We already know how social media has changed the way traditional media outlets function, but in what direction is it going?
The beauty of the internet is the complete freedom and equality it provides, which was cemented recently (for the near future at least) by a Federal Communications Commission (FCC) net neutrality vote.
However, even with net neutrality intact, we are still seeing the influence of money all over the internet. It is imperative for all businesses to keep up with social media to promote products or market themselves, and without an online presence they fall behind.
Facebook is slowly moving on from its original user oriented organic reach, to more ad based paid reach.
Their definition of the difference:
“Organic reach is the total number of unique people who were shown your post through unpaid distribution. Paid reach is the total number of unique people who were shown your post as a result of ads.”
Basically what this means is that Facebook is turning into a tool for big businesses to advertise their products to users. The vast amount of exposure Facebook can give sellers not only to millions of people at once, but specifically to people who may be more interested in their products, has turned it into a goldmine for big business.
Companies have to keep up with social media trends to stay popular and therefore stay in business.
As Jen Goldberg, a digital strategist for ad agency Wieden+Kennedy says in this VICE interview, “In the way that celebrities have to behave like brands, brands are having to behave like celebrities.”
However, these developments are not necessarily a good thing for users or for Facebook. People don’t like feeling like a commodity, and after a survey of users, Facebook has now begun curtailing ‘Overly promotional’ posts.
While sites like Facebook, Twitter and Google try to make the most of their influence and power for monetary gain, the less powerful and influential they become. They are digging up the very foundations upon which they were planted.
According to this article, the future of social media lies away from the giant corporations such as Google and Facebook. Wagner (no relation to Professor Wagner I assume) believes the future lies in smaller, more independent applications which serve more unique functions.
For example, Whatsapp, which Facebook recently purchased, for messaging, Instagram for photos, and Twitter for the news feed. “It makes more sense to focus each individually on a particular experience and make it as good as possible,” says Wagner.
The way technology develops will also play a role in how users interact through social media. You must wade through a plethora of pictures, news and updates on current social media and I believe smaller, more manageable applications like the one Wagner talks about are next in the future of social media.