Marketers are investing in metaverse, AR, and VR technologies to capture consumer interest.
TikTok's rapid growth highlights the importance of adapting to evolving consumer preferences in social media.
Deep dives
Powerful Insights from Sprout Social's Annual Index
Sprout Social's annual index survey revealed key insights into consumer behavior regarding social media platforms. The survey, conducted with over two thousand customers, highlighted the importance of continual platform usage alongside the adoption of new technologies. Notably, the rise of metaverse, AR, and VR technologies has captured significant interest and investment from marketers, demonstrating a shift in trends comparable to early internet adoption.
TikTok's Meteoric Rise and Consumer Engagement
TikTok's rapid rise as the leading social media platform underscores the dynamic nature of consumer engagement. The platform's usage has doubled in the last two years, solidifying its position as a dominant player in the social media landscape. The report indicates a significant shift in consumer behavior towards TikTok, emphasizing the platform's successful adaptation to evolving user preferences.
Emphasis on Authenticity in Consumer-Brand Interaction
The demand for authentic and uncurated content has become a driving force in consumer-brand interactions. Consumers seek genuine, off-the-cuff content from brands, as seen in the success of platforms like TikTok. This trend underscores the need for brands to embrace authenticity and genuine communication strategies to resonate with modern consumers effectively.
Jamie Gilpin, Chief Marketing Officer at Sprout Social, discusses the analytics company's Social Index Report on what's hot in social media. Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.