Marketing trends come and go faster than you can say “let me think about implementing that,” but those that take action and ride the wave at the perfect time can explode onto the scene. Here are four marketing trends that your company can leverage right now.
In an age where selfish marketing is easily ignored, custom content reigns superior. Traditionally, social media focused on two pillars: a) curating content from publications, and b) interacting with followers. While these are still important, a large focus is now placed on custom content. Content that is original, informative and/or entertaining provides value for your brand’s followers; it’s content that they can only find by going to your website or your social media page. Great custom content comes in all shapes and sizes; it can be visually appealing imagery, informative blog posts, funny photos and now more than ever, (with Vine and Instagram) engaging videos. As a side note, statistics say that 80 to 90 per cent of global consumer traffic will be via video by 2017!
An example of custom content courtesy of Puma
Progressive publications that traditionally sell advertising space have also caught on to the trend and are now offering custom content to it’s clients through native advertising avenues; an example of this is the bundle of original content articles Schema Magazine created for the reality show, K-Town. Bottom line is, if you’re not creating original and unique content now, your customers have no reason to pay attention to you.
At this very moment, the majority of advertising dollars are still going towards traditional mediums like television, and although digital has taken a large chunk of those dollars in recent years, television advertising will not go away until television itself goes away. That day might not be far off as consumers begin to flock towards more affordable subscription-based entertainment options like Netflix, but until there’s a replacement for live news coverage and live sporting events, cable and broadcast television is here to stay. Having said that, advertisers are beginning to leverage the benefit of real-time social media capabilities and television.
Every hit television show usually comes with a hashtag in hopes to create further conversation on social mediums, but it won’t stop there. Expect television to go under some major retooling to encourage more advertisers – innovation involving picture-in-picture integration with social accounts and real-time QR codes might sound ridiculous, but the ability to engage viewers at an even higher level is definitely being looked into. But before television undergoes these changes, social media and TV are still acting like two isolated mediums being forced together by advertising dollars. And, whenever this happens, the industry is just waiting for someone to do it right.
Having more data is like having more apple trees. The opportunity to find 10 great apples in an orchard of one hundred trees is greater than if you only have a single tree to pick from. The more data we collect, the more chance we will be able to find the nuggets of information and supporting evidence that will lead to more accurate predictions.
That quote is from Anto Chittilappilly, co-founder and CTO at Visual IQ, which produces cross channel marketing attribution software products.
Big data has been the “it” word for some time now, but people have been hesitant to get on the bandwagon, mainly because it’s inherently complex. The current Social Media metrics consumers have access to are great, but big data has the capacity to build full consumer profiles that allow brands to use historical facts to determine future outcomes. It’s like having a crystal ball that tells you exactly how your customer will act and react.
Digital never sleeps, so your digital marketing shouldn’t either. Progressive brands are realizing this and integrating “real-time” into their communications strategy. This is a form of “News-jacking” in which brands try to JOIN conversations rather than change them. A great example is what Oreo did during last year’s infamous Superbowl blackout:
If you’re real-time, you’re real, and followers love that. More importantly though, it’ll prevent you from chaotic backlashes like this:
Why are people responding so harshly? Well, it’s because the show had already been cancelled due to the stage collapsing – an accident which killed one person and injured three others.
A brand must be present, or at least feel like it’s present. Marketing is now real-time and continuous, and that doesn’t necessarily fit neatly into a 9 to 5 schedule.
Technology is moving so quickly that the entire marketing industry is huffing and puffing just trying to keep up. There are new and effective ideas being created every day – and not always by the industry experts. So, if you’re planning on breaking boundaries, break them now – they’re as fragile as they’ve ever been.