Digital Marketing in 2020: A glimpse into the future

by OmneVersity September 23rd, 2020 11 mins read

by OmneVersity
September 23rd, 2020
11 mins read

Introduction

Technology and digitalization have changed our world totally and took marketing into new frontiers. Digital marketing has become an integral part of today’s business and the importance is becoming crystal clear day by day. The continuous growth of social media, SEO, content marketing are experiencing dramatic developments with the course of technology.

Some of the reasons why the future of digital marketing in India is bright

  1. The traditional method of marketing where businesses have to sell their products or services door to door and mouth publicity has been overtaken by digitalization in today’s world. Nowadays, everyone wants everything at their fingertips, and the internet has made it possible.

  2. Most of the startups are launching their businesses through digital platforms so that companies don’t have to promote their product and services door to door, spend time and money in time-consuming activities.

  3. The government has also started the initiative of a “Digital India” program and encouraged to become a digitally empowered society.

  4. Colleges understand the importance of digital marketing course and encouraging candidates to take online training and have practical exposure to corporate projects.

Below are some of the Digital Marketing trends which will help you to thrive in this age of innovation.

Introduction

Technology and digitalization have changed our world totally and took marketing into new frontiers. Digital marketing has become an integral part of today’s business and the importance is becoming crystal clear day by day. The continuous growth of social media, SEO, content marketing are experiencing dramatic developments with the course of technology.

Some of the reasons why the future of digital marketing in India is bright

  1. The traditional method of marketing where businesses have to sell their products or services door to door and mouth publicity has been overtaken by digitalization in today’s world. Nowadays, everyone wants everything at their fingertips, and the internet has made it possible.

  2. Most of the startups are launching their businesses through digital platforms so that companies don’t have to promote their product and services door to door, spend time and money in time-consuming activities.

  3. The government has also started the initiative of a “Digital India” program and encouraged to become a digitally empowered society.

  4. Colleges understand the importance of digital marketing course and encouraging candidates to take online training and have practical exposure to corporate projects.

Below are some of the Digital Marketing trends which will help you to thrive in this age of innovation.

Artificial Intelligence

Artificial Intelligence is a technology that has created an impact on how users interact and are affected by the Internet. It has great potential to change the way humans interact in the digital world. AI has changed the way a person works and brings a big difference in our everyday life.

“AI traditionally refers to an artificial creation of human-like intelligence that can learn, reason, plan, perceive, or process natural language”.

Uses of Artificial Intelligence
Email FilteringAll the email services use AI through which users can diagnose their spam filters by marking it as “SPAM”.
PersonalizationThe online services like Amazon, Netflix, etc. use AI through which it stores the data of users “search” and then recommends features or offers according to their previous search.
Fraud detectionFraud activities can be detected with the help of AI using a particular type of Algorithm. For example- any type of unexpected activity monitored in your account transaction then AI diagnoses it and helps to rectify the same.
Speech RecognitionApplications uses AI to optimize speech recognition function. For example- Amazon-” Alexa”, Apple’s “Siri”.

Programmatic Advertising

It is an automated buying and selling of online advertising platforms that can grow the inventory and database so that any channel can be accessed programmatically. This platform can use real-time data to identify the online target audience for any type of campaign.

According to eMarketer– “Programmatic advertising contributed US$25.48 billion to the digital advertising market in 2016, up from $17.5 billion in 2015. By 2020, it is projected to reach US$45.72 billion, meaning the industry will have grown more than two and a half times over just four years.”

Working of Programmatic Advertising:

Step 1

The user clicks on the webpage

Step 2

Putting the add impression by the publisher of the page for bidding

Step 3

The Advertiser who bids at the higher rate wins the chance to display their add

Step 4

Delivery of the advertisement to the customer is done

Step 5

Conversion of the advertisement to sales and profit takes place

Chatbots

With the help of chatbots, real-time messaging can be done whether it is day or night, you can be connected with your customers anytime. The main reason behind why the customers prefer chatbots as it is available 24/7, very specific, can recall your entire buying history and has lots of patience.

Example- Individuals can request a ride from Lyft via chat and the chatbots will let you know the exact location of the driver. Customers can also track the ride and make payments.

Work process of chatbots are divided into three stages

  1. Pattern matches- With the help of Artificial Intelligence Markup Language (AIML) chatbots use pattern matches to cluster/group the text to produce responses for the users.

  2. Natural Language Understanding (NLU)- It has three basic concepts:

    • Entities- Represents idea to the chatbots

    • Context-The context is the inquiry system which is stored to recall it whenever it is used

    • Expectation-This is what chatbots must fulfill for the users when they send an inquiry, With a single command multiple options should be opened up for the better exploration of users

  3. Natural Language Processing (NLP)- It is used to convert a user’s speech/text into structured data. It has the following steps:

    • Tokenization- It breaks the raw texts into words, sentences called tokens

    • Sentiment Analysis- It is a type of data mining that measures people’s inclination through the help of NLP

    • Normalization- It is the process of transforming a text into a canonical form

    • Named Entity Recognition- It helps in the extraction of information to identify and segment the named entities

    • Dependency Parsing- It is used for recognizing a sentence and assigning a synaptic structure to it

Major Roles in Digital Marketing in 2020

  1. Digital Marketing Manager

  2. Web Developer & Web Designer

  3. SEO Executive/Manager

  4. PPC/SEM expert

  5. Content marketer

  6. UX designer

  7. Blogger

  8. Influencer

  9. Analytics Manager

  10. Digital Integrated Copywriter

Conclusion

We can say that digital marketing is the right career choice in 2020, looking at the massive growth in demand for digital marketers by the small and big companies to get digitally transformed in a short period, hence creating lots of job opportunities. To pursue your career as a digital marketer, you need the knowledge of how the internet works, and have a creative and analytical mind. As the industry evolves, there is always a scope of learning new things irrespective of your educational background by receiving knowledge and training from the industry experts. This blog explains the three major trends of Digital Marketing and its future of innovations in the upcoming time that will become the backbone of every company in this world.

    Select your Course: *

    Low-CodeUI/UXJava.NETPythonRPASeleniumDigital MarketingSales and Marketing

      Select your Course: *

      Low-CodeUI/UXJava.NETPythonRPASeleniumDigital MarketingSales and Marketing

      SUGGESTED BLOGS

      2020-09-24T16:01:11+05:30

      Leave A Comment

      Go to Top