Yum Brands Removes Onions from Taco Bell, KFC, Pizza Hut After E. Coli Scare
Yum Brands, the parent company of popular fast-food chains Taco Bell, KFC, and Pizza Hut, has taken precautionary measures to suspend …
Marketing continues to evolve, with new and unexpected digital trends emerging every year. Because of this, digital marketers need to continually invest time and energy in upskilling themselves and learning new methods. Having a solid understanding of how algorithms work, upcoming changes and features gives you the edge in creating the most effective marketing campaigns. Below is a list of the top four digital marketing trends to give you a heads up.
Personalization:
The goal of personalization is to know the needs, preferences, and interests of your current and prospective customers, so you can provide them with precisely what they want and when they want it. Personalization is a powerful tool for engaging customers through relevant communications, boosting loyalty and retention, and increasing sales. It is predicted that by 2022, $800 billion in revenue will shift to the 15% of companies that get it right when it comes to personalization.
Cryptocurrency:
Advertising campaigns will be more efficient with cryptocurrency. The three main parties involved in digital advertising today are the consumer, the advertiser, as well as the platform hosting the advertisement. Advertisers can eliminate the platform that hosts advertisements by using blockchain advertising. In lieu of paying them, advertisers would upload their ads to a blockchain, and the blockchain would share them with its users. In summary, the future of digital marketing consists of three groups of interacting parties: consumers, advertisers, and the blockchain supporting the transactions between consumers and advertisers.
Artificial Intelligence:
AI is already reshaping the face of marketing as we know it. Many marketing tasks can be optimized and sped up using AI technology, improving customer experiences and boosting conversions. It is intimidating to invest in new technology, especially when it is founded on concepts such as machine learning algorithms, but it is also necessary. Using AI, businesses can glean more information about their prospects and customers, then use that information to predict future behavior and tailor messages (chatbots). In addition, AI can also predict when customers are disengaging from a brand, which can be used to provide personalized content that is most likely to re-engage them.
Augmented Reality:
Marketers can use AR to convert a static object into an immersive 3D experience, such as a printed advertisement or magazine cover. AR enhances the world the user would normally see with digital overlays. By integrating AR into your marketing campaigns, you can increase brand awareness by cultivating a “wow” factor, which will get your customers and the media talking about your brand. You can also enhance your customers’ experience by giving them more information at their fingertips and can make choices and complete transactions at a faster pace.
Digital marketing has great potential and offers many opportunities in the future. With the constant advancements in technology, digital marketing is advancing at an ever-increasing rate. Digital marketing will be a necessity in the future for everyone, including business owners who are just beginning to embrace it. The right time to begin is now.
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