Development trend: How does social media drive the rise of social power providers?

Source: Internet
Author: User
Keywords Social media nbsp consumer social business trends

BII, a well-known science and technology blog website BusinessInsider, recently published a study that analyzes the success stories of companies and business models that operate through social media strategies, and then counts the difference between social-business-change data and social platforms in order value, Analyzes the reasons for Pinterest's success in social business and the potential for Facebook's development in the social business arena.

The overall use of social media platforms is growing, with countless consumers logging on to Facebook, Twitter and Pinterest social platforms to top and post Twitter and nail pictures every day. Retailers and brand makers are also increasingly concerned about social commerce.

But here's the question: how can you turn consumer social behavior into income for social platforms? Can social media really be a source of revenue generation or increased traffic?

After research, BII has summed up some trends in the social business market, which will transform social media into a viable business platform. These development trends are as follows:

1. The rise of Mobile:

The rise of the mobile means that consumers can make comparisons anytime, anywhere, and seek pertinent advice from their friends. Overall, Mobile's share of consumer time attracted by social media has reached 40% per cent, with Facebook's mobile business having more than 50%,pinterest's share of consumer time reaching 48%.

Facebook and Pinterest share more than 56% of the total E-commerce sales generated by social media, according to Addshoppers, a social-business platform. Since the number of mobile devices will continue to increase, this proportion will only continue to rise.

As brand makers increasingly focus on social media, coupled with the 8084.html ">" Boom in Mobile markets, social media will inevitably turn away from the traditional display of advertising business to the emerging social-business model.

 

How much of the social media-inspired shopping behavior is done through mobile devices?

2, the emergence of visual network:

Many sites, such as Tumblr, Pinterest, Instagram and Wanelo, bring together a variety of shopping concepts that have become the vanguard of fashion. For example, the results of a new survey by Mobile directory company Zmags show that 63% of online shoppers say they intend to use the web directory, while another 35% of consumers say they intend to use Pinterest to assist in shopping.

 

American Featured product retailer accepts social media ratios

3. Demographic statistics:

Young consumers are used to shopping online, and they tend to use smartphones and tablets as an important shopping tool. The majority of Pinterest's users are between 30 and 49 years old, and consumers in this age group usually have the financial resources to rich. Pinterest's users tend to be more feminine, and businesses know that women usually control the money bags for household items such as clothing, household goods and gifts, which is the Pinterest's most-watched commodity. There is growing evidence that Pinterest is actively encouraging consumers to shop in physical stores.

 

Where do the Pinterest-affected consumers find the last item they buy in a physical store?

4. There are still many important challenges:

Whatever form of social commerce requires a better reflection of the basic principles of e-commerce. Amazon has done very well in this area, as long as the online shopping operation is simple and convenient, consumers will gladly accept it. Many consumers may sometimes log on to a retailer's website because of a social recommendation, when they are not buying strongly and are likely to disappear quickly. Now, before the user sees the most critical "buy" button, the social business strategy will be a good first. The average value per order varies from market research institutions, but Pinterest is at the forefront of any research institute's statistics.

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