Social Media News

Social media - what is it good for?

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Social media marketing has been the hottest marketing concept for the past decade. And why not?

With just a little effort, the marketing machine complex has amazingly shifted the production and creativity to a workforce that does all the heavy-lifting for free.

Free.

Consumer generated content, for free.

Direct to consumer engagement, for free.

Friends and family telling what to buy, where to eat, what to watch, all for free.

But is social media marketing losing steam or are we at the pioneer stage of these tools?

This week Pew Research is out with their annual report on Social Media Use in the United States.

And to no one's surprise, a majority of Americans use Facebook and YouTube, and young adults are unusually heavy users of Snapchat and Instagram. The survey of US adults finds that the social media landscape in early 2018 is defined by a mix of long-standing trends and newly emerging narratives. 

As has been the case since the Pew began surveying about the use of different social media in 2012, Facebook remains the primary platform for most Americans. But the social media story extends well beyond Facebook. The video-sharing site YouTube is now used by nearly three-quarters of US adults and 94% of 18- to 24-year-olds.

But there are pronounced differences in the use of various social media platforms within the young adult population as well. Americans ages 18 to 24 are substantially more likely to use platforms such as Snapchat, Instagram, and Twitter even when compared with those in their mid- to late-20s. 

As was true in previous surveys of social media use, there is a substantial amount of overlap between users of the various sites measured in this survey. Most notably, a significant majority of users of each of these social platforms also indicate that they use Facebook and YouTube. But this “reciprocity” extends to other sites as well. For instance, roughly three-quarters of both Twitter (73%) and Snapchat (77%) users also indicate that they use Instagram. 

This overlap is broadly indicative of the fact that many Americans use multiple social platforms. Roughly three-quarters of the public (73%) uses more than one of the eight platforms measured in this survey, and the typical (median) American uses three of these sites. 

As might be expected, younger adults tend to use a greater variety of social media platforms. The median 18- to 29-year-old uses four of these platforms, but that figure drops to three among 30- to 49-year-olds, to two among 50- to 64-year-olds and one among those 65 and older.

So is social media marketing still a thing?

Yes.

But what does this social media thing mean for marketers, communicators, and advocates?

A few ideas.

Americans might say in polite company they don't love social media, but their activity says otherwise as they use these tools and use them a lot. Second, social media users take advantage of multiple platforms and embrace their unique tweaks. Finally, it may be early days of social media, but there is a lot of content and distraction out there - and frankly, most of it is junk food for the brain.

For marketers, communicators, and advocates to take advantage of these tools they must think reinforce, reward, recognize, refresh, and research.

Also, your content must be outstanding because the consumer has multiple channels for distraction, others want your audience, and if the user doesn't feel special, someone else will give them a home.

And most importantly, more and more content is being produced daily. Just like this Ross Rant, content will be easily created and then placed on a minimum of six social media and digital platforms.

So keep on using social media marketing but make sure your content and engagement reinforces, rewards, recognizes, refreshes, and is well researched.

If you want more, you can access the full report here: https://goo.gl/rWdo9g

Marc A. Ross is the founder of Caracal Global and specializes in global communications and thought leader management at the intersection of politics, policy, and profits. Working with boardrooms and C-Suite executives from multinational corporations, trade associations, and disruptive startups, Marc helps leaders create compelling communications, focused content, and winning commerce.

Caracal Insider Daily | January 16, 2018

Caracal Insider Daily Jan2018 (1).png

Bitcoin, Trade Clash, Huawei, Starbucks, Lego, Social Media News

Caracal Insider Daily
January 16, 2018
Curation and commentary from Marc A. Ross

Reporting from Alexandria, Virginia

Caracal Insider = Global Business News at the Intersection of Politics + Policy + Profits

Subscribe here
https://goo.gl/bSQKwA

TOP FIVE

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GEOECONOMICS

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China fake data mask economic rebound: FT reports, GDP numbers unlikely to show the scale of recovery because of previous moves to hide slowdown.

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China admits to having agents in Canada as former judge harassed in Toronto: Globe and Mail reports, for more than 15 years, the Chinese government has provoked anger in Canada, Australia, the United States and elsewhere for sneaking security agents abroad

Days after Hawaii alert gaffe, Japan issues a false alarm about a missile launch: Reuters reports, Japanese public broadcaster NHK issued a false alarm about a North Korean missile launch on Tuesday, just days after a similar gaffe caused panic in Hawaii, but it managed to correct the error within minutes.

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Donald Tusk calls for a second Brexit referendum: The Time reports, Donald Tusk has called on Britain to reverse the decision to leave the European Union with a second referendum or a House of Commons vote on the final Brexit deal. The president of the European Council made his appeal as pressure grows on MPs to press for a second referendum or to reject a withdrawal agreement.

The Times: Le Pen plans to rename and rebrand National Front

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America last? EU says Trump is losing on trade: Reuters reports, the European Union’s trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU’s message to the U.S. president will be. America is shooting itself in the foot by withdrawing from global leadership on trade, Cecilia Malmstrom, the 49-year-old Swede who has served as Europe’s trade commissioner for the past three years, told Reuters.

AMERICAN POLITICS

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The US government runs out of money at midnight on Friday.

Today: Trump meets with President Nursultan Nazarbayev of Kazakhstan.

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The Pentagon is planning to develop two new sea-based nuclear weapons to respond to Russia and China’s growing military capabilities.

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ENTERPRISE

Fiat Chrysler CEO Sergio Marchionne said Monday he has no plans to sell its Jeep business or split up the company.

CNBC: Ford plans $11 billion investment, 40 electrified vehicles by 2022

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AFP: Qantas changes website to recognize Chinese territories

Adidas wants to increase its US market share to around 15%-20%.

Alibaba's AI outguns humans in a reading test: Bloomberg reports, Alibaba put its deep neural network model through its paces last week, asking the AI to provide exact answers to more than 100,000 questions comprising a quiz that’s considered one of the world’s most authoritative machine-reading gauges. The model developed by Alibaba’s Institute of Data Science of Technologies scored 82.44, edging past the 82.304 that rival humans achieved.

Lego is partnering with Tencent to jointly develop online games and potentially a social network aimed at children in China. 

Xiaomi has picked Citic Securities, Goldman Sachs, and Morgan Stanley as joint sponsors for its proposed IPO, which will most likely be in Hong Kong.

A new Starbucks opens in China every 15 hours.

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TRENDS

Half of Americans want to regulate social media news: Report shows the public is concerned about fake stories and political polarisation.
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CULTURE

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SPORT

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