SUMMER’S OVER… AND SO ARE SOCIAL TRENDS!
Is it time to rethink our approach to social trends
While marketers and social agencies chase down the new social trend, the Holy Grail feels as mythical and ethereal as ever. If this summer has proven anything, it’s that we need to rethink our approach to social trends.
Trends vs. Shifts: A Crucial Distinction
It’s time we start differentiating between social trends and social shifts. Trends are like summer flings — exciting but short-lived. On the other hand, social shifts are the tectonic movements that are shaped by behavioural, attitudinal, and algorithmic changes that require our attention.
The Folly of Trend Chasing
Trends, by their nature, are transient and temperamental. Admittedly they are often spawned from a real-life cultural moment. Spending the time to uncover the causation behind the trend is certainly worthwhile. However, jumping on a bandwagon trend for the sake of it will usually result in very little value whatsoever.
Why? Because by the time you’ve noticed more than one brand jumping in, it’s already too late.
And by the time the US presidential candidate references ‘Brat Girl Summer’, you know the trend is over!
In fact you could argue that brands are contributing to the fleeting nature of trends. The general public are social-media savvy, and if it looks like brands are getting involved to garner a few extra views….the trend dies. It’s been snatched from the people that created it.
Brands can of course be part of, and even shape culture, but trying to capture the cultural zeitgeist by blindly running from one social trend to the next is not a strategy for success.
The Underdog Advantage
The brands that do succeed are often smaller organisations where it feels less capitalistic. Take the current trend, ‘letting our Gen Z colleague write our marketing script’. Aside from Currys who did achieve first mover advantage; it’s zoos, museums and other local non-for-profit organisations that get it right.
These smaller companies have far more good will over their big global counterparts, and they can also move much faster. Their risk versus reward nearly always shows upside for the smaller guys. Getting it right means incredible coverage and awareness. Getting it wrong, won’t wipe millions from their market cap or lose a huge amount of credibility for the brand.
Embracing Social Shifts
Unlike trends, social shifts are longer-term changes that fundamentally alter how we create and distribute content on social platforms. Understanding these shifts can give our clients a competitive edge.
Here are a few current examples:
TikTok Evolution: Understanding TikTok’s move to social selling and search, and how your brand can be discovered ensuring you stand out versus your competitors
Passive Consumption: If the UK adult population isn’t posting as much, what does this mean for branded content?
Algorithm Changes: The IG algorithm now favours content shares and DM activity over likes and engagement, significantly impacting the content we are creating for our clients
Video Editing: How a video is produced and edited can significantly affect its performance. Proprietary AI technology analyses social video efficacy to incredible levels of granularity. For example, which are the most effective camera angles or best backdrops in a certain scene to improve performance.
So as the seasons change, it’s time to leave behind those transient trends and focus on the social shifts that will have far more impact on your business…
Or (shameless plug) contact THE FIFTH for help sam.coleman@thefifthagency.com