Is digital marketing really effective for growing a business?

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Hi everyone, I’ve been spending more time learning about digital marketing lately because I want to improve my business’s online presence, but there’s so much information out there that it’s hard to know where to start. Some people say SEO is the most important part, while others focus more on social media, paid ads, or content marketing. I’m interested in understanding which strategies actually make the biggest difference for small businesses and whether it’s better to handle digital marketing in-house or work with an agency. I’d also love to hear what has worked best for others when it comes to getting more traffic, leads, and long-term growth online.