Type of business does not matter at all, what all matters is the way you run your business. Product or service quality, marketing techniques, and proper execution, combining all this will turn into a profitable business. One way you could make some drastic improvements is by focusing on your marketing strategies. As these are the only way by which you can boom your brand as well as product awareness. Now it comes to the type of marketing which one should opt for, either online or offline? Here in this blog, we would try to solve this problem of yours. We will discuss certain points on online marketing vs offline marketing and their differences and comparisons.
In India, it seems like small businesses generally do not opt for online marketing. There could be many reasons like lack of knowledge, not want to take risks. They treat it as a very complicated process. They think traditional marketing is the wisest approach when it comes to boosting brand awareness and offering their products and services. While the reality is not the same. Online marketing is not only an effective tool but a profitable and smart way to expand your business.
ONLINE MARKETING– Online Marketing is the practice of leveraging web-based channels to spread a message about a company’s brand, products, or services to its potential customers. The methods and techniques used for online marketing include email, social media, display advertising, search engine optimization, Google AdWords and more.
OFFLINE MARKETING– Offline marketing is an old school advertising strategy that is published and released, in its entirety, outside of the internet. Offline marketing can be implemented over a multitude of different media. Which includes radio, television, banners, print media, and more. Even though online marketing is increasing at a rapid rate. Offline marketing is still preferred by most small businesses.
Online Marketing gives you the freedom to target a specific audience. Online marketing platforms like Facebook, Instagram, and Google let you select your type of audience who is truly interested in your services and product. You can even select a specific area in which you want to develop your brand. In this way, the running ad will reach the required audience. One can also set ads to run in a specific period of time. Hence the money which you are investing in ads will give you a better return on investment.
Offline Marketing doesn’t let you target a much specific audience. The ad will appear to every person irrespective of his interest. This includes ads running through newspapers, magazines, on vehicles, etc. They even don’t last for a long time. If one wants to run an ad for a longer period of time then it would cost very high as compared to the online ads. Hence the results will not be satisfying.
Online tools like Google Analytics help you to analyze website visitors. It provides valuable insights that can help you shape the success strategy of your business. Other tools like Google AdWords can show you the direct impact of an online marketing strategy on your ad visibility. Even you can calculate an exact ROI and measure the effectiveness of your strategy.
This is not that easy in the case of offline marketing. Although there is not really an effective way to measure conversion or the overall result of your ad. It is almost impossible to track the audience who has shown interest in our product or services. The only thing you can provide is a phone number. And nowadays one hardly likes to make a call.
There is no doubt that online marketing is way much cheaper than offline marketing. It’s easier for new brands with small budgets to reach their target audience especially as some methods, such as social media, can be completely free to use. So, if someone is starting or running a startup then online marketing is the best way out to make awareness of your brand. As it is affordable yet more effective.
One has to invest more in offline marketing. It includes more expenses like manufacturing cost, labour cost, etc. If we want to extend the time period of the same ad then we have to pay a high amount.
When comparing the online marketing techniques with offline marketing. There is no doubt that online marketing is way better than offline marketing. In terms of affordability, targeting, and effectiveness. But Online marketing also is more targeted, easier to measure, and returns more on investment than traditional offline marketing.
It totally depends upon a specific business that whether it opt online marketing or offline marketing. But in today’s digital era every business should have its own website. It is the demand of the growing market. Businesses that do not have any online presence are going to suffer a lot.
Online marketing is not just making brand awareness and sales conversion. It is the way that will take your business to a whole next level. The need is just to understand the need and executing accordingly.
Its your Vision and our skills and Techniques to get your business to the level it truly Deserves – The Sky.