This article is for our readers who are beginning to navigate the social media space, from commerce to social justice.
The pace and impact of change induced by social media are accelerating at a breakneck speed. Across the globe, social media platforms dominate everywhere on every single device. The upsurge in social media means users worldwide can connect from anywhere around the world at the click of a button.
How is the world changing?
Social media and its powerful revolutionary wave have brought about seismic transitions in our lives. The world for all the global social media users has changed in many ways. Our growing love for social media is transforming how we communicate; it is also transforming our business strategies and shaking up the professional world of work. Let's delve into how social media impacts our current world affairs.
● Impact on communication:
Communication is often closely tied with social media. The digital world doesn't only allow you to communicate anytime, but it also erases the geographical boundaries. Efficient communication across the globe has formed an interconnected community. Many people have joined hands to raise their voices against the acts of injustice worldwide and ignited meaningful conversations. #Metoo movements and #black lives matter illustrate this fact well.
● Impact on e-commerce:
The upsurge in social media means it's implausible to find an e-commerce business in today's world that does not reach its potential clients and prospects through social media platforms. According to one statistic, 90 percent of e-commerce businesses use social media as a yielding tool for promotion and marketing. An eclectic variety of media platforms help businesses to stimulate demand, generate insights, and render target product offerings. With e-commerce sales making $5 trillion globally, it is never too late to make an online business venture and effectively use social media.
● Impact on job opportunities:
There is a profound impact on the world of work and job opportunities due to social media. Professional media networks like LinkedIn and various other freelancing platforms. Such platforms help job candidates stand out and thrive in their professional lives. It also helps job applicants to create and market their brands. Hiring managers and services also make recruitment decisions as per social media information. According to various surveys, job candidates who excel in the latest social media skills are far more employable than others.
● Negative Impact of Social Media:
There is also a flip side of the social media narrative. Through excessive sharing of information, there is a higher risk to our privacy and crucial data. As a consequence, everyone is at risk of data theft, from individuals to enormous organizations. Cyberbullying has also emerged as one of the most concerning aspects of media. There are reports of victims fighting with depression and even losing their lives. Online platforms are incredibly addictive and hence, drastically decrease the productivity of the workplaces.
Bottom line:
Overall, the current impact of social media is intense and highly dominating in today's world. Like everything, social media has its fair share of benefits and challenges. It's hard to gauge whether the impact of social media is negative or positive. However, as long as you positively use social media, you can beat its downsides.
Great insight!