Over the last 10 years or so, marketing has moved more towards digital, thanks to the prevalence of fast wifi connections, smartphones, social media and data analysis. In today’s hyper-connected world every business should have a digital marketing strategy.
Most businesses tend to utilise digital marketing channels, however many businesses don’t have an actual digital marketing strategy. Building an effective digital marketing strategy involves gaining insights from data in order to make informed marketing decisions. The end goal is to understand your customer’s digital experience in order to maximise new business / sales opportunities for your firm.
A digital marketing strategy doesn’t have to be overly complicated. Depending on the size of your firm and the budget that you have available, your digital marketing strategy could be as simple as leveraging social media channels and having an effective website.
Data analysis forms a key part of your digital marketing strategy. You can use free tools such as Google Analytics in order to understand the profile, location and number of visitors to your website and social media pages. You can gain insights from your data – such as “on average, it takes 150 views of your social media posts to generate 1 new business enquiry.” Using this example, let’s say that your target is to generate 10 new business enquiries per week. That means that you need to achieve at least 1500 views per week in order to generate the required number of enquiries. Setting this type of objective forms the basis of your digital marketing strategy.
In order to create a truly effective digital marketing strategy, you need to understand your potential customers. Start by creating a profile of your target customers. Look at the demographic data – age, location, gender, etc. Then dig a bit deeper and identify the problems that you and your business can try to solve for these potential customers.
Don’t forget to identify the profile of the people who influence your customers. These will be the influencers that your digital marketing strategy should target, in addition to your potential customers and existing client base.
Finally, choose the media that is most likely to be used by your target customers. For example, if your customers are business people, perhaps LinkedIn is a more effective social media tool for reaching your target audience than Facebook or Instagram.
You can visit GreenStones social media pages, here:
Peterborough Business Community
The Peterborough Business Community (PBC) is a Facebook group formed by GreenStones and is designed to give those in business, in the local area, a chance to meet others and share ideas and solutions.
Each day of the week provides a different opportunity for group members:
MOTIVATIONAL MONDAY – let the community know what your goals are for the week.
TUESDAY TIPS – share any hints, tips, ideas or knowledge with the group which may benefit others.
WAVING WEDNESDAYS – say hi to the community – introduce yourself and what you do and extend your contacts.
THANKFUL THURSDAYS – give a shout out to a local person or business who has gone above and beyond.
FRIDAY FOCUS – did you achieve the goals set on Monday? If so, now is the time to celebrate. If this week didn’t quite go as planned, can anything be done to help next week go smoother?
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