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POSITIVE PREDICTIONS IN DIGITAL MARKETING FOR 2020

According to a report by PayPal’s Commerce Index, the number of businesses in the UK expected to begin marketing on social media is set to double in the next six months – a huge increase from the approximate 600,000 businesses that already do so. British businesses are finally set to catch up to the rest of the global average of 35%: currently, just 24% of UK businesses use social media to market their products.

The increase could partially come down to the rise in millennial business owners and marketing heads – with the younger generation being more app and social-media savvy, it stands to reason that millennial-owned businesses would use tools they already know and love to market their services. Yet it’s not only the increase of millennials in the boardroom that are to blame – success stories of brands who invest wisely into the digital sphere and see great returns have spurred interest in the less traditional methods of marketing.

An example of a business that has begun to take digital marketing more seriously is Pandora, which has hired London digital marketing agency Fifty-Five to further enhance its social media and overall online presence. According to The Drum, Pandora is ‘in the process of increasing its investment in digital media as a way to build its brand and drive sales, as well as attract new and loyal customers instore.’ Pandora’s inclusion of the digital sphere as a crucial aspect of its branding is indicative of the turn towards less-traditional marketing techniques that businesses have been embracing more and more over recent years. Despite the brand already being a household name, Pandora is evidently interested in the further capabilities that digital marketing can provide.

If its experience will be anything like the retailer Oasis, it’s likely to be worth it. The clothing store has turned to more savvy digital marketing technique after it faced multiple store closures throughout the UK. Despite the setbacks, Oasis saw an extraordinary 175% increase in revenue and an overall 20% rise in customer engagement after it circulated an email with an ad video featuring Frankie Bridge, former member of The Saturdays. Sophia Holland Thomas, Digital Marketing Manager at Oasis, said, ‘Videos are capturing consumer attention like never before and video marketing is becoming an increasingly important vehicle for companies looking to engage with a millennial audience, where they can enhance their outreach and revenues.’

If that wasn’t enough, the data insights and consulting company Kantar recently released a report that offered its predictions for the upcoming year in the technology and digital world. Duncan Southgate, Global Brand Director at Kantar, wrote, ‘Digital is set to consolidate its dominance in 2020, with 84% of marketers planning to increase spend in online video, and 70% planning to increase spend in social media, according to our recent Getting Media Right report.’

All evidence seems to point to the growing importance and prevalence of digital marketing, and businesses are expected to invest accordingly. And if the success stories of the likes of Oasis are anything to go by, it can be assumed that this will only be good news for those brands that take the leap from traditional, linear marketing such as TV, radio or billboards. At Source, we embrace both traditional and the digital world, where influence and recommendation is key. We’re fluent in the world of online marketing and provide a tailored approach to brands and businesses that look to increase their online reach.

Get in touch on 01829 7208789 to learn more, or follow us on Twitter (@source_tweets), Facebook (@SourcePublicRelations) and LinkedIn (The Source).

DIGITAL AGENCY – HOW THE TIMES ARE A CHANGIN’

When working in a digital agency in Chester and providing B2B PR or consumer PR clients with support and advice, it’s so important to keep up to date with the ever-changing world of new technologies, insights and applications.

Understanding and using new technologies helps keep you at the forefront of providing valuable advice and delivering current campaigns for clients that really work for businesses and customers alike.

If you stand still too long or stop to give yourself a pat on the back, there is a real chance that you’ll get left behind.  It’s fast moving, challenging but when compared to the old days of pure PR – very rewarding.

For years there was always the question of ‘how do you put a value on PR?’  Historically it was a measurement of column inches or messages density, but now there are so many additional factors that should be considered whether it’s directly reaching thousands of customers with engaging messages through social media or producing content that improves a client’s reputation or thought leadership position. Each post or article can be measured in terms of who read it and what action they took as a result.

Digital

With the growth in digital the whole world is more transparent.  The engagement on each post can be measured, the actual number of people who read an online article can be seen and the customer journey for each purchase can be viewed as cookies follow customers through their entire purchasing process.

This is great.  It helps justify marketing budgets and provides a real opportunity to show a return on an investment.  Most important of all is that it makes you realise that you are actually making a difference, that the work you’re creating is driving sales and that the campaigns work.  The times are changing and look set to continue to evolve which has to be great news for clients and digital PR agencies alike – as long as you can keep up.