5 Million businesses advertise on Facebook each month

Social media giant Facebook has over 5 million businesses advertising on the platform each month. Facebook is the second leading digital advertising earner behind Google. Big businesses drive the most of the revenue, small business are not also left out as they are lining up to advertise on Facebook to reach the billions of users on Facebook.

E-commerce and retail, entertainment and media are the biggest spenders, these industries use precise targeting to reach potential new buyers, generating leads to their own e-commerce website, sharing various media such as photos and videos.

Over 75% of these advertisers are from outside The USA with the fastest growing markets being India, Thailand, Brazil, Mexico and Argentina. Businesses not advertising on Facebook need to flock there before their competitors run them out of business as their competitors are increasing their customer base on the platform.

 

Leave a Comment

contact@procrows.com.ng

7 Obote Avenue, Port Harcourt, Nigeria.

  popuparchitect.com