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Digital Marketing
Digital Marketing
Channel attribution
The area of channel attribution modeling is still in the evolving stage and there
are various techniques that analysts utilize to arrive at the golden numbers. Here
are some of the popular techniques used:
Last-click model: This is a single touch-point model where the credit for
the purchase is given to the online customer touch point from which the
click-to-purchase occurred.
First-click/First touch-point model: This is also a single touch-point
model where the credit for the sale is given to first identifiable click or ad
impression/view recorded for a customer.
Average allocation model: This is the multi touch-point model where
equal credit is given to all the recorded touch-points.
U-shape model: In this multi touch-point model higher credit is given to
the touch-points at the beginning and the end of the customer journey.
Time decay model: In this model more credit is given to the touch-points
at the end of the customer path to purchase.
Out of the various models mentioned above 80% of the digital marketers use the
last-click approach. Although, the results received through this model do not
give the complete picture; implementing a sophisticated multi touch-point
channel attribution analytics model is not as easy as it sounds. Even though it a
big challenge, many digital marketers are slowly moving towards advanced
channel attribution analytics.
Why should digital marketers invest time in channel attribution analysis?
cost per acquisition: Channel attribution analytics can help marketers avoid
wastage of media impressions and boost h2>by investing in the right places and
keeping the CPA under control.
In order for companies to succeed, they should define their ambitions and then
act accordingly. Marketing in the digital age isn’t just about an innovative idea,
a new leader, or a major initiative. It’s about taking a set of deliberate and
reinforcing steps that results in the development of strong digital decisions.
With our FOCUS framework, we help companies shut out the noise, determine
what’s most important, and implement their digital changes.
Email marketing can help you build a relationship with your audience while
also driving traffic to your blog, social media, or anywhere else you’d like folks
to visit. You can even segment your emails and target users by demographic so
you’re only sending people the messages they want to see most.
Email marketing also allows you to run A/B tests of a subject line or call to
action to identify the best performing message by using email marketing
software that can also be configured to easily send out emails. Check out
Mailchimp's email templates to see more of what you can do with email
marketing.
Disadvantages of email marketing
While email marketing seems like the perfect way to reach out to customers,
create new prospects, and grow important business relationships, there are some
drawbacks. In fact, many businesses are opting to use EZ Texting as another
form of communication.
Here are some of the significant downsides to email marketing campaigns.
Spam
It seems like our inboxes are filled with worthless information. "Lose 25 pounds
in two weeks," "Click here for a big discount." We all get them and nearly
instantly hit delete. In addition, we never even see many of these emails because
they end up in our junk or spam folders. Unless you are actively avoiding spam
filters, these are messages are often just a waste of time for the company that
sent them.
Size
If your email is too large, it might take a long time to load—or even not load at
all. In that time it takes to download, a potential customer has just lost interest,
costing you business.
Competition
Disadvantages aside, email marketing is a popular form of marketing, which
means that your email isn’t going to be the only one flooding users' inboxes.
This means that to stand out from competitors, you might need to invest in
strong copywriters or offer additional promotions to capture your audience’s
attention.
Engagement
Frequently, a customer sees an ad and signs up for emails based on that 1
instance or offer. They may or may not use it. In any case, they are now in the
clients' database, but that doesn’t mean they will keep opening up your emails
and clicking through to your site. You have to continuously find ways to engage
your audience, or you might find yourself with high unopened rates or a lot of
people unsubscribing.
Design
Today, you can access an email across a range of devices, such as phones,
tablets, and computers. This means that unless you’re designing an email for
each platform, your customers might see a less than ideal version of your email.
Email marketers don’t know what type of operating system the recipient is
using. In many cases, what was once a visually appealing email, can have odd
breaks, missing visuals, and logos. These are annoying to the recipient and are
quickly deleted—especially if the recipient mistakes it for spam or a scam.
These emails are hard to read in most cases and are of very little value.
Cost
While many email services purport to be free, many still charge fees for
additional actions such as adding images or exceeding a word count. Make sure
that you know exactly what the guidelines are for free emails or understand
what additional charges you may incur. When you have someone design an
email template, help build a database of relevant contacts, and the dissemination
of the email may start stressing the budget.
Email marketing types and examples
There are many different types of email marketing. Each one serves a different
purpose and takes a different avenue to engage with your audience. We are
going to look at some of the many different types, so you can create the best
email marketing campaign for your company.
Welcome emails
This type of email welcomes customers and encourages them to learn more
about your product or service. They often offer a trial or other bonus. It is used
to introduce a potential new customer to the business.
Newsletter emails
Newsletter emails are very popular, and they often highlight new products and
services. They may also include articles, blogs, and customer reviews. Usually,
there will be a call to action to move the reader to do something, whether that is
reading a new blog post or checking out a new product.
Lead nurturing emails
This type of email targets a specific audience through a series of emails in the
hope of eventually converting them. Typically, lead nurturing emails focus on a
group that is interested in a specific product or service and then build their
interest through more emails that offer additional information or relevant
promotions. The goal is to push users from the consideration stage to the
purchasing stage.
Confirmation emails
Those that have recently signed up for emails or newsletters, or have purchased
an item online for the first time may get a confirmation email. This ensures the
prospect that the information has been received and they are on the list to
receive additional information. These are also a way to let users know that their
purchase has been received or that their sign-up was successful and can include
more actions for them to take.
Dedicated emails
If you want to reach out to only a portion of your email list, this is called a
dedicated email. Its list may be based on recent purchases, inactive clients, new
members, and other specific types of criteria.
Invite emails
These types of emails often announce upcoming events, new product launches,
and seminars. Most companies use these types of emails when there is
something special going on to gain attention and increase awareness about
special events.
Promotional emails
These types of marketing emails are very common and tend to be generic and
go out to a large audience. They are usually used to maintain awareness and
may tease new products and services.
Survey email
Feedback from customers is one of the best tools for a business. Sending out
these emails communicates to your customers that you value their opinion and
want to create an experience, product, or whatever you’re offering that they’ll
enjoy. Businesses can also take the feedback from these surveys and apply them
to their offerings, creating what is hopefully a better product.
Seasonal marketing emails
Many companies take advantage of the holiday season or special occasions to
reach out to their customers and prospects with information on upcoming sales
and promotions. They are often tied to holidays like Christmas, Valentine’s
Day, Mother’s, and Father’s Day.
What is mobile marketing?
Mobile marketing is a multi-channel, digital marketing strategy aimed at
reaching a target audience through smartphones, tablets and other mobile
devices, via websites, email, SMS and MMS, social media and apps.
In recent years, customers have started to shift their attention (and dollars) to
mobile. Because of this, marketers are doing the same in order to create true
omnichannel engagement. As technology becomes more fragmented, so does
marketing. And in order to earn and maintain the attention of potential buyers,
content must be strategic and highly personalized.
How does mobile marketing work?
When it comes to mobile marketing, strategic, personalized content means
thinking about different devices in mind and utilizing SMS/MMS marketing and
mobile apps.
Mobile marketing is an important piece of the puzzle when it comes to building
out any short-term or long-term marketing plan.
There’s a mobile marketing channel to reach every part of your audience where
they’re most comfortable, including:
email
content marketing
social media marketing
pay-per-click (PPC)
search engine optimization (SEO)
For mobile marketing to be effective, you need to curate a cohesive experience
that customers expect — and that can be a real challenge as you work to
acquire, engage and retain users across a multitude of platforms.
Mobile marketing can do wonders for driving brand value and demand for your
products or services by leveraging mobile devices to connect with more
consumers in real time at any point in the customer lifecycle.
Mobile is also growing steadily. According to eMarketer, mobile versus desktop
usage stats in the United States in 2018 show that the mobile-only audience will
grow to 55.7 million (nearly 19%) by 2022, and Adweek estimates that 79% of
smartphone users have their phones on or near them all but two hours a day.
Today, there are more mobile devices in the world (8.7 billion) than people (7.1
billion), due largely in part to our voracious appetite for new technology. UN
data analysts have found that in the US, 71.5% of citizens over the age of 13
have a smartphone, and 66.5% have smartphones globally. To harness the
growing power of mobile marketing, you must focus on creating a seamless
experience that your audience expects.
Social Media Marketing
Times are changing. There’s more to social media marketing than posting on
Facebook and Twitter a few times a day. If you want to build your brand,
engage your prospects, and increase sales, it takes time and work.
You need to stand out from a plethora of competitors, social media noise, and
even compete with influencers, celebrities, and other big names.You need a
brilliant social media strategy.Often, like with any innovative marketing, you’ll
find that you have to step away from traditional social media platforms—and
continuously find new ways of reaching your target customers.
The popularity of TikTok highlights the importance of keeping up-to-date with
the ever-changing digital world, as to not miss out on key opportunities
Social Media Marketing Guide Definitions
Here are some common terms you need to know when developing your social
media marketing strategy.
Content
Content is whatever you post on social media. It can be a Facebook status
update, a video on Instagram, a Tweet, and so on.
