What Are The Top Digital Marketing Trends will be discussed in this article. In addition to consumers becoming pickier about the goods and services they purchase, firms will also need to prepare for the global cost of living problem in 2024. This implies that in the upcoming year, it will be increasingly crucial for brands to be open and consider their messaging, conduct research, and adjust their approach. It also implies that in order to prepare ahead and capitalize on any new advancements, marketers must be aware of the trends that are likely to emerge in the future.
What Are The Top Digital Marketing Trends For 2024
In this article, you can know about Digital Marketing Trends here are the details below;
We’ve spoken with industry experts on our podcast to determine the most significant trends so you can start 2024 off well. For further important things to keep an eye out for in 2024, consider watching our Trends webinar.
- We examine TikTok and business, the emergence of creators, and SuperApps in the context of social media and influencer marketing.
- We hear in B2B marketing about curated content, the importance of video content, and how to master social selling.
- More collaborations between creators and brands, as well as the constant requirement to provide high-quality content, appear to be in store for content marketing.
- In 2023, marketing automation will be a big topic, not to mention the much-anticipated GPT-4 and the tools that are currently accessible.
- Martech is expected to continue expanding, while CRO will assume a more prominent role. Furthermore, the metaverse will not vanish.
1. SOCIAL MEDIA AND INFLUENCE MARKETING TRENDS
In 2023, there will be some incredibly intriguing developments in the social media space. In reality, there will be a lot of change in this sector of marketing, so businesses need to adapt if they want to remain relevant and make good use of the platforms.
TikTok continues to evolve and dominate
TikTok has grown to be a significant force in the field of social media marketing. And in 2023, it isn’t expected to alter. According to The Business of Apps, TikTok made $4.6 billion in 2021—a 142% year-over-year increase—and expects to have 1.8 billion monthly active users by the end of 2022.
TikTok is gaining traction for more reasons than just users and content developers. By enhancing targeting choices for advertising and emphasizing usability for businesses, the platform will grow and become a more superior platform for brands by 2023.
“One of the things we’ll witness from TikTok in the upcoming year is the ease of use of business tools.” They have already started to make a big difference in how easily firms can use their advertisements dashboard. “I’ve been examining some of the recently introduced targeting choices for their advertisements, and I think they’re fantastic,” says Alison Battisby, a social media strategist at Avocado Social.
Decentralizing social media to create a “super app”
The vulnerabilities of social media platforms have come to light as a result of the developments at Twitter. Consumers now want ownership over their data and content, not to interact with platforms run by billionaires.
According to Battisby, “the need for the decentralization of social networks is becoming more and more apparent.” Mastodon is one of the innovative and fascinating platforms that we’re witnessing; in the past few weeks, it has seen an enormous surge in downloads. Also, the fact that it is a tool created by the masses makes it intriguing.
Other apps, such as BlueSky, are being created by Jack Dorsey, the former CEO of Twitter. The firm refers to it as “a new foundation for social networking creators independence from platforms, developers freedom to build, and users a choice in their experience,” meaning it’s more of an infrastructure than a platform.
The “creator economy” will grow and change
Find artists with a voice and a following (little or large) is a need for marketers as social media becomes more about brand awareness than it does about lead generation.
In a world where consumers are time-pressed, it can be difficult for companies to provide engaging content. Enter content creators, who don’t have to be high-profile influencers; they can be staff members, clients, or even subject matter experts in a certain field.
Neal Schaffer, a social media leader and author, says, “Since COVID, we’ve seen a new social media culture that focuses number of the followers content itself, in this era of what they’re calling’recommended media.’ I believe this pushes brands even more to the work with influencers and content creators.”
TikTok, YouTube, and Twitch now offer content creator money, which incentivizes producers to invest time in producing content that a business would find valuable.
“Thirty percent of individuals aged 18 to 24 and forty percent of those aged 25 to 34 identify as content creators.”
2. B2B MARKETING TRENDS
As a B2B company, you should be innovative in your marketing and use the platforms and tools available to be remembered. B2B marketing is sometimes perceived as dull or at least less engaging than its B2C equivalents, but that need not be the case.
Video, Video, and more video
Since 92 percent of businesses view video as a critical component of their strategy and 86 percent of firms utilize it as a marketing tool, it is common knowledge among marketers that a well-executed video campaign can effectively inform and engage with consumers. (Wyzowl research).
The same study demonstrated the range of uses for which firms employ video, with explainers ranking first, followed by presentations on social media and YouTube, LinkedIn, and Instagram as the top three channels.
Video is a powerful tool for B2B organizations in the sales and marketing cycle. This is especially true on LinkedIn, where video is becoming more and more popular as a means of connecting with and influencing consumers.
