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Tag: marketing trends

  • Has COVID-19 Pandemic Given a New Direction to Digital Marketing?

    Has COVID-19 Pandemic Given a New Direction to Digital Marketing?

    With COVID-19 aftereffects disrupting the way we live our lives and run our businesses, it is no wonder that the space of digital marketing has gone through its own disruptions in the past couple of months.

    Businesses across the globe are trying to find new and innovative ways to bring their brands back on track while remaining connected to their consumers.

    This sudden need has forced businesses to adapt to the rapidly growing digital world. While the marketing budgets have dwindled drastically, consumer engagement has shifted too, and dare we say, gotten better?

    Let’s look at some of the post-pandemic disruptions that marketing geeks all over the world are leveraging.

    Organic SEO is Winning Over PPC, Once Again

    Pay Per Click or PPC had become a favorite among brands. So much so that brands had started weighing it more than the good old organic Search Engine Optimization or SEO. However, with brands willing to spend lesser on ad campaigns due to poor ROIs, organic SEO is back in the game for many brands as they focus on establishing a long-term relationship with their audience.

    Content Marketing Is the “In” Thing

    Content marketing has been an integral part of SEO for most brands. However, some have ignored it due to its long-term effect on the bottom line. With consumer behavior changing post-COVID, marketers are increasing their content marketing budgets. Marketers realize the importance of establishing effective connections with their audience by providing them value through their content.

    Social Media: The Hot Cake

    With lockdowns and work from home options for people all over the world, screen time has increased drastically. People are spending more time than ever on popular social media platforms such as Facebook, Twitter, and Instagram. Not just this, it has also given rise to a number of new social media platforms, although some of them have run into troubles in the recent past leading to their bans in a few countries. Moreover, due to the low marketing budgets of most companies, the ad rates have also decreased for many industries. This has made it possible for marketers to run paid and organic social media campaigns to drive attention to their brands. Not just that, customer engagement has gone up.

    The Rise of OTT Platforms

    While OTT platforms have seen a consistent rise since a few years now, the COVID-19 and the lockdown has certainly given it a big boost. With screen time increasing and theatres and cinema halls shut down, marketers are taking OTT advertising rather seriously. All the major OTT platforms such as Netflix, Amazon, Roku have seen a surge in their subscriptions, providing a great opportunity for marketers to tap into the segment.

    E-commerce Marketing: A Must Now

    With e-commerce sales increasing as people shop online from the safe confines of their homes, e-commerce marketing has become an important wheel of the digital marketing strategy. While consumers are ready to pay more for convenience, brands are also faced by fierce competition owing to new entrants and old biggies revamping their strategy. This calls for a well-rounded e-commerce marketing strategy that focuses not just on conversions but also on increasing engagement from its consumers.

    Technology Driven Digital Marketing Strategy

    Although technology has spearheaded the digital marketing campaigns for big brands, smaller ones have often ignored it owing to its R&D and set-up costs. However, with technology such as Artificial Intelligence (AI) and Machine Learning (ML) gaining more ground amidst the pandemic, marketers from brands, big and small, are finally taking notice. With the rise in popularity of Alexa and Google and voice searches going up, AI and ML have taken precedence over the traditional approach.

    An Integrated Digital Marketing Strategy – The Future

    While the COVID-19 can be blamed for these disruptions, many experts would call this as a much-needed correction that prompts marketers to focus on building a value-driven long-term relationship with their consumers. Brands would need to use an integrated approach to come out winners in the challenge – an approach driven by results that are measurable and key to growth of consumers and marketers.

  • Digital Marketing Strategy during COVID19: What Should Brands Do?

    Digital Marketing Strategy during COVID19: What Should Brands Do?

    COVID-19 has completely redefined crisis with unprecedented effects on almost every industry. Businesses are no exceptions. As corporations have started facing the fact that the effects may be long-term, marketers are gearing up to invent new strategies to keep up with the sudden influx of new platforms and competition or lack of it in some cases.

    From erratic changes in buying behaviour to decrease in consumer spending in most industries, marketers have to grapple with unique challenges.

    Thus, marketers need to focus on building trust with their customers and rework their marketing strategy as per re-defined KPIs (Key Performance Indicators) based on new goals. Some strategies and ideas are listed below for marketers to strengthen their further approach.

    Change your Business Goals

    Brands, all over the globe, are having a hard time coping with the overnight shift in the market dynamics. Reviewing the basic and advanced goals of the company and adjusting them accordingly to make them more meaningful and valid might function as the company’s road to recovery. Keep in mind to reflect the changes in the KPIs (Key Performance Indicators) you use to measure the performance of your digital strategy effectively.

    Communicate Responsibly To Your Audience

    While the negative effects of the pandemic are far too many to count, it is also true that the online viewing time has increased dramatically. The increased screen time also opens up a lot of opportunities for marketers to communicate effectively during these times.

    Although it is important to communicate with your audience, being sensitive is the key. When many brands are chiming in seeking an opportunity, most of them are doing it wrong. For instance, outbound messages need to be segmented as per the buyer’s journey. Make sure the communication is relevant and valuable.

    Consider the Shift in Buying Needs and Behaviors

    Brands need to consider the shift that has impacted its target audience. The buyer personas have transformed due to the pandemic situation and its after-effects. Preferences, priorities, interests, budgets, and mental well-being have shifted. Social distancing, lack of social interaction, and remote working conditions have impacted consumer choices and drifted them towards essentials. Hence, investing time to study and analyze the buyer personas and their buying behaviour becomes an important aspect of the new pandemic-friendly marketing strategy.

    Focus on Creating E-commerce Strategy

    While e-commerce has been rising steadily since the last decade, the pandemic has surely given it an added boost. Thus, it is essential to create an effective e-commerce strategy that complements a good email marketing, content marketing and video marketing strategy to create a rich consumer experience. From photos, instructional videos, to case studies, and Google Ads, marketers will need to use both paid and organic media to attract the attention of consumers to its products and services.

    Creating a Long-term Strategy

    The pandemic will not last forever, but the effects may. However, brands need to create an effective long-term strategy rather than focusing on short-term effects. Keeping the brand identity intact while adjusting it to meet the renewed KPIs is going to be a key challenge for all the marketers.

    While there are a lot of data and insights that show how the dynamics are changing, no one knows for sure what would be the post-pandemic scenario. Thus, brands need to redefine their digital marketing strategy while keeping their end goals and brand ethos in mind.