It’s fair to say that since the introduction of initial sites like Face-pic, social media has grown so much that it forms a significant part of society. From the things we buy, the views we hold and the way we vote, it’s safe to say that social media is a “THING”.

In this week’s episode, we cover The Social Media Economy and how money is made and spent. Whether you have plans of becoming an influencer, know someone who is or merely use social media like a normal person; you will be sure to find out something you didn’t know.

Topics covered include:

• Our personal experience with social media

• How do social media platforms make money?

• How much are they making?

• How do “Influencers” make money on YouTube, Instagram, Twitter and via blogging?

• Does the social media economy drive certain behaviours?

• Can you fake it until you make it?

Thank you for listening and don’t forget to rate, subscribe and comment.

MCP Team

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