Digital Marketing Trends 2024
In the fast-paced world of marketing, staying ahead of the curve is essential. As we move into 2024, it is crucial to explore the latest trends that...
6 min read
Vested Marketing May 29, 2023 12:59:00 PM
Marketing and sales have changed drastically since the turn of the century. What are those changes, and how do we adapt? As inbound marketing gurus, we provide our top insights for you to unlock your success and optimize with change.
Previously, marketing was almost entirely done by blatant and in-your-face advertisements from companies. Whether it was on TV, the radio or a billboard, companies were attempting to come up with clever ways to earn your money.
However, the invention of the World Wide Web caused a paradigm shift that would change the way advertising was done forever. Giving individuals a voice they never had before, the internet became a place where faulty products were brought to light while elite products were praised.
Consumers now held power.
These five factors combined with the internet changed marketing forever.
The availability of the internet gave consumers unprecedented access to education, like when shopping for mortgage rates. It was as if the Library of Alexandria was imported directly into our homes.
Before making purchases of a product, people are able to go online and read reviews (both good and bad) of what others were saying.
As such, we need to be empowering loyal clients to become promoters of our brand! How? Leverage channels such a email marketing to delight and simply ask your clients for a review. Read more about client referrals here.
This was pushed even further with the proliferation of social media platforms. In today's world, one of the biggest forms of marketing come from influencers/celebrities on social media. Companies will pay big bucks to have the latest TikTok star or Hollywood celeb promoting their product.
And guess what...it works.
Now all a company has to do is put out their best product or service possible, and their consumers will take care of the advertising for them, like SYO Mortgage - essentially inbound marketing at it's core. To capitalize on this, ensure you're providing consumers with the narrative you want to be known for by leveraging social media as a company.
There used to be a time when a person would go door to door showing people how a product worked in an attempt to make a sale. This interruption-based method stopped daily routines as we had to sit there and listen to the spiel being pitched.
With the invention of the internet came a long list of spam emails with false offers or ads introducing cyber attacks and viruses to our computers as soon as you clicked on them.
For a while, it seemed like there wasn't a single ad on the entire web that was genuine. Every day people grow more skeptical of what is being offered to them. (Not to mention, with the
So how do you stand out?
It's no secret that consumers don't like being pushed to spend their hard earned cash on something they don't truly want. Study after study shows that the most effective way to advertise in today's market is to use an inbound-based approach, providing potential customers with transparent information and allowing them to research and buy on their own time, when they are ready.
By providing relevant information that prospects are searching for first without rushing a sale, brands can begin proving themselves even before a consumer considers the purchase. This in-turn will help build brand trust and lead to loyal, life-long customers.
The irony of the situation is clear - consumers will PAY not to be advertised to. Sounds crazy, doesn't it?
Some examples are too easy to spot such as Netflix and Spotify Premium. People are tired of seeing advertisements. Commercials have become an irritant that must be stopped at all COSTS (see what we did there?).
Streaming through those platforms is only one of many ways for us to rid ourselves of unsolicited commercials and ads. Ad-blocking apps have also become another popular way to make sure we only see the material that we want. From 2014 to 2021, the number of users using an ad-blocker on their connected devices has increased by nearly 100%.
We only have to take a look at this tweet to understand why.
A decentralized system will be key to Web 3.0, which is another reason marketers should start thinking about this era right now, so they are prepared for its arrival.
Decentralization means that data is spread across multiple networks rather than being held in a single location that could then be targeted by hackers or malicious entities.
The idea is to make it difficult for hackers or outside sources to access your data, and decentralization makes this possible. The good news is that blockchain technology has built-in protections against attacks and decentralized ledger systems will be critical for Web 3.0.
Data security and transparency will be provided by blockchain technology as more businesses start using this decentralized system. Blockchain technology will make it possible for customers to interact directly with businesses without the need for intermediaries, which means consumers will have more control over their data privacy.
The goal is to eliminate middlemen and move toward an open ecosystem of marketing that puts the power into the hands of end users where it belongs.
