Two recent articles present some interesting information about how the Internet is changing. One is in a eMarketer and the other in an article in Wired magazine.
The first talks about demographics on social media and points out how it is changing to an older crowd.
In the group between 50-64, 47% use social media. This is a substantial representation. In the prime age group of 30-49, over 60% use social media. Facebook logged its 5oo millionth user in June of this year. That is a huge audience. And this is a worldwide group. Remember that this is more people than live in the United States.
These age groups tend to use the media in different ways from the younger group, an important consideration for marketers. Older users are involved in Facebook and Linked In, and have other differences in their pattern of use.
Ad spending for social media is also changing. This indicates that bigger c
ompanies recognize the appeal of this size audience and are working heard to find a position in it where they can capitalize on the attention that people pay to this medium. If you are in a retail business, you have to take this market seriously.
In the other article, the emphasis is on how traffic on the internet is changing. Keep in mind that there is a distinction between the web and the Internet. In broad terms, the Internet is the highway, and the web is destinations. That is an oversimplification, but useful and easy to remember.
This article points out that the volume of traffic on the Internet that is devoted to the web is now only 23% of the total volume of traffic! Keep in mind, this point is about traffic, not visitors
. As marketers, we are interested in visitors. Traffic that comes from watching videos or listening to music consumes more bandwidth than traffic going to and from web sites, and that accounts for some of the huge change in where the volume of traffic comes from, but it still points to big changes in how the Internet is used.
What do these changes mean to your business, both in terms of threats and in terms of opportunities? It will certainly depend upon what segment of business you are in and what the demographics of your audience are, but no one will be unaffected by these changes. Pay attention so you will be on the bus instead of under it!