How Does Digital Marketing Affect Consumer Behavior
The internet is the most widely-used medium for information sharing, communication, entertainment, and shopping. This new addition to our world has completely redefined what it means to sell, communicate, and market. Therefore, while fundamental human nature has not changed, humanity’s expectations have shifted dramatically; and this shift is a direct result of digital marketing.
Here is a breakdown of exactly how digital marketing affects consumer behavior:
Heightens Customer Expectations
Before digital marketing (and internet purchases) became the premier way to buy items, customers were subject to long waits, sold-out items, and only what they could get through their local stores or catalogs. Essentially, consumers were utterly dependent on the market of their area. If their location did not offer a product or did not offer a product at a specific price point, consumers either went without or paid the price.
Now, with digital marketing, customers want everything the world has to offer, and they want it now. Additionally, they want it at a fair price. Digital marketing has put a price and timeline on everything, whether quality, cost, or convenience.
The good news is that digital marketing has also expanded the product pool, allowing many different companies to offer the same customer their price and expertise. Having this range of options will enable customers to find a seller that checks all of their high expectations and can give them exactly what they want, when they want it, for the price they want it.
Opens a One-on-One Dialogue with Customers
It wasn’t too long ago that writing a letter or making a phone call was the only way to get in touch with a company or corporation. Everyone had their place, and frankly, companies could afford to ignore most of their critics because there were still many other customers who would never know about any harmful interactions. However, the customer has reviews and social media tools, which bring their comments, good or bad, to a worldwide stage.
Instead of being a big, scary corporation, digital marketing has brought the business down to the consumers’ level. Now, companies and corporations need to create a rapport with the individual customer on a one-on-one level. If they do this well, they do well. If they don’t, they’re typically not around for very long.
Produces More Informed Customers
Different businesses and companies' ability to engage in digital marketing has opened up customers’ opportunities to expose phony companies. Instead of taking their chances with a couple of companies selling what they need, customers can do extensive research to find the company that is right for them. Rather than going into town and getting whatever the customer feels is the most quality product for the right price, they have reviews, information, product descriptions, and company values to aid them.
This information helps them purchase products in the best way, regardless of geographic location.
Digital marketing affects consumer behavior by heightening customer expectations and opening a one-on-one dialogue with companies. This ability ultimately produces smarter, wiser, and more informed customers.