In terms of hard figures, mobile ad revenues are becoming increasingly important to social networks. Facebook’s recent earnings call illustrated this quite starkly: In Q1 2014, the company saw a 72% year-over-year rise in total global revenues, driven by mobile, which accounted for 59% of ad revenues during the same period—up from 30% a year prior, the company said.
eMarketer projections further highlight the importance of mobile social advertising. Net mobile internet ad revenues worldwide for both Facebook and Twitter will essentially double between 2013 and 2014. A look further back to 2012 puts the growth in mobile ad spending further into perspective. At $6.82 billion, Facebook’s mobile ad revenues in 2014 will be 14 times higher than they were just two years prior. Read the rest at eMarketer.