GITNUX MARKETDATA REPORT 2024

Social Media Marketing Statistics [Fresh Research]

Highlights: Social Media Marketing Statistics

  • 3.6 billion people use social media worldwide in 2021.
  • 54% of social media users research products using social media platforms.
  • 91% of retail brands use multiple social media platforms.
  • Facebook remains the most popular social media platform.
  • According to HubSpot, 92% of marketers claim that social media is important to their business.
  • 60% of smartphone users between 13 and 34 years use Snapchat.
  • In 2020, 37% of internet users used social media for work purposes.
  • On average, people spend 2 hours and 24 minutes per day using social media.
  • In 2021, the average daily time spent on social media is projected to be 145 minutes.
  • Instagram has over 1 billion monthly active users.
  • LinkedIn has more than 774 million members in over 200 countries.
  • Twitter ad engagement increased by 208% between 2014 and 2018.
  • Social media ad revenue is expected to reach $41.5 billion by 2022.
  • Social media influencers with 50k to 250k followers deliver a 30% better ROI per dollar spent than influencers with more followers.
  • 49% of consumers depend on influencer recommendations on social media.
  • Horizontal videos outperform vertical and square videos on Facebook and Instagram, with a 30 – 40% higher completion rate.
  • By 2023, the number of social network users in the USA is projected to be 257.4 million.
  • 70% of YouTube viewers use the platform to help solve a problem.
  • 42% of social media users aged 18-29 years say they have taken a break from using social media for several weeks or more.
  • Social media posts with images produce 650% higher engagement than those without images.

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Social media has become an integral part of our lives, and it’s no surprise that businesses are leveraging its power to reach their target audiences. With 3.6 billion people using social media worldwide in 2021, the potential for marketing success is huge. In this blog post, we’ll explore some key statistics about social media marketing that will help you understand how best to use these platforms for your business. We’ll look at user demographics and engagement rates across different platforms such as Facebook, Instagram, Snapchat and LinkedIn; examine the effectiveness of influencer campaigns; discuss video content trends; analyze ad revenue projections; and more. So let’s dive into these fascinating stats on social media marketing – they may just be what you need to take your strategy up a notch.

The Most Important Statistics
3.6 billion people use social media worldwide in 2021. This statistic is a powerful reminder of the sheer magnitude of the social media landscape. It highlights the immense potential for businesses to reach a global audience through social media marketing. It also serves as a reminder of the importance of staying up-to-date with the latest trends and developments in the social media world in order to maximize the effectiveness of any social media marketing campaigns. 54% of social media users research products using social media platforms. This statistic is a powerful reminder of the importance of social media marketing. It demonstrates that a large portion of social media users are using the platform to research products, making it a valuable tool for businesses to reach potential customers. This statistic is a key piece of evidence that social media marketing is an effective way to reach and engage with customers.

Social Media Marketing Statistics Overview

91% of retail brands use multiple social media platforms.

This statistic is a testament to the power of social media marketing. It shows that the majority of retail brands recognize the importance of having a presence on multiple social media platforms in order to reach their target audience. This statistic is a great starting point for a blog post about social media marketing statistics, as it demonstrates the prevalence of social media in the retail industry.

Facebook remains the most popular social media platform.

This statistic is significant for Social Media Marketing Statistics because it highlights the importance of Facebook as a platform for businesses to reach their target audience. Knowing that Facebook is the most popular social media platform can help marketers to focus their efforts on this platform and maximize their reach.

According to HubSpot, 92% of marketers claim that social media is important to their business.

This statistic is a powerful testament to the importance of social media in the modern marketing landscape. It shows that the vast majority of marketers recognize the value of social media and are actively utilizing it to promote their business. This statistic is a great starting point for any blog post about social media marketing statistics, as it serves to illustrate the importance of the topic and the need for further exploration.

60% of smartphone users between 13 and 34 years use Snapchat.

