50 MOST IMPORTANT SOCIAL MEDIA MARKETING STATISTICS FOR 2023
Social media is a powerful and influential phenomenon that transformed the way of communication sharing and information. Social media statistics give us valuable insight into who our audience is, their interests, and their habits. This helps you tailor your marketing strategies to boost engagement and ROI. Stats can also help you benchmark your own performance within your industry and even uncover new opportunities. Use the social media statistics below to guide your presence in 2023 and beyond.
SOCIAL MEDIA USAGES STATICS 2023
Here is a quick snapshot of how social media demographics and usage is changing, which networks are winning and just how hooked consumers are on social media.
- In 2023, there are estimated to be 4.89 billion total social media users worldwide.
- The average person bounces between seven different social networks per month.
- Internet users spend on social media is now higher than ever — 151 minutes per day.
- TikTok is the fastest-growing platform with a staggering 100% user growth rate between 2020 and 2022.
- The number of social media users worldwide grew by only 3% YoY from January 2022 to January 2023 (+137 million users.)
Social media presents a huge opportunity for marketers and advertisers. However, with users spread across several platforms, it’s more important than ever for brands to take a multi-channel approach.
SOCIAL MEDIA ADVERTISING STATISTICS
Social media advertising is a marketing strategy that helps us to run paid advertisements on social media platforms.social media advertising is all about purchasing ad space to engage specific target audiences where they spend their time.Social media advertising means that you can’t just “spray and pray” when it comes to your ads. Higher campaign price tags and consumers ignoring ads is obviously a problem for brands, but positive results keep rolling in.
- It’s now projected that $130.5 billion of total social media ad spending will be generated through mobile by 2027.
- Social media recently overtook paid search as an advertising channel, growing 25% YoY and exceeding $137 billion (just edging out search’s $135 billion).
- Retargeting ads are the most-used among marketers, with 77 business to business and Business 2 Customer marketers alike saying they use retargeting as part of their Facebook and Instagram advertising strategies.
- Total spend on social media advertising is projected to reach $268 billion in 2023.
Facebook statistics
Facebook remains an advertising powerhouse. Whether or not brands should focus on Facebook is a tough question that really depends on your individual Facebook metrics. The following Facebook statistics can clue you in further.
- Facebook is the most-used platform by marketers worldwide (90%). Instagram sits in second place (79%).
- As of Q4 2022, Facebook is the largest online social network in the world with roughly 2.96 billion monthly active users.
- In America there is 70% of American adults use Facebook
- Americans spend 33 minutes per day on Facebook in which 56.6% of Facebook users are male and 43.4% are female.
- The ages between 25–34 are a quarter of facebook users.
Facebook remains a favorite among marketers. That’s not surprising, considering the massive reach offered by the platform. Plus, the increasing average age means more users are in high-level, decision-making positions in their careers.
Instagram statistics
Instagram quietly crossed 2 billion users in 2022 and brands are still scrambling to get more Instagram followers. Below are the top social media statistics for Instagram.
15. Instagram is the king of social selling. For consumers, it offers the best in-app shopping experience of any app.
16 .The age between 18–34 use instagram total 61.2% .
17.30% of the time people spend on Instagram. reels.
18. Instagram’s engagement rates are four times higher than Facebook (0.60% to 0.15%), but have been continuously decreasing.
19.In 2023, 29% of marketers plan to invest more on Instagram than any other platform.
LinkedIn statistics
LinkedIn has done a brilliant job of carving out its niche as the go-to professional network. The platform is a potential goldmine for B2B brands and the rapid growth of their ad platform speaks for itself. Here are some LinkedIn statistics you should know.
19. There are more than 900 million members across 200 countries on LinkedIn.
20. The United States has the highest user rate in the world on LinkedIn with an audience reach of over 199 million users.
21.There are over 63 million company profiles on LinkedIn.16.2% of LinkedIn users in the US use the platform daily (versus 48.5% that log in monthly)
Pinterest statistics
Pinterest often doesn’t get its due when it comes to social platforms. The platform’s diverse, big-spending audience is among the most dedicated and engaged of any network. Here are some top Pinterest statistics to look out for.
22. 450 million people use Pinterest every month.76.7% are women users of Pinterest , 15.3% are men and 8% are unspecified.
23. Pinterest users near about 45% in the US generate income over $100K, and 21% earn $30K or less.
24.It is the second-most visited website in the US for various purposes.
25.Pinterest users spend more time monthly as compared to other people on other platforms.
