What is Social Commerce?

What is social commerce? An infographic describing the social media influence on the commerce and the SavelGo role as social commerce platform By 2014, 53 percent of total retail sales (online and offline) will be affected by the Web, as consumers increasingly use the Internet to research products before purchasing. 74% rely on social networks to guide purchase decisions. 53% REVIEWS Social networks remain 83% the top destination online. 60 percent of people who use 3 or more digital means of researching products learned about a Retailer through a Facebook or Twitter post. 83 percent of consumers say it would be important to read user-generated content before making a decision about banking or other financial services. 74% 83% "After interacting with companies or brands via new media, I generally have a more positive impression of the company or brand." percent said 83 percent of all holiday shoppers are influenced by customer reviews. 73% The average consumer today checks 10.4 information sources before buying. 73 percent of consumers say it would be important to read user-generated content before making a decision about purchasing food. 51% Over half of consumers are using the Internet before making a purchase in shops, educating themselves on the best deals available. 75 percent of women say ads on social networks don't encourage them to purchase. When making brand decisions... Millennials are 262 percent more likely than the average shopper to be influenced by smartphone apps, 247 percent are more likely to be influenced by blogs or social networking sites, and 216 percent are more likely to be influenced by in-store touch screen displays. 100% 200% |262% Smartphone App 247% Blogs / Social Network Touch Screen display YOOH216% SavelGO Design by infographicmachine.com O0000000