How Digital Marketing Can Increase Customers and Sales for Your Small Business
The heart of any good marketing strategy is to go where your customers are, and today that means having an
effective online presence. The world wide web has brought about a fundamental
shift in the way the public shops for products and services, and people are
increasingly turning to the internet and social media to research their
purchases before they pull the trigger.
Major corporations understand this,
and rely on their digital marketing divisions to build their brands, mobilize
their customer base, and increase their market share. But, digital marketing
isn’t the sole province of big businesses with deep pockets.
The internet has leveled the
playing field, and small business owners can take advantage of digital
marketing techniques to go toe to toe with their major competitors.
Unfortunately, too many small business owners fail to see what this inbound
marketing can do for them, and how it can help to grow their company and make
it prosperous.
Digital
Marketing – Are You Missing Out?
If you think digital marketing has
nothing to offer your small business, think again. At last estimate, more than
60% of all online shoppers began their transaction with a general search. That
means they were unclaimed customers who were open to finding new businesses
offering the product or service they needed.
But, it’s not just online shoppers
that are up for grabs. Recent statistics show that more than 81% of all
shoppers research a product or service online before making a purchase, whether
that purchase is online or at a brick and mortar establishment.
That’s a large pool of potential
customers and clients you may be missing out on if you fail to have an internet
marketing strategy. If that’s not enough to pique your interest, let’s look at
what else internet marketing can do for your small business.
What are some examples of digital
marketing channels?
·
Search
Engine Optimization
·
Social
Media Marketing
·
Content
Marketing
·
Paid
Advertising
Reaching
More People
Digital marketing makes it possible
for your business to reach more potential customers, and your reach is only
limited by your ambitions. A local mom and pop restaurant, for example, can use
the internet to promote their business using local SEO strategies, and build
their reputation as the best eatery in town. Driving customers to their doors
through mobile searches and online reviews.
Retailers can use an inbound
marketing campaigns to reach beyond the barriers of distance to service
customers around the country, and even globally. Digital marketing can be used
to broaden your target market, making your brand recognizable to more potential
customers.
Building
Relationships
But digital marketing isn’t just
about increasing your customer base, it’s also about building long term
relationships with those customers, using techniques such as social media marketing. Client retention is one of the keys to growth, and inbound marketing
is a vital component. It can start with something as simple as a confirmation
email after a purchase, and extend to building an online community through
Facebook, Twitter, and Instagram.
You can use email marketing to
offer customers special discounts, and encourage them to leave product reviews
on your website. You can create an entertaining and informative blog that gets
customers to revisit your website , and
encourages them to share your content and your brand with others, increasing
your pool of potential customers yet again.
Leveraging
Social Media Even Further
Social media has become an
increasing important part of any successful marketing strategy, especially when
social signals are used with SEO. It provides a unique opportunity for small
business to increase their online visibility, establish their brand, and drive
traffic to a primary website where leads can be converted to customers. A
recent study by the Harvard School of Business found that consumers were highly
influenced by social media, and that businesses with a social media presence
saw an average increase in sales of 5%.
Targeting
Your Audience and Your Advertisements
A large part of digital marketing
is data collection and research. You know what your customers are buying, how
often they are making purchases, and what areas of your website they visit most
often. This data can be used to personalize the customer’s web experience,
keeping the products and services they are interested foremost in their minds
and allowing you to make actionable suggestions on future purchases.
The same data can be used to help
you target advertisements to specific customers, offering up products and
services that you know they are already primed to purchase. Sites using
WordPress can promote their website in many ways also. This makes your paid
advertising more effective, and gives you a better return on your advertising
dollar.
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