What’s Your Crystal Ball Tell You?
The survey ‘nuggets’ below reveal a ’50-thousand’ perspective of predicted global business trends projected beyond 2020. See if your industry is likely to prosper or falter.
New Technology Adoption
The top five strategic industry drivers through 2022 are all technology related. Global growth and the new technologies that define it will spur business growth, job creation and demand for specialist skills.
Big Data Availability
According to investment plans of companies surveyed in a “Jobs Report”, 85 percent of respondents will likely expand their big data analytics adoption of both users and providers by 2022.
Advances in Mobile Internet
Smartphones abound; a recent trends study reveals that two-thirds of the global population represents mobile subscribers (which has the greatest reach of any technology). This dynamic is certain to result in life-enhancing services and expand greater access to education and health services.
Artificial Intelligence (AI)
Artificial Intelligence is already used to increase efficiency, improve productivity and performance in manufacturing, technology, healthcare and numerous other industries. A new AI global study reports that 80 percent of executives believe AI will help their business either achieve or sustain a competitive advantage.
Cloud Technology Advances
According to the stated investment intentions of 2018/19 companies surveyed, 72 percent of respondents will likely expand their adoption of cloud computing by 2022. This step will make businesses more agile, collaborative, efficient and scalable while reducing costs.
National Economic Growth/Shifts
Combined with technology, socio-economic trends will also affect business growth through 2022. National growth trends will have the greatest impact in the aerospace, supply chain/transport, infrastructure, mining and metals industries.
Prosperity in Developing Economic Growth
Enabling access to technology and education is expected to contribute to the expansion of the middle class. Research predicts this growth will have the greatest effect on aviation, travel/tourism, chemistry, advanced materials and biotech, and global health/healthcare.
Increased access to education is a consequence of technology adoption along with the expansion of the middle class. The industries projected to be most affected by this socio-economic propensity are aviation, travel/tourism, mining, metals, and professional services.
New Energy & Technology Innovations
Decarbonization, emerging markets and resilience will continue to propel increased demand in renewable energy worldwide. And, advanced computing power, new energy supplies/technologies will drive business development in countless industries.
Estimates predict the global middle class will likely double by 2020 and triple by 2030. This impetus is attributable to urbanization and will drive greater access to education, technology and opportunity.
Looking into a crystal ball is always speculative; however, given the information from these recent studies, the future looks bright! HQZ Experts continues to examine evolving technology trends that offer new opportunities to our own business as well as those of our clients. Let’s talk about what’s in your crystal ball.
Sources: Deloitte; Flatworld Solutions; Pew Research
Digital Marketing Etc.
The path to reaching business goals works better using a digital marketing strategy. Why? Doing so helps you save money, evaluate vital data from which to make better decisions, and build customer trust. How so? Because it’s more affordable, flexible, and easier than traditional marketing approaches. Regardless of size, industry or geography, digital is necessary for growth and staying power today and tomorrow. The topics below define why.
Digital marketing uses targeted research and analytics to quickly determine which approaches are working well and which aren’t. Most digital marketing channels are less costly from the start and help you avoid overspending on underperforming campaigns.
Digital marketing gives small businesses more opportunities to compete, improve brand awareness, and build an audience. That’s because it closes the gap between large, medium, and small companies and benefits each range with many of the same resources ... it’s about what you offer, not how tall your building is.
Measures Program Results
Single attribution (first touch/last touch) is the method of measurement used by most marketing teams. The theory: it takes an average of seven touches to convert a cold lead to a sale and puts the highest value on the first or last touch. Traditional marketing stats are much more difficult to measure say on the ROI of a print ad than it is to measure that of a digital ad given the print ad audience is much broader. Digital marketing targets specific audiences and can see which advertisement prompted which sale. Imagine.
