Digital marketing today, means a very different thing to what it did ten years ago. Ten years ago, it simply meant placing a banner on a web site. Some banners didn't even click through to a web site, as advertisers often didn't have a web presence. Media owners even charged a “loading fee”. Knowing how many times it had been viewed, let alone any more data beyond that, was not even considered.
Fast-forward ten years, and digital marketing means a myriad of things. Blogs, social networks, email lists, newsletters, search marketing, viral, affiliates, contextual, banners - both via the web, as well as mobile.
Just how one goes about selecting the right environment today, can be a minefield in itself.
So just how does one go about selecting the right environment?
Before you even get to this...
The Objective
First, as with any business or marketing plan, assess what the objective is. You'd never put a business together without a decent plan. Your marketing plan should be no different.
What is the key objective of your marketing plan? Is it to sell chocolates? Is it to generate leads for a sales team to then follow up on and ultimately attempt to convert to a sale?
Be clear on exactly what it is you wish to achieve. It could be a direct approach, or it could be a tiered approach that starts with building a relationship before you hope to achieve a sale.
If you're an unknown brand, relationship building is crucial. In the longer term, you should attempt to achieve both a relationship and a sale, and thereafter maintain this relationship. With email and sms communication, combined with a web (or even WAP) presence, this is very easily achieved in the digital realm, and far more cost effective than any traditional means such as knock and drop or manning a call centre.
Your Web Presence and Communication
Once the objective is clear in your mind, assess whether your online presence is designed in the most optimal manner in which to achieve your objectives.
Step away from your executive chair, and try to see things through the eyes of your potential customer. If you're building a relationship with potential customers, think about what you communicate, and how often. Is it via SMS, or email? There's nothing worse that receiving an email every day that is of no interest, or feeling “spammed” after receiving an SMS we don't remember asking for. Ask the right questions, deliver the appropriate information, and make it easy for consumers to find what they want to know, interact with your brand, or conclude a transaction.
ALL online users would like to conclude a sale or enquiry in the quickest time possible. Does your online presence allow this? Are you tracking your web site to see where potential customers are falling off in the cycle? A web analytics tool is essential if you are to know whether your web presence is working for you or not. Do you have a WAP site? Do you need one? Do the homework before you start investing the marketing budget.
Your Target Market
Once ready to embark on a digital marketing campaign, fully assess just who your target market is. Is it the teenager that hangs out in the mall on the weekends, or is it the 40-year-old male executive who plays the stock market? It is crucial to understand exactly who your product will appeal to, or who may be looking for a service such as yours.
Now, research how best to reach this target market. What web sites do they visit? What are they doing online? Investing in a decent online survey can quickly generate this information for you. But beware, this in itself is another minefield. Ask the right questions, and offer the right incentives, or you could end up with just a list of 5,000 people who have absolutely no interest in your product, but just want something for free.
Once you fully understand your target market, assess what they are doing in the digital world. Are they bloggers? Which web sites do they visit, and why?
And let's not forget that with the fast penetration of internet enabled cell phones in our country, it's important to know what they're doing online, as well as on their cell phones.
Investing your Digital Marketing Budget
Right, so you know what you want to achieve, your online presence is best optimised to achieve this, and you know who your target market is. So how do you reach them?
If you are an unknown brand, prepare yourself to set aside a large chunk of your budget for brand building in order to build consumer relationship and trust. This is generally best achieved using visual means, such as banners placed within appropriate interest sections on web sites that appeal to your target market. This however, does not have to be a brand building solution alone. A secondary objective could for example, include building a database of leads which you can then later, through relationship building, turn into customers. This can simply be through promoting an incentive to leave their details with you; which incentive can be communicated on the banner.
Have a competitive product which you KNOW everybody wants, and will be searching for? Think search marketing. This is not visual, so will not aid much in building your brand, but can quickly generate leads from comparative shoppers.
Think carefully too about the mindset your target market will be in when they see your ad. If you're selling a DIY product and your target market is males aged 25-40, there's no point trying to reach them when they're checking the rugby score. Think DIY or home improvement environments, as well as an audience that matches the demographics of your target market. Matching demographics alone, is not going to achieve the same results as also considering the mindset. For search marketing, think keywords that will be entered on a search engine when looking for a service or product such as your own.
Knowing, and understanding what your target market is doing online is crucial if you are to reach them effectively.
With the tracking technology available today for digital marketing, the return on investment can very quickly be analysed, thus ensuring future digital marketing investments are best optimised for your bottom line.
ABOUT THE AUTHOR
Andrea has been actively involved in local and international digital marketing since 1997 and has worked closely with key global companies on their digital marketing strategies. As one of the pioneering architects of the SA digital landscape, Andrea is a hugely respected talent in the digital marketing field and is the founder of digiVOX, a specialist digital marketing agency.
Visit our PRESS OFFICE: digiVOX is a specialist digital marketing agency providing marketers with a unique combination of digital marketing through a strategic, analytical, Return On Investment driven approach whilst employing world-class ad serving technology that measures and quantifies digital marketing performance.- more....
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