It’s hard to believe that 2017 has come and gone, but if I’m being honest with myself I tend to have that same thought every year. As business owners, our time and attention are focused on year-end financial statements this time of year, analyzing what went right and wrong for our businesses.
You may find that certain things worked well when it came to marketing your business, and others, not so much. Don’t fret! As in year’s past, this is an exciting time for marketing, and with the right strategic approach, you’re bound to find something that works for you.
If you’re looking to change things up in 2018, you’ll definitely want to consider some of these trends as part of your marketing mix:
Live Video and Augmented Reality
The past couple of years have seen the explosion and experimentation of live video on social platforms, and Augmented Reality on mobile apps, with wild success. In the next few years, expect to see even more of it, and in different applications, so users can really become a part of the brand experience. When consumers are engulfed in these experiences, not only do they enjoy them and come to associate positive emotions with your brand, but they also come to trust it more – which in turn could lead to more sales.
Content Marketing Content marketing is becoming an increasingly powerful way of connecting with your audience. Not only does the content provide relevant information for your customers, but it can also position you as thought leaders in your industry and excite the Google gods by improving your online presence. What are you waiting for? Start up a blog and tell your clients what you’re up to! Your blog is both a creative and inspiring way of reminding your clients as to why they are working with you.
Video Marketing Voice recognition software and chatbots are becoming all the rage with many companies. While this is certainly a good goal to have, start off with creating some quality videos that will let your clients know everything about your unique business. The benefits of video are simply undeniable.
BONUS: AI Technology
The day has finally arrived, and robots are now fully integrating into all aspects of our lives; marketing included. This innovative technology can streamline marketing processes by way of extreme personalization; according to VRTY CEO Kingston Lee-Young, “Marketers will be better able to understand the likes and dislikes of a customer and determine what specific branded content should be served to them. Because customers are more loyal when they see marketing specifically targeting them based on their behaviors, these advances will allow marketers to more effectively engage with their prospects and customers”. The technology of course isn’t cheap, but it’s proven to be very effective in its early applications.
As a marketing leader and business owner with nearly 20 years of experience, I’ve seen several trends come and go, but one thing is for sure: Having a strategic approach to all that you do, especially with marketing, will result in a better ROI for your business. Are you as excited for these trends as I am? Contact CreativeWorks Marketing today for help putting together a marketing mix that’ll make sense for your business in 2018!
In my 20 years as a marketing leader and expert, I’ve helped craft brand identities from tried and true methods but have also bared witness to countless brands that have failed to resonate with consumers due to various reasons.
So, what can a brand misalignment mean for your business?
Upset Customers, Bitter Employees In today’s digital age, there’s no hiding from a disgruntled customer. Social media and review sites have paved the way for upset customers to air their bad experiences with the click of a button. According to AdWeek, 81% of customers conduct online research before making a purchase. A good brand will ensure that the sales experience is a pleasant one and is based on the entirety of a customer’s experience with your company; not just your logo.
Additionally, employees have influence over your brand’s perception as well. With websites such as Glassdoor and Indeed, future hires and even customers can get an inside glimpse on what it’s like to work for a company – the good, the bad, and the ugly.
Bad PR There’s the old saying that there’s no such thing as bad publicity. I would humbly disagree. Remember when the documentary Blackfish was released and SeaWorld’s stock dropped by half since 2013, even though they “protect animals and the wild wonders of our world”? Or how about when Target failed to secure their customers’ data from a breach resulting in a loss of at least $148 million and leading their customers to “expect more” from the company? For a small business, a drastic hit in revenue caused by bad PR would likely mean closing shop.
Luckily, even the most established of brands can revitalize themselves. Here’s how you can ensure you walk the walk when it comes to your brand:
Be True to Who You Are A brand can make any claim they want, but they need to be able to back up their claims if and/or when they are questioned on them. If your company is known for its excellent customer service or award-winning products, use it to your advantage! Basing your brand on real, positive experiences of customers will give you an edge over the competition’s brand ambiguity.
Brand Values Start From Within Your employees are an extension of your brand. Much like how you would turn to customer perception for assistance in developing your brand, your internal staff should also play a role. Ask them what they think the company stands for, and find a common theme that you can pull from to establish a relatable brand for all stakeholders. The more your employees feel included, the better they will represent the brand in their roles!
No matter the size of your company, a successful brand will ensure that its values are felt throughout the company. In the end, baseless or contradictory claims will only cause more harm than good. If you need help creating a cohesive brand identity, contact CreativeWorks Marketing today!