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When you invest in digital marketing services in Toronto for your business, you’ll see that its positive effects outweigh its negative ones. Increased sales, increased brand loyalty, and higher return on investment are some benefits of digital marketing. But there are many more. If you’re not convinced, read on to discover some of these benefits.
Higher return on investment:
There are several types of digital marketing for businesses. But search engine optimization, or SEO, can provide higher ROI than other methods. This method requires little initial investment but can yield significant results over time. A study surveyed 609 senior marketers and found that SEO yields the highest ROI. It can also reduce overall costs while still providing significant benefits. Here are some tips to maximize the ROI of digital marketing for your business.
Attract more organic traffic to your website:
Email marketing is a great way to attract more organic traffic to your website. The increased organic traffic will help you reach more potential customers. SEO campaigns are known to have ROIs of up to 700%. This is because they run in the background and earn returns with ease. Email marketing is also an effective way to engage your audience and generate sales. With this type of marketing, you can build relationships with your customers, which are invaluable for increasing customer retention.
Increased sales:
As the prominence of online shopping continues to grow, understanding how to increase online sales is becoming critical to the success of any consumer business. With the recent global pandemic, many people are now switching from physical retail stores to online e-commerce stores. Businesses are finding that leveraging data and customer journeys can help them steer their business in an increasingly uncertain time. Listed below are some ways digital marketing can help you increase sales.
Brand loyalty:
Digital marketing has had a tremendous impact on brand loyalty. Brand loyalty is a trend of consumers choosing one product over another. This behavior results from the trust a consumer develops with a brand. Think of an iPhone user who upgrades to another iPhone rather than a Samsung. The iPhone user is satisfied with Apple’s service, and their loyalty to the brand spreads to other products. A similar concept can be observed with car owners who purchase a car from a specific company.