Will Internet Marketing Overtake Television Advertising?
Internet marketing
continues to be a powerful means for small and big businesses alike to promote
their products and services. Businesses around the world are able to reach
their ideal prospects and target local and global regions at a fraction of the
cost of traditional advertising. This is why many economists, business analysts
and marketing advisers have been debating the possibility of Web marketing
overtaking television advertising at some time in the future, if it hasn't
happened already.
To answer this
question, we first need to understand what Internet marketing is all about.
Then, we will compare its significant effects to the bottom-line results of a
commercial establishment or public organization, over the benefits that
television advertising can provide them at the moment. Afterwards, we can draw
conclusions based on our discussions regarding these things. So, let's start!
What is Internet
Marketing & How Is It Used Today?
Web marketing is
the process where a professional or an organization makes use of the Internet
to reach their target audiences. For example, a commercial establishment can
publish a helpful guide that offers information on how their target readers can
improve certain aspects of their lives by using products and services that the
commercial establishment sells. They then share this guide across relevant
Facebook groups among other online social communities where their ideal
customers hang out. They can also optimize this guide for Google and Bing, in
order for users of these search engines with similar interests to find their
guide after entering relevant search terms.
Generally, the main
objective of an Internet marketing campaign is for its authors to clearly and
quickly communicate certain messages to their target viewers. They might want
to promote their newly launched products. Others might want to inform their
prospects about certain discounted services that they're currently offering.
Some might just want to promote top-of-mind recall of their brand, products and
services. A few might just want to inform their existing users about certain
things that they're currently doing, which might impact the experience of their
customers in using their products.
Individual service
providers, commercial groups and public organizations can opt to pay for Web
advertising campaigns in certain online platforms like Google, Bing, Facebook,
Youtube and the like. Or, they can implement organic campaigns where they hire
content writers to publish content across several relevant Web platforms. They
can also hire marketing agents to hang out and mingle with their target
prospects at certain online communities.
Because not too
many businesses, licensed professionals and public institutions are experts in Internet marketing,
most of them opt to hire a Web marketing agency. These service providers create
relevant Internet advertising and marketing campaigns for their clients. They
then execute these campaigns through their trained staff of marketing agents,
content writers and social media managers.
Now, let's discuss
the differences between Internet marketing and television advertising. After
this, we'll be able to better answer if Web marketing will soon overtake (or
has already overtaken) television advertising as the generally preferred
promotional medium of most commercial groups, individual service providers and
public organizations around the world.
Advantages of Web
Marketing Over Television Advertising
A significant
advantage of Internet marketing over television advertising is its cost-effectiveness,
especially for start-up businesses, small companies and individual service
providers. With Web advertising and marketing, they can reach their target
prospects while spending considerably smaller amounts of money for their
campaigns, compared to television advertising.
Another advantage
of promoting products and services on the Internet is the market reach and
traction that it offers, as opposed to television advertising. With an online
advertising and marketing campaign, you'll be able to reach wider audiences
anywhere in the world, and still at a fraction of the cost of launching a
television advertising campaign that targets multiple regions of the world.
To wrap things up,
another advantage of Internet marketing over television advertising is the
granular data that advertisers can gain from such campaigns. For example, you
can track down the results of your Web advertising and marketing campaigns down
to the age, gender, domestic location and other relevant information about your
prospects, at the time that they engaged with your marketing and advertising
materials. This is unlike television advertising that provides more limited
data of your campaign results. This is a huge advantage of Internet marketing
over traditional forms of advertising, especially for small businesses.