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The Different Forms Of Digital Marketing

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Different Forms Of Digital Marketing,Startup Stories,Latest Business News 2019,Types of Digital Marketing,Digital Marketing Latest News,Digital Marketing Platforms,Digital Marketing Strategy 2019,Digital Marketing Activities,Role of Digital Marketing,Social Media Marketing,Search Engine Optimization,Search Engine Marketing


Digital marketing can be simply defined as the promotion of your content on digital platforms and websites. Through the years, digital marketing has grown to have not one, but multiple types to its name. If you are looking at increasing your brand’s presence and making sure you stay at the top of your game, then these are the different types of digital marketing you could use to promote your content:

1. Social Media Marketing

Social Media Marketing (SMM) is used to promote your brand’s content on social media platforms and websites in order to reach the most number of people through the promotions. This essentially means that all the content reaches the maximum number of people because of the kind of strategies used during promotion. While earlier used to just ensure the presence of the brand, social media marketing today aims at increasing the conversion rates with a complete understanding of all the different platforms and what works for each of the platforms. However, while some social media networks may work the right way for your brand, others may not, so when you are promoting your content on social media, make sure you do it with an in depth analysis of all the platforms.

2. Email Marketing

Considered to be one of the oldest forms of marketing, the roots of email marketing can be traced all the way back to 1978. Simply put, email marketing is defined as promoting and sending content by using emails as a means of communication. Although technology has grown through the years to become something truly innovative, email marketing still is one of the most preferred modes of communication. The first person to ever send out a mass email in the form of marketing was George Theurk, in 1978 and because of the nature of his mail, George was labelled the Father of Spam! Companies like Uber and Microsoft are today using emails as a means of keeping their audience up to date with all the happenings.

3. Search Engine Optimization

Described as the process of growing your website’s online  visibility, Search Engine Optimization (SEO) works through direct promotions (that is, without using money.) With the right kind of keywords, meta tags and slugs, your website can have the most chances of being discovered online. In simple terms, Search Engine Optimization is described as the process of integrating the right kind of keywords and aligning it with the content in a way that makes your website appear first no matter what!

4. Search Engine Marketing

Although search engine optimization is one part of promoting your content, the other side of digital marketing is search engine marketing. While SEO focuses on the unpaid part of promotions, search engine marketing is the process of using paid advertisements in order to make sure your business is the most visible! By purchasing advertisements on platforms like Yahoo, Google and Bing, you can ensure that your ads make the most impact with the right amount of money spent on these advertisements. In short, Search Engine Marketing is the paid arm to promotions, as opposed to the unpaid arm of marketing, that is, Search Engine Optimization.

5. Pay Per Click Advertising

Pay Per Click Advertising (PPC) is a form of digital marketing which, while considered to be similar to search engine optimization, is actually quite different. Unlike SEO, PPC lets you bid advertising space for certain keywords on search engines. With a focus on bid amount, quality of the advertisement, expected click through rate and various other extensions, PPC helps in improving the Ad Rank and determines where advertisements can be placed on the website. One of the main advantages of PPC is, it helps in increasing the amount of revenue earned through your website!

6. Influencer Marketing

A growing trend in the world of advertising, influencer marketing is being used outside the digital circles as well. A brilliant way of collaborating with people who have their own circle of followers, influencer marketing helps in increasing your audience in circles you never thought possible. An added advantage of influencer marketing is that no matter what size your brand is, you can always make the most of the different platforms available to you and by doing so, you increase the kind of impact your content has as well!

There are so many different types of marketing one can use on a regular basis and when you make the most of the different types, there is no stopping your brand from growing. If you think we missed out on other major forms of digital marketing, comment and let us know!

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The Rise Of Gig Economy In India 

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The Rise Of Gig Economy In India 

India is notorious for churning out graduates from colleges at a very high rate and the education system in India is always under fire for not focusing on all round development but on marks and grades, instead.  This is a growing concern as there are not enough jobs available to accommodate all the graduates passing out from college.  However, the Indian millennial is a smart individual and when put under pressure, a millennial is capable of coming out of it better.  So, what did the Indian millennial do when there were less opportunities and did not want to be part of the rat race?  They turned to taking up gigs and that spawned an entire economy and industries to flourish.

Gig economy can be defined as a work engagement where on one side, there is a service seeker that is a consumer with a demand for a specific task, and on the other side, there is a service provider that is. a gig worker who can perform that specific task.  The gig economy was able to flourish solely because of the advent of digital platforms which were able to connect a service seeker with a provider.   More and more Indians are looking to escape from the monotony of a 9 to 5 desk job and instead take up freelance gigs which complement their skills.  

In order to put the gig economy into simpler terms, here are some examples.  An individual who likes to drive cars would consider working with Uber as a driver partner to earn some extra bucks.  An individual who is good at playing the guitar would consider performing in live shows with a band to earn extra money.  A person who is good at painting would consider selling their art for extra money.  The gig ecosystem offers the millennial an outlet to escape monotony and pursue their passion instead. 

