The advertisers are fleeing because they’ve finally figured out that Facebook’s statistics about its users are a total fraud.
I have personally sold six pickup truck loads of firewood by posting it on my local FB town page in the last couple weeks. I am advertising to people who live within 5 or 6 miles of my house.
I also am a member of a Harman Pellet stove group on FB. Anytime I have ever had an issue there is someone who has an answer/suggested remedy within an hour or less.
Many small businesses now have FB pages instead of maintaining a website. There are people who make a living just on side hussell jobs they get off of FB.
Lastly, almost all the people I have sold the firewood are MIDDLE AGED WOMEN(5 out of 6). I sell it for CASH. However, I have had two of them ask me if I take VENMO.