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Transcript

The Future of Marketing

by Georgina Eastabrook

Overview

Overview

  • Introduction to me
  • Major Project
  • Exploration of Four Future Marketing Trends
  • My Career Progression

Introduction

To Me

Introduction To Me

Major Project

Major Project Report

The second part of my major project was a 7,000 word report.

  • What was my report based on?
  • Why did i choose this subject?
  • What were the key findings of the report?
  • How will i use my major project for my own career progression and future in the industry?

Future Marketing Trends

Trend One - AI Technology

AI (artificial intelligence) technology - 'the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings’ (Britanica, n.d.).

  • What can AI technology be used for?
  • Where does the future look for AI copywriting technology in marketing?

Trend One - AI Technology

Cons of AI Technology

  • Quality and plagiarism concerns
  • Lack of creativity and personalisation
  • Human editing is still required
  • It can't come up with new ideas

Pro's of AI Technology

  • Efficient and scalable
  • Cost Effective
  • Improves SEO
  • It can overcome writer's block

  • How will marketers benefit from AI technology?
  • What will the drawbacks of AI copywriting technology be for marketers?
  • What recommendations would i make for marketing practitioners?

Trend Two - Social Commerce

'Globally, the social-commerce market is expected to grow to more than $2 trillion by 2025’ (Becdach et al, 2022).

  • How will social commerce affect the future of marketing?
  • How will social commerce benefit the future of marketing?
  • Are there any potential drawbacks of social commerce for marketers?
  • What recommendations would i make for marketing practitioners?

‘Younger customers have grown up in a world dominated by ads desperate to influence their purchasing decisions. Despite this, they organically turn to people they trust - family, friends, communities and even authentic influencers they follow - for recommendations and inspiration. They want to feel inspired, informed and confident in their purchases. Social commerce caters to those needs, providing a shopping experience that encourages discovery and personalisation to build authentic connections between consumers and the brands they interact with’ (Lammertink, 2022, under ‘The Rise of Social Commerce’).

Trend Three - Micro-Moments

A micro-moment is a term, first coined by Google in 2015, used to describe ‘the multitude of fragmented interactions consumers have with their mobile devices throughout the day’ (Lewis, 2017, para. 4)

Trend Three - Micro Moments

  • How will micro-moments affect the future of marketing and benefit marketers?
  • What drawbacks from micro-moments could there be for marketers?
  • What recommendations would I make for marketing practitioners?

Trend Four - UGC (user generated content)

User generated content is ‘original, brand-specific content created by customers and published on social media or other channels’ (Bevridge, 2022).

  • Why has UGC become so popular?
  • How will the rise in UGC benefit marketing practitioners?
  • Are there any drawbacks of UGC for marketers?
  • What recommendations would I make for marketing practitioners?

Career Progression

Career Progression

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