What is the Difference Between Outbound and Inbound Marketing?

Outbound marketing is basically selling a product via continued promotions, advertisements, PR and public relations. It's considered an outdated form of the conventional way of marketing through conventional marketing which is more focused on locating potential customers via advertisements in publications. The contemporary approach is focused on gathering and understanding potential customers on the internet. Many businesses use outbound marketing guide to reach potential customers who use the internet as their primary medium of research. It also provides an inexpensive way for businesses to build out their brand names.

Unlike inbound marketing which is usually focused on attracting customers, outbound marketing concentrates on generating a return of investment i.e. making money. It doesn't necessarily aim at striking a balance between the two. There is a famous saying in the marketing world that describes it best: "Outbound marketing is ninety percent pure wastage". This is because companies use inbound techniques to advertise their products whereas the outbound techniques are used primarily to build their brand names.

Traditional advertising which is more focused on collecting consumer's contact information is known as inbound strategy whereas the outbound strategy mainly aims at building brand recognition. In fact, majority of businesses now have an inbound strategy and rely mainly on traditional media for promotion of their products. However, this strategy has lost its luster with the advent of social media. Social media is a vast platform where people come together to discuss a wide range of topics. It has changed the landscape of the entire advertising game and business owners are now realizing the significance of a strong outbound marketing strategy against an ever increasing competition on the internet.

Social media platforms such as Facebook, Twitter and YouTube have gained immense popularity. These platforms provide a huge customer base for companies that are willing to take up a comprehensive inbound strategy to promote their brand. On the other hand, a comprehensive inbound strategy requires a significant investment. Thus, a business owner is likely to overlook this new but promising form of advertising.

However, a lack of understanding about the process of inbound and outbound marketing cannot be justified. This article will help you understand the difference between these two marketing strategies. Inbound marketing involves a mix of traditional marketing methods such as print advertisements, television commercials, radio ads, fliers, online advertisements and paid ads etc., whereas outbound marketing mainly focuses on the development of brand awareness through creative means like TV commercials, radio ads, fliers, E-mail marketing etc. The primary goal of these  LinkedIn marketing methods is to generate traffic to a website by building awareness about a brand or product.
There are two types of inbound strategies: display ads and email marketing. Display ads are mostly used for local search results and display ads play an important role in enhancing brand recognition of products or services by local consumers. Display ads help marketers by displaying relevant content for a consumer to read. Display ads can be used for both inbound and outbound marketing strategies. Email marketing, on the other hand, uses emails to deliver messages on various products and services offered by a company.  For more understanding of this article, visit this link: https://de.wikipedia.org/wiki/Inbound-Marketing.