Tag Archive for: Online Shopping

Facebook says holiday shopping is bigger on social media than the Super Bowl

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The Thanksgiving shopping weekend has officially become the biggest social media event of the year, garnering more discussion on Facebook and Instagram than even the most recent Super Bowl.

According to an email from Facebook to Social Pro Daily, more than 130 million people talked about Black Friday, Small Business Saturday, and Cyber Monday this year.

Facebook alone generated more than 226 million interactions from 90 million people about the Thanksgiving shopping weekend, while 52 million talked about the deals and shopping experience on Instagram.

Surprisingly, Black Friday and Cyber Monday weren’t the biggest days of the weekend on social media. Despite being considered the smaller event of the holiday, mentions of Small Business Saturday actually surpassed mentions of Cyber Monday. The day devoted to local small businesses also created two of the top hashtags on Instagram with “ShopSmall and #ShopLocal.

Other notable stats from the weekend according to Facebook:

  • There were more than 450 million views over the weekend on Facebook of videos related to Black Friday and similar topics.
  • Black Friday conversation on Facebook and Instagram was driven by women between 35 and 54.
  • Men between 18 and 34 were more likely to discuss Cyber Monday.
  • More than one-third of Instagram business profiles posted Instagram Stories during the holiday weekend.
  • The top five shopping-related hashtags on Facebook and Instagram over the weekend were: #BlackFriday, #CyberMonday, #SmallBusinessSaturday, #ShopSmall and #ShopLocal.
  • The three most engaged states on Facebook were Kentucky, Indiana, and Tennessee.
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Survey Says Online Shoppers Are Looking For Well-Known Brands

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The holiday shopping season is currently at a fever pitch, where it will likely stay until Dec. 26th, and more and more consumers are using the internet to aid their purchases. Online shopping isn’t new, but the prevalence of smartphones has made it easier than ever to turn to the internet to find what you need and shoppers aren’t shy about consulting the web before any purchase.

But, how does this affect shopping patterns and what are these consumers looking for exactly? If your brand is online, chances are you want to capitalize on the huge amount of online shoppers both at home and those using their smartphones while they shop. Unfortunately, a new survey from Search Engine Land and SurveyMonkey suggests this may be harder for smaller brands to do than anticipated.

It shouldn’t come as any surprise that many online shoppers are looking for well known brands, but it might raise your eyebrows to learn it is the most important factor to many shoppers. The survey conducted on November 21-22 of this year shows that 70% of shoppers are focused on finding brands they are already familiar with. The only other factor which received over 50% of the response was free shopping.

The good news is this doesn’t spell the end for local businesses trying to grow their brand during the commerce season. Location and reviews still made a strong showing in the results, as did sales. Many shoppers also focused on retailers who offer images and easily viewable prices for their products.

Smaller brands can also take some solace in knowing the survey was limited to a relatively small sample size of roughly 400 Americans using SurveyMonkey Audience. You can see a chart of the results below.

Online Shopping Survey Graphic

Source: Search Engine Land / SurveyMonkey

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Use Social Media for Awareness, Not Sales

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Forrester Research Inc. recently researched the purchase paths of 77-thousand online shoppers to come to the conclusion that social media does not lead to direct sales. As Zach Stambor reports for Internet Retailer, “less than 1-percent of transactions for new and repeat customers can be traced back to social links.” 

Despite these findings, another Forrester survey found that, when asked, consumers claim that they do make purchases based on social media posts. Nearly half agreed that they find out about new products or brands through social media and 40-percent said social media posts are “a great way to discover sales.”

Essentially, this means that, despite the lack of direct sales associated with social media, it is still a valuable tool to raise awareness of your brand. Think about your own purchase path for products you’ve bought online. Does one email or social media post lead you to whip out your credit card? More than likely, you do some research and view mulitple marketing channels.

Forrester’s purchase path analysis found just that. One-third of shoppers take this multi-faceted approach for first time customers and it’s almost half of repeat buyers.

Perhaps the most telling statistic to come from the analysis is the role of email for repeat customers. Almost a third of that return business came from email. 13-percent went directly from email to sale and 17-percent read the email and clicked through to other marketing channels.

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