What is the latest trend in social media?

sendible.com - The Top Social Media Trends for 2023 That You Need To Pay Attention To

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We can all agree that social media marketing is not for the faint-hearted. A couple of years ago, our worst nightmare was the unannounced algorithm updates. Today, we face a complete change in user behaviour, consumer habits, and a brand new generation of social media users and spenders with particular needs. This is why our 2023 social media trends report should become your go-to guide to facing all the challenges out there. One of which is making sure your clients are on-board with switching up their social media strategy. We know change can be tricky, so we supported all prominent social media marketing trends with precious data and research.

What are the top social media trends for 2023?

1. Short-form video is still the king

TikTok, the pioneer of the short-form video content movement, had over 1.5 billion monthly active users in the third quarter of 2022. And there's a good reason for it. Users are hungry for bite-size, engaging, entertaining content. Your job is to adjust it to your business goals and provide as much value as possible. Wyzowl's video marketing statistics report for 2022 clearly shows that video marketing is the way forward as: 96% of people have watched an explainer video to learn more about a product or service of people have watched an explainer video to learn more about a product or service 88% of people say that they’ve been convinced to buy a product or service by watching a brand’s video of people say that they’ve been convinced to buy a product or service by watching a brand’s video 78% of people say they’ve been convinced to buy or download a piece of software or app by watching a video of people say they’ve been convinced to buy or download a piece of software or app by watching a video 90% of consumers use their mobile devices to watch video content Research also tells us that users in the US spend an average of 45.8 minutes per day on TikTok, and that in 2022 Instagram Reels beat all other short-form video apps when it comes to engagement, having a global average of 53 minutes of viewing time per session. Data and reports aside, if you looked at your own social media networks, we are sure you would notice that you personally consume more and more short-form videos when you are scrolling. Short-form isn’t just unavoidable at this point, it is the number one consumed content on the internet. If your clients want to be successful on social networks and reach the desired results, engaging social media videos are the way to go in 2023. This is why it's vital to have a serious conversation with them and see what would be the best way to approach and utilise this trend. When planning this strategy, it is essential to ensure that you are not blindly participating in trends and experimenting with unique sound clips just to be trendy. So, there are two things to remember: While the format of the videos has changed, providing value to the viewer is still the root of high-quality content. Creating content without a purpose is still a big "NO!". A clear CTA is necessary to get the viewer into the client funnel. You need to keep the goal of these videos as the central focus. Because, as we all know, you can’t take views and likes to the bank. Exploring TikTok trends is a great place to start! But when creating your content plan, make sure to keep in mind:

Who is the target audience?

What is the goal of the video? Will you use it for brand awareness, connecting with your existing audience on a more personal level, or utilise it as engaging social ads?

Where will you post it?

How will you repurpose it?

The possibilities of short-form videos are endless! And this is precisely why this latest social media trend is vital to explore.

2. YouTube is alive and kicking

While the short-form vertical video dominates, the world's second most visited website, YouTube, is vying for that number one spot. In fact, YouTube's daily average watch time in 2022 was 45.6 minutes, just 0.2 less than TikTok. When we are talking about demographics, TikTok and vertical video lean towards a younger and more tech-savvy demographic. On the other hand, YouTube draws all demographics, including one in three baby boomers.

YouTube has numerous benefits:

It allows brands to plan a long-form video strategy that has longevity.

You can create search-based content that is evergreen. This means rather than relying on individual algorithms to put your content in front of a viewer, commonly known as FYP or “For You Page”, you can use Google to drive your traffic. This means rather than relying on individual algorithms to put your content in front of a viewer, commonly known as FYP or “For You Page”, you can use Google to drive your traffic. Great repurposing possibilities. You can cut it into smaller videos and use them on social media, repost them as IGTV, or embed them in your blog (which is an excellent SEO hack). The best way to start is to have your clients answer their most frequently asked questions. Chances are, if their customers are asking them, others are probably busy Googling them.

Learn how to create a YouTube channel as a brand.

You want to ensure each video provides value, is accessible (uses subtitles, captions, and descriptions), has a powerful keyword-driven title, and eye-catching thumbnail. Use a tool like VidIQ to figure out how people search for answers on YouTube and then study thumbnails that immediately grab your attention.

