Benefits And Importance Of Digital Marketing For Small Business
Digital Marketing is rapidly becoming as the main marketing method for businesses across the globe as more people are using digital products than ever before.
And business owners who invested in it through professional digital marketing company are reaping benefits like increase in significant traffic & also experience higher conversions in their customers, higher ROI and business revenues have scaled to new heights for them than before.
The marketing trend in recent times has changed its course from traditional marketing like TV ads, print media, billboards etc. to digital marketing. And the primary reasons for that are more people are using digital products, increased multi-channel digital marketing and effective engagement by brands over multiple digital marketing platforms. An estimated 40% of business owners report saving money with digital marketing as opposed to traditional marketing.
According to a survey conducted by Forbes, 82% of consumers conduct research online before buying any product to gain more information and brands can reach those customers online. Digital marketing strategies yield as much as 2.8 times better revenue surge for businesses.
If you think Digital Marketing is not evolved…Think again!
What triggered this boost in the use of Digital Marketing? Well its consumers themselves, survey suggests 72% consumers are already connecting with brands through their various digital marketing channels.
TOP 6 BENEFITS OF DIGITAL MARKETING:
1) It connects your company with consumers over internet:
Approximately 80% of consumers today use search engines to search for information on products/service they require, if your company is not too popular and you are doing digital marketing for your business then your company brand is displayed to customers in search engine whenever they search products/services your company is offering.
2) It generates higher conversion rates:
Majority of consumers begin their buyer’s journey online, when they require any product or service. With effective digital marketing strategy, it helps target such leads and increase the conversion rate. Through different social media platforms your business can interact with target audience, engage with them and convert them into loyal customers.
3) It generates higher revenues for your business:
Digital Marketing strategies are confirmed to generate as much as 2.8 times better revenue growth for businesses. It helps you minimize the marketing investment.With strategic campaigns it grows your customer base which in turn increases sales and revenue share of the overall market.
4) It keeps you ahead of your competitors:
Today many business owners are boosting their Digital Marketing campaign using various channels like SEO, SEM/PPC , SMO & SMM from a professional Digital Marketing company. This will help your brand awareness and outreach among people and more people are likely to associate with your business than your competitors.
5) It delivers higher ROI from your campaigns:
Digital Marketing helps businesses identify better Cost-Per-Lead compared to traditional marketing where you can’t accurately measure its impact on your business. Contrary, with Digital Marketing campaign it’s far easier to track this impact on your business in real time.Various analytical tools help you determine whether your marketing campaigns are yielding desired results or not.
6) You can connect to Mobile consumers:
People have access to smartphones easily, so targeting this segment of consumers will allow your business to be connected with these large number of users through digital marketing campaigns.