Facebook in 2018 earned almost $ 12 billion, 5 of which are the company’s net profit. Total revenue increased by 49%, and profit by 63% compared to the previous year. Not only the facebook finance showed growth, but the active audience of users also increased.
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Twitter also showed an increase in profits and active users, but less than Facebook. In the first quarter of this year, Tweeter received $61 million profit. This is the second consecutive quarter when the social network makes a profit. Recall that before that the tweeter did not work out to be a plus.
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Social networks earn more and more, that even outsiders come to a decent profit. This means only that – advertising on these sites brings business to customers and people begin to understand it! Do you use advertising on social networks or are you still limiting your business to success?
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