Financial companies spend most of their budget on marketing campaigns. But very rarely do we see these ads appear on our social media accounts. That’s because very few of them target these channels.
Most of these companies acquire new clients and conduct their campaigns through affiliate programs. A detailed infographic from Forexnewsnow.com shows how these companies are performing on the market and what type of value there are providing
As you can clearly see there are very few financial companies that even bother with social media marketing. The best-performing ones are usually eToro or XM.
This provides a very clear understanding as to how these companies view the market and how they are trying to adopt it. For most traders such as Forex or stocks, social media marketing is usually irrelevant as they’re always influenced more by affiliate websites.
For crypto traders, however, social media is a big part of their daily research schedule. Therefore for crypto CFDs, social media campaign leaders are definitely more in the plus.
Check the source material for more in-depth information.
Giorgi is a news reporter and financial analyst at www.forexnewsnow.com He has 3 years of experience in analyzing the financial markets of Forex and cryptocurrencies. He also likes making hidden jokes in his articles.