Once on a time, social media platforms had been like jet gasoline for consumer manufacturers: You could pour a fair amount of money of revenue into a hypertargeted advertisement marketing campaign and observe your profits skyrocket. That second has passed.
The price tag to obtain new consumers on social media has risen significantly: In the 2nd quarter of 2021, the price tag per thousand impressions on social platforms was up 41 p.c in contrast with the similar period the prior yr. At the identical time, new privacy rules and the start of iOS14 in early 2021 (which clamped down on