Digital Marketing Assignment
Digital Marketing Assignment
Trade marketing and digital marketing are two distinct approaches to promoting a company's
services and products. The primary distinction between them is the marketing channel and cost.
Digital marketing is less expensive and allows for exclusive targeting of an interested audience.
It yields quantifiable and high ROI results, and personalized communication can be sent to the
target audience based on interests and behavior.
Trade Marketing
As a result, trade marketing focuses heavily on mass media to reach out to potential customers
and persuade them to make a purchase. Trade marketing is a less productive and more costly
marketing method. Another significant drawback of trade marketing is that it is geographically
constrained. However, due to its age, conventional marketing may be more effective in brand
creation.
Digital Marketing
Digital marketing is a modern marketing approach used by firms to promote their products and
services in order to improve sales. Digital marketing entails the use of digital advertising
channels such as search engines, social media platforms, video marketing, email marketing,
influencer marketing, affiliate marketing, and so on.
Digital marketing is more effective in reaching and engaging target audiences because it allows
firms to send personalized messages and adverts based on their interests and behavior. It also
enables real-time monitoring of their effectiveness. It is also a less expensive method of
increasing sales.
Difference Between Trade and Digital Marketing
Conversion The conversion rate for trade The conversion rate for digital
marketing is low. marketing is really high.