Ever wonder how our social media platforms make enough money to continue to operate? What is the value of the information we send to our social media profiles? These are interesting questions and the folks at backupify.com have been wondering about the same thing.
Backupify is in the business of backing up data in the cloud, and so for them, their next infographic is a handy tool for illustrating the inherent value of certain varieties of data.
If you're a user of social media or an advertiser on any of the following social sites, this graphic is certainly worth taking a look at. The comparisons across different platforms are interesting, and the dollars generated are shocking in some cases.
The way organizations and individuals disseminate information is changing and so are the ways brands and products are advertised. Knowing the value of social media ad space is a first step to understanding how the social media is making a lot of folks the big money.
Take a look: