Published Oct 24, 2019

Where Is Social Media's Prime Real Estate?

Gary Vaynerchuk delves into social media's evolving real estate, highlighting the future of platforms like TikTok and LinkedIn and the transformative potential of voice technology. Offering entrepreneurial insights, he emphasizes the importance of value creation and staying agile in the ever-changing digital landscape to maximize consumer engagement.
Episode Highlights
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Episode Highlights

  • Organic Reach

    The current state of organic reach on social media platforms is a crucial factor in shaping effective strategies. emphasizes the unique opportunity TikTok and LinkedIn present, where users can achieve significant reach without prior following. He notes, "There are always times where organic reach is popping on a platform because there's more attention on the platform than there is content filling that attention" 1. This phenomenon mirrors the early days of platforms like Twitter and Facebook, where content could easily go viral, highlighting the importance of seizing these opportunities 2.

       

    Platform Evolution

    Social media platforms are constantly evolving, and understanding this evolution is key to leveraging them effectively. Gary explains how platforms like Facebook and YouTube have transformed from niche communities to mainstream giants, adapting to user needs and technological advancements 3. He shares, "I became a great creator because I was on social cam. I was on vine. I was on peach. I was on all these things that did not go on to win" 4. This adaptability is crucial for creators to maintain relevance and capitalize on emerging trends.

       

    Embracing Change

    Embracing change in social media strategies is essential to avoid stagnation and capitalize on new opportunities. Gary criticizes those who resist change, urging them to adapt to the shifting landscape of organic reach and platform dynamics 5. He argues, "If you're so sad about Instagram organic reach, why don't you go back to getting paid minimum wage and I'll give you your organic reach back?" 5. By recognizing the value of platforms like TikTok and LinkedIn, users can exploit their current organic reach potential before it diminishes 6.

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