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These are the user uploaded subtitles that are being translated: 1 00:00:04,150 --> 00:00:10,980 Social media marketing trends, the social media world changes faster than any other online space, 2 00:00:10,990 --> 00:00:13,480 and keeping up with it isn't an easy task. 3 00:00:13,840 --> 00:00:16,650 So here are a few trends you'll want to keep in mind. 4 00:00:16,660 --> 00:00:20,850 Most likely, these trends will impact not just this year, but also future years to come. 5 00:00:20,860 --> 00:00:22,600 First of all, is organic. 6 00:00:22,600 --> 00:00:23,770 Reach is down. 7 00:00:23,920 --> 00:00:29,410 A long time ago, a social media user could post something on their profile and easily grow their social 8 00:00:29,410 --> 00:00:34,810 media following after a few months and receive loads of friend request Commons shares and likes all 9 00:00:34,810 --> 00:00:36,510 because of their amazing content. 10 00:00:36,940 --> 00:00:39,680 But today, that's not happening anymore. 11 00:00:39,700 --> 00:00:45,340 In fact, most social media platforms are making it increasingly difficult to build an organic following, 12 00:00:45,670 --> 00:00:47,660 and it's not unintentional. 13 00:00:47,680 --> 00:00:48,400 Here's why. 14 00:00:48,940 --> 00:00:54,520 As the ability for organic superstars to shine goes down, something else goes up. 15 00:00:54,770 --> 00:00:56,450 That's right, ad spend. 16 00:00:56,800 --> 00:01:01,660 Of course, some platforms like Facebook are doing that already full force. 17 00:01:02,020 --> 00:01:05,530 But the truth is that it's the same for every social media platform. 18 00:01:05,860 --> 00:01:11,380 They make it more difficult for users to grow their organic platform so that businesses spend more money 19 00:01:11,380 --> 00:01:12,200 on ads. 20 00:01:12,550 --> 00:01:19,360 In fact, one change that Facebook made cost a 52 percent drop in organic reach proposed in just a few 21 00:01:19,360 --> 00:01:19,720 months. 22 00:01:19,750 --> 00:01:23,250 Remember, social media platforms are businesses. 23 00:01:23,260 --> 00:01:28,270 So if you're doing well right now, that doesn't mean you're going to be doing well in one year with 24 00:01:28,270 --> 00:01:29,390 the same strategies. 25 00:01:29,890 --> 00:01:35,440 Now, Facebook, Instagram, Twitter and every single other social media space wants to make money. 26 00:01:35,680 --> 00:01:38,770 And they do that by connecting you with paying customers. 27 00:01:39,040 --> 00:01:43,900 Ideally, they do that very well, but ultimately they are each in it for the money. 28 00:01:43,900 --> 00:01:48,250 So you have to watch out and measure your own efforts to see what works and what doesn't. 29 00:01:48,400 --> 00:01:53,080 Social media is becoming what's coined as pay to play. 30 00:01:53,350 --> 00:01:55,840 As organic reach becomes more difficult. 31 00:01:55,870 --> 00:01:58,090 Businesses have to pay to play. 32 00:01:58,420 --> 00:02:02,650 They can no longer trust savvy content marketing efforts to build a following. 33 00:02:03,010 --> 00:02:08,800 The more that social media algorithms prioritize ads, the more that businesses are willing to pay. 34 00:02:09,190 --> 00:02:11,920 This is why social media ad spend is way up. 35 00:02:12,190 --> 00:02:20,110 Advertising budgets for social media doubled from, let's say, 2014 to 2016, and by 2018 it amounted 36 00:02:20,110 --> 00:02:23,440 to more than eighty nine billion dollars. 37 00:02:23,560 --> 00:02:28,650 And this only goes up as we go into the trends of 2020 and on. 38 00:02:28,870 --> 00:02:30,190 I mean, let's be honest. 39 00:02:30,220 --> 00:02:31,510 We're not surprised here. 40 00:02:31,510 --> 00:02:33,910 I can imagine you're not surprised either. 41 00:02:34,240 --> 00:02:39,970 Makes sense when you find out that social media companies make practically all of their money from advertisements. 42 00:02:40,210 --> 00:02:46,720 In other words, social media is only free for users because advertisers are paying a lot of money to 43 00:02:46,720 --> 00:02:47,770 reach those users. 44 00:02:48,250 --> 00:02:50,430 The user is the product. 