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Marketing Trend #1: Companies that Rely on Google Analytics Will Lose
We all love Google Analytics. Heck, I love it so much I log in at least three or four times a day. And here is the kicker: I get so much traffic that my Google Analytics only updates once a day. You are probably wondering, what’s wrong with Google Analytics? There actually isn’t much wrong with it. It’s a great tool, especially considering that it’s free. But marketing is changing. New channels are being constantly introduced, such as voice search. Transactions no longer are as simple as someone coming to your site from an ad and buying. These days there are things like upsells, down sells, repeat purchases, retargeting, and even checkout bumps. On top of that, there are so many different ways you can generate revenue for your online business, such as partnerships, affiliate marketing, and even webinars. This has caused companies to start using analytics solutions that tie into their database better, such as Amplitude. Or better yet, you will see a big push into business intelligence. A central place where you can tie in all of your data and make better-informed decisions so you can optimize for your lifetime value instead of your short-term income. In 2021, you’ll see more companies adopting business intelligence solutions from paid ones to free ones like Google Data Studio.
Step #1: Enter Your URL and Click “Search”
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Step #2: Review the Domain Overview
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- Organic monthly traffic: The total estimated traffic the domain gets for the keywords.
- Domain score: The overall strength of the website, with 1 the lowest and 100 the highest
- Backlinks: The number of backlinks to the website from other websites
Step #3: Scroll Down to SEO Keywords
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- Volume: The number of searches the keyword gets each month
- Position: The position the URL is ranked for in Google search
- Estimated visits: The estimated traffic the web page gets from Google for the keyword.
Step #4: Review All Your Keywords
In addition to reviewing all your keywords, complete with volume, position, estimated visits, and SEO difficulty, you can also type in a competitor name and see their keywords. This gives you new ideas of terms to go after. Sticking with the above example, you could run a search for Pipedrive. Here’s what you get:
Marketing Trend #2: Companies Will Optimize for Voice Search, But Not for Revenue
According to ComScore, over 50% of searches are from voice search. But that’s not really a new trend — everyone has been talking about voice search for years. So, what’s the big deal? Optimizing for voice search is a great way to get your brand out more, but how will it convert into sales? I haven’t seen too many solutions so far when it comes to capitalizing on your voice search traffic, but so far, there is Jetson.ai. If you aren’t familiar with Jetson.ai, it makes it so people can buy from your site using voice search. It doesn’t matter if it is Alexa or Google Home; they work with the most popular devices. What’s cool about Jetson.ai is that it can learn from each customer and customize the interactions. For example, if I keep ordering the same toothpaste from a specific store using voice search, Jetson.ai keeps track of that so you can easily keep ordering the same product over and over again with little to no friction. Heck, it’s easier than logging into your computer or pulling out your phone to make a purchase.Marketing Trend #3: Your Email List Won’t Convert As Well; Look for Alternative Communication Channels
Email; it’s something we all use in the marketing world. But here’s the interesting thing — I’m in a group with a bit over 109 email marketers across different industries in different parts of the world. Can you guess what we are all noticing? Our open rates are staying roughly the same and that’s largely because we all know how to clean and optimizing for deliverability. But our click rates are going down. So far, we have seen our click rates drop by 9.4 percent. That’s crazy, considering as a group, we have over 146 million email addresses. Does this mean email is dead? Of course not! Email is here to stay and will be here for a very long time. However, companies will have to leverage more communication channels. Chatbots are taking off. Not necessarily the Intercom’s or Drift’s of the world but more so the solutions like ManyChat and MobileMonkey. In addition to chatbots, more people are leveraging tools that allow push notifications like Subscribers. It’s so powerful, here is the impact I’ve been able to generate from push notifications so far using Subscribers.
Marketing Trend #4: Moats Will Be Non-Existent, Other than Brands
You’ve probably heard the word “moat” before. If you haven’t, just think about water around a castle.
Marketing Trend #5: You Have No Choice But to Use Automation
When I first started off as an entrepreneur, I turned to SEO because I couldn’t afford the big ad budgets like my competitors. Heck, I couldn’t even afford to run any paid ads. Over the years, the playing field has become more level. Credit card companies like Brex make it easier for startups to get approved for larger limits and you may not have to pay them back right away. There are financing companies that will give you cash to spend on marketing, so non-venture funded companies can more easily compete. Companies like Lighter Capital offer loans based on your existing revenue. And to top it off, software solutions are now starting to integrate AI to give better recommendations. From Clickflow and RankScience to Distilled ODN, everyone using AI to make SEO and other forms of marketing easier. Heck, BrightEdge can even automate your SEO (or at least a large portion of it). Their automated SEO solution increases page views per visit by 60% and provides 21% more keywords on page one. Keep in mind their clients are really big (their software starts in the thousands of dollars per month) so they would probably see better results than most companies, but still, you will see many more software companies leveraging AI in SEO. This is being driven by the rise of AI, Rank Brain, and natural language processing. Even with Ubersuggest, I’m working on AI that does the SEO for you, so you no longer have to spend endless hours on SEO while saving you thousands of dollars. In other words, the marketing playing field is getting more even. If you want to do well, you will have to leverage AI and marketing automation to survive. If everyone is leveraging the same AI marketing technology, how can you beat your competitors? Well, it will come down to everything else — price, customer service, upselling, operations, sales. All of that small stuff is what’s going to help you win. This brings me to my next point.Marketing Trend #6: There Are No More Silver Bullets, We All Have to Optimize for Marginal Gains
A lot of businesses were built using just one marketing channel. Dropbox grew through referral marketing. Invite more friends, get more free space.
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Marketing Trend #7: Depersonalization is the New Marketing
The problem with marketing as it exists today is that 95 percent of your visitors will never convert into a customer. That’s if you are lucky. Chances are you are more likely looking at 97 percent or more of site visitors leaving without converting. The big reason isn’t that your marketing sucks or that all of those visitors are junk and unqualified. It’s that your message doesn’t fit every single one of your visitors. Personalization allows you to convert more of your visitors into customers. A basic example of this is Amazon. When you go to Amazon, they know what you typically buy, so they show you what they think you’ll want to boost their conversions. It works! When I log into Amazon, I see tons of household supplies because that’s what I buy the most often. I never buy dog food (which is smart because I don’t have a dog,) so I’ll never see ads for dog food.
Conclusion
These are the marketing trends that will come true, and you need to be prepared for them. Here’s the beautiful part, though. Now you have a chance to act on the information before your competition. Make sure you get in ahead of the crowd. I want to see you not only succeed, but I want you to beat your competition. I believe you can, whether you are a big company or just starting off with very little to no money. What do you think of the trends above? Do you see any marketing trends that few people are talking about?The post 2021 Marketing Trends: Here’s What Nobody is Talking About appeared first on Neil Patel.