Analyzing Effective Digital Marketing Strategies for Online Merchants

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Poonam Mirwani, Santosh Tirathdas Karmani, Sachin Vilas Acharekar, Abhishek Srivastava, Mukesh Agarwal

Abstract

In today's extremely competitive business environment, digital marketing has evolved into an essential component that must be present for an online retailer to achieve success and sustain development. The purpose of this research is to investigate successful digital marketing methods for online retailers, with a particular emphasis on gaining an understanding of the main components that contribute to the accomplishment of a digital marketing campaign. In the beginning of the paper, we discuss the significance of digital marketing in the context of online retailers. More specifically, we focus on the necessity of efficiently reaching and engaging with one's target audience while they are in the digital arena. The article then looks into a variety of approaches that online retailers take in order to make the most of their digital marketing efforts. The investigation covers a comprehensive variety of digital marketing tactics, such as search engine optimization (SEO), content marketing, social media marketing, email marketing, influencer marketing, and paid advertising. Each tactic is analyzed in terms of the overall marketing objectives of online retailers, the ways in which it might be applied, and the possible impact it can have on those objectives. The significance of making decisions regarding digital marketing initiatives based on analysis of data is investigated in this study. It places an emphasis on the significance of monitoring and conducting an analysis of key performance indicators (KPIs) as a means of determining the degree to which particular marketing tactics are successful. In addition, the abstract emphasizes the significance of personalization and targeting in digital marketing, drawing attention to the fact that marketing communications should be tailored to the specific demographics of target audiences. This research is exploring the key components of effective digital marketing strategies for online merchants & also provided insights and practical recommendations for online merchants to optimize their digital marketing efforts.

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How to Cite
Poonam Mirwani, Santosh Tirathdas Karmani, Sachin Vilas Acharekar, Abhishek Srivastava, Mukesh Agarwal. (2023). Analyzing Effective Digital Marketing Strategies for Online Merchants. European Economic Letters (EEL), 13(3), 701–708. https://doi.org/10.52783/eel.v13i3.352
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