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The relationship between Digital Marketing and organizational Performance Companies are aware of the need to adapt to the rapid adoption of digital marketing use if they want to grow and compete against their competitors however, as highlighted by Malesev & Cherry (2021). It’s all well and good knowing the benefits that digital marketing holds, yet for organizations to be able to leverage these favorable conditions, they need to develop relevant digital capabilities (Tolstoy et al., 2022). It is quite clear that although the importance of digital marketing is known, teams are struggling to maximize its potential. What the value of each channel is in serving business clients, how to seamlessly integrate those channels in (existing) structures, and how to optimize conversion from one point to the next is far from clear from extant knowledge (Herhausen et al., 2020). The usage of digital media has altered the manner in which marketers interact with customers today. This shift in marketing has contributed to the explosive rise of digital ads, indicating the effectiveness with which digital marketing reaches target demographics and meets growth objectives such as brand exposure, lead generation, customer engagement, increased revenue, and lower support costs (Ritz, Wolf, &McQuitt, 2019). According to Sharma and Thakur (2020), digital marketing is a relatively new phenomenon in marketing strategy that facilitates promotion and interactions with customers through innovative advertising such as targeted display advertisement (personalized content, time, and delivery) on digital platforms such as social networking (Facebook, Twitter, Instagram, LinkedIn), blogs (Quora, Pinterest), multimedia advertisement, online search engine commercials (Yahoo, Google, Bing), e-mail marketing, and e-commerce (polls, gaming, and mobile marketing) (Lee & Cho, 2020). Currently, the digital economy leads to enhanced competitiveness, owing to the importance of digital platforms in terms of organizational performance and growth (Garcia, Lizcano, Ramos, & Matos, 2019). The environment in which firms operate is always changing, with organizations re-evaluating their operations as the fast rise of information and communication technologies (ICTs) affects the character of business on a daily basis, giving attractive growth opportunities (Pandey, Nayaland, & Rathore, 2020; Telanga,2018; Kedar & Sathe, 2016). This concept has caused many organizations to consider how digital platforms may be strategically used to their advantage in order to maximize performance (Shirisha, et al.., 2018). From the above literature review draft a conclusion in one paragraph with references

Question

The relationship between Digital Marketing and organizational Performance Companies are aware of the need to adapt to the rapid adoption of digital marketing use if they want to grow and compete against their competitors however, as highlighted by Malesev & Cherry (2021). It’s all well and good knowing the benefits that digital marketing holds, yet for organizations to be able to leverage these favorable conditions, they need to develop relevant digital capabilities (Tolstoy et al., 2022). It is quite clear that although the importance of digital marketing is known, teams are struggling to maximize its potential. What the value of each channel is in serving business clients, how to seamlessly integrate those channels in (existing) structures, and how to optimize conversion from one point to the next is far from clear from extant knowledge (Herhausen et al., 2020).

The usage of digital media has altered the manner in which marketers interact with customers today. This shift in marketing has contributed to the explosive rise of digital ads, indicating the effectiveness with which digital marketing reaches target demographics and meets growth objectives such as brand exposure, lead generation, customer engagement, increased revenue, and lower support costs (Ritz, Wolf, &McQuitt, 2019). According to Sharma and Thakur (2020), digital marketing is a relatively new phenomenon in marketing strategy that facilitates promotion and interactions with customers through innovative advertising such as targeted display advertisement (personalized content, time, and delivery) on digital platforms such as social networking (Facebook, Twitter, Instagram, LinkedIn), blogs (Quora, Pinterest), multimedia advertisement, online search engine commercials (Yahoo, Google, Bing), e-mail marketing, and e-commerce (polls, gaming, and mobile marketing) (Lee & Cho, 2020).

Currently, the digital economy leads to enhanced competitiveness, owing to the importance of digital platforms in terms of organizational performance and growth (Garcia, Lizcano, Ramos, & Matos, 2019). The environment in which firms operate is always changing, with organizations re-evaluating their operations as the fast rise of information and communication technologies (ICTs) affects the character of business on a daily basis, giving attractive growth opportunities (Pandey, Nayaland, & Rathore, 2020; Telanga,2018; Kedar & Sathe, 2016). This concept has caused many organizations to consider how digital platforms may be strategically used to their advantage in order to maximize performance (Shirisha, et al.., 2018).

