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  • Google Topics to Replace FLoC: 5 Ways for B2B Marketers to Keep Up With the Third-Party Cookies Phase-Out

    What does the death of third party cookies mean to marketers? What is Google replacing FLoC with? Are Topics good for advertisers? Read now and find out!

  • How to Understand Market Penetration and Create a Strategy With STP Marketing

    Everyone wants their business to grow. This seems pretty intuitive considering effective and successful growth means your business is experiencing boosts in revenue, brand awareness, brand loyalty, and more — and we know this to be true by looking at the most successful and well-known companies today (e.g. Apple, Amazon, etc.).
    The question is: What do these highly-successful companies do to ensure they put themselves in a position for strong and consistent growth?

    Of course, there are a number of answers to this question based on who you ask. However, the one we’re going to focus on in this blog post is market penetration. So, what is market penetration?

    How to Calculate Market Penetration
    If you’re using market penetration as a measurement, use the following formula to discover how much a product or service is used by customers compared to its total estimated market. In other words, take the current sale volume for your product or service and divide it by the total sale volume of all similar products available in the market.
    (Number of Customers / Target Market Size) x 100 = Market Penetration Rate
    Frequently monitoring your market penetration is important in order to identify any increases or decreases in penetration. If you’re wondering how often to calculate market penetration, a good rule of thumb is to calculate it after every marketing and sales campaign you run. This will highlight any changes in penetration — and, as a result, you’ll also have a better idea of the success of your campaign(s).
    Next, let’s dive a little deeper into what market penetration is and why it’s such an effective growth strategy.

    Understanding Market Penetration
    A company can use market penetration at the industry level to review the potential for specific products or services or on a smaller scale as a way to gauge the market share of a product or service. It offers insight into how the market and your customers view your product or service.
    What is high market penetration?
    When it comes to market penetration, you want yours to be high. There are many benefits to high market penetration.
    For instance, think about Nike. The company is a market leader in athletic shoes. When you go to the sneakers section of a store like Foot Locker or Dick’s Sporting Goods, Nike consistently takes up a large portion of the space.
    That’s because retailers like Foot Locker and Dick’s know Nike delivers in sales. They also know their customers expect a wide selection of Nike products in their stores. Nike’s popularity and brand name warrant better shelving space and visibility, too. This is all a result of Nike’s high market penetration.
    Similar to Nike, when you have a high market penetration…

    You’re an industry leader.
    You sell products or services that are already established within the industry.
    You have a widely-recognized brand.
    You have good visibility in the market.
    You have strong brand equity.
    You likely make your product for less than you would be able to if you were a less-established business due to the scale of your operation.
    You have a high sales volume which means you have leverage among suppliers and sellers.

    High market penetration offers a marketing advantage and more potential for continued growth and success as a business. Needless to say, high market penetration is the goal — but, how do you achieve it? Well, market development is a good place to start.

    To increase market penetration, focus on market development first. Let’s look at an example.
    Example of Market Development Increasing Market Penetration
    A successful leggings brand, Booty by Brabants, has made waves in recent years in the athletic-wear industry. The brand has established itself as a seller of high-quality and unique leggings for women of all sizes.
    By reviewing their market penetration, BBB was able to identify a small, existing market they could tap into — kids’ leggings. They determined that selling kids’ leggings could help them broaden their target audience and customer base for little added cost and effort.
    Although BBB Kids leggings aren’t a major source of revenue for the company, they’re complementary to its existing product line and bring in new customers. BBB was able to identify an existing market they hadn’t taken advantage of yet and determine clear steps to successfully enter that market. As a result, they expanded their product line, customer base, and market penetration.
    Now, let’s look at the most effective ways to get started on your market penetration strategy.

    As you begin working on your market penetration strategy, you may hear the words: Ansoff Matrix.
    The Ansoff Matrix is a tool with four growth strategies listed for businesses to consider.

    Image Source
    As you move to the upper-right quadrant of this matrix, the growth strategies become riskier for businesses. We’ve included information about the Ansoff Matrix in this article because it further proves and highlights the fact that market penetration is a highly-valuable and achievable way to effectively grow a business, even for the risk-averse.
    At this point, you might be wondering about the specific strategies under the umbrella of market penetration that you can deploy at your company — let’s talk about some of those next.

    Market Penetration Strategies
    Here are some examples of effective market penetration strategies that you may choose to focus on and/or implement at your company.
    1. Change your pricing.
    Lower or raise the cost of one of your products.
    2. Revamp your marketing.
    Rework your marketing plan and/or roadmap.
    3. Identify the need for a new product and launch it.
    Survey and analyze your customers and target audience to identify the need for a new product (or feature). Then, create that product and sell it.
    4. Update or change your product (or a specific feature of your product).
    Resolve the challenges of your customers and buyer personas more effectively by updating or changing a product or feature.
    5. Grow business in new territories and offer franchise opportunities.
    Identify new territories in which you can expand and grow your business. Ask yourself: Which new areas can we open our stores or prospect? You might also begin offering franchise opportunities to expand your brick-and-mortar business.
    6. Identify a business partner to work with.
    Partner or merge with another business in a mutually beneficial way (e.g. run a co-marketing campaign).
    7. Purchase a small business or competitor in your industry.
    If you have the resources, consider acquiring a small business or competitor in your industry to broaden your base of customers and your offerings/ capabilities. (HubSpot did this a while ago.)
    8. Offer a promotional program to boost loyalty.
    Give customers an opportunity to sign up for a loyalty program that provides them with perks in return for giving you their contact information (e.g. discounts, birthday gifts, inside information, etc.).
    9. Develop a new marketing campaign.
    Create and launch a marketing campaign or initiative to promote your product line in a unique and new way that your customers haven’t seen before. Analyze your campaign’s success so you can refer to it in the future.
    10. Boost sales rep activity.
    Encourage sales reps to increase the number of interactions they have with qualified prospects (e.g. focus on social selling and meeting prospects where they are).
    Segmentation, Targeting, and Positioning
    STP marketing stands for segmentation, targeting, and positioning. This is a three-step model that helps you to examine your products or services and how you communicate them to your market. Step one is to divide your market into segments. Step two is to target each segment with tailored marketing campaigns. Step three is to position your business and marketing in a way that will appeal the most to each segment.

