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10 New Technologies that will change the way we do Marketing

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10 New Technologies that will change the way we do Marketing

Do you know the technologies that will change the way you do marketing? The only constant is the change mechanism. In recent years, dozens of technologies have emerged that influence the way in which we relate to almost all aspects of our life: medicine, gastronomy, tourism, or education.

It was a matter of time before many of them were applied to marketing, one of the disciplines that most influences consumer behavior. Here we focus on the 10 technologies that will change the way we do marketing that are already among us:

1. Big Data

One of the consequences of applying digital transformation to companies is a huge flood of data. The cost of storing petabytes of data is decreasing. So any device can collect millions of data that can become a nightmare if not used properly.

When it comes to marketing, this large volume of data can help to segment databases much better. And personalize the different messages depending on tastes, interests and even the behavior of users.

The important thing in this case is to be able to use the right technology to group all your marketing channels. And manage to turn data into knowledge.

2. Internet of things

The reduction in the cost of microchips has meant that almost any device can incorporate sensors that are connected together. This is the basis of what is known as the internet of things.

The progressive incorporation of this technology into our lives may make it necessary to start designing digital marketing strategies that are directed not so much to people as to objects. For example, if the refrigerator decides when to buy milk, it may be interesting to create marketing campaigns with bots that indicate the properties or that adapt the price depending on the available stock.

3.- 3D printing

The 20th century was the age of mass marketing. It was necessary to mass produce and sell in industrial quantities to achieve economies of scale. Therefore, the main channels for managing marketing were television, radio or the national press.

However, in the 21st century, technologies have emerged that will change the way of marketing such as 3D printing. With it you can make a single unique product. What clearly affects the way in which that piece will be released? Digital printing will favor the use of more personal channels such as email marketing, SMS marketing or social networks.

4.- Automation (of qualified work)

The automation of industrial jobs is a trend that, according to the study The Risk of Automation for Jobs in OECD Countries, puts at risk 12% of jobs in the OECD countries. Spain. Other analyzes put 43% of the number of jobs that can be destroyed to be done by robots.

When it comes to marketing, automation is a process that allows you to create a series of automatic and personalized messages in a lead nurturing process.

To achieve this, it is necessary to use marketing platforms that allow cross-channel communication by automating tasks that if done manually would not be possible. For example, email marketing automation makes it possible for emails to be sent when a subscription or purchase is made. Regardless of the time of day it is done.

5.- Augmented reality

Understanding augmented reality is simple: It is how a new look is defined that combines elements of the physical environment with other virtual ones. For this, technological devices must be used that allow building a mixed reality in real time.

The potential of augmented reality for marketing is beyond doubt. In fact, there are already success stories. Among them, the viral of the summer: Pokémon Go!.

6.- Cloud computing

The cloud or cloud computing have revolutionized many sectors. Among them, digital marketing. Today it is possible to perform many actions that were completely impossible before. In fact, there are services like YouTube that would be impossible in the absence of cloud computing.

This technology allows us to enjoy various tools to manage content or measure KPIs from any device with Internet access in a transparent manner.

Furthermore, cloud computing or web hosting is the main driver of on-demand services. An advance that has allowed that it is not necessary to buy a tool but that it is used only when it is needed.

7.- Drones

Have you heard about the tests that Amazon is conducting to make its deliveries with drones? This is just one of the uses of one of the technologies that will change the way we do marketing today.

Beyond the tasks of e-commerce logistics, drones open up new ways of generating content from hitherto unthinkable places. For example, tracking events with photos and images from anywhere in the auditoriums where they are held. OR

8.- Wearables

More and more people have smartwatches from which they manage not only their communications, both by phone and by email, but also other types of services such as monitoring their health.

But wearable marketing goes beyond the use of smart watches. T-shirts, fitness bands, jewelry or any type of clothing can already be part of a digital marketing strategy. A number of elements in continuous increase.

As indicated by an analysis by the IDC consultancy before the end of 2016, the number of wearables worldwide will exceed 101.9 million. A notable 29% increase over wearable items sold in 2015. Year in which there had already been a 171% increase compared to 2014.

Estimates indicate that by 2020 it will reach 213.6 million wearables. A juicy cake for those responsible for digital marketers of many brands.

9.- Virtual reality

Glasses that allow absolute immersion in parallel virtual reality. Oculus Rift is just the first step in one of the technologies that will change the way of marketing in a more brutal way. Especially because it is a technology that is not new.

The concept of virtual reality emerged in 1965 but it is during the 90s of the last century that various initiatives arose such as the virtual reality engine of Silicon Graphics or the creation of VRML (Virtual Reality Modeling Language. ” Language for Virtual Reality Modeling “).

