Social media not only drives people to make online purchases; it also drives an equal volume of in-store sales. Data from surveys in the US, Canada, and UK demonstrates that while "showrooming" is a concern for retailers, an even larger phenomenon is "reverse showrooming" - customers who browse online and buy in physical stores. A study in the Harvard Business Review focuses on how Pinterest in particular influences in-store shopping, finding that people are more likely to discover, research, and spontaneously purchase items after pinning them on Pinterest. The data shows different pathways that Pinterest users take from pinning to purchasing both online and offline.
From Social to sale - Livre blanc - Visioncritical - Juin 2013Lise Déchamps
Putting hard numbers behind the claim that social drives sales has provided the foundation for a much larger study that we also release today. From Social to Sale: 8 questions to ask your customers takes a comprehensive look at the purchasing influence of three major social networks: Pinterest, Facebook and Twitter. Drawing on a data set that spans 17 months and includes nearly 6,000 interviews focused social media-inspired purchasing, it's an unprecedented picture of how social media sharing translates into specific purchases.
After all, 67% of all Internet users use social networks, according to Pew Internet research. Indeed no online marketing strategy is ever complete without it. But at the end of the day, its sales—not likes, retweets, or repins—that keep the business going. So the question now is…
When it comes to acquiring and retaining customers, the goal should be to develop strategies that scale efficiently and make the most of every dollar. But to do that, you first need to
understand your target consumers.
So we surveyed 1,800 U.S. consumers, illuminating trends on how they discover new retailers, why they decide to try a retailer, and what convinces them to recommend a retailer to others. From there, we developed strategies and tactics that capitalize on those behaviors to help you maintain a steady flow of new and repeat customers.
Marketing Through the Visitor Behavior Cycle - Travel and TourismOff Madison Ave
Roger Hurni presents Marketing Through the Visitor Behavior Cycle at the Arizona Governor's Conference on Tourism. Learn the ins and outs of segmented customer marketing and how Off Madison Ave applied these learnings as the Arizona Office of Tourism's Agency of Record.
Social networks are well-established, as is e-commerce, but it’s only now that we’re seeing the meshing of the two and a great deal of hype around the possibilities. This report charts how retailers and other brands are using the social graph to engage consumers wherever they may be—creating more personal, accessible experiences—and to amplify word-of-mouth.
“Social Commerce” examines three key trends: the rise of Facebook commerce (retailers selling directly on Facebook), overlaying the social graph on e-commerce sites and introducing that social graph to the brick-and-mortar world. It looks at what innovative retailers and others are doing in these areas, as well as what’s driving each trend and the significance and potential for marketers. It also spotlights things to watch in this space, from apps that enable sharing while shopping to Facebook Credits.
In addition to desk research, we interviewed experts and influencers in research, technology and business, and conducted a quantitative survey in the U.S. and the U.K. The survey used SONAR™, JWT’s proprietary online research tool, to poll 971 adults aged 20-plus from May 20–June 1, 2011.
From Social to sale - Livre blanc - Visioncritical - Juin 2013Lise Déchamps
Putting hard numbers behind the claim that social drives sales has provided the foundation for a much larger study that we also release today. From Social to Sale: 8 questions to ask your customers takes a comprehensive look at the purchasing influence of three major social networks: Pinterest, Facebook and Twitter. Drawing on a data set that spans 17 months and includes nearly 6,000 interviews focused social media-inspired purchasing, it's an unprecedented picture of how social media sharing translates into specific purchases.
After all, 67% of all Internet users use social networks, according to Pew Internet research. Indeed no online marketing strategy is ever complete without it. But at the end of the day, its sales—not likes, retweets, or repins—that keep the business going. So the question now is…
When it comes to acquiring and retaining customers, the goal should be to develop strategies that scale efficiently and make the most of every dollar. But to do that, you first need to
understand your target consumers.
So we surveyed 1,800 U.S. consumers, illuminating trends on how they discover new retailers, why they decide to try a retailer, and what convinces them to recommend a retailer to others. From there, we developed strategies and tactics that capitalize on those behaviors to help you maintain a steady flow of new and repeat customers.
Marketing Through the Visitor Behavior Cycle - Travel and TourismOff Madison Ave
Roger Hurni presents Marketing Through the Visitor Behavior Cycle at the Arizona Governor's Conference on Tourism. Learn the ins and outs of segmented customer marketing and how Off Madison Ave applied these learnings as the Arizona Office of Tourism's Agency of Record.
