Yahoo Web Search

Search results

    • What is social media? | McKinsey
      • But that’s a bit pedantic: social media as we know it probably began in 1997 with SixDegrees—a short-lived social-networking website for making friends. Personal blogs became popular with the launch of LiveJournal in 1999. And the early 2000s saw the launches of the now-ubiquitous social-media platforms LinkedIn and Facebook.
      www.mckinsey.com › featured-insights › mckinsey-explainers
  1. People also ask

  2. May 28, 2020 · Social media has evolved from a platform for virtual community to a vital business tool. Explore the ways marketers use social media to reach consumers.

    • When Did Social Media Start?
    • What Are The Different Types of Social Media?
    • Who Uses The Most Popular Types of Social Media?
    • What Are The Four Primary Social-Media Functions For Businesses?
    • What Is Social Commerce?
    • What Are Some of The Risks of Social Media For Businesses?
    • What Effect Does Social Media Have on Customers’ Purchasing Decisions?

    If social media is just a means of mass communication, you could argue that the telegraph, invented in 1844, was the first of its kind. But that’s a bit pedantic: social media as we know it probably began in 1997 with SixDegrees—a short-lived social-networking website for making friends. Personal blogs became popular with the launch of LiveJournal ...

    Social media has revolutionized how people socialize, do business, shop, date, come up with ideas, and get news. It’s limitless. There are now so many platforms that it can be difficult to keep track (sure, you’ve heard of TikTok and Snapchat, but what about BeReal and Yik Yak?). And it’s changed the way that businesses connect and transact with th...

    We know that billions of people all over the world are using social media. But who are they? According to a 2021 survey of more than 1,500 American adults conducted by the Pew Research Center, approximately 84 percent of respondents between the ages of 18 and 29 reported that they habitually use at least one form of social media. A majority of thes...

    As we’ve described, social media has myriad uses, and everyone seems to be on a platform for a different reason. It can be difficult for businesses to keep up with platforms’ functionalities and demographics. McKinsey has pinpointed the four primary functions of social media for businesses—to monitor, respond, amplify, and lead consumer behavior. T...

    Social commerce is when customers browse and shop directly on social-media platforms. It’s already a core feature of e-commerce in China, but this new way of buying is growing rapidly in the United Statesas well. In 2021, $37 billion in goods and services were purchased through social-commerce channels in the United States, and that figure is expec...

    Despite social media’s opportunities for business growth, using such platforms for marketing introduces many challenges. Here are five social-media risksto be aware of: 1. Customer expectations vary across platforms. The most popular platforms—such as Facebook, Instagram, and TikTok—have many users who are relatively young. But beyond that, demogra...

    Before the use of social media for marketing, businesses relied on media such as newspapers, radio, and television. Companies had to spend a lot of money if they wanted to reach a broad audience, and even then, they couldn’t use the platforms to monitor, respond, amplify, and lead consumer behavior. Today, social media has made it possible for mark...

    • Social media started in the early 2000s. MySpace was the first social media site to reach a million monthly active users – it achieved this milestone around 2004.
    • Facebook dominated the social media market for a decade, but five other platforms also have more than half a billion users. With 2.3 billion users, Facebook was the most popular social media platform in 2019.
    • Some social media sites are particularly popular among specific population groups. The aggregate numbers mask a great deal of heterogeneity across platforms.
    • In rich countries, almost all young people use social media. From a back-of-the-envelope calculation, we know that if Facebook had 2.3 billion users in 2019, then at least 30% of the world was using social media.2 This is just an average – usage rates were much higher for some world regions, specifically for some population groups.
  3. 2 days ago · Social media, communications on the Internet (such as on websites for social networking and microblogging) through which users share information, ideas, personal messages, and other content (such as videos). Social networking and social media are overlapping concepts.

    • The Editors of Encyclopaedia Britannica
  4. Jul 11, 2023 · Globally it's estimated that 4.89 billion people are using a form of social media in 2023, according to statistics from Statista. What is social media? There are many forms of digital communication, but not all are considered social media.

    • Madeleine Streets
    • 3 min
  5. Apr 6, 2023 · We’ve compiled some of the most pivotal “moments” in social media’s history, from the very first social networking site to brand-new apps.

  6. Dec 25, 2020 · But the real genesis of social media can be traced back to the early days of blogging in the late 1990s and early 2000s, when brave media innovators decided to take on the mainstream media world with quirky, fun, independent blogs that covered everything from technology to entertainment.

  1. People also search for