Concept of Digital Marketing in Today’s Business
Since World Wide Web (WWW) had been introduced
in 1990, the medium of communication had changed its definition. For companies
and their products great opportunities lie ahead, because of tremendous growth and
interest in the internet. Digital marketing, a huge platform and one of the
vertical provided by internet, has changed the method of how businesses are
able to get their product to the consumer. The traditional process of
distribution in marketing consists of product, procedure, wholesaler, retailer
and the consumer. But now with digital marketing the definition of distribution
has changed. In digital marketing, the process of distribution directly passes
from producer to consumer, via a digital marketer.
The concept of digital advertising
agencies lies in 21st century is very
innovative and novel. The simple understanding of digital marketing can be, a
medium by which products and services are promoted with the use of database-
driven online distribution channel to reach consumer in an appropriate,
significant and lucrative manner. Online
advertisement, email, online banking and one click payments, wireless text
messages, blogging and digital entertainment broadcasting platforms, are the
few examples of digital marketing.
Digital advertising
is the best opted method for business because,
for developing better business and marketing techniques, feedback mechanism is
an important factor. In digital marketing, the advertisers as well as all
people emerge in digital businesses, can easily know how many times and how
long the campaign had been displayed on internet, how many people have seen
this campaign, also it comes to know how many responses have been received, how
many purchases have been made through internet. With this fast-end technology,
we live in a super-connected world these days.
From retail to brands
agencies, every industry has been affected by the advances of the digital
world. According to a study on the ‘management techniques of digital
marketing,’ we found that only 46% of brands don’t have a defined
digital marketing strategy in India, while 16% do have a strong strategy but
haven’t yet implemented into their marketing activity and rest 38% are doing
well with a strategic planning for managing digital marketing.
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