Digital Marketing:

Digital Marketing: Types, Uses and Advantages

Any form of marketing that includes electronic devices such as computers, phones, etc., to connect with potential customers through the internet is considered digital marketing. It includes display ads, promotional videos, search engine marketing, paid social ads, social media posts, emails and even test and multimedia messages.

Types of digital marketing

There are many different types of digital marketing strategies, which include:

  • Search Engine Optimization- SEO is the art and science of making web pages attractive to search engines. It requires you to research and contemplate the various contributing factors to make your page achieve the highest ranking. Although, since Google continues to change its algorithms every so often, it is impossible to have fixed rules to achieve the best possible interaction. It is best to monitor the page closely and make necessary adjustments.
  • Content Marketing- It is a strategy based distribution of relevant and valuable content to the target audience. The goal is to attract people that ultimately turn into customers. But, content marketing can be tricky and involves SEO as a significant factor for success.
  • Social Media Marketing- This involves interacting with potential customers through various social media websites like Facebook, Instagram, Twitter, Youtube, etc. Since these platforms involve active audience participation, it has become a popular way of advertising and getting attention.

Digital Marketing:

  • Pay-per-Click Marketing- This form of marketing involves posting an ad on a platform and paying every time someone clicks on it. The campaign has 1 or more target actions that viewers have to complete after clicking on the ad; this can include paying some sort of fee or registering for a newsletter.
  • Affiliate Marketing- This type of marketing involves making money by promoting someone else’s business. It works using a revenue-sharing model. The company pays the affiliate a certain amount of money for every sale they help make.
  • Native Advertising- The goal is to blend in with the surroundings and make the advertising less blatantly obvious. Though it is vital to use words like sponsored and promoted so that the audience doesn’t feel deceived. It is meant to be less obtrusive, not deceptive.
  • Marketing Automation- This uses various software to power digital marketing campaigns, thus improving the relevance and efficiency of advertising. This type of advertising allows for more personalized ads.
  • Email Marketing- This includes sending a promotional email and hoping that the prospects click on it. This sounds relatively simple but is quite complex to execute. The candidate should feel that this service is valuable and not just a promotional activity.
Auto loan?

How Can You Get An Auto loan?

What does an auto loan refer to?

When the vehicle is used as collateral security, it is known as an auto loan. These are the secured loans to buy a new, used or commercial vehicle. The approval of this loan is more accessible than other loans. Don’t confuse an auto loan, a personal loan, or any other type of loan. An auto loan is used to purchase a vehicle only, while personal loans can be used for so many purposes.

Two-wheeler loans and commercial vehicle loans are the two types of auto loans.

A commercial vehicle loan is always taken for the purchase of those vehicles that are used commercially.

A two-wheeler loan is taken for purchasing two-wheeler vehicles, and it also differs from an auto loan in some aspects like repayment tenure, loan amount, interest rates, etc.

Things you would need for taking an auto loan?

The documents you need while taking an auto loan may differ from lender to lender. Still, the essential documents every lender asks for and will undoubtedly need are your ID proof, address proof, job description, and salary and bank statement.

There are some documents and criteria lenders have to approve:

  • CIBIL Score and credit profile of the borrower.
  • Employment and income of the borrower.
  • Loan repayment status.
  • Any EMI obligations.

Auto loan?

Things to consider before taking an auto loan

  • Compare the loan plans from different banks: choose the best suitable ones for the loan and check their interest rates. Don’t choose the first bank offering you an auto loan. Always look for options.
  • Your CIBIL score: before applying for a loan, check your CIBIL (Credit information bureau India limited) score to find out if you can take a loan easily or not.
  • Select the car considering your financial condition: if your career is at its start, don’t go for expensive cars. Select the cars keeping in mind what your financial condition is.
  • Calculate the EMI: calculate the EMI and tenure before taking a loan.
  • Carefully read all terms and conditions: everyone must read them carefully and understand them. It will help you in further steps.

To sum up:

Before opting for an auto loan, you should be clear about what it is and why to opt for it. So that next time you plan to buy a car, consider an auto loan. Don’t hesitate while taking an auto loan. It offers you all the benefits you are looking for in a loan. The above-mentioned points you should keep in mind, and now is the time to apply for an auto loan.