Los Angeles, CA, Nov. 12, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and...
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Company targets an estimated 1,000 percent increase in advertiser base in 2025
Thumzup Media is at the forefront of a digital advertising revolution. By enabling everyday people to become micro-influencers, Thumzup is transforming how businesses reach their audience and how individuals earn income through social media.
Thumzup Media (TZUP) empowers everyday social media users to become paid micro-influencers. This innovative approach bypasses the traditional reliance on high-profile influencers, opening up opportunities for millions of regular users to participate in digital advertising.
Since its inception, Thumzup has shown remarkable growth. With a 131% increase since January, the platform’s rapid adoption and expanding user base highlight its potential for continued success.
Thumzup is led by visionary founder and CEO Robert Steele, whose track record of successful tech ventures and leadership in publicly traded companies positions the company for strategic growth and innovation.
The digital advertising market was valued at $271 billion in 2023 and is projected to reach $400 billion by 2028. Thumzup’s unique model and growing footprint position it to capture a significant share of this expanding market.
Thumzup plans to integrate with additional social media platforms like Facebook and TikTok and incorporate AI for enhanced post approval processes. These strategic expansions will drive user growth and increase market penetration, ensuring sustained momentum and investor returns.
Could Thumzup Media be the next big disruptor in digital advertising? With its groundbreaking approach to democratizing ad spending and empowering micro-influencers, Thumzup is poised to revolutionize the industry just like Uber, Airbnb, and DoorDash did in their respective fields. Early investors in those companies saw incredible returns. Will Thumzup be the next to offer such opportunities?
Digital advertising in the US was valued at $271 billion in 2023, expected to reach $400 billion by 2028.
Thumzup democratizes advertising by turning everyday social media users into paid micro-influencers, bypassing industry giants and high-profile influencers.
55% of consumers trust user-generated content over other forms of marketing, and 79% say it significantly influences their purchasing decisions.(1,2)
Brand engagement increases by 28% when users are exposed to a mix of user-generated and professional content.(3)
On February 16, MoffettNathanson’s senior research analyst, Michael Morton told CNBC that the last 12 months have been quite positive for the gig economy stocks. He said that initially, the industry was considered a weak domain by investors because it consumed $125 billion of investor capital between 2015 and 2022 while being focused on expanding market share rather than increasing profitability.
However, over the last year, companies like Uber Technologies, Inc. (NYSE:UBER) and DoorDash, Inc. (NASDAQ:DASH) have experienced a “profitability explosion” due to their corporate decisions. Morton added that according to his firm, the total addressable market for the gig economy industry is around $4 trillion.
Thumzup Media operates on a commission-based business model. Here’s how it works:
Businesses set an overall budget for their advertising campaign on Thumzup.
They determine the amount they are willing to pay per post, typically ranging from $10 to $50.
Thumzup takes a 30% commission from the total amount paid by businesses for each approved post.
For example, if a business agrees to pay $50 per post, Thumzup will take $15 as their commission, and the remaining $35 goes to the user who created the post.
This commission-based model ensures that Thumzup generates revenue for every transaction between businesses and users.
The scalable nature of this model allows Thumzup to grow its revenue as more users and businesses join the platform.
Businesses benefit from bypassing traditional, costly advertising platforms and paying directly for user-generated content.
Thumzup’s model ensures businesses receive authentic and engaging advertisements, improving their ROI.
Users gain a new and accessible way to earn money through social media.
The transparent payment system and frequent opportunities make it an attractive platform for potential micro-influencers.
Thumzup Media enables everyday social media users to earn money by creating and sharing posts about businesses and brands. Here’s a step-by-step breakdown of how it works:
Mr. Steele is the Founder, Chief Executive Officer and Chairman. A technologist at heart, Robert learned to program a computer at 8 years old and by the time he was 12 years old, he purchased an Apple II and began his first technology company which game controllers for the brand-new Apple II computers, which were sold through local computer stores. After graduating with a Bachelor's degree in Electronic Engineering and Computer Science from George Mason University, Robert and his co-founders created one of the first PC-based GIS systems (Graphical Information Systems) for the Fairfax County cable television system. This system was one of the first times that utility maps for an entire county could be edited and maintained on PC-based technology. In 1999, Robert foresaw that in the future everyone would have a computer in their pocket in the form of a smartphone and founded iBrite, which designed groundbreaking mobile software. The patent application that Robert filed for iBrite has been citied more than 30 times and the iBrite software was used my Mapquest to put maps on a mobile device for the first time that we know of and was also used to put Microsoft Powerpoint on a Palm mobile device (which he believes was the first time this was done). Robert has been CEO of two publicly traded companies. One provided business process outsourcing services to Fortune 500 clients like Amgen, FedEx, GMAC and Ecolab (NYSE: ECL) and processed more than $1B a year in accounts payable transactions for Ecolab and scanned more than 30 million pages of loan documentation for GMAC. The other developed software that searches the Internet for copyright infringement and to date more than $1B in civil judgements have been awarded to copyright holders based on the case law that resulted from this technology.
Los Angeles, CA, Nov. 12, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and...
Read MoreLos Angeles, CA, Nov. 06, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and...
Read MoreLos Angeles, CA, Nov. 01, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and...
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