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Is Traditional Advertising Dying? by David Krynauw





Is Traditional Advertising Dying? by
Article Posted: 03/10/2014
Article Views: 1012
Articles Written: 2
Word Count: 645
Article Votes: 0
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Is Traditional Advertising Dying?


 
Business,Internet Marketing,Website Promotion
It is typical for small business owners to be faced with several choices in regards to spending their advertising budget. Since the majority of small businesses do not necessarily work with huge advertising budgets, making a decision on the advertising medium to select can be both vital and stressful. Many of the small business owners may want to know more about digital marketing. There is a lot of debate about whether traditional advertising or online marketing is the best approach to increase the customer base of any business. Some have argued that traditional advertising is slowly fading away, but in some cases, the best strategy is the combination of both approaches. However, more businesses are opting to use online marketing because of various reasons. Mentioned below are some of the factors that you should keep in mind as you launch the next advertising campaign.

So, what is traditional advertising? This approach comprises of the time-tested strategies of advertising that you probably are familiar with. These advertisements run on radio as well as television, newspapers, magazines, mailers and local periodicals. Approximately 47% of customers who are surveyed around the globe trust the television, newspaper and radio ads. As much as this number is higher than some of the forms of digital advertising, a steady decline has been noted in the recent years.

The main cause of the downward trend in traditional advertising is the change in the overall demographics. Take note that more people who have had the opportunity of growing up with the internet as part of their normal lives are now the primary purchasers of services and goods online. Since such people easily relate with digital advertising methods, then they do not have much regard for the traditional approaches of advertising. Even though the television is the most common form of advertising, experts expect the digital advertisements to reach and even overtake the television in a few years to come.

So, what is online/digital marketing? This approach comprises of all the different types of web marketing initiatives such as banner ads, business sites and social media pages. There are a myriad of benefits that come along with digital advertising in today's modern economy. To start with, the changing demographics have led to the popularity of digital marketing. With time, the trends will slant more towards the direction of digital advertising. Those who use technology usually expect digital advertising to be extremely engaging and informative as compared to traditional marketing approaches.

Click here to learn more about Search Engine Optimisation Sydney

Further to the ability that digital advertising has in reaching new demographics, it also offers businesses with an easy and cost effective way of developing lasting relationships with their clients. With the use of the social media, it becomes easy to have meaningful as well as direct communication with your clients. You can offer specials and easily keep your clients updated. In addition, digital advertising provides a unique opportunity for businesses to engage in inbound marketing since the consumers can easily get in touch without the business making any direct effort other than setting up the site as well as social media pages.

Traditional advertising has still got a place in today's market. However, the trends still continue to point more towards digital advertising. For some of the businesses, a combination of both traditional and digital advertising is the most effective way of reaching out to customers. Well, there are those that opt to go for exclusively digital approaches.

So, what is the way forward? Well, the key for any modern business it to ensure that digital advertising is included, whether exclusively or in combination. The downside of avoiding digital advertising is missing out on the major demographics and watching the competition slowly pass you by in their marketing effectiveness. Clearly, digital advertising is the wave of the future.

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