Social networks are well-established, as is e-commerce, but it’s only now that we’re seeing the meshing of the two and a great deal of hype around the possibilities. This report charts how retailers and other brands are using the social graph to engage consumers wherever they may be—creating more personal, accessible experiences—and to amplify word-of-mouth.
“Social Commerce” examines three key trends: the rise of Facebook commerce (retailers selling directly on Facebook), overlaying the social graph on e-commerce sites and introducing that social graph to the brick-and-mortar world. It looks at what innovative retailers and others are doing in these areas, as well as what’s driving each trend and the significance and potential for marketers. It also spotlights things to watch in this space, from apps that enable sharing while shopping to Facebook Credits.
In addition to desk research, we interviewed experts and influencers in research, technology and business, and conducted a quantitative survey in the U.S. and the U.K. The survey used SONAR™, JWT’s proprietary online research tool, to poll 971 adults aged 20-plus from May 20–June 1, 2011.
Influencer Marketing: A Look at Mom Bloggers, Their Influence and ReachWomen's Marketing, Inc.
Moms have always shared information on brands and products, but mom bloggers are changing the way women find and engage with brands. Learn how influencer marketing can elevate your brand and discover actionable tips for working with bloggers.
Since 2018 we have asked 100 mums, 10 identical questions about social media and what influences their purchase decision. Here are the results, 2018-2020 in graph format. Demonstrating some very interesting trends for brands needing to sell to mums.
Call Vista on 01295 369 182 for more information.
A brilliant group of marketers from brands, agencies and vendor platforms descended on Miami for the WOMMA Summit 2015. Here are the top 10 lessons we walked away with, but only because there wasn’t room for the uncountable lessons actually learned.
FEED: The Razorfish Digital Brand Experience Report 2009Razorfish
How do consumers engage with brands in an increasingly digital world? That's the fundamental question we set out to answer with this year's FEED report.
E-Commerce Reviews & Marketing: The Dramatic Reshaping of the Consumer Experi...Influence Central
Searching for a new product? Can’t decide between two different brands? Today, everything you need to know can be found at your fingertips through e-commerce reviews. Through personal product usage experiences chronicled on online sites or authentic narratives posted on social media platforms, online reviews have transformed today’s purchasing journey. Moreover, these e-commerce reviews now impact every phase of the consumer path to purchase – from initial product research to closing the final sale.
In this webinar, Influence Central CEO and Founder Stacy DeBroff discusses new Influence Central research on the rise of e-commerce reviews – how they’ve impacted online and offline sales, sparked new product trial, and launched a generation of savvy, discerning consumers.
eMarketer moderates a special presentation with Danielle King Sherman, vice president at Kelton Research and Bill Schneider, vice president of product marketing at SheerID. Watch as they uncover findings from their latest consumer study which surveyed 1,000 shoppers on what factors motivate them to try a new brand, make a first purchase and shop more frequently.
NM Last Call Studio has 37% positive sentiment from fans on social mediaSimplify360
Last Call NM doesn’t have much conversations on social media. Most conversations are related to product photos and link to ecommerce sites.
There are lots of opportunities for Last Call NM to leverage existing social media klout because there are many customers who are taking positively about the products and sharing them on social media.
ExactTarget analiza los elementos diferenciadores de Twitter frente a otras redes sociales, su potencial para las interacciones marca-consumidor, etc. (en inglés)
Eric Swayne, Director of Social Analytics & Insights at M/A/R/C Research, highlighted the business applications of social media at the National Association of Local Advertisers in June 2011.
Uncover emerging trends about your website visitors in this unique and exclusive report that analyzes more than 600 million online shopping experiences.
Download the latest edition of the EQ at http://pages.monetate.com/eq/?utm_source=M-S-LinkedIn&utm_campaign=C-R-EQ
Retail research from social media agency, immediate future, exploring the differences between men and women in social shopping behaviours and e-commerce,
How does digital marketing influence the consumers buying or purchasing decisionBOXFinity pvt ltd
Customers buying or purchasing decisions are the main pillar to any conversion. Understanding this behaviour is tough through traditional marketing and when it comes to digital marketing, it helps brands get the right insights and analytics about consumer behaviour.
Back in 2006 when Twitter launched people didn't know what hash tags were, or in 2004 when Facebook launched, fan pages didn't exist!.
Since then technology has moved on. Learn the latest trends in social media, from Like gating on Facebook to Market research.
