Debunking Seven Digital Marketing Myths For Small Business Owners
Digital marketing is relatively new compared to traditional media channels, and as a result, public perception often lags behind reality. Many assumptions about digital marketing are inaccurate. To help you effectively leverage digital marketing to grow your business, we have debunked seven common myths.
Myth 1: Go for Quantity Over Quality
Flooding your audience with excessive marketing material can backfire. It leads to waste and can make consumers feel overwhelmed, fostering mistrust in your brand. Today, successful digital marketing strikes a balance between being insightful, entertaining, informative, and useful. By executing digital marketing well, you not only sell products but also enhance the consumer experience with manageable amounts of content.
Myth 2: Digital Marketing is Not Suited for B2B Businesses
Although Business-to-Business companies may not rely heavily on online sales, having a digital presence is crucial for branding. Businesses often research and compare suppliers online before making commitments, making it imperative to establish an online footprint.
Myth 3: You Only Need a Digital Marketing Presence
A strong online presence is essential, but businesses also require a healthy mix of online and offline marketing. Customers benefit from experiencing your brand in the real world, and traditional marketing methods still play a significant role.
Myth 4: Digital Marketing is Very Expensive
When executed properly, digital marketing can be extremely cost-effective, especially compared to traditional channels like broadcasting, outdoor advertising, and print. Digital platforms allow for creative strategies, such as guerrilla marketing, and enable precise targeting of campaigns. Additionally, you can track spending on a per-click basis and follow up on leads strategically, ensuring better return on investment.
Myth 5: Negativity is Bad for Business
This outdated belief fails to recognize the benefits of online engagement. Customers can often reach decision-makers easily and may feel their complaints are heard. While negative comments can attract attention, responding promptly and constructively can enhance brand awareness and convert dissatisfied customers into loyal ones.
Myth 6: Once My Website is Built, I’m Done
Unfortunately, this is not the case. Think of your website as your storefront. If it appears neglected, customers will be less likely to return. Regular updates—ideally every six months to a year—are necessary to keep your website aligned with current SEO and design best practices.
Myth 7: My Customers Don’t Use Social Media
In 2019, over 2.39 billion people worldwide were active on social media. Given the wide range of professional and personal social channels, it’s likely that your clients are engaging in some capacity. Your brand should identify the most suitable platforms and effectively utilize them.
The Bottom Line
Digital marketing is a rapidly evolving field that requires business owners to stay informed and adaptable. Maintaining an open mind and reevaluating your assumptions will enable you to thrive in this dynamic environment, ultimately leading to greater rewards for your business.