Top TEN Digital Marketing Facts Every Financial Advisor Should Know

digital marketing facts

As per the experts from various industries, digital marketing is the most effective way to reach your target audience, generate leads and convert them into businesses. With more and more trends evolving in the field of digital marketing, it is expected to continue its popularity for times to come. However, to make the most from digital marketing, you need to develop an effective marketing strategy. With productive digital marketing campaigns, you can attract organic traffic to your website, improve rankings on search engine result pages, which further will help in lead generation and business conversion.

Nowadays, people search for financial advisors online and therefore they too need to up their marketing strategies. If you are a financial advisor, you need to keep the following things regarding digital marketing in mind to formulate effective strategies to grow your business.

Your website represents your business

As mentioned earlier, your audience will usually search for your brand online. Therefore, you need to put a lot of effort into setting up your website, as it is the first place, your audience will check to learn more about your business. You have few seconds to make an impression in front of your audience with your website, and hence you need to offer a compelling message that would pique the interest of your audience so that they spend more time on your website to learn more about your business. If they find the information they seek on your website, they might initiate a conversation with you. One thing, you must make a note of is that you should design your website strategically. This will ensure that your audience should not have any difficulties in finding information on your web pages. You can consult any digital marketing agency to help you create a well-designed business website.

Importance of Inbound Marketing

Previously financial advisors focused on different forms of outbound marketing such as telemarketing, sending direct mails, conducting seminars and many others. However, with more time, these forms of marketing results in providing a decreased return on investments, as more and more people are relying on the online presence of financial advisors to evaluate their credibility.

In this regard adopting an inbound marketing strategy can help you in reaching potential customers who can turn into businesses. It comprises various methods such as regular blogging on the website, sharing content on different social media platforms, email marketing, etc for prospective customers who have shown interest in your services. Any social media marketing agency can help you in setting up effective marketing strategies on various social media platforms for your business.

Benefits of Blogging

Blogging is one of the effective ways to improve organic traffic to your website. You can publish blogs regularly on your website to maintain the flow of fresh content and keep it updated. Besides, it would also help in improving its value among search engines. You can highlight different current trends in your industry in your blogs and offer possible solutions for different financial problems. This type of updated content will improve the value of your brand for your audience and they will spend more time on your website. This, as a result, will help in improving the search engine ranking of your website.

Put efforts in Video Marketing

Digital Marketing is not just limited to the use of textual contents but also involves video marketing. If used wisely and effectively you can communicate your message faster and efficiently to your audience. You can create engaging and entertaining video content for your audience. This you can publish on your website or share on various social media platforms. This will further encourage them to learn more about your brand and improve traffic to your website. Besides, if your audience found them interesting, they are likelier to share the same in their account, thereby, improving your chance of reaching potential customers more effectively. You can hire any agency offering digital marketing services to help you in creating visually attractive video content.

Creating mobile-responsive websites

With the increase in the number of mobile users, it is very important to create mobile-responsive websites. If your target audience is unable to check or navigate your website from mobile devices, the entire purpose of setting up an effective website will get lost. It has been found that approximately more than 60% of online searches are made through mobile devices. Besides, popular search engines such as Google will also severely penalize the ranking of your website if it is not made mobile-responsive.

Establish yourself as an industry expert

As we have discussed earlier that creating blogs regularly and consistently on your website can help in improving the value of the same. However, one thing that financial advisors must keep in mind is that it is equally important to create good quality and unique content. This will help in presenting your talent and expertise in the said field. In doing so, you can further gain reliability and your audience might start regarding you as an industry expert. Overall, this will be good for the growth of your business.

Besides, your content should be beneficial to your audience to have some value. In this way, you can not only establish yourself as an authority but also attract more potential customers who can turn into actual businesses.

Niche Marketing

With so many financial advisers already in the field, you need to put a lot of effort into gaining the trust of your audience. They might doubt a financial advisor who offers planning, insurance, taxes, investment and many other services for different age groups. It is better to concentrate on your niche market and formulate your marketing strategies accordingly.

Social Media marketing

No digital marketing is complete without social media marketing. You have to create and share engaging posts on your various social media accounts. Each type of social media is frequented by different types of audiences. To make the most from this form of marketing, you need to determine who your target audience is and plan a strategy to reach them accordingly. If you are wondering about how to grow a business on social media, you can take the help of different social media marketing agencies.

Search Engine Optimization (SEO)

While thinking of various digital marketing strategies, you might have come across the term ‘search engine optimization’ or ‘SEO’. As the name implies, SEO means, you have to use your service-based keywords on your website to improve its rankings on search engine result pages.  

E-mail marketing

E-mail marketing is also an equally important aspect of digital marketing. Unlike direct mail, you create an e-mail list based on the people who have visited and subscribed to your website showing that they are interested in your services and send them e-mails regularly notifying them about your special offers or other services. Any digital marketing agency Singapore can help you understand the benefits of various digital marketing methods so that you can select the ideal combination for the growth of your business.

Thus, by keeping all these aspects in mind, you can make use of digital marketing efficiently for your financial advisory business. If you are still unsure of the benefits of digital marketing for your business, you can reach us at +65 96981703 or send us an e-mail: [email protected]. Our experienced team can help in clearing all your doubts and set up an effective digital marketing strategy for your business.

Elevan August

Lee Yan Ting
Lee Yan Ting

Founder of Elevan August Media | Featured on several local and regional media: Home & Décor, Straits Times, REGISTRYE Singapore, Hive Life, Queer Majority (USA) and more.