Can Digital Marketing Make You Rich?

Can Digital Marketing Make You Rich?

Ashkar Gomez
11min read
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Yes, you can become rich while doing digital marketing.   It has different types where you can choose as a career,  build an agency, or freelance to gain more money.  

Making money is challenging! It is a myth, if you have a relevant skillset, strategy, and work ethic then you can build money.

When you work in the digital field, selecting a niche is the major concern in marketing using different channels such as social media marketing, content marketing, email marketing, search engine optimization, affiliate marketing, and performance marketing. 

Digital marketing as Agency owner

Start learning about digital marketing which can bring you more knowledge in the specified area.  Find your interest and skilled area to show you as a “Digital marketer” and become an expert in this that makes you become an Agency owner. 

Some agencies have been categorized into digital marketing, personal branding, advertising, and growth marketing agencies and many more are becoming booming startups. 

Initially, most of the agency owners worked as a freelancer in digital marketing and when they found their ocean, they built an agency to work with social media, SEO, content experts, etc., (In the field of expertise and experience).

When you do freelance in a specified category, you can know about the root of the business strategy to implement, if you want to start an agency.

How much revenue is generated in a Digital marketing agency

Building a digital marketing agency is quite hard when you are a beginner.  But, once you scale it using digital strategy, conducting marketing research and analysis. 

In general, an agency can generate revenue ranging from $250,000 to $300,000 per annum. The income is based on the projects you take on, whether they are domestic or international. The size of the agency, whether it is small or large, also includes the services you offer and the projects you undertake. Additionally, you have to compete in the market to meet the target by achieving goals and objectives in the agency.

When considering Growth Marketing vs. Digital Marketing – What is best for ROI? it’s essential to choose the right strategies to maximize your agency’s profitability and success. 

Digital marketing as a career option

If you are choosing digital marketing as a career is a good option, where you can master the niche.   In the olden days, traditional marketing is the key to the business.

Now, without digital marketing will business get succeed? This is the most relevant question that every business has!! Digital marketing is not just creating a post with reliable content and posting on social media. 

Do you think, it works well? It won’t, when you understand the needs of the customer and your post or marketing is brings emotions to your targeted audience.  It should attract them and have a valid reason to choose you. 

When you prefer to work in digital marketing, understand why you choose and bring the purpose while working for the company.  You can become a digital marketer if you go through these aspects.

How much revenue is generated in digital marketing as a career option

While digital marketing is the carrier, on average you can earn Rs. 4,00,000 to Rs. 6,00,000/ annum as a fresher CTC.  Before going for a job, learn all the relevant skills which is sufficient to become a digital marketer. 

If you have years of experience you can expect an annual CTC starting from Rs. 10,00,000 to Rs. 12,00,000.

Digital marketing as a freelancer option

It is a kind of self-employed who works for multiple companies, organizations, institutions, or other clients remotely.    If you want to become a freelancer, you have to know about the digital marketing strategy and its channels. 

To know, you can complete the course with certification or do work as an intern in the chosen field.  Then you can approach as a freelancer to client to get the project. 

When you have gained experience, you will know how to apply the digital marketing strategy and marketing techniques.

How much revenue is generated in digital marketing as a freelancer option

Freelancer can generate income on their concern, how much of projects are taken, the pricing, type of project are included.   On an average, the income could range from 1,00,000. 

Usually, freelancers could also charge daily, hourly basis, or monthly basis and it also depends on the number of clients. 

Top 10 ways to make money with digital marketing

Top 10 ways to make money with digital marketing

Earning money is everyone’s dream.  Increasing the income depends on your mindset and accepting the challenges.   Here are the 10 ways to generate revenue as a digital marketer: 

Content Marketing

Content marketing involves, the creation and sharing of blogs, videos, and social media posts that show interest in the product or services.   It helps to build brand loyalty among the customers. 

You can become a content marketer which has a good future to increase your revenue 2x.

