Sunday, December 02, 2007

Top Marketing Trends for 2008

More than 600 top-level marketing executives responded to a survey designed to identify the top marketing trends of 2008.

Marketing Trends -- 2008

The three main themes that marketing executives will focus on in 2008 are as follows:

  1. marketing basics (60%)
  2. search engine optimization (SEO) (42%)
  3. personalization (36%)

Marketing basics included the following:

  • customer satisfaction
  • customer retention
  • segmentation
  • brand loyalty
  • return on investment (ROI)

The high prevalence of SEO marketing techniques reveals how valuable the Web has become as a corporate marketing tool. In addition, Web developers who possess the programming and database skills to personalize the Web experience should continue to command a premium in the current marketplace.

Marketing Executives

The executives surveyed are members of The Marketing Executives Networking Group (MENG). A summary (pdf) of the findings is available from Anderson Analytics. eMarketer provides an additional summary of the survey results.

Marketing Basics

Whether we are looking for a job, marketing our professionals services, or merely representing the organization we currently work for, we could all benefit from thinking more like a marketing executive and getting back to basics.

While 70% or the executives in the survey group have graduate degrees -- the majority of which are from top-20 business schools -- a six-figure education is not required to learn marketing basics.

The survey identified the business books most recently read by U.S. marketing executives:
How many of these books are on your reading list? Add one or more to your Holiday stocking wish list and get back to basics in 2008.

Business Books

Beantown Web will provide key highlights from these and other business books in the New Year. In the meantime, start with The World is Flat, a must read for anyone who wants to survive, if not thrive, in today's global economy.