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Digital Marketing vs. Traditional Marketing: Which One Should You Invest In?
Insight | June 29, 2022
Marketing is the bread and butter of any business. Almost every business, no matter what the size, allocates funds for marketing themselves.
However, deciding the right marketing strategy isn’t easy. With the advent of the internet and technology, choosing an appropriate marketing method has become increasingly difficult.
Most businesses wrestle with the idea of what kind of marketing to invest in since their budgets only allow them to accommodate one. Should they stick to conventions and go for traditional marketing methods? Or should they hitch their ride to the bandwagon of digital marketing?
Let’s find out.
Traditional Marketing: How does it stand out?
Traditional marketing entails conventional methods of reaching out to potential audiences in the hope of converting them into loyal customers. Typical examples of traditional marketing include:
- Broadcast (TV, radio, etc.)
- Print (newspapers, magazines, etc.)
- Telephone (SMS marketing, telemarketing, etc.)
- Direct Mail (postcards, catalogues, brochures, etc.)
- Outdoor (billboards, flyers, etc.)
And so on.
The primary benefit of using the traditional marketing approach is getting access to a local audience. You can easily impinge on their senses to convince them to buy what you’re selling.
It also appeals to audiences as they’re able to easily understand what you’re trying to convey.
Naturally, it costs a lot. Traditional marketing doesn’t come cheap. And this is what makes it a second fiddle to the digit marketing approach.
Digital Marketing: What makes it unique?
The advent of technology and IT has led to a major overhaul in how marketing has evolved today. Simply put, digital marketing is the new face of marketing. Here’s why it’s a better method to market your business.
- It’s relatively cheap. Unlike traditional marketing methods, this new-age variant doesn’t demand tons of money.
- It gives businesses access to wider audiences – both local and international.
- It gets you real-time results. And several metrics to measure them as well.
- It keeps you constantly connected to your target audience.
- It makes the process of brand development more convenient and efficient.
It wouldn’t be imprudent to pinpoint how Digital Marketing overpowers its traditional counterpart.
In Conclusion: Which marketing approach suits you better?
Marketing has and will always be indispensable to businesses. It’s the sine-qua-none of growing, building, and consolidating your presence and identity.
While both digital and traditional approaches to marketing beget results for your business, choosing one is often a matter of great difficulty. A lot depends on your budget.
If you’re a massive company with a ridiculous budget to spend on marketing, you could needlessly go for both approaches to consolidate your brand. But if you’re a small or medium-sized company (especially a start-up), approaching a digital marketing company is a highly recommended way of growing your enterprise.
It’s far cheaper than traditional methods and gives you access to a broader market.