All Items Tagged as at SEMpdx Tue, 16 Nov 2021 04:04:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.sempdx.org/wp-content/uploads/2019/11/sempdx-favicon-150x150.png All Items Tagged as at SEMpdx 32 32 2022 Digital Marketing Predictions: The Multicultural Web 3.0 OTT DTC sCommerce First-Party Data Metaverse is MUM https://www.sempdx.org/blog/2022-digital-marketing-predictions/ https://www.sempdx.org/blog/2022-digital-marketing-predictions/#respond Tue, 16 Nov 2021 04:04:44 +0000 https://www.sempdx.org/?p=550086 What a year 2021 has been. As humans and marketers, we navigated challenges created by COVID, privacy issues and political polarization fueled by social media. As we look towards 2022, new opportunities (like NFTs and hybrid events) and challenges (like inflation) present themselves. Building on a tradition started in 2004, the Anvil team is proud

Read More

The post 2022 Digital Marketing Predictions: The Multicultural Web 3.0 OTT DTC sCommerce First-Party Data Metaverse is MUM appeared first on SEMpdx.

]]>
MetaVerse
What a year 2021 has been. As humans and marketers, we navigated challenges created by COVID, privacy issues and political polarization fueled by social media. As we look towards 2022, new opportunities (like NFTs and hybrid events) and challenges (like inflation) present themselves. Building on a tradition started in 2004, the Anvil team is proud to present its 2022 digital marketing predictions and trends. For context, feel free to check out our 2021 Predictions and add your digital marketing predictions for 2022 in the comments section below.

The Metaverse will evolve from distraction to (virtual) reality for brands
While many believe Facebook’s rebrand as Meta and focus on the metaverse is a strategic distraction from bad press fueled by the Facebook Papers, we believe at Anvil that its horsepower, deep investment in the metaverse, along with additional investment by other major players like Microsoft, will inspire many brands to dabble in the virtual world in 2022. While consumers maybe a few years from caring about the metaverse, early adopters will embrace the novelty and utility. We’re hoping that the 2022 iteration of the metaverse is more than just a glorified Second Life.

Web 3.0 will become ubiquitous
Consumers’ concern over data security and creating a safer online environment to share personal data will be driving forces that fuel the growth of Web 3.0 technology in 2022. The evolution of blockchain technology in particular will provide a safer user experience (UX) for consumers, where they will feel safe sharing first-party data and know exactly how third-party platforms are using personal data. Combined with improved AI functionality, semantic metadata and 3D graphics – Web 3.0 will deliver an improved and better UX for all users. As full data transparency is on the horizon, this will accelerate the transition and put control of data back to where it belongs – the user.

Video marketing will become a vital part of any online marketing strategy
Consumers rely increasingly on the video to make decisions about the products they are buying. Video platforms like YouTube, Facebook, and TikTok feature live streams, unboxing, and testimonial product videos, which are going to gain popularity in 2022. As a result, video optimization and advertising on TikTok and YouTube will be increasingly necessary. Google has also rolled out structured markup features like clip markup which help users find important individual parts of videos, increasing the need and value of optimization for commerce. Using new and emerging markups on a brand’s most popular videos will help to improve user experience and Google’s ability to digest and index the video content.

MUM will strengthen Google’s ability to understand more complex searches
Google is always working to get users quicker, more seamless access to information. MUM, or Multitask Unified Model, uses AI to formulate an understanding of the context behind searches and will have a greater influence on search results in 2022 and beyond. Google recently demonstrated how MUM works, showing that search results would attempt to fully answer a search query with text, imagery, maps, and more. With MUM, content strategies will need to provide unprecedented depth, in order to provide searchers with all the information in a single result. The days of providing only topical information on a given webs page in order to gain organic visibility in target searches are numbered.

OTT will gain traction as ad targeting options decrease
Security and privacy demands are creating problematic limitations with third-party cookies and data tracking. Facebook, Apple, and Google Chrome are limiting data collection capabilities. Social media and search engine platforms will become much more generalized, with decreased targeting capabilities. Ad platforms will eliminate audience targeting, limiting advertisers to first-party data collection. These changes will encourage more brands to explore connected TV, podcasts, and platforms like Spotify that have their own internal marketing platform where the user controls what content they want to see. Products like Google’s smart TV and the new Roku TV are allowing viewers to stream content and enjoy gaming, utilizing click-to-buy on-screen ad placements. Smart TVs will be getting smarter with shopping from your own home with enhanced OTT streaming advertising options.

