More than half of B2B marketing teams have frozen spending on Facebook ads
Has the cost of living crisis hobbled the market for social media advertising? Maybe, says a new report by Dreamdata. The research says the worsening economic climate has put “marketing budgets on the chopping block”. In the study of 222 active Dreamdata users, 54 per cent said they have stopped active spending on Facebook ads, 42 percent have paused spending on LinkedIn ads, and 16 percent have even withdrawn spend on Google ads. Yet the report argues that there could be an upside. It says the lower […]
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