Essay details:

  • Subject area(s): Marketing
  • Price: Free download
  • Published on: 14th September 2019
  • File format: Text
  • Number of pages: 2

Text preview of this essay:

This page is a preview - download the full version of this essay above.

We're almost halfway into 2018 and the projection of this trends is only set to increase. Not all will directly affect you or your business, but they're certainly worth knowing.

So, let's get to it.

1. Video Marketing

2017 was a big year for video marketing, but 2018 will be even bigger as companies incorporate video marketing into all aspects of their customer experience. In fact, video marketing is projected to account for 80% of total internet traffic by 2020. If you haven't adopted visual content into your marketing strategy yet, now is the time. Creating video content doesn't have to break the bank either, some stabilisation equipment (tripod, mount, gible or even a selfie stick!) plus an up to date smart phone and you'll be good to go, you can even edit the finished content directly on the device. Have a look here for just one example of the how easy this can be.

2. Chatbots

'Hey Cleo, what's my bank balance?' Just one of the phrases I ask through a Messenger Bot on Facebook on regular occasion. Consumers do not like to wait around for a response from your business, but, thanks to chatbots (AI powered live chat tools) customers can receive immediate responses to basic, or repeatable questions. As this AI response becomes more advanced and readily available we can expect to see more companies embrace this technology. For now, if you're rocking a Facebook business page, you can switch on an auto-reply for any new messages to your page, learn how to here.

3. Storytelling

In other posts, I often refer to 'documenting' your processes, your business life, or your life. Documenting is storytelling. It is human to love a good story, so it's easy to see why many brands are focusing on creating story lead content into their digital marketing plan/strategy. With social media continually growing/changing from a traffic delivery method into a customer engagement experience, companies will aim to keep their customers happy through creative storytelling and transparency about their brand purpose. Read my post about owning your field in social media, you'll learn more about documenting there.

4. Rise in the cost of Social Advertising

Gone are the days of organic reach providing steady traffic and engagement. Now, businesses must use paid social media to gain any traction. Increases in the number of advertisers on each social platform, unfortunately, means cost increases, forcing companies to choose between increasing their social budgets or finding other chance to drive brand awareness.

5. Growth Hacking

Although many will call it a buzzword, growth hacking remains top of mind for entrepreneurs looking to grow and scale their businesses quickly. A phrase coined by Sean Ellis, growth hacking involves experimentation of different marketing approaches to exponentially grow sales. For 2018, expect to see marketers explore SEO and video marketing (#1) as growth hacking methods.

6. User Generated Content

We've been subjected to user generated content before, however, brands are now understanding the value of the opinion from a "real person". Customers trust other customers more than ads or celebrity endorsements. In fact, 66% percent of consumers trusts other consumer opinions posted online, which is why so many brands are turning to user generated content to boost sales. If you haven't leveraged this form of content yet, adding testimonials and reviews to your website is an easy way to jump on this trend.

7. Interactive Content

Gone are the days when companies would simply upload plain text blog posts and receive massive traffic. To engage users in 2018, brands will have to use more interactive forms; quizzes, polls, and videos (just watch out for saving data #GDPR). Polls are already preloaded into most social media platforms, utilising these will help you engage your consumers and understand how they reply.

Building a marketing strategy doesn't have to be rocket science, neither does picking the new approaches you wish to chose. Just because the above tips are what's on trend at the minute doesn't mean you have to use them all.

...(download the rest of the essay above)

About this essay:

This essay was submitted to us by a student in order to help you with your studies.

If you use part of this page in your own work, you need to provide a citation, as follows:

Essay Sauce, . Available from:< > [Accessed 26.05.20].