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What is the Economic Impact of a TikTok Ban?

Hubspot Marketing

Though de-influencing has been a buzzy term on the app, TikTok effectively drives consumer decisions. 37% of TikTok users have immediately purchased a product after seeing it on the app. So what are local marketers planning to do if the app is fully banned nationwide?

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200+ Social Media Statistics And Facts Of 2024

SocialPilot

billion people will be reachable through social media advertising by 2027. By 2027, it is estimated that $247.30 Facebook has the largest share in the social media advertising market with 16%. In 2022, Facebook generated nearly $114 billion dollars in advertising revenue and is expected to grow to $127 billion by 2027.

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