“With video, you can act like a connector and a maven, and LinkedIn has become place where people create user-generated content. People do it to the varying degrees of slickness, so your mileage will vary depending style and budget, but I think it’s added lot of the personality to that platform,” says Stephen Walsh, co-founder of Kineo and Anders Pink.
Get some ideas for your video campaigns by reading our blog post, “9 Ideas for Social Media Videos”!
Empower teams to use social selling
Social media is a powerful tool for the connecting with customers for brands and their sales staff. This is especially true for B2B enterprises, which typically have longer sales cycles and depend on digital platforms to deliver pertinent and helpful information.
According to social transformation specialist and author Julie Atherton, organizations will succeed in 2023 if they use content to engage and build connections rather than just releasing material with a sales pitch.
“Some organizations are afraid of giving control, or the allowing individuals to get their personality out there,” says Atherton. “I think there will be a clear demarcation between those who see social media as another channel to push sales messaging through and those who empower and support their teams to use social media effectively in relationship-building.”
An appetite for curated content
Companies prioritize producing original content, but sharing carefully chosen content can also be beneficial.
Relevant material can spark discussions and show that your business is more concerned with sharing knowledge or resolving problems than it is with making sales.
Walsh states, “I think (curated content) can be an efficient way to the provide some learning & the insight, and show that you’re a trusted person who can add value. As a B2B strategy very powerful. If you’re reaching out with something informative and insightful, it doesn’t matter too much whether you created that content.”
Some examples of helpful content you could share are:
- Business news
- Independent study
- Announcements or press releases
- Interviews via blogs and videos
- Comprehensive features
- Audio podcasts
3. CONTENT MARKETING TRENDS
A documented content strategy should be in place for easy reference, as little over half of marketers, according to the Content Marketing Institute, have a strategic approach to content management, despite the fact that today’s society is content-hungry.
Use content to drive connections
As marketers, we are aware that content can be utilized to offer answers and information at every point of the marketing and sales funnel, but content is capable of much more.
As customers grow more interested in the value and ethos of businesses, in 2023 it will be the firms that cultivate and actively seek out relationships that will flourish. To that end, you should leverage content to link people and create communities.
According to Kate Toon, creator of Stay Tooned, “communities are driving the majority of my sales, while social media and email marketing still have their place. People are seeking community. They want to the reach out get support from other humans.”
Individuals want to feel as though they are purchasing from businesses that share their beliefs, so it’s critical that the leaders of those communities are in agreement.
Refine and define creator/brand partnerships
Online noise equals material, and while some of it is excellent, a lot of it is either misaligned with the incorrect influencer or not aimed at the right demographic. This is where a strong collaboration between content creators and brands may be helpful.
In 2023, many artists hope to develop and flourish, which means they are searching for brand alliances (instead of just sponsorships) that complement their content so that posts seem organic and businesses provide advice and assistance rather than just letting them get by!
“Instead of relying solely on their own voice to stand out and be noticed amidst the noise, brands ought to consider leveraging influencers and user-generated content,” suggests Neal Schaffer.
Balance your contents to offer value and not just sell
According to marq’s “Content Effectiveness” survey, more than half of marketers cite a significant increase in demand for content in recent years. However, having material that offers prospects and customers value is just as important as having more content.
According to Stephen Walsh, “I think you have to have your own voice and create your own content, but you can balance your content marketing budget curated content than people realize.”
Walsh adds, “It sends a good signal to the buyers that you’re part of a community, and it’s not just me, me, me. It shows that you’re tapped into the world & “our ideas are the only ones,” or “it always has to be something coming from us,” that connected, and paying attention to trends.
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4. MARKETING AUTOMATION TRENDS
Automation technologies provide a means to automate repetitive and routine processes at scale when businesses gather more data and need to carry out more tasks to develop successful marketing campaigns.
A shift to signal-based marketing
The marketing industry will see a mentality shift in 2023 from technical-based marketing to anticipation marketing, which will allow marketers to predict client preferences and feed that information into automated processes.
Not only will this new way of thinking increase efficiency, but it will also allow for personalization, which is relevant for platforms such as Google Ads and appears to be the direction Facebook and other social channels are taking.
“Signals are what we’re looking for now in digital marketing. They may sound the same, but they’re slightly different. Behaviors reflect interests, whereas signals where the audience is kind of the telling want,” says PPC and eCommerce specialist Cathal Melinn.
Importance of automation tools
According to Gartner, by 2024, companies with customer-focused IT teams will beat competitors in terms of customer experience measures by 20 percent. This understanding will rely on marketing tools like CRM, social media, advertising, lead management, or the email, as well as automation solutions for internal operations and improving customer experience.
According to Ken Fitzpatrick, CEO Digital Marketing Institute, “(One trend for 2023) increasing use of tools for the automation & the personalization at scale. Doing difficult unless you understand the data you have, put that data into a tool that to automate your communications to consumers.” Examples of such automations include “the next best action,” which is based on what customers have done past and what they might do next.
