21 Oct The Most Significant Social Media Marketing Trends for 2017
Almost three-quarters of 2016 have passed. So far in the year, there have been many changes in the social media marketing trends. New technologies invented and new features launched on every social media network.
Marketers are profoundly integrating social media marketing with their core marketing strategies. So they have to update themselves with the latest marketing trends. They have to forecast what’s going to work for them in the future.
To help you out with this regard, we are here with a projection of the most significance Social Media Marketing trends in 2017.
1. Video Content Expands its Wings
Is video eating the social media?
Yes, it is.
In fact, it is eating the internet. I’m just giving you some instances here to support the development.
Cisco VNI (Visual Networking Index) Forecast Report states that 70% of the total Consumer Traffic in 2015 was Video traffic only. There is no exaggeration in it projecting that the video traffic would be 80% of the total consumer internet traffic by 2020.
As per the 8th annual Social Media Marketing Industry Report by Michael Stelzner:
60% of the Social Marketers have used Video Content in 2015 and 73% of the total respondents were willing to use it in 2016.
To meet the expectations of the Marketers, Social Networking Sites launched new features encouraging the video content. In 2015 & 2016, Facebook has launched 3600 Video, Live Video, and Lifestage (A Video-Centric App for Teenagers). Instagram has launched 60-Second Videos & Instagram Stories. Recently, Facebook has made its users able to save videos and download/watch later when they are with a high-speed internet connection.
All these new features give ways to publish more enticing video contents on social media.
But you may think if video content really helps your marketing. The answer is an obvious YES.
Facebook, clubbed with Nielsen, projected the value of video ads on its platform. They learned that 74% of the total Ad Recall can be achieved within the first 10 seconds of the video and every day, 500 million FB users are watching videos.
In India, there is a big competition between Telcos now, for Reliance Jio has offered high-speed data services with the lowest charges ever. So, Video Content on Indian social media platforms is going to see an exponential growth.
With all this said, Video Content is undoubtedly a significant trend in 2017.
2. ChatBots for Better CRM
Customer Relation Management is the crucial element for a successful business. This is where Social Media greatly help the businesses.
We all know that social media make us closer to our customers. Chatbots can make Real-Time Engagement with the Customers.
Instant Messaging Apps like Telegram and Vine had launched bots on their platforms. Whereas the Social Networking Site, Facebook, announced Bots for Messenger Platform at its annual F8 Conference held in April 2016. So far, there are around 12000 bots created on the Messenger Platform.
You know that there must be some strong reasons behind the vast use of the chatbots.
Just take a look:
Chatbots are used in the instant messaging apps. The user count of the messaging app services is increasing drastically. Just for knowledge, Messenger & Whatsapp both have crossed 1 billion user mark and the number is increasing more.
A survey made by HeyWire Business reveals that:
- 53 % of consumers ages 18-34 said that they’d prefer to use electronic media – email, web chat, text or social – instead of the phone for customer support
- 79% are frustrated with their available customer support options
- 31 % said it was important for text to be an available support option
Just think once. Chatbots can be used efficiently to provide 24/7 services to the customers. In a way, chatbots are quicker than human beings in giving any data related answers and taking requests. Moreover, you need not hire employees for the customer service. Thus, it meets your cost effective marketing requirements.
Having this all said, Chatbots trend is not going to leave the digital marketing industry without showing its mark in 2017.
3. Mobile Matters a Lot
Smartphone and social media are the perfect combinations. The number of smartphone users has increased a lot in the past few years. As of 2016, there are more than 2 billion smartphone users in the world.
Just, for instance, Facebook has 1.57 billion mobile monthly active users, showing a 20% rise from the last year. Mobile traffic is surpassing the desktop traffic. There are some mobile-only apps like Instagram & SnapChat where most of the digital natives spend most of their time on. So, mobile users should be the key priority of your business.
Many social networks launched call-to-action buttons on their mobile apps. These buttons can generate more conversions than the web platforms. So, hone your strategies to attract mobile users.
Recently, Google has said that it gives priority to the pages which are AMP’d (Accelerated Mobile Pages). So, bloggers or marketers who want more conversions on their landing page should use Accelerated mobile pages. This will reduce the bounce rate to a great level.
4. Paid yet Personalized Content
Here you should observe two different terms paid content and personalized content. So far, we are using paid content for better reach of your business on social media. This is worth investing in it. Because ad recalls, Conversions or Customer Engagement, whatever be your desired outcome, sponsored ads on the social media helps you out in achieving it. As millions of businesses are competing on a single platform, a lot of noise generated every day.
On the other hand, people’s resistance to general ads on social media is increasing. And the Newsfeeds of social users are filling up with piles of content that most of the posts or tweets or pins are going unseen. Social media sites don’t entertain any inconvenience caused to their users. So, they are continually changing their algorithms like Facebook and Twitter changed their newsfeed algorithm in this year.
