Connect with us

SEO

What Is A Digital Marketing Strategy? 5 Steps To Create One

Published

on

What Is A Digital Marketing Strategy? 5 Steps To Create One

Part of any successful business is a successful digital marketing strategy.

Creating a strategy is one thing, but the execution is just as important, if not more.

But with the digital landscape changing every day, where’s the best place to start creating and optimizing your strategy?

Read on to learn how to create a successful digital marketing strategy for your brand.

What Is A Digital Marketing Strategy?

Inevitably, digital must become the pillar of your overall marketing strategy.

Advertisement

With an average of 12 touchpoints and two months for a customer to convert from awareness to sale, many of those touchpoints will be digital.

While there’s not one clear-cut definition of what a digital marketing strategy is, it can be summarized as the following:

A digital marketing strategy is part of a larger business plan that outlines how to reach its overarching business goals using digital channels.

A digital marketing strategy must be tailored toward specific company key performance indicators (KPIs). Core elements of creating a successful strategy include:

  • Digital channels.
  • Target audience and regions.
  • Core messaging components.
  • Budgets.

As part of a digital marketing strategy, specific channels are identified to target the company’s ideal customers and lead them toward conversion.

These channels can include (but are not limited to):

  • Search engines.
  • Social media platforms.
  • Email.
  • Websites.
  • Apps.

Identifying channels is just one part of the digital marketing strategy. The second necessary key piece is consistent and relevant messaging to the target audience.

While the overarching message should be consistent across channels, the way brands engage and specifically talk to customers will, and should, vary by platform.

Digital Strategy Vs. Tactics

Many brands tend to confuse strategies and tactics and end up blending them together.

Advertisement

While both are essential elements of a marketing plan, strategy and tactics have different definitions and serve different purposes.

As mentioned above, a strategy is part of a larger business plan to help brands reach overarching company goals.

Conversely, tactics are planned actions to achieve a greater marketing strategy.

The Key Differences Between Digital Strategies And Tactics

Strategy Tactics
Focused on long-term goals Focused on short-term goals
Part of a larger company plan Can be measurable objectives
Channel-oriented Campaign-oriented
Audience-oriented Action-oriented
Provides a roadmap for tactics

One example of a digital strategy could be paid media marketing. The tactics that fit within paid media marketing could include:

  • Running paid search ads on Google or Microsoft.
  • Testing audiences on the Google Display Network (GDN).
  • Testing landing page or ad copy creatives for optimized conversion rates.

To summarize: Tactics do not equal strategies. Strategies are created to then inform which tactics should be used.

Digital Strategy Examples

While digital marketing strategies may contain similar characteristics across brands, each strategy and its tactics will look different. Strategies are not a “one size fits all.”

Below are some of the more common digital marketing strategies used by brands across the world:

Advertisement
  • Pay-per-click (PPC) advertising.
  • Search engine optimization (SEO).
  • Content marketing.
  • Ecommerce.
  • Email marketing.
  • Social media marketing.

PPC Advertising

PPC marketing is a form of online advertising where brands pay each time a user clicks on their ad and is driven to the company website. Typically PPC campaigns are run in Google and Microsoft Ads.

Within those two PPC platforms are multiple campaign types to choose from, depending on the advertiser’s goals. These can include:

  • Search ads.
  • Display ads.
  • Shopping ads.
  • YouTube ads.
  • App ads.
  • Discover ads.
  • Performance Max.
  • And more.

PPC ads can be hyper-targeted to specific audiences or targeted to the masses, depending on the brand’s objectives. PPC is generally used to drive a brand’s traffic, sales, and conversions.

An example of a PPC search ad on Google is below.

Screenshot from search for [ppc software], Google, March 2023

SEO

An SEO strategy involves optimizing the brand’s website, app, or content to help rank higher in the search engine results pages (SERPs).

When a brand’s website and content are optimized, it helps drive improved organic (non-paid) search visibility, ultimately driving more traffic to the website.

SEO is considered a long-term strategy, and while there are typically no “direct” costs (like PPC advertising), it does involve indirect costs such as:

  • Employee or agency time and fees.
  • Third-party platforms or technology costs.

One benefit of having a strong SEO strategy is that, over time, the reliance on PPC marketing can be reduced, making the budget more efficient.

Using the same example of the search query [ppc software], an example of organic listings and answer boxes on the Google SERP is below.

An example of organic listings for the query 'ppc software' in Google.Screenshot from search for [ppc software], Google, March 2023

Content Marketing

This strategy is more “behind-the-scenes” work, if you will. It includes creating (and sharing) unique and valuable content with a company’s target audience.

