Social media is one of the fastest changing industries out there. Sometimes a cutting-edge technology changes the social game, or an old idea (e.g. virtual reality) gains viral popularly. Either way, the results always have a huge impact and 2017 will be no different. Here are five social media trends that will dominate 2017.
1. Social messaging
When people discuss social media, there always seems to be more focus on social networks than social networking. That’s pretty strange, considering that messaging apps have a much wider community of users than social networks. In fact, WhatsApp, Facebook Messenger, Viber and WeChat together have more users than the big networks: Facebook, Twitter, LinkedIn, and Instagram.
Over-the-top (OTT) messaging and SMS messaging are millennials’ preferred form of communication. Sixty-two percent of millennials are more loyal to brands that engage them via those channels and an estimated two billion users will be messaging through OTT apps by 2018. Why is this so? Millennials want the personal touch, transparency and collaboration that the one-on-one communication allows.
Businesses are already taking advantage of the huge audience base on social messaging platforms — on Facebook, you can click on an ad and it takes you directly to a chat window with the brand. As more brands start to realize the value of social messaging compared to regular social networks, they’ll make even more efforts to have a presence there.
2. The fight against fake news
Every year, more and more people, especially millennials, are turning to the internet as their main news source instead of TV, newspaper, or radio. As a result, there’s been a rise in “fake news” from sites that deliberately publish and circulate inaccurate information about current events.
We saw the worst of it during the 2016 presidential election — fake news about both candidates was shared widely across Facebook, Twitter, and other social platforms. Now, Facebook is already taking steps to curb fake news appearing on the site. These “news outlets” are no longer allowed to advertise on the platform.
But the fight against fake news isn’t likely to stop there. Germany is already considering legislation to fine social media sites that let fake news proliferate. That’s bound to catch the attention of all the major platforms. Millennials are tech-savvy, get their news predominantly from social media and value honesty, so they’re likely to investigate and verify news they see, push for more transparency from media outlets and reward factual reportage by sharing such content.
3. Authentic content (a.k.a. live video)
YouTube was built on a foundation of videos that capture real, unfiltered moments. Now social media is taking it to the next level by offering the content in real-time. Live streaming video was first made popular by Twitter’s Periscope. Now Facebook Live has launched. Social videos have much more engagement than any other content format, and have been responsible for a lot of growth on Facebook. Even news sources are citing Facebook Live videos when covering major events. The world of media is changing thanks to live video.
Instagram is now testing their own live video option, and they won’t be the last platform to implement live streaming video. Social media is becoming fascinated with live, authentic content. Millennials love video content and are the most active video viewers of any age group in the U.S. in 2016 and they’re not likely to slow down in 2017.