The
world has transitioned with the increase in digital
technology accessibility, the way marketers
communicate with their audiences has been changing at a rapid rate.
Even many of our daily activities are performed digitally such as
online banking and even much of our reading is done on E-book
readers. Because of the rise of the digital era, it just seems to
invest in a digital campaign. For businesses, it is necessary to have
a website and use the web as a means to communicate with their
consumer base. Once you have a clear understanding between both
traditional and digital channels and the purpose they each serve, you
will be able to use each channel to accomplish your goals. To
understand it in depth let's take a look at what is traditional
marketing and digital marketing and its
difference's.
Traditional Marketing
Traditional
marketing refers to any promotion, campaign or advertising that has
been in use by businesses for years and that has a proven growth
rate. Methods of traditional marketing can include print
advertisements such as:
-
Newsletters
-
Television
-
Magazine Ads
-
Billboards
-
Radio
-
Flyers
-
Newspaper Print Ads
Click
on below Video: Online Marketing and Traditional Marketing
Digital Marketing
Digital
marketing is the latest marketing technique of the global field to
offer products and services to the consumer using the Internet and
advanced technology. With internet finding its application and
benefit in every phase of life, marketing has to managed not only to
promote brands or create awareness through it but also provide them
with a global platform to reach a broader customer base.
Its
digital
marketing includes the following :
-
Email marketing
-
Paid pop-up ads
-
Business networking sites such as LinkedIn
-
Social media marketing sites such as Facebook, Twitter and Instagram
-
Search engines optimization channels such as website, blogs and infographic
-
Click-baiting URLs for viral content marketing etc.
Click
on below Video: 6 BEST Digital Marketing Tools to Grow Your Business
Online
Key Differences between Traditional Marketing and Digital Marketing
1.
Interaction
Traditional
marketing is solely a one-way interaction method, showcasing a
product or service and leaving it at that only. A good business knows
that word of mouth travels and is a great motivator of purchase
behaviour. With search engine reviews and social media discussions,
there are many ways for customers to share their experience with
their friends. Email marketing and social media are good examples of
how digital marketing offers two-way interaction, relationship
building and allowing for feedback.
2.
Data-Driven
When
buying an ad seen on TV or radio, you aren't provided much more
detail information than the numbers of listeners in that market. But
with digital marketing, targeting features for campaigns are
unmatched by traditional advertising. Using social
media campaign, you can create a whole custom
audience of people to reach or create an audience individually of
people that have already visited your website. When marketing on a
search engine like google, bing you can target people searching for
precisely what your business is offering. Digital marketing takes out
the guesswork by providing metrics and in-depth analytics about your
audience and your marketing purposes.
3.
Value Vs Advertising
Difference
between traditional marketing and digital marketing is that many
digital marketers look to give value to their audience by using email
marketing, content marketing and other solutions. Traditional
advertisers are generally just looking to grow their sales with ad
spots, not to provide value.
Click
on below Video: Advantages of Digital Marketing over Traditional
Marketing
So,
what does offering value look like? 75% of the world uses social
media regularly. For example, making it a great channel to connect
with a target audience. A social media marketer can research on what
their audience is interested in and cares about using page analytics,
making their brand and messaging to offer solutions, information or
even entertainment to their audience this provides value to their
audience, building trust and ultimately turning them into customers.
Forming a real, valuable business-to-consumer
(B2C) bond is something a print or tv ads cannot do.
Sr. No
|
Traditional
Marketing
|
Digital
Marketing
|
1.
|
Traditional Marketing is expensive compared to
digital
|
Digital Marketing is cost effective than
traditional marketing
|
2.
|
Have no other option to target relevant set of
customers and it is a mass communication
|
Easy to find the target customers with
analytics and other sources of tools
|
3.
|
End up pumping the budget to the mass crowd, no
option to select the customers
|
Based on the relevant customers the budget can
be planned and optimally utilized
|
4.
|
Promoting Products or services through TV,
Print media, Radio, door to door marketing, telemarketing
|
Promoting a product over the internet with
social media, smartphones and google ads
|
5.
|
Can't able to track the results
|
Track the results and improve the campaigns
based on results
|
6.
|
Ad placements is static and unchangeable
|
Ad location can be revised as new analytics
become available to maximize marketing spend
|
7.
|
Message may not hit the desired target market
|
Message likely to hit the target market since
analytical data is available
|
8.
|
Targeting according to demographic, especially
media buying
|
Targeting according to customer attitude
|
9.
|
A message that created and transmitted
difficult for assimilation of customers in TV channels and radio
|
A digital environment which helps for
interactive communication via dialogue, customers search and
comments
|
10.
|
It is important to remember the trend
|
The customers identify the value of the trend
|
Click
on below Video: Digital Marketing Benefits
With
traditional marketing, you are in the darkness when it comes to an
understanding of your return on investment (ROI). Digital marketing
not only tracks your ROI, but its analytic capabilities also give you
the opportunity to enhance it. Knowing what you pay and what you get
in return is the key benefit of traditional marketing and digital
marketing.
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