Extensive Social Insights on the Retail IndustryBrandwatch
This Retail Report investigates over 10 million online conversations surrounding 43 major retailers, uncovering:
- The Retail Social Index
- Brand-audience relationships
- Retailers' response rates
- Demographic analysis
- Analysis on retail pharmacies
Contrary to popular belief, technology is actually making people more empathetic. The Internet is not driving people apart; rather, it's bringing people together. In an effort to humanize their web experience, consumers are volunteering more information—and that's good news for forward-thinking brands. To embrace this warming web, digital marketers must strive for emotional engagement with their customers to establish connections that are more meaningful than likes and retweets.
Influencer Marketing: A Look at Mom Bloggers, Their Influence and ReachWomen's Marketing, Inc.
Moms have always shared information on brands and products, but mom bloggers are changing the way women find and engage with brands. Learn how influencer marketing can elevate your brand and discover actionable tips for working with bloggers.
Since 2018 we have asked 100 mums, 10 identical questions about social media and what influences their purchase decision. Here are the results, 2018-2020 in graph format. Demonstrating some very interesting trends for brands needing to sell to mums.
Call Vista on 01295 369 182 for more information.
A brilliant group of marketers from brands, agencies and vendor platforms descended on Miami for the WOMMA Summit 2015. Here are the top 10 lessons we walked away with, but only because there wasn’t room for the uncountable lessons actually learned.
FEED: The Razorfish Digital Brand Experience Report 2009Razorfish
How do consumers engage with brands in an increasingly digital world? That's the fundamental question we set out to answer with this year's FEED report.
E-Commerce Reviews & Marketing: The Dramatic Reshaping of the Consumer Experi...Influence Central
Searching for a new product? Can’t decide between two different brands? Today, everything you need to know can be found at your fingertips through e-commerce reviews. Through personal product usage experiences chronicled on online sites or authentic narratives posted on social media platforms, online reviews have transformed today’s purchasing journey. Moreover, these e-commerce reviews now impact every phase of the consumer path to purchase – from initial product research to closing the final sale.
In this webinar, Influence Central CEO and Founder Stacy DeBroff discusses new Influence Central research on the rise of e-commerce reviews – how they’ve impacted online and offline sales, sparked new product trial, and launched a generation of savvy, discerning consumers.
eMarketer moderates a special presentation with Danielle King Sherman, vice president at Kelton Research and Bill Schneider, vice president of product marketing at SheerID. Watch as they uncover findings from their latest consumer study which surveyed 1,000 shoppers on what factors motivate them to try a new brand, make a first purchase and shop more frequently.
NM Last Call Studio has 37% positive sentiment from fans on social mediaSimplify360
Last Call NM doesn’t have much conversations on social media. Most conversations are related to product photos and link to ecommerce sites.
There are lots of opportunities for Last Call NM to leverage existing social media klout because there are many customers who are taking positively about the products and sharing them on social media.
ExactTarget analiza los elementos diferenciadores de Twitter frente a otras redes sociales, su potencial para las interacciones marca-consumidor, etc. (en inglés)
Eric Swayne, Director of Social Analytics & Insights at M/A/R/C Research, highlighted the business applications of social media at the National Association of Local Advertisers in June 2011.
Uncover emerging trends about your website visitors in this unique and exclusive report that analyzes more than 600 million online shopping experiences.
Download the latest edition of the EQ at http://pages.monetate.com/eq/?utm_source=M-S-LinkedIn&utm_campaign=C-R-EQ
Retail research from social media agency, immediate future, exploring the differences between men and women in social shopping behaviours and e-commerce,
How does digital marketing influence the consumers buying or purchasing decisionBOXFinity pvt ltd
Customers buying or purchasing decisions are the main pillar to any conversion. Understanding this behaviour is tough through traditional marketing and when it comes to digital marketing, it helps brands get the right insights and analytics about consumer behaviour.
Back in 2006 when Twitter launched people didn't know what hash tags were, or in 2004 when Facebook launched, fan pages didn't exist!.
Since then technology has moved on. Learn the latest trends in social media, from Like gating on Facebook to Market research.
Extensive Social Insights on the Retail IndustryBrandwatch
This Retail Report investigates over 10 million online conversations surrounding 43 major retailers, uncovering:
- The Retail Social Index
- Brand-audience relationships
- Retailers' response rates
- Demographic analysis
- Analysis on retail pharmacies
Contrary to popular belief, technology is actually making people more empathetic. The Internet is not driving people apart; rather, it's bringing people together. In an effort to humanize their web experience, consumers are volunteering more information—and that's good news for forward-thinking brands. To embrace this warming web, digital marketers must strive for emotional engagement with their customers to establish connections that are more meaningful than likes and retweets.
