π― The State of Marketing 2024
Navigating business growth with technology and creativity for more human marketing. (*excerpted from Hubspot's "The State of Marketing" study)
Below are the key concepts of the study:
Artificial Intelligence and Automation π€:
- AI and automation are transforming marketing. 64% of marketers already use these tools, and itβs expected that by 2024, most content will be created with the help of AI.
- AI is primarily used for research, content creation, and data analysis, allowing marketing teams to be more efficient and produce personalized content at scale.
Personalization π―:
- Personalization remains key to marketing success. Marketers who offer personalized experiences are 215% more likely to consider their marketing strategies effective.
- The use of first-party data and zero-party data becomes crucial in a future without third-party cookies. Collecting this data through channels like email βοΈ is essential to maintain personalization.
Social Media Marketing π±:
- Social media continues to be a crucial channel for search, sales, and customer service. In 2024, increased investment is expected in TikTok, Instagram, and YouTube, especially in short-form video πΉ formats.
- Influencer marketing is also growing, with a focus on micro-influencers who can offer access to loyal, engaged communities at a lower cost.
Integration and Efficiency βοΈ:
- System integration and data centralization are essential for marketing success. Companies with a single "source of truth" π for their audience data perform significantly better.
- Marketing teams are using AI to automate manual tasks, allowing them to focus on more creative and strategic work π¨.
Content and SEO π:
- Content remains a key challenge, with a focus on creating personalized experiences that resonate with audiences. SEO is also evolving, with an increased focus on content that is useful and based on real user experience.
- The demand for human-created content π that dives deep into complex topics is increasing as AI is used for more superficial and easily replicable content.
Privacy and Data π:
- Data privacy is a growing concern. Google is phasing out third-party cookies, forcing marketers to focus on first-party data and targeting strategies that respect user privacy.
This report highlights the importance of adapting to
a constantly changing environment, using technology wisely
to create more human and effective marketing experiences. π