Marketing Trends Predictions in 2024

As 2024 approaches, marketers are busy predicting and planning how to effectively reach and engage audiences. With rapid tech advancements and changing consumer behaviours, understanding the latest marketing trends is more crucial than ever.
Here is our top 6 marketing predictions we should expect to see in 2024:

 

  1. AI Chatbots in conversations and more AI dominance

In 2024, expect to see more brands using AI chatbots for customer interactions. Instead of waiting for replies, customers now get instant answers and support. This tech not only answers questions quickly but also helps guide customers in making purchases, offering a personalised touch that can boost sales. We could also see the introduction of new and more efficient AI tools that will have a profound effect on how marketers perform tasks, gather data, create content and optimise their strategy.

 

  1. Marketing in the Metaverse

By 2026, it’s expected that 25% of people will spend at least an hour daily in the metaverse for various activities, including shopping and socialising. The metaverse presents unique opportunities for immersive 3D marketing experiences, blending virtual and augmented reality. This new realm allows brands to create interactive worlds where consumers can engage with products and services in a virtual space. In 2024, we could witness the beginning of this shift as more consumers will dive into AR and VR.

 

  1. The Rise of Virtual and Augmented Reality

VR and AR are blurring the lines between the digital world and reality. These tools are becoming key for marketers, allowing them to create unique, immersive experiences. Imagine virtual showrooms or apps that show how furniture looks in your home or virtual clothes fitting. As these technologies become more common, they’ll play a bigger role in marketing. Interactive AR/VR ads will allow consumers to interact with the ad in the form of game, poll, quiz or even participating in a story. This will have a profound effect on the consumers’ emotions as it will deeply immerse them in a brand’s experience.

 

  1. Focusing on Sustainability and Ethics

Today’s consumers care about a brand’s values, especially regarding the environment and social issues. More brands are showcasing their commitment to sustainability and ethical practices, from using eco-friendly packaging to ethical sourcing. In 2024, a brand’s values are just as important as the products they sell.

 

  1. Personalised Marketing with Big Data

Consumers now expect marketing tailored specifically to them. Brands are using data from various sources like social media,websites and even in-store interactions resulting in the creation of hyper-personalised marketing strategies where content, product recommendations and even advertisements are customised for individual consumers. As this becomes more refined, it will render general marketing less effective.

 

  1. The Power of Video and Short-Form Content

Video marketing continues to be important, especially with the popularity of platforms like TikTok and YouTube Shorts. Short, engaging videos are great for capturing the limited attention spans of today’s audiences. Brands are using these videos not just for ads, but also for sharing stories, launching products, and gathering customer feedback. You should expect to see short-form video content grow even further next year.

 

The marketing landscape in 2024 is a thrilling mix of technology and customer-focused strategies. Brands that embrace AI-driven conversations, immersive VR and AR, ethical practices, personalised experiences, and impactful short-form videos are poised for success. Staying adaptable and innovative is key in this ever-changing world.

Call 07 3067 1440 or email us at mathew@boostsocialmedia.com.au to learn more on how our team of passionate marketing enthusiasts at Boost Social Media can assist you in your journey every step of the way!