Contrary to popular belief, technology is actually making people more empathetic. The Internet is not driving people apart; rather, it's bringing people together. In an effort to humanize their web experience, consumers are volunteering more information—and that's good news for forward-thinking brands. To embrace this warming web, digital marketers must strive for emotional engagement with their customers to establish connections that are more meaningful than likes and retweets.
Social media is a journey, not a destinationRichard Meyer
You can’t put a date on the calendar that reads, “this is the day we will be a social business.” Instead you must set goals, objectives and realize the only guarantee is change .
Retrouvez chaque semaine notre sélection des meilleures campagnes publicitaires ainsi que les temps fort du blog Reflet Communication.
www.refletcommunication.com/blog
This section relates to social media. Why businesses should not avoid social media for marketing their business. There are certain ways to improve the branding of your organization.
FEED: The Razorfish Digital Brand Experience Report 2009 Key FindingsRazorfish
How do consumers engage with brands in an increasingly digital world? That's the fundamental question we set out to answer with this year's FEED report.
With the holiday season approaching, the research surveyed more than 2,000 American adult shoppers, exploring their current attitudes, habits, and use of technology as part of the shopping experience. It shows that to succeed during the holidays, retailers need to fix the disconnected shopping experiences, empower store associates with technology and target the trillion-dollar millennial consumer.”
Social Listening in Practice: Social SellingBrandwatch
This paper, one of the Social Listening in Practice use case series, is going to show you how social selling will bring your business into the sights of the 81% of consumers who are undertaking pre-purchase research online right now.
Social Media is no longer the wave of the future, it is now a standard business practice that is essential to developing strong, loyal relationships with your target audience. Social Mea (pronounced “may-uh”) will help you navigate the waters of social media through a variety of services from consulting, account set up, community management, conversation monitoring, content creation, custom add-ons and MORE!
www.socialmea.com
It is no longer a question of should be be on social media it is when are you going to get started. I outline the reasons you need to be there now and one reason for why you still aren't on board.
The Social Shopper: How Retailers Can Connect with Shoppers Marisa Peacock
Considering that four in ten social media users have purchased an item online after sharing it on Twitter, Facebook or Pinterest, there is much to gain by leveraging the loyalty and sustained satisfaction that social media can bring. Successful social media campaigns start with understanding the behaviors associated with your audience. Learn best practices designed to get the most out of social media as you launch campaigns to connect with customers.
Susan Frazier, director of custom research at PBS, shares how their organization creates customer-led marketing campaigns that continually elevate their content, ratings and brand: http://bit.ly/2Aw3xkL
Keurig Canada consumer insights analyst Eileen Chen shares how the company maintains its lead in the single-serve coffee market by leveraging customer relationships and giving customers products they truly desire.
Insight that drives sales: How Sun Life Financial leverages insight to create...Vision Critical
Learn how Sun Life Financial used customer intelligence to create targeted marketing messages and saved nearly $1 million in market research costs in the process.
Everything Marketers Need to Know About Generation ZVision Critical
New data on Gen Z attitudes on media consumption, travel, financial services, health care, retail and more. This exclusive report also reveals important differences between Millennials and Generation Z.
Discover how authentic, ongoing customer insight helps DEWALT and Chico’s create and sell better products.
Watch the on-demand webinar: http://ow.ly/ebmw30055J9
Listen to the webinar here: http://ow.ly/4n83yg
Brian Solis, renowned speaker and digital marketing guru, and Nick Stein, senior vice president of marketing at Vision Critical, shares how to improve your company's end-to-end customer experience.
Discover tips and strategies on how to spread the impact of your research throughour your organization and how to use your insight community as a tool for collaboration.
This deck was first presented at the 2015 Vision Critical Summit.
Keeping top-performing physicians happy is the key to a hospital's success. They enhance the reputation of your hospital and attract more patients. With physician engagement at an all-time low, hospitals need to find a solution—and fast.
Discover how an insight community can help you build better relationships with your physicians and drive better business decisions:
https://www.visioncritical.com/solutions/health-and-pharmaceuticals/
Ninety six percent (96%) of tech manufacturers sell their products through the help of a channel partner, dealer or value-added reseller. Much is riding on keeping partners happy and loyal.
Discover four reasons why vendor-partner relationships fall apart and what you can do about it in this infographic from Vision Critical.
To find out more about how you can engage with channel partners and keep your relationships strong, watch a demo for the Vision Critical Partner Intelligence Suite:
http://ow.ly/Piiiv
Fans aren't as loyal as they used to be. They're busying fewer tickets, increasingly distracted by entertainment options and following teams in a way that wasn't possible without technology. In exchange for their loyalty, they demand a new level of intimacy with teams, from social media exchanges with players to behind-the-scene tours. Leagues that don't find new ways to engage with fans risk losing more than games.
