Digital Growth – What does it mean?
Businesses must implement a digital growth strategy to remain relevant in today’s digital world. Consumers spend a large portion of their day online, so business owners must understand how this can help their business grow. Digital growth strategy is not simply about setting up social campaigns and hoping your content gets liked, shared, and commented on. An effective digital growth strategy addresses all aspects of your brand’s online presence and identifies what improvements can be made with the goal of advancing your business. If executed correctly, a digital growth strategy will increase your website traffic and online inquiries which will ultimately nurture your prospects every step of the way.
Why you need a digital growth strategy
Plotting, profiling, planning, and predicting are all essential elements of a digital growth strategy. Assessing the business opportunities presented by digital technology include: , profiling your online audience, choosing the channel for deployment, and developing a strategy. Lastly, ensure the strategy is aligned with your growth goals and optimize and adjust it to achieve the results you were expecting.
To ensure growth and maximize results, align your online marketing efforts with your existing sales efforts.
How Can You Grow Your Digital Market
1) Search Engine Optimization
Rankings on search engines (mainly Google) have a massive impact on digital growth. In addition to increasing your awareness and exposure digitally, it can also improve your organic rankings and can also drive customers to your website – which in turn can increase sales.
2) Pay-per-click digital advertising
There are many paid digital products out there that you can offer or use for your clients, including pay-per-click and organic SEO. Social selling, Google products, and Google’s analytics are some of the tools that you can integrate. As approaches to markets continue to evolve, you must continually innovate.
3) Defining audiences
Identifying your digital demographic is an essential part of your digital growth strategy. What websites do your customers visit when they’re online? Where do they go online? Do they make use of social media/apps? These details will help you better target your marketing efforts. Utilize many methods and diverse platforms to find online audiences based on users’ browsing habits, what they are researching online, and what websites they visit. By seeding video, content, or displaying media to a particular audience, you are able to reach them at the right time and on the right platform.
4) Tools & software
Making the process more efficient and streamlined can be achieved by using the right tools and software. Look for other alternatives and software if you are not using them – this can reduce overheads.
There’s no need to copy the strategy of your competitors – but you should certainly take a look at what they’re doing so you can get a better understanding of their market approach. Tracking competitor activity for their marketing ideas is useful and often very insightful using various tools. Knowledge really is power, no doubt about it.
6) Social Selling
Reaching current customers and finding new ones can be done through social media. You may want to invest in specific social selling campaigns that generate leads instead of likes and shares in your digital growth strategy if that is not your goal.
7) UX: A user-friendly experience.
Is your site engaging? Moreover, if you want your customers to stay on your website, you must ensure it is good – so that they can easily find what they need. If your website is working against you, it is very difficult to grow digitally.
Engaging websites are the ones that make customers stay on the site for long periods of time. If a website isn’t engaging, customers will leave quickly, and then you’re just wasting your time and resources.
A few years ago, digital marketing was in its infancy. Today, it is an overwhelming force that businesses cannot ignore. To stay relevant in this ever-changing digital landscape, businesses must learn to leverage the power of digital marketing. If they don’t, they risk falling behind the competition.