Social Media Marketing Update - October 2024

Started by estyzh4tep, Oct 23, 2024, 05:06 AM

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SEO

The social media marketing landscape continues its rapid evolution, heavily influenced by advancements in AI, shifting user behaviors, and platforms' constant efforts to retain engagement and advertiser spend.

Here's a breakdown of key updates and trends:

Key Trends and Updates in Social Media Marketing - October 2024
1. Dominance of Video Content (Short and Long-Form):

Short-form reigns, but long-form resurges: While TikTok and Instagram Reels still drive massive discovery and engagement with their short, punchy videos, platforms are increasingly supporting and even promoting longer-form video.

YouTube Shorts: Now supports videos up to three minutes long, indicating a push for more comprehensive short-form content. YouTube itself remains a top platform for audience profiles.

TikTok: Continues to test hour-long uploads in some regions and offers AI-powered editing tools to streamline creation.

Instagram: Continues to push Reels and integrate video more deeply across the platform.

Actionable for Marketers: Invest more in video across the board. Repurpose and adapt video content for different platforms (e.g., long-form YouTube content can be cut into short teasers for Reels/TikTok/Threads).

2. AI Integration and Automation:

AI for Content Creation & Optimization: Platforms are leveraging AI for everything from content moderation to ad optimization.

TikTok: Introduces AI-powered editing tools for easier content creation (auto-captions, effects, music suggestions).

Meta (Facebook/Instagram):

Developing "Movie Gen" AI for video creation from text prompts.

New AI creative options like "Image Animation" (animating still images).

Expanding AI-based "Video Expansion" to adapt video assets to different formats.

Rolling out AI chatbots more broadly, and testing "Write with AI" for caption generation.

Working on an AI "Memory" option for personalized chatbot experiences.

AI for Ad Optimization: Platforms are increasingly automating campaign management and ad targeting. TikTok, for instance, rolled out automated ad targeting options for the holidays and introduced GMV Max for TikTok Shop merchants to automate ad campaigns and drive gross merchandise value.

Actionable for Marketers: Embrace AI tools for efficiency in content creation, ad copy, and campaign management. Understand how platform algorithms leverage AI for targeting and adjust your strategies to provide the best inputs.

3. Social Commerce Continues to Grow:

In-App Shopping: Social media platforms are increasingly becoming direct sales channels.

TikTok Shop: Continues its push, offering commerce automation (GMV Max) and running promotions (e.g., "Fall for You" for holiday shopping).

Instagram's shopping capabilities: Enable users to explore and purchase products without leaving the app.

YouTube: Partnered with Shopee to launch "YouTube Shopping" in some regions.

Actionable for Marketers: Optimize your product catalogs for social platforms. Experiment with shopping ads, live shopping events, and direct in-app purchase options where available. Focus on high-quality product imagery and video demonstrations.

4. Authenticity, User-Generated Content (UGC), and Community Building:

Demand for Realness: Audiences are increasingly skeptical of overly polished, sales-driven content. They crave authenticity and real experiences.

UGC Emphasis: User-generated content continues to be a powerful tool, as it reflects genuine experiences and builds trust. Google is even explicitly identifying content creators in search results, emphasizing E-E-A-T (Experience, Expertise, Authoritativeness, and Trustworthiness) by linking user-generated content and creators to specific topics.

Community Features: Platforms are investing in features to foster community.

X (formerly Twitter): Unveiled new community features and tools for creating/managing Spaces, prioritizing real-time audio conversations.

YouTube: Debuts a "Communities" tab for Discord-style interactions and tests new community spaces.

Instagram: Enhancing Notes for more streamlined content sharing and deeper connections.

Actionable for Marketers: Prioritize genuine storytelling, behind-the-scenes content, and actively encourage and feature UGC. Focus on building and nurturing communities around your brand through interactive features, live sessions, and responsive engagement.

5. Privacy, Brand Safety, and Trust:

Enhanced Brand Safety Controls (Meta): Meta has introduced new tools, allowing brands to deactivate comments on ads before publishing and to control specific user profiles where their promotions are displayed (by uploading a block list). They're also enhancing block list options with third-party integration and updating their Brand Safety and Suitability Center.

AI for Security: Meta is exploring facial recognition for security to combat scams using celebrity faces in ads.

Actionable for Marketers: Be aware of new brand safety controls and utilize them to protect your brand's image. Ensure your content aligns with community guidelines and is not perceived as spammy or offensive. Transparency about data use remains crucial as privacy concerns grow.

Platform-Specific Notables (October 2024):

Meta (Facebook/Instagram): Heavy investment in AI for creative, automation, and chatbots. Focus on enhancing direct messaging (Notes) and brand safety tools. Continues to push Threads growth.

TikTok: Strong push into e-commerce with new automation tools. Continued experimentation with longer video formats and AI-powered editing. Still facing regulatory challenges (e.g., potential US bans).

X (formerly Twitter): Continued focus on community features (Spaces) and evolving monetization strategies. Attempts to rebuild advertiser trust through new engagement insights for holidays.

YouTube: Expanding Shorts capabilities (length, editing tools, mobile landscape view), refining monetization for creators, and adding community features.

Pinterest: Expanding promotional pushes ahead of holidays and adding collage remix/sharing options.

LinkedIn: Adds verification for Company Pages and new AI assistance tools for job seekers. Enables brands to sponsor user-generated newsletters.

Overall, October 2024 highlights a social media landscape that is increasingly AI-driven, visually focused (especially video), community-centric, and privacy-conscious. Marketers need to be agile, adaptive, and prioritize authentic engagement to succeed.













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