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Marketing has been getting harder. Have you noticed?
I started seeing early signs of this shift about seven years ago. I watched it accelerate during the pandemic. And I see no signs it will improve in the future. In fact, I expect it to get harder. Why? It's a matter of economics. You're competing for your customers' attention — and the more content available to them, the harder it is for yours to stand out. AI and automation tools are making it easier than ever to create content, which means consumers are bombarded with as many as 10,000 messages a day. If they see your content, and that's a big if, they probably don't have time to consume it properly. You need to continually up your game to get your message across. They also have a lot of options when they're ready to buy — you could be competing with businesses anywhere on the globe. You've got to offer extraordinary value to compete. I don't see this trend slowing or reversing. In fact, I'm surprised we didn't see it coming, because it was inevitable. Since the 1990s, we've been making a slow transition from a brick-and-mortar, analog marketplace to a digital, highly technical marketplace. During the transition, competition was low. It was all but free to market online, and results were spectacular. But the moment the world became fully digital, the transition period would be over. Marketing would go back to normal. And we've hit that point. It means you've got to work twice as hard to gain a customer. And you've got to make them fall in love with you so they won't churn. It's time to reexamining everything we do. Most of the tactics we use today were developed when the internet was new. They weren't designed for the competitive, AI world we now live in. We need a new playbook. I'm working on ideas for winning in the current environment. But for now, I've put together a short guide called Gain & Retain that will explain a bit more about what I'm seeing. Click below to access it — my gift to you.
I'd love to hear your thoughts. We're in this together, you know. Stay awesome, Kathryn P.S. I've also written an article that delves into some of my thinking around this. You can read it here. |
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