Can Digital Marketing replace traditional marketing? - PowerPoint PPT Presentation

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Can Digital Marketing replace traditional marketing?

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Will digital marketing replace traditional marketing for the question of the day? Let’s see, okay. Remember the last ad you saw on television? What was the last ad in a newspaper or magazine you saw? You may not be able to recall so quickly, like many individuals. Well done, if you can. It’s impressive, that – PowerPoint PPT presentation

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Title: Can Digital Marketing replace traditional marketing?


1
Can Digital Marketing replace traditional
marketing?
2
Can Digital Marketing replace traditional
marketing?
  • Will digital marketing replace traditional
    marketing for the question of the day? Lets see,
    okay. Remember the last ad you saw on television?
    What was the last ad in a newspaper or magazine
    you saw? You may not be able to recall so
    quickly, like many individuals. Well done, if you
    can. Its impressive, that. And the truth is,
    every day, people are bombarded with so many ads
    that we naturally start tuning it out. Or avoid
    taking care of it altogether. Why would that be?
    Well, for one thing, much of the ads you
    experience every day are not directed at you.
    This indicates that it does not appeal to you or
    speak to your individual needs. Every so often,
    though, youll come across an ad that you like or
    can easily remember. Perhaps, as a result, you
    also purchased the advertisers product.

3
Is Traditional Marketing Relevant Now?
  • People have been subjected to any variety of
    marketing and advertisement messages over the
    last century or so. These traditional media
    methods come in the form of, for the longest time
    (even today), Advertisements in newspapers
    Leaflets Ads from magazines Billboards Billboards
    Spots for TV Radio Radio These media performed
    very well, of course, since this was mostly how
    people learned about new products and services.
    Theyd see a commercial, learn about it on the
    radio, or read in the paper about it.

4
When did the change for Traditional Media happen?
  • This is really why this dynamic started to shift
    why mass use of the internet came around in the
    late 90s and early 2000s. Today, the use of the
    internet is at an all-time high for science,
    learning, and buying decisions. To be precise,
    about 82 percent. Consumers dont rely on
    advertisers as much to educate them on goods or
    services through the use of online testing. If
    they are interested, people can normally do their
    research. Typically, a fast Google search will
    give you ample results to decide prices,
    descriptions, and feedback for any product you
    may be interested in buying. If you take into
    account the trend that print media is also on the
    decline, it may seem like traditional media is
    completely on the way out. The traditional media,
    however, is not dead. It simply changes and
    evolves.

5
How is the Traditional Media is Shifting?
  • People always watch TV when you think about it.
    But because of costs, many individuals have
    preferred to use streaming platforms instead,
    such as Netflix or YouTube TV. With these shifts
    in where consumers are viewing, it is now
    important to adapt conventional approaches to
    advertising to these customers. And the kickers
    here. Since streaming services also retain a
    watch history of your viewing habits, because of
    the type of shows you watch, marketers may now
    present commercials that are more likely to
    appeal to you. In a way, conventional ads are
    becoming more concentrated than ever.

6
Is Digital Marketing replacing Traditional
Marketing?
  • Digital marketing could replace conventional
    marketing strategies someday, but not right now.
    Digital marketing, however, is a required
    complement to each marketing strategy. In the
    measurability of return on investment, the gap
    with traditional marketing lies. Many businesses
    have found that their return is not nearly where
    it used to be when the only option was
    traditional marketing. Because of this, company
    owners are left wondering if their marketing
    needs them to change items. You knew before
    digital marketing whether the ads operated based
    on increased sales. This is still the primary
    metric to assess whether your marketing is
    successful or not, but with digital media, you
    have much more valuable data to enhance your
    marketing based on insights.

7
Digital Marketing Narrows in on Audience
Targeting
  • Competition for clients continues to grow with
    the changes that are continually taking place in
    the marketing sector. Advertisers need to become
    more oriented on their target audience as a
    result. With resources such as precise targeting
    on Facebook, advertisers can identify their
    audience even more quickly and narrowly. Digital
    marketing and the use of social media provides a
    way to reach an audience that suits the target
    customer, from demographic data to the geographic
    position and interest levels. Advertisers have
    not been able to segment markets like this in the
    past without unintended markets overlapping. They
    may, now.

8
Benefits of a Digital Marketing Agency
  • If you have decided that you want to leverage
    your companys digital marketing, but are not
    sure where to start, a digital marketing agency
    will help. A digital marketing firm can look at
    your business objectives and offer advice about
    how to promote your company online and how to
    boost the online presence of your company. This
    way, you get full exposure to your business while
    effectively using your marketing budget to
    achieve your goals.

9
Can Digital Marketing Replace Traditional
Marketing?
  • Although conventional marketing is not as
    relative as it used to be, in particular markets
    it can still be effective. For many businesses,
    conventional ways of advertisement are still
    used, depending on the budget, position, and
    market objectives. In reality, because of the
    amount of time people spend in a car, billboard
    advertising is still highly successful. For
    instance, every year, Americans spend an average
    of 17,600 minutes in their car (according to an
    Arbitron study). That number is 293 hours. Adults
    still drive an average of 13,506 miles a year,
    for hundreds of hours and thousands of miles a
    year, making them a captive driving audience.
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