Digital or online advertising spend has witnessed persistent growth over the years and is likely to take over other traditional forms of marketing such as print and television. This means that marketers should buck up and familiarize themselves with online advertising as more and more customers are projected to access, purchase and render products and services through the digital world.
Be it social media platforms or mobile phones, almost every aspect of these mediums fall under online marketing.
Thus, if a company still believes that digital advertising could pick a hole in its pocket, think again! Here are 4 reasons why digital advertising gets companies more returns:
Digital advertising enforces a marketing professional to keep track of their ideal customers by providing them the ability to target and retarget. Unlike offline advertising, retargeting in online ads offers plenty of room for marketers to strategize and execute a campaign. Moreover, it offers them the ability to target a population as precise as women, age 25-30, who searched for concert tickets between hours of 9-10 pm.
Tracking customers and keeping a close eye on customer behaviour is relatively easy through digital advertising, thanks to the inbuilt metrics and analytics that let marketers to see the exact cost of procuring and converting a prospect.
By employing digital advertising, marketers have become insightful and gone from having zero data to more data through the analytics and metrics offered to them.
If a company is going online, it is essential for it to keep track of the traffic it generates to its website. Digital advertising uses various SEO hacks and PPC techniques to drive web traffic to a particular site. Moreover, constantly displaying products or services online helps the company to make an emotional connection, get prospects excited about the product or service and even have an established online presence.
Online display of a brand lets marketers to focus on their target customers and customize messages that increase engagement and brand recall.
In this day and age, the entire world is converging on the internet, thus providing marketers and equal opportunity to promote their brand to a wider and diverse range of audience, both local and global. The options of marketing a campaign online are practically boundless as it allows marketers to experiment and expand their reach capabilities to the maximum.
Having an online presence offers marketers the necessary data and places them in a position to learn where their most engaged audiences live. Besides, digital ads also provide an option to directly interact with customers thereby increasing the chances of sales conversion.
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