12/02/2024 | News release | Distributed by Public on 12/02/2024 12:58
Keeping up with today's kaleidoscopic digital landscape requires marketing and experience leaders who can constantly innovate and stay ahead of emerging technologies, shifting consumer behaviors and a complex macroeconomic environment. Agility and insights are also critical requirements, along with the prioritization of customer experience, which outperforms price, brand and product, when it comes to drivers of customer loyalty.[1]
To ensure that an organization's brand remains at the forefront of digital innovation, it is important to identify the digital experience trends in-market today and explore how to best apply them in your business. Below are five digital trends that marketing and experience leaders should be prepared to leverage this year and beyond.
Hyper-personalization uses data analytics and artificial intelligence (AI) to create highly tailored experiences, transforming the way businesses engage with their customers. For digital experience makers, hyper-personalization is crucial in driving innovation and improving the overall customer experience across digital platforms by anticipating customer needs and preferences. Integrating hyper-personalization into digital ecosystems allows businesses to differentiate in a competitive market, enhance customer retention and gather valuable insights to optimize their digital offerings.
Hyper-personalization can also help marketers deliver more effective targeting and a stronger return on investment, ensuring that their efforts resonate with customer preferences. By understanding each customer's unique journey, organizations can fine-tune marketing strategies and tactics to deliver the right message at the right time, fostering stronger brand affinity.
Important tips to consider:
Customers expect seamless, integrated experiences across all touchpoints. Delivering an omnichannel strategy ensures that whether a customer interacts with a brand online, via mobile, or in-store, they have a consistent and cohesive experience. It also allows organizations to build an adaptive business that responds to evolving customer expectations and technologies.
Specifically, this approach allows organizations to collect comprehensive customer data, enabling more precise targeting and personalization and driving higher engagement and conversion rates. The result is a seamless experience across digital and physical channels, one that offers convenience and flexibility and encourages higher customer lifetime value.
Recent case study: |
Take the case of a large national retailer that was struggling to fix its disjointed customer experience across online and in-store activities and lacked visibility into customer engagement and needs. Determined to create a more customer-centric operating environment, the company worked with our experts to integrate new marketing technologies into touchpoints and form a cohesive journey. These important tips helped the retailer increase its 1-to-1 personalized outreach by 80% and drove cross-sell and upsell growth by 110% year over year:
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GenAI is revolutionizing how businesses approach marketing, digital engagement and customer experience. GenAI provides experience teams with the ability to generate cross-channel, personalized content at scale, adapting to individual user needs and preferences. Through the power of automation, teams can more effectively manage content, reduce costs and enhance agility - freeing up time for strategic initiatives.
Important tips to consider:
Composable content architecture empowers organizations to build highly flexible and resilient digital experiences. With the addition of multi-interface authoring systems, which allows authors to create content in the interface they are most comfortable with, enhancing versatility and ensuring consistency across multiple channels, experience and technology teams can rapidly scale and innovate.
This democratization of the authoring process increases content velocity, enabling contributors from across the organization to participate effectively and accelerate the delivery of new features and updates. By integrating these technologies, organizations can future-proof their digital ecosystems, equipping them to rapidly adapt to evolving customer expectations and technological advances to drive sustainable growth.
This is exactly what one media production and distribution company experienced when it sought to update its cumbersome CMS. Our experts partnered with the company to replatform and migrate over 50,000 articles, shows and podcasts from the legacy CMS to Adobe Experience Manager. After a month on the new platform and leveraging Adobe Edge Delivery Services, the company experienced 86% faster page performance, twice the average visit length and a 41% increase in ad viewability.
The M&E company followed this important tip:
As content management evolves towards a more composable framework, prioritize technologies that empower authors to work within their preferred interfaces, streamline workflows and increase content velocity.
With increasing concerns about data privacy and compliance, marketing and experience teams need to adopt a privacy-first approach, emphasizing transparency in data collection and providing users with more control over their data. They also should evaluate transparency on how they are utilizing their data for users benefit, which contributes to the value exchange that is also critical in building a long-term relationship.
Adopting these privacy-driven tactics can enhance overall brand trust and longer-term customer loyalty by demonstrating a commitment to keeping customer data safe, but also how the customer benefits from the utilization of data. By integrating privacy-preserving methods, organizations can continue to leverage data analytics to enhance user experiences and optimize digital services while ensuring compliance with global privacy standards.
This balance of data utility and privacy protection can drive innovation in personalized customer interactions, making it possible to deliver highly relevant and contextual experiences without infringing on user privacy. In an increasingly regulated market, embracing these practices will also ensure ethical data usage and give the organization a competitive edge as a leader in transparent, privacy-conscious transformation.
Important tips to consider:
To learn more about how to leverage the key enablers of marketing and digital transformation (technology, data and insights) and build frictionless customer experiences, visit https://digital.protiviti.com.