The world of digital advertising is an ever expanding and evolving creature as marketers continue to learn about what people what, how to bring them what they want, and when. With the rise in trends like the use of social media and influencers to advertise a brand, as well as social listening to bring personalized advertising to consumers it’s amazing to think of where the world of advertising will go next. This week we have been asked to discuss our predictions, specifically three, regarding technology, trends, or strategies in the world of digital advertising that we think will take off or grow in the next five years. Let’s look into the future and take a peek at what the new age of advertising might be like.

AI: Artificial Intelligence
Artificial Intelligence (AI) is honestly something that scares me a bit. With all the media there is out there regarding AI going rogue and wiping out humanity I can’t help but be a little frighten. It does seem that digital advertisers are going to be embracing AI in the near future. AI can easily analyze data from numerous sources at once giving advertisers a leg up on know how and where consumers find the products and services they need. One way we currently use AI is through chat-bots which use natural language processing software to read and respond to customer inquires as if they were talking to real person. According an article (linked below) MasterCard currently has a Facebook Messenger AI chat-bot is uses in this way which can even take customer payments. How does adopting AI affect a company positively? Well it allows for a company to cut staffing costs and grow larger. If their competitors are having to staff positions to do the things the AI can do it give them the leg up. That usually how the movies start though, the AI comes in and takes all the human jobs away so hopefully the advancements won’t destroy the job market.
It Gets Personal
Personalization has already become a huge marketing tactic used by brands all over the world and it’s only going to get more widely used. Of course we all know that companies like Netflix and Amazon can cater to your every whim by using things you’ve already bought, watched, or looked at, and suggest similar items or shows. According to this article it’s already more widespread with companies like Cadbury and Starbucks using social media information, past purchases, and location to better meet the needs and wants of their customers. I think with the rise of AI comes a rise in personalization and it won’t be long until we see grocery and drug stores using personalize recommendations via apps that use your prior purchase data to create shopping lists automatically. Even though AI scares me a bit I am definitely among those who enjoy a personalize advertising experience, even though sometimes it can be creepy when I talk to someone about a product and them 5 minutes later I see an ad for it on Facebook. I’ve accepted that this is the way of the world now.
Influencers Are The New Celebrities
When I was younger celebrity endorsements were all the rage and I remember seeing commercials for work out machines with the likes of Chuck Norris. Now instead of celebrities, influencers are used to advertise products and services. In a similar fashion both celebrities and influencers have large built in consumer followings that can be easily marketed to. The biggest difference I find is that influencers have the opportunity to take a more genuine approach as many people thinks of these influencers as a friend and thus product recommendations feel more real. According to the article, once again linked below, “63% of consumers trust influencers’ opinions of products much more than what brands say about themselves,” and “58% of people have bought a new product in the past six months because of an influencer’s recommendation.” I personally know I have purchased items that have been recommended by influencers I follow and while the platforms of YouTube and Instagram are popular I’ve seen Snapchat and even TicTok used for marketing now. Whatever the new hot platform is you can bet that anyone with a large following will be used to market to their audience, it only makes sense.
So those are my three predictions of how marketing will continue to grow in the next five years or so. I’ll have to come back in five or so years and see if I was right. If you want to comment and let me know what you think regarding my predictions or if you have any predictions of your own I’d love to hear them. In the meantime, remember: be weary of artificial intelligence, no matter how convenient it might be!
References:
Dave, N. D. N. (2019, December 7). 42 Digital Marketing Trends You Can’t Ignore in 2020. Retrieved February 11, 2020, from https://www.singlegrain.com/digital-marketing/digital-marketing-trends-2020/







