Over 4.26 billion individuals throughout the world will be active social media users in 2021. By 2027, this number is expected to have risen to about 6 billion.
The success of a digital marketing campaign depends on the marketer’s ability to anticipate future trends in technology, user preferences, and the competitive landscape.
This is what they advised marketers to pay attention to, from the growing popularity of micro-videos to the advantages of fostering online communities.
As long as competing digital media platforms have flaws, TikTok will thrive.
Despite its roots as a social networking platform, TikTok has expanded its service offerings to rival those of other digital ad networks.
As a result, it is in direct competition with Google and Amazon for advertising money, as well as with Meta, Snap, and Twitter.
Many of the traditional advertising platforms are having their legitimacy called into question, and TikTok is benefiting as a result.
The Wall Street Journal reported Facebook’s $10 billion deficit in early 2022. Ad expenditure and stock prices continued to decrease for Meta throughout the year.
TikTok is poised to benefit from brand investments as Twitter and other established digital platforms continue to struggle.
TikTok also benefits from a growing user base and high levels of user interaction. TikTok’s popularity continues to grow (with over 800 million users expected by 2023), and its users are finding creative ways to put the app to use.
TikTok has been a popular hub throughout the epidemic, and not only for fun and games. As a result, TikTok has shifted from a place to waste time to a place to learn something new.
According to Pew Research, while participation on other social media platforms remains flat or declines, TikTok’s news audience continues to grow.
With the meteoric rise of TikTok, it was obvious that Instagram Reels and eventually YouTube Shorts would take off.
Short-form video seems to be getting more play on my Twitter feed, therefore it stands to reason that this will be a top consideration for marketers when making videos.
In addition, I anticipate growth in the social media buying experience, so if you haven’t already, put up a shop feed on your social network accounts and try out some ad variations.
Marketers should be paying attention to the rising trend of short-duration vertical videos across the most prominent social networks.
In 2023, if you aren’t investing heavily in vertical films that are less than 15 seconds long, you’re leaving a lot of money on the table.
When compared to other content types on the web, vertical videos have the highest organic reach and lowest production costs, making them the perfect outlet for marketers and content providers.
Focus on the platform where your target audience spends the most time online in order to expand your business or brand in 2023 with the help of social media.
The shift in emphasis is away from external proxy or vanity metrics like increased numbers of followers, reach, engagement, etc. And shifting our attention to the measures that really matter while steadily expanding our company with minimal hoopla.
TikTok, Instagram Reels, Facebook Reels, and YouTube Shorts are all great places to share the vertical short films you’ve been making. In addition, I anticipate that the emphasis on these platforms will shift away from following fads in music and fashion and towards producing material that is wholly novel.
Since many of the younger networks don’t have the reach of Twitter, brands will need to abandon the concept that simply being visible is enough. Contrast using a power washer with using a sprinkler on your grass.