With these updated algorithms, users can see the personal posts or ads only that are more relevant to you.
So, your content must be personalized. It should touch a nerve of the audience. As a solution for this, I would suggest you leveraging the Influencer Marketing in your Social Media Marketing. If you are a B2B marketer, be like a B2C marketer with your customers on social media and make them intriguing towards your business. You have to reach the right users. For this, use of the analytics is much needed.
Billions of users and millions of competitors. To be in the race, marketers have to act smart. Deploying huge manpower for making a manual effort may work for you in the traditional marketing. But in digital marketing, these things never work at all. There are repeated tasks and bundles of data to watch out. Automation is the only solution seems better for a digital marketer.
I believe it so. Given the whopping user count and bulk data transferred every day, people easily forget an ad of yours seen an hour ago. Competing with your rivals, you have to make a space in the mind of your potential audience. For this, you have to do the work that a human being cannot do all the time. For this, automation indeed a great need.
The graph above shows the results of a survey of which respondents responded to a question, “which, if any, of the following benefits of Marketing Automation you actually realised?”. As per the report, when used for more than two years, marketers have seen 74% better messaging and content publishing, 69% of better lead management and 40% increase in the revenue.
In 2015, 91% of the very successful marketers had agreed that automation is important for them. In 2016, a two-third of the marketers use the automation technology profoundly in their marketing. As per VB Insights, 77% of marketers saw the conversion increase, whereas, 80% marketers saw an increase in their leads.
Nowadays, the cost of the automation tools has come down. For example, consider Socioboard. Just in a $10/month, you can better automate the social activities for your small business. There are many other automation tools like HootSuite, Buffer, and SproutSocial etc.
So, I hope you won’t be a digital market loser in 2017 just because you don’t use automation for your business.
6. Network Trends
Understanding the changes in the popularity of various social networks is really essential when targeting a particular audience. When equating the most popular social media networks, it’s better to evaluate them by active account usage besides the number users’ accounts they have. So let’s have a look at some of the social networks which are growing more quickly when to compare to others.
Which social networks are rising in popularity?
Let check out a compilation of rising social media networks in and around the world followed by latest statistics that provide you a vivid picture with Facebook presiding supreme both in terms of name recognition and the total number of users. It is the largest social media network with nearly 1,590 million active users. Moreover, it deals 18% market share, which is almost 7% greater than its nearby competitor. This won’t be a surprise to anybody that Facebook-owned whatsApp.
Besides this we have mostly APAC prefer platforms, with WeChat (8%), Qzone (7%), and QQ (9%) all with nearly 600 million active users, now we move on to other popular social media networks like Tumblr (6%), Instagram (4%) and Twitter (4%).
Check out the Social Landscape of Various Social Media Platforms
Some of the emerging social media platforms that you should watch are
- We Heart It
- Cyber Dust
7. Watch out for the Influencers
Influencer marketing is picking up more than ever. The group of people who have the authority, ability, or platform to influence a definite audience has changed madly over the last 10 years.
When you combine influencers with video marketing trends, you get YouTubers. They’ve formed one of the most powerful influencer networks in the social media world. If you want to know HOW big influencal they’ve become, here’s a video by Casey Neistat:
In this video, the YouTuber expresses strongly his political preferences and urges fellow YouTubers to do the same. The video collected millions of views, so just imagine how big their influence on the public opinion is.
The ultimate way to comprehend who a social influencer is to find out who your audience would trust personally. Studies show 49% of twitter users rely on recommendations from influencers.
The immense growth of social media networks has given an audience the opportunity to grow and create their personal brand every day. These socially savvy individuals offer value to brands since they know exactly how to:
- develop a loyal group of followers,
- generate reliably engaging content,
- create and amplify trends.
That’s why Facebook is paying top social media influencers over $2M dollars to produce live content. By teaming up with the right people, you can reach thousands and in some cases millions of people in more efficient manner. Brands that are leveraging influencers to spread their message are experiencing the nearly 10X rise in conversion rate.
These will be the most significant Social Media Marketing trends in 2017. When it comes to Video Content, there are many things that you need to consider. Try to leverage Live streaming. Though it’s in its initial stage now, it’s showing a good impact on user engagement. And virtual reality is setting the stage to create a buzz. So, make plans to get the most out of these features for your marketing.
Make good relations with the influencers in your industry. Because, in the process of becoming more personal, influencers play a key role.
Right now, social media is more about people than technology. Thus, it has become a big deal for businesses. In the light of this fact, there are big consolidations happened like Microsoft acquiring LinkedIn. As of my knowledge, someone big is going to acquire Twitter soon. If this happens, there would be more changes and new trends will occur in the future.
So, keep your knowledge updated and forecast the things that matter for your business.