Predictions on Social Media Trends

With the growing popularity of social media, it is conceivable that social networking sites will become more sophisticated, more niche specific, and more integrated. Specifically, some predicted social media trends are listed as follows:

• More televisions will be available through the Internet
  
  As evident in the recent March Madness NCAA Men Basketball Tournament, NCAA and CBS jointly announced the viewing of the games through the NCAA website. Other available sites include Hulu, Boxee, Apple TV and Netflix.


• More companies will establish and enforce a social media policy
  
  In order to protect itself from reduced productivity and increased security risks, a company will have to define specific policies and procedures for governing its employees on the use of social media.
  
• Social media will become more exclusive and less general
  
  New social media will be less general and more niche-based, targeting specific group of audience or special interest groups (sports, jobs, music, etc). User behavior will change as more people will look for quality and efficiency rather than quantity.


• Businesses will leverage social networking tools to satisfy more business areas
  
  Besides marketing and advertising online, companies will use social media for customer support, recruiting and collaborating.
  
• Companies will rely more on web analytics for performance measurements
  
  Besides using web analytics to measure the effectiveness of its websites, business will also use such information to determine how well its staff (or which staff particularly) is supporting its customers and what competitive advantages it has over its competitors. Rating on websites by customers will also be more common.


• Mobile technology will be more integrated with social media
  
  Individuals will be relying on their mobile phones to connect to the web, and perform the internet functions via their mobile devices. The use of traditional emails as communication will become obsolete.


• More content aggregation in social media to improve efficiency
  
  Search engines will return more content and less links, thus reducing the time in locating information. An example is the partnering of Yahoo and Twitter to deliver Yahoo’s content into Twitter’s stream.

With these growing trends in social media, the questions are (1) Will the increased in demand of TV via Internet cause a more serious bandwidth issue? (2) Will the investment cost in social media grow exponentially due to demand for high-power equipment and the need for more secured information?

Sources:
Social Media Band Wagon Image.

Armano, David. "Six Social Media Trends for 2010 - The Conversation - Harvard Business Review." Business Management Ideas - Harvard Business Review Blogs. Web. 12 Apr. 2010.

Cashmore, Pete. "10 Web Trends to Watch in 2010 - CNN.com." CNN.com - Breaking News, U.S., World, Weather, Entertainment & Video News. Web. 12 Apr. 2010.

Diaz, Sam. "Yahoo and Twitter Partner to Mesh the Content from Both Worlds Between the Lines ZDNet.com." ZDNet Technology News. 23 Feb. 2010. Web. 12 Apr. 2010.

Tobin, Jim. "5 Predictions on The Future of Social Media Ignite Social Media." Ignite Social Media -- the Original Social Media Agency. 28 July 2008. Web. 12 Apr. 2010.