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DIGITAL MARKETING
Digital Marketing vs
Traditional Marketing:
Which Produces Better
ROI?
Sherman
INDEX
Marketing
While having a marketing budget is important for any small business, it’s
equally important to spend it in the right direction and make the most of it.
For many businesses, reaching the right “marketing” decision is not easy, even
though it can make a huge difference in their results.
For instance, if you decide to use your social media account to build your
brand, publish your marketing message, and increase your customer base…
…you could do it yourself or hire a reputable digital marketing agency like LYFE
Marketing to take care of it.
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Marketing
You also need the right kind of marketing techniques for you to be able to
reach out to your potential customers.
Some businesses may give less preference to marketing, but if any serious
business wants to increase profits…
…it will almost always have set aside a proper budget for marketing.
Even if you do acknowledge the need for effective marketing, the whole digital
marketing vs traditional marketing debate might stump you.
The reason for this confusion may arise due to the fact that even though a lot
of marketing is done in the traditional way.
Yes, there is a percentage of people who don’t use the Internet for conducting
any transactions, especially the older audience.
As a business, you need to ensure that you are ahead of your competition.
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This means you cannot just depend on outdated marketing methods anymore.
What is Traditional Marketing?
You need to look beyond and fully understand how you can leverage the latest
Downsides of Going Traditional
digital marketing techniques to grow your reach.
What is Digital Marketing?
Before we get into the nitty-gritty details of the key differences of digital Digital Marketing vs Traditional Marketing: What
We hope
marketing vs traditional you're finding
marketing, this define
let’s first blog helpful.
what traditional marketing
Do the Stats Say?
If you want our team to handle your marketing for you and drive sales for your business, book a call!
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9/16/23, 4:15 PM Digital Marketing vs Traditional Marketing: Which Produces Greater ROI?
Where to Invest Between Digital Marketing vs
is.
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CONTACT Marketing?
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…to reach out to a semi-targeted audience with various offline advertising and
promotional methods.
Many of the common and most tried offline traditional methods come under
the following five major categories:
Let’s take a brief look at each of the 4 P’s that power every form of marketing
technique:
own product.
2. Price: The overall cost of the product depends on how well you know it.
Price is always the determining factor when it comes to things like supply,
demand, profit margin, etc.
3. Promotion: How you get the word out about your product and market it to
Any method that helps you promote the product and help it gain more
visibility/exposure…
Which also means pricing it right. In the marketing world, placement plays
a crucial role.
On the surface, digital marketing may look different than traditional marketing
INDEX
in a big way as it is all about the fourth P: promotion.
What is Traditional Marketing?
However, the fact of the matter is, that digital marketing is highly effective
Downsides of Going Traditional
because it does not ignore any of the four Ps of marketing.
What is Digital Marketing?
It rather uses each one of them in a unique manner, and sometimes even
Digital Marketing vs Traditional Marketing: What
better than traditional
Wemarketing.
hope you're finding this blog helpful.
Do the Stats Say?
If you want our team to handle your marketing for you and drive sales for your business, book a call!
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Where to Invest Between Digital Marketing vs
Downsides of Going Traditional
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On the flip side, while traditional marketing is still effective, it’s not the only Why Choose Digital Marketing?
way to make your product popular among your target market.
Work Together: Digital Marketing vs Traditional
Marketing
In today’s world, technology has grown and is enabling businesses to achieve
global reach and connect to their audience like never before…
One of the biggest and the most obvious limitations of traditional marketing is
that there is little or no interaction between the customers…
This brand-building exercise is done in the hope to attract the attention of the
right people and maybe convert them into customers.
…you will have to place a new ad to replace the old one in case of any change.
While this may not seem like a huge factor, especially for larger businesses, it
does make a big difference in the long run.
INDEX
For instance, let’s say you run a magazine ad promoting your latest widget.
What is Traditional Marketing?
After which, you make a major update to it that can make a significant impact
Downsides of Going Traditional
on the sales numbers. Can you change the ad on the fly?
What is Digital Marketing?
Of course not, which can put a huge dent in your marketing budget over time.
