Uploaded on Feb 17, 2021
The most significant and influential development in social media has taken place in the current decade. Billions of users around the world use social media every day. Niche social network is special in many ways. Find out more about niche social networks.
The Rise of Niche & Vertical Social Networks
THE RISE OF NICHE
& VERTICAL SOCIAL
NETWORKS
HTTP://WWW.HALKWINDS.COM/
Fantasy sports mobile apps have become one of the top apps used across
the entire globe and have With the rise in digital evolution, one of the most
significant and influential growths has been that of social media. Almost
everyone you know most likely has a profile on Facebook, Instagram, Twitter,
LinkedIn, etc. These platforms are extremely popular and have billions of
users all over the world but recent trends have suggested that many of these
giants are losing their users. According to eMarketer, Facebook lost over 2
million of its users aged below 25 in 2018, and this continued even
throughout 2019. 2020 is about to end and the numbers are still dropping,
but Facebook is not alone, Twitter and LinkedIn have also been losing users.
2
When everyone is in on a trend, it ceases to become cool, new, exciting, or
meaningful. It is not special anymore, it becomes overdone and eventually
gets lost in the shuffle. People then venture to look for something exclusive,
something tailored to just a specific taste, age, demographic, gender, or
thing, people search for a “niche”. Niches attract those with similar interests,
help in developing meaningful connections, and allow one to display
something that they believe is unique about themselves before those who
appreciate that same niche. This is where “niche networks”, aka “vertical
networks”, come into the picture! So what exactly are “niche networks” and
why are they gaining so much traction?? That’s exactly what we shall see!
3
WHAT ARE “NICHE”
OR “VERTICAL”
NETWORKS?
4
A “niche” is a specialized subset of a larger set so a “niche” (or “vertical”)
social network is one that is specifically targeted towards a select segment of
the general population and helps connect people that share the same
professions, interests, hobbies or passions. The users on these intend to
share content and connect with those who have the same interests as them.
Some popular niche networks are Goodwall, BlogHer, Behance, Goodreads,
StackOverFlow, ResearchGate, etc.
5
Why Are They Becoming So Popular?
When you join a community that already consists of people who share the
same interests as yours, you can leave much of the irrelevance and
distractions behind and focus more on developing meaningful and valuable
connections. People are becoming bored of scrolling through feeds with
generic and irrelevant content and are looking for something more
purposeful and making more curated connections. Social networks like
Facebook have become extremely mainstream and broad and much of the
useful content gets completely lost in the middle of all the noise. People
have also become tired of ads swarming all over their screen and have
turned wary of these giants due to the various scandals and conspiracies
that they seem to be involved in.
6
In this digital era, it is not only the connections in your real-life that matter
but even those that you make online do, so people find it much more time-
worthy and satisfying to connect with like-minded individuals. These
networks are based on the idea that the quality of connections is superior to
the quantity and so the biggest challenge that they face is selling the idea
that network size is not significant for it to cater to your likes. Niches do not
get a lot of attention on the big platforms as the user base is massive and so
the concept remains to be fragmented.
7
WHAT ARE THE
ADVANTAGES OF
“NICHE” NETWORKS?
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Vertical social networks help people connect with those who share the
same profession and passions, which is very important for entrepreneurs,
students, and others who are trying to hustle and achieve their best at all
times.
Vertical social networks also help ensure that you receive specific and
relevant content and also make it easier to bond with those on the
platform as you share the same interests which increase the chances of
building business partnerships and friendships.
They also help those looking to be influencers by supporting “platform-
native stars”. Being a social media influencer is one of the most sought-
after careers nowadays and it’s becoming increasingly hard to rise above
the crowd on the platforms that are already in existence as they drive the
traffic towards those creators that already have a fanbase. Vertical
networks help you follow your niche and inspire a community that
recognizes it.
9
Most social networks make money by charging companies on ads that they
display on their platform and a niche network is an advertiser’s dream come
true as it has a readymade target audience.
Vertical networks also help create professional and personal opportunities
for those who want to learn, share and grow, meet people in certain fields,
or land jobs and internships.
Niche networks are coming up strong, with some already having over a
billion users. The scope is wide and the market exists so this can be a great
opportunity for those who want to build their niche networks. When
everyone has been partying at one place, there will always be a huge
opportunity for a different place to come up and establish itself as the cool,
new thing! And, Halkwinds will help you to stand out from your competitors.
10
THANK
YOU
[email protected]
HTTP://WWW.HALKWINDS.COM/
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