Using Big Data Analytics to Measure Digital Marketing ROI

measuring digital ROIDigital marketing has entirely transformed the way businesses reach out to prospective clients. The Internet’s vast reach has enabled companies to not only connect with a higher number of prospects, but do so in a more engaging manner in real time. As a result, marketing spend on digital channels – social media, specifically – has increased significantly over the years.

Citing a Duke University study, The Wall Street Journal recently reported spending on social media advertising, currently represents 9 percent of advertising budgets. That figure is expected to increase to 13 percent by next year and will likely account for 21 percent of the pie in the next five years. Digital marketing spend in general is forecasted to increase 11 percent in the next 12 months, while traditional advertising budgets are expected to contract 3.6 percent.

How To Generate More Leads For Your Business

Lead generation 101: Know what customers like Successful lead generation strategies start with understanding a target market and exploiting certain wants and desires. Businesses can’t expect to effectively interact with potential leads if they’re sending useless rhetoric during an outreach campaign, so it’s critical for marketers to not only communicate on channels where consumers are…