Ad Spend Trends: Q1
It’s no secret that advertisers are finally starting to push their chips “all in” on social media placement. The question each company, and marketing department must ask is, “…is our Social Media Advertising spend on par?” and “…are we connecting our Social Media Advertising efforts to our sales and bottom line?’
In a new study of Q1 data, Adweek reports that across all platforms and of 900 companies polled, ad spend on Social Media is up 60% QoQ. If you take a peek at this article you will find in some, more specific product/business categories, the increase is in the 1,000’s of % YoY or even QoQ.
If you are in a position responsible for these decisions, are you asking yourself or your team these important questions? Strongly consider reaching out to us at Venture Creations for a free, no strings attached evaluation.
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