Paid Social works in a similar way to PPC campaigns, where you pay per interaction with your adverts.
However, the biggest difference between the two is the intent of the audiences.
Typically, an audience on Paid Social will have much lower intent to buy, as they’re not actively searching for solutions to their problems - they’re simply browsing the platform.
With that being said, the price to reach an audience can often be much lower, so it’s still a great opportunity for businesses to explore.