For someone new to the whole world of online marketing, it may seem like a vast and complex world to navigate and make sense of. I have had conversations with several owners of businesses varying in scale and most would rather have someone manage the whole process since the jargon being thrown around makes online advertising too technical.
However, there are numerous benefits advertising online offers your business, that even with a budget for hiring an expert, at least you should understand the basics. In this post, I will outline the five areas that form the basis of online marketing which you should first work on before getting to use paid advertising.
I have found these to be more effective with better returns on investment compared to the obvious options like using AdWords, pop-ups and auto videos. To give you a clear picture of the online advertising world, here are some statistics to bear in mind:
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In 2015, Adblocking saw publishers lose about $22 billion.
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91% of people find advertisements nowadays to be more intrusive than 2 years ago.
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81% of visitors have closed a browser or left a web-page due to a pop-up ad while 82% have done the same because of an auto-playing video ad.
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70% of consumers don’t like mobile ads.
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Across all industries, the average AdWords click-through rate for search is 1.91%, and for display 0.35%