More businesses will move to DTC eCommerce
Due to the pandemic, businesses ranging from psychiatrists to car dealerships have begun marketing and selling products and services direct-to-consumers (DTC) on their websites. Companies are tired of losing profit by selling wholesale to distributors and evolving technologies have made eCommerce approachable to even the smallest business. Even larger retail chains are starting to focus more on DTC eCommerce, limiting physical store locations, retail footprints, and headcount. Brands like Nike are limiting distribution of its footwear and apparel so they can sell more direct and other brands will follow suit in 2022. The additional margins gained by DTC eCommerce sales can be reinvested in digital marketing to further increase profitable revenue. We predict brands will sell on select marketplaces (like Amazon, Walmart.com, and Target.com) to augment reach and revenues, but will still rely primarily on DTC.

More companies will offer retail media networks leveraging first-party data
With the impending loss of third-party tracking cookies in 2023, companies and marketers alike will be exploring new opportunities to reach prospective customers. Companies such as Target, Walmart. Recently, Lowe’s launched its own media network, allowing advertisers to utilize its company’s first-party data and reach customers as they shop online. As the pandemic accelerated the adoption of online shopping, we expect retailers will offer additional advertising opportunities on digital storefronts in the coming year.

Third-party cookie data will begin to sunset itself
With the anticipation of platforms eliminating third-party cookie data, marketers are forced to produce workarounds. Even though Google has pushed out its third-party data sunset date to the end of 2023, users and businesses have been preparing for the loss of critical targeting data with various workarounds, including the increasing use of first-party data. With Google failing to find a viable solution that meets everyone’s needs thus far, we predict there will be some sort of industry compromise by mid-2022, resulting in third-party data naturally sunsetting by year’s end on most popular platforms.

Influencer marketing will fuel sCommerce
Influencer marketing has gained notoriety within the digital marketing ecosystem as an essential strategy in the past few years. At Anvil, we believe the next evolution for influencers is to become the foundation for successful social media eCommerce (aka sCommerce) in 2022. In addition to important metrics such as engagement rates, influencers will be commonly compensated based on a commission structure related to conversion rates (leads or sales). With a greater focus on performance metrics, influencers will achieve a higher level of credibility with brands. Micro-influencers will rise significantly in popularity due to their accessibility to small businesses and the appeal of being able to target nuanced audiences. Retail eCommerce brands invest in direct shopping formats on popular social platforms, including TikTok.

Multicultural representation in marketing will continue to increase in importance
The digital age, accelerated by COVID-19, has created a world that is more interconnected than ever before. The term “global village” carries increased weight as even extremely remote areas see mobile device use continuing to reach saturation point. The success of international content breaking into the US mainstream has also led to an acceleration in engagement and demand for global representation. South Korea’s Squid Game on Netflix is the latest example, following the Spanish global hit Casa de Papel (Money Heist). With content publishers leading the way, brand advertisers will follow suit, developing new strategies to maximize the relevance of multicultural inclusion within marketing messaging, including messaging from the US’s own backyard.

The post 2022 Digital Marketing Predictions: The Multicultural Web 3.0 OTT DTC sCommerce First-Party Data Metaverse is MUM appeared first on SEMpdx.

]]>
https://www.sempdx.org/blog/2022-digital-marketing-predictions/feed/ 0
2020 Digital Marketing Predictions from Anvil Media https://www.sempdx.org/blog/google/2020-digital-marketing-predictions-anvil-sempdx/ https://www.sempdx.org/blog/google/2020-digital-marketing-predictions-anvil-sempdx/#comments Mon, 16 Dec 2019 21:27:19 +0000 https://www.sempdx.org/?p=29922 Where does the time go? It seems like just a year ago we were making predictions about 2019 digital marketing trends, yet here we are. For the past 15 years, the Anvil team has put on thinking caps, gazed into the crystal ball and read tea leaves to predict digital marketing trends that will alter

Read More

The post 2020 Digital Marketing Predictions from Anvil Media appeared first on SEMpdx.

