While users are still competing, Is Facebook dying as a social media platform? Facebook is one of the most popular social media platforms used all around the world. It allows you to engage, connect, and share your life with your friends and family online. Facebook has more than a billion worldwide users.
If you are a business owner, you might know that Facebook makes most of its revenue from advertisements. This means the more active the users are, the more the audience will see the ad. Facebook’s engagement rates have dropped over a few years, even though it has made so much progress. To dig deeper, we need to go no further than looking at the statistics.