This statistic is a powerful indicator of the potential reach of Snapchat for marketers targeting the 13-34 age demographic. It highlights the importance of Snapchat as a platform for businesses to consider when creating their social media marketing strategy.

In 2020, 37% of internet users used social media for work purposes.

This statistic is a testament to the power of social media as a tool for business. It shows that a large portion of internet users are leveraging the platform to further their professional goals, demonstrating the potential of social media as a marketing tool. This statistic is an important reminder of the importance of social media in the modern business landscape.

On average, people spend 2 hours and 24 minutes per day using social media.

This statistic is a powerful reminder of the immense impact social media has on our lives. It highlights the sheer amount of time people are dedicating to social media, and how it has become an integral part of our daily lives. This statistic is especially pertinent to a blog post about Social Media Marketing Statistics, as it serves as a reminder of the importance of understanding and leveraging social media for marketing purposes.

In 2021, the average daily time spent on social media is projected to be 145 minutes.

This statistic is a powerful indicator of the potential for social media marketing. It shows that people are spending a significant amount of time on social media, which means that businesses have a great opportunity to reach their target audience and increase their brand awareness. Additionally, it highlights the importance of having a strong social media presence in order to maximize the potential of social media marketing.

Instagram has over 1 billion monthly active users.

This statistic is a testament to the sheer power of Instagram as a platform for social media marketing. With over 1 billion monthly active users, it is clear that Instagram is a major player in the social media landscape and provides an invaluable opportunity for businesses to reach a wide audience.

LinkedIn has more than 774 million members in over 200 countries.

This statistic is a testament to the sheer reach of LinkedIn, demonstrating its potential to be a powerful tool for social media marketing. With such a vast global network, businesses have the opportunity to reach a wide range of potential customers and build relationships with them. This statistic is a reminder of the potential of LinkedIn as a platform for businesses to expand their reach and grow their customer base.

Twitter ad engagement increased by 208% between 2014 and 2018.

This statistic is a testament to the power of social media marketing, demonstrating that investing in Twitter ads can yield impressive results. It shows that, over the course of four years, Twitter ad engagement more than tripled, indicating that businesses can expect to see a significant return on their investment in this platform. This is an invaluable insight for any business looking to maximize their social media marketing efforts.

Social media ad revenue is expected to reach $41.5 billion by 2022.

This statistic is a testament to the immense potential of social media marketing. It shows that businesses are increasingly recognizing the value of investing in social media advertising, and that the industry is expected to grow exponentially in the coming years. This is an important reminder for marketers to stay ahead of the curve and capitalize on the opportunities that social media presents.

Social media influencers with 50k to 250k followers deliver a 30% better ROI per dollar spent than influencers with more followers.

This statistic is a powerful reminder that when it comes to social media marketing, bigger isn’t always better. It demonstrates that influencers with a smaller following can be just as effective, if not more so, than those with a larger following. This is an important statistic to consider when planning a social media marketing strategy, as it can help marketers maximize their return on investment.

49% of consumers depend on influencer recommendations on social media.

This statistic is a powerful reminder of the impact influencers have on social media marketing. It highlights the importance of leveraging influencers to reach potential customers and build brand awareness. It also shows that influencers can be a powerful tool for businesses to reach their target audience and increase their sales. This statistic is a valuable insight for marketers looking to maximize their social media marketing efforts.

Horizontal videos outperform vertical and square videos on Facebook and Instagram, with a 30 – 40% higher completion rate.

This statistic is a powerful reminder of the importance of understanding the platform when creating content for social media marketing. Knowing that horizontal videos have a 30-40% higher completion rate than vertical and square videos on Facebook and Instagram, marketers can use this information to craft content that is more likely to engage their audience and drive results.

By 2023, the number of social network users in the USA is projected to be 257.4 million.

This statistic is a powerful indicator of the potential reach of social media marketing in the United States. With over 257 million users, businesses have an unprecedented opportunity to reach a vast audience and build relationships with potential customers. This statistic is a reminder of the immense potential of social media marketing and the importance of leveraging it to its fullest potential.

