The Smart Lab: The Importance of Digital Media Planning
Emmanuel Raheb breaks down the importance of knowing your audience, setting goals, sticking to a budget and more.
In cities, your marketing radius is tight because the population density is higher. With smaller towns, your marketing radius is larger because there are fewer people and they are more spread out.
No matter where your jewelry store is located, you’ll attract more customers through digital marketing than you’ll ever be able to reach through traditional marketing. You have an enormous audience online and can reach them in an extremely measurable and cost-effective way.
If you want your jewelry store to be seen by your community, digital marketing is the best channel to reach your audience.
What Is Digital Media Planning?
Media planning is what happens after you know who your target audience is. It’s the “where, when and how.”
Your goal is to continuously measure your audience engagement and maximize your return on investment, or ROI.
Your media plan should be split among various digital channels such as pay-per-click (PPC) search advertising, digital display banner ads, video, native content, and social media.
As a jewelry business, your best content for your advertising is as close as your showcase.
Jewelry is the perfect content to be shared or promoted online. Do it right and any favorite piece could become your next media star!
The Importance Of Media Planning
The success of any jewelry advertising campaign is dependent on your media planning process.
Make the wrong choice of “where, when, and how” and it will cost you greatly, in both dollars and potential damage to your brand’s image.
Every advertisement, no matter which channel, should have an immediate and measurable return. A failed media campaign can lead to a failing business.
The Benefits of Media Planning
When you plan your digital media correctly, you’ll enjoy the following benefits.
-- You’ll learn exactly who your target audience is and understand them better.
-- You’ll reach your audience in the ways via which they prefer to be reached.
-- You can choose which media channels fit your marketing strategy best.
-- Your advertising can be fine-tuned and adjusted to fit the schedule of your target audience.
-- You can plan your budget more effectively ahead of time and avoid overspending with last-minute marketing.
-- Your ROI on digital media can be easily measured.
-- You have a much better chance of making more sales and seeing success.
The Process of Media Planning
Let’s talk about the process of digital media planning. It’s not as hard as it sounds.
You need to:
1. Understand who your target audience is;
2. Define your marketing goals;
3. Determine your ideal digital marketing mix;
4. Stick to a fixed budget that’s been established ahead of time;
5. Execute your media plan with strength and confidence; and
6. Measure your results while improving your marketing.
Marketing Has Changed
According to a recent consumer research study conducted by eMarketer, the average U.S. consumer now spends more than 12 hours a day consuming media in some form.
It’s not only important, but imperative that your marketing team have an effective digital media plan to reach consumers where they spend most of their time.
Remember, if your jewelry store isn’t being seen by your audience, it doesn’t matter how much other marketing you do. They won’t even know you exist. Consumer behavior and marketing have changed, but have you?
Digital media planning is not as hard as it seems when you break it all down.
Success is a recipe and any jeweler can learn how to succeed online. Follow these steps today and you’ll start seeing new customers walk through your jewelry store’s door tomorrow.
The Latest
The auction also featured the sale of a Cartier necklace made when Egyptomania was sweeping Great Britain.
The “Blossom Rosette” blooms with love, beauty, and hope for the year ahead.
Rovinsky is remembered as a great mentor who made the employees of his stores feel like family.
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
For every jeweler who tries their luck, the company will make a donation to Jewelers for Children.
The boards of at least five chapters have resigned in response to controversial statements the WJA national board president made last month.
An experienced jewelry writer and curator, Grant led the organization for two years.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
Five new designs were added, all donning Tahitian cultured pearls and spear-like trident motifs, along with the new “Titan” setting.
The inaugural event is being co-hosted by the American Gem Society and the Gemological Institute of America.
Jewelers of America’s Annie Doresca and AGTA CEO John W. Ford Sr. are among the new members.
The jeweler’s latest high jewelry collection looks into the Boucheron archives to create a “living encyclopedia of high jewelry.”
Watch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.
Olivier Kessler-Gay will take over the role on March 3.
It hit a four-month low in January due to concerns about the job market, though consumers remain bullish about the stock market.
The jewelry designer and master metalsmith will present on the ancient Japanese metalworking technique at the Atlanta Jewelry Show in March.
The “Moments” social media campaign emphasizes the emotional ties between natural diamonds and life’s special milestones.
The versatile “As We Are” collection features 14 pieces with interlocking designs allowing for 27 different looks worn around the body.
Letsile Tebogo will help to promote natural diamonds and the good they have done for his country.
The showcase, in its second year, will feature more than 20 international brands at its curated event from Feb. 2-4.
“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
The seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
LeVian is remembered for his leadership in the jewelry industry and for being a selfless and compassionate person.
Monishkumar Kirankumar Doshi Shah pleaded guilty to evading customs on more than $13.5 million of jewelry imported into the U.S.
Jemora Gemhouse’s inaugural auction, slated for March, will take place in Dubai and feature polished sapphires.
Quinn partnered with Gemfields to create “Crazy Love,” which features Zambian emeralds and Mozambican rubies across 10 pieces.
The catalog is 48 pages and features more than 100 styles.