By Sara Mannix
To best predict the leading stories of 2024, we must first look at and understand what happened in 2023.
Mannix Marketing has relationships with many other digital marketing agencies. In 2023, for the first time in a decade, we saw agencies that have been in business for years simply close their doors. Web development agencies were hit especially hard. Although a number of factors contributed to this, chief among them were that the easy money policies from 2020-2022 went away. Businesses these agencies served started to demand marketing that returned results. Under the increased spotlight some agencies struggled with showing returns.
We see the need for marketing agencies to provide demonstrated proof of their value as a trend that continues into 2024. For a web design and development company, this means they need to know that their clients will no longer be satisfied with just a pretty website. Websites will have to play a vital part in generating new leads and achieving company goals.
And we have seen this firsthand. At the same time some web development agencies have been closing their doors, the demand for search engine optimization (SEO) and paid search services has increased. Why? Because SEO and paid search marketing allow a business to be found by the customer who is searching for the exact product or service they offer. As businesses tighten up their marketing budgets, they will be more focused on results-oriented marketing that is both predictable and reliable. SEO and paid search are easy to justify in a marketing budget as both are trackable to the return on ad spend.