Survey Shows Social Media Marketing is More Exhausting Than Scaling Everest asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
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ORLANDO, Fla., March 2, 2021 /PRNewswire/ In a recent survey of 200 business owners and enterprise CEOs conducted by Green Light Digital, over 26% responded that they believe that modern digital marketing is a rigged system designed to get them to spend money. Furthermore, 15.6% say that paid online advertising is a scam, and almost 27% admit that their campaigns rarely, if ever, turn a profit.
Is Facebook a Giant Marketing Scam?
According to data from the cybersecurity company CHEQ, marketing losses due to ad fraud will rise to $35 billion in 2020, a global economic study by has revealed. The report finds that while direct global economic costs of ad fraud are placed at $35 billion in 2020, indirect economic and social costs push the total closer to $40 billion.