Studies have proven that advertising consistently over time can
increase profitability by 30% or more. This is true because advertising
helps build brand recognition that ultimately influences purchasing
decisions. In our Internet driven world, a strong online presence works
like a robust advertising campaign and may be all you really need to
make more money and increase profitability.
This is the reality;
The
Internet has changed how consumers shop and interact. Almost everyone
has access to the Internet. In fact, almost all consumers now use the
Internet is some way to shop locally. As a result, using your online
presence to advertise and promote yourself and the products and services
you offer is more important than ever.
This is why:
The
consumer purchasing decision making process hasn't changed for thousands
of years. When a consumer has a need or desire, they search for a
solution, then they compare options, make a purchasing decision and a
post purchase evaluation.
What has changed over time is how the
availability of tools that help consumers work through the process. In
our world today the entire process can be accomplished without ever
talking to a salesperson or walking into a store. It can all be done
online.
The reality is this;
Consumers are in control. There
are search engines, social networks, business directories, websites and
mobile applications that consumers can use to search for products and
services, compare options and get recommendations without moving their
eyes off their computer or smartphone screen.
What that means is this:
If
you sell products or services, you must get your business listed on as
many search engines, social networks, business directories and mobile
platforms as possible. Creating a website and Facebook page isn't going
to do much to improve your online presence in the Internet world of
today.
If you don't have a strong online presence, a large segment
of potential customers may never even have the opportunity to consider
purchasing anything from you, because they don't know you exist.
A Strong Online Presence Promotes Brand Recognition and Trust
Your
online presence can define your brand. People identify with brands.
Developing your online presence helps convey a uniform quality,
credibility and experience. It will help you define who you are, what
you do, and can differentiate you from the competition. Your brand is
your identity; it helps you convey trust and develop relationships that
lead to customer loyalty and more sales.
This fact isn't surprising:
Surveys
indicate that consumers prefer to purchase products and services from
people and businesses they trust. You wouldn't purchase products or
services from people or businesses you don't trust, neither will anybody
else.
This however is really important;
These same surveys
indicate that consumers will pay more for the same product or service if
it is purchased from a person or a brand they trust. Consumers want to
be satisfied with their purchase.
Many studies have been conducted
that try to measure how consumers use and react to different types of
advertising and delivery platforms. Many of these studies confirm that a
strong online presence is important to consumers today. A study by
Neilson concluded that consumers now believe branded websites can be
trusted more than any other form of advertising other than the personal
recommendations from friends and family. Seventy percent (70%) of global
consumers now say they completely trust branded websites.
Branded
websites are themselves defined and identified by a strong online
presence that not only promotes credibility of the site itself, but
improves search engine ranking.
This in turn influences purchasing
decisions. In other words, a consumer's trust in the advertising type
and platform directly increases the probability that he or she will be
positively influenced by that advertising.
Creating a Strong Online Presence is Affordable
Traditional
advertising is expensive. More importantly, it's not nearly as
effective as it used to be. In fact surveys indicate that not many
people trust the advertising they see or hear on most traditional
advertising platforms. As a result, a random advertising campaign on
these traditional platforms is generally ineffective.
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