How Social Media Keeps You Poor!

The video explores the pervasive influence of social media on consumer spending habits. It highlights how advertising has evolved from traditional methods to sophisticated digital marketing, leveraging algorithms to target consumers. The video also delves into branded content, social pressure, and the concept of FOMO, illustrating how these factors drive consumer behavior. Additionally, it discusses social proof and the seamless shopping experience facilitated by social media, emphasizing the potential financial pitfalls and the importance of being aware of these influences.

Explain the difference between traditional advertising and branded content as mentioned in the text.

How do social media influencers impact consumer behavior?

What strategies do marketers use to create a seamless shopping experience on social media?