Everybody knows that social media is the place to go for your digital marketing strategies, but sometimes it’s good to look at the numbers. The statistics don’t lie and as we venture further into the digital realm of social media, these metrics can be staggering.
So, without further ado, consider some of these numbers for 2018:
Usage
These figures pertain to who is using what and where. The number of users for any social site can wax and wane depending on several social factors. Check them out…
In addition to usage, statistics on social media can also demonstrate how much money everyone is making, and the revenue generated. They also pertain to business strategies.
Business
Who is making money? Where are they doing it? The following metrics demonstrate the type of revenue and leads that can be earned on different platforms. Here are just a few to consider:
Facebook is estimated to generate $21.57 billion in US ad revenues in 2018. This would make it 83% of the total social media ad spend throughout the United States.
The stats will go on and the idea is that they are constantly changing. Whether it is Facebook ad revenue or how many users are on Snapchat, one thing is clear. Social media has penetrated our lives and it’s here to stay.