Category: digital marketing

Importance of Digital Marketing

Online marketing was just a new and different way to the market. Importance of digital marketing for business lies in the option to select your method of marketing as per your budget. It exposes the new form of media on which to canvas the goods and services. But within the few years, the importance of digital marketing has increased to a great extent. It’s become an integral part of what a business is to its customers.

As the Internet becomes everything we do, the importance of digital marketing is also rising with a rapid hike. Digital marketing allows small businesses to compete with a much smaller advertising budget. Most probably the small business have very little resources and even capitalization. Digital Marketing provides them with a better and much more cost effective marketing channels that delivers the result. When managed effectively, it gives them total control over where and how they spend their money. When you have this kind of control and the data to support decisions, you make smarter ones.

The businesses that use online as the best mode of marketing can calculate the conversion rate through real-time using a simple method. That is analyzing the percentage of viewers who get transformed into leads and then subscribers and in the end finally purchasing the service or product. Search engine optimization, Social media marketing and Email marketing are methods which have a high conversion rate as they are able to generate a fast and effective communication channel with the consumer.

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The Best trends in Digital Marketing that startups need to know

 

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Big data :

The Big data can be useful to startups in various ways. Big data is mostly used by the professionals to get a better understanding of their target audience Big data is no longer absolute to data analysts. The use of big data can furnish t he marketers and startups with a detailed understanding of their target market. Until recently, big data was used to record things like climate information and cell phone GPS signals. With technology advancements, the B2B marketing and sales teams are now using big data to assemble more detailed information to their target audience’s wants and needs. On a larger scale, big data can be used to understand demand and supply trends in your own industry. Data recorded over decades can be collected and analyzed as a whole to observe patterns and trends. Not only the big data helps in analyzing their marketing strategies but can also give them a more accurate evaluation of their success rate.

Chatbots :

A chatbot is a computer program which conducts a communication through  auditory or textual methods. Chatbots are a kind of automated service which is basically a chat based interface that customers can interact with. It is integrated with artificial intelligence (AI) that helps to operate within the predefined set of rules. In the last year there was a critical rise in the use of artificial intelligence in marketing through the arrival of chatbots.  Already we are seeing a growth of brands using chatbots to improve the turnaround time and the customer service they contribute in their social media channels. Some companies are now using the chatbots to increase their response time to address the questions and queries from eventual leads. The more interesting thing about the chatbot is that,it can replace the gated contents and forms to generate the leads. That’s because the chatbots can respond within five minutes from the time that an inquiry is send.

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