[Infographic] Social Ad Spending Predicted to Grow to $11 Billion by 2017
|3 May 2013||iGenii facebook mobile, responsive web design, SEO, Social Media|
|by iGenii Social Media|
As Facebook continues its very best to monetize the site and please their investors on Wall st, social ad spending continues to rise. The latest infographic predicts that social ad spending will grow to a whopping $11 billion by 2017! What’s most impressive is that social spending is at 4.7 billion as of 2012 which means within 5 years, they are estimating that figure to almost tripple.
With recent trends showing that social media is on the rise not just with usage but also as a source of information of where people get news, it is natural for marketers to follow where people are spending their time. But what will $11 billion look like for the average user? What Facebook looked like before advertising could be considered night and day to the experience it is today. In 5 years, will Facebook even be recognizable? Or Twitter for that matter? Sound off below! Also, if you need help with your social media effort, contact us at 212.932.7483.