Can’t Argue with 5.74 Billion Dollars

Ad spend across social networks is to reach almost $6 billion USD in 2011

Social media ad spend to hit $6 billion worldwide in 2011

Source: STAFF (SOCIAL MEDIA PORTAL) – 19 January 2011

eMarketer has released a report predicting the global advertising spend across social networks will reach $5.97 billion USD in 2011.

This figure represents a growth of 71.6% from social media ad spend in 2010, which will translate to 8.7% of total online ad spend this year.  In the United States, marketers will spend in excess of $3 billion on social networks this year, which represents 10.8% of total digital ad spend.

Here is the entire article, $5B….wow >>

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