Trying to get your small business off the ground? Here are 9 components of digital marketing to help get more customers to your business.
If you build it, they will come.
Ha! Just kidding. That might have worked for Kevin Costner in the “Field of Dreams,” but when it comes to your small business it’s pretty much the opposite.
You have to work to get your business and brand out there to the customers who will want to buy from you. And unfortunately, you’re competing against plenty of big names that have been in the industry for a while.
Luckily, you have access to plenty of digital marketing tools that can help level the playing field and get your business noticed. In this article, we’ll cover 9 of the most important components of digital marketing.
That way you can put your efforts (and budget!) toward the marketing strategies that will be the most effective for growing your business.
Let’s get to it!
Disclosure: Our website participates in various affiliate marketing programs, which means we may earn a commission on purchases made through our affiliate links. We only promote products and services that we believe offer value to small business owners. Just as a quick reminder, the following information is not legal advice. Be sure to speak with a local attorney before making any legal decisions.
Digital marketing is a way to reach your customers and let them know about your business in the digital world. It refers to any type of marketing that utilizes electronic devices or the internet.
In today’s world, it’s nearly impossible to run a successful business without implementing some form of digital marketing.
Practically everything is digital these days. Smartphones are little computers that we carry around in our pockets and use all day every day.
So the best way to make sure that people know about your business is to connect with them through the digital platforms and methods that they’re already spending time on.
Whether it’s through your social media presence, email campaigns, or paid advertisements, digital marketing is essential for reaching potential customers and expanding your brand presence.
Why the Components of Digital Marketing Are Important for Small Business Owners
As a small business owner, you likely have a limited budget compared to bigger companies. This is where digital marketing strategies come in.
Not only do they offer more targeted and personalized communication with potential customers, but it makes it easier for you to reach the right people at the right time. You also get to increase brand awareness with your target market.
Not to mention, you often get a better ROI with digital marketing than traditional forms of advertising, such as print or TV ads.
Plus, these strategies are often more cost-effective and can be adjusted in real time to better suit your business’s needs. This helps you compete on a more even playing field with larger companies in your industry.
The Components of Digital Marketing
Now let’s dive into the components of digital marketing. These are the key areas that small business owners should focus on in their marketing strategies.
1.) Your Website
The first component of digital marketing for small business owners is your website. This is the digital storefront for your brand.
Anytime people want to learn more about your business or make a purchase, they will usually visit your website first.
Your website should be visually appealing, easy to navigate, and have all the necessary information about your products or services. It should also be optimized for mobile devices since many people access websites through their smartphones.
2.) Search Engine Optimization (SEO)
Next on our list is search engine optimization (SEO). SEO is the process of optimizing your website and its content to rank higher in search engine results pages (SERPs).
This means that when potential customers search for keywords related to your business, your website will appear higher up on the list.
This is important because one of the first places people go to look when they have a question or want to learn more about a topic is search engines like Google. They trust the search results to provide them with the most relevant and reliable information.
So you want to be sure that when they go searching for whatever product or service you offer, your business shows up on the first page.
3.) Content Marketing
The next component of digital marketing is content marketing. This refers to the creation and sharing of valuable, relevant, and consistent content to attract and retain a specific target audience.
This content can come in various forms such as blog posts, videos, infographics, webinars, and podcasts. The key is to provide your audience with information that they find useful and interesting.
Content marketing helps build brand awareness, establish you as a thought leader in your industry, and drive traffic to your website.
4.) Pay-Per-Click Advertising (PPC)
Another component of digital marketing is pay-per-click advertising PPC). PPC is a method of online advertising where you pay each time someone clicks on your ad.
This can take various forms, such as Google Ads or social media ads. For example, if you run a Google Ad campaign, your ad will show up at the top of search engine results pages and you will pay each time someone clicks on it.
Small business owners will often use this strategy when trying to drive traffic to their business or specific products. If your website is still working on SEO or you don’t feel like you’ll rank well in Goole, PPC can help you jump to the top of the page immediately and potentially reach more customers.
5.) Social Media Marketing
Social media has become an integral part of our daily lives. So it’s no surprise that social media marketing is an important component of digital marketing for small business owners.
With social media, you can connect with customers, promote your brand, and drive traffic to your website. It’s also a great platform for customer engagement and building relationships.
Some examples of platforms you can use for social media marketing include
Facebook
Instagram
Twitter
LinkedIn
Pinterest
TikTok
Different social media platforms cater to different audiences, so it’s important to do some research and find out which ones are the most popular among your target audience.
Influencer Marketing
A form of marketing that’s often used in conjunction with social media marketing is influencer marketing. Influencer marketing is when you collaborate with individuals or organizations who have a large following on social media to promote your brand.
When their audience purchases your products or services, the influencer gets a small commission.
Influencers often have engaged and loyal followers. Their followers trust their recommendations and opinions, making influencer marketing an effective way to reach potential customers and expand your brand’s reach.
