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Social is now a fixture in the customerjourney and has a direct impact on purchasing decisions. As social platforms increase their investments in commerce solutions, businesses are following suit—86% of executives say social commerce is a growing part of their marketing-driven revenue plan. TravisKauth) May 6, 2021.
Martech) Digital marketing accounts for nearly 60% of marketing spending, as per the AMA’s 2021 CMO survey. Martech) The US Bureau of Labor Statistics forecasts a 10% annual increase in employment for marketing managers over the next eight years. SmartInsights) Leading marketers are 1.6 billion by 2026.
This means getting close to the patterns of the customerjourney , rather than following each customer’sjourney – Digital Marketing Institute. The automatic next question becomes – How do we build progressive customer profiles that drive growth? When are customers leaving? – Forbes.
There’s a universal truth behind the rise of conversationalmarketing: People miss talking to other people. And that includes your customers. Some 70% of people agree they expect conversational experiences from brands. And lackluster customer service experiences lead 50% of consumers to switch to a competitor.
Based on the event conversation, marketing consultants and marketing agencies are dealing with educating clients on the proper use of ChatGPT or AI. Basically, it is a great resource for inspiration and moving market research forward by organizing overview work and easily conducting competitive analysis.
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