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Personal data is the new oil!

The future of marketing - Knowing what's coming!

The profession of marketing is the midst of a huge change. New devices, social media, data-led insights are changing the dimension for brands like never before. Here's a perspective shared by some experts of what's coming and how we need to get prepared. I picked-up some of the points and trends and sharing them here:

  • Customer data will become more important than ever. Tapping into Facebook’s social graph will allow businesses to access an incredible amount of information…This will be used to take marketing personalization to a whole new level.
  • Cross-department and channel collaboration will become more prevalent as marketing coordinates its research, analysis, activities and reporting with other parts of the business.
  • Webinars as an educational and marketing platform saw a huge rise in popularity in 2011, and will continue to grow in popularity in 2012.
  • The importance of viral and shareable content will drive companies and brands to become more creative with their content, replacing the predictable sales pitch with more informative or entertaining material, making the 2012 browsing experience less like opening pages, and more like changing channels.
  • Marketers need to think about how different channels connect with each other for users (such as email and social, display and mobile) and enable seamless extension of the user experience from one channel into another.
  • In 2012, we will see a continued rise in “on-demand” capabilities for all manner of media, and we will begin to utilize cloud-based services more and more. Marketing will allow less on wide shotgun blast approaches, and more on targeted, concentrated efforts.
  • Organizations that understand how great content turns audiences into mini-brand ambassadors will focus on storytelling and narrative as a catalyst for this change.
  • Social and mobile technology will continue to grow in importance. Email marketing will become less important as social media becomes the primary channel to communicate to customers and offer buying opportunities for consumers.

Would love to hear your comments on what you hear, see, read and what are you likely to do in the coming years.