Digital Media used to simply describe the storage of electronic information on to a disk or other media. However, I believe this term Digtial Media has been expanded to include the storage and distribution of information, products and services via electronic means.
For me Digital Media includes:
- Web Sites which includes:
- Search Engine Optimisation (SEO) – Getting found on Google etc
- Pay Per Click (PPC) – Paying for somebody to find you on Google etc
- Banner Adverts – Paying for banners to get visitors to your site
- Ecommerce – The ability to buy and sell products, services and information over the Internet.
- Consumer Reviews – Consumer reviews are a powerful way to get consumers on to your eCommerce site as they make the purchasing decision easier as the reviews are by consumers who have purchased the product. Whole businesses are built around this concept such as TripAdvisor.
- Blogs – Personal web sites with stories, expert opinion etc that you believe will help your readers, customers and stakeholders.
- Social Media – Twitter, Facebook, Linkedin, Ushi, Xing etc. These are web based systems that allow you to connect and share information such as ideas, links, photos, videos with like minded people. They can also generate income for your business and so can be routes to market for your business. They can be great ways to connect with people who you may not be able to get to by any other means. Twitter can be a great source of publicly available real time information and has reported major global events ahead of the world’s press.
- Social Media News. Mashable is by far the biggest social media news site.
- Online PR. There are specific web sites for making press releases available to the press. Prlog.org and helpareporter.com are examples.
- Webinars/Events – Webinars are one to many seminars distributed across the Internet. This allows you to present to a large number of people independent of location. Events are traditional meetings or workshops but are marketed through Social networks such as Linkedin.
- Email Marketing – The sending out of bulk emails which you believe are relevant to the people you are sending the message to.
- Viral Marketing – The sending out of a message which is so compelling that people forward it on to other people unknown to you. A great way to send out a message if you get it right.
- Video – Increasingly popular method of sharing ideas, passing on information and selling on the web. Great for selling more complex products or services. Youtube is the most popular at the present but video is becoming embedded into more digital media.
- Music/Podcasts. Spotify is becoming the most popular legal file sharing system as it gives you access to a large range of music. Podcasts are voice recordings about a particular subject. They can be download for listening to on computer or MP3 players at a later date. Great for relaxation or for learning about a new subject whilst travelling.
- Chat/Instant Messaging/Skype. Chat and Instant Messaging are systems for conversations using a keyboard which are done in real time. I.e. one person types something and the other responds. Both need to be present and online for this to work. Users of Facebook, Bebo etc use this, especially the younger generation. Skype is an internet based video and phone system that allows Skype users to call each other for free or at lot low cost and is becoming increasingly popular for business use and will grow now that the video version is available on Facebook.
- Smartphone or Mobile Apps. Smartphone or mobile apps (or software applications which is where the term is derived from) are small pieces of computer software that run on your phone that allow you to do things that you would normally do on a computer. The need to work anywhere, anytime means that these will become increasing popular with business systems starting to appear on them. Great for anybody who works away from the office including executives, technical and sales people. Also watch for a growing number of consumers using their mobiles for online purchases as they fill their time waiting for something.
- Cloud based storage/File Sharing. The Cloud is for most purposes another name for the Internet. So Cloud based storage is the ability to store information on the internet including backups and sending large files to customers and suppliers. DropBox and Yousendit are examples of systems for sharing large files between unrelated users. There are a wide range of suppliers of remote backup systems now with most corporates including them in their backup strategies. Personal File sharing is also available for two or more computers to be linked together to share information including music and videos. Personal File Sharing is generally not a business tool for larger corporates.
- Cloud based systems. These are systems that allow you to work anywhere. Google has Google Docs, Microsoft has Office 365. A lot of third party software providers are moving their systems onto the Cloud so that customers can access them from anywhere and don’t have to worry about their own IT infrastructure. Companies are moving their IT infrastructure on to the Cloud in order to reduce costs as all the infrastructure is managed by a third party.
- Extranets/Web based Systems. Companies are now looking to give customers and suppliers access to their information (through Extranets) and their systems (through Web based systems). This allows customers and suppliers to access to information relevant to them and enables them to do any processing on a DIY basis saving you both time and money such as the entering and progressing of orders and checking stock levels.
- Remote Access. The ability to work anywhere means that you sometimes need access to your computer at home or work. Remote access through web sites such as Teamview and Logmein are a great way to get at critical documents away from the computer.
- Online Games/Gaming. More gaming companies are moving their operations on to the web so that their services can be accessed anywhere anytime. Also notice that more consumer applications have games technology or ideas built in to them in order to make it more fun to buy. The term is called gamification. This could be a challenge for parents as the line becomes blurred between buying something and playing a game.
In an age where systems are everywhere businesses need to understand how to exploit Digital Media as it is a means to improving the service to your customers, driving down costs and making your organization more agile.
All organizations large and small need to understand Digital Media and have a strategy of how they are going to exploit the opportunities that Digital Media has to offer.
For help with implementing Digital Media strategy go to: http://www.kub-uk.net/business-coach/digital-marketing-manager/