Already in 2003, Second Life emerged, the now famous virtual world in 3D, which at least served to understand the potential of a technology that, later, has already been used in different situations by brands such as Tesco, Esso, Nike or British Airways. And that the purchase of Oculus Rift by Facebook for more than 2,000 million dollars in 2014 has put it on the spotlight as one of the bets that the main brands must include in their digital marketing strategies.

10.- Google ARA Project

The ARA Project is a Google initiative that seeks to develop a free hardware platform that allows the creation of modular smartphones. It is, therefore, Google’s vision for the future of mobility. And it’s based on the idea that you don’t have to buy a new mobile device every few years.

Instead, this platform raises a structure with smartphone modules of the owner’s choice. In this way, if a specific technology makes progress, it will be possible to incorporate it without changing the entire device. For example, if there are advances in facial recognition, in the speakers or in the camera, they can be integrated by replacing old modules as they are in separate modules.

This project highlights the value of mobile technologies. That they are already modifying the way in which current digital marketing strategies are managed. In fact, all the statistics say that mobile internet browsing will already surpass the traditional one from desktop computers in 2016.

These are just 10 technologies that will change the way you do marketing. There are many others like advanced robotics. Or the incorporation of bitcoin and cryptocurrencies. Or the deep web and the already imminent one of the autonomous cars that will allow to have the attention of the users in a time and place that until now was owned by the radio.

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Google’s Surgical Strike on Reputation Abuse

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Google’s Surgical Strike on Reputation Abuse

These aren’t easy questions. On the one hand, many of these sites do clearly fit Google’s warning and were using their authority and reputation to rank content that is low-relevance to the main site and its visitors. With any punitive action, though, the problem is that the sites ranking below the penalized sites may not be of any higher quality. Is USA Today’s coupon section less useful than the dedicated coupon sites that will take its place from the perspective of searchers? Probably not, especially since the data comes from similar sources.

There is a legitimate question of trust here — searchers are more likely to trust this content if it’s attached to a major brand. If a site is hosting third-party content, such as a coupon marketplace, then they’re essentially lending their brand and credibility to content that they haven’t vetted. This could be seen as an abuse of trust.

In Google’s eyes, I suspect the problem is that this tactic has just spread too far, and they couldn’t continue to ignore it. Unfortunately for the sites that were hit, the penalties were severe and wiped out impacted content. Regardless of how we feel about the outcome, this was not an empty threat, and SEOs need to take Google’s new guidelines seriously.

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18 Events and Conferences for Black Entrepreneurs in 2024

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18 Events and Conferences for Black Entrepreneurs in 2024

Welcome to Breaking the Blueprint — a blog series that dives into the unique business challenges and opportunities of underrepresented business owners and entrepreneurs. Learn how they’ve grown or scaled their businesses, explored entrepreneurial ventures within their companies, or created side hustles, and how their stories can inspire and inform your own success.

It can feel isolating if you’re the only one in the room who looks like you.

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IAB Podcast Upfront highlights rebounding audiences and increased innovation

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IAB podcast upfronts in New York

IAB podcast upfronts in New York
Left to right: Hosts Charlamagne tha God and Jess Hilarious, Will Pearson, President, iHeartPodcasts and Conal Byrne, CEO, iHeartMedia Digital Group in New York. Image: Chris Wood.

Podcasts are bouncing back from last year’s slowdown with digital audio publishers, tech partners and brands innovating to build deep relationships with listeners.

At the IAB Podcast Upfront in New York this week, hit shows and successful brand placements were lauded. In addition to the excitement generated by stars like Jon Stewart and Charlamagne tha God, the numbers gauging the industry also showed promise.

U.S. podcast revenue is expected to grow 12% to reach $2 billion — up from 5% growth last year — according to a new IAB/PwC study. Podcasts are projected to reach $2.6 billion by 2026.

The growth is fueled by engaging content and the ability to measure its impact. Adtech is stepping in to measure, prove return on spend and manage brand safety in gripping, sometimes contentious, environments.

“As audio continues to evolve and gain traction, you can expect to hear new innovations around data, measurement, attribution and, crucially, about the ability to assess podcasting’s contribution to KPIs in comparison to other channels in the media mix,” said IAB CEO David Cohen, in his opening remarks.

Comedy and sports leading the way

Podcasting’s slowed growth in 2023 was indicative of lower ad budgets overall as advertisers braced for economic headwinds, according to Matt Shapo, director, Media Center for IAB, in his keynote. The drought is largely over. Data from media analytics firm Guideline found podcast gross media spend up 21.7% in Q1 2024 over Q1 2023. Monthly U.S. podcast listeners now number 135 million, averaging 8.3 podcast episodes per week, according to Edison Research.

