Blog, Resources, Webinars

Next-Gen Commerce: Winning with Content in 2024


WHAT WE LEARNT

🔍 UGC & Authenticity: 62% of consumers trust UGC most, showcasing the importance of real, authentic content for brand loyalty.

🤖 AI’s Impact: A third of organisations quickly adopted AI, demonstrating its role in enhancing customer experiences and marketing personalisation.

💡 AI Transparency: 94% of consumers demand clarity on AI use, highlighting the need for ethical practices and transparency.

💰 AI Investment: With 40% of businesses increasing their AI investments in 2024, integrating AI into marketing strategies is crucial.

🌐 Strategic Platforms: Leveraging the right platforms and technologies is key to effectively connecting with your audience.

🎥 Authentic Narratives: UGC showcases your brand’s diversity and authenticity, making marketing more impactful.

 

In our recent exploration into the evolving world of commerce, our “Next Gen Commerce: Winning with Content in 2024” webinar provided invaluable insights into how brands can navigate the intricate balance between authenticity and AI. Here’s a deeper dive into the specific discussions and key statistics shared during the session, underscoring the future direction of marketing strategies.

 

EMBRACING AUTHENTICITY THROUGH UGC

One of the standout revelations from the webinar was the powerful impact of UGC on consumer trust. With 62% of consumers finding UGC to be the most authentic form of content, the webinar emphasised its unparalleled ability to foster genuine connections between brands and their audiences. This statistic underscores the critical need for brands to integrate UGC into their marketing strategies, leveraging real customer voices to build credibility and engagement.

 

AI’S ROLE IN REDEFINING PERSONALISATION

During the webinar, we delved into the revolutionary role AI is playing in marketing, especially in personalising customer experiences. Highlighting a significant trend, it was noted that one-third of all organisations have swiftly adopted generative AI technologies within their operations, illustrating the rapid integration and potential of AI in enhancing customer engagement. Furthermore, with 40% of businesses set to increase their AI investment in 2024, the commitment to leveraging AI for deep, personalised customer interactions was clear. The discussion also touched on the strategic shift towards AI investments, with a focus on how 40% of businesses are gearing up to heighten their engagement with AI technologies in the upcoming year. This pivot reflects a broader acknowledgement of AI’s capacity to unlock new levels of efficiency and customisation in marketing, from content creation to consumer insights.

 

THE NEED FOR TRANSPARENCY IN AI USE

A critical takeaway from the webinar was the call for transparency and ethical considerations in AI usage, highlighted by the 94% of consumers demanding clearer regulations and openness around AI in marketing. This discussion pointed to the necessity for brands to be forthright about their AI practices, ensuring that the deployment of AI technologies aligns with ethical standards and fosters trust with consumers.

 

BALANCING AI ADVANCEMENTS WITH HUMAN CONNECTION

The “Next Gen Commerce: Winning with Content in 2024” webinar showcased the path forward with AI and UGC but also sparked a conversation on the ethical dimensions of these technologies. As brands look to the future, the insights shared offer a roadmap for harnessing the power of AI whilst maintaining brand authenticity, ensuring that technological advancements enhance rather than deminish the human elements of marketing.

As we step into the future, these insights will undoubtedly shape the strategies of brands aiming to thrive in the ever-evolving digital marketplace.

 

WANT MORE? SEE OUR RELATED ITEMS

📗 Content Trends Report here

🤝 Previous Webinar on Community Commerce here