Explore Some Interesting Marketing Trends for Your Business in 2018

Published on: 01 August 2018 Last Updated on: 01 August 2024

How effective is your business marketing strategy? Have you been successful in staying abreast with the latest marketing trends? Have you been implementing effective strategies for measuring your success? If the answers to the above questions are no, do not lose heart. You are certainly not alone on this count. Several small businesses and SMEs do not even bother to find out if at all their business marketing tactics are working successfully. Here we would be examining some of the latest business marketing trends that are dominating the scenario today. You are advised to follow these strategies for gaining incredible business success.

Tune Your Market Strategy :

A small segment of business owners is aware when their market strategies are tanking. This could happen due to lack of planning, poor planning, haphazard attempts at success and no foresight. Successful digital marketers know that a large portion of their budget must go into content marketing on blogs, social media, and emails and so on. Good content must be created and promoted so that the business is noticed and can take off.

Plan, Plan, Plan

Less than 40% of businesses have effective content marketing strategies in place. Some fail due to poor quality content, others because they don’t target their audience properly. A good marketer always tracks activity through each stage of the funnel and ensure that the strategy is fine-tuned when things go wrong.

Tracking & Measuring :

How to gain marketing success digitally for your SMEs could still seem to be a mystery for many of you. A huge percentage of small business entrepreneurs, as much as 46 percent to be precise, actually do not have any idea if the marketing strategies for their businesses are effectively working or not.

Thanks to the present cutting-edge technologies, you are in a position to keep on tracking all your marketing returns, expenses, and debt. For example, you could today find out exactly how much it would be costing your business for acquiring a new customer. You must consider all dollars diverted toward various areas of marketing including social media, website, blog writing, trade shows, direct mail, paid social, etc. you must consider factoring in all you have already spent on all these important marketing elements and then divide the amount by the number of new clients you acquire every month. Moreover, you must find out from exactly which marketing channel you are able to get new clients and more inquiries. It is imperative to consistently track ROI.

Social Media Marketing Is Currently the Rage :

As per a recent study, it has been predicted that 2018 is surely going to be the year of intense social media promotion and marketing. Among the SMEs, an impressive 71 percent is expected to gain new clients by using social media platforms effectively for marketing their brands. This present marketing trend must be given a lot of importance and most entrepreneurs are appreciating and understanding the effectiveness of social media marketing. Social media is certainly one of the hottest business marketing trends.

Facebook is obviously the prime choice for small businesses as 79% of entrepreneurs would be using Facebook in all their marketing endeavors. Will your business be benefitted if you incorporate the social media marketing plans into your business strategy?

According to some Facebook exponents, Facebook success is all about going mobile. If you wish to maximize the impact of Facebook in the marketing and promotion of your business, you must dedicate all your efforts at generating and delivering everything mobile-friendly.

Virtual Reality Is Common :

Virtual reality is gaining importance by the day and is, therefore, becoming a common marketing tool for both small and big brands. The actual challenge would be to utilize Virtual Reality or VR in such an effective way that it really makes sense for both your target audience and brand messaging in general. VR marketing actually is an emerging trend and now is the right time for exploring the options that are available to you and getting well ahead of the competition.

Pinterest :

Pinterest is actually regarded as a niche social networking site. However, it is forecasted to be a huge success. The best way of grabbing marketing attention is by utilizing Pinterest Lens and its versatility and functionality for engaging effectively with consumers and showcasing your mind-blowing style, products, and services.

Artificial Intelligence :

Early exponents of AI or Artificial Intelligence have categorically realized the efficacy of AI in boosting user engagement. However, incorporating AI into any site’s chatbox such as the Facebook messenger could be creating more creativity and it also helps you to understand clearly the target market of the brand. Artificial intelligence would be addressing consumer needs and issues with perfection and the same degree of efficacy as a human agent. Remember it would be quite effective and helpful if the artificial intelligence experience absolutely delights your customers in basically lighthearted and fun ways.

Conclusion :

This year marketing trends have focused on honesty and authenticity. The latest marketing trend is to focus on stark reality or brutal honesty and this marketing trend is winning a lot of acclaim and appreciation. Marketers could discuss their products and explain clearly how advantageous those products or services are. They must, at the same time, tell their target audience the scope for improvement and the flaws that may still exist. All these statements could be supported by truly objective customer reviews. Authenticity for brands is the hottest marketing trend today. Around 86 percent of the customers feel authenticity is of utmost importance while deciding and evaluating the brands. Around 60 percent of consumers believe that user-generated content is the best form of authentic content.

