We humans have a perpetual tendency to
evolve as we advance through ages. Specifically, in this last generation we
witnessed the domination of the technology age which has transitioned into the
digital age. As business students and owners, to survive we must adapt. The
latest shift in the industry is digital
media marketing.
Before the internet became the equivalent
of oxygen for survival, marketing was done through various means. Fliers,
advertisements, and word of mouth were very common techniques that reached the
majority of people in your local community. However, the internet has expanded
the definition of that ‘local community’ to encompass anyone in the world who
is online.
Digital media marketing means having your
company’s advertising platform being delivered directly to your intended target
market. They will see your company’s name, your product and your ads on their
smartphones, laptops and tablets. One of the major benefits is that the
campaigns can be changed with just a few buttons, and those changes will be
broadcasted to your audience immediately.
A key aspect of digital media marketing to
keep in mind is the idea of personalization. (Morrison, 2015) Using information
about the consumer, companies are now designing targeted ads to consumers in
ways that will attract them as an individual rather than creating a blanket
advertisement for anyone. Also it recognizes what services and products people
are searching for and can give them specific ads for those items. This will be
discussed more in depth in a future post.
Marketing has evolved just like everything
else. We used to throw a massive fishnet and hoped to catch as many as
possible. Now, it’s become an art of perfecting individual nets for each fish
based off their size and speed. To learn more about digital media marketing,
stay tuned for more posts and participate in the comments and discussions
below!
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