Types Of Marketing
Now, comes the promotion part, there are two ways for promotions, first one is digital marketing, and the second is traditional marketing
Which way of promoting you will use to market your product- traditional marketing or digital marketing?
Do you know the differences between the two of them?
Difference between Traditional Marketing(TM) & Digital Marketing (DM)
Traditional Marketing
- TM is the oldest form of marketing. It is also called “offline marketing”, it doesn’t use the internet.
- It is an outbound type of marketing.
- TM is scheduled for the long term.
- This type of marketing campaign is static.
- In TM communication is unidirectional, the consumer and the provider can’t communicate with each other in real time.
- The tracking of this marketing is offline.
- In offline marketing, the budget is high.
- Examples: – Paper ads, Pamphlets, etc.
Digital Marketing (DM)
- DM is also called “online marketing”.
- We use the internet for this and this is the newest and most popular form of marketing.
- It is an inbound type of marketing.
- DM is scheduled for the short term.
- In DM, campaigns are dynamic and can be changed at any time we need.
- DM is bidirectional. Consumers and providers can communicate with each other in real-time and can share ideas.
- DM provides real-time analytics.
- The DM budget is very low in comparison to TM
- Examples: – Social media ads like FB, Twitter, LinkedIn, etc.
Now you know that DM is far more profitable than TM.
We can get more profit and leads in no time and with less cost with DM.
DM is the combination of two words, one is digital, and the second is marketing.
Marketing means promotion & digital means via digital media.
So, in one phrase it is the promotion of products or services via digital media.
In this, we generate leads and these leads are generated through marketing funnels.
Let’s try to understand what a marketing funnel is and how this funnel helps us convert leads into transactions.
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