5 Marketing Trends That Will Dominate In 2024
The time has arrived when all marketers are 'pulling up their socks' for 2024, prioritizing planning, strategizing, and execution to effectively reach and connect with audiences while making a lasting and impactful impression.
A key factor in success is staying attuned to upcoming marketing trends and seamlessly integrating them into your strategy. In today's fast-changing tech world, clinging to a single approach is impractical. However, by capitalizing on new trends within your marketing strategy, you'll secure a prominent position in your field, surpassing your competition.
At Wolfable, we've pinpointed the most crucial and noteworthy digital marketing trends to keep an eye on in 2024, along with strategies on how to capitalize on them for your benefit. Let's dive right in.
Digital Marketing Trends To Watch In 2024
1. AI Marketing Automation
A substantial amount of marketers are already leveraging AI in marketing automation to save time on manual tasks, be more efficient in their roles, and provide a more personalized experience to their customers.
AI-powered tools such as chatbots, messaging apps, content generation, etc., are revolutionizing various marketing tasks and are expected to become even more powerful and widespread in 2024 and beyond.
Why Marketers Should Use AI in Marketing Automation?
Using AI in marketing automation provides marketers with numerous benefits. Below are some of the common benefits of using AI in marketing automation.
- Save Time:
AI-powered tools help marketers streamline various marketing processes. This saves their time and allows them to focus on more important tasks such as brainstorming and strategizing.
- Content Personalization:
AI marketing automation helps personalize content as per customer preferences through extensive data and algorithms.
- Cost Efficiency:
By automating repetitive tasks, AI marketing automation helps marketers save money and time. For instance, marketers can use AI chatbots to communicate with customers. This eliminates the need for human customer service agents, which reduces the cost.
- ROI Optimization:
According to a study by Accenture, another benefit of AI marketing automation is marketers can experience an increase in ROI of up to 30%.
How To Take Advantage Of AI Marketing Automation?
Below are some of the ways how marketers can leverage AI to automate their marketing processes.
AI automates customer data and behavioral analysis and creates a personalized experience. It gathers customer data, identifies patterns, predicts the future behavior of customers, provides recommendations and offers content that is most likely to resonate with every user.
Personalization helps with higher engagement rates, customer loyalty, open rates, and click-through rates.
- Email Automation:
To attract potential leads, marketers need to send tons of emails to the customers, which can take a significant amount of time for them.
Using AI, marketers can easily send hundreds and thousands of personalized emails quickly. Moreover, AI helps analyze email performance to allow marketers to improve the next set of emails accordingly.
- Lead Scoring And Nurturing:
AI can also automate the process of lead scoring and nurturing to save marketers time and money. It quickly and efficiently analyzes data to identify which prospects will likely become customers while improving the quality of leads.
Automating lead scoring and nurturing helps marketers save time and resources, effective leads, and higher conversion rates.
- Predictive Analysis:
AI is a great tool for analyzing data on past customer behaviors and trends and making predictions about future behaviors through AI algorithms. This can be helpful for marketers to adjust their marketing strategies according to predictive data.
- Customer Service And Engagement:
Chatbots are one of the AI-powered tools that can help businesses provide customer service and communication to customers in real time.
It can respond to customers and answer frequently asked questions, process orders faster, recommend products, and much more. By using chatbots, marketers can improve customer satisfaction, and save time and resources.
2. UGC Content
Due to extensive AI-generated content floating around, Google prioritizes real human content, where users share their real experiences and personal opinions. Google’s future algorithm changes are unpredictable, however, the demand for user-generated content will stand supreme throughout 2024.
Moreover, user-generated content is a powerful digital marketing trend and strategy that saves production time, increases brand authenticity and trust, and provides social proof, and engagement.
UGC mainly includes images, videos, text, and audio, posted by users online on social media, websites, forums, etc. While UGC is helpful for many sectors, it is even important in the B2B industries, as it helps them enhance brand credibility, be more authentic and trustworthy, and foster a sense of community among consumers.
Why Marketers Should Use User Generated Content?
