The 5-Year Cycle in Marketing: "Is TikTok's Expiration Date Near?"
Jun 24, 2024
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Discussing the five-year cycle in marketing and the potential future of TikTok post its era, exploring MySpace's impact on internet fame, analyzing the evolution of influencers and internet celebrities from early platforms to TikTok success, and tracing the changing landscape of content creation on YouTube.
The Rise and Fall of MySpace and Justin Timberlake's Acquisition
MySpace, created in 2003, revolutionized online personal profiles by allowing anyone to become famous and create customized profiles without website navigation skills. Sold to Justin Timberlake in 2011 for $35 million, MySpace rebranded as a music site to compete with Facebook's growth. This strategic shift aimed to capitalize on launching internet celebrities who produced music and allowed users to curate playlists, reflecting a trend in online fame connected to music and personal expression.
Evolution of YouTube Over Five-Year Cycles
YouTube, established in 2005, demonstrates a transformative cycle every five years, impacting creator trends and platform developments. From 2005 to 2010, shorter user-generated videos like 'Charlie bit my finger' went viral, marking the platform's early success. The period from 2010 to 2015 witnessed the rise of vloggers and internet celebrities on YouTube, illustrating the fruitful rewards for second and third-generation creators who adeptly navigated the evolving landscape of the platform.
Current Trends and Future Predictions in Online Content Creation
As YouTube transitions from the corporate influencer era (2015-2020) to the present (2020-2025), trends like short-form content and podcasts dominate the platform. YouTubers like Tana Mongeau have shifted focus to podcasts, showcasing a transition in content creation preferences. The simultaneous surge in YouTube shorts and podcasts indicates a dynamic shift in viewer preferences, setting the stage for a new cycle of content creation and platform evolution.
Would TikTok be as big as it is today if it wasn’t for the death of Vine? We talk about this and more in the comeback episode of “Ahead of the Curve with Coco Mocoe”
You can listen to the extended episode by becoming a paid subscriber on the official Substack for $9-a-month. Along with access to extended versions of the podcast, you will be sent a Friday…
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