iNM Volume 8 | Page 24

INM MAGAZINE VOLUME 8 | FEBRUARY 2016 #Marketing shifts Low level of interaction High level of interaction Why Traditional marketing or Digital marketing? Marketing Strategy Traditionally a small retailer would battle to usurp the strategy of its larger competitors. In digital, a fresh well thought out and thoroughly considered website with a user friendly client interface and phenomenal administration is the best – size does not matter. Cost aspects Digital marketing will be comparatively cheaper compared to traditional marketing and can use several channels in digital medium. Result Oriented Companies need not wait to measure the results of their strategy in digital marketing. Their results can be calculated based on the visitors and subscribers, peak trading times and conversion rates which does not work in traditional marketing. Renement of the strategy In digital marketing there is scope for gathering feedback and changing the strategy accordingly, which is not possible in traditional marketing as it will be a long-term strategy with a xed schedule. Reach to the customer Web, utilizing online networking, offers, email and social networking channels enables the message to be shared rapidly, simply take the example of breaking news. Consider a normal Facebook user has 190 friends of which a normal of 12% see their posts, your one message has really been seen by 15 new prospects, now imagine them sharing and spreading the word across? Incredible isn't it? However an expression of alert, awful news can travel much faster so we a