Fundamentals of Marketing in the Digital Age
There
has been a fundamental shift on how individuals make purchasing decisions in
digital age
Today’s consumer is more connected
than ever, with more access to and deeper engagement with content and brands,
thanks to the proliferation of digital devices and platforms. Content that was
once only available to consumers via specific methods of delivery (such as via
print, radio and broadcast television) can now be sourced and delivered to
consumers through their multiple connected devices.
Today’s consumer turns to the
almighty Google or their friend base on social media when they have a problem
and need a service or product to solve it. This means the fundamentals of
marketing in the digital age have changed as well.
Radio spots, Television commercials
and other non-value add mediums of advertising are becoming less and less
relevant as end consumers become more and more annoyed by interruption
marketing.
Today’s digital consumer demands
value-added content which educates, informs and helps to solve their pain
before deciding to do business with one company or another. This involves the
complete marketing lifecycle not just the BUY NOW traditional marketing tactics
of yesteryear.
Attraction
– Strangers to Visitors
Being present on social media
channels when a company’s potential consumer base has an issue or is researching
a solution is priority number one. The digital consumer turns to Google or
their social network when they have a problem and a company that is present and
ready to start helping the consumer is already on their way to the a great
start to a relationship.
Convert
– Visitors to Leads
Providing additional value
At this stage, the consumer has
conducted research and has come to a company’s website in order to conduct
their research to help solve their pain. This is where the majority of
traditional companies miss a large opportunity to begin building a relationship
with their client base. Yesteryear’s company will have one typical
call-to-action.
Leads
to customers
The relationship has begun, the
consumer is being provided information about a current problem they have in
their life and the company is building trust and exemplifying their expertise
to said, consumer. By continuing to add value via email nurturing campaigns,
webinars, additional checklists and guides, a company can request more
information about a potential consumer and wait until the potential consumer is
ready to take the next step in becoming a customer.
Customers
to Advocates
Improve the process and tell the
world
Both the company and customer have
walked through the stages of building a business relationship: starting with
attraction, continuing to build a relationship and eventually doing business
together. Now it is time to make sure everyone was happy with the process
and if it was good for both parties. Companies can help ensure customer
satisfaction by requesting feedback from their existing client base in order
improve their service, product or process. Customers are given their
opportunity to voice their opinion and help improve future experiences.
BY
JOHN CAFRENE . BAPRM 42567
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