According to eMarketer, "LinkedIn will rank a distant third this year when it comes to share of social ad revenues."
But, is that going to last?
I don't think so...
๐ญ) ๐๐ป๐ด๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐๐ ๐ช๐ฎ๐ ๐จ๐ฝ
eMarketer identifies several growth drivers for LinkedIn, including users fleeing X, targeted investments in creators, algorithm improvements, and its emergence as a news hub.
These efforts have led to a:
โข 10.9% increase in time spent since 2021
โข 41% increase in posts (Spring 2023 vs 2021)
๐ฎ) ๐๐ฟ๐ผ๐๐ถ๐ป๐ด ๐๐ฒ๐ป ๐ญ ๐๐๐ฑ๐ถ๐ฒ๐ป๐ฐ๐ฒ:
GenZ has become the fastest growing audience on LinkedIn. In 2024, its estimated that there are:
โข 21.1 million US Gen Z users
โข 13.6% increase year-over-year
Gen Zers are finding the professional atmosphere refreshing.
It has become a respite from the "overly curated or snarky posts common on other social networks." At the same time they're viewing the platform as more than just a professional connections platform.
As a result, ...