How to Create a Successful Digital Marketing Strategy (With Examples)
By Neil Patel
Many brands are just chasing the latest digital marketing trend. When social media platform X becomes popular, they’re posting on it.
For every overnight success in the digital marketing world, there are dozens of brands quietly building robust, data-rich marketing digital marketing strategies. Committing to the process of growth demands intention and consistent focus.
You don’t just want to succeed this month or this year. You want to succeed indefinitely. That’s why today we’re going to take a look at how you can build a digital marketing strategy that promotes long-term, consistent growth.
Why Should You Have a Digital Marketing Strategy?
Having a well-defined digital marketing strategy provides you with some immediate perks. Right off the bat, it provides you with a certain degree of protection. Proper planning ensures that brands are spending resources wisely.
Wasting time and money on marketing campaigns is a common brand fear, but lacking critical information about your marketing intentions and decision-making process can be an absolute nightmare.
When you develop a digital marketing strategy, you’re able to test and confirm specific marketing data points. Let’s say your latest campaign is about appealing to a particular customer behavior.
Establishing a clear digital marketing strategy lets you stress-test your marketing assumptions, which becomes especially useful when you’re targeting certain audiences.
At the same time, you’re building a foundation for continued marketing growth with your digital marketing strategy. Imagine a scenario where a brand’s first marketing push underperforms. Without an established strategy, it can be impossible to know exactly what went wrong.
Did they focus on the wrong key performance indicators, or KPIs? Did they have unrealistic goals in the first place? Was there something wrong with their competitor analysis? These questions become much easier to answer when you already have a well-defined digital marketing strategy.
4 Steps to Develop Your Digital Marketing Strategy
If you’ve never developed a digital marketing strategy, the process can feel a bit intimidating. When building your marketing strategy, there are dozens of potential metrics and techniques you could choose to focus on.
For now, let’s prioritize two key elements: clarity and experimentation. To maximize clarity, we’re going to spend time defining our target audience and establishing clear goals. When it comes to experimentation, we’re going to focus on growth and the implementation of specific marketing tactics.
Over time, your digital marketing strategy will become more complex as it continues developing. The more data you collect, the more complex your strategy will need to be. That’s why establishing a strong foundation early on in the process is so crucial.
1. Research and Understand Your Audience
Before we dive into the deep end of digital marketing strategy, we need to spend some time unpacking the concept of target audiences.
Target audiences are defined by specific data points, like:
- gender
- age
- education
- purchasing power
- location
By targeting certain demographics, your ad budget is being spent as efficiently as possible.
Of course, this leads us into the most challenging aspect of audience targeting: properly defining your audience.
You’ll want to start by analyzing your market. Determine whether you’re operating in a …read more
Source:: Kiss Metrics Blog