The Digital World
We are living in the Digital World now where making money online has never been so easy. A decade ago it was rare for people to have constant access to the internet and if they did it would be in internet cafes or at home on desktops or laptops. Nowadays nearly all the population in the world has a mobile phone in their hand which connects them directly to the internet. With all this access to billions of the world population, are you making the most of getting your brand, business or self out there? I have learned a lot of life lessons being a digital nomad and the biggest is to constantly improve my software and digital knowledge because this is only going to grow year on year.
- 1 What Do You Mean By Digital World?
- 2 Software Will Disrupt Most Traditional Industries
- 3 What is a Digital Company?
- 4 Why is Digital Marketing Important for Business?
- 5 Living in a Digital World in December 2017
- 6 Never Been a Better Time To Be an Entrepreneur
- 7 Online Entrepreneurs Understand Growth Hacking
- 8 How to Become a Growth Hacker?
What Do You Mean By Digital World?
The Digital World is the environment we currently live in, with so many of us connected to the internet and using various online services. So much of what we do is based around the internet these days: shopping, entertainment, learning, and above all, communication. Lots of things we do in our every day lives revolve around being online and being connected. Ever feel like you can’t do anything at all when your WiFi connection goes down? That shows you how much of an influence the internet has on all of us, and how much power it holds when it comes to business.
There is no one complete definition of the Digital World or the Digital Era as it involves many different things. The broad explanation involves technology which increases the amount and speed of knowledge in society and the economy. Because being connected to the internet gives us pretty much all the information and resources we need, there is always the opportunity to grow and develop as individuals and as businesses. In life we all have the same 24 hours in a day so it is upto yourselves to develop and make the most of your time.
Software Will Disrupt Most Traditional Industries
Examples of why software will disrupt most traditional industries are hitting us everyday. Look at Uber which is just a software tool and they do not even own any cars but are the largest taxi business in the world. Ever booked a place with Airbnb? This is now the biggest hotel company in the world, although they don’t own any properties. Machine learning and artificial intelligence is getting insane. Just check out this video of the artificial intelligence used at IBM watson which is now more accurate within seconds than many lawyers in the US:
Watson already helps nurses diagnosing cancer, 4 times more accurate than human nurses. Facebook now has a pattern recognition software that can recognize faces better than humans. In 2030, computers will become more intelligent than humans. So the best advice if software will disrupt most traditional industries is to understand and learn software and the digital world. Read this article about moving with the times because you really need to start embracing this even if you do not agree with it all.
What is a Digital Company?
A digital company is any kind of business which uses technology to grow and improve their enterprise. This can include using online marketing techniques like SEO vs PPC and social media advertising. In today’s Digital World it’s so much easier to market your company online as there are so many more resources available. Where previously a business owner would have had to rely on word of mouth in their local town or costly leaflet and poster campaigns, anyone can now showcase their products or services on the internet. Most people with access to the internet will have a mobile phone, so why not harness the power of these devices and display your brand right in the palm of their hand?
It doesn’t have to cost a lot either, in fact it doesn’t have to cost anything. Setting up a Facebook page, Twitter profile and Instagram account to promote your services is completely free. Of course you can choose to pay to promote your posts on social media, pay for ads in Google search, and pay for SEO services if you want to. It all depends what kind of scale you want to grow your business on, it’s always wise to start out simple and then grow your strategies as the company expands. As long as you’re getting exposure and putting your brand in front of people who wouldn’t have otherwise known about it, you’re making progress.
Why is Digital Marketing Important for Business?
Whether you are a completely new company, or you’ve been running a business for 30 years, there is no denying that digital marketing is vital. These days it is rare to find a successful business which doesn’t have some kind of online presence. This could be as simple as having a listing in Google maps or an internet directory to help people find you. For larger brands or new startups, the use of digital marketing strategies is so important if you want to stay ahead of the competition. The majority of people now search online before they buy a product or service and statistics show that over 70% of shoppers think they will get a better deal online than in store.
With all the information there in black and white for us to see, most people will compare prices of a certain product from different online stores, or look at a few companies’ websites before enquiring with one. So if your business doesn’t have an online presence but your competitors do, guess what? They’re going to be taking all of your potential customers away from you because your brand simply can’t be seen. These days, the internet is such a core part of the consumer experience, you’d be crazy not to harness its power and start profiting from the Digital Era. Whether that’s just by setting up social media accounts for your brand and posting regular updates, or creating a complete SEO strategy and building links to your website.
Living in a Digital World in December 2017
The opportunity to develop a successful business or become an entrepreneur has never been bigger. We use technology every day to communicate, learn new things, make purchases and even watch movies. There are so many resources available which enable us to enhance our knowledge and skills on a variety of different topics. This means it’s so much easier to work for yourself and become an entrepreneur in virtually any field. By doing this you can work from your own schedule and adopt a laptop lifestyle which allows you to work wherever you want as long as you have a WiFi connection.
From a consumer’s point of view, living in the Digital World opens up a whole host of opportunities as well. It is now so easy to buy things online, get a taxi, book holidays, you name it. There is an instant answer to almost everything, and companies in the Digital Era need to keep up with this in order to beat their competition.
Never Been a Better Time To Be an Entrepreneur
The development of technology and online resources is currently at its highest and fastest level ever. This means there has never been a better time to be an entrepreneur and start your own business. Check out this article from the Washington Post to find out more about becoming an entrepreneur and working for yourself in the current Digital Age.
Also take a look at the video below where Scooter Braun talks about the opportunities available now compared to years ago. This draws a contrast between companies right now who have access to the internet, and companies decades ago who simply relied on word of mouth in their local town.
It is so much easier for you to get your brand in front of potential customers and showcase what you do on a national and even global scale. Most people in developed countries use some form of social media, and if they don’t they’ll almost definitely use a search engine like Google. These are two places with vast audiences of people wanting to either buy something, learn something or be entertained by something. If you can provide consumers with one of these things in a way which is profitable for you, then you’re harnessing the power of the Digital Age.
Online Entrepreneurs Understand Growth Hacking
If you’re going to become an online entrepreneur, you need to understand the concept of growth hacking. This term refers to the use of different marketing strategies in order to find the most effective way of growing a business. You basically test out loads of different techniques for marketing a brand and see which ones give you the best results. This can be a tricky business as the world of SEO and marketing is changing rapidly every day, meaning last year’s top strategies could be completely useless now.
With Google updating its algorithm on an almost daily basis, keeping up with what works best takes a lot of patience and often a lot of failure. You’ll find yourself trying lots of things that have no effect, and even some things which have a negative effect, before you find what works best. This can even vary from niche to niche and depending on who your target audience is. Some companies will have great success using social media campaigns, whereas others get better results from paid Google ads. This is why growth hacking is key as you always need to be ahead of the game in your own industry.
How to Become a Growth Hacker?
If you realise the advantages of becoming a growth hacker then you need to look at taking action today. The easiest way to start learning the trade of being a growth hacker is taking training which will develop your skills. In life the best investments you can do is in yourself as you should be developing, improving and networking every day to make yourself a better person tomorrow. Strive to be the best and progress daily. I want to know that you are developing your skills in December 2017 so tomorrow you are a better person. Leave a comment below and tell me how you are developing yourself today and lets chat.