Digital marketing has become a vital cog that contributes to the success of many businesses globally. These companies are investing heavily towards digital marketing efforts to capitalize on the increasing number of potential customers online. Coming up with the best digital marketing strategy is therefore necessary to help you reap a good Return on Investment (ROI) from your digital efforts. Keep reading this article, to find out how to create a solid digital marketing strategy for your business.
Start by setting goals to help you know what your digital marketing strategy hopes to achieve. The goals could follow the SMART framework, which means the goals must be, Specific, Measurable, Attainable, Relevant, and Timely. For example, generating 20% more visits to your business’s website using ads on your Facebook page for the next three months is a SMART goal. It is very specific, measurable, attainable, relevant, and timely.
Alternatively, you can also adopt FAST goals when creating your digital marketing strategy. The FAST framework offers more agility to execute strategies successfully. FAST stands for
Frequent discussions are
Ambitious, are measurable using
Specific metrics, and
Transparent to all company or organization stakeholders.
Here’s a brief highlight of these elements below.
F for Frequently Discussed.
Every staff should keep the goals at the top of their minds, because they discuss them frequently. In addition, it makes monitoring progress easy.
Are Ambitious.
These goals are pretty challenging but are possible to achieve. In addition, they will motivate you to be more innovative and creative.
Are Specific.
Every person has a clear idea of what role they need to play to ensure they achieve the purposes of the digital marketing strategy.
Are Transparent.
These goals allow better coordination and cooperation across different business departments. As a result, quick adjustments are possible.
In addition to goals, incorporate digital marketing KPIs into your digital marketing strategy. Some of the best digital marketing KPIs to use in monitoring the overall effectiveness of your digital marketing strategy include:
Knowing your audience allows you to create a solid digital marketing strategy that focuses on your target customers and is free from personal bias. Define your audience by demographics, habits, lifestyles and more. Lead generation strategies also becomes clear and much easier to develop when you identify your target customer.
Knowing where most of your target audience spends the most time online is very important. This will assist you to create campaigns for the right platforms. Facebook has the most active users with more than 2.9 billion active users in 2022.
YouTube has approximately 2.6 billion users. The fact that nearly 1 billion hours of video are watched daily on YouTube makes it a great platform to consider when creating your digital marketing strategy. WhatsApp and Instagram are the other two social media platforms to incorporate into your digital marketing strategy, boasting 2 billion and nearly 1.5 billion active users respectively.
These statistics give you fantastic insight into where your audience personas spend most of their time online.
Email marketing can help you boost conversions for your business, create lasting relationships via personalized engagements, and create more awareness of your brand. To ensure your overall digital marketing strategy is successful, use the steps below to make your email marketing efforts highly relevant.
Identify Your Target Audience.
To make your email marketing efforts effective, you will need to identify your buyer persona accurately.
Identify Your Goals.
Establish reasonable goals for your email campaign. Is it to get more leads, traffic to your website, etc.?
Create Your Email List.
Provide attractive information to encourage potential clients to opt-in and get your email content. You can use lead magnets such as free Ebooks, webinars, whitepapers and more.
Come Up with A Consistent Schedule.
Decide how frequently you wish to contact the people in your email list. Let your subscribers know this too so as to prevent un-subscriptions or worse, have your emails go to the spam folder.
You need to leverage different tools and platforms to develop an effective digital marketing strategy, using the following:
Your digital marketing strategy should also allow delegation of responsibilities like crisis management, video editing, branding, testing, copywriting, copy editing, inbound messaging, etc. Managing these tasks alone is an impossible endeavor that consumes a lot of energy and time. Delegating helps you focus on your core competencies and reduce the wastage of resources significantly.
Creating the best digital marketing strategy is easier said than done. However, use these valuable insights to develop the most effective digital marketing strategy. With it you will enjoy high the Return on Investment (ROI) desired from your digital marketing efforts! We know it can seem like a lot, it is! If you're ready to offload this entire task list and the management of your digital marketing, please contact us now to schedule a consultation with our digital marketing expert!
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