    What’s an example of a successful market penetration strategy?
    There are several examples of companies using market penetration to grow their business. For the sake of this piece, let’s look at Dunkin’.
    Dunkin’ (formerly, Dunkin’ Donuts) was started in Quincy, MA back in the 1940s. Since then, Dunkin’ has become a globally-recognized brand. Dunkin’ has since grown substantially and opened stores in 46 countries — yet, the company’s most-loyal customers remain in New England. In fact, there are 12,500 Dunkin’s worldwide (9,000 of which are in the U.S.) In terms of market penetration, Dunkin’ continues to tap into their large and loyal market by opening and maintaining that large portion of their stores in New England.
    Check out the following map for example — Boston is a small city, and you can walk between almost all 10 of these Dunkin’ locations in just minutes.

    Image Source
    Dunkin’ knows where their customers are and that those customers want a Dunkin’ store every… well, city block.
    Not only has Dunkin’ successfully penetrated their market by opening and maintaining so many stores in New England, but they’ve also increased market penetration by making specific changes to their branding and menu.
    Most notably, they changed their name from Dunkin’ Donuts to Dunkin’. The company does 60% of their business in coffee and other drinks, so the “Donuts” aspect of their original name was arguably a bit misleading. The CEO of Dunkin’ said this move was important because the new name, “… speaks to the breadth of our offerings.”
    The brand name change also gives a signal to customers that there are a number of other menu items available, aside from donuts. In fact, the name change was paired with many menu additions, including healthier options as well as offerings for non-dairy and vegan customers including their Beyond Sausage and almond milk.
    All of these changes broadened Dunkin’s customer base and target audience by accommodating more people within the market they were already penetrating.
    Invest in Market Penetration to Grow Better
    We just covered several reasons why market penetration is so beneficial to your business’s long-term success. And as you’ve learned throughout this blog post, it’s a highly effective growth strategy that’s typically low-risk.
    There are many market penetration strategies to choose from, plan, and implement at your company, so pick the best option for your goals and get started.
    Editor’s note: This post was originally published in August 2020 and has been updated for comprehensiveness.

  • Everything You Need to Know about Brand Experience

    Online sales are reaching all-time highs as buyers become more comfortable with digital transactions — in 2021, for example, consumers spent a collective $14 billion online across Black Friday and Cyber Monday.
    For businesses, the shift to online-first purchasing offers substantive potential, but also underpins prospective problems: As the number of digital product offerings ramps up, competition for customer conversions is also on the rise.

    The result? A battlefield for brand experience. If companies can create a lasting positive impression among potential customers, they can drive sales and set the stage for long-term loyalty. But what exactly is brand experience? What does effective design require and what does it look like in practice? Most importantly, how do brands create experience strategies that deliver reliable results over time?

    While brand experience is similar to user experience, it encompasses a broader perception of your brand at large. Where user experience speaks to the takeaways — positive or negative — of a user when they interact with your website or social media profiles, brand experience refers to the impression of your brand as a whole. Not surprisingly, positive user experiences inform better brand experiences (and vice versa) but the two are distinct concepts.
    It’s also important to understand that brand experience is subjective. While it’s possible to create experiences that produce reactions along a generalized spectrum, individual users will have different reactions to your efforts. In practice, this means that no matter how carefully you curate brand experience efforts, there will always be customers who come away with a negative reaction. As a result, the goal isn’t to create a universal experience but rather to create one that resonates positively with the largest number of target customers.
    Breaking Down Brand Experience Design
    Just 39% of business decision-makers say their brand effectively resonates with prospective buyers. This is a problem: If customers don’t connect your brand with positive thoughts, feelings, and reactions, they’re less likely to remember your products and services when it comes time to make a purchase.
    Worth noting? Neutrality isn’t enough. While negative impressions of your brand can drive customers away from your site, neutral impressions are just as problematic — even if consumers see your brand listed in search engine results or advertised online, the absence of a positive brand impression means they won’t seek you out over companies that offer better connective messaging.
    So what does effective brand experience design look like? Four components are critical:

    Perception
    Perception forms a key part of the experience. This includes audio, visual, and tactical interactions that allow customers to connect a specific sense to advertising campaigns. In much the same way that particular smells can bring back memories of childhood experiences, brands that successfully merge senses with marketing can create connections that drive sales.
    Participation
    It’s also more likely that customers will walk away with a positive brand experience if they’re able to participate in some way rather than simply watch. This might include the ability to submit suggestions online or interact in real-time online question forums, or it could feature the use of physical installations that allow consumers to touch your product or provide direct feedback.
    Personalization
    Generic marketing campaigns can produce steady returns, but personalization can help encourage connection across different customer segments. By leveraging both user-provided data (with their consent) along with social media interactions and other engagement data, it’s possible to create more personalized efforts that help create connections between consumer needs and current product offerings.
    Prioritization
    Brand experience can’t be all things to all people. Attempts to capture every consumer in every circumstance actually undermine experience-driven efforts — as a result, it’s worth selecting specific brand metrics such as positive social mentions or repeat purchases to prioritize.
    Creating a Brand Experience Strategy
    So how do you build an effective brand experience strategy?
    First up is identifying areas where your current experience isn’t meeting customer expectations. Social media interactions and customer service calls can help pinpoint potential problems — if consistent concerns around brand interaction or reaction arise, this can help frame the foundation of brand experience strategy.
    Next is targeting an area for improvement. While there may be more than one aspect of brand experience that could use a refresh or redesign, attempting to do everything at once can spread strategy efforts too thin and deliver less-than-ideal results. For example, you might choose to increase positive social mentions across specific channels such as Facebook or Instagram. While the eventual goal could be a larger social impact from initial contact to eventual conversion, easily-accessible social platforms provide an ideal starting point.
    Effective measurement follows to ensure efforts are bearing fruit. In the case of our social media example above, this means tracking user views, reactions, and responses to social media posts along with the sentiment — positive, negative, or neutral — that goes along with them. This is also the time to explore and innovate by testing multiple strategies to see which one sticks. From video campaigns to personalized storytelling to marketing efforts all designed to elicit specific emotions, it’s worth finding that resonates with your customer base and then fine-tuning your efforts to deliver ideal outcomes.

