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Marketing and sales have come a long way from how they used to work in earlier days. The buyers have changed and their behaviour has seen drastic changes. Following the traditional marketing methods do not work anymore. As such, many businesses are failing these days. There was a time when a little amount of advertising and cold calling was able to get you a whole lot of appointments. But, this is not the case anymore.
A major change is that the buyers have control over the sales process these days. Every piece of information is available on the internet. If you need it, you get it! Earlier, sellers were able to control the sales process. The buyers had to interact with the sales people for all requirements. But now, they have every bit of information readily available. All you need is your phone or laptop. In such a situation, the buyers engage with the salespeople only when they are ready.
Adapt to the Changes
Every company now needs the help of a digital marketing agency to take up the job of marketing and promotions. With drastic changes in the buying process, businesses have been forced to change and adapt to these changes. You need to make strategic buying decisions and use marketing to match the all new buying techniques. The changes in marketing have also brought some new opportunities.
Buyers have now started to become more knowledgeable. As such, marketing has turned out to be lesser of a single sided endeavour. The customers now place a whole lot of emphasis on building good relations with companies. This has led to the two most important concepts in marketing – Responsiveness and Personalization. Marketing now has to be become more of a dynamic creature that could incorporate all kinds of technologies to help efficient communication between the business and the buyer.
It has been found that about 25% of all the marketing dollars in the US are now spent on custom and branded content. This is a great step with the fact that content marketing had just started baby steps one decade ago. With the advancements in this field, the demand for a good and efficient digital marketing agency has increased considerably.
These days, organizations are investing heavily on digital content and marketing. From white papers to custom videos, there are numerous options in front of you. This is a field that is changing rapidly. Every company is now used to send visually stimulating emails about the various deals and offer, and also has its own blog. If you do not put in much effort into your organization’s online content management, you are sure to be in for a loss.
Expectations for 2016
Based on the latest trends and changes in the market, here are a few ways in which the market could be expected to change in the year 2016. A look at these points would help your organization go a long way ahead:
It is not always possible to find everything you search for on the usual search engines like Google, Yahoo, or Bing. There are over 30 trillion pages on the web, and no matter how much the algorithms improve, accommodating all of them to show you the best results is not always accurately possible. You do not always get what you want.
The consumers these days have become more social as far as purchases are concerned. It is seen that about 88% of the consumers decide on a purchase based on comments and reviews. They rely on others’ experiences before buying. As such, you can see an increased search for products on YouTube and Pinterest.
The brands that are sharp and smart enough will start the move from pure search engine based efforts to social media networks. They will invest both time and money into making their mark in social media. Building strategies for more social and interactive ways to get your customers is advised.
At the current stage, content marketing is the second largest component of digital marketing budgets. It falls just behind mobile marketing, which includes optimizing websites for the mobile version. The amount spent on content creation and management is tremendous for SMBs and enterprises. For extremely talented content makers who have a good track record, the competition is really high.
This is some unfortunate news for beginners and amateurs. For individuals who have niche specialities and can drive really good results, things will get worse. In the coming year, the following competencies could turn out to be the most sought after by the content departments in organizations:
The shortage of entry-level creators would never turn out to be a problem now. Individuals who have high creativity and knowledge of technology would be in greater demand.
Mobile optimization is of utmost importance in this era of smartphones and other gadgets. Every digital marketer could understand how important it is to keep up with the rising demand for mobile optimization of all websites and content. Using the tablet or smartphone to perform the various actions online will only increase your prospects for the better. Here are a few actions that you need to focus on:
Making your website mobile responsive is very important. It must be designed such that it appears well on any kind of screen size. Creating content that is optimized specifically for touch screens is the main aim of the sharpest digital marketers.
Most people are likely to prefer to shop on a mobile app rather than taking pains to surf on the mobile website in the Smartphone. In every aspect, the mobile app is well optimised and comfortable. Creating mobile apps is now much easier for organizations, even if they have on-staff mobile developers for the different smartphone platforms.
In case you need time to optimise your concept of a branded app and create the related content, you could delay the release of your app. As such, you could think of the following ideas for creating mobile-only content:
Till now, budgetary control has always rested in the hands of CFOs and sometimes the CIOs. As per predictions, this practice will slightly change and the control of budget will shift to the CMOs.
Extreme flexibility is required for good and proper content. “Agile SEO” and “Agile Inbound Marketing” have started to become buzzwords. The brands that are able to pivot, respond, and also create proper and relevant work in real time will turn out to the best content brands in the world.
For content marketing teams, the traditional budgetary approval processes could never work out. Navigating through the usual processes like filling out forms and waiting for signatures from the management are difficult and time consuming, especially in an agile environment. As such, the average CMO will need to have much more control over the budget and monetary autonomy than before. Companies that have a strong leadership and strategic marketers will surely get benefits by following this step.
Recently, the CMO Council’s Annual Survey has revealed that digital marketing will soon overtake television ads. Though expected by the year 2018, the world has slowly started to move in that direction. This is exciting news for all digital marketing companies given the fact that creating television ads is actually so expensive and time consuming. You need to have a good budget set up if you want a great commercial.
Enterprise organizations would soon shift from expensive TV commercials to strategies involving web marketing. The quality of the content created exclusively for mobile devices, tablets, and computers will increase considerably. This will offer high-quality games and apps, amazing web interfaces, and an exciting experience online. With fewer television commercials and better content for the web, the consumers are sure to be happy.
Recommended Read: What Is Content Curation? How Is It Relevant To Digital Marketing
A number of virtual reality devices are set to release in the coming years. This will increase the emphasis on virtual reality especially for applications like video games and others used on a general basis. The Oculus Rift is the most hyped device based on Virtual Reality which is slated for release by the first quarter of 2016. An entirely new medium of online advertising will open up with these devices storming the market. Integration to the popular social media platforms, the video channels, and even messaging services will be an additional feature.
Wearable Smart Devices will start getting more focus by the year 2016. The Apple Watch was unveiled in 2015 as the first generation smart watch. Come next year, we could expect a lot more smart watches and other wearable technology in the market to change the face of marketing completely. This will immensely blur the line between online marketing and real marketing.
The above trends are the most significant ones among the many that would make an impact in the year 2016. The way these trends will manifest and how they will impact the customer-client relation is something that you will have to wait and watch. Since most of them are driven by customer adoption, you could place a safe bet on trying them out to see positive results.