Artificial Intelligence and the launch of GPT-4
GPT-4, or Generative Pre-trained Transformer 4, is a cutting-edge solution that can help marketers automate a lot of jobs. You may not have heard of it.
It’s a deep learning model for text generation created by OpenAI and trained on publicly available content. It may be used for machine translation, classification, questions and answers, text summarization, code generation, and conversation AI.
“We’re going to the start seeing specific business applications (with GPT-4),” says Clark Boyd, a digital strategy consultant. “A lot of funding is currently going into startups that are trying to build, for example, social media content generation tools. So, you could just put bit of the information about brand these tools would come up with 50 ideas for content, and you could just drag & the drop the ones you’re most interested in.” Also check Huge Cybersecurity Trends
To learn more about how AI is affecting content marketing, check out our podcast on “The Art of Copywriting.”
5. MARTECH TRENDS 2023
Customer journeys can be made more efficient and multichannel marketing campaigns can be implemented with the help of marketing technology, or Martech, software, which is used to generate, execute, manage, &bthe measure the performance of the content (online and offline), campaigns, and experiences.
Martech spending will keep growing
According to eMarketer, martech investment in the United States will reach $20 billion in 2022 for the first time, growing 15% year over year. This spending is a result of businesses investing in the technology that will allow them to collect and store data, analyze that data to make decisions, and carry those decisions out.
It’s interesting to note that over 30% of that spending comes from B2B businesses, and this portion is predicted to increase gradually over the following several years to reach $8.5 billion in 2024.
“We’re seeing that we work with a platform, we learn something, then the next year, or six months down the road, there’s new technology platform that fills whatever that the gap is. We know massive,” says Chris Coomer of Neil Patel Accel. “It’s so hard to keep up with the Martech industry.”
CRO will no longer be about experimenting
Every business wants to the increase its online conversion rates since, after all, it means more customers, sales, and money.
Many marketers have dabbled with conversion rate optimization (CRO) and other testing techniques up to this point. But Chris Coomer thinks that the days of simply watching what occurs are drawing to an end because there is now more to it than just chasing the outcome.
He claims that “CRO has been viewed in a silo. It’s been how we get A to B.” However, he believes that clients are becoming more astute in what they want to see and that everyone is beginning to look more holistically.
“The questions being asked are forcing us to the migrate into that larger viewpoint. As an agency, we’ll do something, we’ll get a better conversion rate impact the client’s bottom line? How does that impact user experience?”
Mataverse growth is slow but brands will still play
The metaverse made waves in 2022 and will probably make more in the years to come, but growth has been slower than anticipated as expenses have increased and profits have fallen.
In spite of this, Alison Battisby thinks that in 2023, marketers will begin to consider their approach for this new era of immersive virtual communication.
“Meta’s dedication to the metaverse and their relentless pursuit of creating these virtual realms and existences are among the most telling indicators (of a new era in social technology).” Although it will take time for people to adjust and adjust to this new offering, there will undoubtedly be some intriguing innovations in the field.
“I believe a lot of major brands will make a commitment towards the metaverse next year. Nike recently announced that they are going to the allow people to design their own trainers & the sell those or wear them in the metaverse,” Battisby says in closing.
For additional information, see “What Digital Marketing Skills Do You Need for Web 3.0 The Metaverse?”
2024 Marketing Trends Wrap-up
Marketers should expect a stimulating and demanding year in 2023! Because of external factors, brands must carefully consider their messaging in order to connect with like-minded creators and influencers and engage their target consumers. Also check Remote Work Trends
These advancements demonstrate the ongoing evolution of marketing techniques and technology. To read our predictions for 2022, visit our the blog post titled “The Next Big Digital Marketing Trends in 2022.”
You have time to consider the trends that are important to you and the ones that present opportunities in 2023. Happy planning!
Check out our amazing webinar on 2023 Trends if you need more information about the digital marketing trends of 2024.
Digital Marketing Experts
Consulted as experts in digital marketing for this article were:
- CEO Digital Marketing Institute & the Ken Fitzpatrick
- Avocado Social’s founder and DMI lecturer, Alison Battisby
- eCommerce expert and DMI lecturer Cathal Melinn
- SEO and copywriting consultant Kate Toon
- Julie Atherton, DMI lecturer and award-winning digital strategist
- Author, trainer, digital strategy consultant, and DMI lecturer Clark Boyd
- Social media influencer, writer, and DMI lecturer Neal Schaffer
- Stephen Walsh, a specialist in learning, sales, marketing, and technology
- Chris Coomer is a DMI lecturer and the vice president of data, analytics, and insights at Neil Patel Accel.
Trends in Digital Marketing Experts
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