45 00:02:50,470 --> 00:02:53,860 There was a great documentary on Netflix about this. 46 00:02:53,860 --> 00:02:57,400 You can look up social media and they'll probably pop up. 47 00:02:57,640 --> 00:03:04,230 It shows this concept very well now because the user is a product to reach them, you have to pay. 48 00:03:04,810 --> 00:03:09,700 Fortunately, if you choose the right social media platform for your business to invest money into, 49 00:03:09,910 --> 00:03:11,810 that won't be too big of a problem. 50 00:03:12,100 --> 00:03:18,340 Most social media sites still have very reasonable ad costs, especially if you have thought through 51 00:03:18,340 --> 00:03:19,390 your advertisements. 52 00:03:19,390 --> 00:03:22,960 Well, after all, the better your ads, the less you'll spend. 53 00:03:23,170 --> 00:03:26,590 Now, the next trend to be aware of is channels are emerging. 54 00:03:26,950 --> 00:03:31,630 As entrepreneurs create social media websites, the possibilities become increasingly endless. 55 00:03:31,630 --> 00:03:33,520 And that trend isn't slowing down. 56 00:03:33,730 --> 00:03:38,800 As new ways of communicating, reaching customers and pulling leads developed, so do strategies that 57 00:03:38,800 --> 00:03:40,060 are equally innovative. 58 00:03:40,450 --> 00:03:42,760 Take, for instance, card abandonment emails. 59 00:03:43,000 --> 00:03:47,890 Once the only place to send and receive card abandonment messages was through email. 60 00:03:48,190 --> 00:03:54,500 It received something like in your inbox, Hey, you didn't sign up yet or you didn't check out yet. 61 00:03:54,700 --> 00:04:00,490 Now, however, Facebook Messenger and a ton of other messaging platforms are kind of equally viable. 62 00:04:00,520 --> 00:04:05,830 I mean, just the other day I was receiving a message on Facebook Messenger about me not having checked 63 00:04:05,830 --> 00:04:06,730 out at something. 64 00:04:06,760 --> 00:04:09,250 So why is this so important? 65 00:04:09,580 --> 00:04:15,700 Channels are changing and the way marketers use them is changing even more as more and more social media 66 00:04:15,700 --> 00:04:17,020 sites find their footing. 67 00:04:17,020 --> 00:04:22,330 Expect the merging of different marketing channels to happen even more than it already has. 68 00:04:22,600 --> 00:04:29,920 Just like Facebook did messenger with email, Kaat Abandonments suddenly became a multi-platform thing. 69 00:04:29,950 --> 00:04:34,330 Now, another trend you could be looking into is that tools are going to be merging. 70 00:04:34,750 --> 00:04:36,670 But it's not just the channels that are merging. 71 00:04:36,670 --> 00:04:39,160 The social media tools we use are also merging. 72 00:04:39,460 --> 00:04:44,320 How many times this week, for example, have you logged into a SaaS product with Google or Facebook? 73 00:04:44,320 --> 00:04:46,510 Instead of creating new login credentials? 74 00:04:46,870 --> 00:04:51,690 As more tools flood the Internet, all of it becomes cluttered for the users of those tools. 75 00:04:52,150 --> 00:04:57,970 Fortunately, marketing tools all around the Internet are working to integrate seamlessly with the Giants. 76 00:04:58,000 --> 00:04:59,560 Take MailChimp, for example. 77 00:05:00,250 --> 00:05:03,520 MailChimp is an email marketing software and users can create. 78 00:05:03,640 --> 00:05:09,370 Facebook ads natively from their MailChimp accounts, they can do so to target their email subscribers 79 00:05:09,370 --> 00:05:14,410 or create a look alike audience from their current subscribers, the more that this happens between 80 00:05:14,410 --> 00:05:19,620 social media platforms and SaaS companies, the easier time you'll have marketing to your target audience. 81 00:05:20,020 --> 00:05:25,510 Really, this merging of online tools is a good thing for your business, and more than likely it isn't 82 00:05:25,510 --> 00:05:27,460 going to slow down anytime soon. 83 00:05:27,580 --> 00:05:33,160 With these trends in mind, it's time to look at some of the most popular platforms for each platform. 84 00:05:33,160 --> 00:05:37,840 I'll give you a short history of how it came about, where it's at right now, and what the context 85 00:05:37,840 --> 00:05:41,980 of the platform dictates and how to come up with great content for it. 86 00:05:42,370 --> 00:05:46,150 We'll start with the biggest beast of all, Facebook. 8914

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