Where is the online audience today? it is glued to social media applications. Did you know that over 4.62 billion people across the world use social media? A user spends approximately 2 hours and 27 minutes every day on his social media channel and this indicates that it is a marketer’s best investment.
Did you know that paid advertisements have a 200% ROI? Yes, that is right. Paid advertisements can give you an ROI that isn’t feasible otherwise. Ads alone have the power to increase your brand’s awareness by 80%. So, what is it and why is it important?
By 2021, social media platforms started gaining an average of 13.5 users every second. As the world population is growing, so is the use of platforms like Instagram, Facebook, Twitter, and more. There are more than 93% of internet users that log into their social media every day. According to the last projections, global spending on social media apps would cross the $173 million mark.
The spending on video content would jump by 20.1%. When interacting with social media users, it was found that if a particular website protects data and privacy, then approximately 52% of them would want to interact with emerging brands.