As we reflect on 2022, it’s valuable to gauge what trends will be at the forefront in 2023, so you can prepare and adjust your strategy accordingly. We’ve surveyed our talented Marketing Strategy and Services team to discover what will be the most relevant marketing trends in 2023. Here are our findings:
With so much noise in today’s market, customers expect businesses to provide more personalized experiences. According to Salesforce’s 2022 State of Marketing Report, 83% of marketers say, “their marketing organizations engage customers in real-time across one or more marketing channels.” Even if you don’t realize it, you do provide an omnichannel experience. But is it an experience that provides your customers with what they need and want in the right place and time?
In 2023, it’s going to become more important to provide consistent experiences across a variety of channels. To provide a well-tuned omnichannel customer experience, you need to be able to centralize multiple data sources and ensure your zero- and first-party data collection strategy enables you to understand how your segments interact with your brand. Fortunately, there are modern solutions for that.
Customer Data Platforms (CDPs) are a powerful tool when it comes to personalization. Since CDPs unify customer data across disparate data sources, you can gain a real-time view of customers. With centralized data, you can target and segment more efficiently. This enables your organization to act swiftly as you will be able to track campaign performance more rapidly.
Combining CDPs with intelligent customer journey and personalization engines, you can begin to build highly customized experiences spanning across email, social, and web, ensuring you are providing the right message at the right time across all channels.
Let’s address the elephant in the room: With more layoffs occurring across many industries, such as tech, finance, and consumer goods, we can expect marketing budgets to remain stagnant. As a result, there will be pressure to do more with less.
That doesn’t mean you have to do more work to reach your goals if you use your existing resources. Most marketing teams do not fully utilize their marketing tech stack. If your team is in a similar situation, it’s critical to evaluate the features you are not utilizing to their fullest. This can help you discover potential features that will make it easier to achieve your goals.
What does maximizing the value of your current martech stack look like? Perhaps you are:
You don’t have to maximize the utilization of your martech stack alone. With our winning combination of next-level marketing strategies and deep technical experience, we’ve helped many clients across a multitude of industries maximize their marketing technology investment and provide more personalized, omnichannel customer experiences.
To reach your growing KPI goals with constrained resources, automation is a necessity. Utilizing machine learning and artificial intelligence can help your team automate tedious, manual tasks so you can focus on providing excellent customer service. One way innovative marketers are using this new technology is by investing in AI-powered chatbots and conversational marketing platforms.
Chatbots and conversational marketing platforms empower your team to generate targeted messages that answer customers’ questions in real-time instead of directing them to manual lead capture forms and waiting for a response.
AI is also becoming increasingly used for trend spotting and analysis. Einstein Recipes within Interaction Studio are powered by machine-learning algorithms that curate content based on the “ingredients” selected by the user to provide recommendations on-site, in emails, or on mobile apps. These suggestions will increase cart value and encourage continued engagement when strategically placed.
The customer insights from personalization and interaction management platforms help to form a better picture of your customers, enabling you to better analyze and optimize your go-to-market strategy.
With brands constantly shouting over each other online, customers are becoming increasingly selective about the brands they purchase and interact with, especially Gen-Z. According to Salesforce, 66% of customers have stopped buying from companies and brands whose values do not align with theirs.
It’s essential to understand what your customer segments value, so you can provide messaging and products that speak to their values. You must ensure your zero- and first-party data collection strategy provides you with enough information to determine those values and cater to their needs accordingly. Establishing loyalty programs or other direct communication channels is an exceptional way to collect the data you need to ensure your customer experiences are frictionless, personalized, and memorable.
As you know, a lot goes into your digital marketing strategy. It’s critical to understand how marketing trends, no matter how large or small, can affect your go-to-market strategy. Here are some other trends to consider when re-evaluating your 2023 digital marketing strategy:
As the market increasingly demands marketers to do more with less, you don’t have to handle more of the work on your own. With a trusted partner, like Lev, you can ensure your martech stack enables you to connect with your customers at the right place and time and adhere to best practices.
Check out our latest blog, “How We’ve Helped Clients Lay a Solid Marketing Foundation Going Into 2023,” to discover how we've helped many clients establish processes that set them up for success into the new year.