]]>
Where does the time go? It seems like just a year ago we were making predictions about 2019 digital marketing trends, yet here we are. For the past 15 years, the Anvil team has put on thinking caps, gazed into the crystal ball and read tea leaves to predict digital marketing trends that will alter the landscape for marketers and brands alike in the coming year. Check out our self-assessment of our 2019 digital marketing predictions. This year, we maintained the tradition, sharing our 2020 digital marketing predictions.

2020 Digital marketing predictions

Advertising: Amazon Will Eat Google and Facebook’s Lunch
You may be aware that many product searches start on Amazon. Amazon, smart agencies and brands are already well-aware (that includes Anvil of course). What we see changing most in 2020 is Amazon’s ability to improve its advertising options for brands and sellers alike, especially in the voice search realm (we’ve been wrong about this in the past, but we really feel it this year!). Amazon Advertising is one of the few high growth areas of its business lines and will make greater strides in 2020, taking more market share from Google and even Facebook. Make sure you have an Amazon marketing strategy for your product business in 2020 or get left in the dust.

Display Ads: Animated GIFs, Video and Interactivity will Replace Image Ads
Static image ads on social platforms will start to fall away and videos, animated GIFs and interactive ads will supplant the 25-year-old ad format on popular platforms like Google and Facebook. This trend is already starting to occur, with video becoming increasingly prevalent. The reason is obvious: interactive and motion-oriented ad formats are more engaging, memorable and tend to convert better. While static imagery is still a majority of ad format inventory, that will change by the end of 2020. Brands and agencies designing ads in animated, interactive and video formats will take a leadership role and stand out in a crowded marketplace.

SEO: Structured Data Strategy will be More Important than Ever Before
In 2019, “0” or ‘no-click’ searches surpassed regular clicks on organic and paid links in search results. As a result, brands will need to become intimate with structured data, most commonly powered by schema markup. As more searches move to mobile devices, users are not scrolling down the page, as they expect the first result they see to answer their query. Similarly, with voice search, users expect the first search result to be the best answer to their query. Marking up content with multiple types of structured data to secure the featured snippet real estate will be more important than ever. Sites who do not take advantage of structured data will see their site slip down the results page and will ultimately lose traffic to competitors with strong structured markup strategies. Google wants to be able to provide an answer to a user query as fast as possible, and with structured data on a page Google can more easily understand and compartmentalize the information on you site. With that better understanding, Google will be able and more likely to serve your content as a result when it is applicable to a query. Routinely making sure the structured data implemented on your site is error-free and up-to-date should be a required part of every ongoing SEO strategy.

SEO: Google Will Mandate That All Websites Be Voice Search Compliant
Anticipating the continued proliferation of smart speakers and digital voice assistants through 2020, Google will proactively mandate that all websites be voice search compliant by the end of 2020. Currently, over 40 percent of searches are voice-activated and that will continue to increase, likely becoming most searches by 2021. Website copy and content will have to be voice search friendly to rank well in Google searches. Brands will need to utilize structured data (aka schema markup or rich snippets) to power the ‘best answer’ on smart speakers or position 0 on screens. Site structure and content will also need to be altered to better answer questions commonly asked via voice assistants and smart speakers. Websites that lack structured data will be penalized by Google. This prediction expands on the previous structured data trend.

SEO: Augmented Reality Will Play a Bigger Role
Imagine virtually trying out clothes from your favorite brands without leaving your home. Augmented Reality (AR) can make this a reality. AR provides brands an opportunity to overlay information in video, text, or image format onto everyday surroundings, objects and real-world locations. Nearly 80 percent of the information the brain takes in is visual. By providing information in a visual medium, that also has the spatial nature of augmented reality, brands are giving the brain a very intuitive way of accessing and understanding information. ECommerce will benefit the most from AR implementation, as will destinations, automotive and other complex sales. Brands like adidas and Converse have already implemented AR, earning higher conversion rates with fewer product returns.

