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.
Audience analysis is the assessment and identification of interests, attitudes, preferences, behaviors, demographics, needs, and other data points of a particular group. In a business setting, audience analysis allows businesses to understand current and potential customers. It can improve engagement rates, generate more sales, cultivate customer relations, and create relevant content. It even allows businesses to refine their models to deliver an optimal customer experience.
To conduct audience analysis effectively, you should identify and segment your target audience, identify priority characteristics, identify barriers and facilitators to change, identify key influencers, and create data-informed buyer personas. Doing so can help you build stronger relationships, optimize campaigns, and reduce customer acquisition costs.
Audience analysis is critical for every business. It helps you understand your audience, making it easier to interact with them more effectively. It also boosts your marketing ROI because it gives you actionable insights such as where your audience members hang out, what their needs are, and so on.
How to Conduct Effective Audience Analysis in Six Steps
Don't worry ... it's FREE!
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.