AI (Artificial intelligence) is transforming almost every industry (including inbound marketing), and marketing is no exception. AI's capabilities in collecting and analyzing vast amounts of data make it a revolutionary force in understanding consumer behavior and creating personalized experiences.
AI is also changing the way we approach content creation and personalization. It can automatically generate marketing content and customize it to cater to the individual preferences of each consumer. For instance, AI algorithms can analyze a user's browsing history to suggest products they may be interested in.
Moreover, AI can also manage email marketing campaigns by analyzing which content has the best open and click-through rates. It can then tailor future emails to the preferences of each recipient, significantly increasing the likelihood of engagement.
When it comes to SEO, AI is changing the game too. Google's latest algorithms are now based on AI and machine learning, meaning that the old ways of keyword stuffing are becoming less effective. Today, Google values relevant, quality content that satisfies user intent. AI tools can help marketers optimize their content by suggesting topics, keywords, and phrases that are currently trending in their industry. This ensures your content stays relevant and ranks high in search results.
AI chatbots are another significant innovation in the marketing landscape. They provide instant, automated customer service, effectively addressing queries and issues while collecting valuable customer data simultaneously. Integrating AI chatbots on your website or social media platforms can significantly enhance the customer experience by providing immediate assistance and leaving your customers feeling valued and understood.
To keep up with the shifting landscape, marketers should incorporate AI into their strategies. From creating highly targeted ads to offering personalized experiences and providing immediate customer service, AI has the power to elevate marketing efforts to unprecedented heights.
By leveraging machine learning, the digital world is revolutionizing how websites are made accessible. AI web accessibility solution technology enables users to take a scaleable approach to web accessibility in a business-friendly way.
Making sure your website is accessible for those with a disability is not only required by law, but its the right thing to do. Having an ADA Compliant website also offers several other benefits, such as increased traffic with improved SEO and eligibility for tax credits.
Is your website ADA compliant? Get a free audit!
The studies have made it clear that we need to be adapting to how the internet to evolving and how consumer behavior trends. Here's what to do:
Educate your prospects by giving them something valuable. Not only will you be building their trust by not trying to sell right away, but you're also positioning your company as the subject-matter expert. When in turn they do need your offerings, you can be sure your company will be the first they'll reach out to.
Build content that promotes how your services or products help solve your prospects problems, like our friends at Senderra. This goes hand-in-hand with providing value. People are searching for questions to answer their problems - give them solutions. One of the most efficient ways to do this is through Search Engine Optimization and Inbound Marketing. By helping your prospects, you're more likely to acquire loyal customers.
Continue to engage your customers after the purchase, ensuring that their experience continues to be enjoyable. This can be done by staying in contact with customers through emails, newsletters, or implementing chat-bots on your website, where they can go to have simple questions answered quickly.
Empower your customers to promote your brand through referrals, which is the easiest and most cost-effective way to gain traction for your business. Showcasing previous customer experiences creates social proofing that verify your company as trustworthy. You can do this by creating case studies and testimonials showing real life examples of successfully assisting customers.
Speaking of real life examples, learn more about how our team Vested assists an engineering firm to increase awareness and generate contacts while using the right marketing tools, an inbound approach, and pivot to industry changes.
Case Study: Engineering Success
PES been able to adapt through both internet changes and the COVID-19 pandemic, being able to grow their company and service more clients.
See how by viewing our case study below!
As a certified HubSpot Partner Agency, we not only understand the benefits of using the inbound marketing platform to increase traffic and engagement, improve SEO, generate leads, design effective websites and boost sales, we know how to make it happen.
We are inbound marketing experts, SEO gurus and top-notch website developers.
Our team of Engineers Turned Marketers can help get you noticed - for a more innovative and effective way to reach customers, or provide a more seamless way for companies to find your services. Inbound Marketing has no limit to industry, serving from Crypto & NFT, mining, oil and gas, technology & automation, engineering, technology, water saving technology, construction, healthcare, local products like old fashion cocktail mixers, to industrial & manufacturing , term life insurance, Amazon sales, fast fashion, wholesale fashion and wholesale clothing, and shopping your own mortgage.
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