sees a positive shift in marketing having an impact
on the sales department. “What I see in my role is
creating more of a connected sales and marketing
organization. That can only be good.”
Marketing technology (martech) has
seen a huge growth in recent years.
Between 2019 and 2020, marketing
technology tools saw the fastest growth
of all technologies at over 25 percent,
followed by management solutions at 15
percent (according to Statista).
As an industry worth nearly $345 billion
worldwide⁵, martech is a sector that keeps
growing due to the demand from businesses
wanting to find ever easier and more effective
ways to attract and retain customers.
Gartner’s ‘The State of Marketing Budgets 2021’6
found that CMOs are recognizing that martech
growth by allocating over 72 percent of their
budgets to pure digital channels. This includes
websites, email marketing, digital ads, and social
media marketing.
With so many technologies to improve marketing
performance, which ones will make an impact
when it comes to engagement and brand
awareness?
Let’s look at three of the most important for the
future and their impact on digital skills.
1. The Metaverse Will Change Things
It’s no coincidence that Facebook’s parent
company decided to reinvent itself as Meta. The
goal of the rebrand according to its CEO, Mark
Zuckerberg is to reflect its focus on the metaverse
- an immersive, online world where people are
represented by avatars.
This virtual world uses holograms, augmented and
virtual reality along with video, and already has
millions of users inhabiting these spaces through
games like Fortnite, Minecraft, and Roblox.
Brands have tapped into the popularity of these
immersive games, particularly amongst the
Millennial, Gen X, and even Gen Alpha markets
through personalized and creative advertising.
A collaboration between Fortnite and the
‘Jumpman’ for Nike’s Air Jordan saw players
exchange their V-bucks for two outfits called
Clutch and Grind wearing red versions of the
famous Air Jordan sneakers. Roblox launched
Digital Marketing Technologies
8
Mean Percentage of Budget Shown
72.2% Pure Digital Channels
Marketing Budget Allocation Marketing Channels
n = 384 marketing leaders. Excludes don’t knows Q. How is your total marketing expense budget for the current fiscal year being allocated to or spent on each of the following marketing channels? Source: Gartner CMO Spend Survey 2021
Offline Ads
Offline ads
11.3%
Partner / Affiliate
Partner 9.4%
Events
Events 8.4%
Earned Digital
Social 11.3%
SEO 10.5%
Paid Digital
Digital Ads
11.2%
Search Ads 9.7%
Owned Digital
Website 10.1%
Email 9.7%
Mobile 9.7%
digitalmarketinginstitute.com
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‘Vans world’ with skateboard brand Vans to allow
players to try out new tricks in return for virtual points
to spend on their avatar. The skate park has seen
over 48 million visitors7 at the end of 2021.
What the metaverse offers marketers is a new
domain to engage and promote to prospects. Just
think of how the real estate industry could use the
metaverse to host virtual viewings or the automotive
industry could put on car shows to offer people an
immersive experience of their newest model.
However, Adara Bowen, CP of Growth at the
American Marketing Association warns it’s best
to always keep the customer in mind when you
delve into new technologies. “In the midst of getting
excited about a new technology or you’re trying to
figure out how to get into the metaverse, have you
lost sight of the customer?”
Digital skills required: SEO, content and social media
“If you’re looking at the death of the third-party
cookie, then the two streams of a marketing
and technology strategy should be tightly
interlinked,” says Brian Lavery, Manager of
Performance X at Google.
digitalmarketinginstitute.com
Digital Marketing Skills
11
You’ve learned about the developments facing the
marketing industry, and the most important digital
technologies. But neither of these alone will realize
success for a company unless they have the skills
available to use them effectively.
Across countries and industries, companies are
looking for digital talent. They want to fill the skills
gaps in their companies in order to succeed in an
online world. There are many ways to engage and
convert customers, but it’s about choosing the right
strategies and channels that will work for a product
or service.
Let’s look at four important developments in the
digital marketing skills and job sector to see what’s
next.
1. The Great Resignation Will Create
Skill Gaps
In a phenomenon known as ‘The Great Resignation’,
the U.S Bureau of Labor Statistics8 reported that
between April and November 2021 more than 24
million Americans left their jobs - an all-time high.
There were also 10.6 million job openings and 6.9
million unemployed people in November 2021.
After digging through workplace and Glassdoor
review data, a team at MIT9 discovered that ‘The
Great Resignation’ is not just about pay, but a
multitude of factors.
Ɉ Job insecurity and company restructure
Ɉ A toxic workplace culture
Ɉ Lack of recognition around job performance
Ɉ A poor response to the coronavirus pandemic
Ɉ Workers needing to drive innovation
This research shows that a person’s decision to work
and stay with a company is down to a lot more than
salary.
