Social media is hard to define, learn, or teach because as we have seen, it is constantly changing. There are so many different elements to it, and nothing stays the same for too long. This means we have also been able to see the significant impacts that social media has had on marketing. Any business doing successful marketing in 2023 is certainly utilizing social media to its advantage.
I have talked about Spotify, Nike, Knix, RadioShack, and many other businesses through my course of study. Spotify gave an amazing example of how user-generated content can be one of the most authentic marketing tactics and people are more likely to be influenced by their friends and those around them. The Spotify Wrapped campaign has become a phenomenon that users look forward to year-round. It takes little work on behalf of the company other than ensuring the data collection runs smoothly and updating a few slides each year. I also looked at Knix, a Canadian-founded brand that has utilized social media platforms to have everyday people in their advertisements. Rather than exclusively hiring professional models, their campaigns represent the types of people they hope will be buying their products.
One thing in particular that I was surprised about over the course of my studies, was how far possibilities have come in terms of monitoring and measurement. I have not been involved in the monitoring or measurement parts of a social media strategy for quite a few years. I was under the impression that you had to be involved with the business directly and have access to their website and social accounts, to really be able to get information about their performance. That is not the case anymore. Of course, if you do have that access you could get much more detailed information and stats such as from Google Analytics. However, even with no connection to a brand, someone can get a lot of information about how well their social media strategy is doing. I personally found using sites like BrandMentions, Brand24, and Sprout Social to provide invaluable information when researching a brand. This can be used for insight into a company there is potential to work with or can be used to research competitors of a brand. It is also a great way to get familiar with measuring and monitoring in general. Experience can be gained from using these platforms, many of which are free, without having to first be hired in a position to do so.
Marketing has changed drastically from 10, or even 5 years ago. Businesses, organizations, and non-profit organizations can all benefit from having a social media strategy in place. With new arrivals to the industry, like Chat GPT and other AI technology, there is no way to predict how the intersecting futures of social media and marketing will go. But one thing is for sure, it will keep evolving and growing. The best thing people who are involved in the industry can do is to try to stay on top of trends as best as possible and always be open to continued learning.
What has surprised you the most about how social media has affected your own career trajectory or that of a business you work for?