Great News - Social Media Is Falling Apart...
Summary
TLDRThe video script discusses the impending challenges facing the social media landscape, predicting a potential collapse of the creator economy due to algorithm changes, ad revenue decline, and saturation of content. It highlights the importance of adapting to new content strategies, building authentic audiences, and the need for creators to understand and evolve with the changing digital environment. The speaker emphasizes the value of perseverance, strategic content creation, and the potential for a shift towards longer-form content on platforms traditionally known for short-form videos.
Takeaways
- ๐ฎ Social media is predicted to undergo significant changes, possibly even a collapse, affecting content creators, agencies, and brands.
- ๐ The introduction of paid social media in Europe could lead to a decrease in ad revenue for creators as more users opt for ad-free versions.
- ๐ก Content creators will become the primary revenue drivers on the internet, necessitating brands to focus on creators with authentic audiences and quality content.
- ๐ Return on ad spend (ROAS) with influencer posts is declining, making it difficult for brands to justify high costs for sponsored content.
- ๐ซ The saturation of social media platforms with both high-quality and mediocre content is making it harder for creators to stand out and gain traction.
- ๐ก Authenticity and long-term vision in building a personal brand are becoming more crucial for creators to succeed in the competitive landscape.
- ๐ In-platform ad revenue splits are becoming less important as platforms struggle to monetize short-form content effectively.
- ๐ There's an increasing need for creators to diversify their income streams, including sponsorships, affiliate marketing, and creating their own products.
- ๐ The creator market is transitioning from a 'bull market' to a phase of potential downsizing and strategy changes for agencies and creators.
- ๐ Persistence and long-term commitment are key to creator success, as many who started strong have faded away due to lack of adaptation or giving up during rough patches.
- ๐ Creators need to continuously adapt, innovate, and experiment with different content formats to stay relevant and engage their audience in a saturated market.
Q & A
What does the speaker believe is the current state of the social media landscape?
-The speaker believes that the social media landscape is on the verge of a collapse, with significant changes expected in the coming year or two.
What is the speaker's view on the future of the Creator economy?
-The speaker predicts that the Creator economy will be significantly shaken, with many content creators, agencies, and brands disappearing if they are not aware of the upcoming changes.
What was the starting point of the potential end of social media as we know it, according to the speaker?
-The speaker identifies the introduction of paid social media by Meta for European users as the starting point of the potential end of social media as we know it.
Why does the speaker think that ad revenue for creators will eventually crash?
-The speaker believes that as more people sign up for the ad-free version of social media platforms, the number of people seeing ads will decrease, leading to a crash in ad revenue for creators.
What is the speaker's opinion on the importance of content creators becoming the revenue driving force on the internet?
-The speaker thinks that content creators will become the most important revenue driving force on the internet, especially as traditional ad revenue sources decline.
What problem does the speaker highlight with the current return on ad spend (ROAS) with influencer posts?
-The speaker points out that ROAS is crashing, making it difficult to find midsize creators who can provide a good return on ad spend, with many campaigns resulting in significant losses.
Why are super big influencers facing challenges in the current social media climate?
-Super big influencers are facing challenges because their high fees for sponsored content are becoming less viable for brands due to the saturation and changing dynamics of social media platforms.
What is the 'short form curse' mentioned by the speaker, and how does it affect content creators?
-The 'short form curse' refers to the difficulty platforms like Instagram and TikTok are facing in monetizing short form content, which is affecting content creators by reducing their potential revenue streams.
What does the speaker suggest as a long-term solution for creators to succeed in the changing social media landscape?
-The speaker suggests that creators need to acquire a comprehensive skill set, including scripting, editing, camera presence, and understanding audience engagement, as the only viable long-term solution to succeed.
What advice does the speaker give for creators looking to grow on any platform?
-The speaker advises creators to create short form videos with a strategy in mind, focusing on quality content that resonates with the audience, rather than just posting random content.
How does the speaker describe the current situation of new creators looking for instant gratification?
-The speaker describes new creators as looking for instant gratification, wanting quick results in terms of likes and followers, which is leading to a lack of meaningful connection with their audience and a focus on short-term gains over long-term growth.
