Wednesday 16 October 2019

Summer 2019 - Online Marketing Statistics

The 2019 summer is already proving to be a fascinating period in the world of web marketing statistics. Or at least, fascinating if you are keeping up with the major topics like artificial intelligence, influencer marketing and the power of online video.

So here is a short summary of just a few revealing statistics from the past weeks that attracted our attention.

AI marketing is set to explode by 2022

A recent study by Forbes Insights and Quantcast suggests that online markets worldwide are planning significant investments in AI over the next few years. More specifically, around 535 of web marketers have the intention to spend more on AI in the next 4 years, while 17% intend to invest heavily in AI. More than half of those studied declared they had personally observed improvements to customer retention since introducing AI. Particularly when it comes to customer service, AI is dramatically transforming the way businesses improve their online user experience.



More children than ever before want to be influencers
The social media influencer as an idea didn’t even exist a few years ago. Nowadays, a study by Awin suggests that nearly 70% of children between 11 and 16 have aspirations to become social media influencers. Additionally, 155 of children have the intention to build careers on YouTube. Both of these numbers are higher than the number of children who want to become vets or teachers. But while children are dreaming of becoming the next huge social media success, nearly half of the parents involved in the survey had no idea what a social media influencer is all about or how it works.

Blue Monday appears to drive strong online retail sales

Online retailers seem to have taken full advantage of the most depressing day of the year – January 21. Turning to online shopping as a distraction from the gloom elsewhere, EmpathyBroker reported a noticeable increase in shopping-based online searched compared to a typical Monday. This amounted to around 30% heavier shopping traffic than the typical for a less-depressing Monday at any other time.

YouTube’s revenues from ads are still on the up

As every year, YouTube has once again achieved some impressive revenue growth – an 11% increase in 2018 compared to the previous year. Media and entertainment brands contributed in excess of 30% to YouTube’s advertising revenues.

Video reviews are preferred to textual write-ups

Lastly, a recent study by Small Business Trends confirmed the potential influence and value of quality video marketing. In this case, the study revealed that nearly four times more people prefer watching a video review of a product that simply reading about it. Along with the simplicity to deal with compared to block after block of text, a video review can help build a deeper connection with the viewer and can deliver much more detailed visual product information.

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