Harnessing the power of user-generated content offers numerous benefits to businesses. Some of the user-generated content benefits include:
- Increases Brand Reach:
UGC helps maximize brand reach on social media platforms to networks of people not aware of your brand.
- Boost Sales:
Another advantage of user-generated content is that it puts customers at the center of the brand, resulting in more personalized marketing and increased sales.
- Build Trust:
Real stories from real people help build trust among the customers and bring a positive effect on their buying decisions.
- Higher Authenticity:
Content created by real customers is found to be more trustworthy and authentic than the content generated by the brand itself.
- Maximize ROI:
Content generated by genuine customers is cost-effective and time-saving compared to influencer marketing, resulting in increased ROI.
How To Take Advantage Of User Generated Content?
- Customer Promotion:
A good way to take advantage of user-generated content is to promote customers who want to promote your product/service. Record a video of customers sharing their experience and satisfaction with your product/service.
Publishing customer buying experience videos will help the brand be more relatable and create an overall sense of authenticity.
- Review Generation:
- Involve UGC Into Planning:
Incorporating user-generated content into your marketing efforts can make a huge difference. You can brainstorm and strategize different ways to engage potential customers and improve the brand's worth.
UGC will not only help improve efficiency and ongoing communication but also increase engagement and conversion rates.
Next, you can encourage customers to leave reviews. Customer reviews can not only help you improve but also give potential customers more insights into the product/service.
Brands can use reviews as potential promotional material in diverse content forms.
3. Video Marketing
Video is among the most popular types of content created by marketers. The rise of platforms like YouTube Shorts, Instagram, and similar other short-form video platforms, has made video marketing dominant for half a decade now.
With more and more people wanting to see videos, it becomes increasingly important for marketers to utilize the video marketing trend for advertising, product launches, interactive tutorials, etc.
Why Marketers Should Use Video Marketing?
Businesses looking for higher customer engagement, brand visibility, and increased conversions, can receive multiple benefits from video marketing. Let’s explore some of the top benefits of video marketing:
- Increase Revenue:
High-quality video content can connect with viewers while increasing brand awareness and engagement. Marketers can create product or service videos and use them in targeted ads to drive sales.
- Influence Buying Decisions:
Customers are more likely to remember the product/service information presented in video format than in text format. Video helps influence customers before making a purchase and encourages them to buy the product/service.
- Increase Web Traffic:
Optimizing videos with relevant keywords can help drive organic traffic from Google, YouTube, and other social media platforms like Instagram, Facebook, etc.
- Receive More Backlinks:
Businesses can share videos on other websites to build more backlinks and ultimately boost SEO rankings in SERPs, leading to higher sales opportunities.
- Boost Conversions:
Engaging and creative videos boost customer engagement as they tend to capture people's attention better than text or images. Moreover, by adding effective and relevant CTAs in video, videos can easily encourage viewers to take specific actions.
How To Take Advantage Of Video Marketing?
- Animate Infographics:
Infographics can easily convey essential information and content resonates even better when presented via video. Hence, it’s a great option to animate an infographic and make it more interactive.
- Create Educational Video:
The next way to leverage video marketing is to create an informative video about the product/ service to communicate and educate your audience for an informed buying decision.
- Short Clips:
In today’s fast-paced world, average watch times are short; hence, creating and posting short and informative video clips on social media platforms can offer great advantages such as enhanced engagement and brand reach.
- Adding Video In Press Releases And Blogs:
Placing video within press releases, blog posts, and articles is a great way to boost search rankings, increase on-page time, and drive more engagement. Moreover, adding video content related to the topic helps readers understand the content more effectively.
- Including Video In An Email:
The next great way to take advantage of the video marketing trend is to pair a video message with an email. Embedding a video in an email makes the reader experience more interactive and engaging which can convince them to take a desired action.
MarTech trends are constantly changing, and expanding, and expected to evolve in the coming year as well. MarTech tools are highly beneficial to optimize marketing efforts and achieve business objectives.
With the right MarTech stack marketers can stay ahead of the competition and automate, optimize, and streamline various marketing processes.
Why Marketers Should Use MarTech?