Outlines
๐ฎ Predicting the Future of Social Media and Creator Economy
The speaker predicts a significant shift in the social media landscape, suggesting that the current model may be on the brink of collapse. They discuss the potential long-term effects of paid social media options in Europe, which could lead to a decrease in ad revenue for creators as more users opt for ad-free experiences. The speaker emphasizes the importance of content creators becoming the main drivers of revenue on the internet and the need for brands to identify and support creators with authentic audiences. They also highlight the challenges faced by midsize creators in providing a good return on ad spend and the saturation of the influencer market, which may lead to a 'crash' in the creator economy.
๐ The Downfall of Creator Monetization and the Rise of Authenticity
This paragraph delves into the obsolescence of in-platform ad revenue splits and the challenges of monetizing short-form content, as evidenced by recent changes on platforms like Instagram and TikTok. The speaker argues that the inability to sustain short-form videos financially does not imply creators should stop making them, but rather they should be strategic with sponsorships and consider alternative revenue streams like affiliate marketing and product creation. The speaker also reflects on the 'creator bull market' and the saturation of the market with both high-quality and mediocre content, making it difficult for new creators to stand out and for audiences to find meaningful content.
๐ Overcoming Creator Saturation and the Quest for Authentic Engagement
The speaker discusses the influx of new content creators and the resulting saturation of platforms, which has led to a decrease in the average reach of posts and a subsequent drop in user engagement. They highlight the issue of new creators seeking instant gratification and the disillusionment that sets in when quick success does not materialize. The speaker shares anecdotes of creators leaving platforms due to a lack of immediate results and reflects on their own experience of slow growth and perseverance, emphasizing the importance of long-term commitment and strategy over short-term gains.
๐ฏ The Importance of Persistence and Adaptability in Content Creation
In this paragraph, the speaker stresses the importance of persistence and adaptability for content creators. They share personal experiences of slow growth and a focus on creating meaningful content rather than chasing quick success. The speaker observes that many creators who started with them have quit due to challenges, but their commitment to long-term goals has allowed them to endure. They predict that platforms may experiment with new content formats and advise creators to stay attentive and be willing to try new approaches to keep their content fresh and engaging.
๐ The Creator's Toolkit: Skills and Strategies for Long-Term Success
The final paragraph emphasizes the necessity for creators to develop a comprehensive skill set, including scripting, editing, and understanding audience psychology, to succeed in the long term. The speaker argues that most creators who take the easy route will not persevere, while those who invest in mastering the craft will ultimately thrive. They encourage creators to experiment with different content formats and strategies, using the current transitional phase in social media as an opportunity to innovate and stand out from the competition.
Mindmap
Keywords
๐กSocial Media
๐กCreator Economy
๐กAlgorithm Changes
๐กPaid Social Media
๐กAd Revenue
๐กInfluencer Marketing
๐กContent Saturation
๐กAuthentic Audience
๐กSustainability of Short-Form Content
๐กCreator Burnout
๐กStrategic Sponsorships
๐กContent Strategy
Highlights
Social media landscape is on the verge of a potential collapse, with significant changes expected in the coming year.
The Creator economy may experience a shake-up, impacting content creators, agencies, and brands.
Meta's introduction of paid social media for European users could signal the beginning of the end for current social media models.
The potential for a slow decline in ad revenue due to an increase in users opting for ad-free versions of social media platforms.
Content creators becoming the most important revenue-driving force on the internet as traditional ad models falter.
The difficulty in finding midsize creators who can provide a good return on ad spend, with many failing to deliver expected results.
The issue of super influencers becoming too expensive for brands to afford, impacting their viability.
The growing 'white noise' of boring and bad sponsored content leading to audience fatigue.
The prediction of a significant decrease in the number of midsize creators due to a lack of meaningful audience connections.
The obsolescence of in-platform ad revenue split deals and the need for creators to look beyond these for monetization.
The struggle of platforms like Instagram and TikTok to effectively monetize short-form content.
The importance of creators focusing on building an authentic audience for long-term success.
