A marketing platform enables businesses to promote their products and services online in an increasingly technical environment. These platforms can also serve as a helpful source of data and as a link between companies and customers. If you’re looking for a way to promote products more effectively, it might be helpful to learn more about marketing platforms and what they offer.
In this article, we discuss what marketing platforms are, explain why they’re important and list several basic types of marketing platforms.
What is a marketing platform?
A marketing platform is a tool that links marketers and consumers and builds awareness, engagement and community. The first goal of an effective marketing platform is to help companies build relationships with consumers. The second goal is to enable companies to convert their prospects into customers and provide products or services. A marketing platform also offers companies the ability to target individual consumers and personalize marketing messages to them.
Digital marketing tools enable businesses to reach large numbers of consumers and potentially expand their reach through public comments and shares. Examples of platforms include email applications, tools for creating websites or other content and social media sites. These platforms provide organizations with the ability to perform multiple business and technology tasks, such as online purchases, optimization and performance data tracking.
Why are marketing platforms important?
There are several reasons marketing platforms are important for modern businesses, including:
Guiding the buyer’s journey: Platforms allow companies to guide the buyer’s journey by identifying where the customer is in the sales process. They can customize messaging to address a specific phase and simplify the decision process for the user by promoting relevant products and services at the appropriate time.
Allowing for growth and scalability: Marketing platforms bring producers and consumers together via existing networks and may allow companies to grow their audience rapidly. These platforms can enable businesses to reach more markets, grow brand awareness and increase their sales.
Attracting technology users: Many consumers use online marketing channels like email and social media platforms. Consumers also use cell phone technology for researching and purchasing products. Some users prefer interacting with brands via online messaging tools instead of physically going to a store.
Creating technological leverage: Artificial intelligence (AI) advancements provide the technology for marketers to reach consumers digitally. It can also target specific groups of consumers, increase value for consumers and improve the results of marketing efforts for brands.
Types of marketing platforms
There are multiple marketing platforms available to help marketers improve the sales process and increase visibility, such as:
Email marketing platforms
Email marketing gives brands the opportunity to build a community of interested prospects and customers and offer promotions. This makes it an effective tool for building brand awareness and increasing conversion rates. Email marketing platforms may also provide detailed data analysis to help companies evaluate the effectiveness of individual marketing efforts, such as email open rates, customer conversion rates and split testing.
Social media marketing platforms
Social media platforms enable brands to promote highly targeted marketing messages and ads to prospects, build community and share interesting testimonials. They also let businesses engage directly with consumers to build customer loyalty and a referral base. Brands can use social media platforms to create engaging content for users to share, which may increase brand recognition.
Content marketing platforms
Content marketing platforms enable companies to address all stages of the buyer’s journey in their marketing messages. For instance, blogs or social media posts can inform consumers in the early stages of the buyer’s journey about the products and services of a company. Other posts can offer testimonials and share purchase links for consumers who are interested in the offers. This can make marketing more efficient for companies since they can target prospects through a single marketing channel.
Search engine optimization marketing
Search engine optimization (SEO) may improve the results of content marketing. Marketers use highly targeted keywords in their online material and other SEO tactics to optimize content and increase ratings. The highest-ranked sites usually perform better with online searches, so investing in SEO marketing may lead to increased sales.
Read more: Definitive Guide to SEO Marketing
Video marketing platforms
Video marketing is a type of content marketing focused on the production of video content. Video marketing can enable businesses to make a deeper connection with their customers. Using responsive videos may enable companies to develop more engaging and effective video marketing strategies.
Brand collaboration and influencer marketing
Brands can partner with other brands, celebrities and experts to promote products and affect purchase decisions via social media and online methods. Targeting the audiences of two or more businesses may double the marketing impact of each company involved. For instance, a digital camera company may partner with a sports product supplier to promote its products. Users might create and share videos of sports products with the brand’s digital camera, allowing both companies to gain brand awareness and potentially increase their sales.
Online marketplaces are e-commerce sites that connect sellers with buyers. Some online marketplaces are extremely large and sell products from distributors to consumers. Other online marketplaces make it possible for small business owners to produce products, offer them for sale and find customers to purchase their products. They may also enable companies to sell both physical and digital products.
Some platforms connect service providers directly to consumers and contain the necessary back-end server components for fulfilling sales. This type of service platform allows organizations to outsource the complicated technological architecture to complete complex transactions. For example, consumers can rent apartments or hotel rooms using service-oriented platforms. The platform may enable property owners to connect with people who want to rent rooms. Another example of a service-oriented platform is a food delivery service that connects restaurants and delivery drivers, allowing restaurants to offer food delivery without hiring additional staff.
Pay-per-click allows marketers to purchase ads on other websites or search engines to attract interested consumers. Algorithm changes don’t affect PPC ads, which can make this marketing tool resilient. There are several other benefits of PPC advertising, such as:
Providing organizations with the opportunity to have more website traffic
Making customizable ads, which is a cost-effective way of reaching target audiences
Allowing companies to use real-time comparison checks to test and revise ads while they’re running
All-in-one marketing platforms
All-in-one marketing platforms provide a variety of integrated marketing solutions to businesses. For instance, they may provide email marketing, lead management, event management, websites and landing pages, site analytics and split testing. While these types of platforms provide an array of services, they frequently specialize in one or two aspects of their service offering.