The Growth of Digital Marketing and its Importance in Business
Pat Donohue, May 11, 2018
It’s 2018, and by now if you own a business you’ve probably been told at one time or another about the increasing presence of digital marketing and its importance in growing a brand or company.
Particularly over the last decade or so, digital marketing has become a staple of any business model and is essential to anyone hoping to reach a wider audience, whether it’s through their website, social media, or digital advertisements.
Working with a digital marketing agency can increase a business’ visibility on the Web and help companies connect with their customers much easier. Digital marketing also provides businesses with the tools and resources they need for better internal research and development.
The realm of digital marketing is ever-evolving and requires a dedicated team of experts who are up to date with the latest search algorithms, updates, and industry news. Most businesses don’t have the time or resources to build an effective digital marketing plan on their own, and that is where working with a digital marketing agency comes into play. Hiring a reliable digital marketing agency will ensure that your business has a team of focused individuals who understand the ins and outs of your industry and can help you maximize your online success.
Digital marketing is particularly crucial for small and medium businesses that are doing everything they can to keep up with major corporations. Brick-and-mortar businesses across the world are realizing the need to either change their business model to an online one or beef up their existing digital marketing efforts.
Still not sold on the importance of digital marketing in today’s technology-driven society? Here are some of the key reasons why the use of a digital marketing agency is a wise investment that will help grow your business.
Levels the Online Playing Field
The ability to perform online sales and marketing used to be a luxury afforded only to large corporations. But digital marketing now levels the playing field for small and medium businesses to attract their fair share of targeted traffic.
Digital marketing is typically more cost-effective than traditional marketing and is, therefore, a great avenue for small businesses with very little resources.
Part of the goal of businesses when they go online is to convert incoming traffic to their website into leads, subscribers, and sales. Search engine optimization, social media marketing, and email marketing are all proven method for creating higher conversion rates for businesses.
Generates Better Revenue
A higher conversion rate means higher revenues for businesses with a strong online presence. According to Google, companies using digital marketing strategies have a 2.8 times better revenue growth expectancy.
Increased Interaction with Target Audiences
Interacting with target audiences has never been easier for businesses thanks to digital marketing. This not only helps increase customer satisfaction, it also drives revenue through personalized offers and leads to better customer retention.
Mobile devices are becoming the way of the world, with more than 90 percent of adults in the United States having a device within reaching distance at all times. A strong digital marketing plan will cater to the mobile customer.
Increased Brand Reputation
More personalized interaction with customers helps develop better relationships with target audiences, which in turn leads to a better brand reputation for your business overall.
If your business is in need of an online boost and you’re looking for a reliable and trusted digital marketing agency to work with, contact WebiMax today!