Here is why your business should start investing in Digital Marketing
Over the last decade the world of the Marketing has completely changed and it’s moving faster as the time passes by…new ways of advertising, new strategies, and new ideas are coming out. The advance in technology has gave businesses powerful tools they can use to help them grow, by reaching to their audience in a way that was never thought as something possible.
Here we present 5 reasons why your business should start investing in Digital Marketing:
1. You can position your business with a smaller investment.
Previously it was necessary to have a huge capital if your desire was to compete with large businesses, but now this has changed. There are so many ways to do digital marketing with little investment. By sending the right message, you can create brand awareness, get audience attention and increase visibility. If you are consistent in your approach, it will be easy for the audience to recognize and strengthen your brand.
2. Your advertisement will only be showed to the right audience.
Social platforms like Facebook allows you to create an advertising campaign that will only be displayed to a very specific group of people. This makes it a very effective way to advertise and you also won’t be wasting your money showing your advertisement to people that won’t be so interested in what you are offering.
3. You can meet the public opinion.
When you launch a campaign on social platforms, you are able interact with the people, receive their opinions and answer their questions in a way that was previously impossible.
4. You will improve your reputation on the internet.
If an advertising campaign is being successful, it can lead your business to get a good reputation and corporate image. This can improve your ranking on the internet ahead of the competition, which will translate into receiving more traffic to your site and getting more conversions.
5. You can easily check the data and results.
With Google Analytics and the insights tools offered by most social platforms, you are able to check on your campaigns at any time. Unlike traditional marketing methods, you can see in real time what is or is not working for your business online and you can adapt very quickly to improve your results.
In addition to all of this, not investing in digital marketing can be detrimental to your business, because your competitors can take a great advantage of this and surpass you. Investment in Digital Marketing becomes almost a necessity for businesses these days.
360-degree videos it's the newest trend in online video marketing
In 2017 360-Degree videos and virtual reality are gaining popularity among users, making them a tool for marketing that can be exploited in various fields, brands and agencies know this, so they already earmarked resources to develop content in these formats.
The markets of virtual reality (VR) and augmented reality (AR) is projected to be over $162 billion by 2020, according to the IDC.
Hence, this technology represents a new showcase for advertising and marketing since it can be applied from the personal branding, political marketing, digital marketing, and others.
We share with you some of the 360 ° videos that have been made in recent months:
Brands
Mercedes Benz invites users to take a ride on their SL on the Californian coastline.
Social Marketing
The brand of beer Belgian Stella Artois has joined water.org to launch the campaign "Buy a lady a drink" with the goal of awaring people on the problem of shortage of water in countries in way of development where mainly women and girls, have to make long trips just to get some of the vital fluid.
Fashion
The world of fashion is evolving, now the great designers opt for digital marketing strategies and social networks to show their new collections.
This video made by The Wall Street Journal cast a look in 360 of the New York Fashion Week Show.
Sports Marketing
The NFL joins this trend of 360 ° videos, starting this new series of videos called "NFL Immersed" providing fans with unprecedented access to their favorite players & teams.
Hotels Marketing
Atlantis The Palm Hotel, a luxurious Hotel located in Dubai has used this format to provide an immersive experience and showcase their beautiful arquitecture and amenities.
Other brands such as Mountain Dew, McDonalds, Vans, as well as institutions and media companies, bet on this new type of content. Is it the next generation in marketing?
Top six digital commerce and marketing trends for 2017
We present the 6 main digital commerce and marketing trends to take into account this year. 2016 has been a strong year for digital commerce, it has registered a growth of two digits in the Singles' Day in China and an increase of the 50% in mobile sales during the Black Friday in the US.
Consumers will use their mobile phone to make big purchases.
The desktop has been the King in purchases of high prices, but in 2017, consumers will feel equally comfortable purchasing big-ticket items from their smartphone. In the second quarter of 2016, the average order value was 27% higher in mobile applications in comparison to desktop and during the same period, the average order value was only 9% lower on mobile browsers in comparison to desktop.
To capture the growing average order value, retailers should focus on consumer safety and comfort in the mobile payment process. Consumers will feel more confident at the end of a big purchase from their mobile phone if they experience an easy navigation and a shorter verification process.
Retailers will seek opportunities to join assets and face the growing competition from Amazon.
It will be increasingly more frequent to retailers to join their resources, and share customer data, to gain strength when it comes to compete with Amazon and decrease dependence on Facebook and Google. Amazon is expanding to new areas with strategies of diversification, by what in 2017 will be fundamental that those retailers seek the appropriate associations to compete against this digital giant.
The PLA (Product Listing Ads, known as Google Shopping) will appear as a key channel for the acquisition of customers.
In 2017, retailers will invest more in Google Shopping and expanded capabilities in Search to improve the discovery and customer conversions. As the paid search turns more competitive and the advertisers more sophisticated with the segmentation and the attribution, the channels of high investment must be more responsible of the results.
This reaffirms that the retailers should invest in channels of search, as PLAs that is directed mainly to the users in the phase of discovery, and in technologies that put data behind the efforts of acquisition of customers.
The advertising in video will take advantage of all the potential of the programmatic.
This year, the programmatic not only will be used for video ads, but also to automate the creation and optimization of ads. Thousands of dynamically generated variations by video announcements will allow to those advertisers run highly targeted campaigns.
Now, programmatic advertisers can create thousands of combinations of text and images overlapping in the video in real time to offer a highly personalized experience.
Brands manufacturers will require more transparency on trade marketing.
In 2017, the manufacturers will require more accurate and impartial measurements of the ROI on the large amounts of money they spend with the retailers. Thus, budgets from sales and marketing of manufacturers will converge as consumers are more easily identifiable across platforms, and media.
The competition in the expenses will increase as the budgets are refocus towards objectives of branding and performance (results). This assumes that, to compete by the budgets of trade marketing of the manufacturers, the retailers must have the adequate technology to measure with precision the ROI of the manufacturers.
Occident will also give priority to mobiles, imitating to emerging markets.
It is expected that in 2017 the majority of online retailers become brands 'mobile first'. In addition, the leader’s retailers in mobile web will see a 39% more conversions than the laggards.
With the mobile becoming the main digital channel to interact with consumers, retailers must make mobile a priority in their web designs. Being mobile responsive it’s not enough anymore, so it is essential for advertisers to learn the best practices in mobile first and mobile emerging markets only.
These predictions conclude that 2017 will be defined by significant changes in technology marketing and consumer behavior, so both retailers and marketers must consider:
- Develop skills to compete and to reduce the dependence of digital giants: retailers should invest in technologies that connect contact points online and offline to maintain their participation in commercial budgets of manufacturers.
- Advertisers should invest more in PLAs (Google Shopping), mainly for targeting users in the phase of discovery, and the technologies that put data behind customer acquisition efforts.
- Mobile will continue to grow to become the most important driver for digital commerce in 2017 and both retailers as marketers must ensure that they deliver a great mobile experience that allows consumers to complete more purchases from their mobile.