Give your fans more than a winning streak. Discover how world class sports organizations are harnessing the collective wisdom of their fans: http://ow.ly/L6miq
So You Think Your Company is Customer-Centric, But are You Really? Vision Critical
In the era of the customer, many companies claim to put their customers at the core of their business. But do they really? Is your company truly customer-centric?
Discover how outperforming companies put customers at the center of their strategies.
For more:
http://bit.ly/ccentric-info
The Customer Revolution: 3 Remarkable Stories to Live ByVision Critical
There's a revolution going on.
We are living in the age of the empowered customer. Fuelled by the widespread adoption of cloud, social, and mobile technologies, our customers now have access to more information, more choices, and more opportunities to broadcast their opinions than ever before.
Equip yourself for today’s empowered customer. Read this Slideshare presentation to learn about 3 companies that are showing what it means to thrive in the customer revolution.
To learn more, read the manifesto for companies in the age of the empowered customer: http://bit.ly/custrevs
Market research and insight professionals are now at center stage for helping businesses make sense of consumer data and make it count. More than ever before, marketing team heads and C-suite executives are counting on these individuals and groups to get a handle on the people that matter most to the business—the customers.
Industry pundits and analyst have come out and said that we’re living in the Age of the Customer and the only competitive advantage a business has is how it interacts with and wins over its customers. Marketing teams are trying harder than ever to get a handle on this group. So much so that Gartner has predicted that by 2017 the CMO will outspend the CIO on information technology tools used to help marketing understand the customer.
This presentation is about the researcher of the future; it walks through the 5 steps researchers and marketers need to do to make data count in the enterprise.
This PowerPoint deck was first presented by Andrew Reid, Founder, President and Chief Product Officer at Vision Critical, at the Advertising Research Foundation's Re:Think 2014 conference.
For more information about Vision Critical, please visit:
http://www.visioncritical.com
Privacy, Permissions and the Evolution of Big DataVision Critical
In the a world with stronger privacy regulations, how can you get customer consent to access the data that drives your marketing and your business? Big Data has allowed business to tap the power of customer data, but increased public attention to privacy—and pressure for government regulation—means that organizations can't assume they’ll have unfettered access to consumer data.
This SXSW Interactive workshop, presented by Andrew Grenville, chief research officer at Vision Critical, and Tyler Douglas, chief marketing officer at Vision Critical, helped participants prepare to balance privacy concerns with the need for data.
This presentation:
- Shares fresh data on consumer attitudes towards privacy
- Explores successful models for obtaining consumer consent for data access
- Identifies ways to provide value to customers who share data
For more information about the session: http://bit.ly/sxswconsent
To learn more about the study behind this presentation, please see: http://www.visioncritical.com/communities-consent-white-paper
What Social Media Analytics Can't Tell You (SXSW Interactive 2014)Vision Critical
Social media analytics can help you understand the active members of your social media audience, but what about the people who aren't posting? How do you fill in the gaps in your analytics with insight into your customers' purchases, your fans' offline interests, or your users' reasons for liking what they like?
Find a new way of tackling these questions in a session that shares a new approach to social media insight, and see how some of the web's leading thinkers are answering their research questions by combining social media analytics with survey data. Find out how this brings new insight to a 90,000-person study of the collaborative economy; how it enhances what we know about online fundraising; and what it tells Discovery about how social media users watch TV. Whether you're looking for fresh insight on what makes social media users tick, or trying to expand your own monitoring and analytics program, this session will give you a first look at the latest data and research methods.
This panel was presented at SXSW Interactive on March 7, 2014. The panel included:
- Alexandra Samuel, Vision Critical • @awsamuel
- Jeremiah Owyang, Crowd Companies • @jowyang
- Colby Flint, Discovery Communications • @discoverycomm
- Beth Kanter • @kanter
Some data from this presentation were taken from our latest report, Sharing is New Buying: How to Win in the Collaborative Economy: http://bit.ly/SharingNewBuyingSH
Infographic: Sharing is the New Buying (How to Win in the Collaborative Economy)Vision Critical
Who are the people sharing in the collaborative economy, and what can businesses do to win in this emergent market?
These questions are the focus "Sharing is the New Buying: How to Win in the Collaborative Economy," a report released by Vision Critical in partnership with Jeremiah Owyang of Crowd Companies. This infographic summarizes the report's key findings.
