The one constant that we can rely on is change. The marketing world is not an exception – each year, month and day, there is a new marketing trend that is on the horizon. We as marketers should never stop learning (even though some of us said farewell to school many moons ago), because our industry is constantly changing. The material that was learned in textbooks back at school no longer apply, so it is time to re-dedicate ourselves to the world of innovation that brings disruption to entire industries.
Unfortunately, if you do not embrace these trends and learn how to leverage them, your business will get left behind with those yellow taxis. The following are the top 5 marketing and technology trends that we at Xcelacore believe you should embrace and put into your arsenal of business tools for the new year:
1. Marketing Automation: These technology platforms have become a must-have for large enterprises and increasingly important for small and medium enterprises as well. There are plenty of tools available to match the size of company, level of sophistication, and budget. Marketing automation tools will help you manage your marketing across multiple channels (email, social, web). Automation is essential to improving your conversions from leads to sales; automation speeds up the sales cycle and assists in engaging with your prospects in a personal way that matches their buying stage.
2. Analytics: Analytics provides the ability to find out which of your marketing activities are working and which are not. Without analytics, there is no way to understand your targeted reach, website engagement or how many users are converting into customers. Once you have the available data, you can then optimize your customer experience and begin gaining that much needed insight. There are several tools out there that can match your business needs from Google Analytics to Adobe Analytics.
3. Return on Investment (ROI): The ROI is paramount. In the early days of digital, it was all about experimenting with different channels (mobile, social, web) and advertisements to test about how your customers behave and engage. Now it’s time to tie the dollars you are spending on advertisements, and other marketing efforts, to real revenues. The way to do that is to have the right tools in place (such as marketing automation and analytics) to give you a view on your marketing campaigns. For example, if your spending $100/week on Google AdWords, do you know which convert and how much revenue they add? Or, if you are running an email campaign, do you know how many people followed up with a visit to your website, made a purchase or downloaded that Whitepaper?
4. Content is Key: While this was also true in 2015, we think content is important enough that it deserves to be in the top 5. Without quality content, inbound and thought leadership activities won’t get off the ground. You need informative, thought provoking, and educational content that is delivered to the right audience at the right time to be successful!
5. Focus on Mobile: The rise of mobile is increasing. With so many people checking emails, shopping, reading e-books, playing games, etc., it is important to heavily incorporate this new trend into your marketing strategy for 2016. According to mobileSQUARED, 90% of texts are read within 3 minutes of being delivered. An important insight to remember is that we multi-task with mobiles while watching TV, eating and doing other things that shall remain unmentioned – mobiles are always within reach and we feel naked without them.
Keep in mind that the 5 trends mentioned are only a few of the trends that will be seen in the upcoming year. Stay tuned to the Xcelacore blog and we will bring you more of the latest throughout next year. Happy New Year!