What are the benefits of organic and paid digital marketing?
Even though it offers results in the long run, one of the biggest advantages of an organic marketing strategy is that it is cost-effective. You can get started without spending excessively, whether you’re building /optimizing a website, creating blogs, or engaging via social media platforms. When you work on it consistently, the way in which organic marketing benefits you is that it builds presence on SERP and generates interest in your brand. Besides, in the long run it draws more and more traffic to your organization.
On the other hand, paid marketing requires you to spend, but it is cost-efficient. For instance, you only pay when someone clicks on your ad. Moreover, it allows for hyper-focussed targeting based on demographics, geographical areas and even behaviours, giving you ample control and better quality results, whether it’s more leads or quicker conversions. Also, when compared to organic marketing, you can see results almost instantly, and even alter your approach speedily, in real-time.
What are the drawbacks of organic and paid digital marketing?
The primary disadvantage of organic digital marketing is the amount of time it takes to show the desired results. It can take years before you see a significant shift. However, once you get it right, the benefits will also continue for a long time to come. That said, you must keep tabs on changing SEO trends and the user needs to constantly optimize your approach. This makes it a high-involvement exercise.
As the name suggests, paid marketing channels require you to provide funds up-front. Also, this approach requires experts to be on board, to ensure that your budget allocation is ideal, and yields the best possible results. Similar to organic marketing, here also you have to keep a tab on several metrics such as impressions, clicks, and CTR. You must use this data to refine your strategy and boost performance in return.
When it comes to this form of marketing, another thing to keep in mind is that the benefits last only as long as you’re paying. There’s no residual or lasting effect. Once you stop paying or take your ads offline, the benefits end immediately.