Part of a content marketing strategy involves creating different types of content for each digital platform.

Advertisement

For example, if a brand wants to create content for the TikTok platform, the content would be in the form of short video clips (maximum of three minutes).

Conversely, if a brand wants to increase brand authority, it may involve creating a long-form article and blog strategy to live on its website.

Content marketing aims to help build and establish trust with the target audience and turn them into long-term, repeat customers.

Using the same example as the PPC section above, an example of content marketing is below. The brand Skai (formerly Kenshoo) curates blog posts for its readers to increase engagement.

Skai.io Screenshot from Skai.io, March 2023

Ecommerce

If a brand sells physical products, an ecommerce strategy should be crucial to a company’s business goals.

Enabling an ecommerce strategy means an online storefront is created for consumers to purchase products.

Some of the tactics in an ecommerce strategy can include:

Advertisement
  • Creating an online storefront where brands sell direct to consumers (DTC).
  • Selling physical products on online marketplaces such as Amazon.
  • Creating affiliate sales programs where others get paid to promote the brands’ products.
  • Paid shopping ads on Google and Microsoft to drive sales.
  • Influencer and brand ambassador marketing.

Email Marketing

This component of a digital strategy involves sending targeted emails to potential and current customers. The ultimate goal of email marketing is to drive leads, sales, or transactions and create repeat purchasers throughout the customer journey.

For example, a soon-to-be bride is looking for the perfect wedding invitations after getting engaged.

After this user is subscribed to the brand’s email or marketing communications, an email strategy cadence is created to guide them throughout the planning process. That could include:

  • Promoting free samples on wedding invitations.
  • Discounts on wedding invitation suites.
  • Free (or discounted) Thank You cards after the wedding.
  • Referral program to create word-of-mouth sales.

Email marketing is a great way to talk to the target audience and build lasting customer relationships, even after the initial purchase.

Below is an example of a targeted email offering a promotion in my inbox:

What Is A Digital Marketing Strategy? 5 Steps To Create OneScreenshot taken by author, March 2023

Social Media Marketing

Depending on the brand, a social media marketing strategy will have different use cases and goals.

As part of the larger digital marketing strategy, social platforms should be chosen to promote content or interact with the target audience in some form.

Below are just a few tactics that can be used in social media marketing:

  • Creating organic content to post.
  • Running paid ads on platforms to target audiences.
  • Launching influencer marketing campaigns depending on the specific goal.

Using the same brand example as the email section, below is an example of a retargeting ad on Facebook (Meta):

Thrive Market Facebook adScreenshot from Facebook, March 2023

How To Create A Digital Strategy In 5 Steps

As mentioned above, a digital marketing strategy should be created after identifying the overarching business goals.

For this reason, the steps to create a successful digital strategy include specific steps to help achieve the larger business goals.

Advertisement

What Is A Digital Marketing Strategy? 5 Steps To Create One

Step 1: Identify Target Audience And Build Personas

A digital marketing strategy will only be as good as the target audience behind it. After all, they’re the ones who purchase your brand’s products and services.

When identifying a target persona, consider the following items:

  • Demographics: After identifying where to sell your products/services, determine if any key geographic areas may outperform others. Other demographic categories are age, parental status, household income, and more.
  • Interests: What kinds of hobbies does your ideal persona have? This information can help shape content for the customer.
  • Behaviors: How (and where) do these users consume content on the internet? Are they impulse shoppers? What social platforms do they frequent?
  • Pain points: What problems are users trying to solve? This is the key area to focus on. By providing your target audience with a solution to their pain points and speaking to them in a way they understand, you’ll likely win a customer for life.

Step 2: Conduct Competitor Landscape Analysis

It’s important to understand the digital landscape before diving into digital channels.

Some of the key components of conducting a competitor analysis include:

  • Which competitors are bidding on relevant keywords you’d like to target?
  • How are competitors messaging their target audience?
  • Which channels are competitors advertising on?
  • How do competitors rank organically compared to you?
  • How much are competitors’ monthly digital ad budgets?

Third-party tools like Semrush, SpyFu, Google Keyword Planner, and Google Trends can help answer many of these questions.

Note that with any third-party tool’s data, the information provided cannot be guaranteed 100% accurate and should be used as a guide, not as an absolute.

Step 3: Determine Necessary Digital Marketing Channels

Once you’ve figured out who your target audience is and where they hang out online, it’s time to determine the key digital marketing channels.

Ideally, a mix of channels will be chosen as it’s not best practice to choose one or two and put all your eggs in one basket.

Advertisement

The key is to diversify the digital channels and meet your customers where they’re online at any given point in time.

