What’s Up Social Media?
A tumultuous playing space that is what Social media is. While Facebook has been dominating it consistently since almost a decade from now. Every once in a while there comes new emergent platforms that either make individual success on their own, get gobbled up by any of the major players in the market, or fail to blaze a spark of glory. The processes of seeing the next best thing since sliced bread and seeing something as addictive as Orkut become extinct.
The lengths and breadths of this part of the world have increased drastically, giving rise to a totally different category of market economics. The already All-Star players of the game are Facebook, Twitter, Linkedin, Google+, Youtube, Pinterest, Instagram, and Whatsapp. The tier two of the popularity frame is captured by Tumblr, Flickr, Reddit, Snapchat, and Quora. Although they haven’t reached the likes of the strong cats of the market but Vine, Periscope, BizSugar, StumbleUpon, Delicious, Digg, Viber, Wanelo, SlideShare, Shots, Ello, Hyper, Bebo, and This, have shown the spark that may entail stardom in the coming days. New ones are definitely not picked up from any rankings, rather seeing their popularity and potential in the future market. Everyone is not named here as well.
In this world, nobody knows how much time it takes for one platform to shoot up, and also which one. But the patterns and hype the new lineup is creating have definitely managed to put up a good dent in the market leaders’ loyal customer base. Stats may show different trends quoting that some players by the looks of it are here forever, as they have become a monopoly. Other platforms are still surfacing up and just waiting to hold onto their climb.
The social media scenario has been powered by giant powerhouses in the market like Facebook, Google, and a few others. They have gained an extreme leverage on the rest of the market it shares. Now, what to look forward to is the paradigm shift. The way character based interface was replaced by graphic based interface in the computer world. Will there be a flux of social platforms which will drive out the market giants in the coming days? That’s the question.