There is no question that the world of online marketing is evolving. Thanks to the rise of social media and online review sites like Yelp, consumers have more power than ever before to choose products and services and to share their opinions with the world. This kind of exposure can be incredibly beneficial for a business, but it also creates incredible demand that must be met by the business itself.
What does this mean for marketing agencies that provide services to businesses? How can brick-and-mortar establishments compete with online marketplaces that enable shoppers to discover businesses from the comfort of their homes? The answer is through strategic online marketing.
Why Online Marketing?
Traditional marketing methods of radio ads, billboards, and magazine spreads are still extremely effective when used in conjunction with one another, but they aren’t enough to generate the same kind of exposure and demand that businesses can get from online marketing.
Decades ago, before the rise of the internet, businesses would rely on trade journals, newspapers, and magazines to keep customers informed about their products. While many of these traditional methods still work, thanks to the popularity of digital magazines like Buzzfeed and Vice, as well as TikTok and other social media platforms, businesses can now target their marketing efforts towards niche groups who are more interested in what they have to offer.
It’s a similar story with radio ads and billboards. Thanks to the invention of television, radio ads now exist in almost every form imaginable, from live musical performances to podcast sponsorships and YouTube live chats. When used strategically, these strategies can ensure your business reaches the right audience and encourages them to buy your product or service.
What’s more is that customers can now leave feedback about their experience with your business, which, when combined with a solid social media presence, can help drive more business your way. In the past, if a customer had a bad experience with a business, there was little they could do except leave a bad review (if reviews were even available). Now, with the rise of social media, everything can be monitored and optimized for maximum impact.
How Can Online Marketing Work For My Business?
In the previous section, we discussed the benefits that come from online marketing. However, simply having an online presence won’t automatically make your business stand out among the competition. One of the most effective ways to stand out is through a strong marketing strategy that leverages digital channels.
Let’s take a quick look at how online marketing can help your business.