They want to feel valued and part of a company,
rather than just a number. Interestingly, while
innovation is what brands strive to accomplish, many
employees can find it daunting and feel that a lot of
the work required to succeed is down to them.
“There’s an interesting trend emerging where people
have changed careers and resigned from their jobs.
What does that mean for potential skills gaps? How
do you retain people and make sure that they have
a purpose?” asks Mischa McInerney, Director
of Marketing at DMI.
The answer may lie in a new type of employee
engagement. Many people that chose to resign
were in the mid-stages of their career—a 20 percent
increase—with the technology and healthcare
industries experiencing high turnover rates. Both
of these cohorts dealt with high workloads due to
the pandemic and may have seen more cases of
burnout.
This mass exodus will leave key digital marketing
skills gaps in organizations that will impact the
bottom line. What’s the answer?
Examine and quantify the reasons people are
quitting. By understanding their motivation to leave
you can develop targeted interventions and tailored
retention programs. Could performance reviews help
identify issues earlier? Would a personalized training
program help in upskilling and retention?
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2. Who is the Ultimate Marketer:
Generalist or Specialist?
This question has been raised many times over
the past few years, particularly as digital channels
and technologies have become more popular
and integral to business success. As a marketing
professional, is it best to have generalist and
all-round skills or become a specialist in a certain
discipline?
There’s no simple answer. In many cases, the
decision is up to the individual and depends
on the roles that are of interest and the goals
someone has in their career. However, members
of our GIAC believe that a balance needs to be
found between the two extremes.
“We teach marketers to have a very broad
generalist set of skills, and historically we’ve
taught digital people to be absolute subject
matter experts. Those two have got to
meet somewhere in the middle for digital
transformations to actually succeed,” says
Andrew Mortimer, Managing Partner at Aperto
Partnership.
What marketers need to be wary of is being too
complacent when it comes to digital marketing.
New skills and knowledge are required
to compete for consumer attention in an
increasingly busy space and some marketers are
slow to catch up.
Frank Hattan, Global Head of Sales, Intertrust
says: “There are a whole bunch of marketeers
out there that are still (working) in the ‘90s that
you can’t forget to bring them into the present
and educate them that the world is changing
really quickly.”
It’s not necessarily about specialization, but skills.
Marketers and businesses need to look at the
capabilities they want to have in the digital space
and find talent that can help them to achieve that,
whether it’s a digital marketer with a range of
skills or a specialist in Artificial Intelligence, SEO,
or content marketing.
“We teach marketers to have a very broad
generalist set of skills, and historically we’ve
taught digital people to be absolute subject
matter experts. Those two have go to
m et somewhere in the mi dle for digital
transformations to actually su c ed,” says
Andrew Mortimer, Managing Partner at
Aperto Partnership.
digitalmarketinginstitute.com
3. Soft Skills are More Important
While specialized digital skills can help
distinguish a digital marketer, employers today
are looking for something extra. What many
brands want is marketers with innate ability or
experience and knowledge cultivated over years
of working in the industry. These qualities are
known as soft skills.
“Soft skills keep rising to the top as the most
important skills. So, whether you need to
influence internally and have the soft skills for
that, or try to help marketers remember that
there’s a human being
Examples of soft skills that companies are now
looking for in a hire include:
Ɉ Intuition
Ɉ Creativity
Ɉ Persuasion
Ɉ Curiosity
Ɉ Analysis
Ɉ Adaptability
“I think that some of those soft skills are why
you’re doing what you’re doing. What are you
trying to accomplish? Is this making sense for
the business? I think that’s important. And that’s
the thing I find often gets lost,” states Bowen.
Upskilling is Crucial
It’s obvious that there’s a huge amount of
change in the digital marketing space, and
keeping up with it is going to be crucial for
marketers that want to succeed. As the need
to be digital has accelerated, companies need
to provide training support to ensure that
employees have the skills they need.
Andrew Mortimer, Managing Partner at Aperto
Partnership believes that it’s about companies
knowing how to manage change in digital that
doesn’t just focus on technology. “There’s
a McKinsey statistic that 7 out of 10 digital
transformations fail. So, if you want to be in the 3
out of 10 that’s succeeding, how are we training
marketers? Because marketers should be driving
a lot of this to lead change this transformation.”
Andrew Mortimer, Managing Partner at
pe to Partnership believes th t it’s about
companies knowing how to manage change
in digital that d esn’t just focus on technology.
