Marketing
channels are among the most important elements of any value chain. In business,
a “channel” is the pathway through which goods flow from producers to
consumers.
With
Channel marketing it involves finding new partners to help transfer goods from
producers to consumers. Finding new channels and maximizing the potential of
those channels is the main goal of channel marketing.
The
business and marketing landscape have drastically changed in recent years
whereby traditional methods that were effective before may not be as effective
in this current market powered by the complexities – and the vast wealth of
opportunities – by the Internet.
That
is why it is very important that your brand and business establish and maintain
a very strong online presence to be competitive enough to reach out to targeted
audiences.
Popular digital
marketing channels:
Social media
Social
media marketing is the most popular digital marketing strategy among marketers.
It allows businesses to connect with their customers almost immediately.
Email and
Websites
Both allow
digital communication between the customer and the company. Using these
methods, businesses have the goal of making sales in mind. Email marketing is
one of the most effective digital marketing channels that can give businesses
and ROI of up to 4,300%.
Display Advertising
Digital
marketers can reach out to potential customers by placing relevant display ads
on third party sites. These sites may include blogs and forums. The advertising
method on these sites may include banners, boxes, interactive ads, video ads,
interstitial ads, overlays and other similar ads that are linked to a landing
page or website. Display advertising creates greater brand awareness as well as
generate highly targeted traffic that may convert into leads or sales.
Content Marketing
With good,
high-quality and very relevant content, your website and other Internet
marketing real estate will generate considerable inbound traffic from highly
targeted audiences – all of which can be potential customers.
Marketing
should not be set in motion and left alone, but constantly reviewed, evaluated
and adjusted to suit the needs of the company and the wants of the consumer.
Evaluation is an important part of marketing: it helps
your company eliminate ineffective strategies and develop an overall plan that
helps build your business. Marketing plans serve as the blueprints for your
company's sales strategy. Marketing should not be set in motion and left alone,
but constantly reviewed, evaluated and adjusted to suit the needs of the
company and the wants of the consumer.
For more information please view these videos
Works Cited
Biz Fluent.
(2018, 10 29). Retrieved from
https://bizfluent.com/how-7608270-evaluate-marketing-strategies.html
Courses Lumenlearning. (2018, 10 29). Retrieved from
https://courses.lumenlearning.com/boundless-marketing/chapter/marketing-channels-in-the-supply-chain/
Marketing School. (2018, 10 29). Retrieved from http://www.marketing-schools.org/types-of-marketing/channel-marketing.html
Sm Study.
(2018, 10 29). Retrieved from
https://www.smstudy.com/article/importance-of-understanding-and-evaluating-digital-marketing-channels
Youtube.
(2018, 10 29). Retrieved from https://www.youtube.com/watch?v=eOo8oyYX7nY
Youtube.
(2018, 10 29). Retrieved from https://www.youtube.com/watch?v=wiu4mUbGaYs
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