With Digital Marketing being an affordable medium to advertise, a lot of small companies are venturing into this space.
With the rise in popularity of search engine advertising through Google and Bing, the advent of social media advertising and the vast number of digital marketing success stories, it has become attractive for businesses across all domains.
Before venturing into the digital marketing space, you need to really think if and when do you need to take the leap into digital.
Over time, with experience, we have come up with a few things to be kept in mind before you transition your efforts into Digital Marketing.
Who is your customer?
Before you go this route, you need to introspect to find out your target market is, or any particular demographic or geography you are trying to penetrate into. Are you fine with having an online presence or do you need to market yourself aggressively? How much are you willing to spend to get a new customer on board is a very important metric you should use to justify your decisions.
Do you have the logistics in place?
This is specifically for the e-commerce vendors. You do not want to sell something you may not be able to supply. Have a sound supply chain in place before you go in for online advertising.
It’s not a magic wand.
Using Digital Marketing, you cannot sell something that is a bad, or at least you cannot have a loyal customer. If you have a good product or service, only then move into this space. Digital initiatives should support your incoming cash flow, not ideally be the only source.
One size does not fit all.
If you are one of those who asks different agencies for strategies and ends up trying to implement them, be ready for some disappointment. It definitely looks easy, but it sure is not. But if you still insist and want to spend some man hours every day on tracking your strategies and coming up with new ones, or asking the agencies again for them, we would be more than happy to help you out every time. But, from our experience companies end up coming back to us after our recommendations. Its not about the ideas – it’s about the execution!
Remember, you need money to make money
This is the simplest rule that exists for making money. Digital Marketing is a science, you need to understand that each day you are trying to compete with thousands of similar business on the same platforms, over which you have no control what so ever.
Dignitas Digital has successfully helped it’s clients throughout the globe reach new heights, digitally. If you are ready to take the help, contact us and we will be happy to help you.