Digital marketing is a term that applies to online marketing efforts. It includes the use of online marketing channels like search engines, social media, and websites to connect with customers. Some people simply call it online marketing.
Before you can create a digital marketing strategy, you’ll need to think about why you’re doing it. Here are a few questions to ask yourself:
Now that you know have an idea of what digital marketing is, let’s talk about how to develop a plan.
One of the most important steps in your planning is goal setting.
Do you want to boost brand awareness? Are you looking to add followers on social media? Or do you want to grow your email list?
One of the most popular methods of goal setting is S.M.A.R.T. This means setting goals that are specific, measurable, achievable, relevant, and time-bound. Most goal-setting methods are going to encourage setting goals that meet these same criteria.
If your goal is to increase brand awareness, you might set up your goal tracking like this:
Goal: Increase website traffic
Metric: 500 new organic site visitors by the end of Q1 2020
Tactics:
But, what if you want to increase your social media reach? In that case, your setup would look similar, but your wording would change. And, of course, your tactics would probably be a lot different!
Goal: Increase the number of followers on Facebook
Metric: 200 new Facebook followers by end of Q2 2020
Tactics:
And, for growing your email list, you may use something like this:
Goal: Increase the number of email subscribers
Metric: 750 new email subscribers by end of Q4 2020
Tactics:
Before you can sell anything, you need to have a clear idea of who you’re selling to.
The customer avatar, a fictional character that represents your ideal prospect, can help with this. Customer avatars, also known as buyer personas, tell us a lot about the prospect such as their demographics which includes their name, age, and occupation.
It even includes the products they’ve purchased and places they’ve visited. It answers questions like:
You can also dive further into a customer persona to include psychographics. This includes consumers’ attitudes, aspirations, and other psychological criteria. Just like demographics, psychographics helps you build a customer avatar of what your ideal prospect looks like.
Check out this example of a customer avatar from Hubspot:
Here’s another example from Digital Marketer:
This information will play an important part in developing your overall digital marketing plan. The more detailed your customer avatar, the better you can customize your digital marketing strategy.
Now that you have your customers sorted out, let’s talk about your digital assets.
A digital asset has 3 main characteristics:
When considering your available digital assets as a part of your strategy, you’ll start by taking inventory of your current digital assets. These can be anything from your blog content to paid ads, or even the exposure earned through word-of-mouth.
Let’s take a look at each type of digital asset in more detail.
Any digital property that you can control and that is unique to your brand is considered an owned digital asset. A common example is your website, but it can also be things like:
Even some of your off-site content like posts on Medium or content on GitHub can be considered an owned digital asset.
It’s important to track owned media so you can get a full understanding of the buzz around your brand. This also gives you an idea of how that impacts your marketing efforts.
You can track social media directly in the analytics of the social media platform you’re using. There are also amazing tools like MonsterInsights that you can use with Google Analytics to get the info you need to track the ROI of your owned media.
Next, analyze your earned media assets. Earned media is the attention that you’ve earned but not paid for. You can earn media assets a number of ways including the customer service you’ve provided or through the influence of your SEO efforts.
Here are a few examples of earned digital assets:
Other examples include user-generated videos and social media mentions. These can be from content writers, journalists, reporters, or even customers.
GoPro has a number of digital marketing examples that include earned digital assets. One of their more popular earned media assets includes its YouTube channel. A lot of the videos were created by customers that used the products, instead of GoPro.
By having user-generated content on its YouTube channel, GoPro encourages customers to share their talents with the world.
Check out this award-winning, spooky Halloween video created by Lukasz Lewenda. ?
Lukasz shot 100% of the video using GoPro.
Just like we mentioned about owned media, it’s also important to track your earned media. Depending on the type of earned media you’re tracking, there are different tools that can help.
Again, you really can’t go wrong with MonsterInsights and Google Analytics. But, you can also set up a simple Google Alerts or Walk Talker Alerts that can notify you anytime your brand is mentioned online.
Here’s an alert preview for “go pro” using Google Alerts:
Track and analyze your earned media so you can include it into your overall marketing plan.
Finally, you’ll want to look at all of your paid assets. Typically, paid media serves as a promotion method to boost your exposure. You can find this anywhere exposure is paid for like:
Geico does a great job of taking one of their paid digital assets and turning it into another cool digital marketing campaign using online video advertising with their video titled “Crushed.”
In terms of tracking, a tool like SEMRush can track SEO and paid traffic (such as pay-per-click).
Now you have a solid digital marketing strategy framework for your business:
Want to learn more about digital marketing? Here’s a list of 19 books that will level up your marketing strategy. And be sure to check out our digital marketing best practices to level up your marketing game.
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