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Why Sales on Social Media Will Be Huge By 2015 [INFOGRAPHIC]

Why Sales on Social Media Will Be Huge By 2015 [INFOGRAPHIC] | Social Media (network, technology, blog, community, virtual reality, etc...) | Scoop.it

Shopping on social media may not be big right now, but by 2015, it's expected to explode...

A new infographic by has found that “social commerce sales are expected to bring in $30 billion each year by 2015, with half of web sales to occur through social media,” writes Samantha Murphy of Mashable. Currently, one in three small businesses use Facebook, while there are over 42 million fan pages on Facebook. Seventeen percent of those sell products on the pages.

Facebook fans are 79 percent more likely than a non-fan to purchase a product, and 74 percent of fans are more likely to recommend a company or product. The social media site also drives 26 percent of referral traffic to company websites. Right now ”20 percent of shoppers prefer to purchase products via Facebook than the brand’s website”— and that number is expected to climb.


Via Lauren Moss
SandraVBarbosa's comment, November 21, 2012 6:56 PM
Thanks.
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Backup Your Social Media Accounts For Free With Backupify

Backup Your Social Media Accounts For Free With Backupify | Social Media (network, technology, blog, community, virtual reality, etc...) | Scoop.it

Imagine one fine day Facebook or Twitter suspends your account. You apply for reactivation and then wait until the account is restored, but there is a good chance of your account never seeing the light of the day leaving you with no option but to open a fresh account and start all over again.

 

Social media plays a dominant role in our lives and it is estimated that 22 percent of all time online, or one in every four and half minutes is spent on a social network. Shutting down a Twitter or a Facebook account literally erases one’s online identity along with the data has been shared with friends over the years...


Via Martin Gysler
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