Some of the many ways online marketing can revitalize your company.
Online marketing is an enormous tool that can drastically change how a company operates its business. Being as effective as it is less costly, online marketing provides limitless capabilities for spreading word of your product or service. With this being said, here's a few reasons why online marketing can drastically enhance your business potential.
Ensures Product Confidence
Watching or reading about a product in action only raises the possibility of a sale being made. Information of a product in action builds the purchaser's confidence, especially when the content is heavy in information for the service or product. This display of information provided carries a sixty-six percent in sales, with content carrying little or no information driving less sales as the customer loses interest in the product... leading to the customer shopping elsewhere.
Demographics Do Not Matter
In mediums such as television and radio, the product plays an important part with audience demographic, time, programming, network, and other endless hurdles to overcome before the commercial makes it to air. With the internet, marketing is more like the wild west in your favor. This being the case as anyone can see your marketing at any given time. For an extra advantage, your marketing campaign can be:
- Shared Directly
- Shared Through Likes
- Shared Through Favorites
What's great about the functions above is the fact that these interactions are automatically shared with peers on the given social networks. This basically means that a marketing campaign could have an entire life online... which couldn't have happened with the methods of advertising in the past.
Increase In Sales
Online marketing enhances the chances of a sale happening made once the content is digested. Studies have proven that online content (such as a video) are more likely to drive a sale than customers basing decisions on small quips or simple descriptions of your service. As video engages all regardless of demographics or industries, all parties searching for information would like to see the product in action... which is more powerful than word on paper.
Businesses have reported a 144 percent increase in sales introducing online video content for their product. As this calculation isn't on a scale of 100 percent, the study proves that video advertising moves almost twice as much product than clever wording to sell a product.
A market that brings in remarkable results is the "How To" or instructional videos of your product or service in action. The content gives your service a chance to shine or show off to the public, which opens the window for a potential customer to spend more time on your online information to learn more about your product or service.
In closing, applying these simple methods are not only beneficial to your business, but can carve an entire new existence for your service. When considering how competitive the market is, online marketing is like having your service open 24/7 without the need of a storefront or employees to supervise.