Read the 2015 updated report: http://ow.ly/T2vuw
Sharing is the New Buying: How to Win in the Collaborative Economy [INFOGRAPH...Vision Critical
In the Collaborative Economy, people can get what they need from each other—rather than buying from established brands. Businesses need to understand this emergent market in order to embrace the opportunities it offers.
In partnership with Jeremiah Owyang of Crowd Companies, Vision Critical asked 90,112 people in the US, Canada and the UK about their participation in the Collaborative Economy. These infographics show our report's key findings.
To read the full report: http://bit.ly/SharingNewBuyingSH
INFOGRAPHIC: What Patients Value in the United StatesVision Critical
As the US healthcare industry moves from a volume-based to a value-based care model, collaboration with patients is necessary in understanding their values and ensuring satisfaction.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
2. HOW DOES SOCIAL MEDIA TR ANSL ATE INTO SALES?
A decade into the social revolution, it’s still the number one question for brands, executives and marketers. Yes, we
know social is making an impact on consumer purchasing…but how big an impact? And how do customers make the
journey from tweeting, pinning or liking an item, to actually purchasing it?
this report provides answers to those questions
based on nearly 6,000 survey responses on social
purchasing behavior. This data gives us the big picture of
how three of the biggest social networks in the shopping
world today – Facebook, Pinterest and Twitter – drive
customers to make purchases on- and offline.
But the data also shows us how many questions we
still need to ask. The variations across social networks,
consumer demographics and product categories
speak volumes about the necessity of every company
understanding the specific relationship between social
and purchasing for its own customers.
In this report, we not only share the answers we have
found about social media and purchasing. We share the
questions you still need to ask.
KEY FINDINGS
4 IN 10 SOCIAL MEDIA USERS
have purchased an item online or in-store after sharing or favoriting it on Twitter, Facebook or Pinterest.
SOCIAL MEDIA DRIVES ROUGHLY EQUAL AMOUNTS
68% OF FACEBOOK USERS
of online and in-store purchasing.
are “lurkers” who post only rarely, so the influence of
HALF OF SOCIAL MEDIA-RELATED PURCHASING
takes place within 1 week of sharing or favoriting the
ultimately-purchased item.
social on their purchasing will not be visible from social
media analytics alone.
PINTEREST IS THE NETWORK MOST LIKELY TO
DRIVE SPONTANEOUS PURCHASING
Twitter and Facebook purchasers are more likely to
COMMENT
make social media-related purchases of products they
were already researching or considering.
SHARE
LIKE
COMMENT
MEET PAT T Y, A PINTEREST PURCHASER
MEET FABIANA, A FACEBOOK PURCHASER
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
2
3. SOCIAL MEDIA USAGE AND PURCHASING
PINTEREST
FACEBOOK
TWITTER
24 %
of the population
uses Twitter
15 %
% OF THE POPULATION
THAT USES THIS NETWORK
% OF USERS OF EACH
NETWORK WHO HAVE
PURCHASED SOMETHING
73 %
29 %
AFTER SHARING/FAVORITING
ON THIS NETWORK
38 %
24 %
22 %
22%
of Twitter users have
purchased something
after tweeting,
retweeting, or
favoriting it on Twitter
How often, if ever, do you visit these social networks? / Asked April 2013
Have you ever purchased an item – either in-store or online – after you shared or favorited it? / Asked April 2013
HOW PINTEREST PUTS PEOPLE IN STORES
IDeA wAtcH
HBR.ORG
Vision Statement
How
Pinterest
Puts
People in
Stores
We asked shoppers
who had pinned items
on Pinterest before
buying them in stores
these questions:
“Showrooming”—a phenomenon
whereby shoppers visit stores to examine merchandise in person before
buying the items online—is viewed
as a huge threat to brick-and-mortar
retailing. The problem is thought to
be so bad that at least one merchant has started charging people to
browse in its stores.
Our research suggests that the
threat is overrated. We asked
nearly 3,000 social media users in
North America and the UK about
their shopping habits, and only
26% reported regularly engaging
in showrooming. But 41% said they
practice what we call “reverse showrooming”—browsing online and then
purchasing in stores. Pinterest is an
especially popular driver of in-store
sales: 21% of the Pinterest users we
surveyed said that they bought an
item in-store after pinning, repinning, or liking it, and 36% of users
under 35 said they had done so.
Instead of feeling threatened by
showrooming, retailers should study
their customers’ paths to purchase
and use the insights gained to hone
their online marketing efforts. We
asked the Pinterest users described
above how the web had figured into
their purchases. We found a handful
of typical paths, which are illustrated here.
Reprint number F1307Z
When you
pinned the
item, were you
already thinking
of buying it?
