As 2024 involves an in depth, I’m reflecting on 10 key developments in social media, influencer advertising and marketing, and the creator economic system (in no specific order) which have formed the yr and what they imply going ahead.
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1. LinkedIn Emerges as a Platform for Influencer Advertising
LinkedIn emerged as a key platform for influencer advertising and marketing (a 2024 prediction of mine). Manufacturers more and more partnered with its rising ecosystem of creators, B2B influencers, thought leaders, and entrepreneurs. These people have belief and powerful relationships with the area of interest audiences manufacturers need to attain.
New options, corresponding to short-form movies and Thought Chief Adverts have made LinkedIn fertile floor for influencer advertising and marketing. Specialised businesses like Creator Match, Creator Authority, and Affect by Verbatim, which help manufacturers with sourcing, marketing campaign administration, and reporting, together with savvy creators brokering their very own offers, have been driving this shift.
Whereas some campaigns sparked buzz, others confronted challenges, together with creators failing to reveal sponsored content material.
Why It Issues: LinkedIn’s position in influencer advertising and marketing is poised to develop even additional in 2025, fueled by the rising curiosity in B2B influencer advertising and marketing. As manufacturers gather information on what works, more practical methods and clearer outcomes will emerge.
In accordance with 80% of B2B patrons, short-form video content material from influencers is among the many most trusted throughout the shopping for course of. So, count on an elevated give attention to LinkedIn’s video options in upcoming campaigns. However the success of those campaigns hinges on one important issue: transparency.
With out clear disclosure of sponsored content material, even probably the most impactful campaigns danger shedding credibility.
2. Everybody Will get Concerned in Affiliate Advertising
Online marketing continued to draw extra gamers. TikTok Store had a breakout yr, producing $100 million in gross sales on Black Friday alone, showcasing its capacity to show on a regular basis customers into influential salespeople.
YouTube additionally improved its YouTube Purchasing program with instruments that make it simpler for creators to create shoppable movies. Moreover, partnerships with Shopify, Flipkart, and Myntra expanded its service provider base and prolonged its attain into new areas.
Hyperlink-in-bio instruments started taking a extra lively position in internet online affiliate marketing. For instance, Linktree launched Linktree Outlets, permitting creators to embed affiliate hyperlinks from over 35 retailers into their pages.
Creator Storefronts additionally gained common as manufacturers relied on influencer suggestions to raise their eCommerce experiences.
But, probably the most notable transfer got here from TikTok, which started testing an integration with affiliate networks like Amazon, Walmart, Goal, LTK, Affect, and extra, permitting creators to natively add affiliate product hyperlinks to their posts.
Why It Issues: As manufacturers shift towards performance-based partnerships and algorithms scale back the significance of follower depend, they might transfer away from paying giant upfront charges for sponsored content material. As a substitute, hybrid offers that mix smaller assured funds with substantial performance-based commissions for driving actions are more likely to develop into the norm.
For creators, the unpredictability of brand name offers highlights the necessity for diversification. Those that haven’t already ought to strongly contemplate incorporating internet online affiliate marketing into their income methods to ascertain extra constant and assorted revenue streams.
3. Unified Feeds Turn into the New Customary
After years of constructing separate feeds for various content material codecs, platforms are actually shifting towards unified experiences by consolidating content material varieties right into a single, customized feed.
Fb introduced a unified video expertise, combining short-form, long-form, and dwell video into one feed. YouTube added dwell streams to its Shorts feed and started testing the mixing of long-form movies. Each strikes have been impressed by TikTok. Instagram additionally now permits pictures and carousels to seem alongside short-form movies within the Reels tab. Snapchat merged Tales and Highlight right into a single feed as nicely.
These shifts have additionally impacted metrics and creator monetization. Meta standardized Views as the important thing metric throughout all codecs and Snapchat simply launched a unified monetization program, the place creators can earn from advert income from Tales and Highlight content material.
Why It Issues: Unified feeds permit platforms to leverage suggestion programs extra successfully, personalizing content material for customers throughout codecs and making it simply accessible.
As extra content material varieties are built-in into these unified experiences, creators face much less stress to prioritize particular codecs and might give attention to creating content material, leaving it to the platforms to floor it to the fitting audiences.