Social media by the numbersIn 2021, Australian companies spent US$2.6bn* for advertising space on social media platforms. Social media paid advertising now makes up over 26%* of annual digital advertising spend by companies Australia-wide.With over 21 million active social media users in Australia, social media platforms offer an eye-watering opportunity for many businesses to reach and connect with the hearts and minds of their ideal customers.That’s all great, but what are the compelling use cases for businesses to incorporate social media paid advertising as part of their digital marketing strategies?