The Next Big Social Network Does Not Exist

the next big social media network

One of the questions we are asked the most about social media is “what’s the next big thing”? What’s the next big social network? Where should companies be looking next? How can we get ahead of the curve and find the next Facebook, the next Instagram, etc.?

The answer may be a bit disappointing. Facebook seems likely to be the last of the mega-networks. It’s a rare and unique accomplishment to build a brand that talks to almost two billion people on a regular basis, a rare and unique accomplishment to connect 57% of the Internet-enabled human race. What’s next isn’t likely to be another single major player at all.

What’s next is more likely to be fragmentation.

More and more companies see an opportunity to specialize in an aspect of social networking and excel at it, something that sets them apart from the dominance of Facebook and its many media properties such as Instagram, WhatsApp, and Oculus. After all, if a new market entrant offers no significant features better than Facebook and its properties, chances are people will just stay with Facebook, since that’s where all our friends are already. Ask Ello.

What kinds of features might compel someone to spend less time on Facebook? Here are three classes of social networks you should probably pay attention to.

Chat Apps

First are the chat apps. These apps are incredibly popular, especially in parts of the world where SMS text messaging is expensive and Internet access is cheap. Apps such as Tango, WhatsApp (now a part of Facebook), Line, Kik, WeChat, Path, and others provide a friends circle without the “pollution” of commercial advertising that fills up Facebook news feeds. Serendipity and meeting new people is more difficult with these apps, but users make that tradeoff in exchange for being able to privately talk with their friends.

Anonymous Apps

The second class of social networks are the rise of anonymous apps such as Whisper, YikYak, etc. These apps remain popular because they offer a promise of semi-anonymity, which stimulates discussions that aren’t found in identified public social networks. It’s much easier to state something controversial when you believe that your identity is not at stake. In an era when your career can be ended by one tasteless tweet, anonymous apps have great appeal. Anonymous apps face significant challenges both from governments/law enforcement and investors, so tread carefully and don’t invest too much in them.

Media Apps

The third class of social networks that we should invest in are media apps such as Instagram, Snapchat, YouTube, Minecraft, Oculus, DeviantArt, etc. that have social aspects but are fundamentally about the creation of media. YouTube isn’t just a search engine, it’s also a social network. Content creation online is nothing new, but in an era when everyone is struggling to find their voice, versatile content creation sets an app apart.

These three classes of applications and social networks pose three very difficult problems for PR and marketing professionals:

1. They’re incredibly difficult to monitor.

The era of “full firehose” social media monitoring is over as more and more conversations occur behind closed doors in private chat groups, or on platforms where identity is completely obscured. Social analytics firm Radium One estimates that as much as 70% of all sharing occurs in “dark social”, social media for which we have no analytics:

darksocial.png

There will always be a place for public discussions and communities, but the trusted referrals and conversations will increasingly happen out of sight and out of monitoring tools’ reach. How much more powerful is a positive brand mention if no identity (and thus no social status) is tied to it?

2. They’re incredibly difficult to participate in at scale.

When consumers have conversations in invitation-only private spaces without brands, there’s no way to fight new fires or perform proactive crisis communications. The first signs of a problem will be when larger groups of people begin taking public action together – long after a decision has been made behind closed doors. Brands will largely be excluded from participation at the lowest grassroots levels or intercepting problems before they brome crises.

3. These changes will demand much more of brands.

Brands will need to become much more versatile at content creation just as a differentiator – the days of posting text status updates are all but gone. Most importantly, with many of the trend-setting conversations happening behind closed doors, brands will need to focus much more on what their brand actually means and stands for, since the only people who will be able to defend the brand in a million private conversations will be its advocates and evangelists. Closed-door communities are largely immune to astro-turfing and other popular (but dishonest) tricks.

None of these changes will happen overnight, or even in a couple of years. Facebook’s dominance isn’t likely to fade immediately, no matter how many times they change the newsfeed. These are large macro trends, not imminent changes, and brands will have a few years to make changes. That said, the top ways to future-proof your brand against these trends are to strengthen the brand with quality products, incredible service, and unique experiences that only your brand can deliver. Your brand’s future success hinges on your ability to get people talking about your brand without your participation. Build now for the day when your best fans and worst enemies will be largely invisible to you.

Christopher S. Penn
Vice President, Marketing Technology

Work at SHIFT

Posted on January 26, 2017 in Brand, Marketing, Public Relations, Social Media

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About the Author

Christopher S. Penn is an authority on digital marketing and marketing technology. A recognized thought leader, author, and speaker, he has shaped three key fields in the marketing industry: Google Analytics adoption, data-driven marketing and PR, and email marketing. Known for his high-octane, here’s how to get it done approach, his expertise benefits companies such as Citrix Systems, McDonald’s, GoDaddy, McKesson, and many others. His latest work, Leading Innovation, teaches organizations how to implement and scale innovative practices to direct change. Christopher is a highly-sought keynote speaker thanks to his energetic, informative talks. In 2015, he delivered insightful, innovative talks on all aspects of marketing and analytics at over 30 events to critical acclaim. He is a founding member of IBM’s Watson Analytics Predictioneers, co-founder of the groundbreaking PodCamp Conference, and co-host of the Marketing Over Coffee marketing podcast. Christopher is a Google Analytics Certified Professional and a Google AdWords Certified Professional. He is the author of over two dozen marketing books including bestsellers such as Marketing White Belt: Basics for the Digital Marketer, Marketing Red Belt: Connecting With Your Creative Mind, and Marketing Blue Belt: From Data Zero to Marketing Hero.
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