If you were to drive 200 clicks to your product offer that cost consumers $200, you’d be lucky to get one sale. If those clicks cost you $1 each, you would actually need one sale to break even. On the other hand, if you offered a tripwire in the form of a scaled down product or some other incredible deal, and you offered that for say $7, you would likely get more like a 5% conversion.
What does cost you, however, is the time in executing any of these tactics. We all know that SEO is hard. But when it comes to online marketing, that sweat equity pays off over time. When traffic is coming unencumbered to your website in the form of thousands of free and highly-targeted visitors per day, you ultimately realize that all those long hours you put in were worth something.
In my experience, a common challenge is where to start drawing up your digital marketing plan. I think there is a fear that a massive report is required, but we believe that lean planning works best. Your plan doesn't need to be a huge report, a strategy can best be summarized in two or three sides of A4 in a table linking digital marketing strategies to SMART objectives within our RACE planning framework. We recommend creating a lean digital plan based on our 90-day planning templates to implement your digital plan rapidly to gain traction. You can learn more in our free download.
Digital marketing is used to market more than just products and services. It is widely used to sell people on things such as companies, political parties and ideas. Political parties use digital marketing to target voters with positive SMS messages about their candidates and negative SMS messages about their candidates' opponents, and tailor ads to receivers who frequent particular digital channels, such as Facebook newsfeeds and YouTube channels. McDonald's created a digital "Kick the Trash" campaign to counter negative press in Germany that called the company's outside areas dirty.
If we look at these other definitions of digital marketing such as this definition of digital marketing from SAS: What is Digital Marketing and Why does it matter? or this alternative definition of digital marketing from Wikipedia we can see that often there is a focus on promoting of products and services using digital media rather than a more holistic definition covering customer experiences, relationship development and stressing the importance of multichannel integration. So for us, the scope of the term should include activities across the customer lifecycle:
A content marketer, for example, can create a series of blog posts that serve to generate leads from a new ebook the business recently created. The company's social media marketer might then help promote these blog posts through paid and organic posts on the business's social media accounts. Perhaps the email marketer creates an email campaign to send those who download the ebook more information on the company. We'll talk more about these specific digital marketers in a minute.
Now, if you’re the type of person that’s acutely interested in placing ads, and you’re well aware of how the ad networks operate, you could opt to market your business online through pay-per-click (PPC) advertising. Every time your ad is clicked on, you get charged a fee, also known as your bid. Bids can range anywhere from a few cents upwards to $5, $10 or even $50 dollars and higher for some of the more competitive keyword searches.
As mentioned earlier, technology and the internet allows for 24 hours a day, 7 days a week service for customers as well as enabling them to shop online at any hour of that day or night, not just when the shops are over and across the whole world. This is a huge advantage for retailers to use it and direct customers from the store to its online store. It has also opened up an opportunity for companies to only be online based rather than having an outlet or store due to the popularity and capabilities of digital marketing.
There’s no avoiding it: internet marketing is critical for the success of your business in 2018. But with all the gimmicks and tricks, it can be difficult to distinguish short-term wins from effective long-term strategies, which is why we’ve created an ultimate guide. Here, we’ll cover everything from marketing strategies to real-world examples, to ensure your business reaches the right people out of that four billion.
Unlike most offline marketing efforts, digital marketing allows marketers to see accurate results in real time. If you've ever put an advert in a newspaper, you'll know how difficult it is to estimate how many people actually flipped to that page and paid attention to your ad. There's no surefire way to know if that ad was responsible for any sales at all.
With Builderall, you can create amazing 3D images for your products which will engage your customers and drive more conversions. Forget other expensive and complicated applications. This tool is so simple to use, plus it's included right inside the Builderall platform. Everything is all in one place, so you can easily design the professional website you need.