The economy in the global
front today is witnessing major turn arounds altogether. From Social Distancing
to Lockdown, we have seen some major changes in the socio-cultural environment.
The outbreak of Covid19 has not only brought inevitable rescission but also has
transformed the entire outlook of Marketing which in particular, is bringing
Digital Marketing to become as important as never before. A crisis encountered
globally could affect the business world in two ways. It could either
completely distort the marketing of a firm or could be proven as an opportunity
for a firm to redefine its marketing strategies and goals to counter the
situation. There is a popular saying ‘Survival of the fittest’. This
Pandemic would also wipe out the firms which would not adapt to the new trends
of the market and the firms with more flexible approaches would survive.
At this time, when ‘Work
from Home’ has become a new normal the time spent on the Internet by the people
has increased globally. People are connecting digitally than in person.
Starting from shopping online we have covered almost all the major aspects of
life online i.e. learning, official meeting, concerts, conferences, etc. We can
see that our lives have been digitalized like never before.
It is already known that
the efficiency in Digital Marketing has become the prime concern of the majority
in the business world. The steps taken today by the firms would determine their
success in the future. Let us now understand how did this global crisis impact
the Digital Market?
Ø ✅Increase
in Organic Traffic: As people are spending more time online,
the reach of these online platforms has automatically increased. The number of
web searches is more than ever before and the clicks in the ads and the links
have increased significantly. The firms could leverage this opportunity and
work to increase their popularity among their viewers.
Ø ✅Increase
in Social Media Engagement: Several studies showed that the
Social Media engagement of people has increased visibly which was not the case
before. With this, the promotion of the products or services of the firms done
through these platforms would be beneficial for the firms.
Ø ✅Opportunities
to the Bloggers, Content Writers: Increase in online marketing is a great opportunity for the bloggers and content writers. Many
firms are actively looking for fresh talents with good writing skills to create
content and market them via different platforms.
Ø ✅Affiliate
Marketing and Freelancing: As the buying pattern of the
customers is changing, promoting the products online actively is a must. Hence,
the need and scope of affiliate marketing are increasing it is becoming a good
source of income. The demand for freelancers is also increasing in these times
which could be a good self-employment opportunity.
Ø ✅The
boom in E-Commerce: This segment is in a win-win situation
even after going through a worldwide recession. The increase in the sale of the
essential products, medicals, and groceries has been in all-time higher. Now,
the people who didn’t prefer online shopping are turning to online shopping for
not for all kinds of requirements. Therefore, to succeed, firms need to launch
their products and services online.
Ø ✅Online
Competitiveness, an important parameter of success:
The online presence and popularity of a firm have also become a key factor to
measure the success of a firm. The digital competitiveness in various platforms
and their visibility has become crucial for firms.
Ø ✅Brick
to Click Model: The traditional business ventures are now
marking their online presence keeping in mind the current scenario where
digital marketing is inevitable. The option of online buying would be highly
manifested by businesses by keeping their sales unaffected.
Ø ✅Generating
Job Opportunities in Digital Front: The demand for GraphicDesigners, Website Developers, Content Marketers, SEO Experts, Analysts, etc. are
increasing quickly as many firms are getting digitalized and they want to hire
experts to manage the Online Marketing.
In
these times, the customers have become the king in the market. The ultimate aim
of a firm should not only be selling the products or services but also to
reduce the post-purchase dissonance of the customers and increase the
satisfaction of the customers. The reviews, testimonials, and recommendations
of the customers are very vital for a firm’s good name.
To
increase the visibility and trust of the customers towards a brand the
following are the key points:
Ø ✅Customer
Engagement: The awareness and the visibility of the
customers towards a brand in today’s world could not be increased only by live
events but the virtual methods such as conducting webinars, live contests,
podcasts, etc. are very important. This would help the firm maintain its
identity in the market and the popularity among the customers would eventually
increase.
Ø ✅Consumer
Personalization: Everybody likes to be addressed
individually. To get the attention of the customers, it is highly recommended
to create personalized content so that the attention and the interest of the
customers are not lost and the customer base is not hampered. The efforts
should be always made to increase the customer base.
Ø ✅Video
Marketing: Not only writing and creative posts, to get an edge
in the market it is important to engage the audience through audio-visual
effects. The attention span of people is very less today. So, to engage a
customer, it is important to create some visual content to keep the audience
captured.
The marketing world has
already witnessed massive changes within a very short span of time. The old
concepts are getting wiped out by the new ones. With Digitalization on the
trend, the present and future of Marketing indeed lies in Digital Marketing.
‘BY: Sushmita Bishwas’
✍🏽
Note :- Please don’t hesitate to get in touch with our team if you
would like any advice on how to market your company effectively: you can
reach us by at 💪🏽promotion.mmb@gmail.com.Our
team is currently operating from home, but we are all working hard to
ensure we maintain our clients’ digital presence throughout the coming
months.
FB:- www.facebook.com/mmbconsultants
Insta:- https://www.instagram.com/makemybusiness/
Linkedin :- http://bit.ly/2XQxXcg
For more information, get in touch with us @ 8127905132 / 6386355895