    It’s one thing to talk about brand experience building, but it’s another to see it in action. Here’s a look at five brand experiences efforts that offer effective in-practice examples.
    1. Red Bull

    In 2012, the company went all-in on its tagline “Red Bull gives you wings by sending skydiver Alex Baumgartner 24 miles above the Earth’s surface to pull off the highest skydive ever recorded and become the first person to break the sound barrier during freefall.
    While his record was broken two years later by an executive from Google, it doesn’t change the fact that Red Bull did something no one had ever done before and created a unique brand experience that aligned with its core marketing message.
    2. Lean Cuisine

    While healthy eating has taken off in recent years, messaging around this effort is often the opposite. With a focus on weight loss instead of overall health, many brands find themselves reinforcing harmful stereotypes that equate weight loss with personal worth.
    Lean Cuisine’s #WeighThis campaign looked to change the narrative by placing “scales” around New York’s Grand Central Station that encouraged women to “weigh in”.
    The catch? These scales were actually boards that let women write down how they would prefer to be measured — such as by their own persistence, accomplishments or efforts.
    Even better? Lean Cuisine marketers were smart enough to stay out of the way. There were no samples on offer, no surveys to fill out; women simply saw the scales and interacted with them, in turn boosting Lean Cuisine’s overall brand experience.
    3. Dove

    Dove’s Campaign for Real Beauty took a similar approach to Lean Cuisine but opted for the use of viral video that highlighted beauty of all types — beauty that goes beyond photoshoots and photoshop. The campaign earned praise for both its authenticity and efforts to help boost self-esteem among young girls.
    By choosing emotional experience over a simple sales effort, Dove was able to better connect with its target customer base and boost overall customer loyalty.
    4. Cadbury India

    Cadbury India opted for consumer suggestions in creating their new chocolate bar flavor. Customers were encouraged to visit the company’s dedicated chocolate bar platform that let them select ingredients and create a recipe. Cadbury then tried all suggested recipes and selected the best of those submitted.
    By prioritizing interaction over simple reaction, Cadbury facilitated consumer connection and encouraged customers to view chocolate bar making as a collaborative effort rather than a corporate endeavor, in turn creating a community-based brand experience.
    5. WestJet

    Canadian commercial airline WestJet has been running its “Christmas Miracle” campaign since 2013. It’s 2021 version sees the company asking people what they miss the most during the holidays — not surprisingly, many mention absent family members. WestJet staff then provide plane tickets to help loved ones reconnect, and the end of the video features a tearful reunion in progress.
    Overall, it’s a feel-good experience designed to bring out emotions already close to the surface for many customers and in turn, boost the overall brand experience.
    Building a Better Brand Experience
    The right brand experience makes all the difference when it comes to cultivating long-term customer relationships. By understanding where current efforts don’t deliver, prioritizing areas for improvement and tracking engagement metrics over time, it’s possible to build a brand experience that boosts customer connection and encourages long-term loyalty.
    Editor’s note: This post was originally published in February 2016 and has been updated for comprehensiveness.

  • The Who, What, Why, & How of Digital Marketing

    With how accessible the internet is today, would you believe me if I told you the number of people who go online every day is still increasing?
    It is. In fact, “constant” internet usage among adults increased by 5% in just the last three years, according to Pew Research. And although we say it a lot, the way people shop and buy really has changed along with it — meaning offline marketing isn’t as effective as it used to be.

    Marketing has always been about connecting with your audience in the right place and at the right time. Today, that means you need to meet them where they are already spending time: on the internet.
    Enter digital marketing — in other words, any form of marketing that exists online.
    At HubSpot, we talk a lot about inbound marketing as a really effective way to attract, engage, and delight customers online. But we still get a lot of questions from people all around the world about digital marketing. So, we decided to answer them. Click the links below to jump to each question, or keep reading to see how digital marketing is carried out today.

    What is digital marketing?
    Why is digital marketing important?
    Types of Digital Marketing
    What does a digital marketer do?
    Inbound Marketing vs. Digital Marketing: Which is it?
    Does digital marketing work for all businesses?
    How to Do Digital Marketing
    Digital Marketing Examples

    So, how do you define digital marketing today?

    A seasoned inbound marketer might say inbound marketing and digital marketing are virtually the same thing, but there are some minor differences. And conversations with marketers and business owners in the U.S., U.K., Asia, Australia, and New Zealand, I’ve learned a lot about how those small differences are being observed across the world.

    How does a business define digital marketing?
    At this stage, digital marketing is vital for your business and brand awareness. It seems like every other brand has a website. And if they don’t, they at least have a social media presence or digital ad strategy. Digital content and marketing is so common that consumers now expect and rely on it as a way to learn about brands. Because digital marketing has so many options and strategies associated with it, you can get creative and experiment with a variety of marketing tactics on a budget.
    Digital marketing is defined by the use of numerous digital tactics and channels to connect with customers where they spend much of their time: online. The best digital marketers have a clear picture of how each digital marketing campaign supports their overarching goals. And depending on the goals of their marketing strategy, marketers can support a larger campaign through the free and paid channels at their disposal.

    A content marketer, for example, can create a series of blog posts that generate leads from a new ebook the business recently created. The company’s social media marketer might then help promote these blog posts through paid and organic posts on the business’s social media accounts. Perhaps the email marketer creates an email campaign to send those who download the ebook more information on the company. We’ll talk more about these specific digital marketers in a minute.

    There are a few major benefits of digital marketing: 

    You can focus your efforts on only the prospects most likely to purchase your product or service.
    It’s more cost-effective than outbound marketing methods.
    Digital marketing evens the playing field within your industry and allows you to compete with bigger brands.
    Digital marketing is measurable.
    It’s easier to adapt and change a digital marketing strategy.
    Digital marketing can improve your conversion rate and the quality of your leads.
    You can engage audiences at every stage with digital marketing.

