The beginning or near the end of Social Media?

So we are all in agreement that social media is alive and kicking and has a strong grip on a growing number of adults across the UK, more people spending more time on these platforms being the constant reports of independent surveys.
We do from time to time hear that certain stats showing that the popularity of some platforms are fading, recently Facebook being one of the major portals where it was rumoured that membership figures are down, or at least the rate of growth is decreasing. So, is social media slowing down and coming to an end, or is it just beginning?
Time flies and it is already approximately 10 years that we have had social media in our lives and in the last 3-4 years it has been firmly adopted by businesses and media channels as one of the most responsive marketing techniques for their products and services. Is it now time that we are all a little too bored with likes, tweets, hashtags and shares in our lives – Are we now in need of something new?
Social media still has many new advancements up it’s sleeve with the likes of Pinterest and Twitter venturing in to allowing users to sell products on their platforms by sharing images / tweets opening up a whole new selling channel for businesses to take advantage of. This would suggest that we’ve still someway to go with social media, with many new additions for them to offer us still and keep us onboard and importantly for businesses, new ways for us to spend money whilst spending time on them.
So, is social media soon to be a thing of the past? What about me sticking my neck out and saying “can we live without social media now, has it too much of an important part in our lives“? We can now sit on the sofa whilst watching television with a second screen in our hands (our mobile phones, tablets, laptops) and catch up with the latest in news, what our friends/family are upto, view promotions from our loved brands, order takeaway food, engage with popular TV shows via hashtags and even tweet directly to the celebrities and stars themselves. Surely this form of communication, social media, has no chance of leaving us anytime soon?
I reckon 2015 will see the spending by the big corporations being increased for social media, surveys will report that consumer spending on social media will show positive upward figures that it will soon be rivaling spending via websites. There will be many more news stories shared on businesses being launched and becoming successful purely via social media, maybe we’ll have more and more ‘social media millionaires’.
I can certainly share that I meet more and more people / small businesses that are growing their profits from social media, many people have the likes of Youtube channels that bring in £1,000’s every month from advertising revenues or have Twitter accounts / Facebook groups that they can charge to share content across them. One person has a LinkedIn group of over 200,000 within one industry sector and has it sponsored by a national company.

Property search activity will increase on social media and no doubt there’ll be more platforms / softwares launched to take advantage of consumers spending leisure and research time on social media. Rightmove, Zoopla and other major property portals will stay and rightly so have their strong hold in the industry, but I am sure they will be investing more time in to social media and making things easier for property listings to be found – They’ll want to be on the channels that their target audience are frequenting (I am sure that estate agents will want them to be most active on the most active channels).

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Placemaking around rail is a winning blueprint

The Government has announced that around 40,000 new, high-quality homes will be built on surplus railway land, as the Transport Secretary, Heidi Alexander, unlocks brownfield sites across the country for development. Richard Beresford Chief Executive of the National Federation of Builders (NFB), said: “The Government has a chance to set a new standard in placemaking…
Read More
Rightmove logo
Breaking News

Rightmove: Average two-year and five-year fixed mortgage rates now level

Rightmove’s daily mortgage tracker shows that the current average two-year fixed mortgage rate is currently level with the average five-year fixed mortgage rate.   Both the average two-year fixed rate, and five-year fixed rate are currently 4.52% Prior to July 2025, the last time this was the case was in September 2022 before the mini-Budget…
Read More
Breaking News

UK Homemovers Relocating Over 50 Miles

UK Homemovers Now Relocating Over 50 Miles as Buyers Seek Better Value Beyond the City The latest research by GetAgent Exchange, a platform enabling estate agents to monetise out-of-area applicant leads, has found that UK long-distance movers are now relocating an average of 52 miles from their original location, rising to over 80 miles in…
Read More
Breaking News

Beach hut values soar by as much as 100%

The latest research from over-50s property specialists, Regency Living, reveals that it’s not just demand for bricks and mortar that is pushing up house prices in Britain’s most desirable coastal locations, with the average price of a beach hut soaring by as much as 100% in some seaside towns. High cost of coastal homes England’s…
Read More
Breaking News

Revealed: the most lucrative shared living postcodes

New research from COHO, the HMO management platform, reveals that the shared living market in England & Wales generates an estimated monthly rental income of £1.4bn. But which postcode areas are creating the most income from shared living? How much are HMOs making in your postcode? Find out here COHO has analysed the estimated number…
Read More
Breaking News

Mortgage approvals continue to climb in June

The latest mortgage approval data from the Bank of England figures show that: – Mortgage approvals on house purchases for June sat at 64,167 up (+1.4%) from 63,288 in May. This signals two consecutive months of growth. Approvals are also up (+5.6%) when compared to the 60,761 seen in June 2024. This growth is positive,…
Read More