Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Performance marketing-1
Tech and Marketing

What you need to know about performance marketing: its trends

28.06.2022
2 min read

Performance marketing: the promise of a promotional tool

The development of modern technology and its use in various spheres contribute to the emergence of new directions. One of them is performance marketing, which allows brands to quickly adapt their products to the changing needs of the market. The purpose of this direction is to achieve high results in a given period of time. A variety of tools, included in the overall strategy of the company, are used in this case.
In spite of the fact that the direction of performance marketing is rather new, it is popular among specialists. This approach shows how effectively an advertising campaign is going on, and demonstrates the expediency of its implementation. It makes it possible to try different ways of promotion and estimate their effectiveness. Companies can optimize their means for advertising and save budget by directing it only to the most effective channels.
Performance marketing has its own trends, which often overlap with global trends. The first is machine learning technologies, which are used for advertising. They are actively being implemented on platforms such as Google and Facebook. Automating processes to run ads makes it possible to simplify campaign management while also increasing campaign effectiveness. This way, marketers can be engaged for more complex tasks and analytics, instead of having to manually customize ads.Performance marketingThe main trend for 2021-2022 is short videos. People are not interested in watching long videos, they are ready to absorb information if it is presented in a simple and as concise form as possible. Social networks are moving to this type of interaction with users, for example, Instagram introduced Reels, YouTube – Shorts. Short videos provide an opportunity to introduce the audience to the goals of the company, the benefits of the products. They catch on, go viral, and work effectively as a promotional tool.
In the aftermath of the pandemic, the world is trending on health. The shock that we suffered forced people to pay attention to their well-being, to take care of their bodies, to exercise, to change their diet. Against this background, the demand for vitamins and nutritional supplements increased, as did the demand for psychotherapists. Interest in medtech market products has increased, making it a promising area.
The mass shift to online has caused a surge in the number of new advertisers, resulting in a significant increase in the cost of traffic. Therefore, many companies began to focus on retaining existing customers, as it is very expensive to attract new ones. Various mechanisms have appeared, the level of service and support has risen, so that trust in the business is growing.
The development of performance marketing is happening fast, there are a variety of tools to help companies grow, expand markets, and scale business. Online immersion and the emergence of metaverses are further entrenching performance trends and contributing to the inclusion of this area in the marketing strategy.

Tags: Tech and Marketing
0
Previous Post Counterparty risk: when it is important to measure its level Next Post How DoorDash food delivery service succeeded in the U.S. market

You Might Also Like

content matrix
Tech and Marketing
Content Matrix as an effective tool for promotion in social networks or through the site
18.06.2022
contextual advertising Google
Tech and Marketing
Contextual advertising: how to set up a campaign so that it brings the desired result
27.12.2022
neural networks
Tech and Marketing
Can neural networks replace copywriters: Search Logistics study
21.06.2023
Bitcoin ETF in Europe
Tech and Marketing
Bitcoin ETF becomes available in Europe: its advantages
05.12.2023
Amazon Rufus AI
Tech and Marketing
Amazon unveils Rufus AI solution for convenient shopping on the site
14.06.2024
Kubernetes
Tech and Marketing
What tasks the Kubernetes platform developed by Google solves
04.05.2022

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics