Advertising News, Trends, Opinions, Case Studies
Threads, a new social media platform launched in July 2023, soared to 100 million users in just five days, challenging X (formerly Twitter). However, active users plummeted to 8 million by month-end, sparking questions about relevance. Despite concerns, Threads, with a few million active users, persists. To thrive, it must address usability issues and enhance user experience, as the average time spent dropped from 14 to 3 minutes by August.
The advertising industry in 2024 is constantly adapting to reflect societal changes. Key trends include personalisation and authenticity, with consumers desiring relatable content. Sustainability and social responsibility are critical, with brands focusing on reducing carbon footprints. Implementations of AR and VR provide interactive experiences, while voice search optimization and AI interaction advances. Brands are also utilizing short-form video platforms for rapid attention capture. Data privacy and transparency have become crucial due to rising privacy concerns and stringent policies.