The Evolution of Digital Marketing - How consumers use technology and how it impacts their lives.
The Evolution of Digital Marketing
Presentation:
Video presentation: https://www.youtube.com/watch?v=3eyxp67T_LQ&t=2s
Video Notes:
1. Greet the audience/ Introduce myself etc.
2. Intro:
- Over the past 50 years - technology has become a key element to peoples lives.
- Half the global population are on the internet - more people than ever before.
- Internet has transformed business, education, government, healthcare and how we interact with one another - KEY driver of social evolution.
- Development of smart phones and devices means people can connect more rapidly and frequently.
3. Access to the internet:
- In the 1960s - internet used by US government to transfer data.
- 1990s - World Wide Web Introduced
- 1999 - 255 million internet users
- 2006 - 1 billion internet users, rising to 3.4 billion in 2016
- Improvements in VOIP - opportunity to offer cheap communication services - number of broadband subscribers increased - 0.82 to 13.76 per 100 people in 17 years
- 2017, UK household 7.4 connected devices. - Greater demand for swift connection speeds.
4. Digi. Devices:
- 2020, 5.19 billion own mobile device, 66.69% of population - rise from 53% in 2017.
- This increase has led to 53% of all web page requests now coming from a mobile phone. - mobile phones account for half the time spent online.
- Desktops still account for 44% of all web page requests.
- Even though mobile phones more prominent, many people use a variety of devices to go online.
5. Searching
- 89% of consumers begin searching with a search engine.
- 53% of social browsers research products on social media
- Research, Entertainment, shopping.
- 2019, customers of ages 16-64 spent $620.01billion online on fashion/beauty.
6. Online Vid:
- Internet users also spend a lot of time online videos and VLOGs. This is due to the introduction of smart devices which allow easily online access.
- In 2019, 90% of internet users between ages 16-64 watch online videos. This has increases form the development of smart TVs and greater streaming channels.
7. Consumer trends
- Consumers are now using mobile phones more regularly to access the internet - increase between 2012 and 2017.
- Computers used to be the majority, slowly declining between 2012 and 2017.
- Rise of social media - consumers using the internet for a variety of different activities.
- 42% keep in touch with friends
- 29% research/ buy products - this in itself shows how consumer search habits have changed.
- Business change the way they advertise, more on online marketing rather than traditional.
8. Summary
- Expansion of technology and internet has dramatically changed our lives.
- More connected than ever before
- Our reliance on the ever changing technology will enable the future expansion of our lives and businesses.
- Expansion will enable more parts of the world access to internet, however, greater competition between companies and competitions, leading to a greater spend on online advertising.
- We know technology and the internet will now be in our lives forever, therefore as the demand increases, we need to learn to adapt.
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