Digital Marketing vs Traditional Marketing: What
We hope you're finding this blog helpful.
Higher Costs Do the Stats Say?
If you want our team to handle your marketing for you and drive sales for your business, book a call!
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Where to Invest Between Digital Marketing vs
The recurring costs in traditional marketing can prove to be a huge investment
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that may or may not give a good return.
Why Choose Digital Marketing?
Your ad in the local newspaper will only be effective if it is seen by your target
Work Together: Digital Marketing vs Traditional
audience on the day it gets published.
Marketing
If you want to reach out to them again, you need to create and run a new print
ad campaign.
Or when you create and distribute posters or fliers in your area, it’s an
investment you are making for a one-time exposure.
Compare that to content creation on your brand’s website that can bring in
target visitors for years to come at no additional cost.
Do you want to target customers working in a certain industry and fall into a
particular age group?
Traditional marketing offers you little help when it comes to customizing your
campaign and targeting a specific customer.
Even though you can use traditional marketing techniques to market to certain
segments, you cannot go after targeted customers.
For instance, when you’re using Google ads, you have the option to not only
reach out to the right kind of customers…
…but also show them offers that are tailored towards them.
Let’s face it, one of the strengths of digital marketing is the fact that it can
easily be updated and adjusted.
Imagine your print ads having the wrong percentage discount or you forgot to
mention the image source, how can you correct that if the prints are already
out?
At the basic level, traditional marketing has never failed to attract people
based on discounted prices or special sales.
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If you analyze the options given to you in print marketing…
What is Traditional Marketing?
…you may not find the needed space to display all your pricing options – even
Downsides of Going Traditional
though these can help you convert more people into customers.
What is Digital Marketing?
Poor Campaign Measurement
Digital Marketing vs Traditional Marketing: What
We hope you're finding this blog helpful.
Do the Stats Say?
If you want our team to handle your marketing for you and drive sales for your business, book a call!
Wh t I tB t Di it l M k ti
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9/16/23, 4:15 PM Digital Marketing vs Traditional Marketing: Which Produces Greater ROI?
Where to Invest Between Digital Marketing vs
When executing a traditional marketing strategy, it is essential to know how
BLOG HOME MAIN SITE PRICING WORK RESOURCES Traditional
CONTACT Marketing?
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effective it is to ensure you’re not investing in the wrong direction.
Why Choose Digital Marketing?
Unfortunately, for many years, the results that you get from traditional
Work Together: Digital Marketing vs Traditional
marketing cannot be measured easily and efficiently.
Marketing
This alone makes digital marketing much better than its traditional
counterpart.
Brands around the globe use a variety of content to reach and engage their
audience through digital marketing.
Their content strategy includes social media posts, videos, email marketing
campaigns, PPC ads, blogs, etc…
…to unlock the key to reaching more people and connecting with them.
Any business, regardless of its size, can leverage digital marketing to reach
out to its target market.
Connect with your audience and convert more of them into customers/clients.
Everything from…
Facebook marketing,
email marketing,
affiliate marketing,
Pay-Per-Click advertising…
And we offer an array of excellent digital marketing services here at LYFE. Feel
free to check them out and see which ones might be best for your business.
INDEX
Marketing
The reason why digital marketing is crucial for a business today is because
the Internet is becoming one of the most used tools.
If you look at the past decade, you’ll see that online marketing has grown
pretty much exponentially.
Given the fact that a large majority of people (especially the Millenials and
Gen Z) are spending their time on the Internet…
As technology grows and new digital ideas are brought to life, the digital
marketing world grows with it.
This means, that instead of you going out there to find people, they find you.
It’s all about attracting your target audience and spreading awareness.
Because the more people know about your website, your brand, and the
products you sell, the more familiar they become with your agenda.
Being a business, the Internet offers you a way to build authority in your niche What is Traditional Marketing?
and grow your online presence like never before.
Downsides of Going Traditional
…particularly in the U.S., it won’t be long before digital ad spend takes over Why Choose Digital Marketing?
traditional advertising such as television ads.
Work Together: Digital Marketing vs Traditional
Marketing
As of today, 60% of successful marketers across various industries have
already shifted their efforts toward digital marketing.
