Thorin's Marketing Predictions for 2016
It feels like I've been talking a lot about the future of marketing lately (perhaps because I'm in the middle of analyzing the results of our 2016 Media Usage Forecast). January is an ideal time to take stock of some of the topics that keep coming up in those conversations and make some predictions about what they mean for the year ahead.
1. Social media advertising is going to get bigger and bigger. I'm not saying that just because of the size of the networks or the time Americans spend on them. The real tipping point factor here is the ability to target your message to a small audience, and deliver it pretty accurately just to them.
Tribalism is one of the more important factors influencing all media today: People want to see only things they want and/or agree with, and the ability to build a custom social circle that filters news and conversations they're exposed to reinforces this. To maximize the effectiveness of ads, and minimize the chance for a faux pas turns into a major PR disaster (I'm looking at you, Bloomingdale's "spiked eggnog" ad), advertisers should be trying to capitalize on those same mechanisms.
The social networks, with their in-platform targeting options, are going to benefit from that development.
2. More marketers are going to use personas, they're going to use more of them, and they're going to get more sophisticated. Again, this is about targeting and understanding your audience. As marketers move further away from campaign-based strategies and deeper into personalized, ongoing marketing, the ability to optimize ads, offers, landing pages and whole websites to a segment of your audience is essential to successful execution.
The growth of individual-level data for targeting and personalization isn't going to replace the need to do a lot of strategizing and optimization at a segment level (i.e., personas). The ability to build useful personas, include more factors in them (especially behavioral factors), and use those insights to boost ROI is going to be a major factor in the success of online marketing.
3. Google updates are going to cause less chaos. Google's aim in refining its algorithms has become pretty clear: Google wants to give searchers what they want. If you deliver web pages that satisfy the person who entered that search query, you're likely to continue to do well with Google. If you're manipulating your site to get more SEO traction, you're likely to take a hit at some point in the future.
Don't aim for where Google is today, aim for where it's going: Make search visitors happy.
4. You're going to see more brand marketing in online direct marketing spaces. This ties into No. 1 a little bit, too. From banner ads to email and content marketing, a lot of online marketing evolved around direct marketing tactics and the call to action. I think you're going to see more of that online marketing done as a way to promote brand content that in the past would have become a TV ad spot. The Ford In Focus videos Melissa talked about yesterday are a part of this trend. So is Red Bull's content marketing.
This is a recognition of the content marketing fact that you need to earn time with your audience by giving them something they want to watch instead of constantly interrupting them. These types of content could have smaller audiences online, but they're getting much more attention from the audiences they do attract. And the content can be targeted to those audiences can be targeted more effectively.
In essence, target marketing is becoming more important, even if it's a little less direct than it used to be.