Digital Marketing – Introduction

In the world of digital marketing, 2022 was filled with unexpected events that had significant impacts on the industry. Most people did not anticipate major events such as the sale of Twitter or the layoffs at major companies at the start of the year. These unexpected twists and turns required digital marketers to adapt and pivot in ways that they had never done before.

However, the lessons learned and changes made in 2022 have prepared digital marketers for the upcoming year of 2023. Marketers all over the world are analyzing upcoming trends to ensure they can have a successful year regardless of any challenges that may arise.

There are various tools that digital marketers can rely on in the coming months, such as producing shorter video content, relying more on influencers, diversifying social media channels, and putting brand values at the forefront of their strategies.

Digital marketing trends in 2023

In the upcoming year of 2023, digital marketers may face the challenge of doing more with less due to indications of a tech recession. Many companies may need to stabilize their finances by reducing marketing budgets, making it crucial for marketers to stay up-to-date with the latest trends and make the most out of their available resources.

By taking advantage of the latest digital marketing trends, marketers can strategically allocate their budgets and time to the channels and activities that will generate the most significant returns on investment (ROI). This approach will enable marketers to utilize their resources efficiently and effectively, optimizing their digital marketing efforts for maximum impact.

As you make strategic decisions regarding your marketing goals, values, and strategy, it is essential to consider the latest digital marketing trends that will shape the industry in 2023.

1. Creating shorter video content:

One prominent trend is the creation of shorter video content. In 2022, the use of Instagram stories gained popularity among brands as it enabled them to showcase their products and influencers through short videos, reaching a vast audience. In the upcoming year of 2023, this trend of short-form video content is expected to continue to gain momentum on platforms such as Instagram stories and TikTok. Moreover, digital marketers can leverage Instagram reels’ increasing popularity to enhance their brand’s discoverability on the Explore page, allowing their videos to reach a potential audience of up to 200 million viewers.

2. Implementing ChatGPT:

In 2022, ChatGPT created a big impression, and in 2023, its skills for digital marketing will probably be fine-tuned.

As the community of ChatGPT users continues to grow, more digital marketers will have the opportunity to leverage the power of AI technology to enhance their marketing strategies. For instance, digital marketers can use ChatGPT to personalize responses to customer inquiries, create content for social media and email marketing campaigns, and more.

To maximize their return on investment, it is crucial for digital marketers to determine how ChatGPT can fit into their daily workflows. While the language processing and generating tool can streamline communication, it is crucial to exercise caution and ensure that all content generated by the app is thoroughly edited for accuracy and clarity. Fact-checking is also essential to ensure the content is reliable and credible.

3. Diversifying social media channels:

The lesson that digital marketers learned from 2022 is the importance of diversifying their social media channels, as relying on a single platform is not a solid marketing strategy. The recent volatility of Twitter, which occurred after Elon Musk’s acquisition, highlighted the fact that specific social media channels may not be a reliable source of audience and revenue in the long run. Therefore, in 2023, it will be crucial for digital marketers to spread their social media campaigns across various platforms. One such platform that may have been previously overlooked but has the potential to increase brand awareness is LinkedIn. It is projected to capture 25% of US B2B spending by 2024, providing an opportunity for businesses to showcase their services to other companies effectively. With a year to prepare, digital marketers should focus on refining their LinkedIn strategies to take advantage of this growing market.

4. Building a tight martech stack:

In 2023, companies will focus on building a lean martech stack as they strive to achieve more with less. Marketers will prioritize eliminating unnecessary apps and tools that do not contribute to the return on investment (ROI). Instead, they will opt for all-in-one software that enables them to combine several apps and save money. Consolidation of applications through work management software will be a significant trend. Marketers can benefit from the platform’s ability to provide a central location where teams can access features they would otherwise have to pay for in separate apps. For example, when work management software offers Digital Asset Management (DAM) services and content publishing, marketers do not need to purchase additional software.

5. Collaborating with Influencers and Content Creators:

As per HubSpot blog’s analysis of marketing industry trends, 25% of marketers are currently leveraging influencers to promote their content or products. This figure is projected to rise in 2023, with an estimated 17% of marketers intending to participate in influencer marketing for the first time.

Collaborating with influencers and content creators can provide a dual benefit as these partnerships frequently employ short-form videos, which are also one of the top trends for 2023.

6. Emphasizing Brand Values:

In 2023, digital marketers will prioritize the humanization of brands to distinguish themselves from their competitors. This trend gained momentum after the social justice movement of 2020. As a result, digital marketers will have a growing responsibility to ensure that a brand’s values take center stage in their marketing efforts.

How Inspire Digital Learning will help you keep up with the most recent trends in digital marketing:

Inspire Digital Learning is a versatile and user-friendly work management platform that serves as an ideal springboard for digital marketers to take advantage of the latest trends in 2023. Its broad range of capabilities makes it a preferred choice for marketers, as it enables them to efficiently manage various marketing trends. This includes optimizing influencer marketing by streamlining workflows with external parties, as well as consolidating their technology stack by integrating with over 400 applications.

Conclusion

Furthermore, Inspire Digital Learning supports a diverse range of marketing activities, such as developing successful marketing campaigns, scheduling social media posts, gathering feedback, and adjusting campaign content without needing to switch to other platforms.