Huge Market
India alone is having population of
1.241 Billion and where 72.2%
of people reside in Rural India where traditional media cannot reach and affect
their mindset. But Digital Media Marketing has shown a great potential in
reaching them through Mobile Phones and Internet.
We can take example of ITC’s
E-Chou pal.
Cheaper and Efficient
Digital Media is a very efficient
means of promoting a product where the marketer can exactly position its
product wherever they want, and reachabilty in very huge in terms of Global
Context. Also, the price to be paid for advertisement/promotion is very less as
compared to Traditional Media.
Faster Reach
Online Advertisement is much f
aster than offline advertising and we can start sending out the ads to a wider
audience, the moment we start our advertising campaign.
Easily Track able and Conversion Measurement
Measurability and easiness to track
the conversion makes online advertising much better and efficient than
traditional advertising methods. Various Analytical tools are available to
measure the Online Advertising campaign which helps in improvisation of the
Ads.
For eg. Google Analytics
Return on Investment
Online Advertisements are mainly
focused on performance based payments, where Return on Investment is much
better than offline advertisements.
Branding
Online Advertising plays a vital
role in improving the branding of an Organization, service or product.
Audience Engagement
Online Advertising makes it easy
for the audience to engage with the ads. Here, one to one communication model
is possible where both the Company and Customer can directly communicate with
each other, which is not possible through Traditional medium.
Flexible Payments
Payment flexibility is another
advantage of online advertising and marketing. An advertiser has to pay only
when there is a Click, impression or acquisition irrespective of Offline
Advertisements where payments are to be done in full no matter there is any
result.
Informative
Online Advertisements convey more details
about the product/service to the audience at a low cost. Online Advertisements
are composed with a clickable link to a specific landing page, where users can
get more information about the product and can sometimes make purchases online.
Target Audience
Online advertisements always help
in reaching the targeted audience which helps in making the campaign more
profitable and getting more relevant leads. Here, Targeting can be done on
various bases like Geography, Demography and Time.
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