3. Social commerce will continue to rise

Social commerce is one of the social media trends that has been on our radar for a long time. Both brands and social media platforms have been working hard to find the right way to convert social media networks into sales platforms. Consumers' buying habits were heavily influenced by social media long before the COVID-19 pandemic. Back in 2018, 30% of consumers said they would make purchases through Pinterest, Instagram, Twitter, or Snapchat. And while these numbers sky-rocketed during the pandemic, consumer expectations are shifting as inflation, supply chain issues, ESG awareness and activism, and a possible recession affect availability, competition and values. So before we get into how this influences your 2023 social media strategy, let's take a look at some social media eCommerce statistics.

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1. Supply chain issues directly affect consumer behaviours

PWC polled consumers in June 2022 and found that consumers empowered by technology are more likely to use comparison sites to seek product availability and shop across multiple retailers. In fact, they are now more prone to switching between channels to find what they want. This means that your company has the possibility to continue growing if it's ready to manage multiple channels.

2. Smartphone shopping is reaching its historic high

Mobile commerce volume is expected to hit $620.97 billion by 2024. This means nearly half (42.9%) of all eCommerce purchases will be made via a mobile device. As app usage continues to grow, it will be a major contributor to sales growth, especially with Millennials and Gen Zers holding massive spending power. These tech-savvy users have the ability to boost volume, as they’re more likely to do a wider share of shopping on their smartphones. And that's the reason why almost every social platform now has a “shop now” button.

3. Social media presence equals more sales

Most online businesses today understand the importance of having a social presence. But if you have trouble convincing your clients of how important it is to invest in their presence, here's a neat number that could help persuade them. Stores that have at least one social account have 32% more sales on average than stores that don't use social media.

4. Social media is the go-to place for reviews

It isn't a surprise that 71% of consumers prefer online shopping. As we are still living in a pandemic culture, more and more consumers prefer to shop online. But before they add to the cart, 84% of US online buyers take a look at a social media platform before purchasing. This is why it's of utmost importance that you upgrade the way you collect and share customer reviews on social media. Gen Z is a mobile-first generation, and Instagram is their prime channel for discovery. A recent report from digital and creative agency Composed found that 60% of U.S. Gen Z shoppers use the platform to discover new brands and products. Additionally, a report from Piper Jaffray found that 73% of Gen-Z shoppers in the U.S. want brands and retailers to connect with them about new products and promotions through Instagram.

6. Social selling is booming

According to Statista, there were 80 million social buyers in the U.S. in 2020, representing a 30% increase compared to 2019. Experts believe that the social commerce trend would have continued to grow without the pandemic but that COVID -19 accelerated its growth. These consumers spent approximately $27 billion throughout 2020 in the U.S., which grew to nearly $51.8 billion in 2022 despite the potential recession. Looking further ahead to social commerce sales projections for 2028, U.S. social commerce is projected to reach $145.2 billion.

So, what does all of this mean for you?

As buying online is becoming more and more common, and consumers are using social media to either buy products or review them, your clients must have easy ways for customers to buy from them. You want to work with them to minimise any potential purchasing frustration and set them up with native shopping experiences and opportunities available through social media apps like Facebook, Instagram, and TikTok. This will result in a higher ROI and a better user experience. When it comes to social selling, the social media content strategy is a little different from what you might be using for a service-based business. When selling on social media, you want to be posting more and consistently. This strategy requires producing content with shoppable links posted in more places. For example, if your client is a fashion or jewellery brand, they will want to take advantage of having an Instagram Shop. This way, they'll be able to:

List products on their shop.

Create posts with shoppable links.

When doing this, it is important to track the data to measure success, sales, and areas for improvement.

4. The content creators hold the power

87% of consumers still trust reviews and recommendations from family and friends who received a free brand experience, and 71% still trust bloggers, vloggers or social media stars who have gotten the same treatment Customer reviews are trusted 12 times more than marketing coming directly from the organization. Two-thirds of consumers say they trust the opinions of other customers posted online. Consumers find UGC 9.8 imes more impactful than influencer content when making a purchasing decision.

Let that sink in for a minute.

Social media marketers spend so much time curating beautiful content and messaging; most likely, potential clients scroll right past it.

Why?

Because it is the brand talking about their product or service, and brands are biased. But someone who has used their product or service is going to be more trusted because they are unbiased. Or they at least appear impartial since it's not the obvious case of paid partnerships and sponsorships. When information like 86% of women uses social media for shopping advice comes about, it is hard to ignore the potential of working with influencers to get user-generated content.

But how do you go about this?

