The 8 Biggest Mistakes Entrepreneurs Make With Digital Marketing
The success of digital marketing depends on various factors. It requires understanding your marketing history, knowing what's being said about your brand, and meeting the needs of your consumers. With so many different factors coming into play to realize digital marketing success, entrepreneurs easily can make mistakes that may hinder early growth in a company.
Here are some of the biggest mistakes.
1. Lack of Audience Understanding
The first thing any successful business person needs is a clear understanding of his or her market.
The gap that a product or service fills is just the beginning. Marketing requires an in-depth understanding of consumer personas. Beyond a prospect's needs, professionals should focus on how a prospect spends time, what other products or services the prospect likely wants, and where individuals who fit the persona are more likely to be living.
2. Lack of Planning
Planning and organization are the keys to any type of success. Many marketers never achieve great success because they don't have clearly outlined goals and a distinct plan of action.
Planning does not mean brainstorming in a room of decision makers. It means writing out an analysis of your current needs, strengths, weaknesses, and goals. It means taking your budget and going through it line by line to determine where your marketing dollars will be best spent. And it means creating a written plan of action and measurement, and referencing all those documents regularly throughout the campaign process.
3. Lack of Focus
You can't do it all in the beginning.
Marketing campaigns that are small, concerted efforts can be just as effective as large campaigns that aim to reach a wide audience. Start by focusing on the marketing personas your product or service will fit with naturally. Pick measurable goals that align with industry benchmarks you can track over a period of several months.
Long-term goals are vital, too. Seeing meaningful results (even if they aren't driving the bottom line) can improve momentum for reaching those long-term goals.
4. Unrealistic Expectations
Few marketing campaigns will achieve instantaneous results. Unless your first post goes viral, you'll likely tweak and improve your pay-per-click, social media, and other digital marketing campaigns as you go.
Social media campaigns tend to have a shorter turnaround time; pay-per-click campaigns tend to be midrange and take about a month and a half to deliver results. SEO strategies tend to take the longest of all. SEO drive campaigns typically take four to six weeks to get off the ground and may take as many as six months to a year to deliver meaningful goals.
Digital marketing is a long race, not a sprint.
5. Too Many Social Media Platforms
Social media platforms are a fun and fast way to develop a marketing campaign, but focusing on too many at once may weaken the overall campaign. Try to keep your social media strategy targeted at two or three social media platforms your audience frequently uses, and regularly deliver relevant information to that demographic.
Twitter, Facebook, and Snapchat are great social media platforms to start with. Depending on your business audience, you may also be interested in pursuing a targeted campaign on LinkedIn, Instagram, or Pinterest.
Use what makes sense for your brand and market, not necessarily trending platforms.
6. Forgetting the Importance of Mobile
The number of global mobile users exceeded desktop users in 2014, and most consumers now use their smartphones to access location information, reviews, websites, and applications. Companies that haven't been paying attention to mobile technology will be forgotten and become obsolete. Responsive Web design and layered interfaces are sleek, user-friendly, and fairly easy to develop with the right professional help. Mobile marketing should be synonymous with digital marketing at this point; it's that integral to the success of a campaign.
7. Using Old-School SEO
Beware any SEO or digital marketing agencies that push keyword stuffing, outbound link building, and other old-school methods. As Google's algorithms evolve, old SEO practices are getting companies penalized. Focusing on providing valuable content and creating natural inbound and outbound links is the new strategy that SEO companies are adopting.
Organic marketing will help you build a better ranking in search engines, and it's more likely to appeal to users searching online for information about a company like yours.
8. Failing to Use a Combination of Offline and Online Marketing Strategies
Digital marketing is incredibly important, but it should always be supported by more traditional marketing strategies. People still drive by billboards and react to the information they see there. The difference is that now print advertising includes digital marketing information. Social cues are ever-present in the bottom corner of magazine ads and on subway signs.
You may even notice a print campaign entirely digital in focus. It may feature a hashtagged word or a Twitter handle. Mixing traditional and modern marketing strategies is the best way to build a multilevel campaign that has the potential to not only reach consumers but connect with them on a deeper level.
Entrepreneurs have the opportunity to start from a fresh slate. Their brand personality and marketing campaigns can start out from any point of interest and transform to reflect both the brand and consumer interest.
By understanding where to focus initial efforts, entrepreneurs and small-business owners can develop digital marketing practices that will fuel their bottom lines for years to come.