Chapter3
I learned that social media marketing spending in the US is increasing year by year. And it’s growing at a very brisk pace, averaging about 10 percentage per year. I was surprised that the cost on social media advertising is much lower than that of other ads. While direct mail advertising costs 57 dollars per thousand, that of social media does only 2.5 dollars. Now I agree why we are always exposed to many ads when using a smartphone and a laptop. In addition to this, the number of people using electronic devices such as smartphones, tablets, desktops and the user of social media including Instagram, twitter and so on has been gaining. For me, for instance, I often spend a lot of time on such kinds of social media like YouTube, Snapchat and etc. And I sometimes feel like “I wanna buy this product!” For this reason, advertising on social media plays a great role.
I agree! With the rise in social media use we have seen how crucial social media marketing has become. Its crazy to see how fast it is growing!
ReplyDeleteThe difference in advertising costs between direct mail and social media is insane! This definitely has changed my opinion on spending money on social media ads.
ReplyDeleteI'm with you! I never quite understood why there were so many ads on all spaces online until I read this chapter! It really makes sense on why and how social media advertisements are on the rise, and are truly one of the most effective marketing tactics!
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