Content comes in many different forms, and you need to tailor it to each
platform. What’s even more important than content, though, is context.
Context
Gary Vaynerchuk said, “Content is king, but context is God.”
For instance, you might have a great joke, but if you place it somewhere inside
a 3,000-word blog post, very few people are likely to see it. On Twitter,
however, that same joke as a tweet might crush it.
Plus, anyone can get in on the fun. When looking at the most retweeted,
funniest Tweets ever, we can see even the CIA sees the value in using social
media to create some positive buzz.
The opposite is also true. Packaging your entire blog post into one tweet is
hardly possible, so try a good call to action with some relevant hashtags instead.
And that brings us to hashtags.
Hashtags
By now, you probably know that hashtags are a very common tool that people
use to add meta information on almost all social media channels. Twitter,
Facebook, Instagram, and Pinterest all use hashtags to let you describe the topic
of your content or mark it as part of current trends.
They make your content easy for users to discover and therefore more likely
that they’ll share it.
Shares
Shares are the currency of the social media world.
When people engage and interact with your content, that’s good. But when they
share it, that is the time to celebrate.
A great social media tool to measure shares and the overall impact of content
is BuzzSumo.
The more shares, the more people love your content. Shares are the best form of
engagement that people can have.
Engagement
This is a general term referring to how people interact with the content that you
produce. It can be a like, a reaction, a comment, or a share. All of these are
good, but the shares are where it’s at.
Now that we’ve covered some social media definitions, let’s take a look at the
core pillars of social media.
Core Pillars of Social Media Marketing
There’s no doubt about it: these days, your business needs to be on social
media, and you should concentrate at least some of your marketing efforts (and
budget) on your social media strategy.
With 4.48 billion people owning social media accounts, there’s a whole world
of potential customers that any business can access, simply by logging in
and creating brilliant content.
Brands like BooHoo, Depop, and Chipotle excel at social media, and there’s
one simple reason: they integrate the core pillars of social media marketing.
There are five main pillars. Let’s talk through them one by one.
1. Strategy
A sound social media marketing strategy is the backbone of your social media
presence. Without a strategy, you’re wasting time, unlikely to achieve your
goals, and will most likely struggle to reach your target audience.
In case you’re not sure, a content strategy consists of getting the “Right content,
to the right people, at the right time.”
In its most basic terms, a content strategy helps you achieve your business goals
by enabling you to:
create valuable content
drive engagement
increase conversions
A good social media marketing strategy has clear goals, specific plans to reach
those goals, and must be measurable.
Finally, you need to set benchmarks to see how things are going and whether
you need to change your approach.
2. Planning and Publish
Social media is a powerful tool, but you can’t just go out there and start
publishing content without a plan behind it.
When you’re planning content make sure that you:
Know your audience: You need to know the demographic of your
audience in order to connect with them.
Focus on quality: The quality of content is just as important as the
quantity.
Consider your brand: Keeping in line with your brand values is crucial.
When it comes to publishing, there is one golden rule: consistency. A regular
publishing schedule keeps people coming back for more.
3. Listening and Engagement
Plan your content and above all, actually engage with your audience.
Your feedback might not always be positive; but, if you don’t make changes,
neither will the tone of your responses.
Listening and engagement are all part of a successful digital transformation,
especially if you’re going to enhance the overall customer experience.
It’s also worth mentioning that social listening isn’t just about customer
experience. It can allow you to:
pick up on new trends
identify new streams of income
gain industry insights
find influencers in your niche
Need some assistance to get started with social listening? Hootsuite has a free
introductory tool for measuring key terms and hashtags.
4. Analytics
The success of any social media marketing campaign depends on analytics for
tracking and collecting data. Without this information, you can’t:
understand user behavior
refine your strategy
find which platform works best for your brand
discover the best times to post
analyze your competitors
Once you have all this, you’ll know with certainty what works and what
doesn’t. That way you can spend more time on what does, and waste less. In
turn, analytics will inform the decisions that you make for future campaigns—
and highly influence the success rate.
Similarly, A/B testing is great for determining what content, design, CTA, etc.
work best.
If you’ve been noticing certain types of content receiving double the
engagement than other posts, play on that.
For example, if you’re a small business, your followers are most likely going to
be family and friends who will love the personal insight and celebratory posts
because they care about you and your successes.
Producing high-quality content that your audience isn’t interested in will mean
that engagement levels tank. You need to work on making sure your posts
appear in people’s feeds before you start feeding through those insightful
industry blogs.
