Business/Industry insights
What is digital marketing?
Digital marketing involves the promotion of brands to engage potential customers through the internet and various digital communication channels.
Digital marketing materials come in various forms, including display advertisements, online videos, search engine optimization, social media posts and sponsored ads.
According to recent data published by Statista, digital ad spending is projected to reach $740 billion USD in 2024. This not only underscores the steady rise of digital marketing but also emphasizes that the industry is thriving with opportunities.
Professionals providing digital marketing services can anticipate reasonable compensation for their expertise. According to 1,000 reports in January 2024, the average digital marketing salary in Canada stands at $57,000.
In comparison to digital marketing, traditional marketing pertains to an approach that utilizes offline media to connect with the audience.
Traditional marketing services encompass techniques predating digital marketing, such as physical mail, print advertisements, billboards, radio broadcasting, cold calling and more.
Keeping the current expansion of digital marketing in mind, it is fair to assume that digital ad technique is speedily taking over television ad-based traditional advertising technologies.
But before you jump to any conclusion, we would suggest you look through the following pointers to better understand the difference between the two, in terms of their growth and prominence.
First, traditional media is typically distributed and accessed through print, television and radio while digital media is distributed through social media, email and search engines.
When compared to traditional methods, digital media is incredibly cost-effective in that one will pay less to get advertisements distributed and acquire new customers.
Another difference is that in traditional marketing, it is more difficult for professionals to track how viewers interact with advertisements running on television or print. Whereas digital marketers can directly address messages, email and comments on their social media channels and website.
As technology advances, it's essential to synchronize with online marketing channels and their potential to drive global progress. Let's explore the advantages and disadvantages of digital marketing. Here are the key pros and cons:
Pros:
Cons:
There are many advantages and disadvantages of traditional marketing. Here are the key pros and cons to note when looking to create an ad or a marketing campaign:
Pros:
Cons:
In the comparison of traditional marketing to digital marketing, it is evident that digital marketing has elevated advertising strategies, enabling a younger and broader audience to comprehend content and share their perspectives simultaneously.
Discover the Digital Marketing with Co-op program at the Canadian College of Technology and Business (CCTB) to hone your skills in empathizing with your audience and becoming an outstanding marketer!
Submit your applications today and move closer to crafting strategic marketing plans that resonate most with your audience's thoughts.
Some examples of traditional marketing are physical mail, print advertisements, billboards, radio broadcasting, cold calling and more.
Traditional marketing is not as effective anymore in the ad industry because it is often expensive to adopt, its effectiveness is difficult to measure and it does not offer a direct connection to consumers for feedback and engagement.
Some examples of digital marketing materials include display advertisements, online videos, search engine optimization, social media posts and sponsored ads.
More News & Blogs
We acknowledge that the territories on which CCTB and its campus are situated are the traditional, ancestral and unceded territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and Sel̓íl̓witulh (Tsleil-Waututh) Nations. We thank them for having cared for this land since time immemorial, honour their graciousness to the students who seek knowledge here, and iterate our dedication to valuing the ongoing contributions of Indigenous peoples and communities.