#3 Which few industries need marketing?

Marketing (including digital marketing) is demanded in many industries, especially during this pandemic where it not only changes everyone’s lifestyles, but also the companies.


The following is one of the few industries that really needs marketing:


 1) Education industry


Education industry is an excellent industry in which to pursue a marketing career is education, which, according to the CMO survey, spends 12% of total revenues on marketing. The education industry encompasses all schools, colleges, and universities, as well as the rapidly expanding online educational market. Marketing jobs in this industry are expected to grow by 5% over the next year. 






Do you think marketing is just traditional marketing? NOOO! Rather than having traditional marketing alone, Digital marketing is now more than just a trend… According to research, it shows that In 2022, the Digital Advertising market is expected to grow by 1.2 percent in the programmatic segment.

Billboard marketing, newspaper print ads, flyers, radio commercials, and so on have been left bleeding in the shadow of digital marketing. Except for larger, international brands and well-established smaller businesses, no one thinks of traditional marketing methods any longer. However, getting a return on investment from digital marketing is extremely effective and should be a top priority for any serious business. This is why Digital Marketing is needed:

-        The presence of a global audience online facilitates interaction with existing and prospective customers.

-        A digital marketing strategy is significantly less expensive to develop.

-        Most importantly, digital marketing produces a significantly higher ROI than any other type of traditional marketing.

-        Social media is an important part of our daily lives. We use social media for a variety of reasons, including keeping up with news and current events, finding entertaining content, filling up spare time, staying in touch with family and friends, playing games, and watching online TV and audio streaming.

-        With persuasive content writing, digital marketers generate potentially viral content, effective branding strategies, and posts that are highly liked or shareable, all while generating new leads and anticipating changes in sales trends.

-        They can communicate with the audience using a simple image or picture that can convey the meaning of a thousand words.

 

According to The Star, Digital marketers can pursue a variety of exciting career opportunities. Indeed, according to the Malaysia Digital Economy Blueprint, the government aims to create half a million jobs in the digital economy by 2025, with the digital sector expected to contribute 22.6 percent of the country's GDP.

 

These are few industries that uses digital marketing heavily:


1) Entertainment


 

It's no surprise that the entertainment sector is benefiting from digital marketing.

Not only does entertainment content have a major effect on public trends, but it is also one of the main types of content provided by digital platforms. Popular television programes and digital exclusives are a natural target for people in the entertainment business, aiming OTT advertising efforts at the viewing demographic most likely to like both the show they are watching and the entertainment content being promoted.

The entertainment sector is also well represented on a number of social media platforms and employs a variety of types of social media advertising to grab customers' hearts and minds. The use of social media influencers and micro-moment targeting complements the industry's digital marketing efforts, offering a multi-pronged strategy to promoting shows, movies, and events that industry participants hope consumers will embrace.



2) Nutrition and fitness



The fitness business is worth about $80 billion per year and is constantly expanding.

 

When the target customer for fitness and nutrition marketing is considered, as well as the main methods in which the sector concentrates its marketing tactics, it is simple to understand why the industry enjoys such a high return on its advertising expenditure.

 

The photogenicity of the fitness and nutrition industry's goods and services is one of the keys to its success. The industry's target demographics include people who want to become in better condition and those who want to stay in good form. Bodybuilders and personal trainers are utilised in advertising and as influencers on highly visual social media platforms such as Instagram, and this naturally leads to product and service marketing.

 

The marketing approach focuses on the outcomes that customers want to accomplish, and the visual form of the advertising material makes it simple for consumers to share.

 

 

 

https://study.com/articles/best_industries_for_marketing_jobs.html

https://www.thestar.com.my/starpicks/2021/08/02/digital-marketing-more-than-just-a-trend

https://www.statista.com/outlook/dmo/digital-advertising/malaysia#ad-spending

https://www.mediaculture.com/articles/5-industries-getting-the-most-from-digital-marketing


 



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