    Let’s dive into them now.
    1. You can focus your efforts on only the prospects most likely to purchase your product or service.
    If you place an advertisement on TV, in a magazine, or on a billboard, you have limited control over who sees the ad. Of course, you can measure certain demographics — including the magazine’s typical readership, or the demographic of a certain neighborhood — but it’s still largely a shot in the dark.
    Digital marketing, on the other hand, allows you to identify and target a highly-specific audience, and send that audience personalized, high-converting marketing messages.
    For instance, you might take advantage of social media’s targeting features to show social media ads to a certain audience based on variables such as age, gender, location, interests, networks, or behaviors. Alternatively, you might use PPC or SEO strategies to serve ads to users who’ve shown interest in your product or service, or who’ve searched for specific keywords that relate to your industry.
    Ultimately, digital marketing enables you to conduct the research necessary to identify your buyer persona, and lets you refine your marketing strategy over time to ensure you’re reaching prospects most likely to buy. Best of all, digital marketing helps you market to sub-groups within your larger target audience. If you sell multiple products or services to different buyer personas, this is especially helpful.
    2. It’s more cost-effective than outbound marketing methods.
    Digital marketing enables you to track campaigns on a daily basis and decrease the amount of money you’re spending on a certain channel if it isn’t demonstrating high ROI. The same can’t be said for traditional forms of advertising. It doesn’t matter how your billboard performs — it still costs the same, whether or not it converts for you.
    Plus, with digital marketing, you have complete control over where you choose to spend your money. Perhaps rather than paying for PPC campaigns, you choose to spend money on design software to create high-converting Instagram content. A digital marketing strategy allows you to continuously pivot, ensuring you’re never wasting money on channels that don’t perform well.

    By and large, digital marketing is a more cost-effective solution, and provides you unique opportunities to ensure you’re getting the most bang for your buck.

    For instance, if you work for a small business with a limited budget, you might try investing in social media, blogging, or SEO – three strategies that can give you high ROI even with minimal spend.
    3. Digital marketing evens the playing field within your industry and allows you to compete with bigger brands.
    If you work for a small business, it’s likely difficult for you to compete with the major brands in your industry, many of which have millions of dollars to invest in television commercials or nationwide campaigns. Fortunately, there are plenty of opportunities to outrank the big players through strategic digital marketing initiatives.
    For instance, you might identify certain long-tail keywords that relate to your product or service, and create high-quality content to help you rank on search engines for those keywords. Search engines don’t care which brand is biggest — instead, search engines will prioritize content that resonates best with the target audience.
    4. Digital marketing is measurable.
    Digital marketing can give you a comprehensive, start-to-finish view of all the metrics that might matter to your company — including impressions, shares, views, clicks, and time on page. This is one of the biggest benefits of digital marketing. While traditional advertising can be useful for certain goals, its biggest limitation is measurability.
    Unlike most offline marketing efforts, digital marketing allows marketers to see accurate results in real time. If you’ve ever put an advertisement in a newspaper, you’ll know how difficult it is to estimate how many people actually flipped to that page and paid attention to your ad. There’s no surefire way to know if that ad was responsible for any sales at all.
    On the other hand, with digital marketing, you can measure the ROI of pretty much any aspect of your marketing efforts.
    Here are some examples:
    Website Traffic
    With digital marketing, you can see the exact number of people who have viewed your website’s homepage in real time by using digital analytics software, available in marketing platforms like HubSpot.
    You can also see how many pages they visited, what device they were using, and where they came from, amongst other digital analytics data.
    This intelligence helps you to prioritize which marketing channels to spend more or less time on, based on the number of people those channels are driving to your website. For example, if only 10% of your traffic is coming from organic search, you know that you probably need to spend some time on SEO to increase that percentage.
    With offline marketing, it’s very difficult to tell how people are interacting with your brand before they have an interaction with a salesperson or make a purchase. With digital marketing, you can identify trends and patterns in people’s behavior before they’ve reached the final stage in their buyer’s journey, meaning you can make more informed decisions about how to attract them to your website right at the top of the marketing funnel.
    Content Performance and Lead Generation
    Imagine you’ve created a product brochure and posted it through people’s letterboxes — that brochure is a form of content, albeit offline. The problem is that you have no idea how many people opened your brochure or how many people threw it straight into the trash.
    Now imagine you had that brochure on your website instead. You can measure exactly how many people viewed the page where it’s hosted, and you can collect the contact details of those who download it by using forms. Not only can you measure how many people are engaging with your content, but you’re also generating qualified leads when people download it.
    Attribution Modeling
    An effective digital marketing strategy combined with the right tools and technologies allows you to trace all of your sales back to a customer’s first digital touchpoint with your business.
    We call this attribution modeling, and it allows you to identify trends in the way people research and buy your product, helping you to make more informed decisions about what parts of your marketing strategy deserve more attention, and what parts of your sales cycle need refining.

    Connecting the dots between marketing and sales is hugely important — according to Aberdeen Group, companies with strong sales and marketing alignment achieve a 20% annual growth rate, compared to a 4% decline in revenue for companies with poor alignment. If you can improve your customer’s journey through the buying cycle by using digital technologies, then it’s likely to reflect positively on your business’s bottom line.
    5. It’s easier to adapt and change a digital marketing strategy.
    A lot of work goes into developing a marketing strategy. Generally, you will follow through with that strategy until completion, allow it to take effect, and then judge its results. However, things do not always go according to plan. You may realize halfway through that a calculation was off, an assumption was incorrect, or an audience did not react how they were expected to. Being able to pivot or adjust the strategy along the way is highly beneficial because it prevents you from having to start over completely.
    Being able to change your strategy easily is a great benefit of digital marketing. Adapting a digital marketing strategy is a lot easier than other more traditional forms of marketing, like mailers or billboard advertising. For instance, if an online ad isn’t delivering as expected, you can quickly adjust it or pause it to yield better results.
    6. Digital marketing can improve your conversion rate and the quality of your leads.
    As digital marketing makes it simpler to measure your marketing efforts, this makes improving your conversion rate simpler as well. Being able to measure the effectiveness of each tactic helps you develop better strategies. Continuously refining your methods improves your conversion rate. Investing in online marketing ensures that everything is optimized for the highest amount of conversions.
    Additionally, all leads do not offer the same value for your business. Digital marketing provides an opportunity for you to target a specific audience that will yield higher quality leads that are more likely to become customers. Connecting your business with the most valuable leads will directly improve your conversion rate.
    7. You can engage audiences at every stage with digital marketing.
    It’s essential to begin engaging your audience as early as possible. Making a connection at the first stage of the buyer’s journey helps push the lead through the customer funnel. Using digital marketing allows you to accomplish that from start to finish and at every point in between.
    Online channels allow you to follow the entire buying journey of your customers. Understanding and analyzing how customers are moving and operating is important for converting leads. Digital marketing allows you to track them through that process. And, even if they don’t convert in the early stages, it at least helps ensure they have made a connection with your business.