70% of YouTube viewers use the platform to help solve a problem.

This statistic is a powerful reminder of the potential of YouTube as a tool for problem-solving. It highlights the fact that YouTube is not just a platform for entertainment, but also a valuable resource for finding solutions to everyday issues. This insight can be used to inform social media marketing strategies, as it suggests that YouTube can be used to reach a wide audience of people who are actively seeking solutions to their problems.

42% of social media users aged 18-29 years say they have taken a break from using social media for several weeks or more.

This statistic is a telling indication of the importance of understanding the needs of social media users. It highlights the fact that a significant portion of the 18-29 age group have taken a break from using social media, suggesting that marketers should be aware of the potential for users to become disengaged with their platforms. This is especially pertinent for marketers who are targeting this age group, as it suggests that they should be mindful of how to keep users engaged and interested in their content.

Social media posts with images produce 650% higher engagement than those without images.

This statistic is a powerful reminder of the importance of visuals when it comes to social media marketing. Images can be used to draw attention to posts, create a more engaging experience for viewers, and ultimately drive higher engagement. This statistic highlights the potential of visuals to make a significant impact on the success of social media marketing campaigns.

Conclusion

From these statistics, it is clear that social media has become an integral part of our lives. With 3.6 billion people using social media worldwide in 2021 and 91% of retail brands utilizing multiple platforms, businesses have a great opportunity to reach their target audience through effective marketing strategies on various channels such as Facebook, Instagram, Twitter and LinkedIn. Additionally, the use of influencers can help increase engagement with customers while also providing valuable insights into consumer behavior. Finally, visuals are key when creating content for social media posts; images produce 650% higher engagement than those without them. All this data shows just how powerful and influential social media can be for any business looking to grow its presence online.

References

0. – https://www.researchandmarkets.com

1. – https://www.oberlo.com

2. – https://www.marketingcharts.com

3. – https://www.statista.com

4. – https://www.digitalmarketing.org

5. – https://www.about.linkedin.com

6. – https://www.digitalinformationworld.com

7. – https://www.thinkwithgoogle.com

8. – https://www.mdgadvertising.com

9. – https://www.blog.hootsuite.com

10. – https://www.datareportal.com

11. – https://www.twitter.com

12. – https://www.emarketer.com

13. – https://www.pewresearch.org

14. – https://www.blog.hubspot.com

15. – https://www.globalwebindex.com

16. – https://www.sproutsocial.com

ZipDo, cited June 2023: Social Media Marketing Statistics

FAQs

How has the growth of social media impacted digital marketing efforts?

The growth of social media has significantly impacted digital marketing efforts by creating new opportunities for businesses to reach their target audience, increase brand awareness, engage with customers, and gather valuable data for improving their marketing strategies.

What are some key metrics to track in social media marketing campaigns?

Some key metrics to track in social media marketing campaigns include the number of followers, engagement rate (likes, comments, shares), reach, impressions, click-through rate, conversion rate, and return on investment (ROI).

Which social media platforms are most beneficial for businesses to focus their marketing efforts on, and why?

The most beneficial social media platforms for businesses depend on their target audience and goals. Generally, Facebook, Instagram, Twitter, LinkedIn, and YouTube are popular choices as they cater to a wide range of audiences and offer various features to create targeted marketing campaigns.

How can businesses use social media marketing to increase brand loyalty and customer retention?

Businesses can use social media marketing to increase brand loyalty and customer retention by consistently providing valuable content, engaging with their audience, addressing customer concerns and feedback, and offering exclusive promotions or incentives for loyal customers.

What role do influencers play in social media marketing, and how can businesses collaborate with them?

Influencers play a crucial role in social media marketing as they often have a large, engaged following and the ability to sway opinions and drive purchase decisions. Businesses can collaborate with influencers through sponsored posts, product reviews, giveaways, or long-term partnership agreements to create authentic content and extend their reach to new audiences.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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