Be where your customers are” According to the saying above, it was said long back that sellers should exist in an ecosystem where buyers reside. If the sellers are missing from the place where buyers reside then it is quite a big challenge for both of them to connect. The entire idea of digital marketing or bringing products and outlets on the digital sphere was a hit due to the ease and comfort that the customers or the people in the marketplace got after everything jumped off to the internet.
Shopping complexes or retail stores are physically located in a particular location and hence proximity matters a lot here for people to shop. No customer or buyer would want to travel super long and get something until and unless your product has an extreme demand and monopoly. But as all of us know, the market is dynamic and monopolies don’t stay for long. Hence it is important for the shopping outlets and retailers to have a digital presence parallelly. Also observing the situation after the covid-19 pandemic, mass gatherings seem extremely impossible and hence a physical outlet cannot expect traffic, with low traffic there will be very low conversions. Many outlets and shopping complexes have chosen to stick to digital marketing as in reality it is comfortable for both the buyer and the seller and there many things that can be avoided with this like negotiations.
With Outlets being on the digital platform, it offers a great variety and this helps the buyer to make the purchasing decision quick.
So today we will tell you why as a retail or shopping outlet owner you must run your business on a digital platform too.
Everything and everyone is online: Any service outlet you have, if people require the product they simply do a google search and if you aren’t present there, they just don’t know you exist in the market. This is the power of digital presence.
Personalized marketing: Personalized marketing doesn’t work out in traditional marketing, what they do is word-of-mouth marketing. Working on the basis of survey reports and feedback and insights reports doesn’t happen with traditional marketing as neither the buyer nor the seller knows whether they would meet again or not. But with digital marketing methods, the seller always tries to stay in contact with the customers by personalized emails, personalized messages, sale notifications, etc. Insights: This is the best and most important for retailers and shopping outlets to shift to digital marketing as they can get a report of all the marketing campaigns they have spent and run for. This insight helps in knowing the likes and dislikes of the customers or traffic and can work for the next marketing campaign accordingly.
Traffic from multiple sources: This feature was there even before digital marketing, people used to put ads in the newspaper and tv commercials but due to certain prejudices the viewers took and understood it to be a costly product as tv commercials and newspaper ads require a lot of money, but digital marketing gets traffic from social media, SEO, marketing campaigns, and a lot more which are a combination of paid and organic methods.
Cost-effective: Traditional marketing requires a lot of funding on a regular basis as they all come out a hard copy. Also, it requires a lot of concentration because if the designs are printed they can’t be changed. Marketing collaterals used in traditional marketing style are printed in huge quantities and hence one small mistake can ruin the idea as well as prove to be a great loss. But with digital marketing everything being a soft copy, printing costs are sorted, mistakes are accepted and designs are appreciated.
We know you are amazed by the advantages of digital marketing and bringing your shopping outlet to a digital presence. So we have educated you rather informed you enough about the advantages. What are you waiting for? Switch to digital marketing!