Discuss the decision to shift all or a portion of your division’s promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs.

The rise of digital marketing is a natural consequence of the ubiquity of global Internet use. If in 2005, only 16.8% (or less than 1.5 billion) people used the Internet, in 2019, the share was up to 53.6% (or more than four billion people). Globally, commerce is migrating online, with statistics clearly demonstrating that e-commerce is expanding and becoming a part of the consumer experience across the globe. According to Bain and Company, this year, 15.5% of all purchases will be made online, which shows a 100% growth from 2015. Besides, 78% of Internet users conduct product searches online before making a purchase.

For this reason, it is only reasonable to allocate more budget to digital marketing as it is the sure way to reach out to more potential customers. The visibility of the company largely depends on its ability to rank high on the search results page, which is why SEO (search engine optimization) will be a vital part of the digital marketing campaign. Another strategy will be (SMM) social media marketing as it provides tools to interact with users on popular social media platforms.

Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in marketing. Let us know how much you liked it and give it a rating.

Cite this page

Select a citation style:

References

Academic.Tips. (2022) 'Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs'. 23 September.

Reference

Academic.Tips. (2022, September 23). Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs. https://academic.tips/question/discuss-the-decision-to-shift-all-or-a-portion-of-your-divisions-promotional-budget-in-the-simulation-to-digital-marketing-discuss-the-digital-marketing-strategies-that-will-be-used-to-promote-orga/

References

Academic.Tips. 2022. "Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs." September 23, 2022. https://academic.tips/question/discuss-the-decision-to-shift-all-or-a-portion-of-your-divisions-promotional-budget-in-the-simulation-to-digital-marketing-discuss-the-digital-marketing-strategies-that-will-be-used-to-promote-orga/.

1. Academic.Tips. "Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs." September 23, 2022. https://academic.tips/question/discuss-the-decision-to-shift-all-or-a-portion-of-your-divisions-promotional-budget-in-the-simulation-to-digital-marketing-discuss-the-digital-marketing-strategies-that-will-be-used-to-promote-orga/.


Bibliography


Academic.Tips. "Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs." September 23, 2022. https://academic.tips/question/discuss-the-decision-to-shift-all-or-a-portion-of-your-divisions-promotional-budget-in-the-simulation-to-digital-marketing-discuss-the-digital-marketing-strategies-that-will-be-used-to-promote-orga/.

Work Cited

"Discuss the decision to shift all or a portion of your division's promotional budget in the simulation to digital marketing. Discuss the digital marketing strategies that will be used to promote organizational growth. Consider factors including B2B verses B2C considerations in digital media, target market coverage, exposure, analytics, and costs." Academic.Tips, 23 Sept. 2022, academic.tips/question/discuss-the-decision-to-shift-all-or-a-portion-of-your-divisions-promotional-budget-in-the-simulation-to-digital-marketing-discuss-the-digital-marketing-strategies-that-will-be-used-to-promote-orga/.

Copy