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Has Social Networking Content Plateaued ?

Study Shows Social Media Content Has Slowed…

Flat Line

As marketers and advertisers, we all know the power of Social Media and its ability to tap into the lives of millions of people. We’ve watched as industries such as Facebook and Twitter have taken over conventional forms of advertising and marketing and transformed them into technology savvy, multi-billion dollar industries. In today’s world, the internet rules almost everything. Industries now have the ability to control who they want to reach, when they to want reach them and how they want to reach them. Social Networks are now a must for business owners and are helping drive sales and increase profits like never before. New businesses are finding it effective and rather affordable to launch Social Media campaigns. For example, Facebook offers ad campaigns (CPC and CPM) for as little or as much money as you want to spend. Twitter has reached over 2 million tweets and is now talking about releasing a new “promotional” platform to help drive even more traffic and followers to businesses. With over 55 million users, it seems that social networks are here to stay and will continue to grow. But in a recent study performed by Forrester, it seems as though the creation of new social media content might have reached its peak. Here’s what the study had to say”

With 500 million people using Facebook and Twitter seeing more than two billion tweets per month, one would assume that social media usage is skyrocketing. New research from Forrester suggests that while participation is on the rise, actual content creation may not be.Forrester’s Social Technographics Profile analyzes consumer social behaviors and trends on an annual basis. Forrester classifies social network users by type: Creators, Conversationalists, Critics, Collectors, Joiners, Spectators and Inactives. In the past year, their research shows no measurable growth in the Creators category — the audience that creates social content.

In the U.S., the Creator audience has actually dipped a percentage point from 24% in 2009 to 23% in 2010. Japan was the only country measured to show a rise in Creators, growing from 34% to 36% in the past year.

When it comes to social media, it would seem then that the average user feels most at home taking more passive actions, and that a majority of content creation is primarily limited to the existing content creator crowd. As Forrester reports, “One-third of online consumers in the U.S. regularly watch user-generated videos on sites like YouTube. But only 10% of U.S. online consumers upload videos they’ve created to public sites.”

Still, social networking is on the rise, according to Forrester. In the Joiners category (those that join social networks), most countries surveyed saw significant increases, including the U.S., which jumped from 51% to 59% between 2009 and 2010.

Can it be ? Is the social powerhouse dwindling ? Take a look at these charts and you be the judge!Social Media Chart

Let us know what you think about this article and the current state and future of social media. How do you feel about these numbers ? Please leave your comments below as they are always welcomed.

 

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