Why Inbound Marketing Makes Sense in a Recession
Why Inbound Marketing Makes Sense in a Recession
As the economy slows down, companies are turning to Inbound Marketing because it is a more efficient way of allocating marketing resources than traditional, outbound marketing. As Brian Halligan puts it: “When you’re inbound marketing, the thickness of your brain matters a lot more than the thickness of your wallet.”
There are three specific ways Inbound Marketing improves on the efficiency of traditional marketing:
- It Costs Less – Outbound marketing means spending money – either by buying ads, buying email lists or renting huge booths at trade shows. Inbound Marketing means creating content and talking about it. A blog costs nothing to start. A Twitter account is free, too. Both can draw thousands of customers to your site. The marketing ROI from inbound campaigns is higher.
- Better Targeting – Techniques like cold-calling, mass mail and email campaigns are notoriously poorly targeted. You’re reaching out to individuals because of one or two attributes in a database. When you do Inbound Marketing, you only approach people who self-qualify themselves. They demonstrate an interest in your content, so they are likely to be interested in your product.
- It’s an Investment, Not an Ongoing Expense – When you buy pay-per-click advertising on search engines, its value is gone as soon as you pay for it. In order to maintain a position at the top of Google’s paid results, you have to keep paying. However, if you invest that money in quality content that ranks in Google’s organic results, you’ll be there until somebody displaces you.
314media can provide a solution for your business that brings together blogging, social media, and search engine optimization. Contact us for a risk-free quote to learn how your business can benefit from inbound marketing and get started today.