Will Digital Marketing Replace the Traditional Marketing?

 
Digital vs Traditional Marketing

A decade ago, when consumers need to learn about a new product, the traditional marketing method worked well. Nowadays, 6 people out of 10 make their purchase after learning or being influenced by a product through online marketing. So, it’s going to get harder for companies to compete in the market without incorporating digital marketing techniques. Digital marketing (DM) is going to demand a huge portion of the organization’s marketing, but traditional marketing is still effective when used correctly.

What is Traditional Marketing?

Traditional Marketing is one of the marketing approaches in which marketers use offline strategies like postcards, brochures, letters, newspapers, magazines, billboards, and flyers for advertising the product and the services of a business.

Traditional Marketing techniques:

Although it is a digital era, traditional marketing methods are still in practice. For example. Cold calls remain the number one approach in generating warm leads and improved sales. While the billboards, ad signs, TV/Radio advertisements are extremely costly for the small business. Traditional Marketing techniques include,

  • Print Advertisements: Print advertisements are the method of placing ads in magazines, newspapers, and other printed publications. Giving an ad in the newspaper is out of reach for small businesses, but giving an advertisement in the local magazine is possible which can cover a lot of local consumers for the product.
  • Broadcast Marketing: Broadcast marketing is a commercial advertisement on TV and Radio. The TV ads have a good reach among the consumers since the ads are memorable. With increased TV time, many companies use this as an opportunity to create strong brand awareness for their business.
  • Direct Mail Marketing: Direct Mail has greater power to influence readers. The feature scores on personalizing, creativity, and targeting a particular audience. If the elder people from the customer base of the product who doesn’t spend much time on the internet like the younger generation, then Direct mail marketing is a perfect choice.
  • Telephone Marketing: Outbound and inbound telemarketing still have a strong influence on the marketing industry. This method has the most influential B2B lead generation strategy. This marketing method helps to build your database and appointments to follow up on a marketing campaign and keep in touch with the customers.
  • Brochures and posters Marketing: This method is more connective and interactive, which attracts customers through coupons and offers on an ongoing sale. B2C companies use this versatile marketing tool to inform customers about their services to the customers. This marketing method includes billboards, signage, posters, and flyers, found in buildings, malls, shops, taxies and walls, which make it one of the effective traditional marketing methods.

What is Digital Marketing?

Advertising and marketing online to reach customers. Digital Marketing uses the internet and social media platforms to create a strong online presence of the company to promote the products and services of a business.

Digital Marketing techniques:

Digital Marketing can help business firms to extend brands online, save costs and add value. Regardless of size, any business can leverage digital marketing to reach the target audience, connect with prospects and convert them into customers/clients. Most B2B of B2C companies utilize social media for effective content marketing.

  • Search Engine Optimization: SEO is the process of optimizing a website to rank better in organic search. The higher the website ranks, the people will become more familiar with the website. Search Engine Optimization helps to build brand awareness and trust among the customers. SEO is one of the best ways for the business to connect with the customers of a product or service. For effective SEO, it is important to know about the customer needs and to produce effective content with keyword integration. Next is to review and improve On-Page SEO Factors. Finally, it is important to track the results with tools like Google Analytics and Google Webmaster to improve website performance.
  • Social Media Marketing: Social Media Marketing is a process of gaining website traffic, increase sales and brand awareness through social media platforms to market a company’s product and service. Some of the popular internet marketing strategies include Facebook, Twitter, Instagram, Pinterest, and LinkedIn. The marketing method includes updating content, image, and video that drives audience engagement. The more engaged audience on social media networks paves the way to achieve the marketing goal.
  • Email Marketing: Email Marketing is an excellent technique to build brand awareness and create loyal customers for the product/services of an organization. Marketing the products through email is a fast, flexible, and cost-effective method. Helps with targeted and personalized messages to retain existing customers. The email campaign stages include defining email marketing goals, collecting target email addresses, choosing an email marketing service, setting the database, content production, email setup formation, broadcasting the email, and then track the results to improve the next email campaign.
  • Website Optimization: Website Optimization is a process of using advanced tools and strategies to improve the performance of the business website. This optimization increases conversions, drive more traffic, and grow revenue. The goal is to make the site as appealing to search engines and consumers as possible. To optimize a website for online marketing, a business should improve page speed, content and optimize the mobile experience.
  • PPC Marketing: Pay-Per-Click (PPC) is an online marketing method that helps the marketers to place an ad on a search engines and the advertisers have to pay the host for each click on their ads. Rather than getting the clicks organically, paid ads help to receive more clicks to the website. For a well-designed PPC campaign, the visit of a potential viewer to the website is more valuable than the PPC fee.

Traditional Marketing vs Digital Marketing:

Understanding the difference between Traditional Marketing vs. Digital Marketing is important since choosing a promising market is the only step for a successful business.

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A recent automation revolution had a great impact on Digital markets and reduces a lot of manual processes for both the marketer and consumer. Although the traditional market is having its effective method, as per the marketing trends digital marketing is slightly ahead of the traditional methods.

Which marketing method is suitable for today’s business?

In today’s world, Digital Marketing is a necessary supplement to market products online. According to a survey, 82% of consumers conduct research online and 79% of people shop online. So small businesses are implementing digital marketing tactics for the effective reach and engagement of the target consumers online. Digital marketing has proven results that digital marketing tactics are the most cost-effective way for B2B and B2C companies to reach potential customers.

Digital Marketing
  • Digital marketing is target-oriented, results are measurable and creates engagement. On the downside, the trends are constantly evolving, less permanent and the ads are potentially annoying
  • Digital marketing, on the other hand, provides several digital platforms to track and analyze customer feedback. Active listening helps to attain customer satisfaction.
  • Digital marketing provides quick and real-time results easily.The marketing team can update their strategy based on the results.
  • But online marketing doesn’t need a lot of money to advertise their product. Based on needs, the company can also implement paid ads for promotion.
  • In Digital marketing, physical presence is an added advantage in most cases, it doesn’t require one.
Traditional marketing
  • Traditional marketing is impactful, permanent and memorable. On the downside, the results are hard to measure, expensive and no targeted approach
  • Traditional marketing lacks communication facilities and makes it tough for the company to track and record customer reviews and responses. This leads to poor customer relationship with the organization.
  • Traditional marketing has made the company wait for several weeks and months to know about the results. Doesn’t create qualified leads.
  • Traditional marketing methods are quite expensive. As it needs printing and radio/TV advertisements. But online marketing doesn’t need a lot of money to advertise their product. Based on needs, the company can also implement paid ads for promotion.
  • Traditional marketing helps to reach the local audience easily and requires a personal approach to create brand awareness.
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