Friday, 21 February 2020

Why Small and Medium Enterprises Should Leverage Digital Marketing




With the change and evolution of modern technologies, the marketplace has become more digital. Small and medium businesses are doing everything they can to keep up, and stay ahead of their competitors. To achieve this, it’s vital to have a comprehensive online marketing plan in place – a strategy that makes   good use of social media, SEO, blogging, email marketing, pay per click and other digital marketing tools out there.

 More people are buying products online and that is why the benefits of digital marketing are becoming more predominant. The following are reasons why you should prioritize digital marketing over traditional marketing.

1. Digital Marketing Levels the Online Playing Field
Today, business owners clearly understand that digital marketing is not only for conglomerates and large corporations that have the adequate resources required to run an online marketing campaign.  Technology opens up opportunities regardless of the business size, it actually levels the playing field, providing small and medium enterprises the chance to compete against big companies and attract their share of targeted traffic.

2. Digital marketing is cost-effective
 We can all agree that television and radio ads or mounting a billboard can be a bit expensive for small enterprises with limited marketing resources but with digital marketing, small companies now have the opportunity to perform sales and marketing processes that were previously available only to large corporations. Digital marketing is less expensive than traditional advertising.  Some of the digital alternatives to traditional advertising are free, and all can be much cheaper than their traditional counterparts

3. Global reach
 Businesses want to reach as many people as possible and the internet provides a wide range of prospective customers for businesses at a low cost.  Through a stylish and informative website and a creative digital marketing strategy, small businesses can now reach an international audience
 4. Digital marketing is measurable

 While it can be difficult to track the success of a traditional marketing campaign like a radio or TV advertisement every digital marketing tactic that you use is measurable. With web analytics such as Google Analytics, you can eliminate guesswork and make it easier to establish how effective your digital campaign has been. By measuring your digital marketing campaigns in real-time, you can see which tactics are working and which are not. Then, you can adjust your campaigns accordingly.
5.  It allows you to target your ideal buyers.

When you place an ad in a local newspaper, you’re taking a shot in the dark that your message will reach its intended audience. With digital marketing, you can easily identify the platform that suits you best. SEO allows you to reach those consumers who are searching the web for content and topics that are relevant to your business. While pay-per-click, display, and social media advertising enables you to target those who are most likely to be interested in your products or services based on demographic information and general characteristics.

6. Digital Marketing Facilitates Interaction with Customers
Customer relationship drive businesses and digital marketing provides an avenue for brands to interact with targeted audiences in real time thus enhancing customer relationship. This also helps businesses understand their customers better.

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