With over 4.55 billion active social media users worldwide, social media advertising provides an unparalleled opportunity to reach and engage with your target audience. In fact, social media ads demonstrate impressively high engagement rates, with Instagram ads generating up to 10 times more engagement than other digital ads. Plus, 75% of businesses find social media advertising helps them effectively target ideal clients. The ROI potential is also immense - for every $1 spent, businesses earn an average of $2 or more in return. Even influencer collaborations on social media can be highly effective, with 74% of consumers relying on social recommendations to guide purchases.
If you're looking for an affordable way to grow your small business and boost results, social media advertising is a strategic avenue you need to consider. In this post, we'll explore the key benefits, best practices, and steps to get started.
Written by: Hannah Kilpatrick | November 13, 2023