Author of Social Media Predicitions For 2010

Social Media Predicitions For 2010

December 28th, 2009 by Niall Harbison in Social Media

Like it? Tell your friends!

Social Media PredictionsWhat a year 2009 has been for social media. It has swept into the consciousness of most people around the world and is starting to be embraced by brands and businesses who see it as a key way of both communicating and selling to their customers. You can see the top 50 social media stories of 2009 here but we wanted to take a look into the future and see if we could have a look at where we are headed over the next 12 months. Predicting the future can be a tricky and foolish business that in hindsight can make you look foolish and with social Media being one of the fastest moving industries around we are setting ourselves up for a big fall with our predictions but it is still worth a shot…

Facebook To Monetize

There is no doubt that this is well under way already but this will be the year that Facebook moves further towards that IPO by starting to monetize their close to 400 million users. You will see an increasing amount of micro payments being made through the platform and this could be the year where we see brands actively selling goods through Facebook. Facebook have been on a land grab of users over the past 12 months adding a reported 650,000 new users per day and that will continue this year (might we even see them approaching the 1 billion active user mark by the end of 2010?) but the emphasis has already started to shift and Facebook seem to be trying to cosy up to large brands all over the world to attract the advertising dollars. Expect Facebook to roll out more features like Fan Pages this year to attract even more brands and expect plenty of brands to be seduced by Facebook because we all know that brands go where the eyeballs are and at the’ moment that is without a doubt Facebook.

Mobile Social Media

We often hear that this is going to be the year of the mobile but I have never really thought that until this year. There are a number of reasons for that and the main one is the increasing amount of people with good handsets. Don´t just think of all the cool kids with iPhones but now your mum and dad are going to be spending a large amount of time online as well. There are some other factors like offices blocking social media sites and users starting to bypass that by using their mobiles and better tariffs from the operators.

The Numbers Will Be Forgotten

2009 was very much the year of people trying to get as many followers as possible but things will get a little more exclusive in 2010. Less will become more and social networks will focus more on the people you actually know and trust. The noise factor will be taken out of social media and the tools and services that we all use will focus their attention on the quality of information that we all digest rather than the sheer volume that we currently get in our streams.

Twitter Equals Customer Service

2009 was a year of explosive growth for Twitter and lots of brands jumped in head first and started to talking to their customers and in a lot of cases trying to sell to them directly. Despite stories from the likes of Dell claiming to have made over 6 million dollars in sales the success stories on Twitter have actually been few and far between with regards to sales. Growth has cooled at Twitter recently and we see that trend continuing in to 2010 no matter how many new features they roll out. Brands and businesses will see the power of Twitter for customer servioce tool and to that effect you can expect Twitter themselves to roll out professional accounts where they can slowly start to monetize their user base. Very much in the same way that Facebook introduced Fan Pages Twitter will roll out a new area for brands that will allow increased interaction and possibly different types of content. This will be a year of consolidation for Twitter, a year where brands and businesses figure out how to use it effectively now that all the silly rushing for followers and novelty has worn off.

Location Based Advertising

We are seeing this start to sprout up with very early adopters on services like Gowalla and Foursquare but their user base is still tiny and at the end of the day they are based around a game which is not going to be to everybody’s taste. What is immediately clear however is that there is an appetite for location based services and Foursquare has tapped in to this very early on. I don´t expect the masses to be flocking to these niche plays and instead expect Google who love collecting our advertising money and have tons of location data or even Facebook to enter the market and really get the mainstream tuned in to location based advertising. I expect hyper local advertising for businesses or all shapes and sizes to be a huge emerging factor not just this coming year but for many years to come.

Apple Tablet

For those of you living under a stone for the last couple of months there have been a lot of rumors about a new apple tablet device that would be somewhere between a giant iPhone device and a space shuttle depending on which rumours you are listening to. The truth is that just with the iPhone nobody really has a clue but whatever it does look like and actually do it will more than likely revolutionize the whole tablet market and create huge hype. I think even Apple were taken aback by the overall success of the app store and they will no doubt try and tap in to that success further with the huge amount of possibilities that a larger screen and faster computing power open up. Expect this to be the most hyped story of the year (probable launch in January) with developers flocking to the new platform.

