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Marketers Confused About Performance Marketing Vs. Growth Marketing 08/23/2021

First, let’s talk about the two terms. Growth and traffic. This is what your company stands for. With both of them, you need to be very clear about which aspect is the more important aspect of your business. Often times when internet marketers think about it, they get mixed up and eventually argue about the importance of growth and traffic.

Well, that doesn’t really happen here. What happens is that internet marketers tend to think in terms of dollars. In other words, they look at things in terms of how much value each represents to the company. If you were selling a widget for five dollars, you could say this is a great widget and will definitely help your business.

However, if you sold a thousand widgets for $ 12, you’d be out of business in no time. Because no matter how valuable your widget is to your business, the only way to add more value to your business is by adding traffic. This is where value comes into play. So what’s worth?

Value to a person or company is what they pay for to get the service or product. You might pay five dollars for a widget, but if you had a hundred people who saw your widget, they would buy it. It all has to do with how much the person is willing to pay for your service or product.

Now let’s talk about confusion. Marketers have a natural tendency to confuse customers and not realize they are doing so. They often say, “I only sell widgets”. “Widgets are just things that we put on our website”. Well, that’s not true, because widgets are things that you place on your website too. However, a marketer should realize that a person is not trying to say, “Do I need this widget?”

Marketers have a tendency to talk. They think that there is a right and a wrong way to do things. Marketers don’t know that the internet is the right place and that there are no right or wrong answers. Marketers are the ones who see the confusion and they are the ones who fix it.

The last thing marketers need to understand is that there is confusion for everyone. Sometimes it comes from other marketers. There are just so many things that come up that make people say and do things that it is sometimes difficult for the average marketer to understand everything. Marketers should understand that there is confusion and that is why there is so much information online.

Marketers can also create confusion themselves. Marketers need to learn to create confusion. If the marketer just sits back and tries to figure everything out, he’ll be confused himself. You have to learn to be creative. They also need to learn to trust their own instincts and know what will happen if they sense that the marketer may confuse them themselves.

Marketers need to be willing to ask questions. This is the only way they can learn how to create confusion. If a marketer is willing to ask questions, they can learn how to create confusion for their customers. This means that the marketer is questioning the customer and making them question themselves.

Marketers also confuse themselves with other marketers. Because of the internet, marketers don’t have to face each other face to face, which makes it even more confusing for the marketer himself. It’s like the old saying “people don’t know what they want until they have it”. Marketers need to realize that often their customers misunderstand what the marketer wants, and this creates a lot of customer confusion.

Another reason this happens a lot is because the internet marketer has to be willing to take on a lot of customers. There are so many things that they need to learn about internet marketing in order to be ready to take on hundreds of customers at one time. You need to be able to juggle between all of these customers in order to be prepared for whatever comes their way. This makes it difficult for the marketer to keep their sanity. Imagine how much confusion a newbie in marketing has to deal with.

Marketers face a lot of confusion among other marketers, customers, and even yourself. Because of this, many newbies give up because they simply cannot get any help clearing the confusion. If a marketer can learn to deal with their confusion, they can be successful.

There is a lot of confusion in the marketplace about the definitions of performance marketing, growth marketing, and how the two differ from each other. This is shown by data from a survey

carried out by the agency 3Q Digital, founded by David Rodnitzky.

To find out how marketers think, the agency targeted 400 marketing directors, with titles ranging from senior manager to CMO in the

US.

The team examined companies in four specific industries: retail, technology / software-as-a-service, financial services, and healthcare. The companies had an annual turnover of at

at least $ 100 million and at least 100 employees.

When survey respondents were asked if they knew the definition of performance marketing, 97% said they did. But when the respondents

Six statements were presented and asked to select all statements that apply to performance marketing, only 13% of respondents chose five or more correct definitions, with 1% choosing all correct definitions

Answers. Eighty-nine percent picked two or more wrong definitions and 21% picked more wrong definitions than the right ones.

For the sake of clarity, the report identified the

Statements that are true and those that are not.

What performance marketing is not:

The same question was asked about growth marketing. Only this time

Sources :

  • newsbreak.com

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