The challenge of cutting through the noise with a strategy for growth and content creation.
The saturation of social media platforms with both high-quality and mediocre content, making it harder for creators to stand out.
The phenomenon of new creators seeking instant gratification and struggling with the reality of building a following.
The impact of reduced posting frequency on reach and the subsequent downward spiral for some creators.
The 'short-form curse' and the false sense of ease in content creation it has given to new creators.
The importance of creators sticking with their craft despite challenges and the long-term benefits of persistence.
The need for creators to be adaptable and open to experimenting with different content formats.
The potential for both very short and very long-form content to find their place in the evolving social media landscape.
The advice for creators to try doing the opposite of what is common in their niche to stand out and keep content fresh.
The ultimate message that understanding the full skill set of content creation is the key to long-term success as a creator.
Transcripts
I'm pretty sure social media is
the whole landscape is and we're
on the verge of maybe even a collapse
coming on and in a year from now you'll
probably be like yeah we should have
seen this coming now I'm not talking
about how a i videos are royally going
to us over pretty soon or not even
smaller things that I usually talk about
for example social media algorithm
changes hooks I don't know hashtags no
no no no no no I believe actually my
friends in the coming year or two the
whole Creator economy will get shaken
like a Polaroid picture by the way
you're not supposed to shake a Polaroid
picture and if you ask me in the end in
a year or two there won't be a lot of us
left here you know content creators
actually as well as agency as well as
Brands especially if you're not aware of
what's about to come and I believe this
is going to be the first big crash that
we're going to see this year or the next
let me try to explain if you remember a
couple of months ago Mata basically
announced paid social media right
European users now have the option to
pay1 to access Instagram and Facebook at
free and I personally believe this was
the starting point of the end of social
media as we know it right bear with me
because right now probably not a lot of
people are going to opt in and pay right
that's just the way it is but I believe
it's just going to be a very slow burn
and slowly more and more people are
going to sign up for the ad free version
which means that ads and AD revenue for
creators eventually are just going to
have to crash cuz obviously the less
people are going to see ads the more the
ad rates will go up and for businesses
especially who actually rely on ads and
social media things will become quite
hard especially the ones who don't have
a lot of budget and I I'll tell you an
example that I've seen in a second now
in the beginning stages of the internet
the major driving force and revenue
Factor were apps obviously right put in
money get back an x amount of money
perfect now obviously if that's not
going to be a thing anymore actual
content creators will become the most
important Revenue driving force on the
internet and you know as the internet's
getting more and more important probably
in the world and finally Brands will
have to pay attention to who's actually
good creator with a good and honest
audience and with good content and uh
you know with a long-term plan basically
there's one problem though that they
probably didn't anticipate the other day
I was talking to a uh somebody working
in in a big influencer agency and he
told me actually that first of all roas
which means return on ad spend with
influencer posts is basically crashing
already with lots of you know creators
he said that it's very hard to find
midsize creators who cost between let's
say 2 and 10K per post that actually
give you a good return on your ad spend
example they told me that they just
recently had a decent Instagram and Tik
Tok influencer with good engagement no
fake followers great content actually
and they paid him $10,000 for a
sponsored video and guess what they made
back $200 and uh he's telling me that
this is not the only case this happens
time again and again the other issue
which we're not going to get into but
actually we should get into it is that
also for biger actual super big
influencers who ask for I don't know
100K per sponsored video or 200k per
sponsored video they are now getting to
a point where they they get so big that
it's just not viable for Brands to
actually pay that much because of the
amount of traction these super big
creators have so also for them it's
going to get hard now personally I think
there's even more factors coming into to
play first of all so much white noise
like I said so much boring content so
much bad sponsored content and people
are just getting sick of these obnoxious
obvious sponsored posts right I could go
on a whole rant about how to fix that
because for example I sto taking
sponsors because most influencer agency
managers are flat out stupid and they
usually want to dictate how the
Creator's content needs to look it's a
whole multi-issue right in my opinion
now with that being said as a result
just of this thing alone and there's
multiple more things I'm pretty sure
within the next year or two we'll see
most of these influencer agencies for
