July 2024 Social Media Trends: Essential Insights For Marketers

August 1, 2024
Posted by: Reagan Castleman, Social Media Manager

August is here, and while we’re gearing up for the spooky season, there’s nothing scary about the latest social media updates. Here’s what’s new across major platforms this month. 

Meta 

Meta continues to innovate, particularly with AI enhancements and ad capabilities: 

  • Legal Scrutiny: The EU Commission claims Meta’s ad-free subscription violates the DMA. 
  • AI Labeling Change: Meta switches AI labels from ‘Made With AI’ to ‘AI Info’ tags. 

Facebook 

Facebook enhances user engagement and content creation tools: 

  • AI Comment Summaries: Testing summaries at the top of comment sections to convey overall sentiment. 
  • Reels Overlay Ads Expansion: More brands now have access to overlay ads, with Reels driving 200 billion views daily on Facebook and Instagram. 

Instagram 

Instagram shifts focus to enhance user interaction and content sharing: 

  • Algorithm Update: Sends are now a critical metric for algorithmic performance, encouraging shareable content. 
  • Notes Expansion: Users can now add notes to Reels and feed posts for a more private commenting experience. 

X (formerly Twitter) 

Twitter, now X, focuses on privacy and user feedback mechanisms: 

  • Grok AI Chatbot: New features for X Premium subscribers, including profile analysis and term highlighting. 

LinkedIn 

LinkedIn rolls out new tools for advertisers and marketers: 

TikTok 

TikTok continues to push the envelope with AI and content distribution: 

Threads 

Threads celebrates milestones and introduces new features: 

  • User Growth: Reaches 175 million users on its first anniversary. 
  • Usage Insights: Detailed data on popular topics and user engagement trends. 

Snapchat 

Snapchat enhances tracking and brand safety: 

YouTube 

YouTube focuses on improving Shorts and community engagement: 

Reddit 

Reddit improves ad safety and user discovery tools: 

Pinterest 

Pinterest leverages AI to boost ad performance: 

Stay updated with these latest developments to optimize your social media strategies and enhance engagement. For more insights on effective social media management, compliance, and creative content, explore LiveWorld’s extensive resources and expertise in the pharma sector. 

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Reagan Castleman is the Social Media Manager for LiveWorld’s social profiles. She enhances audience engagement through effective strategies that leverage both paid and organic channels. She can talk about social for literally hours and when she is not talking about it, she is researching all the little intricacies of each platform to make sure the social strategy for LiveWorld is current.