How can start-ups benefit from digital marketing
Online marketing is huge. It is now right at the center of any successful business. In fact, marketing teams are now as convinced as ever on its efficiency and effectiveness. What is more important is the fact that this form of marketing is not purely for the old businesses that have been around and done that. It is just as effective for all types of businesses, including start-ups.
Even when your current strategy seems to be bearing fruits, this is not an excuse for ignoring other strategies such as online marketing. With a solid marketing strategy in place, such as SEO, the start-up will help customers to conduct a detailed research regarding the purchase they want to make. The strategy also proves helpful to the sales team by easing pressure on them. Sales cycles grow shorter with the help of such types of marketing strategies.
The benefits that start-ups enjoy from digital marketing include:
Connecting with customers online
Browsing through hundreds of pages of broadsheets to get information on specific products and services is not a good strategy if you want to save time and money. Digital marketing helps start-ups connect with the more than 80% of customers who use the Internet to find the information they need regarding a service or product.
Generating higher conversion rates
Digital marketing enables start-ups to reach out to a bigger percentage of their target audience. In addition to this, digital marketing is effective in generating leads, which all start-ups need. In fact, conversion rates improve by as much as 24 percent when a start-up embraces this form of online marketing.
Cost-effective and saves money
The efforts that start-up owners put in place through digital marketing often prove not only cost-effective, but time-saving in the end. Start-up owners are able to make considerable savings from their efforts using this form of marketing. The money saved can then prove useful in a different project to help the start-up grow. Business can start a blogging section in their website to earn money from. By selecting a portion of the business website out for affiliate marketing or also known as AdSense will help to earn some decent amount.
Providing real-time customer service
Digital marketing requires real-time response and exchange of correspondence or messages between customers and businesses. In this regard, businesses will have no problem providing real-time customer service that includes giving solutions to problems that their clients present regarding products and services.
Connecting the business with mobile customers
Mobile customers have become one of the biggest groups of people in the world today. In fact, almost every person who has a mobile gadget uses it to browse the Internet in search of products. Digital marketing makes it possible for businesses and mobile consumers to connect.
Finally, digital marketing enables businesses to generate higher revenues. All the marketing campaigns you undertake online are capable of delivering higher returns on investment, which is something that the start-up needs from as early as possible. Through this form of marketing, start-ups will enjoy a better generation of Cost-Per-Lead compared to what they would achieve from telemarketing as well as traditional marketing strategies.
Therefore, there is no doubt that start-ups need to embrace digital marketing today. Any start-up who wants to connect better with its customers must embrace this marketing.
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