Social Media Marketing

To market your product, social media channels can bring the simplest method using digital platforms like YouTube, Facebook, Twitter, Instagram, and LinkedIn to help you increase your sales in the business. 

You can run an ad to boost brand awareness and leads. 

Email Marketing

You can run the marketing through email to build trust in your product which also follows from the traditional methods.   There are some tools for email marketing like Hubspot, MailChimp, Mailmunch, etc. 

Blogging

Blogging can boost your income by 4x, the user-informative blog can increase the traffic to your website.  Using the relevant keyword research, optimization of the content is the major concern. 

You can write a blog for a commercial page, personal, affiliate, B2B, B2C, D2C, and many more…

Manage PPC Campaigns For Other Companies

If you are well-known for managing campaigns, especially PPC (paid per click), then this could help to increase your revenue.   PPC allows you to know how many visitors are there on the site, and how many clicks are happening in the ads. 

The platforms include Google ads and Bing ads, where you can manage the Finding the PPC keywords, write ad copy, setting bids and campaign budgets etc.

Earn Money With Affiliate Marketing

It is the kind of marketing where you can earn money for other companies.  You can promote other companies’ products or services to reach the target audience.  You can bring the leads and thereby earn commissions. 

Become an E-Commerce Specialist

If you are well-versed in E-commerce sites, then you sell your competency to the client if the requirements are met, you can earn money.  In E-commerce you should have knowledge in online stores, selling physical or digital products.

Start Your Own Digital Marketing Agency

This could be a great advantage for a person choosing a digital marketing agency.  It is the funnel of marketing that includes awareness, consideration, conversion, and loyalty. 

First and foremost, you have to learn digital marketing on your own to find the depth of business channels.  Then, you can give the solution to the clients or other companies.

Selling Digital Products

If you are an e-book writer, having courses related to any niche helps to increase the revenge by selling the products on online platforms.   E- books are the simplest digital products to creat and sell it is a one-time investment in writing. 

Selling courses is also a one-time investment of time you spent teaching, where you increase the rapid revenue growth.

Social Media Influencing

If you good amount of followers on your social media, reaching an audience with high likes and engagement, the connection between you and your followers means they trust you and influence you. 

Utilizing this skill, you can promote or sell your products or other companies too.

Conclusion

In the above article, it is clearly said how to gain money through digital marketing.  You can start your career as freelancer or agency owner is up to you.  

Digital Marketing when compared to Traditional Marketing, it offers significant advantages in terms of cost, targeting, measurability, engagement, flexibility and reach.

However,  Digital marketing is one of the major booming industries now and also in the future to generate high revenue. 

By utilizing the power of the most effective Digital Marketing Strategies, one can drive growth, increase revenue and enhance profitability which collectively contribute to wealth generation.

For more better understanding, Read our case studies to see real-life examples of how our Digital Marketing Agency has helped businesses to achieve financial success through Digital Marketing.

Frequently Asked Questions (FAQs)

How profitable is digital marketing?

Work in the field of digital marketing can be highly profitable, it involves the position whether you choose as a career option, freelancer, or agency owner.  If you are starting the career write now, initially, it may not but when you have experience and expertise in the field it will.

Is it hard to be successful in digital marketing?

Not that much, when you love to work on digital marketing it can be a bit easy only.  Ensure the dedication, continuous learning, and practical experience combined to build a successful career in this field. 

What is the salary of a digital marketer?

If you like to work as a digital marketer, your starting salary as a fresher ranges from Rs.3LPA to 6LPA.  It depends on your experience and your skills the salary might differ. 

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Ashkar Gomez

Ashkar Gomez is the Founder of 7 Eagles (a Growth Marketing & SEO Company). Ashkar started his career as a Sales Rep in 2013 and later shifted his career to SEO in 2014. He is one of the leading SEO experts in the industry with 8+ years of experience. He has worked on 200+ projects across 20+ industries in the United States, Canada, the United Kingdom, UAE, Australia, South Africa, and India. Besides SEO and Digital Marketing, he is passionate about Data Analytics, Personal Financial Planning, and Content Writing.

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