Photo: Pixabay

What is the fastest growing social platform?

This begs the question: What are the fastest-growing social media platforms? The latest data shows that the fastest-growing social network is TikTok.

oberlo.com - Fastest-Growing Social Media Platforms in the US - Oberlo

What are the 10 types of social media goals?

With this guide, you'll be able to set clear goals for social media marketing. We'll help you figure out what your company needs and how social can...

Last updated May 10, 2019

Why everyone is hiring but nobody is getting hired?

For some of the jobs available, people don't have the right skills, or at least the skills employers say they're looking for. Other jobs are...

Last updated Mar 10, 2020

Promotion

There’s no question that social media is one of the best ways to market and grow a business. Along with knowing the amount of time spent on them, knowing which platforms are becoming increasingly popular among consumers can also help guide your brand’s social media marketing strategy.

This begs the question: What are the fastest-growing social media platforms?

The latest data shows that the fastest-growing social network is TikTok. The ByteDance-owned company first made headlines for its rapid growth when it launched in 2018. And even though its user base continues to grow to this day, the sign-up rate of new users has slowed rather significantly. In 2021, the number of TikTok users grew by 18.3% (to total 78.7 million)—much slower than the whopping 87.1% it registered in 2020. This is followed by Reddit, whose user base grew 14.4% in 2021. Like TikTok, its growth has also slowed in comparison with 2020, when the number of Reddit users rose by 25.9%. TikTok and Reddit are the only two on this list of the fastest-growing social media platforms in the US that saw growth increase by more than 10% in 2021. The third fastest-growing social network is LinkedIn. In 2021, the professional networking platform saw a 4.2% increase in the number of users. This is two percentage points less than the 6.2% increase it had in 2020. This is followed by Instagram and Pinterest, with growth rates of 3.7% and 3.1% respectively. Sixth on the list of the fastest-growing social network is Snapchat, with a 2.6% increase in the number of users. Facebook is next, with 0.8%. As the world’s most popular social media platform in terms of users, its growth is starting to plateau. Its increase in 2021 is the network’s slowest ever annual increase.

Twitter is in eighth place, with a marginal growth of 0.2%.

All of these social networks experienced a slower rate of increase in number of users in 2021 compared to 2020. According to analysts, this is because of the higher-than-expected growth in 2020 brought on by the COVID-19 pandemic, which caused social media use to skyrocket.

Start selling online now with Shopify Start your free trial

Want to learn more?

What is a common mistake to avoid when working remotely?

One of the most common mistakes remote workers make is not communicating enough. Just because you are WFH does not mean you are a team of one. You...

Last updated Oct 13, 2021

What business can I start from home?

30 profitable home based business ideas Buy products in bulk and sell them online. Sell homemade products. Start a dropshipping store. Start a...

Last updated Oct 21, 2021

Promotion

How much house can I afford if I make 120k a year?

Safe debt guidelines If you make $50,000 a year, your total yearly housing costs should ideally be no more than $14,000, or $1,167 a month. If you make $120,000 a year, you can go up to $33,600 a year, or $2,800 a month—as long as your other debts don't push you beyond the 36 percent mark.

schwabmoneywise.com - How Much House Can You Afford? - Schwab MoneyWise

Whether you're looking at a fixer-upper or the house of your dreams, there's one basic question that you have to answer before you do anything else: Can you afford it? The answer doesn't have to be complicated. It really comes down to your monthly income and your other financial obligations.

A simple formula—the 28/36 rule

Here's a simple industry rule of thumb:

Housing expenses should not exceed 28 percent of your pre-tax household income . That includes your monthly principal and interest payments plus all the such as property taxes and insurance. . That includes your monthly principal and interest payments plus all the such as property taxes and insurance. Total debt payments should not exceed 36 percent of your pre-tax income—credit cards, car loans, home debt, etc.

Safe debt guidelines

© 2017 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. (0116-3593) So start by doing the math. If you make $50,000 a year, your total yearly housing costs should ideally be no more than $14,000, or $1,167 a month. If you make $120,000 a year, you can go up to $33,600 a year, or $2,800 a month—as long as your other debts don't push you beyond the 36 percent mark.

What to do before you buy

Whatever you can afford, you want to get the best mortgage rates—and you want to be in the best position to make an offer on your house. Make these steps part of your preparation:

Is it easier to get followers after 10k?

The 10k Follower Feature You Need to Unlock This Year A 10k follower count on Instagram isn't just an awareness metric. The milestone comes with an...

Last updated Dec 9, 2019

How do you increase your views on Instagram live?

Creative Ways to Use Instagram Live for Business Host a Live Themed Event to Build Community. ... Deliver Consulting. ... Run a Flash Sale During a...

Last updated Sep 10, 2021

Promotion

Who has the highest income from Instagram?

Here is the Instagram Rich List of 2022 Cristiano Ronaldo — $2,397,000, Kylie Jenner — $1,835,000, Lionel Messi — $1,777,000, Selena Gomez —...

Last updated Jan 4, 2021

Promotion

What are 6 social media types?

What Are the 6 Types of Social Media? The six types of social media, though this can be broken down in many ways, include social networking,...

Last updated Mar 22, 2021