2024 Marketing Trends
The marketing landscape is continuously evolving to keep up with the world around it. Emerging trends are driven by technological advancements, consumer behaviors, market dynamics, and global events. Understanding these trends is critical to maintaining a competitive edge in today’s digital-focused, fast-paced world.
To provide clients with quality and effective marketing solutions, MassLive Media Group prides itself on being well-versed in the latest trends shaping the marketing landscape. Here, we explore the most relevant trends of 2024 and what they mean.
The Rise of Short-Form Video Content
Social media platforms such as Instagram, TikTok, and YouTube have made short-form videos extremely popular. Marketers have taken notice of this trend and use this approach in their marketing strategies.
While long-form videos have their advantages, such as providing more information where necessary, experts have learned that getting to the point can be a much more effective tactic. That’s mainly because short-form videos better cater to the fast-paced attention spans of most online audiences. Additionally, it requires less bandwidth to create a short-form video.
The Power of Influencer Marketing Continues
Influencers will remain major players in 2024. This is due partly to the power of social media, but also to the trend of influencers headlining marketing campaigns. Partnering with an influencer for a marketing campaign has many advantages, such as raising brand awareness and gaining new customers from the influencer’s audience.
Many believe that using an influencer in a marketing campaign requires partnering with a celebrity or someone with a high social standing. Micro-influencers, influencers with a follower count within the range of 10,000–100,000 followers, can be beneficial to a brand by serving more niche audiences. Micro-influencers are a more affordable solution and often yield more success than if a brand were to work with a celebrity.
Virtual Reality and Augmented Reality Making a Comeback
2024 looks to bring the resurgence of virtual and augmented reality (VR and AR) into marketing strategies. VR and AR saw an uptick back in 2021, but some marketers were weary of adopting this approach due to pricey equipment and bulky headsets. Now, VR glasses and AR apps have become more accessible, helping this trend make a comeback.
These immersive technologies can transform how companies interact with their customers as they offer an entirely new level of engagement. Using these technologies, consumers can experience products or services like never before. Engaging with a product or service in a simulated environment enables informed purchasing. Not to mention it creates a memorable experience. In addition, this tactic offers an innovative way for a company to tell its story and increase brand loyalty.
Podcasts are Here to Stay
Podcasts seemed to storm onto the scene in 2023. A 2023 report conducted by Pew Research Center found that 75% of Americans ages 12 and older listened to online audio once a month, while 70% listened once a week.
These astounding numbers are undeniable and many marketers are beginning to take notice. A survey shows that 82% of marketers plan to either increase or maintain their investment in podcasts and audio content in 2024.
Case Studies Will Continue to Drive Credibility
Credibility and authenticity are crucial when it comes to marketing strategies. Case studies are an effective approach that establishes transparency and builds trust between a brand and its consumers. Marketers will continue to utilize case studies in 2024, and a majority are expected to maintain or increase their investment.
Seek the Latest Marketing Strategies at MassLive Media Group
MassLive Media Group takes great pride in creating compelling marketing strategies for its clients. We do this by remaining well-versed in the most proven and up-to-date approaches. Our work spans across several industries and consists of a wide range of offerings.
For those who believe their marketing strategy can be improved upon, we offer free consultations with our marketing experts. For more information about MassLive Media Group and how we can help you achieve your marketing goals, contact us today.
References
https://www.pewresearch.org/journalism/fact-sheet/audio-and-podcasting/