This trend will continue to change the way consumers shop and interact with businesses. In 2021, more than 2.14 billion customers worldwide are expected to purchase goods and services online. This number is up from 2016, as the number of global digital shoppers during the period was around 1.66 billion.Image: ( Source ) presence. The business sector of all types and sizes can benefit from digital marketing; they can market
their commercial product using various marketing tactics, including social media search engines, email marketing, website, and more.Five business models growing their business with digital marketingIn Industry 4.0,the dependence on conventional marketing is diminishing more than ever. Online advertising and marketing will dominate many industries in the coming year. Innovative Insights' analysis suggests that more than 80% of companies have a well-defined procedure for conducting digital marketing as part of their business model.Image: ( Source )Digital marketing helps industries generate a noticeable return on investment through effective marketing strategies.
The number is oriented towards the positive. Most businesses have an average revenue of $8 for every $1 invested in digital marketing.In addition, many brands have experienced a massive increase in ROI compared to other industries after implementing the right digital marketing strategy. Let's explore the list of companies that are growing their business with digital marketing.1. RetailerIf you want to generate maximum ROI through digital marketing, the industry will end up in first place. The big fish in the retail sector have started to expand their digital marketing mechanisms.A fascinating development