As we approach the end of 2023 and edge closer to 2024, it’s time to peek into the future of digital marketing. The realm of social media is evolving at a breakneck pace, and staying ahead means understanding what’s coming. Here’s a detailed look at the predictions for digital marketing in the coming year, covering key platforms and trends.
Facebook: The AI and Video Surge Facebook’s trajectory points towards deeper integration of AI and an increased focus on video content. Following TikTok’s footsteps, Facebook has started leveraging AI to widen content exposure beyond users’ immediate networks, leading to a boost in app engagement. Expect Reels to dominate, demanding marketers to produce more captivating content. Notably, the reach of link posts is on the decline as Facebook pivots from news to entertainment.
Generative AI’s Rise in Facebook Meta’s CEO, Mark Zuckerberg, shows a keen interest in generative AI, hinting at more AI-driven features on Facebook. These might include AI-generated quizzes, video tools, and post prompts, pushing the boundaries of user interaction.
Celebrity-Influenced AI Chatbots: A Fading Trend Meta’s experiment with celebrity-influenced AI chatbots across WhatsApp, Messenger, and Instagram may not hit the mark as expected. The novelty of chatting with a celebrity-modeled AI wears off quickly, underscoring the need for utility over celebrity mimicry.
Meta’s Avatar Push: Bridging to the Metaverse Expect Meta to encourage more interaction through 3D avatars, a step towards the metaverse. As younger generations grow accustomed to digital personas in gaming worlds, Meta aims to reflect this in their apps, enhancing avatar-based interactions.
Advancing AR Technology Meta’s AR initiatives, including Ray Ban Stories glasses and Quest 3 VR headsets, are gaining positive reviews. While fully integrated AR glasses might not be commercially available in 2024, expect Meta to showcase advancements in AR through real-world testing.
Messaging Tools for Business With a shift towards private messaging, Meta is likely to introduce new ad options in messaging apps. This aligns with the growing trend of messaging commerce, particularly in markets where WhatsApp is dominant.
Instagram: Following the AI and Video Path Instagram, much like Facebook, is experiencing a surge in engagement due to more AI integration. Expect Instagram to introduce more AI-based features, like generative AI stickers and editing tools. The focus on visual content could lead to innovative AI-driven image and video creation tools.
Threads: Gaining Ground as an X Alternative Threads is increasingly becoming a viable alternative to X (formerly known as “Twitter”), especially with Elon Musk’s influence on X’s moderation and verification approaches. With new features like DMs and an API, Threads could become a significant competitor to X’s audience.
The Transformation of X under Elon Musk Elon Musk’s vision for X includes an “everything app” concept, focusing on in-app payments and an array of services. However, challenges such as the need for significant development time and regulatory approvals might slow down this transformation.
X’s Shifting Subscription Model X’s subscription model, a key element in Musk’s strategy, faces skepticism. For the model to succeed, it needs to offer tangible value that justifies the cost, especially for a diverse global user base.
X’s News Focus and Sports Integration Expect X to emphasize real-time news content, improving access to fast-moving stories. Sports content integration might also see advancements, potentially through exclusive video content deals.
Pinterest: Merging Online and Offline Experiences Pinterest could explore in-store AR integrations, leveraging its role as a product discovery platform. Advancements in AR try-on tools and a potential focus on 3D object creation could further enhance its shopping experience.
LinkedIn: Harnessing Generative AI for Professional Growth LinkedIn’s use of generative AI is likely to extend beyond current applications, improving content discovery and job matching. Virtual events and video streams could become more discoverable, and we might see AI-driven career guidance tools emerge.
TikTok’s Shopping and AI Innovations TikTok’s challenges in Western markets for in-stream shopping might lead to new approaches, like integrating local content for food delivery and business listings. Generative AI tools are also expected to play a bigger role on the platform.
Snapchat’s Focus on Snapchat+ and AR Spectacles Snapchat+ could become a major focus for Snap, offering unique features to its paying subscribers. AR spectacles might also emerge, potentially positioning Snap as a leader in the AR glasses market.
Potential Industry Shake-Ups and Evolving Dynamics The social media landscape is always in flux, and 2024 is no exception. From Meta’s metaverse aspirations to TikTok’s AI advances and Snapchat’s potential as a takeover target, the year ahead promises significant shifts and new opportunities for digital marketers.
These predictions provide a roadmap for what to expect in 2024, helping marketers and businesses strategize effectively for the evolving digital world.