Here are some more stats to help you understand the growth and prominence
of digital marketing…
investing in a product/service.
90% of B2C businesses report social media as being the most effective
content marketing tactic.
In every company, regardless of the industry you are in, you need to take the
importance of digital marketing into consideration.
Or else you may lose out to competition that is taking advantage of the latest
digital marketing techniques.
Now, truly understanding digital marketing trends and applying methods that
are suitable for your business may not be your specialty.
INDEX
Setting a marketing budget is one thing, but making sure you get a good Work Together: Digital Marketing vs Traditional
return on your investment is something else. Marketing
This is why it makes sense to focus only on those marketing channels and
methods that are more likely to give you the best bang for your buck.
The digital marketing vs traditional marketing debate is age-old, and it’s far
from over.
If you look around, you’ll find businesses of all sizes taking advantage of
digital marketing.
Especially because of the much lower cost or barrier to entry when compared
to offline marketing methods such as print advertising.
Even though people watching TV might see your commercials and can help in
brand building…
There’s no doubt that print ads can work great if done properly.
Marketing
Also, when it comes to print ads, what many businesses fail to understand is
the circulation aspect.
The number of readers who actually see your ad will be less than the number
of magazines in circulation.
Digital ads are more customizable than print ads, which makes them less
risky.
For instance, if you are running a search campaign, you can target your ad to
a certain audience and change it later on.
Although the issue of ad blockers has been around for a while, making
adjustments and tweaking your ads according to real time data is simply
easier.
Then comes the question of CPM, which can be pricey with magazine ads.
This means CPM can in some cases cost you zero dollars.
So if you are a business with a limited budget and want to increase your
chances of success, digital marketing works best for you.
INDEX
Marketing
For some brands, especially the well-established ones with a huge offline
audience, traditional marketing may be too expensive to ignore.
But for the many small businesses that are trying to make a mark on a tight
budget, digital marketing can prove to be a savior.
This is why many new and old businesses are leveraging the power of digital
marketing and rethinking the marketing funnel.
Your target audience is instantly connected with you through various digital
marketing channels.
Your brand can also easily build better and long-lasting relationships with
customers by interacting with them via video, surveys or webinars.
And digital marketing lets you do that as you can engage with customers and
solve their issues/problems without wasting time.
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Wh t I tB t Di it l M k ti
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9/16/23, 4:15 PM Digital Marketing vs Traditional Marketing: Which Produces Greater ROI?
Where to Invest Between Digital Marketing vs
When you give away brochures, distribute fliers or advertise in magazines,
BLOG HOME MAIN SITE PRICING WORK RESOURCES Traditional
CONTACT Marketing?
US GET MY CUSTOM PROPOSAL
you don’t know how far your marketing is going to be successful.
Why Choose Digital Marketing?
You may be headed in the wrong direction, but there’s no way to tell unless
Work Together: Digital Marketing vs Traditional
you’re bombarded with negative feedback.
Marketing
You have access to a ton of information about your prospects and customers
to help you understand where you are going.
Right from how many people are visiting/leaving your website to what
percentage of them are converting.
Imagine the level of tweaking/testing you can do with digital marketing, which
is literally absent in traditional marketing.
But one of the biggest restrictions that comes with it is the inability to go
beyond a regional or local audience.
Using digital marketing, you can create a highly customized campaign and
widen your reach to different cities or even different countries.
So say goodbye to the blanket approach that traditional marketing takes and
say hello to digital marketing that lets you alter your campaign…
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Digital marketing allows you to spend less while gaining more. For many
businesses, it’s a no-brainer.
If you want to learn more about digital marketing, be sure to check out our
Recent Posts.
If you’ve already tried traditional marketing before and haven’t seen the rapid
growth results you wanted, then give digital marketing a shot.
There is little risk and great reward. That’s not a combo you see often in the
business world.
They do all the work for you. All you have to do is stay informed and approve
the material.
At LYFE Marketing, we take the worry out of your online advertising and
digital marketing which allows you to focus on other areas of business…
Get in touch with our team today to start your digital marketing campaign. It’s
that simple.
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Marketing
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