The following is an overview of the current perceived trends for 2024 and things you really should consider when trying to promote your offers online:
- AI and machine learning are transforming marketing:
- Traffic to AI-related domains increased over 1,000% in 2023.
- AI tools help marketers save time and resources by automating routine tasks.
- Most marketers (48%, 45%, and 38%) use AI for content creation, data analysis, and SEO automation, respectively.
- AI technology’s integration into the data stack will lead to more dynamic, data-driven marketing strategies.
- Merging of digital and physical realities:
- IoT-connected devices have grown by 16% and are expected to hit 29 billion by 2027.
- AR and VR technologies are increasing in quality and accessibility, enabling innovative marketing experiences.
- AR and VR have been shown to boost ecommerce conversion rates by 40%.
- Consumers focus on authenticity, social good, and ongoing relationships:
- Brands that align with consumer values are becoming increasingly important.
- Direct-to-consumer (DTC) business models and subscription services enable authentic, ongoing engagement.
- The subscription-based economy is expected to reach a market value of $1.5 trillion by 2025.
- The evolving digital content landscape:
- Audiences are shifting from traditional media to streaming, podcasts, and short-form video.
- Social media is becoming increasingly vital for product discovery and purchasing.
- Social commerce is projected to reach $110 million in US sales in 2024, representing 42% of all US internet users and nearly half of all users on social media.
- Lifestyle-related technologies driving industry change:
- Digital banking, crypto, and decentralized finance (DeFi) create new markets and marketing opportunities.
- Online education presents new marketing opportunities for businesses.
- The gaming industry is experiencing significant growth, offering intriguing opportunities for marketers to engage with a diverse audience.
Marketers must adapt to these trends in order to connect with consumers more effectively and stay ahead of the competition by mastering AI technologies, creating immersive experiences, catering to consumer preferences, and exploring the opportunities presented by technology in lifestyle sectors.
At Trafficgigs, we keep ourselves informed on all of the latest impactful changes in marketing digitally but also interact with many brick-and-mortar businesses. Our inclusive ethic allows us to see a global shift whether it be in the way people search for information, consume information or search engines harvest data.
Digital marketing, social media marketing, website design and SEO are our “thing” and if you want to run alongside or ask us to help:
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