Digital marketing has several important benefits for your business. Not only can it help expand your reach, but it can also provide you with the ability to reach your customers where they are consuming content online. Google Ads, for example, have an average ROI of $2 for every $1 spent.
If you could sit down with radio industry veterans and ask them anything, what would you want to know? Considering that it might not be in person, we've done the legwork for you. We’ve gathered insights from radio advertising experts and compiled a list of trade secrets every marketing professional needs to know to create more successful radio campaigns.
In today's online world, digital marketing is more important than ever. Consumers are increasingly making a large percentage of their purchases online. Around 81% of shoppers do research online before they make a purchase, especially a major purchase. Digital marketing has an average ROI of 122%, making it a highly effective strategy for reaching consumers and providing them with more information about your brand.
Businesses are making an average of $5.20 for every $1 spent on influencer marketing. Leveraging local radio talent is an increasingly popular way to increase the effectiveness of your advertising. Local radio DJ’s have developed a strong connection with their audience. Over time, DJ’s establish loyalty and credibility with their listeners and their support and recommendation of your business can translate to more business for you! Are you looking for new ways to connect with your audience using local influencers? Check out these secrets for local influencer marketing.
If you want to excel as a company, it's important to set yourself apart from the competition vying for your customers’ attention. Brands that experience tremendous success do so by differentiating their products and services from the competition. In the process, they improve brand recognition and develop a deeper connection with their customers.
Digital marketing efforts can bring positive ROI, but the key to a successful campaign is to know how to measure it. Unfortunately, many marketers have trouble connecting digital metrics to ROI through measurement. One of the reasons it can be challenging to measure ROI is that companies don't often take the time to establish clear goals at the start of their campaigns. Another source of confusion comes from misunderstanding digital marketing ROI as a concept.
When selling products or services, one of the best ways to learn how to develop a strong marketing campaign and maximize sales is to understand the buyer's journey. This journey is essentially a kind of framework that follows the customer's progression from a curious visitor on your site to an eager buyer by researching problems and solutions until they decide to buy.
The buying power of multicultural groups is increasing, which means it's important to consider them when developing your marketing strategy. As of 2019, the buying power of multicultural groups made up a considerable share of the American economy, with Latinx communities accounting for $1.7 trillion, Asian Americans with $1.2 trillion, and Black Americans with $1.4 trillion. Those numbers have only increased.
Testimonials and endorsements are invaluable assets for any business. Even if people don't know the person behind the testimonial, they are far more likely to trust genuine, positive testimonials. However, the power of testimonials from strangers is nothing compared to endorsements from people your audience recognizes and trusts, including their favorite voices and personalities that speak to them every day over the radio.
Many businesses make the mistake of focusing their marketing strategy primarily at the bottom of the sales funnel. However, marketing strategies dedicated to these tactics will ultimately fail compared to strategies that also place focus toward the top and middle of the sales funnel. If you can add value to those earlier touchpoints that help bring people to the bottom of the sales funnel, you'll be able to increase conversions.