Learn about the benefits of online marketing and take your business to the next level According to data published in September of 2021, as of 2019 and 2020, the average daily social media usage of internet users worldwide amounted to 145 minutes per day, up from 142 minutes in the previous year (Statista). This statistic is a great starting point to discuss why more businesses are investing in digital marketing. Some of the answers lie in benefits such as targeting a specific audience, helpful feedback and boosting a company’s creativity.
Below there are three major points that showcase the reason and importance of a digital marketing investment for businesses that can help them increase their income and focus their budget on result-delivering strategies using current and fast-growing communication channels.
Reach More People
The internet is available in almost every corner of the planet, meaning that companies can reach more people with a proper digital marketing investment. From social media platforms to advertising campaigns, there’s no limit when it comes to spreading a business’ name online.
Online advertising can help companies find their target audience more efficiently and fast and receive valuable feedback from them in terms of their products, services, and marketing campaigns that can be used to perfect their brand.
Target A Specific Audience
Continuing with this previous point, one of the most well-known advantages of online marketing is its ability to reach the right people for every company. The leading platforms used for online advertising, such as Google, Facebook, and Instagram, use algorithms that create a custom experience for users where they are shown products and services related to their likings; this is great to showcase a company’s work to a specific audience that will be interested in them.
A digital marketing investment can collect important data about their audience, such as their age, location, and average time spent on specific platforms that can be used to perfect a company’s marketing strategy and approach to delivering specific content to their audience.
A brand whose target audience is teenagers aged 13-17 will not have the same online advertising strategy as a company whose products are focused on adults in their late 40s. This will also vary the platform used and type of content used for publicity (teenagers nowadays are drawn to apps like TikTok and Instagram with videos being their favorite type of content, whereas adults in their late 40s are more into Facebook and images with text).
Boost Business Creativity
A full service digital marketing company can help businesses become more creative and develop new products and services thanks to the innovative marketing strategies used to reach more people and grow their audience. By constantly finding new ways to reach consumers, brands are becoming more and more creative, thus turning into reality projects they might have thought were impossible to carry out.
Online advertisement data can give companies detailed insight into their target audience’s likes and create extraordinary publicity that will capture their attention. Furthermore, brands that take into account their consumer’s likings are far more likely to establish a strong relationship with them, therefore increasing their online presence and sales.
The Bottom Line
Digital marketing is a must-have part of every business that can boost their online presence and target a specific audience for every product or service they have. Over the last few years, the online advertisement field has grown tremendously. It has helped many companies create long-lasting bonds with their consumers due to their specific campaigns that are aligned with users’ values and opinions.
The three reasons explained above showcase why businesses are investing in digital marketing as well as why it is an essential part of every current company. Targeting a specific audience, perfecting a brand’s approach, and boosting a company’s creativity are just some of the many benefits of a digital marketing investment that every owner should have in mind.