Our 2024 Digital Marketing Predictions
Laura Farkas
Chief Funnel Architect and CMO @ LMNts Marketing | Author | #EB100 2023-24 | Best Marketing CMO 2022 | Clutch 2024 Lead Generation Award
In 2024 we will see quite a few changes in the digital marketing world. In 2023, AI has grown into a teenager; with loads people using it for good and bad.... In 2024, tools will become more sophisticated. But that's not the only change awaiting us, digital marketers in the new year. Here are our top 7 predictions that can help you shape your digital strategy in the new year. Some people will develop smart strategies to utilise AI, others will continue to abuse it. Here are seven key predictions that will you create a winning digital strategy in the coming year.
Brands with an allocated annual marketing budget will be looking to get more back from their campaign. Optimising conversions and making the most out of data and intelligence will be the priority of these brands. they will start measuring results better to increase their ROI instead of cutting back on the marketing budget.
5. Trust and Relationships Focus
With the reputation of some businesses suffering and viral marketing producing a lot of disappointments in the previous few years, reputation management will become more important for brands big and small. Trust scores, marketing campaign reputation, and customer feedback will drive sales more, as customers become more educated and savvy.
6. Content and Marketing as a Branding Tool
Achieving an expert status and publicising results will drive brands' content marketing strategies. As predicted in a few previous newsletters, branding, marketing, and reputation management will go hand in hand, forming a holistic branding strategy. With Google's continuous "Helpful Content Updates", content spam will be reduced (unfortunately not eliminated), and AI content will drop from search engines, being replaced by helpful, informative, and original pieces.
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7. Social Media Landscape in Turmoil Pending a Reshuffle
It is likely that the distrust in Meta platforms and X will result in advertisers and businesses turning to more reliable sources or genuine traffic. I have written about my experience with Meta, and the problems the platform has. Online platforms competing for advertising money will need to do more to protect customers' data, deliver real results, and make their interface user-friendly. It's likely that LinkedIn will win the game, with some smaller niche platforms gaining more traction in 2024.
2024 will be the return of authentic marketing and smart customers. Brands that embrace the power of the latest technology while still create honest, useful, and helpful content will win long term. It's like we are thrown back to 2012 when loads of affiliate marketers came on board making bogus claims until regulations caught up. Now, it's not about the regulators, but the new Gen X and Y customers. They are the main driving force of this digital marketing revolution brewing in 2024.
Sources:
https://www.forbes.com/sites/forbescommunicationscouncil/2023/10/30/top-5-marketing-trends-for-2024/
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Great insights, Laura! ??
Online Lead Generation Specialist??- EB100 Top SME Business Uk - Founder of Digital 4 Trades Ltd - Sales & Account Director at LMNts Marketing - Helping SMEs Grow ??Their Business through a Winning Digital Strategy
11 个月Absolutely, Laura! I can't wait to delve into these predictions and enhance our digital strategies for the upcoming year. Let's stay ahead of the game! ?? #DigitalMarketing #2024Trends