12 Trends in Marketing to Watch Out for in 2024

With winter just around the corner, and Christmas coming up fast, it really is hard to believe that 2023 is almost over.

It seems like just a few weeks ago my team and I were meeting to discuss ChatGPT and decide how we’ll be using artificial intelligence moving forward.

But then again, after using AI on practically a daily basis for nearly a year, it almost feels like these tools have been around forever, and it’s hard to think back to a time when we didn’t have them.

I suppose this is just another reminder of how important it is to stay up to date on trends in marketing, as this industry is always changing rapidly, and AI seems to have accelerated that change even further.

That being said, I’m guessing that 2024 is going to be another incredibly transformative year in marketing, not least because of how the use of AI is expanding.

In any case, now is the time of year when I try to take stock of the latest marketing trends, so I can stay ahead of the curve and gain a competitive advantage in the new year.

With that in mind, I want to pass these insights on to you, so you can ensure you’re doing everything you can to market your business as effectively and efficiently as possible.

So, if you’re looking to learn more about the trends in marketing that are set to dominate in 2024, then this article is definitely for you.

Read: How Your Small Business Can Easily Leverage AI

If you want to know where the world of marketing is headed, you’re going to need to understand AI, at least in terms of what it’s capable of doing.

This technology has applications in pretty much every form of marketing, including each and every one of the trends in marketing I’ve listed below.

So, if you want to have a better idea of where marketing is going, and how you can leverage AI for your business, then you’re going to want to read this article.

Keep reading on our website.

The Top Trends in Marketing for 2024

1) Enhanced Personalization
In 2024, businesses will be better equipped than ever to harness data analytics and AI to create highly personalized customer experiences by using customer data to tailor things like marketing messages, product recommendations, and shopping experiences.

This enhanced personalization will also extend into email marketing, website content, and even product development, helping businesses build stronger relationships with their customers and stand out in crowded markets.

2) Value-Driven Content Marketing
As the old saying goes, content is king, and with AI tools like ChatGPT pumping out who knows how many pieces of content every minute, as we move into 2024, all forms of content will have to provide even greater value in order to perform well.

This means that brands will have to focus more attention on the needs, wants, and interests of their audiences, pay more attention to the kinds of content competitors are creating, and get even more strategic and creative with the content they’re producing.

3) The Rise of the Metaverse
Brands making use of the metaverse will become even more common in 2024, as this platform offers a ton of unique opportunities for brands to engage with their audiences, using virtual and augmented reality to go far beyond traditional online or physical marketing.

We haven’t seen too much of this yet, but I think in 2024, we’re going to see more and more brands making use of this virtual world for things like virtual events and product launches, the sale of virtual goods and services, and collaboration between brands and consumers on virtual projects.

4) Growth in Programmatic Advertising
Even though this technology has been around for quite some time, the automated and data-driven ad placements that programmatic advertising provides will become even more relevant in 2024.

For one thing, as AI and machine learning technologies continue to advance, and the pool of data that’s available becomes larger and larger, programmatic advertising will be able to offer even better audience segmentation, more precise targeting, and better returns on investment for advertisers.

At the same time, with economic conditions the way they are, businesses can’t afford to waste a dime, and the cost-effectiveness offered by this technology will be too tempting to ignore.

5) Leveraging AI and Automation
The increasing accessibility of AI and automation has allowed more and more businesses to leverage these tools, and that’s only going to accelerate as we move into 2024.

These tools can significantly increase efficiency by automating repetitive marketing tasks like social media posting, sending email responses, optimizing ad spend, and analyzing the behaviour patterns of customers, and they’re going to be game-changers for every business that chooses to use them.

All things considered, it’ll be interesting to see how AI and automation becoming more accessible will help to level the playing field, as there was a time when these kinds of tools were only available to large corporations.

6) Social Responsibility and Ethics
Consumers today tend to prefer brands that demonstrate ethical practices and social responsibility, and I think this trend is going to become even more prevalent throughout 2024.

The polarization and politicization of everything seems to be exponentially increasing, with no end in sight, and as a result, many consumers don’t want to do business with companies whose values don’t align with their own.

Businesses can capitalize on this trend by highlighting their ethical sourcing, sustainable practices, community engagement, or support for social causes in their marketing strategies, and this approach not only helps to attract customers but also builds long-term brand loyalty and trust.

7) Expansion of eCommerce
The rise of eCommerce is a trend that’s been going on for quite some time, but with everything that’s happened over the last few years, more and more people are choosing to shop from the comfort of their homes, and I don’t think that trend is going to slow down any time soon.

That being said, in 2024, eCommerce capability is going to become even more important, and businesses that are already selling online will be looking to enhance the shopping experience in innovative ways.

This may include adopting new technologies, like using augmented reality so people can “try on” clothes virtually, or more practical methods, like focusing on niche markets, improving mobile eCommerce, and offering unique products or personalized services online that are not readily available in retail outlets.

8) Optimizing for Voice Search
With more and more devices utilizing voice activation tools like Alexa, Bixby, Siri, Cortana, and Google Assistant, optimizing for voice search will become increasingly important in 2024 and beyond.

As a result, businesses will need to adapt their search engine optimization (SEO) strategies by ensuring they focus on conversational keywords and phrases that people are more likely to use when searching the internet using their voice.

9) Localized Marketing Strategies
With everyone glued to their phones these days, businesses will have to continue to focus on localized marketing, especially if they have a physical location.

This means they’ll have to optimize for local SEO, concentrate more on “near me” searches, and ensure their businesses are prominently listed and accurately represented on local directories, maps, and platforms like Google My Business.

10) Embracing Video Marketing
I know this is a trend that has been going on for many years, and will probably never go away, but I think we’re likely to see another exponential increase in this form of marketing in the coming year for several reasons.

For one thing, video editing has never been more accessible, with easy-to-use and even free video editing tools becoming increasingly common, allowing more and more businesses to make use of this medium.

At the same time, the unfettered growth of platforms like Instagram, YouTube, and TikTok shows that consumers continue to prefer this kind of content, and as brands try to enhance the online shopping experience, eCommerce applications, like the use of explainer videos, will also grow in popularity.

11) Building and Nurturing Community
More than ever, there’s a need for businesses to build a community around their brand. This is something we’ve been seeing for many years, and I think we’re going to see more and more of this.

So, in 2024, you can expect to see more active engagement on social media platforms, along with brands creating exclusive groups or forums where customers can interact and developing loyalty programs that reward customer engagement.

12) Prioritizing Privacy in Marketing
With increasing scrutiny on data privacy, especially as AI tools like ChatGPT have been made publicly available, in 2024, businesses will need to focus more on ensuring that their marketing practices are transparent and comply with data protection laws.

This approach avoids legal pitfalls, helps to build trust with consumers, and includes strategies like being clearer about how customer data is collected and used and providing customers with control over their data whenever possible.

Do you need help integrating any of these marketing tools or strategies into your business? Why not book a free 30-minute consultation with me to find out how we can help?

To your business success,
Susan Friesen