These channels will likely include any of the above in the digital strategy examples section.

Each channel identified should include its own set of KPIs. These are set by the marketers and greater business teams.

Be sure not to set the same KPIs and measurement goals for each channel, as they all serve different purposes.

Creating realistic measurement goals ensures that awareness channels are measured against awareness KPIs, such as brand lift instead of direct conversions.

As with any digital channel, it’s important to understand how they can be measured.

Advertisement

This step should include identifying a proper measurement platform, such as Google Analytics or another tool, to ensure that marketing dollars and channels can be measured.

Step 4: Create Content And Unique Value Proposition Plan

Once the digital channels have been identified, it’s time to plan your content for each channel.

The key is creating a consistent messaging framework that can be reused and reworked in each channel. That way, you’re not starting from scratch each time.

For example, if you want to introduce your brand on YouTube or the Google Display Network, the content should not be focused on a direct conversion or a “Buy Now” CTA. That’s simply asking for too much on an initial brand awareness touchpoint.

On the other hand, for someone well on their search journey and looking for specific products and services, that could be a time to introduce discounts and special offers.

Lastly, make sure that what you’re providing your customers is unique and differentiated in the market. Conducting a competitor analysis first will help identify what’s currently being offered in the market.

Advertisement

Even if your product or service is similar to your competitors, it’s important to find a way to differentiate your brand.

Step 5: Execute And Optimize Digital Marketing Strategy

Once you’ve defined steps 1-4, it’s time to launch your digital marketing strategy.

However, the work is not done yet. Your digital marketing strategy should be ongoing and fluid based on performance and the changing market landscape.

Digital marketing channels and campaigns should be continuously monitored and analyzed to ensure that marketing budgets and resources are utilized most effectively.

This should include daily, weekly, and monthly checkpoints in each channel.

Monthly reports and quarterly business reviews (QBRs) should be conducted to provide opportunities to shift and pivot strategy based on findings.

Advertisement

Summary

Digital marketing strategies are not a “one size fits all.” They also should not be the only strategy a brand has.

While it’s important to think about “digital-first” when it comes to strategies, it needs to align with the overarching business goals.

Don’t confuse strategy and tactics and end up rushing into a tactics-first approach.

By taking the time to create a solid digital marketing strategy, you’re setting the brand up for long-term success and the ability to pivot based on performance.

More Resources:


Featured Image: ImageFlow/Shutterstock

Advertisement



Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address

SEO

Google Declares It The “Gemini Era” As Revenue Grows 15%

Published

on

By

A person holding a smartphone displaying the Google Gemini Era logo, with a blurred background of stock market charts.

Alphabet Inc., Google’s parent company, announced its first quarter 2024 financial results today.

While Google reported double-digit growth in key revenue areas, the focus was on its AI developments, dubbed the “Gemini era” by CEO Sundar Pichai.

The Numbers: 15% Revenue Growth, Operating Margins Expand

Alphabet reported Q1 revenues of $80.5 billion, a 15% increase year-over-year, exceeding Wall Street’s projections.

Net income was $23.7 billion, with diluted earnings per share of $1.89. Operating margins expanded to 32%, up from 25% in the prior year.

Ruth Porat, Alphabet’s President and CFO, stated:

Advertisement

“Our strong financial results reflect revenue strength across the company and ongoing efforts to durably reengineer our cost base.”

Google’s core advertising units, such as Search and YouTube, drove growth. Google advertising revenues hit $61.7 billion for the quarter.

The Cloud division also maintained momentum, with revenues of $9.6 billion, up 28% year-over-year.

Pichai highlighted that YouTube and Cloud are expected to exit 2024 at a combined $100 billion annual revenue run rate.

Generative AI Integration in Search

Google experimented with AI-powered features in Search Labs before recently introducing AI overviews into the main search results page.

Regarding the gradual rollout, Pichai states:

“We are being measured in how we do this, focusing on areas where gen AI can improve the Search experience, while also prioritizing traffic to websites and merchants.”

Pichai reports that Google’s generative AI features have answered over a billion queries already:

Advertisement

“We’ve already served billions of queries with our generative AI features. It’s enabling people to access new information, to ask questions in new ways, and to ask more complex questions.”

Google reports increased Search usage and user satisfaction among those interacting with the new AI overview results.

The company also highlighted its “Circle to Search” feature on Android, which allows users to circle objects on their screen or in videos to get instant AI-powered answers via Google Lens.

Reorganizing For The “Gemini Era”

As part of the AI roadmap, Alphabet is consolidating all teams building AI models under the Google DeepMind umbrella.

