The Bright Future of Digital Marketing

Digital marketing, when compared to other forms of marketing in the Philippines, is climbing a steep hill. With a numerous challenges to surmount, brands and companies need to constantly improve strategies on social media, innovate on existing technologies, and of course, produce content which their respective fans and communities love. With the way things are going, the (near) future of digital marketing in the Philippines is looking pretty good.

The Future of Digital Marketing in the Philippines

…is full of challenges. This much is true: it’s hard for brands, big and small, to be heard effectively online. It’s even tougher for marketers; these are the guys who will be doing “the dirty work”. Why is it tough? It’s because of the following challenges.

  1. The Noisy Environment. The Internet is a noisy place. There are thousands and thousands of brands advertising at any given moment, our social networking sites/accounts included, and each one is fighting for YOUR attention. Think about it: you don’t see THAT many ads on your Facebook News Feed; the ones you see have successfully made themselves SEEN – imagine the numerous others (some of which you may be interested in) which haven’t.
  2. The Audience. At present time, perhaps 2/3 of the country still do not have regular access to the Internet. That’s a large number – perhaps nearly 70 million individuals. This large audience inaccessible via digital marketing must be approached another way: through traditional media. This is also why traditional media is still a powerful force in Philippine marketing.
  3. The Technology. Even though the Philippines is the fastest growing smartphone market in the region, the technology is still very expensive – for both consumers (smartphone, tablet, laptop, and Internet prices/costs) and brands (online placements and social media advertisements). Until such time that high-tech is available in numbers and cheaply, this will continue to be a barrier.
  4. The Metrics. Social proof (i.e. the number of YOUR friends and/or network members who will endorse a product or service to you via social media) is more and more a devalued metric. Your friends who “like” a brand’s Facebook Page may not necessarily have positive feelings for said brand – but has “Liked” it due to an ad or a promo.

So Why is the Future of Digital Marketing Bright?

It’s simple, the country as a whole is learning and is slowly but surely growing digital. Consider that:

  1. The Philippine economy grew. At 6.6% positive growth, this was better than many predictions. This could mean more jobs, and more jobs allow people to have more to spend on products and services.
  2. The Philippine government is digitizing. With e-banking and e-payments gaining momentum, as well as the government’s adoption of social platforms such as Google+ and Twitter, more people would perhaps be more familiar to the technology.
  3. The Philippines has more access to the Internet. Google’s launch of the Free Zone has empowered thousands, if not millions, of Filipinos by allowing them free access to Search, Gmail, and Google+, enabling more information to be accessed by more people.

 

Takeaways: 

Digital marketing may not yet be the giant that traditional media is – but it will be there soon enough.

This was given as a talk at the Polytechnic University of the Philippines’ “Uprising of the Marketing Victors, Empower Brands, Engage Customers, and Execute Big Ideas”, February 5, 2013. View the presentation slideshow below!

Please share this article if you found it useful! Got questions on the future of digital marketing? Let me know in the comments!

Featured image by artemuestra from Creative Commons, retrieved on February 5, 2013.

Future of Digital Marketing

The Bright Future of Digital Marketing in the Philippines

About Jason Cruz

Social Media Guy at MRM Worldwide Manila, McCann Worldgroup Philippines' digital arm. I live social media, positive thinking, & running. Marathoner, loves wine & hip hop. Social Media Examiner's Top 24 Social Media Blogs of 2013. Get in touch with me on Twitter, @jsncruz.

16 comments
JeffreyRilles
JeffreyRilles like.author.displayName 1 Like

I do believe that the future of digital marketing is GREEN and bright. Social media, and internet as a whole is a vast market of e products and opportunities.

jsncruz
jsncruz moderator

 @JeffreyRilles Really, really big - to the tune of a predicted 66 million Filipinos online by 2016! :) Thanks for sharing your thoughts here, Jeffrey.

joshua120787
joshua120787 like.author.displayName 1 Like

I have a feeling that digital marketing will play a much bigger role in the coming years as soon as more people become computer literate outside the typical Facebook browsers and gamers.

jsncruz
jsncruz moderator

 @joshua120787 Hi Joshua, thanks for visiting and sharing your thoughts.

 

I agree with you. Once people become more informed AND the user base increases, more and more companies and brands will definitely look at digital in a different and perhaps more necessary way.

exlink2001
exlink2001 like.author.displayName 1 Like

Digital Marketing is getting traction in the country. First because it is a great equalizer and second the rule in the field is NO RULES. Find and discover what is effective for YOU. But the best part of Digital Marketing is PROSUMER - an empowered consumer!

jsncruz
jsncruz moderator

 @exlink2001 Hi Sir Orly, thanks for the insights!

 

I like that term and it's accurate. Easily accessible information is knowledge for consumers - and knowledge is power (to make informed and intelligent choices).

Lessons Of A Dad
Lessons Of A Dad like.author.displayName 1 Like

This is truly where the future is.  I mean, I'm in charge for marketing my school play.  But I'm pretty sure radio is dead (at least in my neck of the woods) and print is probably dead, too.  Digital marketing is where it's at.

jsncruz
jsncruz moderator

 @Lessons Of A Dad Hey buddy, thanks for the visit.

 

Radio and print are still going strong in my country; until high-technology is available to the masses, they will continue to have a significant market share, in my opinion :) I do agree that digital is where we will all eventually end up with though.

pwerza
pwerza like.author.displayName 1 Like

Digital Marketing, I might say is still on its conception stage, not even reach a month on the womb :) .

But for those who embrace it now will reap the fullest rewards when it goes out on the womb and start to become a popular star kid in the Philippines. One happy reaper is Jason :) .

jsncruz
jsncruz moderator

 @pwerza Hey there, thanks for the visit. 

 

I'm very interested to know why you say digital marketing is still in its "conception stage". Some sources would be very helpful, sir.

franckxethee
franckxethee like.author.displayName 1 Like

Digital marketing also widens up the competition due to ease of access online and social medium.  Other players also now has a chance to be seen compared to traditional mediums.

jsncruz
jsncruz moderator

 @franckxethee Hi Franc, thanks for the visit.

 

It's true to a certain extent; as mentioned in the article/presentation, the smaller guys have a much tougher time competing in this noisy dog-eat-dog environment.

Michelle_Mazur
Michelle_Mazur like.author.displayName 1 Like

I'm such an American - I'd had no idea about Internet access in the Philippines. It will be cool to see how the country embraces digital marketing!

jsncruz
jsncruz moderator

 @Michelle_Mazur No worries, we're still a developing nation but rest assured, we'll get there! Thanks for dropping by, doc!

BruceSallan
BruceSallan like.author.displayName 1 Like

I'm sure the number of people that will have Internet access in the Philippines will grow exponentially very quickly, Jason!

jsncruz
jsncruz moderator

 @BruceSallan Hi Bruce, thanks for dropping by. Yup - predicted to double in the next three years!