Facebook is undeniably one of the biggest success stories in technology, and in business.
Now a household name, the company has evolved from a simple networking site for select college students to a multi-billion dollar empire, with close to two billion users worldwide.
So how has The Social Network evolved to became the giant it is today? The company’s extraordinary growth is at least partially attributable to its multitude of acquisitions over time.
More consumers today are seeking to engage with their favorite brands on social media networks. In fact, research shows that a third of Millennials actually prefer to communicate with businesses via social networks than through other mediums.
For this reason alone, building and maintaining a strong presence on social media is now vital to connecting with your customers, gaining new ones, and increasing awareness to your brand.
While Facebook continues to evolve social more generally, and Snapchat captures attention with its innovative visual tools, I do enjoy seeing how Pinterest is blazing its own path and developing unique products on their own accord.
Once not much more than a digital pin board application, Pinterest has evolved significantly in recent times – you might not necessarily be as aware of Pinterest’s development as you are of the other big platforms, but the changes are significant, and bear relevance for a great many brands looking to best utilize social and generate best returns.
The advent of social media has transformed the way people communicate and interact with others, as well with businesses they follow.
Before social media networks became popular, the only way business could interact with their target audience was via email and through traditional outreach tools, likes direct mail and telephone. Today, every business - from multinational organizations to fresh startups - has the opportunity to bring their brand closer to their target audience, immediately and on a wider scale than ever before.
LinkedIn has released a heap of updates in recent months – although some were re-introductions of old functionalities which they’d removed. But either way, LinkedIn’s added a wide range of tools and features, many of which have immediate, significant benefits, so it’s important to keep up.
Continuing on this line, last week, LinkedIn added access to their new, post-level audience insights via desktop.
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