Are you tired of doing business the old way? If so, now is the time to do it differently, so get started already. Entrepreneurs who can see far and beyond are likely to incorporate modern business concepts. Your business will thrive if it has a presence on social media. In other words, the business may not survive long without modern concepts of business for long.
Doing Business in a More Connected World
Marketing concepts combined with modern social media tech will rule the business world. Even then, the ever-changing marketing concepts will continue to change. Effectively, we are in a world where marketing and business concepts are changing forever. Perhaps the next era of social media is here or is about to enter significantly.
Think about the old ways of using social media platforms. Back then, not many platforms were available, only a few. It is no longer the situation as we have numerous platforms available where businesses feel their presence big time. So, is this the end of the road, or have we just begun? Mark Zuckerberg is on record saying he wants to see a digital living room happening soon.
Perhaps he hinted that the early days of social media are now long gone. Operating without social media marketing is a no-brainer. It is just a matter of time before media marketers develop fresh ideas for innovating to achieve better business results. As social media expands into our lives in a big way, we are about to witness a boom in marketing and promotion.
Live to Stream
It started as entertainment, but live streaming is now more mainstream in social media marketing due to its popularity. A recent study explains that marketers look to include live streaming when running social media campaigns. A unique social media platform, Instagram, has included live streaming in the list of features for its users.
Live streaming continues to be popular, and social media marketers constantly tap into solutions that attract the masses and show interest. Live streaming channels such as YouTube are among the most popular globally, with over a billion users worldwide. Marketers actively use social media channels that host live streaming and allow users to upload videos or host streaming sessions on their accounts.
Use of AR
The use of augmented reality is becoming more common these days. Companies are using VR and AR for training employees and arranging conferences due to pandemics. Augmented reality is already happening in its basic form in several social media platforms such as Instagram, Snapchat, and even Facebook. One social media platform has added AR functionality during video calls.
Influencer Marketing
It is trendy among corporations. Companies love to attract social media users using various techniques. They do not hesitate to use methods such as influencer marketing. For this purpose, they hire tremendously popular influencers on social media. These fans would follow anything their beloved influencer asks them to do.
This way, companies get access to millions of users that influence their services and products. Influencer marketing can be costly, but it is one of the quickest ways of getting noticed and attracting a sizeable audience.
Transparency
Social media marketers can establish a large fan following by ensuring excellent transparency. Social media has had its share of issues of controversy for one reason or another. Most of this was related to privacy, which is addressed through different means. Media platforms have worked hard to ensure users’ privacy and have successfully achieved this for the most part. Social media users show satisfaction with these measures.
Storytelling
Did you know that Instagram stories attract a minimum audience of 500 million every single day? It goes to show how many users read stories. Storytelling is also equally common on other social media platforms. Storytellers have 24 hours to come up with stories that are highly engaging and attract readers. Millennials show great interest in stories as they find them engaging and readable. They are interactive, so they attract those who may not initially be interested.
Conclusion
Using the next generation of social media marketing will likely give your business better recognition while raising your return on investment in little time.
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