What’s Trending in Marketing of March 2024
Step right into our March 2024 of “What’s Trending,” your gateway to the latest in marketing trends and insights. Stay informed and ahead of the game with our collection of marketing trends and reports for the 2024 year.
Noteworthy Marketing Trends and News
Google’s Update and Latest Changes
In its ongoing quest to enhance user experience and maintain the integrity of its search platform, Google unveiled an important core update in March 2024. This update marks a significant shift in the way Google evaluates content quality and addresses spam across the vast expanse of the internet. In this update lies an effort to minimize the presence of “unhelpful” content in search results. By refining its criteria for assessing content relevance and usefulness, Google aims to ensure that users are presented with the most valuable information in responses. This not only enhances the overall quality of search results but also raises the bar for content creators, compelling them to produce more substantive and engaging material.
These changes mean marketers and SEO experts need to rethink how they do things online. As Google updates its algorithms, they have to update their methods to make sure their content gets seen. By keeping up with these changes and adjusting their strategies, marketers can stay successful in the fast-paced online world. Read more here.
AI in Online Shopping
To meet consumer expectations, AI has a huge impact in online shopping now. IBM’s research found that more shoppers want AI help when they’re shopping. They want it to help them find products, solve problems, and get deals. But, even though companies want to give them this kind of help, what they offer often isn’t good enough, which makes shoppers unhappy. Still, shoppers like the idea of using AI, especially things like virtual assistants and features that use augmented reality.
Making AI shopping help work well means using customer data responsibly to give people personalized help that matches what they like. Also, since shoppers want better online and in-store experiences, AI is becoming really important for stores. Brands need to focus on using AI to make shopping more fun for customers while also making sure their privacy is protected and that everything is easy to use, no matter where they’re shopping. Read more here.
Automated Pausing in Ad Groups
Google Ads has recently implemented a significant update that introduces automated pausing of ad groups exhibiting low activity. This move aims to streamline budget efficiency for advertisers by redirecting resources towards more productive campaigns and eliminating wasteful spending on underperforming ad groups. One of the key advantages of automated pausing is its ability to optimize budget allocation in real-time. By automatically identifying and pausing ad groups with minimal activity, advertisers can prevent unnecessary expenditure on campaigns that fail to yield desired results. This proactive approach to budget management enables advertisers to allocate resources more effectively, maximizing the return on investment (ROI) from their advertising efforts. Read more here.
Tailoring The B2B Sales Funnel To Meet Your Needs
The B2B sales funnel typically consists of three main stages: awareness, consideration, and decision. However, it’s not rigid and can be adjusted to fit specific business needs while still incorporating elements of these stages. By tailoring the sales funnel, businesses can more effectively identify where customers are in their journey and determine appropriate actions.
For instance, a modified B2B sales funnel may include five stages:
- Lead Generation: Introducing leads to the company and establishing authority through content and online presence.
- Lead Nurturing: Continuing to educate leads about the company and their pain points, while qualifying them based on their level of interest and need.
- Initial Meeting: Engaging directly with qualified prospects through various interactions like discovery calls or product demonstrations to build trust and establish a relationship.
- Closing: Finalizing the deal and securing commitment from the prospect to do business with the company.
- Retention: Nurturing the relationship with customers after the sale to ensure continued business and encourage referrals, thus enhancing customer retention and attracting new leads through referrals.
This modified funnel retains elements of the standard three stages while providing a more tailored approach to understanding customer needs and journey progression. Read more here.
Modern Logo Design Trends of 2024
In branding, a compelling logo is crucial for creating a lasting impression and distinguishing your brand. Modern logo designs are essential for crafting a memorable brand image in today’s digital age. Trends in logo design include minimalist designs, bold typography, handmade elements, and dynamic logos adaptable to different platforms. Handcrafted and calligraphic logos offer authenticity and uniqueness, standing out in a digital world. While AI-generated logos may lack originality and understanding of brand values, professional expertise ensures a logo reflects the brand’s ethos effectively. When designing a logo, prioritize simplicity, versatility, and alignment with brand values. Embracing modernity in branding with a well-designed logo enhances brand awareness and loyalty. Collaborating with a professional designer is a strategic investment in creating a logo that captures attention and resonates with your audience. Read more here.
Using Hashtags on LinkedIn
Using hashtags on social media platforms like Twitter, Instagram, and Facebook helps users expand their audience beyond their followers. Hashtags categorize content with relevant keywords, making it visible to users searching for those terms. While hashtags are often seen as casual, they hold value on professional platforms like LinkedIn. Here are ten tips for using hashtags effectively on LinkedIn:
- Follow LinkedIn’s hashtag rules and limit the number of hashtags used.
- Follow relevant hashtags to monitor conversations and discover content ideas.
- Research industry trends and competitor content for hashtag inspiration.
- Create a company hashtag to strengthen brand identity.
- Utilize LinkedIn’s suggested hashtags feature.
- Use hashtags in comments as well as in posts to increase visibility.
- Balance niche and popular hashtags for broad and targeted reach.
- Incorporate location-based hashtags to target specific audiences.
- Utilize event hashtags to highlight involvement in industry events.
- Reuse effective hashtags from successful posts to maintain engagement.
Using hashtags on LinkedIn can attract more leads and engage clients and prospects effectively. Incorporating hashtags into posts can enhance visibility and encourage interaction, potentially leading to successful marketing campaigns. Read more here.
Blog Content Ideas
In March 2024, content marketers have a range of creative options beyond the typical themes of St. Patrick’s Day and college basketball. Instead, they can explore topics such as National Puppy Day, alternative “March Madness” activities, the transition to daylight saving time, spring fitness, and National Craft Month. These ideas offer opportunities to engage audiences with fun, informative, and helpful content related to various products and industries. For instance, content around National Puppy Day can appeal to pet lovers, while articles on adjusting to daylight saving time can provide practical tips relevant to different lifestyles. Similarly, focusing on spring fitness or National Craft Month allows marketers to offer valuable assistance and insights to their audience while promoting their products in a more organic and engaging way. Read more here.
Profitable E-Commerce Ideas
Several e-commerce business ideas cater to various niches and interests, offering opportunities for entrepreneurs. These include selling homemade pet treats, starting an educational platform, crafting handmade toys, and offering eco-friendly baby toiletries. Additionally, flipping thrifted goods, selling specialty foods, dessert boxes, brand-name fashion reselling, and online plant sales are popular options. Collectibles and natural cosmetic products present profitable ventures as well, along with home decor items like candles, rugs, and bedding. Each idea requires thorough research, compliance with regulations, and strategic marketing to ensure success in the competitive e-commerce landscape. Read more here.
AI in Writing
AI-aided writing, editing, and research tools, including ChatGPT, Google’s Bard, Grammarly, and others, have significantly advanced, making them invaluable for copywriters in tasks like brainstorming, research, outlining, and proofreading. While fears of AI taking over copywriting jobs persist, it’s unlikely to replace human writers entirely, as AI still frequently provides misleading information, termed “AI hallucination.” Despite its advancements, double-checking AI-generated content remains crucial to avoid errors. Read more here.