A/B Testing Works
Experimenting with all aspects of a marketing campaign — A/B testing the location of an email, sign-up, call to action, the color of a promotional banner, a subject line — is much easier to analyze more quickly on digital feeds. Simple changes can be tracked and used to target customers more effectively. The results of A/B testing can improve targeting of print ads too. Example: if a company targets the same audience on a search engine as it does in a print magazine ad, the message will be effective for both.
Mobile Marketing Engagement
Mobile marketing is changing the way we all ‘view’ the world. According to Global Web Index, more than eighty percent of internet users own a smartphone, and ninety percent of the time spent on their smartphone is devoted to applications. Mobile marketing — from email and social ad design to SEO to branded apps —you to reach users in their comfort zone. Great concept.
Analytics Reveal Biz Models
Measuring digital analytics helps companies make informed decisions about where to invest their resources and improve efficiency. Gathering numbers from traditional marketing channels is a manual process, while most digital platforms, including social media and marketing automation, have built-in analytics dashboards with all data automatically available.
Digital Is Personal
Tech marketplaces have led customers and buyers to expect individual, personalized attention. “Click To Tweet” Digital marketing eliminates the “one size fits all” marketing approach by delivering better insight into segmentation. Using customer behavior tracking results to personalize outreach creates the ideal customer experience because you are reaching the RIGHT audience. It also increases trustworthiness, loyalty and a growing team of brand advocates. Which is the whole point.
Email Marketing Is Best
We always assume that our digital marketing strategy caters to the audience’s preferences. Fact: seventy-two percent of people prefer to hear from brands via email. And, email marketing sets targeted messaging right in front of customers and prospects. When automated, “trigger emails” can be sent automatically based on customer activity and personalized interactions … if you utilize that resource.
Building Social Media Trust
A “friend referral” instantly makes a company seem more trustworthy to prospects. Digital advertising leverages social media to make “likes” and other online reviews visible to friends of your customers. And, recommendations highlight your company thereby routinely building a positive impression and likely trust.
SEO Promotes Your Brand
Stats show that eighty-one percent of B2B purchase cycles begin via a web search. That’s likely why search engine optimization (SEO) has the best return on investment of any digital marketing channel right now. For a company to be seen, it must show up on the search engine’s first page. A solid SEO strategy is vital to improving your company’s search engine ranking.
Digital marketing works! Any of these approaches can move your marketing outreach forward. HQZ Experts can help you evaluate your options and implement a strategy to better marketing practices … give us a call (949-454-6149) and we can help you get started.
Promo Landing Pages - Your Marketing Engine
Marketers know the fundamentals of Home landing page best practices: 1) Relevant and Compelling copy, 2) Top-right form placement, and 3) Social presence. The following simple actions can also boost your page conversions.
Speak to Their AOI
The old one-size-fits-all content doesn’t work today. To achieve real engagement in your landing pages, use lively content that speaks to this audience (area of interest), as if they are a new friend and you are getting acquainted. Define a message based on what you already know about them—mention things they relate to such as their work or industry or even hobbies then define how you share common interests.
When you set yourself apart with text that doesn’t sound like it just came out of a jar, more times than not they will stop and read on … because you are different! And, they know that your attention is aimed at them.
Up Your Image Game
Humans process visual information way faster than reading text. That’s why it pays to spend more time choosing images that appropriately impact for those you are pursuing. Rather than show them a picture of your product, your headquarters building or company President, consider who you really want to attract – then use images that appeal to them. If you spark an emotive response that they relate to, they will stop and check out the message.
Use Forms or Not
With more buyers using mobile devices and social media platforms, it’s harder to stay connected. Meaning forms may not be the best way to capture data anymore since people don’t really want to fill out a form ‘right now’.
There’s a bunch of non-intrusive ways to gather prospects’ information that capture registration and lead information through social media channels. By integrating your paid ad campaigns with your marketing automation tool/CRM system, you capture the data you need without hassling your prospects or redirecting them to another “Form” page. And, when prospects aren’t required to fill out form fields up front (yet know that their information is being collected), they appreciate the shortcut.
