Download your copy of Lab42’s social media shopping topline report
As technology continues to evolve, social media is increasingly playing a central role in how we shop and make purchases.
With this in mind, we wanted to take a closer look at how these platforms are impacting consumer behavior. We surveyed 1,000 American social media users, aged 13+ years old, who had ever made an online purchase.
Our research identified insights and implications such as:
Shopping on social media is booming, but there's room for improvement in the user experience. Brands can streamline the purchasing process for consumers.
Influencers are great for raising brand awareness, but brands should also consider other strategies to drive actual sales.
Targeted ads on relevant platforms may lead to higher sales as shoppers are more likely to make planned purchases rather than impulsive ones.
Improving product quality, return policy, and delivery speed can ease shoppers' concerns and increase the likelihood of a sale.