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Future of Social Media: Mark Schaefer at SXSW Interactive

When you stop to think about everything that the internet offers us on a daily basis – the answer to any question at the tip of our fingers, the ability to connect with people on the other side of the planet and to communicate with hundreds and thousands of people from the comfort of your own home – it feels as if the future is already here. All we’re missing is the hover cars.

Social media plays a big part in the innovations and abilities the internet provides. But where do we go from here? What is the future of social media?

One of my South by Southwest highlights: Mark Schaefer, author, public speaker, blogger, and marketing professor, presented what he believes the future of social media is, and how to navigate through it. More about Mark Schaefer on his blog.

Schaefer outlines the four Digital Revolutions, the three previous and the one to come. Image found here http://www.businessesgrow.com/2014/04/28/digital-marketing-innovation/

Schaefer outlines the four Digital Revolutions, the three previous and the one to come. Image found here http://www.businessesgrow.com/2014/04/28/digital-marketing-innovation/

The Four Digital Revolutions

Presence (The WWW) 1990-2000 – Companies were really only expected to have a website at this point, to show an online presence.

Discovery (Search) 2000-2010 – A bigger emphasis on search engine optimization (SEO) happened in this time period, to encourage the discovery of your company.

Utility (Social Media & Mobile) 2010-2015 – The focus in this phase is on meeting the consumers’ needs when they need it, which is possible because mobile devices make it easy to consume content at anytime. The average American is spending 10 hours a day consuming content online, a two-hour increase because of mobile devices.

Immersion (User-Generated Content) 2015-? – This is where the future of social media exists. Social media sites are becoming more and more about users creating content. Schaefer estimates that by the year 2020, the amount of data online will have grown by 600% and 75% of that will be created by the consumer. This will also be the era of “wearable technology” and “immersion,” where, Schaefer says, “the Internet will surround us like the air that we breathe.” This would create a whole new landscape of marketing possibilities.

How to navigate the new social media landscape

Content Shock is created when the amount of content being produced is greater than the amount of content that people can consume. Image found on Mark Schaefer's site http://www.businessesgrow.com/

Content Shock is created when the amount of content being produced is greater than the amount of content that people can consume. Image found on Mark Schaefer’s site http://www.businessesgrow.com/

While it’s great that everyone and her brother has access to create content online, offering a more diverse and thriving online market, this also generates stronger competition for your content to break through the clutter and be seen.

In fact, there will be a time in which the amount of content internet users can consume will be outweighed by the amount of content produced. Schaefer calls this “Content Shock” which, unfortunately, is uneconomical.

This Content Shock, which Schaefer believes is coming soon, will have some negative implications on small businesses, including:

  • Big corporations will overtake the market.
  • Schaefer says just like with most industries, those with “deep pockets” can obtain control over a market and even create barriers that perpetuate the Content Shock for their competitors.
  • Companies will have to invest more in their content than they are getting back, making the production of content no longer worth it.

Create content that will stand out

Schaefer says that the Content Shock might be a few years off for some markets and might be here now for others. It’s important to plan ahead and think about how saturated your particular market is.

When producing content, Schaefer says to think about whether what you’re making is “RITE,” meaning:

  • Relevant
  • Interesting
  • Timely
  • Entertaining

He says that the element of fun is essential, as is serving your consumers’ needs and keeping your content human. Content that is “RITE,” especially in an under-saturated market, will get views and garner your brand attention.

Another important thing to keep in mind as the market keeps evolving is search filters, which are becoming increasingly sophisticated. Filters like Zite might soon replace Google even, making SEO less important than it used to be.

It’s essential that your brand evolves with the industry, or it will be lost in the shuffle and unable to stand up to the competition.

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How do you envision the future of Social Media? What are you doing to prepare your brand? Share your thoughts and insights with a quick comment.

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Content and Social Media Marketing Webinar

By Suzanne McDonald

If content “is the only marketing left,” as a quote from entrepreneur Seth Godin goes, than businesses better make sure their content is attracting customers.

 

In a webinar by Smart Insights and Bright TALK, “Content and Social Media Marketing,” businesses can learn how to use content for marketing – and what to avoid so content doesn’t harm the brand’s image.

 

What exactly is content marketing? It’s “a marketing technique of creating and distributing relevant and valuable content to attract, acquire and engage a clearly defined target audience,” content marketing authors Joe Pulizzi and Newt Barrett said in their 2009 book, “Get Content, Get Customers.”

