Jeremy's Razors spends a fucking fortune on ads. According to Facebook's Ad Library, the company spent $800,000 on FB ads in March, targeting fathers of school-age kids who like Hershey's, ultimate fighting, hunting or Johnny Cash:
This is why Meta stock has been such a great investment since 2012 iPO and will continue to be, same for Alphabet. Multiply this by thousands of companies. Insane earnings, and very high profit margins. Very consistent too. No shortage of brands, advertisers. CPCs (cost per clicks) are super-expensive and increase with inflation too, and especially for mobile US users, which is the most desired demographic. You cannot think of a better company when it comes to printing money.
This is why Meta stock has been such a great investment since 2012 iPO and will continue to be, same for Alphabet. Multiply this by thousands of companies. Insane earnings, and very high profit margins. Very consistent too. No shortage of brands, advertisers. CPCs (cost per clicks) are super-expensive and increase with inflation too, and especially for mobile US users, which is the most desired demographic. You cannot think of a better company when it comes to printing money.