9 Amazing Social Media Facts

Social media is a huge part of our lives, but sometimes we underestimate just how big it really is. Here are some truly astounding social media facts, courtesy of socialnomics, that provide some perspective on the biggest part of our online lives.

1. Facebook's 1 billion members makes it the world's third largest country behind China and India.

2. Every day 20% of Google searches have never been searched before.

3. Two new members join LinkedIn every second. This is about the same as the entire enrollment of the Ivy League colleges every day.

4. By the end of 2013, social gamers will purchase $6 billion in virtual goods, but moviegoers will only purchase $2.5 billion in real goods.

5. 72 hours of video are uploaded to YouTube every minute.

6. YouTube is the world's second largest search engine (of course, it is owned by Google).

7. 53% of people on Twitter recommend products in their tweets.

8. 92% of people trust reviews and recommendations compared with only 14% who trust traditional advertising.

9. Lady Gaga, Justin Bieber, and Katy Perry have more Twitter followers than the populations of Germany, Turkey, South Africa, Canada, Argentina and Egypt.

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