Uploaded on Jan 19, 2022
PPT on Traditional Marketing vs Digital Marketing.
Traditional Marketing vs Digital Marketing
TRADITIONAL MARKETING VS DIGITAL MARKETING Traditional marketing is the old way of marketing Technique. It refers kind of promotion, advertisement, includes flyers, billboards, TV ads, radio ads, print advertisements, newspaper ads, etc. in which companies are used in the early period to market their product. Traditional Marketing Source: www.geeksforgeeks.org 2 • Easy Connectivity with the target audience: Advertisements can be placed on the local news dailies and channels of the concerned geographical area to target the prospective customers easily. • Save hard copies: Customers can save the hard copies of the ads placed in the newspaper or magazine, which they are interested in, so as to refer them when they wish to buy that product or service. Why Traditional Marketing? Source: www.geeksforgeeks.org 3 • Easily recognizable: People are quite accustomed to the conventional ads, as they are being used for a long time and so they understand and recognize it easily. • High Reach: Traditional marketing channels have a large customer base, and so a single ad can reach millions of customers of the area in just one circulation. Why Traditional Marketing cont. Source: www.geeksforgeeks.org 4 Digital Marketing is modern way of marketing Technique. In which we promoting, selling products and services by online marketing. It also refers to the Marketing of any kind of business through digital media and devices such as Google, Facebook, Instagram, YouTube etc. Digital Marketing Source: www.geeksforgeeks.org 5 • Highly Cost-effective: Small scale business or startup with minimum capital investment can find a better and budget-friendly channel to promote their products and services. • Levels the playing field: Digital Marketing evens the playing field for all, i.e. it provides equal and similar opportunities to all the enterprises be it a multinational corporation or a start-up company, to attract the targeted customers. Why Digital Marketing? Source: keydifferences.com 6 • Connect with customers via powerful content: On the internet, content is regarded as king, that can influence your audience right away if you have the powerful content. • Increases conversions: The rate of incoming traffic converted into the customers often determines the success of digital marketing. Why Digital Marketing cont. Source: keydifferences.com 7 • Higher revenue generation: When customer engagement and conversion is higher, it will reap higher profits for your business. And so, the businesses can expand both domestically and internationally. • Creating brand awareness: Digital marketing helps the firm in creating brand awareness among customers, by keeping them updated about the new products, offers, discounts, etc. Why Digital Marketing cont. Source: keydifferences.com 8 Key Differences Between Traditional Marketing and Digital Marketing • Traditional Marketing implies any sort of promotion, advertising or campaign, used by the companies over the years for publicizing the products and services, by using conventional channels like radio, television newspaper, etc. • On the other hand, Digital Marketing is the process of promoting and selling the company’s products and services by using online marketing channels and tactics. How it works? Source: keydifferences.com 10 • The rate of conversion from a prospect to lead is faster in digital marketing as compared to traditional marketing. This is because, digital marketing is data-driven marketing and ads are shown to people according to their likes and interests, and this helps in generating qualified leads. Rate of conversion Source: keydifferences.com 11 • Customer engagement refers to the interaction between a customer and a company via different online or offline channels. So, the rate of customer engagement is higher in digital marketing as compared to traditional marketing. Customer engagement Source: keydifferences.com 12
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