Comedy overtook sports and news to become the top podcast category, according to the new IAB report, “U.S. Podcast Advertising Revenue Study: 2023 Revenue & 2024-2026 Growth Projects.” Comedy podcasts gained nearly 300 new advertisers in Q4 2023.

Sports defended second place among popular genres in the report. Announcements from the stage largely followed these preferences.

Jon Stewart, who recently returned to “The Daily Show” to host Mondays, announced a new podcast, “The Weekly Show with Jon Stewart,” via video message at the Upfront. The podcast will start next month and is part of Paramount Audio’s roster, which has a strong sports lineup thanks to its association with CBS Sports.

Reaching underserved groups and tastes

IHeartMedia toasted its partnership with radio and TV host Charlamagne tha God. Charlamagne’s The Black Effect is the largest podcast network in the U.S. for and by black creators. Comedian Jess Hilarious spoke about becoming the newest co-host of the long-running “The Breakfast Club” earlier this year, and doing it while pregnant.

The company also announced a new partnership with Hello Sunshine, a media company founded by Oscar-winner Reese Witherspoon. One resulting podcast, “The Bright Side,” is hosted by journalists Danielle Robay and Simone Boyce. The inspiration for the show was to tell positive stories as a counterweight to negativity in the culture.

With such a large population listening to podcasts, advertisers can now benefit from reaching specific groups catered to by fine-tuned creators and topics. As the top U.S. audio network, iHeartMedia touted its reach of 276 million broadcast listeners. 

Connecting advertisers with the right audience

Through its acquisition of technology, including audio adtech company Triton Digital in 2021, as well as data partnerships, iHeartMedia claims a targetable audience of 34 million podcast listeners through its podcast network, and a broader audio audience of 226 million for advertisers, using first- and third-party data.

“A more diverse audience is tuning in, creating more opportunities for more genres to reach consumers — from true crime to business to history to science and culture, there is content for everyone,” Cohen said.

The IAB study found that the top individual advertiser categories in 2023 were Arts, Entertainment and Media (14%), Financial Services (13%), CPG (12%) and Retail (11%). The largest segment of advertisers was Other (27%), which means many podcast advertisers have distinct products and services and are looking to connect with similarly personalized content.

Acast, the top global podcast network, founded in Stockholm a decade ago, boasts 125,000 shows and 400 million monthly listeners. The company acquired podcast database Podchaser in 2022 to gain insights on 4.5 million podcasts (at the time) with over 1.7 billion data points.

Measurement and brand safety

Technology is catching up to the sheer volume of content in the digital audio space. Measurement company Adelaide developed its standard unit of attention, the AU, to predict how effective ad placements will be in an “apples to apples” way across channels. This method is used by The Coca-Cola Company, NBA and AB InBev, among other big advertisers.

In a study with National Public Media, which includes NPR radio and popular podcasts like the “Tiny Desk” concert series, Adelaide found that NPR, on average, scored 10% higher than Adelaide’s Podcast AU Benchmarks, correlating to full-funnel outcomes. NPR listeners weren’t just clicking through to advertisers’ sites, they were considering making a purchase.

Advertisers can also get deep insights on ad effectiveness through Wondery’s premium podcasts — the company was acquired by Amazon in 2020. Ads on its podcasts can now be managed through the Amazon DSP, and measurement of purchases resulting from ads will soon be available.

The podcast landscape is growing rapidly, and advertisers are understandably concerned about involving their brands with potentially controversial content. AI company Seekr develops large language models (LLMs) to analyze online content, including the context around what’s being said on a podcast. It offers a civility rating that determines if a podcast mentioning “shootings,” for instance, is speaking responsibly and civilly about the topic. In doing so, Seekr adds a layer of confidence for advertisers who would otherwise pass over an opportunity to reach an engaged audience on a topic that means a lot to them. Seekr recently partnered with ad agency Oxford Road to bring more confidence to clients.

“When we move beyond the top 100 podcasts, it becomes infinitely more challenging for these long tails of podcasts to be discovered and monetized,” said Pat LaCroix, EVP, strategic partnerships at Seekr. “Media has a trust problem. We’re living in a time of content fragmentation, political polarization and misinformation. This is all leading to a complex and challenging environment for brands to navigate, especially in a channel where brand safety tools have been in the infancy stage.”



Dig deeper: 10 top marketing podcasts for 2024

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