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Tuesday 18 November 2014

Are You Making Any Mistake In Your Marketing Strategy?

Probably a million dollar question in today's time "Is your marketing strategy well aligned with the current trend?" or "Are you making any mistake in your marketing strategy?" Let's delve this topic in this Blog.

What is "Marketing"?
To run your business successfully, the first thing you need to understand is to understand the "Actual meaning of marketing". In a simple language, "marketing is the strategized way to reach your targeted audience as and when they are looking for you [your services/ products] and convert them into a lead by explaining how you [your services/products] can make their life better. Once lead is made, the journey continued to maintain and delight your clients."

How marketing was practised?
Previously, marketers were taking help of a few activities, including:
  • Print media ads
  • Cold calling
  • Door knocking
  • Email marketing
  • Large network

These activities were quite good in 90s and before when people used to entertain such calls,emails and sales people. But, with the revolution in the technology, people changed their approach. They start losing interest in such sales approaches and started finding them irritating, disturbing and interfering. The audience start looking, comparing and reviewing things on the internet. The buying habits are getting changed and so does the marketing activities. It's the time to switch, or start the online marketing practices.

I'm not saying that traditional marketing activities are completely dead, but at certain extent it has lost its original impact. There might be a few industries where people are still getting good business from these activities. But the question is till when?

The world is moving towards the online media and digitization. Your audience is spending majority of their time on search engines, social media, e-commerce sites and similar places. So, don't you think you should target those people, too. Even if, you are getting a great deal of business from the traditional activities, don't you think you should target the other branch of people with various online and digital marketing activities.

If you think why? I suggest to read the failure story of Kodak.It's difficult to cover that story here so giving the reference link of the story http://www.forbes.com/sites/chunkamui/2012/01/18/how-kodak-failed/

No matter how good position you are holding, you have to change with the trend. If you think old practises give you good results, do work on it, but, start making pace with the world by taking online marketing services. Assign a portion of budget to it and don't wait till the time to get completely failed and then starting from a zero.

If you have doubts or finding it risky then allot a fraction of marketing budgets to online marketing. Check the result and then take the next step. This is the right time to think again for the upcoming quarters of this financial year. Are you on right page or not? Don't you want to open the new doors for getting more clients? Don't you want to reach those people spending most of their time on the online world? Think wisely, think now.

If you have any query, you can reach me by commenting on the Blog.

*Image credit goes to omnistudios

Ash Vyas SEOAsh Vyas is working in Internet Marketing field for 6+ years. Have experience in handling projects of SEO, SMO, SEM, Content Marketing, Branding etc.
Likes : Blogging, Learning, Networking, Traveling, Photography
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