What is likely to happen in 2009?

Many of the trends likely to have an impact in 2009 have already started, but what are our predictions for some of the key developments this coming year?

1) The economic slowdown focuses attention online: there is little doubt that the economic impact of the ‘credit crunch’ in 2008 will have a significant impact on business in 2009, particularly in the US and Europe. Progressive companies will still need to maintain and grow their business in the face of any downturn and therefore even if marketing spend is cut back, the focus on online marketing will be greater, due to the measurability and proven cost-effectiveness of this form of advertising for many businesses. Search advertising will still see an overall growth in spend and market share of online advertising and despite some companies withdrawing from this sector, many others will put more spend into this targeted advertising to support their business.

2) Analytics becomes more mainstream: partly because of the widespread uptake of Google’s free Analytics tool and partly because of the greater need for advertising spend to be effective in 2009, the use of website statistics or analytics is expected to become more common, even for small companies. However, the interpretation of the data and the way that understanding can be used will still be the most important aspect of this trend, but companies can now access much better data on their online activities which in turn can help to improve their website and marketing strategy to get the most from their online spend.

3) Yahoo won’t survive in its current form: it seems inevitable that Yahoo’s ongoing saga that was the source of much news coverage in 2008 will come to some sort of conclusion in 2009. Whether this is with Microsoft eventually coming back on the scene and buying Yahoo’s search business, or some other form of takeover by another leading online brand, it’s likely that Yahoo won’t be able to survive the next 12 months in their current form, despite ‘ or maybe because of ‘ the change in their CEO. It would be a shame for Yahoo to lose more search market share, as Google needs a stronger competitor, but with the economic problems in the US, it’s hard to see Yahoo surviving much longer as a key player and we can expect more developments here sooner rather than later.

4) Video becomes the new marketing tool: as mentioned above, with the growth and impact of ‘universal’ search, video is now playing a more visible role within search and in 2009 this is likely to see a bigger impact in the business sector. Companies need to think about ways they can effectively use video to drive traffic and new business to their website, as it is becoming a more widespread medium and one that can play a bigger role within search and advertising channels. The ‘optimisation’ of video will be as important as the production if the effort of creating videos is to reap the rewards expected, particularly against the massive growth of user generated video content on sites like YouTube, but the creative use and marketing of videos will become more mainstream this year.

5) Reputation management becomes a core service: we’ve covered this issue before, but with the increasing growth and focus on user-generated content sites – such as review sites, blogs and comments on social networks – the need for companies to monitor what is being said about their business and brands, and to respond effectively to that content, will become a bigger requirement in 2009 as more businesses realise the potential dangers as well as the advantages of this trend. Online reputation management will therefore become a service in much demand from PR companies and search engine marketing firms, as web content is monitored and responded to in a more effective manner.

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