example or social media marketing
agencies as well as a lot of midsize
creators and even bigger creators having
to downsize and stuff like this they're
going to have to close shop or change
strategies who knows what especially
midsize creaters I'm sure we're going to
lose a lot of midsize creators I would
even say up until a million or two
million followers a lot of them are
going to have to quit because they just
try to grow as fast as possible without
spending a second of their time thinking
on how to create a meaningful connection
with people overloading people with
ads stuff like this not
thinking about the long-term potential
of an actual personal brand for example
which is Huger bigger than ever which
means the whole pie will be left for
creators actual creators who constantly
improve their game and who actually do
see the long-term value and vision of
building an authentic audience so
there's one thing there's a few more
things that I believe are going to come
together in making this whole Creator
Bubble Burst so one thing a lot of
people are just obsessed with for
example being implant for monetization
systems reals I don't even know what
they have at this point anymore but
YouTube ad revenue for example I've had
my feir share of issues with YouTube ad
Revenue we're going to talk about this
at some point but I'm pretty sure these
in platform ad Revenue split type of
deals are going to be less and less
important also for any type of Creator
especially for the the shortterm
platforms if you think about it
Instagram's been trying for years to
make it somehow work failed at least up
until right now TiK ToK by the way just
recently have basically announced that
they're becoming a long-term platform
they have sacked their creator fund like
Instagram by the way as well well H do
we see a pattern here and instead right
now they'll have this new program where
they only pay creators who create one
minute to 30 minute long videos ideally
even in a horizontal format but at least
one minute long videos otherwise you're
not even eligible to you know get paid
on Tik Tok which basically between the
lines just means we just don't know how
to monetize short from content neither
Instagram neither Tik Tok also YouTube
to but they don't have to cuz they have
long-term content it seems like Humanity
hasn't figured it out how to create and
make short firm videos sustainable which
by the way does not at all mean you
should stop creating short from videos
quite the opposite right I've seen
especially you know in my creator
mentorship for example people starting
just recently starting blowing up and
making tons of money actually by having
also sponsorships still I'm not saying
sponsorships as a whole or are doomed
you just have to know and be more
strategic with it but also for example
with affiliate marketing also obviously
with creating your own products we soon
have a big thing coming up where we help
creators create and launch their first
product to Their audience with no
basically but I'll tell you
more about that at some other time but
let's talk about the next major issue if
we take a look at this whole social
media history basically if we were to
categorize it up until this year maybe
even the end of last year or something
we were in what I would consider a
Creator bull market right or basically a
Creator bubble and up until this point
let's say a year ago platforms were
actually not too saturated even though
people were saying this when I started
on YouTube everybody was like yeah
YouTube is saturated it was 2017 or
something like this but I would say up
until a year and a half ago platforms
were actually not too saturated
especially in terms of content quality
editing storytelling and actual skills
it takes to run a Creator business
successfully not just creating content
for the sake of creating content it's a
whole another topic but over the past
two years there's actually been a huge
influx of content creators on any
platform right not just Instagram not
just YouTube basically everywhere and
actually that was a good thing if you
ask me because generally that whole
thing meant growth for the platforms a
lively Community but also for creators
and Brands so everybody was just happy
the whole thing was growing probably
faster than it should have in some ways
usually you know whenever some some sort
of bubble starts to burst soon you're
going to see all these mainstream Medias
kind of talk about you know whatever it
is Bitcoin for example Bitcoin right
before the big the latest bit Bitcoin
crash you could see a year before from
then people mainstream media people were
just talking about Bitcoin all the time
and then you know this is basically the
time where you know probably we're
getting close to some somewhat of a
crash same thing with social media
influencers or creators now recently I
believe it's gotten to point where it's
a little bit too saturated on any
platform right both with super high
quality amazing content right A lot of
it there way too much of it there and
especially with lots of other bad
mediocre content especially that and
actually just because there's so many
new creators coming out with just bad
content or with just you know people
just trying to be a content creator it's
getting harder and harder to actually
Pierce through this whole cloud of w
noise basically which is not even the
main issue by the way it's just getting
a little different you just need to have
