21/02/2020
Cost-effective digital marketing
Digital advertising is cost-effective, especially when you compare it with traditional advertising, which is much more expensive. For small businesses, the cost is understandably a big deal. They need to be very careful on how and what they spend their budget on since their resources are limited.
If you are an owner of a small company and you decide to go with traditional advertising such as print ads, billboards, a TV commercial etc., then you better be ready to spend.
Hiring a graphic designer is a given if you want ads that look like they are professionally designed. Aside from the expense of hiring a designer, there are also charges for getting the ad featured in a magazine or newspaper.
Now you might want to go the extra mile and have ads on TV or on the radio. That is great and opens up opportunities, but you also have to understand that costs will skyrocket (and usually not for much ROI, but we’ll get into that later).
You have no such issues if you choose to go digital. It is much more affordable, and there are even instances when it can be completely free of any cost. Posting on some social media platforms does not cost you anything. You get the unmatched reach of social media while saving money that you can use for other things.
Even when you do invest in digital advertising with Google Ads or Facebook Ads etc. the cost per 1,000 impressions or cost per click is infinitely less expensive than paying for a billboard or print ad (which may not reach as many people anyway!).