Have you heard of the digital skills gap? By 2020, it is projected that there will be 150,000 digital jobs available, but not enough digital marketing professionals to fill them. For those learning digital marketing, this offers a unique competitive advantage: You’re gearing yourself up for a career where demand exceeds supply. This is always a good move.
Digital marketing activity is still growing across the world according to the headline global marketing index. A study published in September 2018, found that global outlays on digital marketing tactics are approaching $100 billion. Digital media continues to rapidly grow; while the marketing budgets are expanding, traditional media is declining (World Economics, 2015). Digital media helps brands reach consumers to engage with their product or service in a personalised way. Five areas, which are outlined as current industry practices that are often ineffective are prioritizing clicks, balancing search and display, understanding mobiles, targeting, viewability, brand safety and invalid traffic, and cross-platform measurement (Whiteside, 2016). Why these practices are ineffective and some ways around making these aspects effective are discussed surrounding the following points.
And why not? Human beings have always enthralled themselves into one pursuit after another, all with a means to an end of improving our lives. Clearly, the conveniences afforded by the internet are quite literally earth-shattering to say the least. Three decades ago, few could have ever imagined the present state of our on-demand-everything society, with the ability to instantly communicate and conduct business in real-time, at a pace that often seems dizzying at the best of times.
Every Internet marketer writes his or her own story of success. Probably, that's the best thing about Internet marketing - there are no rules and there are no definitive guarantees for any of the Internet marketers willing to compete. We can all try our luck online. The modern online business has an insatiable hunger when it comes to new and revolutionary marketing concepts. Maybe, it's about time to get a new Marketing Guerrilla or Marketing on Steroids concept. We're all waiting impatiently.
The marketing processes involved span way beyond creating a web page or writing an eBook. As a vendor there are a broad range of marketing methods that can be followed, with few of them ever resulting in success. And as an affiliate, even the seemingly basic sifting through of products you might potentially choose to promote, presents a challenging task. From building a list of potential customers that trust your word, to launching a new product to market, being diligent enough to understand the multiple disciplines of online marketing is the downfall of many. However, for those with the staying power, Internet marketing is a great way to establish a lucrative online business.