“There’s a McKinsey statistic that 7 out of 10
digital transforma ions fail. So, if you want to
be in the 3 out of 10 that’s s cceeding, how
are we training marketers? Becaus marketers
should be driving a lot of this to lead change
this transformation.”
TOP SKILLS GAPS IN THIS COMPETENCY
ɉ Digital Strategy ɉ Omniture ɉ Link Building ɉ Search Advertising ɉ Off-Page SEO
13
at the center?” states
Adara Bowen, VP of Growth at the American
Marketing Association.
14
New LinkedIn research10 based on their
job listings discovered that in 2021, digital
marketing and social media jobs are trending.
Half of the top 10 jobs posted on the platform
are in the digital or media space with the top
skills being social media, search, and SEO.
It also found that as demand for digital
marketing has increased, skills in search
advertising, off-page SEO, digital strategy,
omniture, and link building will help marketers
stand out.
Managers also need training when it comes
to managing digital marketing professionals.
Brian Lavery, Manager of Performance X
at Google says that it’s a different type of
toolkit for a manager to run a team and track
performance. “It’s a very different mindset
and a different set of skills. It’s almost like the
manager’s transition, if you haven’t managed
an all-digital team before and then you move
over in that space, how do you get used to
the roles and numbers you need to get up to
speed with?”
For companies looking to keep ahead of the
curve, it’s key to look at your planned or future
digital marketing activities and see what skills
you require—and that includes management.
If you don’t have the skills in-house, look at
offering training that can fill the gaps to upskill
and empower your workforce.
digitalmarketinginstitute.com
Advertising
Social Media
Digital Marketing
Relative supply to demand index*
Skill Supply & Demand in NAMER
*weighted supply to demand ratio of skills - supply is the number of members with a skill, demand is based off the number of hires of members with that skill in the time period between 2020-05 and 2021-05. Furthermore, only full-time positions are considered.
The great mismatch surfaces in the ‘Digital Marketing’ skills
Data Science
Graphic Design
Product Marketing
Corporate Communications
Sales Operations
Web Development
Writing
Conclusion: It’s about Digital Marketing Skills & Training
As an industry, digital marketing is constantly
moving. New developments and technologies
mean that brands need to adapt quickly
to harness the power of digital to engage
prospects, drive leads, and boost revenue.
Customers are now even more comfortable
operating in an online space and want to
understand the ethos and meaning behind a
brand. Transparency is crucial and companies
need to create a synergy between what their
consumers care about and what their product
or service offers to stay competitive.
Not only that, but customers want a lot
more from their journey. It needs to be
seamless across multiple touchpoints with
the opportunity to purchase where they feel
comfortable, whether that’s through a social
media app, website, refrigerator, or chatbot.
This evolving customer-led landscape puts
more demand on companies to have the digital
skills required to devise strategies and execute
campaigns. It’s up to companies to sit back,
analyze and figure out what skills they require
to move forward in this new world.
Does your team need a PPC specialist, a
social media marketing guru, an SEO nerd
or is a skilled email marketer now crucial in
the absence of third-party cookies? Will a
marketing generalist or specialist be a better fit
in the company for what’s required?
Whichever route a brand takes, the competition
for digital marketing talent is fierce. And that’s
great news for marketers that take the time to
learn new skills and hone existing ones. In 2022
and beyond, it will be about keeping up with
the developments and trends that matter to
businesses and consumers.
Ultimately, there’s no getting away from the fact
that new skills are always required to compete.
Plus, the pace of change means that existing
knowledge can become redundant quickly. To
ensure continued success, the industry needs
to actively seek out skilled digital marketers
and offer relevant and cutting-edge training to
existing marketers and managers to fill any skill
gaps.
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Appendix
1. ‘The Internet and the Pandemic’, Pew Research Center
2. ‘The State of Consumer Behavior 2021’, Raydiant
3. ‘The top trends in tech’, McKinsey & Company
4. ‘38 Account-Based Marketing Stats to Know in 2021’, Hubspot
5. ‘Global Martech Industry Worth $344.8bn in 2021’, Martech Alliance
6. ‘The State of Marketing Budgets 2021’, Gartner
7. ‘Brands No Longer See Metaverse-Like Worlds as Abstract Gimmicks’, The Wall Street Journal
8. ‘Job Openings and Labor Turnover Survey’, U.S Bureau of Labor Statistics
9. ‘Toxic Culture Is Driving the Great Resignation’, MIT Sloan Management Review
10. ‘The Most Valuable Digital Marketing Skills to Have on Your LinkedIn Profile This Year’, Tequia Burt, Editor in Chief, LinkedIn Marketing Solutions Blog
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Posted Apr 27, 2024
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