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Meta Platforms to Benefit from Improving Monetization of New Products
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Wedbush analysts predict that Meta Platforms will see improved monetization of its new products, including Reels, click-to-message, and generative AI services, in 2024. They anticipate increased adoption and monetization of these services, leading to higher margins and industry growth rates in eCommerce and digital advertising.
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How might the increased adoption of generative AI services affect the competitive landscape in the technology industry?
How will the successful monetization of new products impact Meta Platforms' overall market position?
What strategies is Meta Platforms implementing to drive the adoption of these innovative services?
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