    Here’s a quick rundown of some of the most common digital marketing tactics and the channels involved in each one.
    1. Search Engine Optimization (SEO)
    This is the process of optimizing your website to “rank” higher in search engine results pages, thereby increasing the amount of organic (or free) traffic your website receives. The channels that benefit from SEO include websites, blogs, and infographics.
    There are a number of ways to approach SEO in order to generate qualified traffic to your website. These include:

    On page SEO: This type of SEO focuses on all of the content that exists “on the page” when looking at a website. By researching keywords for their search volume and intent (or meaning), you can answer questions for readers and rank higher on the search engine results pages (SERPs) those questions produce.

    Off page SEO: This type of SEO focuses on all of the activity that takes place “off the page” when looking to optimize your website. “What activity not on my own website could affect my ranking?” You might ask. The answer is inbound links, also known as backlinks. The number of publishers that link to you, and the relative “authority” of those publishers, affect how highly you rank for the keywords you care about. By networking with other publishers, writing guest posts on these websites (and linking back to your website), and generating external attention, you can earn the backlinks you need to move your website up on all the right SERPs.

    Technical SEO: This type of SEO focuses on the backend of your website, and how your pages are coded. Image compression, structured data, and CSS file optimization are all forms of technical SEO that can increase your website’s loading speed — an important ranking factor in the eyes of search engines like Google.

    For a real-life example on how to successfully implement SEO into your digital marketing strategy, check out our case study on Canva here:

    2. Content Marketing
    This term denotes the creation and promotion of content assets for the purpose of generating brand awareness, traffic growth, lead generation, and customers.
    Want to learn and apply content marketing to your business? Check out HubSpot Academy’s free content marketing training resource page.
    The channels that can play a part in your content marketing strategy include:

    Blog posts: Writing and publishing articles on a company blog helps you demonstrate your industry expertise and generates organic search traffic for your business. This ultimately gives you more opportunities to convert website visitors into leads for your sales team.

    Ebooks and whitepapers: Ebooks, whitepapers, and similar long-form content helps further educate website visitors. It also allows you to exchange content for a reader’s contact information, generating leads for your company and moving people through the buyer’s journey.

    Infographics: Sometimes, readers want you to show, not tell. Infographics are a form of visual content that helps website visitors visualize a concept you want to help them learn.

    Audio or visual content: Television and radio are popular channels for digital marketing. Creating content that can be shared online as a video or heard on the radio by listeners can greatly broaden your potential audience.

    Stumped? Download 150+ content creation templates by clicking below: 

    3. Social Media Marketing
    This practice promotes your brand and your content on social media channels to increase brand awareness, drive traffic, and generate leads for your business.
    If you’re new to social platforms, you can use tools like HubSpot to connect channels like LinkedIn and Facebook in one place. This way, you can easily schedule content for multiple channels at once, and monitor analytics from the platform as well.
    On top of connecting social accounts for posting purposes, you can also integrate your social media inboxes into HubSpot, so you can get your direct messages in one place.
    The channels you can use in social media marketing include:

    Facebook
    Twitter
    LinkedIn
    Instagram
    Snapchat
    Pinterest

    Many marketers will use these social media platforms to create a viral campaign. Partnering with a popular content creator or taking part in a trend that’s currently resonating with a wide audience is a strategy of viral marketing. The purpose is to create something shareworthy in the hopes that it will organically spread across a social media channel.
    Don’t know how to get started with social media marketing? Download our free social media content calendar to get your social strategy up and running.

    4. Pay Per Click (PPC)
    PPC is a method of driving traffic to your website by paying a publisher every time your ad is clicked. One of the most common types of PPC is Google Ads, which allows you to pay for top slots on Google’s search engine results pages at a price “per click” of the links you place. Other channels where you can use PPC include:

    Paid ads on Facebook: Here, users can pay to customize a video, image post, or slideshow, which Facebook will publish to the news feeds of people who match your business’s audience.

    Twitter Ads campaigns: Here, users can pay to place a series of posts or profile badges to the news feeds of a specific audience, all dedicated to accomplish a specific goal for your business. This goal can be website traffic, more Twitter followers, tweet engagement, or even app downloads.

    Sponsored Messages on LinkedIn: Here, users can pay to send messages directly to specific LinkedIn users based on their industry and background.

    PPC can be hard to grasp at first, so we’ve created a beginner-friendly guide to get you started. Download it below: 

    5. Affiliate Marketing
    This is a type of performance-based advertising where you receive commission for promoting someone else’s products or services on your website. Affiliate marketing channels include:

    Hosting video ads through the YouTube Partner Program.
    Posting affiliate links from your social media accounts.
    This is part of the relatively new wave of
    influencer marketing. Creating a campaign with the use of influencers can be a highly effective form of affiliate marketing. Finding the right content creators can take your digital campaign to the next level.
    6. Native Advertising
    Native advertising refers to advertisements that are primarily content-led and featured on a platform alongside other, non-paid content. BuzzFeed-sponsored posts are a good example, but many people also consider social media advertising to be “native” — Facebook advertising and Instagram advertising, for example.
    7. Marketing Automation
    Marketing automation refers to the software that serves to automate your basic marketing operations. Many marketing departments can automate repetitive tasks they would otherwise do manually, such as:

    Email newsletters: Email automation doesn’t just allow you to automatically send emails to your subscribers. It can also help you shrink and expand your contact list as needed so your newsletters are only going to the people who want to see them in their inboxes.