Did pinning the
item influence
your decision to
buy it?
It provided
additional
information.
9% Google
6% A retailer’s site
3% Other
KaRen
a Hunter
Hayes CD
21%
It’s where I
discovered the
product.
49%
Yes
36%
Yes, a lot
16%
24%
43%
Yes, a little bit
51%
19%
A friend’s Pinterest
board or stream
No
9%
Less than 24 hours
17%
It reminded me
that I intended to
buy the item.
72%
i fOunD it by
bROWSing, On:
A stranger’s
Pinterest board or
stream
maRtHa
Converse all
Stars
How much time
elapsed between
when you pinned
the item and when
you bought it?
21%
1O% Pinterest
ClaiRe
a mirror
from
Winners
How did
pinterest affect
your purchase
decision?
Of tHe 79% WHO
SaiD yeS tO tHe
pReviOuS queStiOn:
28%
i fOunD it by
SeaRCHing, On:
Sally
a sweater
from Ricki’s
by David Sevitt and Alexandra Samuel
David Sevitt is the vice president of consumer insights at Vision Critical.
Alexandra Samuel is the firm’s vice president of social media and the author
of Work Smarter with LinkedIn (Harvard Business Review Press, 2013).
HBR.oRg Find more details
about the research at http://
visioncritical.com/pinterest.
How did the
item come to
your attention?
32%
More than 24
hours but less
than a week
Someone I trust
or respect pinned
the item.
15%
It showed me
where I could buy
the item.
39%
1 to 3 weeks
10% It alerted me
to a sale or a deal.
7% It provided a
Dana
tOmS shoes
7% A retailer’s
Pinterest board
5% A retailer’s site
4% Another social
network
4% A blog
4% An e-mail
5% Other
coupon.
21%
No
6% Other
5% Not sure
ReSPONDeNTS SeLeCTeD
ALL THAT APPLIeD
9%
4 to 8 weeks
11%
More than 8 weeks
tHe Deal SeeKeR
tHe nOnSeeKeR
tHe CategORy SeeKeR
tHe inSpiRatiOn SeeKeR
tHe SOCial-pROOf SeeKeR
Sally uses websites and other digital tools
to find good deals on clothes. An e-mail
message containing a link to a different
social site led her to pin a sweater, and
she followed up with a shopping trip.
Claire wasn’t looking for a mirror, but she
found one she loved on a blog and pinned
it. When Pinterest later alerted her to an
in-store sale, she knew she had to have
the mirror—so she bought it that week.
Karen likes music and uses Pinterest
search to scout for it. Her pinboard
serves as a shopping list: Seeing an album
there reminds her to pick it up the next
time she’s in a music store.
Martha found a pair of Converse All Stars
by seeking inspiration on strangers’
pinboards. She wasn’t actively managing
her wish list so much as casually browsing
for ideas.
When Dana was looking for TOMS shoes,
she pinned a pair to let her friends know
she’s a fan. She uses Pinterest simply to
save items and signal her interests to her
circle; it doesn’t influence her shopping.
900 Harvard Business Review July–August 2013
July–August 2013 Harvard Business Review 901
Social media not only drives people to make online purchases; it also
drives an equal volume of in-store sales. In the July/August 2013 issue of
the Harvard Business Review, we put Pinterest under the microscope to
show how it puts people in stores. Data from the US, Canada and the UK
demonstrates that for all the worry about how “showrooming” benefits
online retailers at the expense of bricks-and-mortar, there is an even
bigger phenomenon of “reverse showrooming”: customers who browse
online, and buy offline. The Harvard study paints a picture of Pinterest’s
impact on in-store shopping that at times stands in sharp contrast to the
overall impact of social media on onlline and in-store shopping combined.
To read this article in the Harvard Business Review, please visit
http://bit.ly/hbrpinterest.
ABOUT THE DATA
The data in this report is drawn from online surveys
conducted over 17 months (February 2012 to June
2013). In total, 5,657 interviews specifically about
social media purchasing were completed across three
countries using Vision Critical’s Market Panels in the USA
(Springboard US), Canada (Angus Reid Forum), and the
UK (Springboard UK).
Note: Throughout this document, SHARED and
FAVORITED is shorthand for:
• pinned/repinned/liked it on Pinterest
• shared/liked/commented on it on Facebook
• tweeted/retweeted or favorited it on Twitter
• june 2013, social path to purchase study:
1,006 respondents in the USA
• april 2013, social to store study:
2,864 respondents in the USA, Canada, and UK
• april 2013, social media usage study:
86,155 respondents in USA, Canada, and UK
• march 2013, pinterest follow up study:
501 respondents in the USA
• february 2013, pinterest study:
779 respondents in the USA
• march 2012, pinterest study:
507 respondents in the USA
• february 2012, social media usage study:
62,121 respondents in the USA and Canada
MEET TOM, A T WIT TER PURCHASER
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
3
4. 1
WHICH SOCIAL NET WORKS DO YOUR
CUSTOMERS USE, AND HOW MUCH?
