The market trends show upwards or downwards movements for the companies in terms of success and allow them to analyse what works for the brand and what doesn't. This allows the brand to try and be the best that they can be. Not only can this display what is happening now but it can predict what will be successful for future references. This is the reason as to why I am looking into this to identify what has been and what will yet to be key marketing strategies to try and help this new service for Selfridges to become successful and be profitable.
http://www.marketingweek.co.uk/trends/
Marketing week shows a variety of different trends which include;
- Shopper behaviour
- Consumer behaviour
- Digital marketing trends
- Marketing channel trends
- Sector Trends
- Media trends
Marketers targeting technology shoppers can segment them based on age, gender, spending power and reasons for buying. The largest group of technology buyers look for technical specification and ease of use, making up more than 9 million people.
Within the website there are 13 Major marketing tips from 2013 that presented themselves as key.They were common trends. These included;
- The digital wallet
- The big data gets real
- Social media grows up
- Mobility matures
- Real time media buying
- Organisations lead to better identify the marketing pivot points
- QR Codes
- Reputation Magagement
- Greenwash
- Intrapeneuralism
- Metrics
- Marketers squeeze products
- Traditional media
http://www.convinceandconvert.com/social-media-strategy/three-digital-marketing-trends-for-2014-and-beyond/
This is another source that indicates what is going to be successful for 2014. This website supports the trends of;
- Real time marketing
- Creating youtility
- Empowering Employees
http://socialmediatoday.com/irfan-ahmad/2028196/internet-marketing-trends-and-tactics-2014
This was another source that I was drawn to. This focuses on the social media trends. Although i did not find these to be very beneficial, this was not a complete waste of time as I found out some interesting facts that will help me in terms of contacting my consumers
http://blog.crazyegg.com/2013/08/09/surprising-internet-trends/
This was another source that I found to be beneficial in terms of facts and figures. This chart proves why;
http://www.business2community.com/social-media/top-5-social-media-marketing-trends-2014-0724771#!zZo1w
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