ADOPTION OF DIGITAL MARKETING TOOLS AND TECHNIQUES FOR SUSTAINABLE BUSINESSES

Authors

  • Tetiana Kravchenko KROK Business School, “KROK” University
  • Olajide Solomon Oladokun KROK Business School, “KROK” University

DOI:

https://doi.org/10.31732/2663-2209-2021-64-114-119

Keywords:

digital marketing, marketing tools, digital marketing strategy, sustainable business, innovative technology

Abstract

Digital marketing refers to any marketing methods conducted through electronic devices, which utilize some form of a computer [1]. This includes online marketing efforts conducted on the internet. In the process of conducting digital marketing, a business might leverage websites, search engines, blogs, social media, video, email and similar channels to reach customers in targeted demographics. With digital marketing, engaging target customers stands a better chance than traditional methods, where business owners can only hope that target audience will see their marketing efforts. In recent years, there has been an ever-increasing rise in the number of internet users. The implications are that service users or product consumers are online, which emphasizes the importance of digital marketing. Digital marketing takes advantage of this reality, promoting business products and services across the internet. In this way, businesses ensure that their marketing efforts are more likely to reach customers, by targeting them where they spend most of their time. Unlike traditional marketing which is static and often referred to as “one-way” communication digital marketing is an ever-changing, dynamic process. Stated otherwise, customers cannot interact with business through a billboard or print advertisement, whereas digital marketing provides an avenue for two-way communication between a business and its actual or prospective customers. Using, real- world digital transformation cases, this article explores the concept of digital marketing in this internet age and seeks to help Nigerian business owners understand the efficiency of digital marketing tools in building sustainable businesses. Digital marketing is gaining predominance in marketing strategies across the globe as digitization is becoming present in business and real-world social relationships have been transitioned to the virtual world, resulting in online communities that bring people together from across the globe [2]. This study aims to access the efficiency of digital marketing tools in building sustainable businesses globally. This article uses qualitative and quantitative methods of data collection and analysis [3] to offer insights into the potential of digital marketing and its various tools in efficiently influencing sustainable business.

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Author Biographies

Tetiana Kravchenko, KROK Business School, “KROK” University

PhD (Economics), associate professor

Olajide Solomon Oladokun, KROK Business School, “KROK” University

student of Global Business Management Program

References

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The official website of Zigurat (2021), “5 Companies With The Most Remarkable Digital Transformation Strategies”, retrieved from : https://www.e-zigurat.com/innovation-school/blog/companies-digital-transformation-strategies/.

The official website of Hubspot (2021), “The Who, What, How and Why of Digital Marketing”, retrieved from : https://blog.hubspot.com/marketing/what-is-digital-marketing.

Yasmin, A., Tasneem, S., Fatema, K. (2015), “Effectiveness of Digital Marketing in the Challenging Age: An Empirical Study”, retrieved from : https://researchleap.com/effectiveness-of-digital-marketing-in-the-challenging-age-an-empirical-study/.

Bala, M., Verma, D. (2018), “A critical review of digital marketing”, retrieved from : https://www.researchgate.net/publication/328253026_A_Critical_Review_of_Digital_Marketing.

Mahoney, M. (2021), “31 Best Digital Marketing Campaigns You Can Swipe”, retrieved from : https://www.singlegrain.com/digital-marketing/best-online-marketing-companies/.

Panchal, H. (2018), “A Study on Digital Marketing and Its Impact”, retrieved from : http://ijariie.com/AdminUploadPdf/A_STUDY_ON_DIGITAL_MARKETING_AND_ITS_IMPACT__ijariie9004.pdf.

Rooke, M. (2020), “6 digital marketing technologies to help you raise your game”, retrieved from : https://www.fiftyfiveandfive.com/6-digital-marketing-technologies/.

The official website of Zigurat (2021), “5 Companies With The Most Remarkable Digital Transformation Strategies”, retrieved from : https://www.e-zigurat.com/innovation-school/blog/companies-digital-transformation-strategies/.

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Published

2021-12-23

How to Cite

Kravchenko, T., & Oladokun, O. S. (2021). ADOPTION OF DIGITAL MARKETING TOOLS AND TECHNIQUES FOR SUSTAINABLE BUSINESSES. Science Notes of KROK University, (4(64), 114–119. https://doi.org/10.31732/2663-2209-2021-64-114-119

Issue

Section

Chapter 6. Management and marketing