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- Title
THE RISE OF THE DIGITAL MARKETING ECOSYSTEM.
- Authors
Kilimas, Fathima Raj; Murthy, D. Narasimha
- Abstract
This article provides a comprehensive overview of the evolution of industrial revolutions and their impact on the global landscape, culminating in the digital transformation seen in the 21st century. It chronicles the progression from mechanization to the advent of Cyber Physical Systems (CPS) in the fourth industrial revolution, highlighting the intertwined nature of the digital and physical worlds and the resultant VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) environment. It emphasizes the unparalleled global connectivity and digital engagement driven by the widespread accessibility of the internet and mobile phones, with a focus on the significant role of social media platforms. It delves into the paradigm shifts in digital marketing, such as the ‘Zero Moment of Truth’ (ZMOT), and the importance of engaging with customers in the digital space through various forms of content. It examines the intricacies of digital marketing, including Search Engine Optimization (SEO), Search Engine Marketing (SEM), and Social Media Marketing (SMM), and the strategic importance of content optimization for enhancing visibility on search engines and social media. It also highlights innovations in the digital marketing arena, driven by technologies like AI, IoT, Blockchain, and Big Data. It points out the challenges and responsibilities faced by Chief Marketing Officers (CMOs) in navigating these advancements and adapting to rapidly changing digital landscapes. It also discusses the growing signif- icance of the Metaverse and the advancements in advertising technology (Ad Tech), emphasizing their potential to open new opportunities in digital marketing.
- Subjects
SEARCH engine optimization; CHIEF marketing officers; DIGITAL technology; SOCIAL media in marketing; INTERNET marketing; SOCIAL media; DIGITAL transformation
- Publication
Aweshkar Research Journal, 2024, Vol 31, Issue 1, p89
- ISSN
0974-1119
- Publication type
Article