Observed Signal · Mar 1, 2023 · Trend Report · Source: CMSWire · Impact: 2/5 · Sentiment: Neutral

Social Media Trends 2023: Authenticity, Privacy, Diversified Ad Spend

Executive Signal Summary

This CMSWire article outlines social media trends expected for 2023. It highlights authenticity as a competitive advantage, the rise of smaller digital communities among Gen Z, continued growth of social audio, and more complex influencer marketing with micro-segments. The piece also advises marketers to diversify digital ad spend as retail media networks like Walmart and Instacart compete with social platforms, and to prepare for budget cuts and stricter attribution requirements. Privacy features, social commerce integration, VR/metaverse experimentation, mental health tools, and new analytics options are discussed. The article draws on eMarketer and Forbes data and quotes marketers Lisa Barone and Hajj Flemings.

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High Confidence

Broad editorial forecast covering social media, retail media, and marketer strategy; relevant but not industry-shifting news.

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Key Takeaways & Evidence Grounding

  • The acquisition of Twitter by Elon Musk occurred in 2022.
  • The article states Amazon's ad revenue is expected to surpass Meta and Google combined.
  • According to eMarketer, Gen Z consumers prefer welcoming spaces over platforms indifferent to trolls.
  • Forbes projects the metaverse will add $5 trillion to the world economy by 2030.
  • Meta's Horizon Worlds VR platform faced high costs and stalled user adoption.

Connected Companies & Entities

11 Entities mapped

“Virtual reality aspirations took a hit when Meta’s grand VR platform Horizon Worlds revealed high cost to the company while user adoption st...”

“Amazon's ad revenue is expected to surpass Meta and Google combined, driving platform choices for campaigns and customer experience....”

“Retail media such as Walmart and Instacart will challenge social media platforms to prove the value of digital ad spend alongside a tweet or...”

“Amazon's ad revenue is expected to surpass Meta and Google combined, driving platform choices for campaigns and customer experience....”

“Retail media such as Walmart and Instacart will challenge social media platforms to prove the value of digital ad spend alongside a tweet or...”

“Discord, Mastodon and Substack offer a variety of community experiences that speak to various interests....”

“Discord, Mastodon and Substack offer a variety of community experiences that speak to various interests....”

“According to Forbes, the metaverse is expected to add $5 trillion to the world economy......”

“According to eMarketer, Gen Z consumers prefer welcoming spaces over platforms......”

“Over the past two years, social media mavens flocked to Clubhouse, as well as social audio features in Twitter, LinkedIn and Spotify......”

“Over the past two years, social media mavens flocked to Clubhouse, as well as social audio features in Twitter, LinkedIn and Spotify......”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CMSWire•Published: Mar 1, 2023
Original Coverage Title: “What Social Media Trends to Expect for 2023”

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