The digital marketing landscape is changing fast and will continue to do so in 2023 as well. What’s popular one minute might be irrelevant the next. If you’re a small business owner, you’re probably curious about future changes within the field of digital marketing.
Here are some popular digital marketing trends for 2023 and how your business can capitalise on them.
1. More and more brands are prioritising sustainability as consumers want to make sustainable choices. Brands that clearly convey their purpose will continue to win over consumers' hearts. Avoid "purpose-washing" when aligning advertising with a purpose. A commitment to causes must be authentic, long-term and supported by actions beyond words.
2. Customer Retention will become more important than Acquisition: It has been said that keeping customers is easier and less expensive than attracting or converting new ones. Retaining customers will become a critical focus for brands in 2023 as they continue to navigate inflation and fluctuating spending. Loyalty programs will no longer be the only medium to entice consumers and drive customer loyalty. Marketers are shifting their focus to existing customers and investing in technology that allows them to create personalised, engaging experiences that drive adoption and renewals.
3. User-Generated Content: social media, influencers and content creators will continue to play a large role in how consumers to shop and what they buy. Social media posts featuring images or videos of real people enjoying a product, video testimonials of customers talking about their recent experience with a company and reviews of a website or any other platform will become even more important.
4. AI technologies that are just starting to come out will help marketers more and more. Even though it may seem counterintuitive, brands will invest more in marketing, with a focus on measurable results and return on investment (ROI).
5. Personalisation: Consumers value a close, immediate connection with the companies they purchase from. Therefore, conversational marketing will be crucial in 2023. Many businesses have already started doing this by adding chatbots to their websites. These features allow visitors to send messages to the business and get help immediately.
6. Email marketing has continued to grow in popularity over the last few years, and it's expected to continue its rise in popularity in 2023. Email marketing allows businesses to reach customers when they're most likely to respond. The ability to target specific groups and segments means that businesses can improve their response rates by focusing on certain types of customers who are most likely to interact with them through email campaigns.
7. B2B marketing on LinkedIn: LinkedIn is predicted to account for 25 per cent of B2B marketing by 2024, making this platform a golden opportunity for businesses to take advantage of.
8. Consumers demand everything, and they want it all right away. Real-time messaging services have become a wonderful chance for many marketing teams to engage customers fast, directly and for data collecting.
9. Influencer marketing is also on the rise, especially since it caused quite a buzz in 2022; even in 2023, we should expect more influencer content because it is much more reliable.
10. Chatbots are becoming more beneficial for marketers and, as a result, have become a new source of investment. They support small businesses and those that are not open all day to answer questions and communicate with clients who may require assistance after hours.
Think about which trends matter to you and which will give your business an edge over others in 2023. Happy planning!