Brands spent $673bn on social media ads in five years
With 75% of Gen Zers and almost half of Millennials making purchasing decisions influenced by social media ads, it`s no wonder brands and companies continue pouring money into this type of advertising.
According to data presented by OnlyAccounts.io, brands worldwide have spent a whopping $673bn on social media ads in the past five years, and the figure keeps on rising.
Annual Social Media Ad Spending has Almost Tripled Since 2018
Over the past decade, social...