Almost every good business or individual curates a digital marketing strategy at some point. But if this is your first time seeing this term, it’s basically a set of actions that help achieve your vision via digital marketing. As attractively difficult as the term ‘strategy’ is, it doesn’t have to be like that.
Almost anyone can come up with it. This strategy, as well as almost all others, is a plan of achieving a certain goal set – if you want 30% more visitors in one month – that’s certainly a goal you can include in your strategy!
The digital world is constantly changing, and with it, the entire process of optimizing your website for search engines, as well as promoting it online through both free and paid channels. Unless you’re experienced with SEO, you’ll have a lot of headaches figuring out where to start – there’s content marketing, setting up analytic s properly, getting your website reviewed for errors by online tools, and the list just goes on and on.
Digital Marketing 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.
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.
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.
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.”
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.
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.
As difficult as it might be for an individual to create a marketing strategy, we suggest reading through the short list of steps down below that will help you in your journey towards the most effective marketing strategies you will ever come up with.
Know your target audience
There is a massive load of Internet articles telling you how you can come up with the perfect buyer personas, but we’ll sum up the most basic thing you should follow right here. No matter whether you do your business on or off the Internet, you need to know your audience. We’re talking about the customers you actually want to sell to, and you can create your target audience via research.
Don’t be afraid to interview people you might think will make the perfect target audience. Now that you know who you should interview, it’s time to think about the type of information you should gather. Here are some of the most common points to watch out for:
? Demographic information
You want to focus on the location, age, income, and job of each individual. The best tool to help you sort out the location is by far Google Analytics, as it can easily identify what country your visitors are coming from. As far as the age goes, it can be both relevant and irrelevant. This data is mostly gathered via a customer database. The best way to gather job titles is to compare them with your own business and then find a good middle point.
The income is something we don’t recommend focusing on, because it’s sensitive information.
This is where you set up your goals, challenges, hobbies, and interests. The best technique of accumulating all this data is by speaking directly to customers and salespeople. This task will get you the list of all the problems people are currently facing. You’ll also get an insight into where you can step in and make things better.
Make an estimate of your digital marketing channels
This is when you first consider what needs to be avoided, and what needs to be embraced in order to not get overwhelmed. You need to make the difference between the media you own (the website and social media pages) and the ones you don’t – the earned (PR) and the paid media (Google AdWords). Gather all of this to have a clear picture of the things you can work with. The best practise is to mix up all three types.
Bring it all together.
After the planning and the research, you finally have a vision of where to go and what to do. Now is the perfect time to create a solid document with your entire digital marketing strategy. Make sure to map out every action you wish to take, and you’ll be on your way to making profit with your business!
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