Social Media Trends To Watch For In Business In 2018
Social media is well-established as an important tool for businesses, but it can be hard to keep up with the latest and greatest online. We've put together a list of some of the top social media trends to look out for in 2018.
First off, watch out for more augmented reality. We expect platforms like Instagram and Snapchat to incorporate the technology more into their offerings as the year goes on.
Speaking of Instagram and Snapchat, another trend that will likely shape social media in 2018 is Instagram's growing edge over Snapchat. As users move in droves to Instagram, expect advertising dollars to do the same.
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
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The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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