October 02, 2024
With each passing year, the digital marketing landscape keeps changing and evolving. One of the prominent examples of this is the rise of artificial intelligence (AI) which made significant strides in 2023 and is expected to have a phenomenal impact on all areas of marketing in 2024. While AI is just one of the many trends that will rock this year, let’s talk about other top marketing trends that will help win over the audiences:
AI is everywhere, from generating images and content to video and other such things. AI is here to rule as it has become the main driving force behind attracting customers. Moreover, but the recent data analysis suggests that while 64% of marketers are already using it, 38% of others may start using it in 2024.
Such is the craze of AI that Sean Downey, Google's President of the Americas and Global Partners, says AI will be the biggest trend in 2024.
81% of marketers using generative AI find it helpful in their work. It improves content quality, speeds up content creation, boosts content output, and enhances personalization. Additionally, 56% say AI-generated content outperforms traditional content. This is why we say that AI is here to stay!
There’s no denying that social media has been the #1 marketing channel for a very long time now. In fact, people have been finding a great deal of products through social media channels and have been using them as a medium to shop.
The power of social media marketing with platforms like Instagram, TikTok, and Facebook spans generations—from Gen Z and Millennials to Gen X. Sellers are using these platforms to set-up virtual stores where users can discover, purchase, and receive support without ever leaving the app. They provide a complete shopping solution, covering everything from purchase to customer service.
In the last point, we have talked about how social media is the place to be for marketers. And, while people may think that Facebook is no longer a preferred platform, it is still the most popular platform used by marketers, followed by Instagram, YouTube, TikTok, X and LinkedIn.
Talking about the future, marketers who had earlier not paid attention to YouTube are set to incorporate it into their 2024 strategies. While TikTok, Facebook and Instagram will remain popular choices, the biggest social media battle is heating up between X (formerly Twitter) and Threads.
Nothing holds your attention like a short-form video. Its quick, engaging format is designed to hook viewers within seconds, making it perfect for today’s fast-paced digital world; because of this, video-centric platforms like YouTube and Instagram are likely to see more investments in 2024. Marketers around the world have realised the importance of short-form video in attracting the eye-balls of the masses and plan to continue using it as a key marketing tool in 2024 and beyond. Talking in terms of Return on Investment (ROI), marketers believe that these platforms are likely to give more ROI as compared to other means.
Marketers who experimented with influencer marketing in 2023 saw positive results, as consumers increasingly trust recommendations from their favorite influencers. This trend is expected to grow in 2024, with 50% of current users planning to significantly increase their investment, and 20% of those who haven’t yet tried it planning to start this year.
In fact, last year many marketers collaborated with influencers and creators, including some who focused on micro-influencers, each type of influencer contributing to the brand’s success.
So, these are just a few of the marketing strategies set to shape 2024 and beyond. By following these trends, you can stay ahead of the competition. The marketing landscape is constantly evolving, and staying updated is important for success. While the insights shared here offer a glimpse into upcoming strategies, they only scratch the surface. To truly make the most of these trends, you should explore further how to engage your audience and discover new revenue opportunities. We hope this information has been valuable and that these approaches will effectively support the growth of your brand across all sectors.