Digital Marketing is one of the most famous marketing strategies. Everyone talks about digital marketing services. Professionals see it as a way to grow an online business. Universities promote their new digital marketing courses as the next big thing. Even the demand for digital marketing certifications is increasing in the job market.
Digital marketing has become more complicated with each passing year. Along with SEO, PPC, branding, and UX, companies must now balance rising social platforms. In addition, they have to focus on evolving regulations, content, automation, and personalization, to name a few.
Digital marketing has been around for more than a decade. In this introductory guide, you'll learn what it is and what are the digital marketing trends for 2024.
What is Digital Marketing?
Digital marketing is the promotion of brands through the internet and other forms of digital communication. It helps to link with potential clients. Digital marketing includes text, multimedia messages, email, social media, and web-based advertising. In short, it is any marketing campaign that involves digital communication.
Why are Digital Marketing Services Important?
Any advertisement can help your business thrive. However, digital marketing has grown in importance because of the ease of access to digital channels. There were 5 billion internet users worldwide in April 2024.
There are numerous ways to use digital marketing services to interact with your target audience. These services range from social media platforms to text messages. Furthermore, it has low upfront costs, which makes it a cost-effective branding strategy for small businesses.
Digital Marketing Trends for 2024
Below are some of the rising digital marketing trends of 2024.
The Metaverse
The first on the list is the use of the metaverse. It is a persistent environment where people interact with each other. They work, play, and socialize in the virtual worlds of augmented reality, virtual reality, 3D holographic avatars, and video.
In this world, the metaverse is getting so much attention. So, brands should consider this virtual space part of their 2024 marketing strategies. It can provide an entirely new set of rules to measure performance. Due to this, Marketers would know how long virtual objects are held in a user's peripheral vision. How much space they take up in a user's peripheral vision, and even where users look when viewing an ad. These insights have the potential to completely re-map your understanding of your audience. It will provide invaluable guidance to move forward. Hence, brands will experiment with virtual worlds in 2024 due to digital marketing services.
Tiktok Will Experience Exponential Growth
The second on the list is the continuous growth of TikTok. It is a social media platform. If you are not into it, consider it. Its rapid rise has seen the app reach 1 billion users and counting. TikTok has massive engagement. U.S. users spend up to 850 hours per month on this social platform. It allows individuals and brands to have their videos go viral.
According to a Social Media Consultant, it is a platform that marketers should take seriously in 2024. Since it experienced phenomenal growth last year, it was the top-earning non-game app in 2021 in terms of platform revenue, with over $110 million spent by users. This demonstrates the app's earning potential for marketers who want to drive sales among young consumers. Therefore, brands must realize it the worth it. It will allow them to reach far more people than Instagram or Facebook.
E-Commerce Will Become Seamless
Social media has made everything easy and accessible. Before this, it was not easy to find products and services immediately. During the Covid-19 pandemic, many brands gathered on Instagram, YouTube, and TikTok to sell their products. They replace brick-and-mortar stores with online shops.
According to a study, social shopping will reach $1.2 trillion globally by 2025. It has been growing three times faster than traditional e-commerce.
E-commerce experiences evolution in 2024. Many platforms work behind the scenes to enable customer payments without leaving social media apps, resulting in a seamless customer experience. Millennials and Generation Z is expected to be the biggest spenders. They would account for around 62 percent of global social e-commerce revenue by 2025.
Brands must invest time to present their shop windows on Instagram to drive engagement. Companies must now have multiple images per product and include keyword-rich descriptions instead of a single great image. Video is also important because the format's popularity is exploding across all audiences.
AI in Marketing
Last but not least, the world is witnessing the rise of Artificial Intelligence. It has taken over every aspect of life. Little do we realize that the transformation has already begun. 60% of internet users have already used an AI chatbot to answer questions across multiple apps and websites.
Most of the content we consume on social media platforms has been fine-tuned by AIs. It keeps the user engaged for longer! This technology is so great that it will cross the $190 billion industry by 2025. So, digital marketers have an incredible opportunity to capitalize on this digital marketing service. It can perform a variety of tasks. Also, it acts as an extension to any digital marketer who understands how to use it. Furthermore, it is inexpensive, precise, and highly efficient. Therefore, many large corporations have included this technology in their marketing strategy.