5 Social Media Trends For Businesses

By
Ovido Team
Updated On
August 8, 2024
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If there’s something constantly evolving in the digital landscape, it’s social media. Especially for businesses, social media trends have brought new opportunities and challenges in 2024.

Staying updated with the latest trends is crucial for maintaining a competitive edge. In this blog, you’ll learn about the top social media trends that can help your business stand out and grow rapidly on major social platforms.

5 Social Media Trends For Businesses

1. Short-Form Video Dominance

You can hardly find a person who is not familiar with short-form videos blowing up the social media scene. Examples of such platforms include TikTok, Instagram Reels, and YouTube Shorts, which are the leading trends. 

Content creators started it, and now businesses are taking over with creative ways to engage their audiences.

You can get thousands of views if your content goes viral.

Higher Views → Higher Brand Awareness → More Engagement → More Sales

That’s exactly how it works.

Check this example of one of our clients:

Screenshot of Instagram views

One of their videos went viral, and they gained over 50,000 followers in 8 weeks!

This led to a consistent number of thousands of views in their Instagram Reels.

Tip: Short-form videos can be used to advertise your products, share customer testimonials, or give a sneak peek of your business.

2. Rise of Social Commerce

Social commerce has come a long way since asking the audience to “DM” or send a message to enquire about a product. 

With features like shoppable posts on Instagram, TikTok Shop, and Facebook Shops, businesses can now sell directly through social media platforms.

How TikTok Shop works

This seamless integration of shopping and social media enhances the customer experience and drives sales.

How?

The idea is to make it easy for customers to purchase your products without leaving the platform.

3. Influencer Partnerships and Collaborations

Influencer marketing continues to be a powerful strategy in 2024. 

Partnering with popular influencers can help businesses reach new audiences and build credibility. 

But don’t underestimate micro-influencers. They are gaining traction due to their highly engaged and loyal followers.

Instagram collaboration with content creators

Even with a few thousand followers, some micro-influencers reach an audience of almost a million. And they charge much less than the popular names.

Tip: Collaborate with influencers who align with your brand values and have a genuine connection with your target audience.

4. Interactive Content Engagement

Engagement is one of the most important metrics in social media. 

The algorithm of most platforms revolve around this metric, which means higher the engagement, the more chances of your content reaching more people.

Interactive content, such as polls, quizzes, and live videos, is becoming increasingly popular. This type of content encourages active participation from users, making them feel more connected to your brand

Tip: Use Instagram Stories and poll features to engage with your audience in real time.

Try to engage people in the comments. We usually add the first comment on our post just to break the ice and encourage more comments.

5. Focus on Authenticity and Transparency

In 2024, everyone can see through you. 

Authenticity and transparency are more important than ever. Consumers are looking for brands that are genuine, honest, and socially responsible. 

People want raw and original content so that they can feel connected to you in deeper levels.

Sharing behind-the-scenes content, user-generated content, and stories about your brand’s mission can build trust and loyalty.

Tip: Be open about your business processes, values, and the impact of your products or services. Encourage customers to share their experiences with your brand.

Final Words

While people enjoy good storytelling and originality, sometimes copying trends helps to stay ahead. 

As long as people can connect and are engaged, your content can potentially reach millions. 

By embracing these trends, small business and startup owners can enhance their social media strategy, increase engagement, and drive growth. 

Keep experimenting, stay authentic, and leverage the power of social media to connect with your audience!

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