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A Complete Guide on Types of Digital Marketing

  • Written by: News Company


Digital marketing is all about employing various online practices including digital advertising, email promotions and online brochures. The best digital marketing company comes up with innovative promoting campaigns that aids in your company's overarching goals. It is a diverse area that you, as a business can reap great benefits from.

What are the Advantages of Digital Marketing?

Unlike most offline promoting efforts, the digital marketing activities permit marketers to determine your target audience! If you have given an advertisement in the newspaper, it may definitely have been a troublesome journey for you to estimate the number of readers who have actually flipped to that particular page. So, you won't be able to figure out the sales that resulted from this ad campaign.

On the other hand, with digital marketing, you'll be able to find the ROI for all online campaigns. But, before that, you need to research on its types that can complement the nature of your business. Accordingly, you need to come up with a digital marketing strategy that you think will work in your favour.

Search Engine Optimisation (SEO)

SEO is the method of optimising content or websites in order to increase your ranking on various search engines like Google. Search engines rank based on the keywords as well as the inter-links that redirect to your website. This means, SEO has a wide scope and you can divert your efforts towards keywords and content development in a way that you end up getting improved ranking on the major search engines.

Content Marketing

Content marketing aims at building relationships with potential customers while providing information that turns out to be in their interest. The channels which will play a vital part in your content marketing strategies include:

Web blog posts

EBooks and whitepapers

Infographics

Online brochures

Social Media Marketing

 

Social media marketing promotes your content on various social media channels in order to create awareness of your brand, drive traffic as well as to generate a lead for your business. The channels you'll be able to use in social media marketing include:

Facebook

Twitter

LinkedIn

Instagram

Snapchat

Pinterest

Google+


Affiliate Marketing

Affiliate promoting is all about a performance-based style of digital marketing. Unlike PPC advertising, here you have the organic traffic whom you to try to convert into a potential customer. The affiliate marketing lets you have higher conversion rates sometimes; however, you need to keep a good budget for every conversion that the affiliates make.

The best example of affiliate marketing includes the promotional content written by the fashion bloggers and celebrity endorsements that influence the target audience to use the specific merchandise.

Marketing Automation

Marketing automation refers to the package that serves to automate your basic marketing operations. Several marketing departments will be able to automate the repetitive tasks that they'd otherwise do manually, such as:

Email newsletters

Social media post programming

Contact list change

Lead-nurturing workflows

Campaign chase and report


Pay-Per-Click Advertising (PPC)

Similar to SEM, there are different styles of PPC advertising that conjointly describe promoting strategies, wherein the trafficker pays for every click on a link to a website. Apart from search engines, most social networks provide the chance for pay per click advertising. Your ads are visible to your targeted social media users through their feeds.

Program Marketing (SEM)

While SEO describes the method of obtaining unpaid traffic from search engines, program marketing (SEM) refers to the paid traffic from search engines. The best example of this is Google Adwords.


Inbound Marketing

Inbound marketing follows the approach of "full-funnel" to attract and engage the target audience by creating informative and engaging content. You’ll be able to use each digital marketing plan to draw your potential customers in through inward marketing strategy rather than outwardly pushing your brand in the hope of generating leads.


Can Digital Marketing be applied to All Types of Businesses?

Digital marketing is bound to work for any business - regardless of which industry it belongs to. It doesn't matter at all that what industry your company belongs to. It will enable you to identify the buying behaviour of your target audience by delivering valuable online content. However, this does not imply that every business will devise a single strategy; in fact, it will differ according to the type, nature, needs and budget of every business.


B2B Digital Marketing

If your company is business-to-business (B2B), online lead generation should be your main focus when it comes to digital marketing. The digital marketing can aid your sales team by generating quality leads via the website and other supporting digital channels.

Not only your website, but B2B digital marketing should also involve other business-focused channels like LinkedIn in order to ensure that you are making the most out of your online marketing efforts.


B2C Digital Marketing

If your company is business-to-consumer (B2C), the goals of your digital marketing efforts lie in drawing the target audience to your website and converting them into potential customers. Here, you nullify the conventional method of salesman going door-to-door for marketing your product or service.

This way, you will not only be able to get the organic leads but will also specialise in accelerating the buyer's journey by redirecting them to your website and closing the deal. Well, this implies that your website must have a strong call-to-action so that the customers can resort to you, in case of queries - thus, enabling them with the smooth and flawless buying process.

For B2C corporations, channels like Instagram will prove to be of additional value for your business other than business-focused platforms like LinkedIn.


In short, with these different types of digital marketing, you really can devise a strong marketing strategy to work in favour of your business.

 

Coco Hou: Three things you must learn to succeed in accounting

  • Written by: Tess Sanders Lazarus


Accounting and training expert and CEO of Platinum Professional Training, Coco Hou, today said the accounting sector is going through significant change as cloud software and online solutions continue to disrupt the industry at all levels.

 

As a CPA accountant and head of an accounting training organisation, there are some key things I am encouraging students and trainees to focus on in order to succeed in the accounting sector.

 

They need to understand how technology is changing the way organisations go about undertaking their business and engaging with their customers.

 

The first is big data. Accountants and those training in the accounting sector need to understand what it is and how it is being used across the accounting industry and other industries.

 

Big data is creating the opportunity for sectors and organisations to better understand their business and customers through the collection of information which is then analysed to form micro insights. Our work forms part of this and assists businesses to understand through use of data and predictive analytics where the trends are so they can make informed decisions based on insightful forecasts.

 

The second is the Internet of Things (IoT). The internet of things is changing the way we live, work, communicate and engage. Connectivity is the name of the game.

 

What does this have to do with accountants? We need to understand how this fast growing sector is changing the way people consume services and businesses manage their operations and engage with their customers.

 

Real time connectivity is enabling businesses to manage their activities, stock levels, invoices and reporting real time. This will impact activities such as audits. Audits will no longer be independent events as IoT will enable a process of continuous auditing real time.

 

The financial status of a business will be live real time across all sectors of the organisation at any point in time.

 

The third is on the go accounting. As more and more businesses become online and national or global operations, their people will want instant access to their accounts, any time any where. This means most if not all accounting systems will be cloud based.

 

Accountants need to ensure that they are familiar with key cloud based systems, how they operate and the different types of functionality they offer.

 

Every accountant needs to know the basics, tax law. Given advances in technology, every accountant now needs to know and understand the technology disrupting the way people operate and run their businesses. In a sense, we have become techountants – a blend of technology and accounting.”

 

Coco Hou, is the Managing Director of Platinum Professional Training. Platinum is one of Australia’s largest accounting training and internship providers with offices across all major Australian cities. Coco Hou is also a CPA qualified accountant and Managing Director of Platinum Accounting.

 

www.platinumaccg.com.au

www.cocohou.com.au

 

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