Tuesday, November 17, 2015

Digital Marketing

Talks about electronic and social media does not seem to end! While we are busy posting anything and everything left and right, targetted businesses are clawing their best to reach customers through their online presence. So who is doing better? Us or them? A random individual post to a friend or a digital media marketing promo to the community? Read on. Today we talk about the Return On Investment of Digital Marketing.

What’s the ROI of Digital Marketing?

The link seems to initiate reader engagement by claiming that, Social posts mean Nothing! But it starts further reasoning by throwing out a common diplomatic phrase: "it depends".

They explain, greater no of Tweeter followers are likely to generate cash, but the circulating frequency of the content is absolutely vital. The familiar "Message Reach" statistic in our digital media analytics speaks exactly that, in numbers. Thus, a smaller network is expanded with a single post to a larger audience, more so with customer engagement through posted feedback.

Next the post speaks about the significance of 'Earned Media', which is the followers and audience captured when valuable related content is posted and circulated. It is different and more acute than 'Owned Media'. The value of the former triumphs since it "de-commercializes" product messages, since potential customers receive it through peer shares, as opposed to a commercial advertisement, which carries less weight generally. Facebook uses a trick by supporting sponsored ads, highlighting the friends who 'Like' the brand.

"Influencers", usually a bad-practice, may be effective if evaluated and positioned for the right engagement to multiply a brand's network.


So how to create mighty engagement for digital marketing?

Once again, create valuable content. Content that builds engagement: "interesting, unusual, funny, surprising, or emotionally charged drives engagement". Most valuable ones are content that solves a problem. Also follow this content promotional rule: 80% valuable, 20% promotional. Be personal with interaction. An individual mention or a 'Thank You' for a reshare is worth your time. Requesting opinions or feedbacks, or even contests create a vibrant community with a greater reach. Employees are as valuable as the target audience. Employee's worklife and intricate details about production processes intrigue customers and builds trust, in a way nothing else can. A day-at-work, retailer interactions, building industry relationship stories all gives your outreach the extra dynamic which promoting basic product characteristics do not.

With this knowledge, our domestic entrepreneurs can boost their strategies at digital marketing. Entrepreneurs have personal stories about building their business. These unique challenges are worth every penny, not only for building the business, but creating a community through online engagement.

Follow the link to the end to discover some interesting statistic in info-graphics.

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