Budgeting time

Posted by Chris on 12/16/2017 to Digital Mediums
Budgeting time

Budgeting time

Planning ahead for next year, December is usually the month most businesses finalise the next economic period’s budget. 

Budgets are technical documents based on facts and accurate estimates. The elements classified as available funds are approved loans, money we actually have on hand and account receivables, contract agreements, agreed sales or standing orders. Predicted sales can also be counted in but only based on reasonable arguments and facts. Once realising how much money are available for spending, every business function or department will get its share according to what matters most for each business and what are the corporate visions and the objectives that set the priorities. Managers need to secure the operating capital...

Online Shopping

Posted by Chris Sempos on 12/11/2017 to Digital Mediums
Online Shopping
Online Shopping – Christmas Special

Christmas shoppers are still crowding in malls and the high street, but there is also a steadily increasing trend towards online spending that should be seriously considered. A significant piece of the global retail market has already shifted online. In 2017 it is expected to be slightly over 10% meaning that over 2.11 trillion dollars worldwide has been spent online this year. This is expected to be further increased, exceeding 15% by 2021.

Since the operating expenses are high and the profit margin is very low in most popular retail categories, a sales loss of over 10% can be very damaging for a retailer. This means that..

Artificial Intelligence in Advertising

Posted by Chris Sempos on 11/29/2017 to Digital Mediums
Artificial Intelligence in Advertising

AI in advertising

Artificial Intelligence powered campaigns will soon be dominating the web. AI uses machine learning to capture, analyse, manage and optimize the targeting of ads by defining the channels less used by competitors. As this not only increases advertising effectiveness but also drastically decreases cost, AI can take over classic analysis very fast. AI tools can provide marketing professionals lighting fast and super reliable insights on what are the keywords - key phrases - that are more effective for their target market at the lower possible cost.

The algorithm Facebook uses on...

Money for Nothing

Posted by Chris on 11/17/2017 to Digital Mediums
Money for Nothing

Money for Nothing

Every business is different and the audience on every market segment has different needs, wants and behavioral patterns. This is why not every strategy works for every business out there. Multiple factors need to be considered before setting up the exact media mix to be used and the specific objectives quested on each promotional strategy. The basic factors that need to be addressed first are budget, timing...

Planning Power

Posted by Chris on 11/4/2017 to Digital Mediums
Planning Power
Planning Power

While others have no idea if and when their marketing is successful or not some businesses have achieved a level of accuracy that allows them to define the exact performance of every activity. The most common reasoning for that is...

Social Media Science

Posted by Chris on 8/17/2017 to Digital Mediums
Social Media Science

Social Media Science

Out of the 3 billion users of the internet, over 2 billion of them have at least one active social media account. If we consider usage frequency, time spent, the messaging system, and the email notifications within each account, we can get glimpse of the colossal power of social media today.

The data collected and updated about each user’s age, education, locality, income status and much more like preferences hobbies, travelling and specific spending patterns are...

What Can Digital B2B Services do for your business

Posted by Chris on 7/30/2017 to Digital Mediums
What can Digital B2B Services do for your business

How to generate Digital Sales

Posted by Chris on 6/2/2017 to Digital Mediums
How to generate Digital Sales

How to generate Digital Sales

Before attempting to develop an online sales plan we first need to identify the differences and the similarities of the most popular online sales channels.  To widen their presence approaching potential customers through different offers, the most successful online merchants use more than one sales channel.

The Golden Ratio

Posted by Chris on 5/19/2017 to Digital Mediums
The Golden Ratio

The Golden Ratio

Finding balance between effectiveness and money spent in marketing is never easy. This can only be a product of hard work. To be effective, a marketing plan – that includes content, marketing activities, timing schedule, metric systems, aims, key performance indicators and budget - has to be custom build. The factors that need to be considered are...

How good is your Marketing?

Posted by Chris on 5/13/2017 to Digital Mediums
How good is your Marketing?

How good is your Marketing?

The latest results on digital marketing outcomes compared to the budget invested in 2017 seem to be inversely analogous. This means that although the budgets are rising the outcomes remain steady or decreasing.

For example the average spend per month on Pay Per Click (PPC) campaigns has risen to €210 from €190 in 2016, but the average Click Through Rate (CTR) that is the basic PPC metric has dropped from 2.6% to 2.5%. Similar results have been recorded on Search Engine Optimization...

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