can leverage it for their benefit.

Understanding Digital Marketing

Digital marketing involves using digital channels such as websites, social media, email, search engines, and mobile apps to connect with current and prospective customers. This marketing method enables businesses to target specific demographics, analyze marketing campaigns in real-time, and adjust strategies quickly based on the gathered data. As of 2021, companies no longer view digital marketing as an optional strategy; it has become a necessity.

The Impact on Industries

The advent of digital marketing has affected virtually all industries. Here are a few examples:

  1. Retail: The retail industry has experienced a digital revolution, with online shopping becoming increasingly popular. Digital marketing strategies like email promotions, targeted ads, and SEO optimization have helped businesses reach out to a wider audience and boost sales.
  2. Healthcare: Health institutions are using digital marketing for patient education, appointment scheduling, and online consultations. Patients are now researching their symptoms online before visiting doctors, which necessitates a strong online presence for healthcare providers.
  3. Finance: Digital marketing in the finance industry helps companies improve brand awareness, customer service, and client retention. Banks, for instance, use targeted marketing to offer personalized products to their clients.

Benefits of Digital Marketing for Companies

  1. Cost-Effective: Digital marketing is cost-effective compared to traditional marketing methods. Small and medium-sized enterprises can particularly benefit from digital marketing, as it allows them to compete with larger companies without significant marketing budgets.
  2. Increased Reach: With digital marketing, businesses are not restricted by geography. They can reach audiences worldwide, opening up new market segments and opportunities.
  3. Improved Customer Interaction: Digital marketing channels allow businesses to engage and interact with customers in real-time. This instant communication helps companies to build stronger relationships with their customers.
  4. Data-Driven Decisions: Digital marketing provides measurable metrics that allow companies to make data-driven decisions. These insights can help them understand what’s working and what’s not, leading to improved marketing strategies.
  5. Higher ROI: Investing in digital marketing can result in a higher return on investment (ROI) than traditional marketing methods. For example, email marketing has an average ROI of $42 for every $1 spent, as reported by Litmus in their 2020 Email Marketing ROI report.

In Conclusion

As we navigate further into the digital age, the importance of digital marketing will continue to increase. It’s no longer just about maintaining a digital presence, but about how effectively businesses can leverage digital platforms to grow their brand, foster customer relationships, and drive revenue. If your company hasn’t fully embraced digital marketing yet, now’s the time to dive in and reap the rewards.

The world of digital marketing is dynamic and constantly evolving. Staying updated with the latest trends and technologies is key to maintaining a competitive edge in today’s market. Businesses that adopt and adapt to these changes will be better equipped to meet the ever-changing needs and expectations of their customers.

This is where BBG comes into the picture.  With decades of years of experience in advertising and digital marketing, our team has the knowledge and the know-how to get your company name out in front of the right customers and bring them in.  Using our state-of-the-art data platform LINKONE, we can take your customer list, run it through our algorithms and find your “look-alike customer” – people that match the demographics of your current customers and would most likely to do business with you.

On top of great data manipulation and analytics, we use custom ad platforms to ensure your message is displayed on as many devices as possible, to as many people as possible, as often as possible.  With our Geo-Fencing techniques, we’re able to target devices that belong in the home, increasing the chances of displaying your ad to potential customers.  We can then display ads to these devices anywhere they have data and use the internet via a web browser or thousands of apps that allow advertisements.

Our marketing programs are designed around cost-effectiveness and successfulness.  We pride ourselves on delivering excellent results and do everything we can to make a marketing campaign successful, including monitoring the campaign and adjusting settings on the fly if necessary.  With multiple channels for advertising, such as display ads or video ads, we have the tools needed to get your message out.

Additionally, with our reporting processes, you can keep track of the campaign as it runs and also review the entire campaign after it’s finished.  This is a great tool in determining the impact of the ads, how successful they were and how many turned into prospects and customers.

To learn more about our digital marketing platform, click the “Contact Marketing” button below to send an email to our marketing team.  Let us know a few dates and times you’d be available for a meeting and we’ll schedule time to discuss our platform and how we can help you get more for your marketing money!

“As of 2021, companies no longer view digital marketing as an optional strategy; it has become a necessity.”

 

  • Digital marketing is a key to modern advertising.
  • Leverage current platforms for ads.
  • Targeted marketing has proven results across all markets.