Effectiveness of Digital Marketing Activities: A Review of Key Challenges, Benefits and Opportunities
摘要
By embracing digital marketing, B2B companies can drive their business growth significantly, increase customer reach, effectively engage with the clients, and gain a competitive edge in the market. The study work is based on literature review conducted on several areas of digital marketing including the opportunities and challenges associated with it. The research has found that there is immense potential for digital marketing in the B2B business which comes at the cost of meeting the challenges such as meeting the data privacy regulations, transparency, spread of fraudulent links through digital marketing channels, etc. Understanding these challenges, the study work has presented best practices and proposed recommendations to further strengthen the B2B business landscape through effective digital marketing activities. Some of the key recommendations proposed are ChatBots and analytical tools should be extensively used to enhance customer experience and engagement, demonstrating vision and commitment to the customers, ensuring accuracy and consistency in marketing content and activities to ensure consistency of the marketing activities with the regulations and vision and commitment of the company, conducting regulatory assessments to mitigate regulatory risks such as financial penalties and conducting frequent quality checks to ensure adequacy of the marketing content and avoiding copyright infringements. The limitations of the study are limited time and capital because of which site visits at the B2B companies and interviews with the related stakeholders were not conducted which could have significantly enhanced the study findings.