online marketing strategy

Build an online marketing strategy now or lose the game

Setting up successful businesses remains a challenge as one may not know how vital digital and mobile channels are today for acquiring and retaining customers. They might not have an integrated plan to grow and engage their online targeted visitors and customers effectively. Another challenge which you may face in digital marketing is its scope and scale. Some beneficial digital marketing techniques like search, social and email marketing, are available to improve the digital experience of your website or blog. Always follow the ‘Opportunity, Strategy, Action’ approach ( OSA ) to improve digital marketing efforts. for the successful online business, you have to build an online marketing strategy.

Need for a digital online marketing strategy:

 An effective online digital content marketing strategy is required because of two major reasons. First, a separate digital marketing plan is required to be made to show different opportunities problems and specific strategies. It also helps to integrate digital marketing strategies into any other business activities you may undertake. Second, it also demonstrates the way different digital tools can be integrated into your marketing strategy, Remember, since it is an important strategy for any business, it should be considered seriously as separate planning is not required, except for the tactics.

Importance of an online marketing strategy:

Over the years, many tests on online marketing strategy have shown some big improvements in business revenue and profitability. However, its importance is highly underestimated. We should understand that the real challenge for any enterprise or organization is the creation and retention of a loyal customer base. With the aim in mind, most companies like to advertise through electronic and print media in order to attract more customers. However, this not only proves expensive but all the required information cannot be given to the targeted visitors/customers. Hence, there is a need for a properly advertised and SEO complaint website or blog. Therefore, it is recommended that you should make an effective content strategy in advance if you want to outsmart your competitors.

online marketing strategy

Advantages of having an online marketing strategy:

1. You find yourself in the right direction:

The need for a digital online marketing strategy arises because companies without an online digital, marketing strategy do not have a clear strategic goal and are clueless about adding new customers or building deeper relationships with existing ones. If you do not have goals and clearly defined digital marketing objectives, you are not likely to deploy enough resources to achieve the goals.

2. You would know your online targeted visitors, customers or market share:

Customer demand for online services may be underestimated if the online marketplace, different types of customer profile and behavior are not properly understood. Furthermore, knowledge of competitors, propositions, and other marketing communications is also helpful. There are many tools available from on various digital platforms which can help you predict customer demand. For example, using Google’s Keyword planner can give you insight into how many people interested in products or services or sector you could reach through Facebook.

3. You will have a powerful online value of your products/services:

A clearly defined online customer value proposition offers you to target different customer personas. This will help you differentiate your online service, encouraging existing and new customers to engage initially and stay loyal. Developing a competitive content marketing strategy is key to this for many organizations since the content is what engages your visitors/intended consumers of your blog or website.

4. You will be able to have an upper hand over the market share of your existing and start-up competitors:

If you’re not devoting enough resources to digital marketing or you are using a casual approach with no clearly defined in marketing strategies, then your competitors will eat into your business share and adversely hit its profits/viability.

5. You will know your online customers well:

Google Analytics and other similar tools will only help you know volumes of visits but not the sentiment of visitors or targeted customers. However, you need to use other forms of website user feedback tools to identify and rectify your weak points. This feedback provides critical input to creating demand.

6. You will always be integrated:

Digital media work best when integrated with traditional media and response channels. Therefore, it is always recommended that you develop an integrated digital marketing strategy and once the digital transformation is complete, all the digital marketing activities will be part of your marketing plan and part of business as usual.

7. Your digital media segment will have enough people/budget as per its importance:

In the absence of a sound content marketing strategy, Insufficient resource may be devoted to planning and e-marketing and there might be lack of specific e-marketing skills,  which will make it difficult to respond to competition risks, more effectively.

8. You will save on money and time by avoiding duplication:

Even if investors have sufficient resources, they may not give you the desired returns. This is particularly seen in larger companies where different departments of the business organization, purchase different tools or using different agencies for performing similar online marketing tasks.

9. You’ will be always competitive:

A careful look at the top online brands like Amazon, Dell, Google, Tesco, Zappos, will show that they all invest heavily in ways of online marketing, to gain or keep their online visitors/costumers thereby increasing the revenue.

10. You will be optimizing:

Every company with a website will have an analytic tool. However, many senior managers may not ensure that their teams act on them due to lack of dedication or time. However, once a strategy is made as per basics, then you can make progress to desired goals like search marketing, site user experience, email, and social media marketing.
So, you have some powerful and valid reasons for creating a digital strategy and transforming your marketing which you can use to persuade your clients. Now, you can also learn from others experience on how they have successfully benefited from integrated digital marketing and expended their activity base to increase their business. This may work to your advantage and give you an edge over them in terms of increased business revenue, by beating the competition.

Also Read:

A beginner guide to paid and organic social media marketing


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