Why Should a Business Implement Digital Marketing?

If you’re still on the fence about whether your business should or should not do digital marketing, let’s go through these statistics data. 

Online Consumer Behavior:

    • Over 4.8 billion people worldwide are active internet users, accounting for approximately 62% of the global population.
    • 93% of online experiences begin with a search engine.
    • 81% of consumers conduct online research before making a purchase decision.
    • 72% of consumers prefer to connect with businesses through digital channels.

Mobile Internet Usage:

    • Mobile devices account for approximately half of the global website traffic.
    • More than 3.8 billion people worldwide use smartphones.
    • 73% of consumers use mobile devices to access the internet.
  • 69% of digital media time is spent on mobile devices.

 

E-commerce Growth:

      • E-commerce sales are projected to reach $6.38 trillion globally by 2024.
      • During the COVID-19 pandemic, global e-commerce sales increased by 27.6% in 2020.
      • 87% of online shoppers begin their product search on digital channels.

Social Media Influence:

    • There are over 4.2 billion active social media users worldwide.
    • 54% of social media users use platforms to research products.
    • 71% of consumers are more likely to make a purchase based on social media referrals.
    • 90% of social media users have used social media to communicate with a brand.

Return on Investment (ROI):

    • Digital marketing generates an average of $2.75 for every $1 spent.
    • Small businesses that utilize digital marketing techniques have 3.3 times higher chances of expanding their workforce and business.
    • Businesses that actively engage in content marketing experience 6 times higher conversion rates compared to businesses that don’t.

Customer Engagement and Personalization:

    • 72% of consumers expect brands to personalize communication and offerings.
    • Businesses that personalize their web experiences see an average of 19% increase in sales.
    • 80% of consumers are more likely to do business with companies that offer personalized experiences.

These statistics demonstrate the significant impact and potential benefits of establishing a digital presence and implementing digital marketing strategies. It is crucial for businesses to adapt and leverage digital channels to reach and engage their target audience effectively in today’s digital-driven world.

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Torrance, a bustling city nestled within the vibrant expanse of Los Angeles, is not only known for its picturesque landscapes but also for its thriving economy. As the digital era reshapes the business landscape, Torrance-based businesses have an incredible opportunity to propel their growth through the strategic adoption of digital marketing. In this blog, we delve into Torrance’s economic scene and explore the untapped potential that digital marketing holds for businesses in this dynamic city.

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