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The Steady Growth of Social Media Marketing in the Digital Age
The Steady Growth of Social Media Marketing in the Digital Age
As we dive into the current digital landscape, it becomes abundantly clear that social media marketing has become an integral part of the strategy for businesses and brands to connect with their audience. According to the FICCI-KPMG report on media and entertainment 2017, social media marketing is projected to grow at a Compound Annual Growth Rate (CAGR) of 31% over the next five years, outpacing conventional mediums.
Mobile Internet Users and Online Engagement
The report highlights that 276 million individuals in India now access the internet on their mobile devices at least once a month. This significant number comprises 197 million urban users and 79 million rural users. In urban areas, 94% of internet users connect via their mobile phones, while 64% access it from desktops or laptops, and only 20% use tablets. Approximately 69% of urban users log onto the internet daily.
Interesting insights emerge when we look at the rural user base. A staggering 60% primarily access the internet through their mobile phones, while 23% use computers installed at home. Remarkably, only 6% of rural users visit internet service centers (CSCs) encouraged by the government. This constitutes a significant drop from the previous year, when the majority (26%) of rural users relied on CSCs as their source of internet access.
Social Media in India: A Lived Experience
In India, social media is not just a choice but a necessity for many internet users. The Internet and Mobile Association of India (IAMAI) report reveals that 66% of the 180 million urban internet users regularly access social networking platforms. The most common practice among Indian internet users is to create and maintain their own virtual profiles on platforms like Facebook and Twitter. They use these platforms to both post and consume content, and engage with content posted by others.
Demographically, students form the largest group of active social networking site users in India, making up 33% of the total. Working women and non-working women comprise 7% and 11%, respectively, indicating a significant user base among different age groups and occupations.
Implications for Social Media Marketing Strategies
The growth of social media marketing cannot be understated in the context of the digital transformation. With such a high percentage of internet users accessing content through mobile devices and social media, businesses must focus on creating targeted and engaging content. The rise in digital access and the increasing time spent on social media platforms provide a ripe opportunity for brands to connect and interact with their customers in real-time.
Conclusion
The future of digital marketing in India is burgeoning, and social media marketing plays a pivotal role in this growth. As businesses and marketers strategize to reach wider audiences, leveraging the power of social media becomes not just desirable but essential. By understanding the dynamics of online engagement and demographics, brands can tailor their social media marketing efforts to maximize reach and impact.