Which of the following statements is true about the future of social media marketing?By 2020, spending on social media advertising is expected to reach $50 billion, surpassing the amount of advertising dollars businesses spend on newspapers.By 2019, spending on social media advertising will have leveled off and is expected to remain steady at $50 billion annually.By 2018, spending on social media advertising will have reached its peak of $60 billion and is expected to start declining.By 2020, spending on social media advertising is expected to reach $100 billion, surpassing the amount of advertising dollars businesses spend on television.OOOO

Social. Media marketing is the utilization of virtual entertainment stages to interface with your…

Answered: have reached its peak of $60 billion…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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have reached its peak of $60 billion and is e Expected to reach $100 billion, surpassing the