Content marketing goes hand in hand with digital marketing and uses the internet as a new strategy, using assets like search engines, social media, email and a website for customers to buy online. The best marketing training available is the Affiliate Institute, which teaches, among other things, how to find a service or products with search traffic, and then how to get customers and a commission from companies. With the advances in the internet area in terms of its accessibility now, if you have a business, service or product to offer it is important for you to use a special digital marketing brand or agency so they can manage a special strategy for you and increase your views and profits. Professional  SEO services can lift your site above your competitors. According to SEO experts, they help business owners deliver their sites to top rank search engines. They ensure that the site has a unique setting that attracts Internet users. Search engine optimization experts apply the newest analytics service, which has a positive impact on a website. SEO companies are facing great competition in the SEO field. However, they introduce guaranteed SEO services to cope with the competition. These SEO companies have a strategy requiring clients to pay the major search engines (including Google and Yahoo) for monthly website maintenance. However, the company has guaranteed SEO services, where clients do not pay maintenance for that month.

Google has remained top, since they have accurate methods and algorithms that deliver credible results to the searchers. However, Google has made it difficult for web developers to use optimization tricks in manipulating search engines. This is why SEO companies have the guaranteed SEO money refund. SEO companies ensure that guaranteed SEO services include the Google’s webmaster guidelines. Webmaster guidelines boost website rank and search activity. You can click on visit site for more information on branding your company. The services clients get from SEO experts are like marathons. However, clients should be aware that SEO tricks can have a great impact on a website and damage it-which is why they have to use the legitimate SEO strategies in order to receive impressive results.

Although one may read a lot about the search engine ranking, no search engine optimization company can ensure that his or her site will get the first page in Google or Yahoo search engine results. Despite this, SEO companies have guaranteed SEO services and it is great when one signs with Google. The fact remains that SEO services assure clients that even if the site will not rank among the top search engines, the money will not be a waste because of the refund. Local SEO Edmonton tailored for small and large Edmonton, Alberta businesses.

Image result for marketing

 

Content marketing “barely registered as a concept” until a few years ago, according to Google search trends for the topic, as cited in the webinar. Not until early 2011 did searches for “content marketing” finally start to rise – and then they soared, this website will tell you everything you need to know about it.

 

Common content formats:

  •  Facebook
  • Twitter
  • emails to subscriber base
  • A Wiki page
  • blog post
  • LinkedIn
  • press release
  • banner ads

 

Those are the most common formats, and they fall into four “quandrants,” or general styles:

  1. Entertain (example: quizzes or branded videos)
  2. Inspire (celebrity endorsements or community forums)
  3. Convince (case studies or interactive demonstrations)
  4. Educate (infographics or press relases)

 

A few formats fall in between, such as articles, which are on the line between entertain and educate, and ratings, which are between inspire and convince, although for really reach sales using tools that you can find in thisleadfuze review online. Ideally, a business would find the right balance between the four quandrants, something that could be struck by having customer reviews or questionnaires.

 

The old saying “quality over quantity” applies to content marketing. If a business overloads its Twitter followers or Facebook fans with too many posts, they would, at minimum, lose effectiveness. At most, those followers and fans would unfollow or post negative remarks.

 

Interesting content is a top-three reason why people follow certain brands on social media, and there are trends to give hints on the best ways companies can utilize their content:

  •  3 in 4 marketers say compelling content is a factor in closing sales.
  •  70% prefer getting to know a company by reading articles rather than advertisements.
  • 60% feel more positive about a company after reading content on its website.

 

A tip to remember, as the webinar puts it: “If you talked to people the way advertising talked to people, they’d punch you in the face.” In other words, engage with customers instead of simply talking to them, and think like a publisher instead of an advertiser, don’t forget to get help from the social connection agency if needed.

 

Travel review websites are a great example in the amount of influence they have, especially among younger people. Word-of-mouth marketing is the primary factor behind 20% to 50% of all purchasing decisions.

 

Other tips to consider:

  • Think of what your content will look like on mobile devices – or whether it will even work at all.
  • Most Facebook fans (83% in one study) do not see your posts because they don’t stay visible on newsfeeds for very long.
  • A high number of “likes” and comments on even a plain-text post will drive more reach, or influence, than another post that might seem more likely to attract buzz simply because it has a photo.

 

Facebook has an internal algorithm called EdgeRank that it uses to gauge a user’s influence. It is based on four factors:

  • Affinity, or your relationship with a brand; you are more likely to see a post if your friends engage with it.
  • Type of post. Simple status updates trump other content.
  • Time. The older a post is, the less likely it will be viewed.
  • Level of negative feedback a post and brand receives.

 

Finally, some social media networks are more effective than others, depending on whether your communication is business-to-business or business-to-customer:

  • LinkedIn – the most effective for B2B, but far less so for B2C.
  • Blogs and Twitter have the best balance between both B2B and B2C.
  • Facebook is far more effective for B2C than B2B.
  • Others are far less effective for both methods, including Slideshare, Delicious, Scribd and Flickr.

If  you’d like to listen to the Webinar yourself, check out the BrightTalk Website!