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Top Social Platforms Marketers Use and Monetize

Info

  • Source: NP Digital

  • Date: May 2024

  • Category: Social & Organic Reach

  • Study Methodology: NP Digital survey of 12,402 marketers. Data collected from NP Digital audience surveys.

Marketers often adopt platforms based on popularity rather than performance. This chart exposes the gap between where marketers spend effort and where they actually see returns. Understanding this gap is critical for smarter channel prioritization.

Essential Statistics

  • 68% of marketers use Facebook, delivering a 31% ROI rate.
  • 65% use Instagram with a 32% ROI.
  • 63% use YouTube while seeing a 29% ROI.
  • 59% use LinkedIn which delivers the highest ROI at 36%.
  • TikTok is used by 54% of marketers but delivers only 26% ROI.
  • Reddit shows the lowest ROI at 5%.

Key Takeaways

  • Usage does not always correlate with ROI.
  • LinkedIn outperforms other platforms on ROI despite lower usage.
  • Emerging platforms attract attention before profitability.
  • High adoption platforms still require performance validation.
  • Marketers often overinvest in familiarity.

Actionable Insights

  • Increase LinkedIn investment for B2B and high-intent audiences. The platform delivers the strongest ROI despite fewer marketers prioritizing it.
  • Audit TikTok campaigns carefully. High adoption combined with lower ROI suggests many brands have not found effective execution models yet.
  • Maintain Facebook and Instagram for scale, not efficiency. Their ROI is solid but not exceptional, making them better for reach than margin.
  • Limit Reddit spend unless audience fit is clear. Low ROI indicates limited broad-based effectiveness.
  • Allocate test budgets based on ROI data, not platform hype. Platforms should earn more spend by proving performance.

Marketers chase attention first and ROI later. The winners flip that order. – Neil Patel

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