Antavo AI Loyalty Cloud’s Post

Did you know that: - 50% of consumers say that they would choose another retailer over a marketplace if there was “cheaper pricing” 💰 - 62% of global shoppers say that they intend to buy more through social media in the future 📣 Consumers are ready to shop around more in order to find the best price thus challenging the brand and channel loyalty of the past. I enjoyed upgrading my industry knowledge and am looking forward to more meaningful client conversations 💡 #growthmindset #digitalmarketing #consumerbehaviour #ecommerce

In 2023, 106.8 million people in the U.S. shopped on social media! 📱 This number is set to grow by 10.6%, reaching 118 million by 2027. Social media shopping is on the rise—are you ready to tap into this trend? #eCommerce #BusinessGrowth #OnlineSales #DigitalCommerce #TechTrends #OnlineShopping #RetailTrends #DigitalSales #FutureOfRetail #eCommerce #RetailTrends #OnlineShopping #BusinessGrowth #OnlineShopping #ShopOnline #OnlineStore #Retail #eCommerceTips #DigitalMarketing #ShopNow #BuyOnline #eCommerceBusiness #eCommerceMarketing #SmallBusiness #eCommerceTips #OnlineRetail

🌐 Social media has evolved into a hub for social commerce A lot of customers are starting their shopping journeys directly on social media platforms, utilizing options like "shop now" or "learn more," seamlessly connecting to e-stores or engaging in Marketplace transactions. Around 20% in the Baltics and 35% in Sweden have purchased products or services via social media 🚀 It's fascinating to anticipate the retail disruption this shift might bring! However, it’s crucial for both buyers and sellers to feel confident about data sharing security with these platforms to ensure successful transactions. 🔒 Currently, only a limited segment of the population feels confident in sharing personal data with social platforms, with confidence levels ranging from 20% to 30%. There’s still a long way to go to build trust and fully harness the potential of social commerce. 💡 #SocialCommerce #RetailRevolution #DigitalTransformation #ECommerce #Baltics #Sweden #DataSecurity #MarketResearch

In an illuminating forecast for the ecommerce sector, data suggests that by 2025, the U.S. will see 108 million social commerce shoppers. This pivotal shift underscores the critical role of social media in shaping future shopping behaviors and the immense potential it holds for businesses aiming to leverage digital platforms for growth. As professionals in the ecommerce space, staying ahead means embracing these evolving trends to craft more engaging, dynamic shopping experiences. #DigitalTransformation #EcommerceInnovation

Bracing for the social media shopping phenomenon: #DHL on the latest trends in #ecommerce The initial chapter highlights trends shaping today's e-commerce landscape, based on a survey of 12,000 consumers in 24 countries https://lnkd.in/e7WX7jqq

How Consumers Are #Shopping on Social Media & Tips for Retailers to Thrive! 🤔 The way we shop is undergoing a dramatic transformation. Gone are the days of solely browsing physical stores or clunky e-commerce websites. Today, social media platforms are rapidly evolving into vibrant digital marketplaces, blurring the lines between browsing, connecting, and buying. This shift in consumer behavior presents a golden opportunity for retailers. Understanding how consumers are shopping on social media and adapting your strategy accordingly is crucial for success in the ever-evolving #retail landscape. Let's discuss! 😎

Embrace the Future of Shopping! 62% of global consumers plan to shop more through social media in the coming years—up from 53% last year! Social commerce is more than just ads; it’s a complete shopping journey influencing purchasing decisions. Now’s the time to optimize your strategy for this growth channel! Click the link to download our Future Shopper Report and learn how to stay ahead 👉 https://bit.ly/3Tl5NBC #SocialCommerce #FutureShopper #Ecommerce #ConsumerTrends

Quote of the Day: "Digital & Social Commerce is the new store end caps. Digital & Social have become critical elements to a post-COVID store end cap display as more and more consumers discover products online creating a threat for legacy brands and a tremendous opportunity for new brands in an ‘Always On,’ ever-changing consumer world." From Comscore, Inc.'s most recent "State of Digital Commerce" report #omnichannelretail #ecommerce #retailsales

Check it out! 📣 The report reveals that inflation is impacting online spending. 📊 Having access to competitor pricing and the impact on their Amazon revenue is critical for your pricing strategy. 💰 Jungle Scout Cobalt analyzes the market along with competitor pricing. 📈