Traditional marketing has been centered around companies taking action to initiate a conversation, meaning companies are focused on finding customers. This is done by sending out a message to an audience through TV commercials, print ads, and cold calling. This form of marketing is called outbound marketing and it is starting to lose its effectiveness. We now have technologies like spam filtering, caller id, Tivo, and other measures to block out these outbound marketing techniques. It is also costly to create outbound marketing messages and difficult to track how successful or unsuccessful the campaign was.
We live in a world where things change everyday. Even the way we market has changed immensely. We have turned away from our traditional forms of marketing and have adapted something different called inbound marketing. This new form of marketing is centered around being found by customers. Companies that participate in inbound marketing take the stress of hoping the money they spent on expensive ads will somehow attract some new customers. Companies using inbound marketing utilize techniques such as writing a blog, creating a YouTube video, and constructing a presence via social media to draw customers in.
Inbound marketing is an efficient way to attract customers. It is less costly than outbound marketing, especially since many social media outlets are free to use. It also allows for more accurate targeting. Instead of sending a message to a large amount of people, inbound marketing allows messages to be formed specifically to certain people that you want to hear the message. The secret to a valuable inbound marketing campaign is through content and communication. If a company focuses on useful and confident content, people will find it and like it. Communication is also key to creating a conversation with potential customers because it could turn into a beneficial business relationship.