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Digital marketing is the utilization of technology to market products or services to consumers. Digital marketing has become an integral part of modern day communication, as it allows individuals and organizations to reach out to a wide cross-section of the population. Consumers are able to browse and purchase goods or services instantly without physically visiting a retail outlet. Digital marketing is constantly changing and evolving as technology advances.
Digital marketing has revolutionized the way companies communicate with their target market. Many consumers have switched over from physical to electronic media for information. Most users are online and can access digital media at any time of the day. Social media is particularly useful for marketing strategies due to its interactive nature. Individuals on social media platforms can directly interact with a brand and submit feedback directly to them. Consumers can also post content of their own and promote brands or businesses. The ever-increasing webcapabilities has broadened the scope of digital marketing possibilities, making this medium more accessible than ever before.
The main advantages of digital marketing are immediate consumer interaction, accessibility, scalability, cost-efficiency and flexibility. Since no physical platform is required, any consumer with a smartphone can access digital marketing platforms easily. Digital marketing is also quick and cost-effective since little physical resources are required to manufacture advertisements. Digital marketing reaches consumers globally and can be accessed from both indoor and outdoor locations. Companies have no reason not to communicate with their target market 24 hours a day, without risking negative repercussions.
Digital marketing strategies have changed drastically over the past few years owing to technological advancements such as artificial intelligence, virtual reality, drones and Blockchain technology. According to Pexels, 70 percent of global digital revenue was generated in 2017 and is expected to rise even higher in the future. Companies now have access to a larger consumer base as well as greater creativity when developing digital marketing strategies. Digital marketing strategies can be segmented according to three main categories- search, display and social media platforms. Each strategy is tailored toward maximizing results for specific industry sectors such as hospitality or retail. A company will not only need an innovative digital marketing strategy but also skilled professionals when implementing these strategies into action plans.
Digital marketing has become an integral part of modern day communication- far beyond just promoting products or services directly to consumers via electronic channels. Instead, digital marketing strategies encompass many channels such as websites, social media and mobile applications alike. Consumers are now far more accustomed to receiving information digitally versus verbally from companies or third parties. Consequently, digital communication channels are far more accessible, interactive, scalable and cost-efficient than ever before.
Digital marketing has revolutionized the way companies communicate with their target market. Many consumers have switched over from physical to electronic media for information. Most users are online and can access digital media at any time of the day. Social media is particularly useful for marketing strategies due to its interactive nature. Individuals on social media platforms can directly interact with a brand and submit feedback directly to them. Consumers can also post content of their own and promote brands or businesses. The ever-increasing webcapabilities has broadened the scope of digital marketing possibilities, making this medium more accessible than ever before.
The main advantages of digital marketing are immediate consumer interaction, accessibility, scalability, cost-efficiency and flexibility. Since no physical platform is required, any consumer with a smartphone can access digital marketing platforms easily. Digital marketing is also quick and cost-effective since little physical resources are required to manufacture advertisements. Digital marketing reaches consumers globally and can be accessed from both indoor and outdoor locations. Companies have no reason not to communicate with their target market 24 hours a day, without risking negative repercussions.
Digital marketing strategies have changed drastically over the past few years owing to technological advancements such as artificial intelligence, virtual reality, drones and Blockchain technology. According to Pexels, 70 percent of global digital revenue was generated in 2017 and is expected to rise even higher in the future. Companies now have access to a larger consumer base as well as greater creativity when developing digital marketing strategies. Digital marketing strategies can be segmented according to three main categories- search, display and social media platforms. Each strategy is tailored toward maximizing results for specific industry sectors such as hospitality or retail. A company will not only need an innovative digital marketing strategy but also skilled professionals when implementing these strategies into action plans.
Digital marketing has become an integral part of modern day communication- far beyond just promoting products or services directly to consumers via electronic channels. Instead, digital marketing strategies encompass many channels such as websites, social media and mobile applications alike. Consumers are now far more accustomed to receiving information digitally versus verbally from companies or third parties. Consequently, digital communication channels are far more accessible, interactive, scalable and cost-efficient than ever before.