The gig economy could only thrive when there are digital platforms which are able to connect the supply with the demand.  The digital gig economy generated a gross volume of approximately $ 204 billion from worldwide customers in 2018.  India has emerged as the 5th largest country for flexible staffing after the United States of America, China, Brazil and Japan.  Haryana, Madhya Pradesh, Andhra Pradesh, Gujarat and Telangana have the most opportunities in terms of growth for the flexible workers.

ALSO READ: Indian Startups Face Their Biggest Challenge As 70% Of Them Have Less Than 3 Months Of Runway Cash

Gig economy allows task ownership, convenience and flexibility.  Based on tastes and preferences, an individual can determine the number and type of projects they can work on, the quantum of their earnings, and thus, their work-life balance.  For example, an individual who took on five gigs in one month could take only three gigs the next month to balance life at their regular job.

The gig economy has a disruptive model to connect sellers and buyers for almost all kinds of skills and services.  While the size of the gig economy may seem marginal when compared to the traditional economy, it is recognized for its enormous potential with the desire of workers, specially millennials to have a flexible work schedule and the rise in the on demand consumer services.  Of In India, almost 70% corporates have already used gig workers for at least one task in 2018.

In India, a platform called Lemonop, is setting an example in the gig economy by providing a platform for students and working professionals to look for gigs of their liking.  There are plenty of other platforms like Lemonop which are slowly bridging the gap between talent and job demand.

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Mukesh Ambani Enters Top Ten Billionaires List

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Mukesh Ambani Enters Top Ten Billionaires List

Mukesh Ambani is the head of India’s biggest Petrochemical and Telecommunications giant Reliance Industries Limited.  Mukesh Ambani also achieved a new milestone in his splendid career as he broke out into the World’s Top Ten Richest Billionaires list for the first time in his career.

Mukesh Ambani entered the high profile and exclusive club of billionaires as his net worth jumped to $ 64.5 billion which catapulted him to the exclusive list of the richest billionaires in the world.  Mukesh Ambani is now the ninth richest billionaire in the world as he beats Google co founder Larry Page.  Mukesh Ambani also holds the distinction of the only Asian tycoon in the exclusive list of World’s Top Ten Billionaires.

Mukesh Ambani is riding on the back of a series of investments into the company’s digital unit, Jio Platforms Ltd., which Reliance claimed made the company net debt free and also proved the COVID-19 pandemic has not affected the fortunes of Reliance Industries.

While a crash in oil prices caused uncertainty in a stake sale of Reliance’s oil and chemicals division, in just two months Jio managed to attract some $ 15 billion which is more than half the investment into telecom companies worldwide this year.  A report by popular equity and brokerage firm Sanford C. Bernstein predicted Jio is likely to capture 48% of India’s mobile subscriber market share by 2025.

Mukesh Ambani has an unmatched drive to become the biggest and the best industry leader in India as well as the world.  In India, Reliance officially became the biggest petrochemical company last year, when it surpassed government owned Indian Oil Corporation to become the country’s largest company by revenue.  Mukesh Ambani said “No power on Earth can stop India from rising higher (sic.)” during Reliance Industries latest Annual General Meeting (AGM.)

 

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Amazon To Deliver Liquor Online In West Bengal

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Amazon To Deliver Liquor Online In West Bengal

In what could be considered as a game changing move, e-commerce giant Amazon secured clearance to deliver liquor in the Eastern state of West Bengal.  The news comes according to a notice put out by the West Bengal State Beverages Corp, the state’s authorized agency to carry out online retail of liquor, on Friday.  The notice also said Amazon was one of the companies found to be eligible for registration with the authorities.

This move is significant as Indians consume a huge amount of alcohol but online deliveries have been prohibited, until now.  West Bengal is India’s fourth populous state and has a population of more than 90 million people.  Amazon was invited to sign a Memorandum of Understanding with the West Bengal state.  According to the estimates by IWSR Drinks Market analysis, the market Amazon is looking to make inroads into, is worth $27.2 billion dollars.

When the COVID-19 pandemic reached India, the Government declared a complete lockdown and sale of alcohol was completely prohibited.  When the lockdown rules were relaxed and the alcohol shops were allowed to happen, India witnessed a rush to the liquor stores like never before.  Following the reopening of wine stores, some States have allowed Swiggy and Zomato to deliver alcohol and the food delivery giants cashed in on the heavy demand.  

Each state sets its own alcohol sales policy.  West Bengal last month invited companies to express interest in “handling electronic ordering, purchase, sale and home delivery of alcoholic liquors from licensed retail outlets” to eligible legal-age consumers in the state.  Grocery delivery major, Big Basket also won approval to deliver alcohol in West Bengal state.

Let us know if you think India will allow online alcohol delivery in the future.

 

 

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