Definition: Digital Strategy

What is digital strategy?

A digital strategy is a plan for how a business will leverage digital technologies to achieve its goals, such as improving operational efficiency, enhancing customer engagement, and driving growth and innovation.

What should a digital strategy contain?

Digital strategy typically involves several key components, including:

• Business objectives: Define the specific business goals that the digital strategy is intended to achieve, such as improving customer engagement, increasing revenue, or reducing costs.
• Digital channels: Identify the digital channels that will be used to reach customers, such as social media, email marketing, or mobile apps.
• Audience targeting: Identify the target audience for the digital strategy, and develop targeted marketing and engagement campaigns to reach them.
• Analytics and measurement: Develop a system for tracking and measuring the effectiveness of the digital strategy, using tools such as web analytics, social media monitoring, and customer feedback.
• Technology and infrastructure: Identify and implement the digital technologies and tools that will be used to support the digital strategy, such as customer relationship management (CRM) software, content management systems (CMS), or eCommerce platforms.

Developing a successful digital strategy requires a thorough understanding of the business and its customers, as well as the technologies and tools available to support the strategy, along with a willingness to experiment and iterate, as the digital landscape is constantly evolving and changing.