Comparison and Difference between Traditional Media Vs Digital Media can be understood from the above image.
We are targeting users using different mediums of advertisement in our image.
Traditional Media uses marketing materials like: News Paper Ads, Radio and TV Commercials, Flyers and Brochures Distribution etc. to promote any business or service.
Digital Media uses Electronic Devices with Internet to promote business using graphical and text ads. Devices like Smartphones, Laptops, and Computers etc. with internet connectivity are used to promote business and services online. Thus the type of Marketing done using Digital Media is termed as Digital Marketing.
Let’s consider some parameters like :
Digital Media is cheaper as compared to traditional media methods.
Example: You can start Digital Marketing (paid adverts) with any budget as low a 2$ or 120 Rs. approximately.
Things like setting up facebook pages, Google Plus profile, Twitter, Instagram for branding will not cost you a penny.
You can start sharing your brand’s content to your friends and colleagues instantly. If you want to create a website you can buy domain names starting from INR 199/- and hosting at INR 899/- Per year.
i.e Your website will be up and running in 1000/- Rs. If you know setting up things like wordpress etc.
If you are busy working and you don’t have time for setting up your digital profiles you can hire a Digital Marketing expert from approximately INR 3000/- Per Month for doing basic seo and smo of your website.
Costing depends as per the amount of users you are targeting. We have seen users succeeding with an initial budget of INR 5000/- Per month for Digital Marketing.
One case is if you have good amount to invest in branding and if you are already using expensive advertising methods like television commercials, big ad in newspapers, banner and hoarding advertising etc.
In that case you can decide any budget for Internet Advertising and the results will be proportional.
Budget of Various Traditional Marketing activities:
a. News Paper Ad : Minimum 1500 Rs for a small classifieds ad for one day with a reach of 1,00,000 readers
A Classifieds Ad in websites like Olx, Quikr, Trademyad is free with a global reach of upto 10-12 lakh viewers.
b. Television Ad : Cost of development = Approximately 10-12 Lakh minimum for 10 – 20 Seconds ad & cost of advertising in good channels is 1,40,000 Rs per second on an average.
A Video Ad can be promoted for free OR paid in youtube / facebook / instagram etc. and only in Rs. 1,00,000 budget you will do wonders.
c. Banners / Hoarding : Average cost per month of a hoarding in city like Lucknow / Kanpur / Varanasi is Maximum Average – 2-2.5 Lah and Minimum average – 10,000 Rs.
In this budget you can reach a National or Global audience of atleast 20,000 Unique customers who are specifically in search of services you are providing.
This is a big advantage of Digital marketing over Traditional Marketing that how many people saw your advertisement can be accurately measured and analysed.
You will get details like
number of impressions you received on your ads,
number of converted leads,
unique visitors count,
returning visitors count,
nationality of users,
locality of users,
name of browser used,
operating system, etc.
Your analytics team can work on the numbers and take intelligent decisions.
It is very difficult to count number of people who viewed your newspaper ad, you cannot tell the exact amount of people who saw your hoarding, same thing applies to a television ad as well.
In case of analytics of traditional marketing methods you have to rely on the data provided by the advertising agencies which is a rough estimate based on .
C. Online Selling Vs Traditional Selling : Online selling requires less investment and audience reach is limitless.
D. Targeted Customers / Clients
You can target customers based on following parameters :
1. Location : Country, City, Area, zip / pin code wise etc.
Tools like google adwords manager or facebook adverts manager provide options to target clients in a particular location and you can invest as per your budget.
2. Gender : Male, Female or all.
3. Age Group : 15-20, 20-35, 35-50 etc.
4. Operating System / Device type etc.
Example: If you want to show your advertisements to user of Apple Macbook only. An example is If you have a software for mac users only.
Targeting customers in a location is possible in traditional media but targeting age / gender etc. is not possible.
Digital Marketing Online Tutorial Index Page – https://slidescope.com/step-step-digital-marketing-seo-tutorial/