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Gustav Zhuravlev
Gustav Zhuravlev

Understanding Digital Marketing: Marketing Stra... [REPACK]

Despite some rather tame points of merit, it's a claim that ultimately is not sustained. With just 33 novel-sized pages on search marketing, 15 on e-mail marketing, eight pages on affiliate marketing and 11 on digital media creative, it cannot possibly deliver such detailed exploration. And therein lays my biggest gripe about such titles. In reaching for sales, publishers are forced to present such works as being everything to every person. Comprehensive. Insightful. Seminal. Life changing!

Understanding Digital Marketing: Marketing Stra...

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And so to the final chapter, in which the authors pledge to describe the key trends shaping the digital marketing landscape, how the relationship between consumers and marketers is evolving, and the main challenges for digital marketers over the next 3 years? The answers: word of mouth, search, mobile, behavioural tracking and measurement, in-game advertising and holistic marketing. So now you know.

From a higher-level standpoint, marketing strategy is the process of identifying specific marketing goals. An overall marketing strategy highlights achievable goals for traditional (print, radio, broadcast) and digital channels. Using established strategies and goals, marketers evaluate various marketing tactics necessary to achieve those strategic goals.

Digital marketing campaigns are the execution of the strategy and tactics. The marketing tactics used to execute these campaigns often vary by channel, audience, and other factors. An effective digital marketing campaign will reflect a substantially similar message across multiple channels.

There are countless digital marketing tactics in existence, often adjusting to meet the varying organizational goals and marketing strategies. Several common digital marketing tactics that many organizations employ successfully include:

The components of an ideal digital marketing strategy can fluctuate greatly from organization to organization. After all, the overall business directives and specific marketing goals will reflect differences, often based on culture, product offerings, revenue targets, and the like.

But by aligning multiple strategies and tactics with SMART business goals and segmented buyer personas, businesses of all shapes and sizes can enjoy the benefits of digital marketing. Though the precise benefits do vary based on the amount of resources dedicated to digital marketing strategies and tactics.

For startups and small businesses, digital marketing strategy will likely focus on cost-effective tactics to meet organizational goals. These organizations can leverage SEO, SMM, and content marketing at a low cost to realize digital marketing goals. The lower barrier to entry and cost for these tactics enables organizations of every shape and size to take advantage.

As organizations grow, their marketing and advertising budgets typically expand in kind. Accordingly, the potential benefits from effective marketing tactics can increase exponentially through overlapping marketing, advertising, and public/investor relations campaigns. Add this all together, and organizations that dedicate significant budget and resources to digital marketing can reap tremendous rewards.

If you need assistance with the creation or implementation of a digital marketing strategy, it can be tremendously valuable to join the ranks of the American Marketing Association (AMA). As a leading voice in the marketing world, the AMA assists its members through analytical publications, certifications, networking, and many other membership benefits. If you are interested in improving your marketing skills and network, join AMA today!

A digital marketing platform is a solution that supports a variety of functions within the realm of marketing over the internet. According to Gartner, it is important to note that to classify as a digital marketing platform, the solution cannot claim to support every component of digital marketing, but rather will rather cover functionality like media buying, performance measurement and optimization, and brand tracking. However, it may not cover other marketing strategies, like SEO or social media.

Gartner also notes that in the context of modern business, digital marketing platforms are tools that provide multiple business or technology capabilities. While there are tools to address specific functions within one business need, such as a single tool to schedule social media updates alone, platforms support multiple marketing functions across various needs. Digital marketing platforms typically enable an extensive set of multiple functions at once by use of APIs, integrations, and partnerships with other applications or data sources.

Digital marketing is any marketing initiative that leverages online media and the internet through connected devices such as mobile phones, home computers, or the Internet of Things (IoT). Common digital marketing initiatives center around distributing a brand message through search engines, social media, applications, email, and websites.

Today, digital marketing often focuses on reaching a customer with increasingly conversion-oriented messages across multiple channels as they move down the sales funnel. Ideally, marketing teams will be able to track the role each of these messages and/or channels plays in reaching their ultimate goal of gaining a customer.

With this increased use of technology, digital marketing platforms have become essential to the digital marketing world. Tech advancements such as AI and machine learning make marketers better equipped with the marketing technology they need to reach consumers on digital devices at just the right moment, as opposed to traditional marketing methods,which have to be planned and placed well in advance. Platforms such as Facebook, Instagram, Tik Tok, and blogs have now taken over the digital marketing space.

By employing digital marketing initiatives, your organization can create a more cohesive, customer-oriented program that maximizes benefits for your clients. Digital marketing platforms can also be beneficial for easy measurement and adjustment of company goals and bring you a better return on investment.

Here is an example of influencer marketing: GoPro partnered up with this Colorado-based influencer, Loki, whose followers include many outdoor enthusiasts. This put their product in front of their target audience, with a recommendation from a like-minded, trustworthy source.

For example, a consumer might realize they need new shoes to wear to the gym. The digital marketing team for an activewear company may produce a piece about what features you need from a running shoe, as opposed to what you need if you focus on strength training. Looking at this content, the buyer determines they need a pair of running shoes that meets that criteria. Another piece of content might show the most popular running shoes and their price points. Once they are educated on these factors, they decide.

Affiliate marketing has proved so effective for attracting customers and increasing sales that during a survey, 90% of businesses who run an affiliate program stated it was a key part of their digital marketing strategy.

Mobile marketing initiatives can include many of the digital marketing strategies mentioned above, and typically leverage a combination of text messages, social media, email, push notifications, and mobile applications. The importance of mobile marketing is rising, as it is expected that by 2024, the number of mobile shoppers will rise to approximately 187.5 million users. With the clear move to mobile, digital marketers need to think about how they can optimize their current marketing efforts for mobile to be able to deliver a seamless and user-friendly experience.

Marketing analytics platforms allow businesses to collect and analyze the data from their digital marketing campaigns to determine how effective their campaigns have been, what ROI they can expect from them, and what can be done to increase revenue from their marketing in the future.

Many marketers struggle with determining which digital marketing channels are driving the most value, and therefore the ones they should spend more on. This challenge is exacerbated by the increasingly wide variety of digital channels they need to be present on in order to build a truly effective digital marketing strategy.

With this in mind, digital marketing teams should leverage a platform that uses advanced attribution modeling. Attribution is the action of finding out where exactly a customer came from before buying your product, booking a call, or signing up for your event, whether that be from an ad, a social media post, or a word-of-mouth referral. Correctly attributing where each customer originated from provides precious insights into where to more effectively spend marketing dollars and what success rates look like across multiple digital channels, along with generating actionable suggestions on how to then optimize ad spend and other marketing costs.

There are many types of attribution models - and if your team is using outdated models (like last-click attribution), you could be missing out on opportunities to make the most of your digital channels. Using a digital marketing tool, marketing teams are more likely to glean accurate attribution models, such as those derived from unified measurement.

With the right digital marketing platform, you can gain a better understanding of what type of content resonates with your customers across platforms. This allows digital marketers to understand which voice and creative elements garner the most engagement, and ultimately, the most sales and revenue.

The right digital marketing platform will help you make better choices around how to drive revenue when planning media, tracking your brand across channels, leveraging new advertising techniques or conducting media buys. A major part of this is assisting marketers in understanding both direct response campaigns and more qualitative campaigns, such as brand building. Digital marketing platforms can assist in developing the KPIs to test these, and provide metrics into how their value compares over time. 041b061a72


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