    Social media post scheduling: If you want to grow your organization’s presence on a social network, you need to post frequently. This makes manual posting a bit of an unruly process. Social media scheduling tools push your content to your social media channels for you, so you can spend more time focusing on content strategy.

    Lead-nurturing workflows: Generating leads, and converting those leads into customers, can be a long process.You can automate that process by sending leads specific emails and content once they fit certain criteria, such as when they download and open an ebook.

    Campaign tracking and reporting:Marketing campaigns can include a ton of different people, emails, content, webpages, phone calls, and more. Marketing automation can help you sort everything you work on by the campaign it’s serving, and then track the performance of that campaign based on the progress all of these components make over time.

    8. Email Marketing
    Companies use email marketing as a way of communicating with their audiences. Email is often used to promote content, discounts and events, as well as to direct people toward the business’s website. The types of emails you might send in an email marketing campaign include:

    Blog subscription newsletters.
    Follow-up emails to website visitors who downloaded something.
    Customer welcome emails.
    Holiday promotions to loyalty program members.
    Tips or similar series emails for customer nurturing.

    Learn more about email marketing with our free guide: 

    9. Online PR
    Online PR is the practice of securing earned online coverage with digital publications, blogs, and other content-based websites. It’s much like traditional PR, but in the online space. The channels you can use to maximize your PR efforts include:

    Reporter outreach via social media: Talking to journalists on Twitter, for example, is a great way to develop a relationship with the press that produces earned media opportunities for your company.

    Engaging online reviews of your company: When someone reviews your company online, whether that review is good or bad, your instinct might be not to touch it. On the contrary, engaging company reviews helps you humanize your brand and deliver powerful messaging that protects your reputation.

    Engaging comments on your personal website or blog: Similar to the way you’d respond to reviews of your company, responding to the people who are reading your content is the best way to generate productive conversation around your industry.

    If you don’t have a dedicated PR team, it can be hard to get started. Luckily, we’ve got you covered. Download our free PR kit below: 

    10. Inbound Marketing
    Inbound marketing refers to a marketing methodology wherein you attract, engage, and delight customers at every stage of the buyer’s journey. You can use every digital marketing tactic listed above, throughout an inbound marketing strategy, to create a customer experience that works with the customer, not against them. Here are some classic examples of inbound marketing versus traditional marketing:

    Blogging vs. pop-up ads
    Video marketing vs. commercial advertising
    Email contact lists vs. email spam

    11. Sponsored Content
    With sponsored content, you as a brand pay another company or entity to create and promote content that discusses your brand or service in some way.
    One popular type of sponsored content is influencer marketing. With this type of sponsored content, a brand sponsors an influencer in its industry to publish posts or videos related to the company on social media.
    Another type of sponsored content could be a blog post or article that is written to highlight a topic, service, or brand.
    12. Search Engine Marketing (SEM)
    When a potential lead is searching for a product or business that is related to yours, it’s a great opportunity for a promotion. Paid advertising and SEO are two great strategies for promoting your business to capitalize on those future leads. Search engine marketing is another way to increase website traffic by placing paid ads on search engines. The two most popular SEM services are Bing Ads and Google Ads. These paid ads fit seamlessly on the top of search engine results pages, giving instant visibility. This is also an example of effective native advertising.
    13. Instant Messaging Marketing
    Marketing your products through messaging platforms is a fast way to reach potential leads, even for those who haven’t offered up their cell phone number. It’s a simple way to let your audience know about flash sales, new products, or updates about their orders. If your customers have questions or need more information, it’s also a convenient way for them to connect to customer service. You can choose to send messages directly to a mobile phone by text or through messages on platforms like Facebook Messenger or WhatsApp.

    The digital marketer usually focuses on a different key performance indicator (KPI) for each channel so they can properly measure the company’s performance across each one. A digital marketer who’s in charge of SEO, for example, measures their website’s “organic traffic.” In small companies, one generalist might own many of the digital marketing tactics described above at the same time. In larger companies, these tactics have multiple specialists that each focus on just one or two of the brand’s digital channels.
    Here are some examples of these specialists:
    SEO Manager
    Main KPIs: Organic traffic
    In short, SEO managers get the business to rank on Google. Using a variety of approaches to search engine optimization, this person might work directly with content creators to ensure the content they produce performs well on Google — even if the company also posts this content on social media.
    Content Marketing Specialist
    Main KPIs: Time on page, overall blog traffic, YouTube channel subscribers
    Content marketing specialists are the digital content creators. They frequently keep track of the company’s blogging calendar, and come up with a content strategy that includes video as well. These professionals often work with people in other departments to ensure the products and campaigns the business launches are supported with promotional content on each digital channel.
    Social Media Manager
    Main KPIs: Follows, Impressions, Shares
    The role of a social media manager is easy to infer from the title, but which social networks they manage for the company depends on the industry. Above all, social media managers establish a posting schedule for the company’s written and visual content. This employee might also work with the content marketing specialist to develop a strategy for which content to post on which social network.
    (Note: Per the KPIs above, “impressions” refers to the number of times a business’s posts appear on the newsfeed of a user.)
    Marketing Automation Coordinator
    Main KPIs: Email open rate, campaign click-through rate, lead-generation (conversion) rate
    The marketing automation coordinator helps choose and manage the software that allows the whole marketing team to understand their customers’ behavior and measure the growth of their business. Because many of the marketing operations described above might be executed separately from one another, it’s important for there to be someone who can group these digital activities into individual campaigns and track each campaign’s performance.

    Inbound Marketing vs. Digital Marketing: Which Is It?
    Inbound marketing is a methodology that uses digital marketing assets to attract, engage, and delight customers online. Digital marketing, on the other hand, is simply an umbrella term to describe online marketing tactics of any kind, regardless of whether they’re considered inbound or outbound.
    Digital marketing is often compared to inbound marketing, but it doesn’t differentiate between ‘inbound’ and ‘outbound’ methods. It’s more of an umbrella term for all marketing that involves digital communication, while inbound marketing is more of a strategy.
    Digital outbound tactics aim to put a marketing message in front of as many people as possible in the online space — regardless of whether it’s relevant or welcomed. For example, the garish banner ads you see at the top of many websites try to push a product or promotion onto people who aren’t necessarily ready to receive it.
    On the other hand, marketers who employ digital inbound tactics use online content to attract their target customers onto their websites by providing assets that are helpful to them. One of the simplest yet most powerful inbound digital marketing assets is a blog, which allows your website to capitalize on the terms which your ideal customers are searching for.