Pichai revealed that, through hardware and software improvements, the company has reduced machine costs associated with its generative AI search results by 80% over the past year.

He states:

“Our data centers are some of the most high-performing, secure, reliable and efficient in the world. We’ve developed new AI models and algorithms that are more than one hundred times more efficient than they were 18 months ago.

How Will Google Make Money With AI?

Alphabet sees opportunities to monetize AI through its advertising products, Cloud offerings, and subscription services.

Advertisement

Google is integrating Gemini into ad products like Performance Max. The company’s Cloud division is bringing “the best of Google AI” to enterprise customers worldwide.

Google One, the company’s subscription service, surpassed 100 million paid subscribers in Q1 and introduced a new premium plan featuring advanced generative AI capabilities powered by Gemini models.

Future Outlook

Pichai outlined six key advantages positioning Alphabet to lead the “next wave of AI innovation”:

  1. Research leadership in AI breakthroughs like the multimodal Gemini model
  2. Robust AI infrastructure and custom TPU chips
  3. Integrating generative AI into Search to enhance the user experience
  4. A global product footprint reaching billions
  5. Streamlined teams and improved execution velocity
  6. Multiple revenue streams to monetize AI through advertising and cloud

With upcoming events like Google I/O and Google Marketing Live, the company is expected to share further updates on its AI initiatives and product roadmap.


Featured Image: Sergei Elagin/Shutterstock

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

SEO

brightonSEO Live Blog

Published

on

brightonSEO Live Blog

Hello everyone. It’s April again, so I’m back in Brighton for another two days of sun, sea, and SEO!

Being the introvert I am, my idea of fun isn’t hanging around our booth all day explaining we’ve run out of t-shirts (seriously, you need to be fast if you want swag!). So I decided to do something useful and live-blog the event instead.

Follow below for talk takeaways and (very) mildly humorous commentary. 

Advertisement

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

SEO

Google Further Postpones Third-Party Cookie Deprecation In Chrome

Published

on

By

Close-up of a document with a grid and a red stamp that reads "delayed" over the word "status" due to Chrome's deprecation of third-party cookies.

Google has again delayed its plan to phase out third-party cookies in the Chrome web browser. The latest postponement comes after ongoing challenges in reconciling feedback from industry stakeholders and regulators.

The announcement was made in Google and the UK’s Competition and Markets Authority (CMA) joint quarterly report on the Privacy Sandbox initiative, scheduled for release on April 26.

Chrome’s Third-Party Cookie Phaseout Pushed To 2025

Google states it “will not complete third-party cookie deprecation during the second half of Q4” this year as planned.

Instead, the tech giant aims to begin deprecating third-party cookies in Chrome “starting early next year,” assuming an agreement can be reached with the CMA and the UK’s Information Commissioner’s Office (ICO).

The statement reads:

Advertisement

“We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and developers, and will continue to engage closely with the entire ecosystem. It’s also critical that the CMA has sufficient time to review all evidence, including results from industry tests, which the CMA has asked market participants to provide by the end of June.”

Continued Engagement With Regulators

Google reiterated its commitment to “engaging closely with the CMA and ICO” throughout the process and hopes to conclude discussions this year.

This marks the third delay to Google’s plan to deprecate third-party cookies, initially aiming for a Q3 2023 phaseout before pushing it back to late 2024.

The postponements reflect the challenges in transitioning away from cross-site user tracking while balancing privacy and advertiser interests.

Transition Period & Impact

In January, Chrome began restricting third-party cookie access for 1% of users globally. This percentage was expected to gradually increase until 100% of users were covered by Q3 2024.

However, the latest delay gives websites and services more time to migrate away from third-party cookie dependencies through Google’s limited “deprecation trials” program.

The trials offer temporary cookie access extensions until December 27, 2024, for non-advertising use cases that can demonstrate direct user impact and functional breakage.

Advertisement

While easing the transition, the trials have strict eligibility rules. Advertising-related services are ineligible, and origins matching known ad-related domains are rejected.

Google states the program aims to address functional issues rather than relieve general data collection inconveniences.

Publisher & Advertiser Implications

The repeated delays highlight the potential disruption for digital publishers and advertisers relying on third-party cookie tracking.

Industry groups have raised concerns that restricting cross-site tracking could push websites toward more opaque privacy-invasive practices.

However, privacy advocates view the phaseout as crucial in preventing covert user profiling across the web.

With the latest postponement, all parties have more time to prepare for the eventual loss of third-party cookies and adopt Google’s proposed Privacy Sandbox APIs as replacements.

Advertisement

Featured Image: Novikov Aleksey/Shutterstock

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

Trending

Follow by Email
RSS