Social media has transformed how customers interact with businesses and vice versa.
Entrepreneurs cannot ignore the power and reach of digital marketing if they want their businesses to succeed and become sustainable quickly. Earlier it was a hard and long struggle for startups to make even the faintest impression on the market, but with digital marketing, the playing fields are level, and startups can compete with bigger players. Some potential areas of growth you will do well to focus on:
The Internet of Things (IoT)
Experts predict the IoT to influence the development and practice of digital marketing significantly. A lot of focus is shifting to devices with voice-enabled assistants like Google Home and Amazon Echo, using artificial intelligence that makes lives easier by constantly learning more about how we behave to stay one step ahead of us. As an entrepreneur, you need to think hard about harnessing this new technology to connect better with customers and establish more intimate relationships with them. With IoT now used for many customer-connect activities, it is poised to become pivotal to business relationships. According to Forbes, 29 billion IoT devices will connect to the internet globally.
Content Management Systems (CMSs)
Most websites rely on platforms like WordPress and Drupal to function. These content management systems have evolved considerably in the recent past and are evolving fast to meet the challenges of modern business. Instead of relying on the old system of putting together a functional website, small businesses can now very quickly create web-based solutions to meet customer demands. According to Mediaforce of Toronto, the deployment of a CMS makes a small business agile and ensures customer delight. Follow the map
Social media has transformed how customers interact with businesses and vice versa. What started as a simple platform for sharing photos has taken the world by storm with platforms addressing the needs of various niches. Today, social media is among the best ways of increasing brand reach and engaging with potential customers. Startups can use a variety of customer relationship-building tactics to lock in customers and build enduring loyalty. According to one study, startups can grow up to ten times faster with the help of social media. Moreover, analyzing the key metrics of user behavior can yield valuable perspectives the startup can use to refine its products and target them better.
Every startup needs to have an online presence, and a website is invariably one of the first places customers visit for information. However, with millions of websites competing for customer attention, it is only with the help of SEO that a small business can make its website ranking high enough on the search engine results page to attract the desired clicks. The good thing is, to a certain point, implementing SEO is not an expensive business, so it gives startups a good opportunity to boost their online visibility and compete with larger businesses.
For startups to succeed in an intensely competitive environment, they need to create innovative products and services that address customer concerns better than the competition. However, the key to making your brand visible and making customers fall in love with you is a well-thought-out digital marketing plan that boosts your brand awareness and customer engagement.