We suggest you start with these three steps:

Look at the existing user-generated content. Make sure to review tagged photos, posts or reviews. You can use these as posts for the client's social media quoting their customers. Work with the client to find happy and satisfied customers. Once you've made a list, simply coordinate with them to share their experience on their social media. Research nano and micro-influencers in your client’s niche. Having massive followings is a thing of the past. Having a strong community is the future. So make sure to start nurturing collaborations with relevant nano and micro-influencers. It is important to remember that while necessary, partnership and influencer marketing don't need to be complicated. Find a way to add a couple of posts per month to your content calendar to highlight user-generated content. This will provide you with additional resources, help you build trust with your existing audience, and attract new ones.

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5. Community over followers

One of the ongoing messages we see on social media is that you need to build a community. This might sound vague or idealistic, but the fact is that 66% of branded communities say that the community has had an impact on customer retention. And according to the Global Web Index, 76% of internet users are participants of online communities. The amazing thing about a focused and mighty community is that this is where the brands’ most loyal and dedicated customers are. These are those ride-or-dies, forever customers, first to purchase and support.

Learn how TikTok has reshaped community management.

Here are some tips to get you started with building a strong community:

Reply to comments

Encourage users to tag you in other creators' videos if they want to hear your opinion

Create relationships with influential content creators by showing them some love

Community managers have become an essential role of every marketing team.

6. Narrow-targeted social media ads

Social media advertising was always a challenge on its own. But with so many restrictions and changes, it is going to be harder to develop a good paid advertising strategy in 2023. The most important factor for running successful social media ads in 2023 is to make sure your targeting is very specific. This is important because 54% of customers get annoyed when targeted with an ad for something they’ve already bought. And while broad targeting is good for brand awareness, you need to be wary of your client’s budget, oversaturated market, and current economic situation. This is why a good start would be to focus your efforts on retargeting prospects and uncovering a lookalike audience. While social media advertising may be difficult, it still plays a big role in your clients' online sales success. As of January 2019, roughly 80% of online consumers have made a purchase from social media ads, and the latest research shows that 84% of consumers purchased a product because they watched a marketing video.

Make sure to cover these questions with your client:

What is their core, crème de la crème audience?

What are their most important KPIs?

Is there a possibility to create new (or repurpose old) engaging videos?

How do they feel about using user-generated content in social ads?

Once you’ve ensured you’re on the same page with your client’s and audience’s needs, you can proceed to the finer details. And these have everything to do with the fact that the consumers' mindset has changed drastically in the past two years. PWC did extensive research on the permanent change that occurred in consumers' habits and values and found that these five things have a direct impact on their purchase decision:

Excellent omnichannel experience

Commitment to ESG (environmental, social, and corporate governance)

Online security and privacy protection

Local supply chains

Pricing considerations

While them becoming more digital makes your life somewhat easier, it also means you need to perfect the overall user experience. And ensure you're considerate of the current climate.

7. Digital trust is crumbling and reshaping LinkedIn

Digital trust is the confidence people have that a platform will protect their information and provide a safe environment for them to create and engage with content. And the 2022 report by Insider Intelligence shows that it's seen a decline. This is probably why LinkedIn posts changed massively in the previous two years and why we keep seeing more and more personal posts - without links. Furthermore, LinkedIn invested $25 million in a Creator Fund, paying 100 creators $15,000 each to “share content, spark conversations, and build community.” Some things you could do to step up your LinkedIn social media marketing game are:

Include linkless posts in your content calendar

Crosspost content you created for other social media platforms and track performance

Don't overdo it with personal content, this is still a professional platform

Use LinkedIn's version of carousels to share valuable tips and advice

Experiment with videos

8. Social SEO is not something you wish to ignore

New York Times said that TikTok is the new search engine for Gen Z, and Senior Vice President Prabhakar Raghavan, who runs Google’s Knowledge & Information organization, said: “In our studies, something like almost 40% of young people, when they’re looking for a place for lunch, they don’t go to Google Maps or Search. They go to TikTok or Instagram.” When you pair this with the factors that affect the TikTok algorithm (that's influencing changes in all the others), you'll realise that hashtags alone don't cut it anymore. So here's how you can optimise your social media strategy and introduce SEO to it: Do keyword research to find out what format you should use and what topics you should cover.

Use keywords in the social media post caption.

Start adding alt text to your social media images to improve accessibility.

Some final thoughts

There are numerous trends you could hop on to. But be careful, as it is too easy to get lost in them. This is why we carefully picked these eight trends that could potentially make the biggest difference for your clients. And now that you're familiar with everything there is to know about the latest social media trends, it's time to work on your strategy! So, read our handy guide on content pillars and start planning social media content calendars for your clients.

sendible.com - The Top Social Media Trends for 2023 That You Need To Pay Attention To

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