By the turn of the decade, digital marketing had become more critical to business survival than ever before. The global digital marketing industry is predicted to grow to $786.2 billion by 2026, according to Global Industry Analysts Inc. Nowadays, commercial success hinges on your ability to design a good website or maintain a strong social media presence. Touching upon these key factors involves being perceptive of your market’s wants and needs, as well as being savvy about the system you’re operating within.
Organic and well-cultivated social media presence
If there’s anything modern demographics respond to best, it’s an authentic online presence. Above all else, you’d want to focus your efforts on cultivating your social media, without the aid of paid services like promotion or social media managers, if possible. An earnest effort towards connecting with your audience will resonate well with social media users, who are used to the curated, clinical approach most products and corporations take. For example, think back on the social media sensation generated by Wendy’s a few years ago, simply by tweeting as a real person would. Genuine personability and relatability will be a welcome change of pace for an audience surrounded by marketing campaigns geared from the ground up to sell a product in the most coldly efficient way possible.
Authoritative content in numerous channels
Reaching out to the crowd extends beyond social media and to more serious content as well. This includes things such as informative blogging, podcasting, and webinars. Aside from showing that you are in touch with your target market, you need to establish yourself as an authoritative figure, too. Marketing experts call this concept thought leadership, and it’s one of the most powerful tools in your marketing arsenal. People will follow those they perceive to be well-versed. So, make sure your website, blog, and other channels deliver information that is useful and informative. Original content is also a primary contributor to effective search engine optimization, so it’s in your best interest to ensure that this aspect is as fleshed out as possible.
Real-time analytics and impact measurement
In an increasingly fast-paced world, staying ahead of the curve should be one of your top priorities. Trends drive success, so remaining on top of them ensures that you can make full use of the momentum they provide. Attune yourself to the voices of the consumers, because they are constantly expressing their wants and needs. This is invaluable customer data that you would do well to analyze. And from that analysis, create personalizations geared towards each need and want that your products aim to fulfill. Then, you would want to measure the impact of your actions in real time, too. Constant monitoring of what works and what doesn’t ensures that no resources go to waste on marketing that doesn’t bring in a net benefit. This is where tools like Urchin Tracking Modules come in. Digital marketing tools help you quantify the impact of every move, thus informing each successive decision.
In the end, digital marketing comes down to delivering information that your audience needs in the way that they want to receive it. Couple that with constant assessment of the moves you make, and the ability to evolve your practices according to the ebb and flow of the trends. If you have all that, you basically have a guarantee that your business will not only survive, but thrive.