Email Marketing: The Flywheel Will Displace the Traditional Sales Funnel
More companies will be moving away from the traditional sales/marketing ‘funnel’ to the Flywheel model in 2020 in order to focus on creating experiences that engage and empower customers. Originally created in 1898, the AIDA (Awareness/Interest/Desire/Action) funnel model is a linear approach that focuses on attracting new customers and engaging them in a business or service to turn them into a quantifiable lead. The flywheel approach takes an innovative view of the buyer journey and uses all client-facing roles such as customer service, marketing, and sales to interact with customers at every stage. Attracting, engaging, and delighting customers even past the point of purchase – so companies continue to interact with customers instead of treating them as one-time-only prospects. The customer is the lynchpin, with the flywheel itself divided into three equal segments, each representing stages along the customer journey: attract, engage, and delight. Each area creates energy and passes it along to the next, with the delight phase feeding back into attract. Note: Anvil was not paid by HubSpot to endorse its model, we just agree with the methodology and hope for greater awareness and adoption.

Email Marketing: Push Notifications Will Replace Email
Email is going the way of the dinosaur, maybe not next year, but in the coming years. Starting in 2020, however, there will be a notable shift to push notifications and chatbots as viable replacements, especially for brands targeting Gen Y/Z, consumers and retail environments. Push notifications are alert style messages that can be sent to a user via desktop or mobile web, depending on context. At least twice as many people today sign up for web push notifications, compared to newsletter registrations. Only the top 10 percent of the email marketers can achieve a newsletter sign-up rate that matches the performance of push notifications. The average time that passes before the recipient opens a newsletter is 6.4 hours. With push notifications, the recipient will see the message immediately. The updates to the GDPR (General Data Protection Regulations) and stricter filters have dented the potency of email marketing, which will be further compromised by the CCPA legislation. As alluded to earlier, younger, digital-native audiences favor fewer touchpoints and other methods of communication than email, when engaging brands.

Social Media: Performance Metrics Will Replace ‘Likes’
Those following social media closely are likely familiar with Instagram’s recent decision to hide “Likes” from followers. With the proposed change, only account owners and select third-party platforms will have access to that data. While influencers and marketers alike have voiced concerns about the change, it does provide an opportunity for everyone to be smarter about social media strategies, especially evaluating influencer marketing programs. For example, influencers will need to up their game to become more professional about how they represent their potential impact, focusing on reach and engagement rates over Likes. This trend will also push brands to adopt performance models based on transactional goals. The social platforms, especially Instagram and Pinterest, are making buying product easier than ever, so the timing is ripe for change.

Social Media: Consumers will Drive Alignment and Transparency in Influencer Marketing
Moving forward, look for brands and influencers to create better alignment and transparency. According to research, 84 percent of consumers believe authenticity is important when choosing influencers to follow. More compelling: only 11 percent of influencers are CMA and FTC-compliant when disclosing relationships with sponsoring brands. Millennials are increasingly skeptical of businesses’ motives and impact on society, according to Deloitte. As a result, brands looking to target Gens X, Y and Z will need to be more intentional about how they select and engage influencers based on core values and fit vs reach. Another trend that will go together with transparency and alignment is a shift to “always-on” instead of project-based influencer campaigns. The writing is on the wall for brands and agencies, especially for brands targeting younger consumers, to plan accordingly.

Social Media: TikTok Will Lose Momentum – Relegating It to a Snapchat Knockoff
While we’ve seen a good deal of hype and momentum built around TikTok this year, marketers are still trying to figure out how they can use it to their advantage. It is true that TikTok saw incredible growth this year (over 500 million active users in Fall 2019), which earned it the title “social platform of 2019.” But’s also true that signups are coming to a near grinding halt. As a result, parallels can be made with Snapchat’s adoption history – incredible growth, everyone joins, signups slow, users leave/become less engaged. We believe TikTok will figure out how to utilize ads more effectively in 2020, but we don’t think user engagement will sustain and the platform will end up in the same purgatory as Snapchat. It will become an afterthought as brands evaluate platforms on which to target and invest. The one exception to this prediction, is if you’re looking to reach a very, very broad audience within a certain *cough* young demographic (and China as a growth marketplace).

We hope to get good grades when we review our 2020 digital marketing predictions at the end of the year. Let us know what you think of our 2020 digital marketing trends in the comments section or add your own predictions. May your 2020 be full of fulfilled predictions!

The post 2020 Digital Marketing Predictions from Anvil Media appeared first on SEMpdx.

]]>
https://www.sempdx.org/blog/google/2020-digital-marketing-predictions-anvil-sempdx/feed/ 1