The top benefits of MarTech in digital marketing include:
- Faster And Simplified Workflow:
MarTech provides a great combination of technology and techniques that help marketers save time and streamline their workflow by automating repetitive and time-consuming tasks.
- Enhanced Internal Communication:
Various marketing software or platforms provide an effective way for the team to communicate regarding project status and team goals allowing the team to track progress and provide more visibility among team members.
- Content Personalization:
Through smart marketing tools, marketers can collect insights and user data to understand marketing performance, implement strategies to optimize experience accordingly and deliver targeted content.
- Build Better Relationships:
By considering past conversations, interactions, subscription information, etc. marketers can strengthen customer and buyer relationships by delivering exactly what customers want.
How To Take Advantage Of MarTech?
A MarTech stack is basically a collection of software tools that marketers use to automate and streamline their work. These tools offer benefits to businesses in many ways. Let’s explore some of MarTech's tools and how marketers can take advantage of them.
- Marketing Attribution Software:
Such software helps marketers track and attribute conversions to marketing campaigns and use essential information to optimize future marketing strategies.
- Email Marketing:
There are many effective email marketing software available that help automate email marketing campaigns and simplify communication with customers.
- Content Management System:
This type of system provides assistance in managing content by streamlining editing, deleting, and tracking content.
- Customer Experience Software:
Such software helps understand customer interaction with websites or products, and overall customer behaviors to allow marketers to improve customer experiences.
- Customer Relationship Management Software:
CRM software helps store customer information, track customer interactions, manage customer relationships, and automate various tasks like follow-up emails or scheduling appointments.
- Search Engine Optimization Tools:
SEO tools help optimize websites for search engines like Google and Bing to improve visibility and attract more site visitors.
- Social Media Management:
This type of software streamlines posting content on various social media platforms and allows tracking of customer engagement and more.
5. Story-Driven Content
Another growing digital marketing trend for 2024 is story-driven content. In the world of AI-generated content, story-driven content tends to connect more with customers as it can convey a message more authentically and meaningfully.
Through story-driven content, brands can differentiate themselves from competitors and create a human connection with customers, which significantly drives more value and builds customer trust.
Why Marketers Should Use Story-Driven Content?
Nowadays, storytelling is winning in marketing. Below are the top benefits of using story-driven content in digital marketing:
- Convey Original Personality
Creating story-driven content helps brands showcase their personality through loud and clear storytelling and allows customers to experience and connect to the brand’s true personality.
- Hit The Emotional Quotient:
A story-driven content helps brands convey real stories that evoke feelings and emotions among customers.
- Repeats Customer:
The best way to bring customers back is through storytelling. When customers read an engaging story, it lights up their brain and brings them back for more.
- Make Content Exciting:
Content should not have to be boring. By creating story-driven content, marketers can deliver more exciting and interesting content to audiences, which drives more engagement.
How To Take Advantage Of Story-Driven Content?
- Customer Success Stories:
The best way to use story-driven content is by showcasing testimonials and case studies, as it helps build trust and credibility.
- Visual Storytelling:
Story-driven content should be interesting enough to engage the customer. Combine visuals, audio, and text and present your story in different forms, including videos, images, and infographics on social media platforms to enhance engagement.
- Marketing Campaigns:
Incorporating storytelling into marketing campaigns can be an effective way to build connections with the audience and convey the message.
To summarize, trends in digital marketing in 2024 are surrounded by evolving technologies and human-centric approaches.
While harnessing the power of Artificial Intelligence and other immersive technologies, brands should not forget the importance of personalization and emotional content.
Overall, companies that take advantage of these trends will leave no chance to meet the expectations of their customers and position themselves ahead of the competition.
Staying top of future digital marketing trends requires the support of a smart partner or say an experienced digital marketing agency.
Wolfable is a rapidly growing digital marketing agency in India. We understand the importance of keeping up to date with the latest trends in digital marketing.
Leveraging these and more such trends, we continuously focus on creating innovative and effective digital marketing for our clients to attract success.
Contact us today to embrace the benefits of digital marketing.