Do Marketers Expect to Face More Competition in 2024?
Do marketers think their companies will face more competition in 2024 compared with 2023? To find out, researchers conducted a survey of 507 marketing professionals in the United States.
It is human nature to freeze in a crisis, but this is not a good response. Instead, take a human and compassionate tone, be agile and look for opportunities to emerge from the situation stronger. Consider what opportunities your competition's freeze reaction has created for you. Focus on the 8 areas to help lead your brand boldly through the crisis.
Contingency-planning is important, as we must consider how long this disruption will last. Persona-building should be revisited to adjust to target audiences' changed needs, purchases, habits, and attitudes. Product assessment should consider how features can reflect the new awareness or new concerns. Service should be changed to better address new usage or buying behaviours.
Marketing should modify brand positioning or messaging to draw attention to current features and benefits. Communications should be interactive and use social media to truly understand customers' emotional state. Deep and indelible impressions should be made by contributing to the cause. Finally, strengthen your employer brand to show employees that the company has integrity.
Eight Steps for Getting Brands Through a Disruptive Crisis Like COVID-19
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Do marketers think their companies will face more competition in 2024 compared with 2023? To find out, researchers conducted a survey of 507 marketing professionals in the United States.
What makes top B2B marketers successful? Recent research unveils what differentiates top performers. Dive deeper.
Another year in martech has passed at a blistering pace—with the discussion on new trends, technologies, and issues consuming our days. The author builds on his (mostly borne out) 2023 predictions about three martech trends.
The next few years will bring fundamental shifts to marketing. First things first, though: Prepare for what's to come in 2024 before looking further out into the future. Here's where 2024's most successful marketers and media agencies will direct their focus this year.
The bad news is that marketing isn't going to get any easier in 2024. The good news is that your marketing output is sure to improve if you use these three predictions to work both smarter and harder in the new year. See what's ahead...
For marketers, belt-tightening is back for 2024. Balancing brand and demand investments, however, doesn't have to hurt. In fact, taking these six steps can increase impact, build resilience, and pave the way for long-term growth. Do more with less.