6.) Email Marketing
Another important component of digital marketing is email marketing. This involves sending promotional emails, newsletters, or other types of communication to your customers’ inboxes.
Email marketing is a great way to keep your customers engaged with your brand and inform them about new products or promotions. It’s also an effective method for building customer loyalty and generating repeat business.
A big perk of using this email method is that not only does it give you direct access to your customers, but you’re also not at the mercy of a social media platform. You don’t have to worry about changing algorithms or platforms potentially disappearing.
You own your email list and you can use it to reach out to your customers whenever needed. Plus, you can segment your list and send personalized emails based on your customers’ interests or behaviors.
Another big component of digital marketing for small businesses is online reputation management (ORM). ORM is the practice of monitoring and managing your brand’s online reputation.
This involves responding to reviews, comments and mentions on social media platforms, review sites, and other online channels.
With everything being digital these days, customers can’t just walk into your store and get a feel for if it’s somewhere they want to shop.
They can’t judge you by what part of town you’re located in and they’re often relying on things like pictures and a website before making a purchase. This means, what other people say about your business online can have a huge impact.
91% of consumers read online reviews before making a purchase decision.
Managing your online reputation is crucial to maintaining a positive image for your brand and building trust with potential customers. It also allows you to address any negative feedback or issues in a timely and professional manner.
ORM also includes actively seeking out positive reviews from satisfied customers and using them in marketing materials to build trust with potential customers.
8.) Mobile Marketing
Next on our list of digital marketing components for small businesses is mobile marketing. This involves optimizing your website and online content for mobile devices.
With the rise of smartphones, almost everyone is accessing the internet through their phones. This means having a mobile-friendly website is crucial to reaching potential customers on-the-go.
Mobile marketing also includes strategies such as SMS or text message marketing, push notifications, and mobile apps.
These methods allow you to reach customers directly on their phones and make it easier for them to access your products or services.
9.) Data Analysis
Last but not least, a crucial component of digital marketing for small businesses is analytics and data analysis. This involves monitoring and analyzing data from your website, social media platforms, email campaigns, and other online channels.
As a small business owner, you can’t afford to just try a bunch of stuff and hope something works. You need to know what’s working and what’s not.
Analytics and data analysis allow you to track metrics such as website traffic, email open rates, social media engagement, and more. This helps you understand your audience and make informed decisions about your digital marketing strategies.
You can find out if Google ads or social media ads work better for your audience. You’ll learn if you should be writing more blog posts or if influencer marketing is a better use of your time.
Analyzing the data will not only help you make sure you’re getting a better return on your advertising investment, but it’ll also help your business grow faster and smarter.
How to Create a Digital Marketing Plan
Now that we’ve covered the important components of digital marketing, let’s talk about how to create a marketing plan. Knowing your marketing options is step one, next is putting together a plan and strategy to start implementing it into your business.
1.) Set Goals
The first step in creating a digital marketing plan is to set goals for your business. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART). For example, your goal could be to increase website traffic by 25% within the next 6 months.
Setting clear and specific goals will help guide your digital marketing efforts and measure their success.
2.) Know Your Audience
Next, it’s important to understand your target audience. Who are they? What are their interests and behaviors? Where do they spend their time online?
By understanding your audience, you can create relevant and effective digital marketing strategies that will resonate with them.
3.) Choose Your Platforms
Based on your goals and audience, you can now choose which digital marketing platforms and channels to focus on. This could include social media platforms like Facebook, Instagram, or LinkedIn, email marketing, influencer marketing, and more.
Make sure to select the platforms that align with your goals and where your target audience is most active.
4.) Create Content
Content is king in the world of digital marketing. It’s important to create valuable and engaging content that will attract and retain your target audience.
Whether it’s blog posts, videos, social media posts, or email newsletters, make sure your content is tailored to your audience and aligns with your brand message.
5.) Implement Strategies
Once you have a clear understanding of your goals, audience, chosen platforms, and content plan, it’s time to implement your digital marketing strategies. This could include creating social media campaigns, launching email marketing campaigns, or collaborating with influencers.
6.) Monitor and Analyze Data
As mentioned previously, data analysis is crucial in measuring the success of your digital marketing strategy. Make sure to regularly monitor your analytics and adjust your strategies accordingly.
7.) Stay Up-to-Date
Finally, it’s important to stay up-to-date with the ever-changing world of digital marketing. Make sure to keep an eye on trends and new technologies that could benefit your business and adapt your strategies accordingly.
Final Thoughts on 9 Important Components of Digital Marketing for Small Business Owners
I hope this overview of the 9 components of digital marketing has been helpful in understanding how to effectively promote your small business online. Remember, digital marketing is not a one-size-fits-all approach and it’s important to tailor your strategies to your specific goals and audience.
By utilizing these components and creating a solid digital marketing plan, you can reach more potential customers and work on building your dream business.
Learn all the ins and outs of the business planning process and how to write a business plan that will have investors ready to help fund your business! Read more.