Traditional Marketing vs Digital Marketing
The debate continues as to whether digital marketing is
overpowering and surpassing traditional marketing or not. Many think that for
the most part, digital marketing has taken over and traditional marketing barely
exists, if at all.
Alas, over the last year or so traditional marketing had
fallen nearly 160% while in the same
time frame expenses for digital marketing increased over 14%. Are there any
real advantages to using digital marketing over traditional means? And what is
the big difference between these two anyway?
To help you get an insight on the two methods of marketing
and direct your efforts likewise, here are pros and cons of Digital Marketing
vs. Traditional Marketing.
Traditional marketing
Traditional marketing refers to the conventional methods of
marketing used ever since the concept of advertisements or marketing came into
existence.
Digital marketing
Digital marketing is the new
age marketing method of the global realm. With internet finding its
application and benefit in every aspect of life, marketing too has managed to
not only create awareness or promote brands through it, but also give them a
global platform to reach a wider customer base.
Although all the marketing techniques used in digital
marketing appear similar, digital marketing is a far more versatile mode of marketing
than conventional one.
Benefits of Digital
Marketing over Traditional Marketing
Traditional marketing has its own advantages but there is no
doubt that digital marketing has set a revolution ablaze. It has some clear
winning benefits over traditional marketing and some of those are mentioned
below.
1. Cost efficiency
While newspaper, TV and other such media advertisements cost
a great deal, promoting through the internet is very moderate. This, in turn, means
a greater fraction of the budget to enhance business.
2. Constant Result
Digital marketing has an edge over traditional marketing
since it
is able to give quick results, while the latter keeps you waiting for long
before showing any results. With digital marketing you can measure and view
everything from the number of visitors, conversion rate, busiest period of the
day and bounce rate too with ease.
3. Brand Development
When the question of brand image arises among digital
marketing vs traditional marketing, digital marketing has an added
advantage. Due to the limitation of space and low frequency of
advertisements as is the case with conventional marketing, it loses at the
hands of the online marketing.
Instead of a small column in a newspaper, you can own an
entire website and showcase your ads or promote your brand whenever you want
with the help of a social media page or your blog, unlike traditional
marketing. This helps to build an image of your brand consistently.
4. Non-intrusive
People do not purchase a newspaper to look at the ads or
watch a television to be interrupted by commercials, hence usually
advertisements featured through such media go ignored. However, with online
ads, one has the power to choose to see an ad or not, participate in a social
media discussion group or read or ignore a marketing email. Besides, you can
also target a specific audience for these ads which.
All of this makes these ads more wanted and far more likely
to generate leads. Hence by being non-intrusive and non-annoying as opposed to
traditional marketing, digital marketing has more potential to give desirable
results.
5. Greater Exposure
Any traditional form of marketing device, be it television
commercials or a newspaper ad, can only cover a certain area or population
sector of a region. As opposed to this, an online advertisement has the ability
to reach out to a widespread population, even the whole of world.
6. Better Engagement
No traditional marketing mode, allows you to interact with
your audience and really engage them with your brand. With such marketing
channels you have to wait to gain response only after which can you take any
further step.
Be that as it may, with
digital marketing strategies, you cannot just connect with your targeted
audience in the real time, yet in addition make fast and productive advances
dependent on their speedy feedback. You can likewise engage with your audience
in chats and discussions for registering better brand presence and gain passive
advice to improve your product or service. Obviously, the latter implies that
you should be accessible and put resources into more opportunity for the
commitment through a PR team.
7. Quicker Publicity
Owing to real time results with digital marketing, you get
instant publicity and even if you do not, you can instantly know which of your
ad isn’t working. The debate for traditional vs. digital marketing is out of
the question here since the former falls way behind in this regard due to lack
of such a scope. On the other hand, the latter works like a chain reaction
giving you a newer audience and earning you a newer customer with every passing
nanosecond.
8. Works for Every
Stage or Field
Digital marketing vs traditional marketing battle often
falls in the winning hands of the online marketing arena with certain benefits
you cannot ignore with the former. Digital marketing allows even small
businesses with a handful of staff members to expand their brand presence and
manage advertising and marketing front, which of course cannot be held true
with traditional marketing methods which render the small businesses and
start-ups at disadvantage.
9. Easy Analytics
With digital marketing measuring your marketing efforts
becomes very easy and quick. You can instantly see which strategy is working
and which isn’t through Google Analytics, besides other aspects too such as
general trend, inbound traffic, conversion rate, interested audience, bounce rate,
and profit. This all makes the digital marketing vs traditional marketing
debate, highly unfair by putting the former on the winning side by a wide
margin.
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