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Tips on Selecting a Storage Solution for Your Growing Business

As your business grows, so does the need for secured professional data storage. You will have to store information in the form of graphics, e-mails, audio files, document presentations, spreadsheets among other forms. As a business owner, you should understand that you need more space to store your data when you develop new business systems or applications, generate new database records or create more files. In most cases, choosing a reliable storage solution is difficult because there are numerous professional companies offering such services. The following tips can help you determine the right storage solution for your business: 1. Assess your current and future data storage needs : Since your business is growing with time, you should first consider your current and future needs for storage. You should start by determining whether you have the minimum storage requirements for your device drivers, applications, documents, etc. Of the space you have left, you need to determine whether it can sustain your storage needs for the next five years. You can manage your business storage needs by restricting the number of storage employees can use, but you cannot sustain these restrictions for a long period of time. 2. Consider your storage options " Your storage option can be determined by the type of business you are running, your storage needs and your budget. Hence, it is very important to consider all the options to avoid making a mistake or invest your money wrongly. If it is your first time to choose a storage option for your business or you are not familiar with the options, seeking professional advice is highly recommended. However, you will have to spend some money, but it is the right thing to do instead of taking risks or depending on trial and error. Flash memory thumb drives, external hard drives, network-attached storage, and online storage are some of the options you can choose from although cloud storage is a form of online storage that increases the performance of your network, makes data easily accessible to your employees and guarantees data safety even in case of system failure. If you are not sure about the storage option to choose or even the pros and cons of the options available, you can visit ServerMania.com to learn more about these storage options. The site offers a range of information mainly about cloud storage to help you make the choice. In fact, if you don’t know the storage option to choose, you can seek professional advice from the site. 3. Develop a plan : Finally, after making up your mind that you need a data storage solution, you need to develop a plan. The plan will help you make the right choice, spend wisely and exhaust all the option(s) before you make a final decision. Consulting with a trusted IT advisor is the first thing you should do to benefit from their vast experience, knowledge, and skills. Secondly, you will have to research on your own because you cannot rely solely on opinions and ideas from other people. You will have to dispute them, argue, ask questions and give your opinion. Prudent business owners do not wait until they need more storage to look for options. Instead, they start planning in advance to avoid making mistakes and explore all the available options. Even if you are looking for a viable storage option, you don’t have to spend a lot of money because it can affect your business. In fact, you should remember that you will spend more money as your business grows because you will have more storage needs. This means that you need to be very considerate when selecting a storage solution. Read Also : 5 Steps On How To Market Your Business Using Social Media Why Every Business Needs Digital Marketing Make Your Business Popular Online

How Automation Tools Are Transforming Digital Marketing?