If the coming year is even half as exciting for social media as the one we have just seen then we are going to be in for a lot of progress and fun. Here is to 2010 being a good one :)

Possibly Related Posts:


Comments

  • [...] An interesting post today. Here’s a quick excerpt: Having a look at some of the stories that are going to be getting all the attention in 2010. Read the rest of this great post Here [...]

  • Kevin says:

    First time I’ve read a blog say this (well, one in my feed anyway)… but I have to disagree. 2010 will be the year that people get fed up with Facebook and the terrible apps flooding their streams as FB desperately tries to monetise and become a new google.

    The same goes for Twitter. Sure, people have stopped searching for millions of followers in order to maintain a more relevant timeline, but Twitter is going to die a death. No business plan, the chance of having ads and/or premium services and a huge influx of spam will kill it off. Throwing ads at a service that is, essentially blogging’s answer to SMS is not the way to monetise.

    Something new will come along, and the two will die. Just like myspace and the like.

    • I have heard a lot of people saying the same thing about Facebook recently and TBH i don’t use4 it myself personally but the numbers really don’t lie and not just for the amount of people on it but the amount of time they are spending on it, 20 minutes per day on average! The apps on Facebook are a problem and why I don’t use it but so many people do, I guess they are a great time filler if you have plenty of it on your hands!

      I’d agree on Twitter as they are clearly already having growth issues and as you say that is without a business plan or trying to monetize yet. Tricky year ahead for them!

      Something new will of course come along and then everybody will flood over to that.

  • Yeah! Screw the numbers. I’d like to see all companies do twitter as customer service. I want them to be reliable and feel the pressure of having to take care of their customers ;)

  • Great projections Niall… Social networking is something I really want to utilize much more in 2010 and even look at some of the smaller platforms.

    I believe 2010 will be much more about customer service and personalization. Gary Vaynerchuk mentions this in his book “Crush It”, that building personal relationships with our followers is key. Taking the time to acknowledge the people who are acknowledging you is just good business.

    Good stuff and have a HAPPY NEW YEAR!!!

    • Jason you are smart to be looking at the niches because that is where the real power lies. Instead of joining all the people fishing in the big oceans that are Twitter and Facebook there are plenty of opps in small ponds (ie small social networks with passionate people within their niche)

  • I am still on the fence with social media. I hate being spammed, and it seems like that is where social media is heading. It is great to stumble onto a group that has similar interests, a tweet that you found useful, but now its getting to the point that I have to filter out the good from the bad their as well and that is time consuming. I live day to day with social media, but I think its here to stay, but its impact has already been made and don’t expect anything new and exciting coming my way from it.

    • Tyler I think you have summed up the biggest challenge that is facing the whole industry at the moment and it is basically the huge amount of noise! There are so many brands and individuals out there trying to get your attention that it is hard to just have a conversation with the people in your network and get the quality information which is what it is all about. It is a problem but there are enough smart people at Facebook and Twitter to make sure it is filtered out and hopefully that will be the biggest challenge this year going forward. There will be more exclusivity to your networks and like I say in the post less will be seen as more and hopefully the numbers game will be forgotten!

  • Hi Niall,

    Yet again another solid post to end the year on. Some good predictions, it’s an exciting time for twitter next year.

    2010 for me is about replying to everything, I have written a few posts about the importance of it.

    The main thing though I am looking forward to seeing what happends with simplyzesty in 2010!

    Keep up the good work

  • Ah you don’t need to worry about us we will just be here banging out new blog posts every day for the next year as you will no doubt yourself :)

  • [...] other predictions, Niall Harbison believes social media will focus more on the ‘quality of information’ than the [...]

  • Shane says:

    Very interesting post!
    I wonder about your prediction that “the numbers will be forgotten”. Are there trends pointing in this direction? I’m a bit of a social media moron, so this is a sincere question.

    It seems to me that numbers of followers/subscribers/viewers is something like a currency in social media. I don’t really see people going for less in this regard…

    Cheers,
    Shane

Leave a comment