Don’t go cutting spend on paid social yet — hear me out – The Media Leader
💸 Recent analysis shows brands averaging £3.20 profit ROI from paid social, which contributes 9% of full profit volume. Influencer involvement increases ROI by 9% and social signal strength by 10%, while partnerships yield a 52% higher ROI compared to traditional paid social. Over 60% of social media users expect entertainment from ads. Paid social is set to become the largest global ad channel, overtaking search which was 68% larger less than a decade ago. The IPA reports less than 90% weekly reach for 16- to 24-year-olds and about 50% for those over 55 on social platforms. EssenceMediacom's GREAT planning framework addresses behaviour change, audience targeting, platform usage, purpose, and engagement strategy for improved paid social outcomes.
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