How will smartphones, tablets, social media and other digital trends affect the way you interact with your customers, market your business to consumers and sell your products and services in the coming year? comScore’s new 2013 U.S. Digital Future in Focus report took a closer look at what trends will influence business in 2013 and beyond. Here’s what the study found:
- Social media matures: Social networking in the U.S. is still dominated by Facebook; consumers spent 5 out of every 6 minutes spent online on social media. In addition to Facebook, which is maturing by focusing on new ways to monetize, smaller social media players making waves in 2013 will include LinkedIn, Yelp, Zynga, Groupon, Twitter, Tumblr, Pinterest and Instagram (which is now part of Facebook).
- Search flattens out: Although Google is still the strong leader in search engines, Bing gained some ground in 2012. That was also the year when more and more searches began taking place on mobile platforms, signaling a possible flattening of the desktop search market.
- Online video matures: comScore says the U.S. online video market is beginning to mature in terms of consumption, but still has a ways to go in terms of monetization. There is more demand for online video advertising space than there is inventory available, so comScore believes this advertising channel will continue to grow, and will become better at precisely targeting viewers.
- Smartphone and tablets gain traction: In 2012, smartphones finally surpassed 50 percent market penetration, and Android phones surpassed 50 percent of the smartphone market. Tablet use also surged; as of December 2012, some 52.4 million Americans owned tablets.
- Ecommerce and mcommerce grow: Despite continued economic uncertainty, retail ecommerce grew in 2012, outpacing the growth of brick-and-mortar retail by fourfold. Overall, U.S. retail and travel-related ecommerce rose 13 percent from 2011 to 2012, reaching $289 billion. In addition, mcommerce is starting to emerge, with comScore estimating that mcommerce transactions (both on smartphones and tablets) accounted for approximately 11 percent of ecommerce sales.
Is your business taking advantage of trends in social media, mobile device use, online video viewing and online commerce? If not, 2013 is the year to make your move. You can learn more about all of these trends by downloading a free copy of the 2013 U.S. Digital Future in Focusreport.
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