Showing posts with label the future of social media. Show all posts
Showing posts with label the future of social media. Show all posts

Wednesday, 10 October 2012

The Future of Social Media




Social media has grown from a way to connect with your best friends to a commercial entity which allows regular people and businesses to build relationships, attract customers, and grow their product or service. We all understand the power that social media has today and the kind of prospects it has in the future, but what exactly can we expect in terms of personal and business oriented social media?


Social media and our Personal Brand:

                Social media can help any individual build their own personal brand. They can portray an ideal image of themselves to others so as to grow their connections and value. Much like LinkedIn currently, social media in the future will allow us to connect with the people we know and build connections in our chosen profession. Employers will also be able to check our work experience, our references, and even what kind of person we are based on our social media profiles. On a more personal note, our social media applications will let us see exactly what friends think of a certain restaurant or what they recommend to order and, much like this proposed product from Google, will let us see these things on the fly with a type of augmented reality.

A way augmented reality may work in the future.

The Future of Social Media in Business:

                Today, businesses can attract customers and increase sales with social media, but as it evolves, social media will help in a number of ways. Social media will be a great avenue for businesses to gain access to its customer’s activities and ideas. For example, businesses could further define their most frequent customers and target them over less frequent visitors. This increase in awareness of customer traits will also result in more personalized products and experiences. Also, because users can “check in” when they go somewhere just like in the Google video, the business will be able to see when a person enters their store and can send the customer information about sales or even directions to a specific product through their social media application. Essentially, the future of social media in business will allow companies to personalize the customer experience and gain further knowledge of its target markets.

An interesting video on social media

The future of social media is already happening today, such as the “check in” feature on Facebook, and these services will continue to evolve and change as time goes on. Eventually everything will be integrated and will let businesses and consumers expand their reach and gain access to other people’s opinions and thoughts on specific places or products. How do you think social media will change in the future?

Thanks for reading

Dusan Andic.

By the way, here’s an interesting article which interviews various people about their ideas of what the future of social media is: http://www.businessinsider.com/future-of-social-media-2011-11?op=1

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