    Does digital marketing work for all businesses?
    Digital marketing can work for any business in any industry. Regardless of what your company sells, digital marketing still involves building out buyer personas to identify your audience’s needs, and creating valuable online content. However, that’s not to say all businesses should implement a digital marketing strategy in the same way.
    B2B Digital Marketing
    If your company is business-to-business (B2B), your digital marketing efforts are likely to be centered around online lead generation, with the end goal being for someone to speak to a salesperson. For that reason, the role of your marketing strategy is to attract and convert the highest quality leads for your salespeople via your website and supporting digital channels.
    Beyond your website, you’ll probably choose to focus your efforts on business-focused channels like LinkedIn where your demographic is spending their time online.
    B2C Digital Marketing
    If your company is business-to-consumer (B2C), depending on the price point of your products, it’s likely that the goal of your digital marketing efforts is to attract people to your website and have them become customers without ever needing to speak to a salesperson.
    For that reason, you’re probably less likely to focus on ‘leads’ in their traditional sense, and more likely to focus on building an accelerated buyer’s journey, from the moment someone lands on your website, to the moment that they make a purchase. This will often mean your product features in your content higher up in the marketing funnel than it might for a B2B business, and you might need to use stronger calls-to-action (CTAs).
    For B2C companies, channels like Instagram and Pinterest can often be more valuable than business-focused platforms like LinkedIn.

    What types of digital content should I create?
    The kind of content you create depends on your audience’s needs at different stages in the buyer’s journey. You should start by creating buyer personas (use these free templates, or try makemypersona.com) to identify what your audience’s goals and challenges are in relation to your business. On a basic level, your online content should aim to help them meet these goals, and overcome their challenges.
    Then, you’ll need to think about when they’re most likely to be ready to consume this content in relation to what stage they’re at in their buyer’s journey. We call this content mapping.
    With content mapping, the goal is to target content according to:

    The characteristics of the person who will be consuming it (that’s where buyer personas come in).
    How close that person is to making a purchase (i.e., their lifecycle stage).

    In terms of the format of your content, there are a lot of different things to try. Here are some options we’d recommend using at each stage of the buyer’s journey:
    Awareness Stage

    Blog posts. Great for increasing your organic traffic when paired with a strong SEO and keyword strategy.

    Infographics. Very shareable, meaning they increase your chances of being found via social media when others share your content. (Check out these free infographic templates to get you started.)

    Short videos. Again, these are very shareable and can help your brand get found by new audiences by hosting them on platforms like YouTube.

    Consideration Stage

    Ebooks. Great for lead generation as they’re generally more comprehensive than a blog post or infographic, meaning someone is more likely to exchange their contact information to receive it.

    Research reports. Again, this is a high value content piece which is great for lead generation. Research reports and new data for your industry can also work for the awareness stage though, as they’re often picked-up by the media or industry press.

    Webinars. As they’re a more detailed, interactive form of video content, webinars are an effective consideration stage content format as they offer more comprehensive content than a blog post or short video.

    Decision Stage

    Case studies. Having detailed case studies on your website can be an effective form of content for those who are ready to make a purchasing decision, as it helps you positively influence their decision.

    Testimonials. If case studies aren’t a good fit for your business, having short testimonials around your website is a good alternative. For B2C brands, think of testimonials a little more loosely. If you’re a clothing brand, these might take the form of photos of how other people styled a shirt or dress, pulled from a branded hashtag where people can contribute.

