Social media advertising Statistics
Socialbakers surveyed over 500 marketing professionals, spanning 82 countries and 20 industries to better understand where social media is heading in 2014. The State of Social Marketing, Part One, concerned the priorities and practices of marketers. Part Two defines the state of social media advertising, from how Fortune 500 companies operate with no social advertising budget to why Twitter struggles to attract advertisers.
Supporting organic reach with paid advertising is the new normal in social media marketing. No matter how targeted or engaging your content is, the fact remains, the social party is crowded and you have to pay for a soapbox. But 14% of companies with more than 5, 000 employees reported a No matter how targeted or engaging your content is, the fact remains, the social party is crowded and you have to pay for a soapbox. But 14% of companies with more than 5, 000 employees reported a $0 so social ad budget for 2014. Their content stands alone to fight the noise and competition increasingly present in users’ News Feeds, both from personal connections and competing brands.
However, most companies who know how valuable a well-optimized social strategy can be understand that social advertising is a must. Furthermore, it’s money well spent for brands who optimize and measure their social ad performance.
It’s not shocking that marketers say News Feed (native) ads are more effective than other placement options. But when you look closely at specified News Feed placements (desktop News Feed vs mobile News Feed vs desktop/mobile News Feed) it becomes clear that marketers aren’t able to distinguish between the three placement types. This points to the fact that marketers are still evolving and learning to fully leverage improved ad targeting provided by leading social networks. The majority have yet to discover the benefit of creating mobile specific content and CTAs.
However, if we compare similar data from a survey conducted in January 2013, we can see that marketers are getting smarter. Then, 81% of Facebook ads used “Facebook All” placement. As of December 2013, that number has been reduced to 42% and News Feed ads lead the way for effective social advertising by a landslide. Right-hand side ads were so 2009.
The fact that brands are not flocking to Twitter’s advertising platform may not speak directly to the platforms’ ability to offer something of value, but rather, to marketers’ inability to effectively adapt to this new form of social advertising.
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What are the most recent social media statistics for Belgium?
Each month, BVLG publishes the Belgian Social Media Monitor, in which he analyses the numbers behind the networks in Belgium.