{"id":20368,"date":"2025-05-14T11:22:45","date_gmt":"2025-05-14T11:22:45","guid":{"rendered":"https:\/\/scannn.com\/e213-billion-in-value-and-almost-1-5-million-jobs\/"},"modified":"2025-05-14T11:22:45","modified_gmt":"2025-05-14T11:22:45","slug":"e213-billion-in-value-and-almost-1-5-million-jobs","status":"publish","type":"post","link":"https:\/\/scannn.com\/lv\/e213-billion-in-value-and-almost-1-5-million-jobs\/","title":{"rendered":"\u20ac213 Billion in Value and Almost 1.5 Million Jobs"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">Today, we are releasing findings from a new study we conducted which highlights the role Meta\u2019s personalized advertising services play in driving growth and competitiveness in the EU economy. This study concludes that our personalized advertising tools were linked to \u20ac213 billion in economic activity and 1.44 million jobs across the EU in 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The findings are part of broader <\/span><a href=\"https:\/\/research.facebook.com\/economiccontribution\/\"><span style=\"font-weight: 400\">research<\/span><\/a><span style=\"font-weight: 400\"> into the economic impact of our personalized advertising tools in the United States and globally. As this study sets out, personalized advertising is crucial for business success in the modern economy. It allows businesses to reach their target customers more effectively, boosting return on investment and driving growth, ultimately helping foster entrepreneurship and creating jobs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This is particularly vital for small businesses that make up over 99% of companies in the EU, as personalized ads enable companies to reach customers in the most cost effective way. Each \u20ac1 spent on Meta ads now yields \u20ac3.98 in advertiser revenues in the EU. Consumers<\/span><span style=\"font-weight: 400\"> also prefer to see personalized ads tailored to their interests: <\/span><a href=\"https:\/\/iabeurope.eu\/wp-content\/uploads\/IAB-Ad-Funding-Online-Services-Report-2025.pdf\"><span style=\"font-weight: 400\">a recent report<\/span><\/a><span style=\"font-weight: 400\"> showed that 80% of EU consumers actively prefer fewer, more relevant ads over generic, mass-distributed ones.<\/span><\/p>\n<p><a href=\"https:\/\/www.nber.org\/system\/files\/working_papers\/w32726\/w32726.pdf\"><span style=\"font-weight: 400\">Academic research <\/span><\/a><span style=\"font-weight: 400\">also shows that when personalized advertising is restricted, it\u2019s small businesses and consumers who ultimately lose out most sharply. For small enterprises operating on tight margins, the inability to precisely reach potential customers means significantly higher marketing expenses \u2013 an unsustainable burden for many.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">One example is \u2018Eliza was here\u2019, a Dutch travel company specializing in boutique holiday experiences. With over 20 years of experience in the European travel industry, \u2018Eliza was here\u2019 leveraged <\/span><a href=\"https:\/\/www.facebook.com\/business\/success\/eliza-was-here\"><span style=\"font-weight: 400\">Meta\u2019s personalized ads technologies<\/span><\/a><span style=\"font-weight: 400\">, including AI-driven tools, to build a brand awareness campaign that boosted travel bookings by more than 40%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Studies like this provide critical insight into the economic value of personalized advertising and their role driving growth at a critical time for the EU. Both the <\/span><a href=\"https:\/\/commission.europa.eu\/topics\/eu-competitiveness\/draghi-report_en\"><span style=\"font-weight: 400\">Draghi report<\/span><\/a><span style=\"font-weight: 400\">\u00a0 and the EC\u2019s <\/span><a href=\"https:\/\/commission.europa.eu\/topics\/eu-competitiveness\/competitiveness-compass_en\"><span style=\"font-weight: 400\">Competitiveness Compass <\/span><\/a><span style=\"font-weight: 400\">\u00a0have rightly focused on the need to turbocharge European competitiveness. Thirty years ago, Europe represented roughly a quarter of global GDP. Now we\u2019ve fallen behind. GDP per capita in the EU is half of that in the US, at approximately $40,000 per European compared to $80,000 per American. Our companies are growing more slowly, reporting lower returns and lagging behind their peers in research and development, even in industries that were traditionally Europe\u2019s strength.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Both reports and countless other voices have been clear that regulation is a key factor. Despite this, the European Commission continues to constrain the value of personalized ads \u2013 an engine of economic\u00a0 growth as this research shows \u2013 and that puts jobs and growth at risk. Repeatedly pushing Meta to change our business model and go above and beyond the law to provide less personalized ads is bad for the experience of our European users, bad for millions of European businesses, and ultimately bad for Member States\u2019 economies. At a time of incredible economic turbulence, European businesses need more tools to drive growth, and have fair opportunities to thrive and compete with their peers in the UK, US and the rest of the world \u2013 not less.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u2014<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">This research is based on a robust <\/span><\/i><a href=\"https:\/\/www.nber.org\/papers\/w31201\"><i><span style=\"font-weight: 400\">methodology <\/span><\/i><\/a><i><span style=\"font-weight: 400\">developed in partnership with UC Berkeley and published with the US <\/span><\/i><i><span style=\"font-weight: 400\">National Bureau of Economic Research. Once we measured the effects of ads on businesses, we used Eurostat data to understand how those effects manifest in the broader economy.<\/span><\/i><\/p>\n<\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v5.0\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/about.fb.com\/news\/2025\/05\/metas-personalized-ads-boost-europes-economy-e213-billion-in-value-and-almost-1-5-million-jobs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, we are releasing findings from a new study we conducted which highlights the role Meta\u2019s personalized advertising services play in driving growth and competitiveness in the EU economy. This study concludes that our personalized advertising tools were linked to \u20ac213 billion in economic activity and 1.44 million jobs across the EU in 2024. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20369,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[],"class_list":["post-20368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-facebook"],"_links":{"self":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/20368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/comments?post=20368"}],"version-history":[{"count":0,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/20368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media\/20369"}],"wp:attachment":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media?parent=20368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/categories?post=20368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/tags?post=20368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}