Social buying. Everyone and their mama is doing it ¡ª or maybe it¡®s just me and my family. I¡¯m consistently tagged in posts (thank you, cousin) about adorable gifts, must-have outfits, and the like.
Now, I¡¯m a content marketer who knows when I¡¯m being sold to, but even I get lured by social posts with irresistible products. And I know I¡¯m not alone ¡ª as of 2024, over (roughly 42% of internet users) are fellow social buyers.
So, if you¡¯re a brand selling products to consumers and you¡¯re not already using social selling, 2024 is a superb year to start.
Not convinced?
Let¡¯s explore the social commerce landscape, best practices, and fun examples of brands already seeing success. Plus, I¡¯ll share insights from experts I talked to about the future (and present-day) of social commerce.
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Social Media and Online Shopping ¡ª Today's Landscape
Salespeople. Marketers. Brands. They¡¯re all jumping aboard the social selling bandwagon for good reason. Global social commerce sales could reach an astounding .
I know it¡¯s a staggering number, but forecasts aren¡¯t always enough to convince the gatekeepers of our selling and marketing budgets, are they?
So, let¡¯s look at some facts and numbers straight from the horse¡¯s mouth (buyers and brands):
- Salespeople reveal, ¡°Our highest quality leads , so we¡¯ll prioritize this channel.¡±
- Consumers say, ¡°36% of us use social media to find new products, plus 28% of us Gen Z and Millennials purchased directly from social media apps within the past three months.¡±
- agree that ¡°consumers are buying our products directly from social apps more than they purchase from our brand websites or third-party resellers.¡±
- 87% percent of brands confirmed that ¡°social selling has been...