After the United States and China, India has emerged as the third-largest startup ecosystem, with a record of 44 startups becoming unicorns in recent years. It has the world’s third-largest population of unicorns and gazelles. This year, India has produced more cheetahs and gazelles than unicorns. According to the ASK Private Wealth Hurun India Future Unicorn Index 2022, India is placed third in the world in terms of the number of unicorns listed in the ranking, with 84 unicorns. The combined wealth of the Indian unicorn and gazelle listers on the IIFL Wealth Hurun India Rich List 2022 climbed by 35% to 3.14 lakh crore.
If you are a startup, you should be aware that the marketing landscape is always evolving. It is not only about how you are marketing your goods or services but also how you are going to endure this transition. Marketing has altered dramatically during the previous decade. Digital marketing has been evolving since the 2020s. The industry is moving toward a more personalized, relationship-based approach. This trend is expected to continue. Marketers’ strategies have had to change because of the arrival of digital marketing and social media. Now, with the rise of artificial intelligence and machine learning, we have even more changes to deal with.
It is more vital than ever for startups to build a distinctive brand identity in today’s competitive business world. A strong brand may help a startup stand out from the crowd, develop consumer trust and loyalty, and attract investment. Creating a clear and consistent branding strategy from the start can provide a firm with a significant market edge. By creating a strong brand identity, entrepreneurs can express their unique value proposition to clients and lay the groundwork for long-term success.
Thanks to all the data-rich tech tools in your Marcom stack, you can deliver substantial personalization. That’s good because customers expect brands to treat them as individuals. However, this does not imply that you must designate one team member to tailor emails or handwrite notes. Personalization is possible with all the technology. For example, simply adding a customer’s name might make an SMS, DM, or email sound less salesy and more personal. Another way to personalize all your communications is to use the customer’s previous purchases. Amazon and other e-commerce sites excel at this level of customization. The corporation can encourage future similar purchases by referring to what a shopper has purchased in the past.
Use a Storefront Grid:
The human brain needs order, and online shopping is no exception. Customers desire patterns. Logic. a straightforward method for successfully digesting information about your items. So, with a clear, structured online storefront, you can assist your clients in finding what they want quickly. Your store has the appropriate display arrangement for your products, much like brick-and-mortar retailers arrange long coats on racks and t-shirts on shelves. The perfect storefront layout may do wonders for your products, big or little, horizontal, or vertical.
Content marketing based on SEO:
SEO appears to be a marketing concept that will never go out of style. Plan to refresh and revise your previous material in 2023 using modern keywords. Keywords that were formerly relevant may no longer be relevant, especially if they used out-of-date vocabulary. It’s worthwhile to update all material with SEO-rich keywords, beginning with the most popular blogs, articles, and so on. Consider the phrases that your consumers use during their searches as a special SEO tip. Many marketing specialists currently propose that your SEO incorporate keywords in the form of questions. As a result, when a consumer enters the question, your information will appear relevant to the search engine.
Present Your Finest Products:
Customers that come to your business fall into two categories: those who know exactly what they want and those who don’t. When a consumer visits your website for the first time, it may take them a moment to figure out where to begin shopping, especially if you have many product categories. Make it easy by displaying your best-selling products on your homepage.
Obviously, you must keep your marketing campaigns running until 2023 and beyond. The difficulty is determining which strategies make the most sense right now. Your startup’s survival is dependent on marketing. If you ceased marketing tomorrow, your brand’s image would suffer. The flow of leads would slow to a trickle. Your employees would be stressed and less engaged. Furthermore, your existing customers would not receive the service they deserve.
(Views expressed are personal. ‘Think Through’ features perspectives of authors or entities that are not curated or edited by MediaNews4u.com. Content may be sponsored by the contributing organisations.)