When it comes to digital marketing, automation tools are no longer just a futuristic concept; they have become a fundamental part of the marketer's toolkit. Automation not only enhances efficiency but also brings a level of sophistication and precision to marketing campaigns that were previously unattainable. To explore its applications further, here’s a look at how automation tools are transforming the field of digital marketing, backed by facts and recommendations that may not be commonly known. The Emergence of Automation in Digital Marketing The digital marketing world is inherently fast-paced and dynamic, with an ever-growing need for more efficient and effective strategies. This is where automation tools step in. They are designed to automate repetitive and time-consuming tasks such as email marketing, social media posting, and ad campaigns. But apart from streamlining repetitive and time-consuming tasks, there are several other ways in which automation tools have impacted the field of digital marketing. These are as follows: Enhanced Personalization and Targeting One of the most significant impacts of automation in digital marketing is the ability to personalize content at scale. With advanced data analysis capabilities, automation tools can segment audiences more precisely and tailor messages to meet the specific needs and interests of different groups. This granular approach to targeting not only increases the relevance of marketing messages but also boosts engagement rates. For instance, automated email marketing campaigns are known to result in a 70.5% higher open rate and a 152% higher click-through rate compared to standard emails, as per Campaign Monitor’s data. Streamlining Marketing Operations Automation tools streamline various aspects of marketing operations, from lead generation to customer retention strategies. They allow marketers to set up triggers based on user actions, ensuring timely and appropriate responses. For example, a user visiting a particular product page can automatically receive targeted emails or ads related to that product. This streamlined approach not only saves time but also ensures a cohesive and consistent marketing effort. Other Benefits and Recommendations Here are some other benefits of using Automation tools in the field of digital marketing: Predictive Analytics for Future Planning Beyond just automating tasks, some sophisticated automation tools now incorporate predictive analytics. This feature uses historical data to forecast future trends and consumer behaviors, allowing marketers to plan more proactive and strategic campaigns. Automated A/B Testing for Optimized Results While A/B testing is a known practice, automating this process can significantly enhance its effectiveness. Automated A/B testing can simultaneously test multiple variables, providing quicker and more accurate results to optimize marketing strategies. Integration with Customer Relationship Management (CRM) Integrating automation tools with CRM systems can create a more seamless customer journey. This integration ensures that all customer interactions, from initial contact to post-sale service, are tracked and managed effectively, leading to improved customer experiences and loyalty. Data-Driven Insights Marketing automation tools provide valuable data on user interactions, allowing marketers to make informed decisions. It helps identify audience preferences, optimize campaigns, and improve overall performance. Consistent Branding Automation tools maintain a consistent style across marketing channels, including visuals, content, and communications. This consistency enhances brand reputation in the competitive digital space. Social Media Integration Social media automation tools enable scheduled posts across platforms. Marketers can create content in advance, post at optimal times, and engage with audiences more efficiently. This results in better social media presence and increased engagement. Lead Nurturing and Generating Quality Leads Using automation tools allows marketers to nurture leads at every stage of the customer journey. For instance, when a user downloads a brochure from your website, marketing automation can automatically send personalized follow-up emails based on their interactions. This personalized approach increases the chances of conversion. Furthermore, 86% of marketers believe that marketing automation has improved lead quality. By analyzing user behavior and personalizing content, automation tools help attract and retain high-quality leads. The Challenges and Ethical Considerations While the benefits are substantial, there are challenges and ethical considerations in using automation tools. One major concern is the potential for a lack of personal touch. Marketers must balance automation with human interaction, especially in customer service and content creation. Additionally, data privacy and security are paramount. This is one of the most crucial considerations when it comes to using automation tools in digital marketing. Transparency and consent are absolutely essential. Hence, marketers must always inform users about data collection and usage beforehand. Moreover, with automation tools handling vast amounts of personal data, marketers must ensure compliance with regulations like GDPR and prioritize data security to maintain consumer trust. We have discussed some other challenges and ethical considerations of using Automation tools in digital marketing: Quality vs. Quantity Using automation tools can help to generate large volumes of leads but not all of them will be high quality. Focusing on the quantity of leads as opposed to quality can harm conversion rates. Hence, marketers should prioritize lead quality along with quantity to build meaningful relationships with customers. Customer Experience Overuse of automation tools can lead to impersonal interactions and can make brands seem robotic and detached. This spoils the consumer’s experience with the brand and results in a loss of authenticity. Hence, organizations should only use automation to enhance personalization not replace genuine human connection. The Future of Automation in Digital Marketing Looking ahead, the role of automation in digital marketing is set to become even more significant. Advances in AI and machine learning are expected to introduce even more sophisticated automation capabilities. As per Gartner’s prediction, by 2023, 40% of infrastructure and operations teams in large enterprises will use AI-augmented automation, resulting in higher IT productivity. We have explored some of the predictions and trends below: Automating High-Value Actions: Brands will move beyond automating repetitive tasks. They’ll focus on automating quality customer experiences, especially as consumers prioritize personalized interactions. Marketing, Sales, and Success Alignment: Teams (marketing, sales, and success) will collaborate more closely. Automation workflows will account for user behavior beyond marketing, ensuring a seamless customer journey. Automation as a Vital Part of CRMs: CRMs will integrate automation seamlessly. Sales professionals will leverage technology to close deals, enhancing efficiency and customer relationship management. Across a Company’s App Stack: Automation won’t be limited to marketing. It’ll extend across various business functions, optimizing processes and improving overall productivity. Business Chatbots as Full-Time Agents: Chatbots will evolve beyond simple responses. They’ll handle complex interactions, provide real-time assistance, and enhance customer support. AI for Automated Decision-Making: Artificial intelligence will drive data-driven decisions. Marketers will rely on AI algorithms for campaign optimization, targeting, and content recommendations. Automating Data Collection and Reporting: Automation tools will gather and analyze data efficiently. Real-time insights will inform marketing strategies and performance measurement. Robotic Process Automation (RPA) RPA will help businesses become more productive by automating repetitive tasks, reducing errors, and freeing up human resources. Improve Efficiency and Productivity With Marketing Automation Today, automation tools are not just transforming digital marketing; they are redefining it. By embracing these tools, marketers can unlock new levels of efficiency, personalization, and strategic insight. In this process, it’s crucial to approach automation with a balance, ensuring that the human element of marketing remains intact. As we continue to navigate the ever-changing digital landscape, the integration of automation in digital marketing strategies is not just a trend – it's a necessity for staying competitive and relevant in today’s digital marketplace. For further support, don’t hesitate to get in touch with an experienced digital marketing agency. Read Also: What Makes Automation Testing Essential For Retail? What Is YouTube Automation? Everything You Need To Know The Rapid Growth In The Global Industrial Automation Market