5. Advertising
For anyone looking for an audience, social media advertising is worth
exploring. With approximately 2.89 billion active monthly users on Facebook
alone, that’s an incredible amount of prospects.
Different Types of Social Media Marketing
Aside from the likes of Facebook, Twitter, and Instagram, social media
marketing takes many different forms, such as:
Web analytics enables a business to retain customers, attract more visitors and
increase the dollar volume each customer spends.
In addition to these features, web analytics may track the clickthrough and
drilldown behavior of customers within a website, determine the sites from
which customers most often arrive, and communicate with browsers to track
and analyze online behavior. The results of web analytics are provided in the
form of tables, charts and graphs.
The two main categories of web analytics are off-site web analytics and on-site
web analytics.
The term off-site web analytics refers to the practice of monitoring visitor
activity outside of an organization's website to measure potential audience. Off-
site web analytics provides an industrywide analysis that gives insight into how
a business is performing in comparison to competitors. It refers to the type of
analytics that focuses on data collected from across the web, such as social
media, search engines and forums.
1. Influencer Marketing
2. Omnichannel Marketing
3. Artificial Intelligence
Moreover, AI applications like machine learning, deep learning, and others can
be used for various customer and marketing-related activities – including
content creation, ad monitoring, promoting products, interacting with
customers, and more. Therefore, as a digital marketing trend, AI is a boon for
companies looking to level up their advertising game.
4. Video Marketing
Social media platforms have offered a new space for companies to promote
their products or services to their target audience. Video marketing is a potent
digital marketing tool popular among businesses trying to increase their
customer base. Experts believe that videos are more effective than any other
form of content; that’s why many brands are shifting their focus to developing
content-rich and enthralling videos to promote their products or services.
Similarly, social media applications like Instagram, YouTube, Facebook, and
others have also integrated short-form content into their algorithms, helping
brands proliferate to their target audience. Therefore, brands looking to increase
their customer base can opt for video marketing as their promotional strategy.
5. Long-form Content
Search engine ranking and website traffic have a direct correlation. Therefore,
an increase in traffic would lead to a high ranking on a search engine, further
increasing customer interaction and engagement on the website.
The advent of social media has helped businesses closely interact with their
audience and provide a medium to sell their goods and service. The integration
of social media and e-commerce has opened doors for an online marketplace for
customers from different strata of society to buy products and services that
match their expectations. It is a popular social media trend that transcends
different industries. Moreover, it is an effective way to make your products
available to customers while interacting and engaging with them.
Progressive web pages are online websites that perform the functions of a
mobile application. They send push notifications, load faster than other sites,
and are accessible offline, among others. A progressive web page is one of the
latest digital marketing trends that has addressed the need for websites that can
offer a versatile user interface to customers with different devices. Furthermore,
this latest digital marketing trend is expected to grow by leaps and bounds in the
forthcoming years.
Analytics defined
For example, the insights provided from organic traffic will be more appropriate
for gauging the success of an SEO campaign than a social media campaign. In
contrast, social traffic will be far more informative when analyzing the success
of a social media campaign. Learn more about how metrics inform digital
marketing analytics.
Web Analytics offers some of the most valuable data for digital marketing
analytics, given that most channels direct a user to the website to take a
desirable action. The digital metrics available on the website can inform user
experience (UX) and map out exactly where visitors decide to either continue
consuming website content or leave your site. Many digital marketing analytics
experts use the following data to inform their website design, landing page
copywriting and more.
Important Website Metrics
Site load speed: The time it takes for your website page to load for a
visitor. 1.3 seconds is the maximum page load time most industry
insiders suggest.
Visitor: The number of users visiting your site. Install a pop-up that
requests users to accept cookies on their browser so they can be
effectively tracked.
Pageview: Every time a user loads one page on your website, this counts
as a page view.
Session: A session is characterized by how active the user is on your
page. A user actively scrolling and clicking on the website is classified as
a session. However, after 30 minutes of inactivity a session is terminated.
Traffic: The total number of site or page visits made by a user. Marketers
can also track the source of user traffics with the following metrics:
o Organic traffic: Users that have used a search engine to visit your
website.
o Direct traffic: Users that have typed in a URL to land directly on
your website.
o Paid traffic: Users that have entered your website through
sponsored content or an ad.
o Referral traffic: Users that have entered your website through
another website.
o Social traffic: Users that have clicked on a social media link or
post to enter your website.
Time spent on page: The amount of time a user has spent on your
website.
Interactions per visit: The number of actions a user has taken on your
website.
Bounce rate: The percentage of users who visited your website and did
not take any actions or visit any other pages compared to the total number
of site visitors.