Digital agency Halifax is continually evolving and this may seem unsettling at times. Strategies that were working in past, might not be effective in the present. Do you know why many businesses fail to get ahead of their competitors? It’s simply because they are not willing to adapt to the ever-changing world of digital media. But, the great thing about a digital marketing strategy is that you can change them on the fly in response to real-time results and analytics data. While this may seem tricky as if you change things too quickly, you may not be able to find if your strategy worked for long-term. But if you wait for a long time, you are likely to waste your two valuable resources: time and money.
With that said, how do you know when its the right time to change your Digital Marketing strategy? To help you keep up with the fast-paced industry, I’ve created this post to help you know when to change your digital marketing strategy.
Below are the 5 signs to help you decide when to quit your existing strategy.
1. Focusing on low-value metrics
If you’re concentrating on low-value metrics like impressions and clicks, you may be missing out because impressions and clicks only let you know about your marketing visibility. And not the real accuracy of your strategies.
2. Only focusing on your brand not on audience needs
Every marketer wants to spread their brand name but you should not overdo by pasting your brand name all over everything. In fact, make your content educational that focus on your audience problems and needs. This would really help you in targeting buyers in initial stages of the buyer’s journey.
3. Over usage of keywords
Although, it’s required to place keywords in your content, Google’s priority always lies in providing reach user experience and relevancy of content. Google has nothing to do with how many times your site shows the keyword like “Digital Marketing Strategy.”
4. Don’t rely on your instinct
Your prior experience is certainly precious. But your decision-making process should not be only based on what worked in the past. It’s a really bad idea as what worked tomorrow may be completely irrelevant today. Therefore guiding your marketing strategy through objective data will only get you better results.
5. Not integrated
Whether it’s about veteran digital marketer, sitting in IT or a start-up company, it’s too common for digital marketing strategies to be finished in silos. It is an easier way but of course, it’s not effective. It’s true that digital approach works best when it’s integrated with traditional channels.
Now you know that if you need to change your digital marketing strategy or not, here is a complete guide to help you build a new, powerful marketing strategy to achieve your online goals.
What are the essential steps for creating an effective digital marketing strategy?
When creating a marketing strategy for your business, always keep your audience first. Set goals, plan your strategy, implement it, and finally measure your success.
- Research on your target market and competitors
- Know your audience because if you don’t them, how can you help them
- Integrate different marketing strategies and use only the correct tools
- If you don’t have the required skills set, don’t hesitate to purchase special services
- Identify your online value proposition and apply it across all digital marketing channels
- Last but definitely not the least, prepare yourself
But before you do something ask yourself few questions. Asking yourself right questions and having their answers in place will certainly help you make the right decisions. I’ve given some Q’s & A’s below to help you out.
Which digital channels are most effective for you and why?
With so many digital channels around, it gets difficult to choose the best one. So you can identify it with these simple basics:
- Identify the channel where most of your potential customers like to hang out
- Analyze your target audience behavior
- Build awareness with Twitter
- Attend industry events and conferences
- Social media and newsletters to reach out to your potential customers
- SEO or combination of SEO and PPC to help you attract more visitors
How to evaluate your digital marketing activities?
Unfortunately, some companies don’t know how to answer this question correctly. If you’re also one of them, don’t feel embarrassed! Just hop on and find out how can you determine the right metrics and evaluate your current digital marketing activities.
- Identify your target KPI (Key Performance Indicator) to help you understand what’s working
- Monitor your website traffic and sales to know the necessary statistics about your customers
- Track and measure your metrics through Google Analytics
- Survey your site visitors to find if they’re satisfied with your solutions
- Track ROI, conversions, market share, and sales
How to make your business stand out from the crowd?
In today’s competitive digital market it’s really difficult to make your business stand out from your competitors. But an effective strategy can help you stay ahead of them. Let’s see how.
- Effectively communicate and educate your customers
- Stay honest and transparent to build customer’s loyalty
- Talk less, listen more
- Be authoritative and helpful in what you do
- Know your competitors and learn from them
- Be creative, open-minded, and try new technologies
- Speak in your audience language
- Use proof points and testimonials to show you’re the best
Digital marketing has changed the conventional business strategies completely. Since people are relying more on digital data, companies start taking the digital platform seriously. Business follows consumers no matter where they are. Marketing strategies are changed as per the requirement of the companies. Getting a good rank on the result page of the search engine is as much necessary as having a proper marketing plan for the business. From startups to established names, every company must adopt a unique strategy to target the market. This form of marketing comes up with enormous benefits for business, from increasing profit margins to brand values. The content below discusses why you need digital marketing for your business.
Help you improve brand image:
If you have brand values more than others, your business will go towards the positive note with profits and success. Digital media are helping business entities grow their brand values with proper strategies. Like brick and mortar stores, online outlets also count footfalls. Getting traffic to a website is no longer a difficult task since Search Engine Optimization (SEO) ensures makes a website user-friendly and trustworthy. Through digital media, a two-way communication is made between companies and consumers. This helps them post their reviews and feedbacks about a purchase or a company. Positive reviews help you set up a strong brand image.
Encourage consumer engagement:
Users’ engagement plays an important when it comes to growing your business. Social media are the great platforms where you can measure the engagement through interesting posts. To give you the best business, Social Media Marketing (SMM) strategies are there that help you. SMM is an innovative way to attract users’ interest. Companies are running various ad campaigns on the social media to enlarge their target network. The craze of ‘Like, Share and Comment’ should not be ignored because it spreads your business goals like fire. If your content is interesting, users will share the content with others. Thus, you will enhance your consumer group.
Make the marketing plan stronger and better:
Digital marketing overruns the traditional business methods. The conventional process has a little scope to know or monitor the competitors’ goals and strategies. With large data being shared digitally every day, companies can track others’ business well. They get information about the new product details, discounts and offers of the competitors.
Earlier, small companies did not get enough resources to compete with the big names. The world of business turned completely. Small companies or startups are also playing well and giving the established firms a tough competition. Right tool and right tactics of digital marketing can make a big difference. It is all about how well you can connect with your consumers.
Offer huge options for your business:
Digital marketing is a large and vast concept to understand. It is made of many related theories like SEO, SMM, online video marketing, digital display advertising, and many. While SEO makes your site search engine friendly, SMM works on improving the social engagement of your company. Display or online video advertising entertains as well informs your buyers. Every form of digital marketing is essential to tap the right benefit for your companies. Applying a unique strategy helps you grow your business.
