Master Digital Marketing to Lead New Organizations
- October 7, 2020
- Posted by: iNurture
- Category: Blogs
The last two decades can be termed as the “internet era” wherein several developments have occurred around the world in the digital technology front which has had a direct impact on the companies and markets. Today, there are around 4.57 billion internet users around the world, which is more than 59% of the world population. There may be more than 7.5 billion (about 90% of the world population) internet users globally by 2030. The penetration of the internet and change in lifestyle across the world will force organizations to rethink their strategies and approach in development of their products and services. Every business will definitely have its presence online and will be trying to reinvent itself and innovate ways to reach out to its customers. Today, there is growing demand for professionals who can lead organizations in the internet world.
In this write-up, we will be discussing about careers in digital marketing, its importance for businesses and how becoming a master in digital marketing can create amazing career possibilities for you as individuals in the near future. Read on to find out.
What is Digital Marketing and How it Helps Businesses?
Digital marketing involves the use of the internet to reach out to consumers and prospects. Brand endorsement and marketing of products/services can be done with the help of the internet through various platforms which include search engine, social media, mobile applications, Email, website etc. Since digital is an interactive medium, unlike traditional marketing mediums like posters or billboards, the impact and the returns from digital marketing are measurable. There is great scope for marketing on digital platforms because of the availability of data related to each consumer’s interest and needs.
Today, organizations are finding it necessary to have their presence in online platforms. Businesses, both small and medium ones, are creating Google accounts, marking their outlets in maps, responding to reviews online, creating and maintaining social media business pages and so on. Simply said businesses are embracing the internet and making it a part of their journey in digital transformation. So what are the benefits businesses are getting from digital marketing? Why are companies going for digital marketing?
Here are some of the reasons:
Digital Marketing Creates New Channels of Interaction
The fact that businesses can reach out to prospect consumers through Emails, Facebook or Instagram posts, Search Engine Ads etc. opens up a new world of possibilities for business. Organizations can utilize all the digital channels to understand their consumers better, interact well and make a better impression.
Communication and Its Outcome is Well Defined
With proper information on the interests of the consumers, the communication material that comes out from a business is much well-crafted. The outcome of each campaign or initiative can be quantified. This is the greatest benefit of digital marketing. With the outcome well quantified, the cost can be optimized and hence businesses can come up with effective strategies.
Better Understanding of Consumers and Market
Digital channels allow businesses to understand their consumers and the market very well. Since there are various ways in which consumers respond to the services/products of a company online, businesses get better insights and can utilize the information to predict changes in the market and improvise on their offerings.
Opens Up Possibilities of Better Services
Digital marketing opens up new possibilities. With advancement in new technologies such as the AI and IoT, businesses can explore better ways of getting in touch with the prospects and making an impact.
Digital Marketing Careers in the World of AI and IoT
Organizations around the world have been moving their business towards digital platforms by embracing new technologies. Artificial Intelligence and IoT are two game-changers which has interested the business world. The developments in AI and IoT will touch most of the industries and will have a great impact on our lives in future. Digital marketing leaders will have to be keen about the ways in which they can bring value to organizations through the use of Artificial Intelligence and Internet of Things. Organizations such as the Amazon, Netflix and Flipkart which deal with huge volumes of data are already on the forefront in developing AI capabilities to improve their operations.
Artificial Intelligence is a technique through which systems are designed to make intuitive decisions based on data. Since digital marketing is one arena which deals with huge volumes of data from consumer prospects, AI can be used to automate marketing and come up with effective campaigns with better returns.