1. The important thing in video
According to a consensus among 51.9 percent of marketers, videos have proven to yield the highest return on investment (ROI). As a result, video communications will continue to dominate the spotlight. Today's consumers heavily rely on direct interactions with brands via social media platforms. In the realm of video content, the emphasis will be on delivering enjoyable experiences that foster engagement and hold meaningful value. Live streaming, showcasing behind-the-scenes footage, revealing the challenges faced during a campaign, and capturing moments of success will generate significant traffic. Videos possess a unique power of demonstration, instantly resonating with consumers when they are authentic and transparent in nature.
2. Buy Buttons
Gone are the days when social media platforms were merely spaces for casual interactions. They have evolved into serious business arenas where negotiations and transactions take place. Giants like Facebook, Pinterest, and Instagram are actively vying for partnerships with brands that offer buy buttons. These buy buttons empower users to make purchases directly from the comfort of their homes while browsing through their social media profiles. The inclusion of buy buttons is expected to drive a substantial increase in website traffic, while users can enjoy the convenience of shopping through their beloved social media channels. Notably, e-marketers have experienced a remarkable 34% surge in revenue courtesy of these game-changing buy buttons.
3. Big Data
The Big Data industry is experiencing remarkable growth, with projections indicating a substantial increase by 2023. This surge in popularity is driven by the unparalleled benefits it offers in terms of market analysis, understanding target audiences, and deciphering their behavioral patterns. By harnessing Big Data, you gain valuable insights into the preferences and needs of potential customers, enabling you to effectively tailor your product offerings and marketing strategies. As marketers continue to strive for a deep understanding of their niche audience and seek opportunities to enhance customer persuasion, the Big Data market is expected to expand even further.
4. Native advertising
Native advertising has emerged as a powerful tool to boost brand visibility and drive higher engagement. By prioritizing authenticity and transparent communication, businesses can successfully capture audience attention. Marketers have witnessed a remarkable 25% increase in consumer preference for viewing native ads, showcasing their effectiveness. Native advertising is projected to contribute to 80% of revenue by 2023, underscoring its significant potential for businesses.
5. Facebook Messenger
It is poised for significant growth in 2023, presenting an excellent opportunity for brands. With its ability to facilitate both one-on-one and one-to-many conversations, businesses can engage directly with consumers in a personalized manner. Leveraging this platform, you can effortlessly share offers, deals, and promotional information with a targeted subscriber list. Not only is Facebook Messenger highly cost-effective, but it also boasts an extensive reach, thanks to its millions of active users. Embracing this channel can yield substantial benefits for businesses, fostering meaningful connections with a wide audience.
6. Behavior based email marketing
It plays a pivotal role in achieving brand visibility, driving customer engagement, and ultimately generating revenue. Instead of bombarding customers with generic emails, the key is to personalize the content based on their purchasing patterns. By understanding their preferences, businesses can curate relevant and intriguing emails that captivate the subscriber's interest. For instance, if a customer has recently shown interest in purchasing a mobile phone, sending them a promotional email about motor vehicles would be ineffective. It's crucial to entice customers by showcasing what they genuinely desire, creating a more meaningful and impactful email marketing strategy.
7. Compelling content
It has always been the reigning champion, and its importance will continue to grow in the future. To engage your target audience effectively, focus on creating fresh and relevant content that meets their needs and desires. Gone are the days of mere sales pitches; modern consumers seek brands and services they can connect with on a deeper level. By delivering what they want in a format they prefer, you can forge meaningful relationships. In the highly competitive digital landscape, it's crucial to continuously refine your skills and strategies. Stay abreast of current trends and leverage them effectively to achieve the desired outcomes. Persistence and adaptability are key to consistently generating the right results.