The future of social media in marketing

The future of social media in marketing

12 October 2019 | Gil Appel, Lauren Grewal, Rhonda Hadi, Andrew T. Stephen
The article "The Future of Social Media in Marketing" by Gil Appel, Lauren Grewal, Rhonda Hadi, and Andrew T. Stephen explores the future of social media in marketing through a lens of consumer behavior, industry trends, and public policy. The authors identify nine themes that will shape the future of social media, organized by their predicted imminence (immediate, near, and far futures). These themes include: 1. **Omni-social Presence**: Social media has become pervasive, integrating into various aspects of daily life and influencing consumer decision-making processes. 2. **The Rise of Influencers**: The role of influencers, both traditional celebrities and micro-influencers, is growing, with live streaming and virtual influencers becoming more prominent. 3. **Privacy Concerns**: Consumer trust in social media platforms and brands is eroding due to data privacy issues, leading to a need for transparency and accountability. 4. **Combatting Loneliness and Isolation**: Social media's impact on loneliness and well-being is a growing concern, with efforts to address this through features like time limits and personalized content. 5. **Integrated Customer Care**: Social media will become a more efficient and personalized channel for customer care, with predictive analytics and AI-driven systems enhancing service. 6. **Social Media as a Political Tool**: Social media is increasingly used for political purposes, leading to concerns about echo chambers and the spread of fake news. 7. **Increased Sensory Richness**: The future of social media will likely include more visual, auditory, and immersive experiences, such as augmented reality (AR) and virtual reality (VR). 8. **Sensory Considerations**: The integration of sensory elements like audio and visual enhancements will make social media more engaging and interactive. 9. **Unstructured Data**: The use of unstructured data, including text, audio, images, and video, will become more prevalent, requiring new methods for analysis and interpretation. The authors provide insights into the implications of these trends for marketers, practitioners, and policymakers, highlighting the need for ongoing research to address the challenges and opportunities presented by the evolving landscape of social media.The article "The Future of Social Media in Marketing" by Gil Appel, Lauren Grewal, Rhonda Hadi, and Andrew T. Stephen explores the future of social media in marketing through a lens of consumer behavior, industry trends, and public policy. The authors identify nine themes that will shape the future of social media, organized by their predicted imminence (immediate, near, and far futures). These themes include: 1. **Omni-social Presence**: Social media has become pervasive, integrating into various aspects of daily life and influencing consumer decision-making processes. 2. **The Rise of Influencers**: The role of influencers, both traditional celebrities and micro-influencers, is growing, with live streaming and virtual influencers becoming more prominent. 3. **Privacy Concerns**: Consumer trust in social media platforms and brands is eroding due to data privacy issues, leading to a need for transparency and accountability. 4. **Combatting Loneliness and Isolation**: Social media's impact on loneliness and well-being is a growing concern, with efforts to address this through features like time limits and personalized content. 5. **Integrated Customer Care**: Social media will become a more efficient and personalized channel for customer care, with predictive analytics and AI-driven systems enhancing service. 6. **Social Media as a Political Tool**: Social media is increasingly used for political purposes, leading to concerns about echo chambers and the spread of fake news. 7. **Increased Sensory Richness**: The future of social media will likely include more visual, auditory, and immersive experiences, such as augmented reality (AR) and virtual reality (VR). 8. **Sensory Considerations**: The integration of sensory elements like audio and visual enhancements will make social media more engaging and interactive. 9. **Unstructured Data**: The use of unstructured data, including text, audio, images, and video, will become more prevalent, requiring new methods for analysis and interpretation. The authors provide insights into the implications of these trends for marketers, practitioners, and policymakers, highlighting the need for ongoing research to address the challenges and opportunities presented by the evolving landscape of social media.
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