A Study on the Impact of Digital Marketing on Business Practices
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Abstract
Investigating how digital marketing has affected business practices is the goal of this study. It particularly seeks to examine how product positioning, sales growth, and product branding relate to digital marketing and three crucial independent variables. An approach to quantitative research was used to accomplish the research goal. Surveys that were sent to a wide range of companies from various industries were used to gather the data. Questions on digital marketing tactics, efforts to position products, measures of sales growth, and branding initiatives were included in the poll. To examine the data and identify how digital marketing affected the dependent and independent variables, statistical procedures, such as regression analysis, were carried out. According to the findings, digital marketing significantly correlated positively with each of the three independent factors. The research shows that organizations using efficient digital marketing techniques benefit from higher product positioning, faster revenue growth, and more vital brand recognition. The study also highlighted digital marketing strategies as essential drivers of these favorable outcomes, including social media engagement, search engine optimization, and focused advertising campaigns. This study offers empirical data in support of the idea that digital marketing has a significant influence on business practices. It highlights the value of utilizing digital marketing tools and strategies to enhance product branding, optimize product positioning, and drive sales growth. The results highlight the necessity for companies to build thorough strategies that are in line with their particular goals and prioritize digital marketing efforts. Organizations can obtain a competitive edge and experience long-term success in the digital era by comprehending the crucial position that digital marketing plays in today’s business landscape.
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