Essentials For Digital Marketing

If you’re starting your own business in digital marketing; congratulations! Digital marketing is in and has a lot of potential in the job market. It is very lucrative for young entrepreneurs who are changing the way the world looks are business. There is a vast number of digital marketing jobs and career opportunities in the future. Having been born into an era of technology, Generation Z has a natural affinity toward technology and computers. It doesn’t hurt to be equipped with the knowledge and even though you may have talent, it is important to enhance it with learned skills. Now, apart from talent what do you need to have a successful digital marketing business? Read on to know more. Know your target audience: For any marketing strategy, it is very important to know who you’re targeting. You have to segregate consumers according to their economic status, age, sex, and location. A local company targeting another city won’t get much business so it’s of no use. Besides the digital market is not exactly cheap so you have to narrow down your options to the demographics that will get you the most business. Teenagers won’t buy diapers, and a strategy that is targeting this age group will fail. If you are a digital marketing firm or a single entrepreneur, ensure that you thoroughly study the market as well as the client product and service. You need to have thorough knowledge to be able to empathize with consumers Decide location: After setting the demographics, analyze the locations where the advertisements may be relevant. Some products can be shipped across cities. In such cases, you can target any location that has not been targeted by your competitors yet. Unless you’ve got great content and a great marketing team, play safe with the location. A lot of investment goes into digital marketing and unless you’ve got money to burn don’t experiment recklessly. If your client ships the product across cities, you may still have to decide a relevant area to start targeting. An untapped market is always the best choice and you can market aggressively if you have the budget. Decide content for marketing: The consumer is king! For a digital marketer, content is king. With the right content and action words, you can sell any deal. Now, how do you decide what kind of content to add? It depends on the demographics. You will market brands, products, and services differently. Each of these has different methods of campaigning and so is the content. Brand marketing is different because here you’re establishing trust. You’ll target the audience with content that tells them why they should choose you. Products and services will have descriptive campaigns where you explain why the audience should spend their money on you. You can pitch the brand to a bigger audience whereas products and services will have a limited relevant audience only. Allocate budget: The next most important thing is budgeting. Now that you’ve decided upon the content and the demographics, you now need to identify the resources that will go into marketing. Do you have enough to do everything that you’ve planned? Allocate budget to each campaign according to their utility. Each campaign needs to be developed according to the content and budget available. Bear Newman from bearfoxmarketing.com says that spending more time and money on marketing will make a business more successful. Take cognizance of the platforms you’re advertising on. Platforms like Google and Facebook cost more than organic SEO practices. Which niche of digital marketing are you an expert at? Only stick to that and optimize marketing. Do competitor analysis: A very important component of digital marketing is competitor analysis. Unless you know what your competitors are up to you will not be able to build a good strategy. A good digital marketing strategy is one where you outsmart your competitors or target an area where you don’t have much competition. Analyzing the strategies that your competitors make use of is a brilliant idea. Fortunately, this is easy now because everything is visible online and you have tools that can measure competitor growth. Doing this is very important even if you are not running active campaigns to keep abreast of the trends in the industry. Analyze how they place their content and the catchy slogans they use. Remember you can learn a lot from others’ experiences too. This will give you an idea of what works and what doesn’t in the world of digital marketing. As interesting as digital marketing is, the gruel is just as much. If you want to be good at what you do, choose your information sources carefully and go through case studies for the best results. Read Also: Should You Hire A Digital Marketing Agency? Why Every Business Needs Digital Marketing Four Things Marketing And Public Relations Firms Want To Tell You

Explore Some Interesting Marketing Trends for Your Business in 2018

Tune Your Market Strategy :

Plan, Plan, Plan

Tracking & Measuring :

Social Media Marketing Is Currently the Rage :

Virtual Reality Is Common :

More Dependence on Interactive Content :

Pinterest :

Artificial Intelligence :

Conclusion :

Tips on Selecting a Storage Solution for Your Growing Business

How To Choose The Best Broker For You

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Related

Tips on Selecting a Storage Solution for Your Growing Business

How Automation Tools Are Transforming Digital Marketing?

Essentials For Digital Marketing

Explore Some Interesting Marketing Trends for Your Business in 2018

Tune Your Market Strategy :

Plan, Plan, Plan

Tracking & Measuring :

Social Media Marketing Is Currently the Rage :

Virtual Reality Is Common :

More Dependence on Interactive Content :

Pinterest :

Artificial Intelligence :

Conclusion :

Share this Article

Tips on Selecting a Storage Solution for Your Growing Business

How To Choose The Best Broker For You

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related