Bedtime Facts (72/365)

According to Statista, advertising revenue on social media worldwide has grown from circa $18 billion to $40 billion between the years 2014 and 2017

This is remarkably fast growth.

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take a small fraction of that and you be rich

That's incredible. That's good news for online bloggers and vloggers.

Internet has created wealth in many unimagineable way

It's like a growth of 120% or 123% right in 3 years? any merchant would kill for those number.

I wonder how steemit will affect this statistic in a year

Not much I'd think. Steemit doesn't have any ads on their website and I don't think people spend extensive amounts of money in Steemit ads on different websites. Actually, does anyone advertise Steemit on other platforms other than just making youtube videos etc.?

There are no ads on any service using Steem the blockchain as its data layer. There are at least two good reasons to keep ads away from Steem at this stage. Firstly, it would drive away some of the early adopters many of whom dislike the idea of advertisements. Secondly, Steem is still too small to generate any significant amounts of ad revenue.

Yes, but I think the growth of steemit will be even greater. good my humble opinion

I think it's great. It is a way of saying that it is worth losing time on the internet.👍😆

Thank you very much very interesting information, hope steemit this will work forever

Thank you very much for the excellent information about social media statistics @markkujantunen

And we have to see the ads no matter how boring or irrelevant they are.

Ads are great if you're the one who gets paid for them :) Ads are needed to keep most websites up so I don't think they are all that bad unless if they are used in a wrong way.

That's not the worst part of it. Facebook and the rest of the large social media corporations use very sophisticated techniques to analyse all the users to sell that information to advertisers or any willing buyer.

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