From the above literature review draft a conclusion in one paragraph with references

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Solution

In conclusion, the relationship between digital marketing and organizational performance is significant and multifaceted. Digital marketing, with its innovative advertising strategies and platforms, has revolutionized the way businesses interact with customers, leading to increased brand exposure, customer engagement, and revenue (Sharma & Thakur, 2020; Lee & Cho, 2020). However, to fully leverage the potential of digital marketing, organizations need to develop relevant digital capabilities and understand how to integrate and optimize these channels (Malesev & Cherry, 2021; Tolstoy et al., 2022). The digital economy, driven by the rapid rise of ICTs, offers attractive growth opportunities and enhances competitiveness, necessitating organizations to strategically utilize digital platforms for maximizing performance (Garcia, Lizcano, Ramos, & Matos, 2019; Pandey, Nayaland, & Rathore, 2020; Telanga,2018; Kedar & Sathe, 2016; Shirisha, et al.., 2018). Therefore, the effective use of digital marketing is crucial for organizational performance and growth in the contemporary business environment.

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Similar Questions

The relationship between Digital Marketing and organizational Performance Companies are aware of the need to adapt to the rapid adoption of digital marketing use if they want to grow and compete against their competitors however, as highlighted by Malesev & Cherry (2021). It’s all well and good knowing the benefits that digital marketing holds, yet for organizations to be able to leverage these favorable conditions, they need to develop relevant digital capabilities (Tolstoy et al., 2022). It is quite clear that although the importance of digital marketing is known, teams are struggling to maximize its potential. What the value of each channel is in serving business clients, how to seamlessly integrate those channels in (existing) structures, and how to optimize conversion from one point to the next is far from clear from extant knowledge (Herhausen et al., 2020). The usage of digital media has altered the manner in which marketers interact with customers today. This shift in marketing has contributed to the explosive rise of digital ads, indicating the effectiveness with which digital marketing reaches target demographics and meets growth objectives such as brand exposure, lead generation, customer engagement, increased revenue, and lower support costs (Ritz, Wolf, &McQuitt, 2019). According to Sharma and Thakur (2020), digital marketing is a relatively new phenomenon in marketing strategy that facilitates promotion and interactions with customers through innovative advertising such as targeted display advertisement (personalized content, time, and delivery) on digital platforms such as social networking (Facebook, Twitter, Instagram, LinkedIn), blogs (Quora, Pinterest), multimedia advertisement, online search engine commercials (Yahoo, Google, Bing), e-mail marketing, and e-commerce (polls, gaming, and mobile marketing) (Lee & Cho, 2020). Currently, the digital economy leads to enhanced competitiveness, owing to the importance of digital platforms in terms of organizational performance and growth (Garcia, Lizcano, Ramos, & Matos, 2019). The environment in which firms operate is always changing, with organizations re-evaluating their operations as the fast rise of information and communication technologies (ICTs) affects the character of business on a daily basis, giving attractive growth opportunities (Pandey, Nayaland, & Rathore, 2020; Telanga,2018; Kedar & Sathe, 2016). This concept has caused many organizations to consider how digital platforms may be strategically used to their advantage in order to maximize performance (Shirisha, et al.., 2018). From the above literature review draft a conclusion in one paragraph with references

5 Recommendations for the study about the impact of digital marketing on organizational performance

Areas of Further Research in digital marketing and organizational performance

The study recommends that firms should only put their resources on those digital strategies that have greater impact on sales performance. . In order for digital marketing strategies to be effective, all the stakeholders have an obligation to support the adoption and implementation of digital marketing processes as no department within an organization is independent. Due to the high growth rate of social communities most businesses ought to realize the potential of digital marketing in reaching the larger audience. The study recommends that the sooner the marketers dive in and begin experimenting in the Digital Marketing Platforms, the more successful they will be in the future. The use of digital communication platforms is important to organizations so as increase their visibility and increase their customer base and improve on the sales performance. The study further recommends that organizations should come up with digital marketing strategies such as driving traffic. This includes keyword strategy where the organizations insert related keywords into content will help your content and website show up in more search results, this leads to higher volumes of web traffic. Website optimization is also recommended to ensure that their website is optimized and functioning at its best is essential since people don’t want to visit a website that doesn’t work properly. Paraphrase the above statements

• The effect of digital marketing strategies on the competitive advantage in an organization • The impact of digital marketing on business development • The relationship between digital marketing and consumer purchasing decisions Paraphrase the above statements

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