Scope and Opportunities of Digital Marketing in India
In simple terms, we can define Digital Marketing as the
procedure of promoting goods and services online to customers. Various people
employ this technique in their respective fields for increasing their profits and
sales or even to create a better experience for their customers. India, after
Jio is very much active in the online
world of social media and the internet with almost everyone being online and
connected to the internet. This clearly proves the dependence of people on the
Internet these days.
Digital Marketing is mostly preferred because the old
marketing strategies are not so much effective in this modern industry and in
this technological revolution, the internet has taken everyone by storm. Digital
marketing was thus developed to be the next age of marketing techniques which
shall focus on the netizens more. This industry has been growing and developing
rapidly not only in India but globally. The job market is flourishing here and
booming with a 40 % growth rate and an increased pay scale. A lot of career
options await here as promoting business on a digital platform is a rapid and
definitive way of attracting mass audiences.
It was seen that Naukri.com which is India’s largest job
portal had advertised for more than 13k job opportunities in the category of
Digital Marketing in the first quarter of 2018 and it seems to end nowhere. It
is so because anyone can do digital marketing. It has not so hard to learn but
it is hard to master it. It belongs to those cluster of things which are easy
to learn but hard to master. Below are mentioned a few advantages of taking
Digital Marketing as your career option:
1. Higher Pay Scale: Digital Marketing The industry promises a high scale pay to its employees. A candidate with a less
than a year experience but proficient with tools, SEMs (Search Engine
Marketing) and Google Analytics can expect an average salary of 2 to 3 lakhs. A
mid-career specialist with an experience of 4 to 7 years can expect an average
salary of 7 to 8 lakhs. And an experienced specialist with 10+ years experience
can expect an average salary of 1 crore.
What we see here is that with every passing year of experience and
knowledge, one can always find a hike in their pay.
2. Endless Job Opportunities: The job
opportunities in this industry are ever-growing. This method of marketing is
eco-friendly, dependable, influential and user-engagement for business and is
able to target the mass audiences. The Government in our country also supports
the “Digital India” campaign and there is created more and more opportunities
like startups, etc. We have witnessed a lot of digital starts up like Paytm and
Zomato gains exponential growth in very few years.
3. Increased market revenue: It is being
assumed that by the year 2020, all the revenues generated from digital
classifieds would be doubled and the highest revenues are expected to be around
Rs. 23 billion. Because of this, all businesses shall have to be conducted
online in order to maintain the same pace and increase sales thereby earning
profit. This shall create a lot of job opportunities for new candidates and the
dynamics of Digital Marketing shall change at a very fast pace.
4. Affordable platform: Promoting business
on a digital platform is not only reliable and eco-friendly but also quite
affordable. For e.g., the creation of an ad on Facebook costs around Rs. 40 per
day and the average cost per click shall be Rs. 0.52 to Rs. 2.3. This is way
cheaper and convenient than printing an ad in a newspaper or a magazine. Also,
conventional schemes don’t really attract customers anymore. Big industries are
always looking for candidates who are able to use their marketing skills and
techniques to implement certain tools as per their needs.
5. Flexibility: Digital Marketing Industry
is known for its flexibility. There are umpteen branches in this industry
wherein the candidates can join as per their skills and knowledge on the tools.
For e.g., Digital Marketing Executive, the highest position in this industry,
SEO Analyst, Social Media Marketing Analyst, etc. depending on the experience
and the knowledge and proficiency of various skills, one can opt for any of the
above opportunities.
6. Digital Marketing Institutions: There
are a lot of institutions coming up as well who are willing to have a practical
approach towards this industry and offering various courses in advertising and
branding of products and services. Joining such institutions may help the
candidates grasp the required tools and techniques which are in demand in this
industry. It has also been found that 60% of professionals in this field got a
job because of their certifications from such institutions and landed them with
their desired job.
The internet penetration in India has grown rapidly leaving
big countries like the USA and the UK behind. Also, with the Government
supporting the “Digital India” campaign, it has very much aided in creating a
lot of job opportunities for people in our country. It is estimated that by the
year 2020, this industry shall create 20 Lakhs jobs per year for the people.
The scope of Digital Marketing is slowly and slowly growing day by day. It is
known to be the most powerful way of marketing.
Digital Marketing is not only a way of E-commerce but much
more than that. It is an extremely advantageous way for companies to promote
their goods and services online as these online interactions with the customers
help the company get both negative and positive reviews and they get to make
improvements accordingly. Digital Marketing has become a pertinent part of
business today and creating a lot of job opportunities for people and also a
lot of scope of career growth prevails here.
Anyone trying to explore this industry shall find nothing
but an exponential amount of exposure and experience. It is sure to enhance the
quality of life of any person trying to navigate in this field. There is always
a need for a reinvention of marketing strategies to overrule traditional and
conventional ones. Digital Marketing is mostly dependent on technology and any
person who is proficient with technology and required tools should definitely
traverse in this industry because of its collaborative environment and its
bewildering rewards.
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