In response to an article published by Mashable, fishbat, one of the nation’s best Internet marketing companies, looks at Facebook’s 15 percent stock increase from mobile revenues.
In response to an article published by Mashable, fishbat, one of the nation’s best Internet marketing companies, looks at Facebook’s 15 percent stock increase from mobile revenues.
On July 29, fishbat, one of the nation’s leading Internet marketing companies, comments on an article published by Mashable, which announced the latest update on Facebook stocks, which have risen 15 percent due to mobile ad revenue reports.
According to the July 25th Mashable article titled “Facebook Now Gets 41% of Its Ad Revenues From Mobile” the social network recently announced that 41 percent of its advertising revenues were coming from mobile ads. Facebook started it ad business a year ago and the recent announcement caused its stock to skyrocket 15 percent. The article says the increase in stock occurred during after-hour trading in response to the company’s announcement.
The article says that the 41 percent increase in mobile revenues was higher than expected at $1.8 billion instead of the predicted amount of $1.62 billion. The share earnings were also higher.
Facebook also reported an expansion in its users, gaining 819 million new users this year, the article says. This rise brings the Facebook population to 1.15 billion users with daily users at 699 million.
Justin Maas, fishbat’s vice president of client relations, says Facebook’s increase is a good sign that mobile advertising is quickly becoming just as much, if not more effective than traditional digital advertising. “Internet marketing companies should look to this as an opportunity to help brands and clients in creating mobile apps and mobile ads,” Maas says. “Mobile advertising is a great method to expand business, increase versatility and visibility while broadening clientele. More people are using mobile devices to browse the Internet and update social media. If you want to generate leads and increase profit, it’s probably a good idea to start advertising on mobile devices.”
fishbat, Inc. is a full-service digital marketing and online marketing company dedicated to connecting all types of businesses with their target audiences in the most effective and efficient way. Through innovative strategies in social media management, search engine optimization (SEO), branding, web design, reputation management and public relations, fishbat promotes a consistent and professional online voice for all of its clients.