These tips can be fixed right now; if you do you’ll start seeing more responsive results very soon. So, before you send out your next marketing message, think critically about your landing page. Ask yourself:
- Is the image really impactful?
- Is my text personalized and targeted?
- Have I minimized the number of form fields?
Do some or all of these things and you’ll begin to notice high-converting campaigns. And by testing and optimizing each element as you go, you can push your conversions even higher. Happy landings!
2020 Marketing Changes
2020 promises many changes in how marketers do their jobs. Most experts who predict the significant changes in traditional marketing strategies see a common thread will see greater attention to ‘audience convenience’ and ‘personalization’. Whatever your vision, your marketing message must define how you solve ‘their’ problems.
This means emphasizing authenticity and connectivity beyond “sales-pitch hype” and a laser focus on your prospects and customers. Figure out ways of optimizing content and prioritizing the conversations you have with them. Decide What your company’s story will be then engaging your customers personally – and yes that means talk to them – capture their attention and their lifelong loyalty to your brand.
1: Marketing Technology Consolidation
2: Themed Website Decline
Sure, formula WordPress themes are ubiquitous, inexpensive, easy to develop and deploy. But, because companies will need higher-end custom sites with a unique experience and premium branding, they’ll be shopping for something better. Color pre-built themes and frameworks gone and websites that are truly exceptional and differentiating are in.
3: ‘Consequential’ Data Review
Google Ads, Google Analytics, automation platforms and B2B marketing information have become, well, abundant. Marketers have realized that click-through rates by variant are based on “junk data.” B2B marketing in 2020 will employ meaningful metrics by evaluating what data is used to make decisions and actually influence the bottom line – not just generate stroke vanity.
4: Prospect Focus
Focus on your client. They’re the once who really matter and ARE your marketing targets. So, your approach should include a (re)focus on delivering experiences and messages that grab the potential buyer’s attention. It’s not about you. When marketers stop worrying about self-fulfillment and self-aggrandizement, they’ll refocus on what really matters – hearing the cash register ring.
5: Google PPC Yes with Some Modifications
Google Ads is now mature and simple … but has driven the cost up on a whole lot of areas. 2020 will see firms change their Google Ad bidding strategies that is more focused on who the buyer is and what they want. Smart marketers will now be focusing their bidding strategies on the problem potential customers are trying to solve, while avoiding high-dollar bidding terms. Learn about them and know who they are.
6: Sales & Marketing Get Divorced!
The line between marketing and sales has eroded to almost nonexistence. 2020 will revolve around sales enablement, meaning, marketing folks will assume a hybrid character by nurturing a prospect from their first interaction through customer engagement. Realize that that marketing-qualified leads aren’t enough now; marketers must create what sales needs by supporting their effort through the ‘close’ – and beyond. This calls for non-traditional lead nurturing, targeted advertising that coincides with demos and proposals, and pre/post-purchase email cycles. If your sales and marketing folks can play nice, it will reap great benefit.
7: From B2C to B2B
B2B lead generation seeks hyper-specialized targeting while B2C uses mass outreach tools. Think Facebook advertising which is often too blunt to be effective. 2020’s solution is based on demographics and predicted behavior and will highly target specific industry segments, companies and individuals, with laser precision. “B2B” gains a better understanding of the specific prospect - do they fit your demographic, and then, what’s the best approach to target them – not capturing thousands who may just vaguely resemble your prospect.
8: Reducing Garbage Content
People expect content – there is more of it today than ever before. But, producing content for content’s sake usually creates, well, junk and offers little value to the target. The awkward reality is that ranking on Page 1 of Google’s results doesn’t mean you’ll ever convert anyone. To survive, your 2020 B2B marketing should offer content exchanged well-presented useful stuff to the right audience.
Experts predict the biggest B2B marketing movement next year will be offering engaging messages that work for clients and talking to your audience – not hyping yourself. Go back and read #3 and #4!