The Impact of Digital Marketing in Financial
Digital marketing is the modern way of advertising products using digital tools, mainly the internet.It's deeply rooted in the online world, helping to change how people see a brand from the company's perspective to the consumer through different online platforms.The way digital marketing is done has changed a lot, leading companies to use technology in new and creative ways to advertise.Online platforms are being used more and more as full advertising plans, with people choosing digital ads like those on mobile phones, computers, laptops, and tablets instead of going to physical stores.Digital marketing also includes things like search engine optimization (SEO), which is a natural way for websites to appear higher in search results, pay per click (PPC) or search engine marketing (SEM), creating content to attract customers, email marketing, using social media, and optimizing social media profiles for better visibility.All these areas are growing as e-commerce becomes more popular.This research is about the influence of digital marketing strategies on the financial performance of organizations across diverse sectors, and this study evaluates the role of digital marketing metrics, including Return on Investment (ROI), Customer Acquisition Cost (CAC), and Customer Lifetime Value (CLV), in enhancing profitability.A variety of analytical instruments and econometric models are utilized to elucidate the correlation between digital marketing initiatives and financial results, such as revenue growth, profit margins, and stock market performance.1.To evaluate the influence of expenditure on digital marketing on the financial outcomes and profit margins of the company.2. To ascertain the correlation between metrics related to digital marketing (Return on Investment, Customer Acquisition Cost, Customer Lifetime Value) and the financial performance of the organization.3. To examine the efficiency of various digital marketing approaches in achieving financial prosperity.
Authors
- V. Anitha (ORCID: https://orcid.org/0000-0002-0414-0065)
Publication Details
- Journal
- International Journal of Research Publication and Reviews
- Published
- 2024-12-01
- DOI
- https://doi.org/10.55248/gengpi.5.1224.0226
- Citations
- 1
- Primary Topic
- Digital Marketing and Social Media
- Type
- article
- Field-Weighted Citation Impact
- 1.13