a strategy to grow right we talk about
this here quite a lot but that's not the
issue the real issue in my opinion is
that I see a lot of these newer smaller
creators basically looking for instant
gratification right getting lots of
likes fast lots of followers almost
immediately because they were primed by
first of all Tik Tok and then Instagram
anybody could just blow up basically
with not a lot of effort I go on Tik Tok
I start creating reals and within 3
weeks I have a real go viral with
400,000 views it's 3 million views
awesome everybody looks at me but did it
really make an impact both for people
watching it areen they going to remember
you for example but also for you if you
want to take this whole Creator thing
seriously and at some point want to live
off of that and recently I've been
seeing this a lot for example around 3
weeks after the launch of threats in
Europe which was a big thing right lots
of people started flooding to to threats
I saw this Threat by a German Creator
who basically said something along the
lines I don't know if I still have to
screenshot somewhere but she basically
said well threats is not worth it at all
anymore 3 weeks after it launched by the
way she said the hype is over I used to
get 300 likes when it launched a week
two weeks before or three weeks before
but now I barely get 50 right I'm
considering leaving it's over it's just
not worth it to put my effort anymore
after three weeks or two weeks of
creating content with a new platform
right another one I just recently saw
saying that it's crazy how Instagram
slowly programmed users to not want to
post anymore because the because of the
low reach that people get and basically
the less Reach people get the less they
want to post that's their their
deduction of that but what people just
don't understand is that because people
usually you know I've been working with
tons of creators usually something
happens right might be an actual
engagement drop or something wrong with
the algorithm or just you just posted at
the wrong time cuz the Super Bowl was on
and interests were just shifted
somewhere else you get pissed you're
like well I don't I don't want to do
this anymore I start posting less
because the effort I'm worth so much
more my time is worth so much more but
why people actually get less and less
reach is because they start posting less
you know this basically getting into
this whole downward spal of Doom what I
call it same thing with TiK ToK by the
way right in the meantime people are
fleeing back over to Instagram it's
basically the same thing that happened
to to Instagram let's say a year and a
half ago everybody was like let's go to
Tik Tok it's so much better the grass is
so much greener on the other side but
now it's the other way around it's
really funny for me to take a look at
this sort of from an outside perspective
apparently Tik tok's also lost its
identity wanting people to post suddenly
long form horizontal videos and lots of
their OG creators actually who blew up
like crazy just don't get any reach more
they're like well what's the conclusion
go over don't adapt just please don't
adapt let's just go somewhere where it's
a little easier seemingly in your mind
where I don't have to put so much effort
in now with that being said if we take a
look and by the way all major platforms
here are at fault but it's basically
what I would call the short firm curse
or something like this because this
whole thing has given these new types of
creators a false sense of what actually
matters being a Creator right being a
content creator an actual real content
Creator who lives off of it I'll tell
you example from my life having been a
creator for the better part of almost 7
years now which is just crazy to think
about but for the better part of a year
I would say Here on YouTube I've been in
a downward spiral what people would call
right I didn't grow a lot within the
last 12 months My Views certainly shrank
quite a bit and I don't see the numbers
you know the vanity metrics that I used
to see before now sometimes just feel
bad but do I give up right what kind of
qu question is that even why would why
would I give up because of that and
that's the thing I've Just Seen times
again and again and I don't know why but
people are seem it seems like people are
just not aware of the amount of effort
it actually takes to build a real
engaged following right to create good
content and to even you know basically
to even figure out what resonates with
your audience just that alone it takes a
lot of time and a lot of trial and error
and a lot of effort not saying it's bad
by the way so for example for me it took
me years until anybody's ever noticed
first of all my Instagram posts back in
the days when I was trying to become an
influencer an Instagram
influencer right we're not going to talk
about it but also then here on YouTube
when I started this channel right here
for almost a year I was grinding it out
after work right I was working at a law
firm from basically after work from 6:00
p.m. to midnight I was scripting filming
editing every day almost only to get
seven views in the end and I remember
when I got seven views or seven
subscribers there's been seven of you
already which I like it was one of the
best days of my life and even more so
let me just tell you another thing all
the way back from when I started I've
seen other creators who started along
with me in the same basically area right