    1. Define your goals.
    When you’re first getting started with digital marketing, it’s critical you start by identifying and defining your goals, since you’ll craft your strategy differently depending on those goals. For instance, if your goal is to increase brand awareness, you might want to pay more attention to reaching new audiences via social media.
    Alternatively, perhaps you want to increase sales on a specific product — if that’s the case, it’s more important you focus on SEO and optimizing content to get potential buyers on your website in the first place. Additionally, if sales is your goal, you might test out PPC campaigns to drive traffic through paid ads.
    Whatever the case, it’s easiest to shape a digital marketing strategy after you’ve determined your company’s biggest goals.
    2. Identify your target audience.
    We’ve mentioned this before, but one of the biggest benefits of digital marketing is the opportunity to target specific audiences – however, you can’t take advantage of that benefit if you haven’t first identified your target audience.
    Of course, it’s important to note, your target audience might vary depending on the channel or goal(s) you have for a specific product or campaign.
    For instance, perhaps you’ve noticed most of your Instagram audience is younger and prefers funny memes and quick videos — but your LinkedIn audience tends to be older professionals who are looking for more tactical advice. You’ll want to vary your content to appeal to these different target audiences.
    If you’re starting from scratch, feel free to take a look at How to Find Your Target Audience.
    3. Establish a budget for each digital channel.
    As with anything, the budget you determine really depends on what elements of digital marketing you’re looking to add to your strategy.
    If you’re focusing on inbound techniques like SEO, social media, and content creation for a preexisting website, the good news is you don’t need very much budget at all. With inbound marketing, the main focus is on creating high quality content that your audience will want to consume, which unless you’re planning to outsource the work, the only investment you’ll need is your time.
    You can get started by hosting a website and creating content using HubSpot’s CMS. For those on a tight budget, you can get started using WordPress hosted on WP Engine, using a simple them from StudioPress, and building your site without code using the Elementor Website Builder for WordPress.
    With outbound techniques like online advertising and purchasing email lists, there is undoubtedly some expense. What it costs comes down to what kind of visibility you want to receive as a result of the advertising.
    For example, to implement PPC using Google AdWords, you’ll bid against other companies in your industry to appear at the top of Google’s search results for keywords associated with your business. Depending on the competitiveness of the keyword, this can be reasonably affordable, or extremely expensive, which is why it’s a good idea to focus building your organic reach, too.
    4. Strike a good balance between paid and free digital strategies.
    A digital marketing strategy likely needs both paid and free aspects to truly be effective.
    For instance, if you spend time building comprehensive buyer personas to identify the needs of your audience, and you focus on creating quality online content to attract and convert them, then you’re likely to see strong results within the first six months despite minimal ad spend.
    However, if paid advertising is part of your digital strategy, then the results might come even quicker.
    Ultimately, it’s recommended to focus on building your organic (or ‘free’) reach using content, SEO, and social media for more long-term, sustainable success.
    When in doubt, try both, and iterate on your process as you learn which channels — paid or free – perform best for your brand.
    5. Create engaging content.
    Once you know your audience and you have a budget, it’s time to start creating content for the various channels you’re going to use. This content can be social media posts, blog posts, PPC ads, sponsored content, email marketing newsletters, and more.
    Of course, any content you create should be interesting and engaging to your audience because the point of marketing content is to increase brand awareness and improve lead generation.
    6. Optimize your digital assets for mobile.
    Another key component of digital marketing is mobile marketing. In fact, smartphone usage as a whole accounts for 69% of time spent consuming digital media in the U.S., while desktop-based digital media consumption makes up less than half — and the U.S. still isn’t mobile’s biggest fan compared to other countries.
    This means it’s essential to optimize your digital ads, web pages, social media images, and other digital assets for mobile devices. If your company has a mobile app that enables users to engage with your brand or shop your products, your app falls under the digital marketing umbrella, too.
    Those engaging with your company online via mobile devices need to have the same positive experience as they would on desktop. This means implementing a mobile-friendly or responsive website design to make browsing user-friendly for those on mobile devices. It might also mean reducing the length of your lead generation forms to create a hassle-free experience for people downloading your content on-the-go. As for your social media images, it’s important to always have a mobile user in mind when creating them, as image dimensions are smaller on mobile devices and text can be cut-off.
    There are lots of ways you can optimize your digital marketing assets for mobile users, and when implementing any digital marketing strategy, it’s hugely important to consider how the experience will translate on mobile devices. By ensuring this is always front-of-mind, you’ll be creating digital experiences that work for your audience, and consequently achieve the results you’re hoping for.
    7. Conduct keyword research.
    Digital marketing is all about reaching targeted audiences through personalized content — all of which can’t happen without effective keyword research.
    Conducting keyword research is critical for optimizing your website and content for SEO and ensuring people can find your business through search engines. Additionally, social media keyword research can be helpful for marketing your products or services on various social channels, as well.
    Even if you don’t have a full-time SEO strategist, you’ll still want to conduct keyword research. Try creating a list of high-performing keywords that relate to your products or services, and consider long-tail variations for added opportunities.
    8. Iterate based on the analytics you measure.
    Finally, to create an effective digital marketing strategy for the long-term, it’s vital your team learn how to pivot based on analytics.
    For instance, perhaps after a couple of months you find your audience isn’t as interested in your content on Instagram anymore — but they love what you’re creating on Twitter. Sure, this might be an opportunity to re-examine your Instagram strategy as a whole, but it might also be a sign that your audience prefers a different channel to consume branded content.
    Alternatively, perhaps you find an older web page isn’t getting the traffic it used to. You might consider updating the page or getting rid of it entirely to ensure visitors are finding the freshest, most relevant content for their needs.
    Digital marketing provides businesses with incredibly flexible opportunities for continuous growth — but it’s up to you to take advantage of them.

    I’m ready to try digital marketing. Now what?
    If you’re already doing digital marketing, it’s likely that you’re at least reaching some segments of your audience online. No doubt you can think of some areas of your strategy that could use a little improvement, though.
    That’s why we created a step-by-step guide to help you build a digital marketing strategy that’s truly effective, whether you’re a complete beginner or have a little more experience.
    Next, let’s look at some examples of digital marketing that will be sure to inspire you.

    1. Lego’s Rebuild the World Campaign

    Image Source
    This is a great example of a digital marketing campaign because it says something about the brand. In this campaign, Lego takes a stance on important global issues as a way to connect with its audience.
    In this day and age, it’s becoming increasingly important for companies to discuss global issues and show alignment with their customers in that way. The major play with this campaign is to help share the brand’s story and messaging.
    Given that 89% of customers shop from brands that share their values, this was a good move for the toy brand.
    2. Dove’s Reverse Selfie Campaign

    Image Source
    As we continue to learn how social media is affecting children, especially young girls, Dove decided to send a message. The Reverse Selfie campaign shows the reverse of what a teen girl did to prepare for a selfie and photoshop the picture. The purpose is to increase awareness of how social media can negatively impact self-esteem.
    This is an excellent example of what marketing content can look like when you know your audience intimately. By knowing its audience of real women, many of them parents, Dove was able to bring light to an often overlooked consequence of the growth of social media.
    3. Jennifer Lopez’s #InTheMorningChallenge

    Image Source
    In this social media campaign, Jennifer Lopez created a dance challenge to promote her new song. With this challenge, fans would do the same dance in their pajamas and in dress up clothes.
    This was a successful social media campaign as the video had over 13 million views and over 5,000 posts.
    Using social media is a great way to engage your audience and get them to participate with your brand one on one.
    4. Always’ #DayoftheGirl Campaign

    Image Source
    This is another digital campaign that focuses on emotional marketing. With this campaign, Always asked their own employees what tips they would give to girls. The women offer their valuable insight in a way meant to inspire everyone for International Day of the Girl, an international holiday that occurs annually in October.
    Again, this isn’t a campaign where the product is mentioned much, but that isn’t the point. The point of this digital campaign was to inspire its audience. With that message, they could reach even more people, increase brand awareness, and show their audience that the brand aligns with their values.
    Integrate Digital Marketing Into Your Strategy
    Any opportunity where you can connect to your audience is an opportunity to convert a lead or acquire a customer. Digital marketing creates so many more of those opportunities by allowing you to reach prospective buyers through a wide variety of channels. Whether it’s social media platforms, websites, text messages, or any online medium, it’s an invaluable way to promote your business, service, or product.
    Editor’s Note: This blog post was originally published in September 2019, but was updated for comprehensiveness.

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