TikTok statistics
TikTok has totally transformed itself to a must-have digital platform for brands. The platform’s rabid fanbase, rapid growth and sky-high usage spell great news for early adopters. Below are some interesting TikTok statistics to know about.
26.TikTok has over 1 billion active users worldwide.
27.TikTok is the most frequently used app worldwide, with users spending an average of 23.5 hours per month on the platform.
28. 38.9% of TikTok users are 18–24 years old and account for the largest share of TikTok’s advertising audience.
29. 78.9% of TikTok users are looking for fun or entertaining content on the platform.
Twitter statistics
Twitter has cemented itself as the hub of political discussions, memes and a prime place to go back and forth with brands. Take a look at the Twitter statistics below to understand more about marketing on the platform.
30.Twitter boasts about 556 million monthly active users in total worldwide.
31. According to the latest news 53% of Twitter users use the platform .More than half (63%) of Twitter users are men (based on available gender data.)
32. 71% of marketers plan to spend less time on Twitter in 2023.US adults spend an average of 34.8 minutes daily on Twitter.
Youtube statistics
To compete with emerging platforms like TikTok, the second-largest search engine in the world is making some big changes. Here are the top YouTube statistics to know about.
33. According to Forbes ,in 2023 YouTube will have over 2.5 billion users worldwide. However, the platform’s active users have decreased by 48 million over the past year.
34.youTube Shorts get 30 billion views daily from users around the world.
35. 25–35 aged male around 12% are YouTube users and 9% are females of the same age.
36. People spend an average of 19 minutes per day watching videos on YouTube.Nearly 90% of all visits to YouTube come from a mobile device.
Social media video statistics
Video continues to be an all-time favorite content type. It’s versatile, engaging and offers excellent ROI to marketers worldwide. Let’s look at some recent social media video statistics.
37. 51% of people are more likely to share videos with friends and family over any other content type.
38. 87% of marketers say video marketing has helped them drive more sales.
39. Short-form video offers marketers the highest ROI of any social media marketing strategy.
40. US video advertising is expected to increase from $67.16 billion in 2022 to $78.45 in 2023.
Video is making its way into all types of marketing strategies in virtually every industry. However, it’s evolving in its shape and form. Brands can expect to see better results from short-form video content that’s primarily entertaining and funny.
Influencer marketing statistics
Working with influencers is one of the best inbound marketing strategies being used today. Here are some statistics about which influencer platforms marketers are leveraging, what they’re hoping to achieve and how they plan to execute influencer marketing in the future.
41.Instagram offers the highest ROI to influencer marketers, followed by YouTube and Facebook.
42. 56% of marketers use TikTok for influencer marketing, making it the most popular influencer marketing channel.
43.Generating more engagement, reaching new audiences and strengthening community are the top three marketing goals for working with creators.
44. 67% of marketers plan to spend more on influencer marketing campaigns in 2023.
45. 63% of marketers plan to use AI in launching their influencer campaigns. And 2 out of 3 of these brands will use AI for identifying influencers.
More marketers are realizing the potential of influencer marketing. If influencers are not already part of your marketing efforts, it’s time to switch your focus. The key is to pick the best platforms and influencers for your brand, both of which can be automated using the right tools.
Consumer behavior statistics
The concept of buying something you saw on social media is nothing new. From product recommendations to first impressions from brands, the impact of social media on consumers is well-documented.
46. More consumers report finding the perfect product by seeing a targeted ad (49%) over an organic post by a brand (40%).
47.The majority (71%) of livestream viewers have purchased something via social media.
48.Gen Z shoppers anticipate making more purchases on Instagram, TikTok and Snapchat, whereas Baby Boomers plan to shop more on Facebook.
49.41% of Gen Z and Millennials make an impulse purchase online every 2–3 weeks. On the other hand, only 10% of Baby Boomers can say the same.
50. The recent growth of direct social sales is notable. Consumers likewise crave authenticity and ads that don’t feel like ads.
But the key to selling on social media is to know your customer, which platforms they prefer and how their unique buying behavior works.
Conclusion
Social media advertising is still a potent tool for companies looking to attract specific customers and meet their marketing objectives. Social media continues to develop and adapt to the shifting digital landscape /thanks to its capacity to deliver measurable results, precise targeting, and a wide variety of ad formats.The latest social media marketing statistics is key to fine-tuning your strategy and setting smarter goals.After reviewing these stats, make sure you check out our roundup of the top social media management tools to help you maintain a memorable and consistent social presence.