same Niche I don't want to call it Niche
but you know this whole social media
strategy stuff like this I all of them
got more views
more subscribers they they had viral
videos I never had them and I was always
the know the smaller one of them all
even though most of them started after
me now does it mean I'm bad worse than
them maybe right but I this didn't keep
me from you know trying to create the
best content I that I could and for me
that was never even a question whether I
was worse than them or I should whether
I should stop being a Creator and I
continue to do my thing because I I want
to build something that makes an actual
difference right that actually helps
people and not just some inflated fake
sort of quick cash grab making content
for the sake of content kind of thing
you know I knew it I was in it for the
long run I don't care if I'm the one
with the least amounts of attaction
basically in the whole area now guess
what it's now five six maybe even seven
years later and among all those people
who started off with me almost all of
them I actually think all of them are
gone and I'm the only one who's left
right not saying it's a good thing by
the way eventually I guess everybody
hits a rough patch and a lot of people
just rather quit than to do anything
about it that's just the way I see and
in my opinion that's the only way you
will actually succeed as a Creator
Almost 100% guaranteed everybody that I
know who started at some point who had a
goal creating a social media channel
whatever that is and sticking with it
for years right made it right now made
it if there's ever a thing called making
it so probably you already noticed this
whole thing is becoming a little bit
complex and yeah it seems like right now
almost every platform even YouTube to an
extent has entered identity crisis mode
not just Instagram anymore as a result
of that I believe we're going to see a
lot of basically forced experimentation
with different content formats new
content formats hopefully right short
form in my opinion for sure is going to
become longer I believe it's a smart
move from Tik Tok and in a way you know
thinking about the long term but I also
believe there will be multiple sweet
spots also for very short short firm
content as well as for very long form
content as well as for medium style
content and I believe maybe this is
going to be the differentiator between
reals and Tik Tok and shorts and long
from YouTube who knows we'll see that
but and that's the important thing in my
opinion right now don't forget that
we're in this weird transitional phase
where basically Anything Could Happen so
you actually need to stay very attentive
adapt be be aware of what's happening
and don't be afraid to try anything new
and try to switch up your content that's
another major issue that I see right now
why people become sort of fed up with
social media is that lots of creators
are just afraid to change things up
every once in a while because this
worked and you can't blame them I'm I'm
basically the same thing everybody's the
same thing and this is also why you see
season creators basically on any
platform lose steam here and there cuz
people are just becoming bored of their
content and usually I wouldn't say this
but this is one thing that's has always
been true for me at least personally in
my whole journey of Life usually when
everybody was going let's say left I was
going the opposite way and doing exactly
the opposite and I feel like right now
it's maybe even beneficial if every once
in a while you try to create things do
things totally different than what
everybody else does in your Niche on
your platform just to see just to keep
things fresh for example just look at
the corporate Brands Ryan Air corporate
brands have a hard time on social media
especially lately they're boring really
usually bad content because of well you
know the reasons but just take a look at
what they're doing and they're crushing
it and why because not a single other
brand has done similar things before
because it goes against the whole every
marketing principle basically everything
that people say just don't do it is
basically what they're doing and yeah we
can see it in front of her eyes
seems like it does work now here's the
main part I truly want you to understand
my friends becoming a Creator acquiring
the whole skill set that it actually
takes to be be a Creator whether it's
scripting writing editing camera
presence understanding psychological
aspects of why what makes people you
know click or keep watching
understanding all of that is the only
viable long-term solution if you want to
make it as a greater and once you
understand that it doesn't matter that
there's so much white noise out there
and that competition is rising and there
are so many new creators coming out
because to tell you the truth because
most people are just stupid and they're
just not going to bother with these
things they want to take the quick the
easy way like we said before now with
all of that being said the best way to
get there is obviously by creating short
firm videos so if you're not already
doing that start creating short firm
videos but please just don't throw
random content against the wall and
hoping it will stick instead you want to
approach this with some what at least of
a strategy in your mind and this video
walks you through exactly the process
how to grow on any platform basically
right now
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