Social Media Platform Growth & Revenue TrendsOctober 25, 2019
In this recent segment with Indus Special, we discuss social media platform growth and revenue trends in an era of privacy breaches and increased user caution. The big picture? For Facebook, Twitter, LinkedIn, and Google they’ve experienced “explosive” year-over-year growth.
Why? In short, a good United States economy. And that good economy supports a cycle of increased ad spending and revenue growth for social media platforms. Companies spend money on advertising, more consumers buy the product or service, companies put MORE money into advertising, and the cycle repeats.