The Smart Lab: The Importance of Digital Media Planning

Every jewelry business operates within a localized market. Typically, your customers come from the area surrounding your physical store. 

In cities, your marketing radius is tight because the population density is higher. With smaller towns, your marketing radius is larger because there are fewer people and they are more spread out.

No matter where your jewelry store is located, you’ll attract more customers through digital marketing than you’ll ever be able to reach through traditional marketing.  You have an enormous audience online and can reach them in an extremely measurable and cost-effective way.

If you want your jewelry store to be seen by your community, digital marketing is the best channel to reach your audience.

What Is Digital Media Planning?
Media planning is what happens after you know who your target audience is. It’s the “where, when and how.”

Your goal is to continuously measure your audience engagement and maximize your return on investment, or ROI. 

Your media plan should be split among various digital channels such as pay-per-click (PPC) search advertising, digital display banner ads, video, native content, and social media.

As a jewelry business, your best content for your advertising is as close as your showcase. 

Jewelry is the perfect content to be shared or promoted online. Do it right and any favorite piece could become your next media star!

The Importance Of Media Planning
The success of any jewelry advertising campaign is dependent on your media planning process.

Make the wrong choice of “where, when, and how” and it will cost you greatly, in both dollars and potential damage to your brand’s image. 

Every advertisement, no matter which channel, should have an immediate and measurable return. A failed media campaign can lead to a failing business. 

The Benefits of Media Planning
When you plan your digital media correctly, you’ll enjoy the following benefits.

-- You’ll learn exactly who your target audience is and understand them better.
-- You’ll reach your audience in the ways via which they prefer to be reached.
-- You can choose which media channels fit your marketing strategy best.
-- Your advertising can be fine-tuned and adjusted to fit the schedule of your target audience.
-- You can plan your budget more effectively ahead of time and avoid overspending with last-minute marketing.
-- Your ROI on digital media can be easily measured.
-- You have a much better chance of making more sales and seeing success.

The Process of Media Planning
Let’s talk about the process of digital media planning. It’s not as hard as it sounds.

You need to:
1. Understand who your target audience is;
2. Define your marketing goals;
3. Determine your ideal digital marketing mix;
4. Stick to a fixed budget that’s been established ahead of time;
5. Execute your media plan with strength and confidence; and
6. Measure your results while improving your marketing.

Marketing Has Changed
According to a recent consumer research study conducted by eMarketer, the average U.S. consumer now spends more than 12 hours a day consuming media in some form. 

It’s not only important, but imperative that your marketing team have an effective digital media plan to reach consumers where they spend most of their time.  

Remember, if your jewelry store isn’t being seen by your audience, it doesn’t matter how much other marketing you do. They won’t even know you exist. Consumer behavior and marketing have changed, but have you? 

Digital media planning is not as hard as it seems when you break it all down.  

Success is a recipe and any jeweler can learn how to succeed online. Follow these steps today and you’ll start seeing new customers walk through your jewelry store’s door tomorrow.