If you want to optimize your digital marketing campaign, increase your conversion rates and derive higher revenues, it’s important to understand your current status.
Your digital marketing knowledge can be divided into three main areas, which are as follows.
1. Not knowing at all
2. Knowing something
3. Knowing
Not knowing at All
If you have no idea about your current position in the industry, then you’re either in the best or the worst position. On the bright side, you can start from scratch and develop a marketing strategy.
On the other hand, since you have done nothing, you have a long way to go before you can build a viable online presence and start benefitting from your marketing campaign.
In most cases, companies at this level have an old website and usually don’t bother to build a presence on social media. This also means that you have very few leads to work on, and thus, the results are poor even if you have been investing a significant amount of time and effort.
Knowing Something
Businesses at this level have worked on their website. As for social media, they have followers in hundreds and have posted a few times as well.
However, their posts are still not consistent enough to drive traffic to their websites and promote their products or services effectively.
In other words, companies at this level aren’t growing. They have achieved stagnancy, where they are only surviving in their own niche and drifting along with the flow. In order to revive themselves, these companies must revisit and develop a marketing strategy again that is more aligned with their goals.
Knowing
Businesses that fall under this category have spent a good amount of money on their website, and use social media consistently.
But they may not always be relevant, considering the messages that they communicate across different mediums and the manner in which they engage with their customers.
Though the websites have a proper structure, the content isn’t always above par. Thus, growth is slow.
The Solution
The solutions for all three types of businesses are the same. Let us take a look at what these are.