Friday, June 1, 2018

YouTube Most Popular Social Media Platform Among U.S. Teens

The internet has evolved so much since it was first created. The internet's growth from a hub of research sharing to the vast interconnected network that exists today is simply mindboggling. None of its original developers could ever have imagined how far their project would come one day. Although the internet is still used for that original intention (sharing research), consumers use it for so much more today. They can go shopping or communicate or socialize or really do pretty much anything they want. The internet is such a dominant force in our society that many online companies can make plenty of money just by getting users to visit their sites. According to a Bloomberg article, one such popular site, YouTube, has become the most dominant social media site, at least in terms of users aged 13-17, the "trendsetting demographic."

These days, the money-making ability and success of a social media company are dependent on how many users it can attract. Even though most of those kinds of sites are free to use, they make money off of advertisements. A few years back, Facebook was well in the lead and was able to make the statement that 71% of teenagers in the United States actively used the site. Now, there isn't one single definitive leader when it comes to favorite social media sites for US teens. The three market leaders are now YouTube, Snapchat, and Instagram, while Facebook has only captured 51% of their possible teen market. YouTube is in the lead currently, with 85% of teens in the US using the site, according to a Pew Research study.

Even with a decrease in their capture rate of that ideal demographic,  Facebook still does very well for its shareholders. Facebook makes approximately $23 per user each quarter and has over 185 million users in the US and Canada alone. Those numbers could change pretty quickly in the future, though. Even now, the study found that only 10% of the respondents reported using Facebook as their main social media platform. Conversely, 33% said that Youtube and Snapchat are their top sites, and 15% said that Instagram is visited most often. Facebook's relatively recent acquisition of Instagram could be their saving grace.

Social media apps and plenty of other online platforms have had increased usage over recent years. This is likely because getting on the internet continues to become easier as technology becomes more and more advanced. Where a user once had to go to a physical desktop computer, the advent of portable computing made everything more accessible to so many people. From laptop computers to smartphones, users are now able to get online pretty much anywhere and anytime they want to. In fact, the Pew study found that 95% of teens either have a smartphone or have regular access to one. Also, 45% of teens say that they are online nearly constantly. That kind of ease of use is beneficial to the companies and consumers alike.

Find out more about us at Any Questions? Contact our Escrow Expert! Sepulveda Escrow Corporation (818) 838-1831. Follow our company on FacebookTwitterLinkedIn, and Google+.

No comments:

Post a Comment