Every day, you hear buzzes out there “digital marketing is the future,” or that “digital marketing can make you a millionaire.” And I know what you think in your mind: “What the heck is digital marketing anyway?” Well, you won’t have this question anymore. Read to this article to end.
What is digital marketing? |
What is digital marketing?
Digital marketing is
the process of reaching out, engaging, and converting online audiences into
paying customers using a variety of digital tools and strategies. Now, we have
used number terms we need to explain here. First, what do we mean when we say digital
marketing is a 'process'? It is a process because it can be best implemented
in a sequence of steps and repeated to keep it working. The steps include
creating a digital marketing plan, identifying relevant online audiences,
budgeting, implementing the digital marketing plan, and controlling the
process by measuring and monitoring results.
Second, we turn to defining online audiences so that you
can understand other terms well because we will be using this term all along. Your
online audience is the people who either already are your customer or can be
your customers and are present online in most of their daily routines. Just like in traditional marketing, online audiences can be segmented based a number
of variables such as location, platforms they spend their time on, devices they use too access the internet,
their interests, their actions online, and the list goes on. But every marketer
will segment their audience the way it suits their goals the most and what they want to do
with their audiences.
Third term we need to explain is ‘reaching out.’ Reaching out
means identifying where (on which online platform such as Facebook, YouTube, or
any other website or blog) your audience is on the internet and saying your
first Hello to them. This might be in the form of a search ad when the potential
customers look for a specific product or service in a search engine such as Google,
a blog article answering a question your potential customer is pondering on, or
a Facebook ad shown to them because they match the criteria you have set for
who can be your potential customer. Note that these are just a few ways digital
marketers reach out to their potential customers; in reality, the list goes on.
Fourth, engaging an audience online means showing them the content
(text, videos, images, sounds) they enjoy. For example, a digital marketer
trying to engage an audience such as pet lovers will share funny videos of cats
on their website, YouTube channel or Facebook page. People will watch the video
enthusiastically, react to it, comment on it, and share it if they like it so
much. All these actions count as engagement. In a broader sense, all the time
spent by customers doing any actions on your platforms (website, or social
media pages) is engagement. Because today’s customers are bombarded with messages
from millions of platforms and companies trying to get their attention,
engaging online audience is the real deal.
Finally, what is conversion? Conversion can be defined in
different ways depending on what matters the most to the marketer. Generally, conversion
is the successful completion of action by the customer that the digital
marketer considers really important. For example, when a customer completes a
purchase, or signs up for newsletter. Conversion rate is the number of customers
completing the target action divided by the total number of people who see the
message or call to complete the action. Conversion rate will vary depending on
how the marketer defines the conversion, what business they do, and how
valuable each conversion is.
So to sum up, digital marketing is similar to traditional
marketing in the sense that it is the process of finding customers for the
product, digging deep into their needs, engaging them in different ways and
them getting them to perform certain actions (buy a product and buy again). But
certain aspects differ greatly in digital marketing because it is really
different where (on the web as opposed to on the road or in the mall), how (by clicking
on a digital ad as opposed to by looking at the billboard on the roadside) the
advertisers interact with the audience.
Just before you go, bring your ear closer to me I want to tell you something. "This is just a brief introduction or definition of what digital marketing is, for details such as what activities and channels it includes, and what are some best digital marketing strategies, keep coming to our website. We will keep teaching you interesting stuff. And yes, we love it when you leave a comment."
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