Hard to tell for sure, of course, but the recent blanketing of facebook with political advertising doesn't seem to have achieved that much except for buying Brad Parscale a ferrari.
Social media does presumably have some effect but I'm not sure how you'd tell how much/how little compared to other approaches for reaching people.
What form it takes isn't as important as the fact that it supplies enough content / entertainment / methods of consumption that one can subscribe to it and have 100% of their bandwidth filled, to the exclusion of competing narratives.
Talk radio was an imperfect expression of this, because radio isn't portable in the same way that app-based social media + mobile devices / Fox News are.
But it's entirely possible to prevent someone from ever being exposed to a contrary narrative, simply by filling all their available time.
That's the central premise of Elizabeth Eisenstein's The Printing Press as an Agent of Change (1980) https://www.cambridge.org/core/books/printing-press-as-an-ag...
I've compiled a related bibliography that gets at other aspects, including social and online media.
https://old.reddit.com/r/dredmorbius/comments/7k7l4m/media_a...
Brad Parscale, the Trump campaign digital director, and Dan Scavino, Trump's social media manager, regularly visited the site.