If you want to use social media to reach your customers, you need to know where to find
them online. Social media isn’t one thing: it’s a sprawling empire made up of many different
neighborhoods, each of which attracts its own subset of your customers.
THE SOCIAL MEDIA AUDIENCE: AGE AND GENDER
PINTEREST
TWITTER
FACEBOOK
83 % FEMALE 17 % MALE 57 % FEMALE 43 % MALE 46 % FEMALE 54 % MALE
USERS
18-34
20 %
32 %
USERS
35-54
23
45 %
45 %
USERS
55+
33 %
35 %
%
43%
43 %
of Twitter users are
between 35-54 years old.
24 %
Which of the following social media sites, if any, do you use? / Asked February 2013
it’s crucial that you know which customer
segments hang out in which neighborhood – that is,
on which social network, or even in which groups or
conversations within each network. To make effective use
of social media as a marketing channel, you have to know
where your customers are and which customer segments
are on each network. This is table stakes.
As this report shows, social media usage varies so
dramatically across different product categories and
different demographics that you will really need to study
your own customers’ usage patterns in order to set your
social strategy. But there are certain overarching patterns
that give us a foundational picture of who can be found
where, and more crucially, which dimensions of usage you
will need to understand for your own customer base.
FEM ALE, 55+
FEM ALE, 35-54
M ALE, 18-34
4
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
5. SOCIAL NET WORK USAGE
PINTEREST
FACEBOOK
TWITTER
LOG IN
DAILY
17 %
75 %
17 %
LOG IN
WEEKLY
26 %
15 %
12 %
19 %
LOG IN
MONTHLY
10%
6%
10 %
log in at least once a
month, but less than
once a week.
On average, how often do you visit or log into one of these sites or services, either in your web browser or by using an app?
Asked April 2013
75% OF SOCIAL MEDIA USERS
18-34 LOG INTO FACEBOOK
SEVER AL TIMES A DAY
61% OF UK SOCIAL
MEDIA USERS NEVER
VISIT PINTEREST
USES PINTEREST SEVER AL TIMES A WEEK
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
5
6. VARIATIONS BY NET WORK
VARIATIONS BY AGE
15 IN 20 FACEBOOK USERS
4 I N 20 TWITTER USERS
visit every day
age 18-34 access Twitter at least once a day
5 IN 20 PINTEREST USERS
1 I N 20 TWITTER USERS
visit every day
age 55+ accesses Twitter at least once a day
On average, how often do you visit or use these sites?
Asked April 2013
On average, how often do you visit or use these sites?
Asked February 2013
VARIATIONS BY GENDER
VARIATIONS BY USAGE
1 IN 20 MEN
14 IN 20 TWITTER USERS
uses Pinterest
are “lurkers” who tweet less than 5 times a week
5 IN 20 WOMEN
10 I N 20 TWITTER LURKERS
use Pinterest
log in 3 times a week or more
On average, how often do you visit or use these sites?
Asked February 2013
On average, how much do you tweet? / Asked March 2012
How often do you access Twitter (either directly or through a third
party application)? / Asked March 2012
VISITS BOTH FACEBOOK AND PINTEREST SEVER AL TIMES A DAY
6
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
7. In addition to the social media users who share
prospective purchases as part of their active social media
presence, most brands have a large invisible audience.
On Facebook, a majority of lurkers access or log into the
site every day, but post only rarely: 64% of Facebook
lurkers post less than once a week. That means social
media analytics can’t tell you a lot about their interests,
preferences or even their demographics, let alone
the influence of social on their in-store purchasing. To
understand how social media drives both online and
in-store purchasing for both “sharers” and “lurkers”, you
need to ask your customers about the role of social media
in their purchase story.
MEET THE LURKERS
MEET THE 65% OF FACEBOOK USERS WHO POST LESS THAN 5 TIMES PER WEEK
LOG-IN FREQUENCY
55 %
32 %
LOG IN AT LEAST
ONCE A DAY
LOG IN AT LEAST
ONCE A WEEK
10 % O N C E A M O N T H
LOG IN AT LEAST
POSTING FREQUENCY
POST 1-4 TIMES A WEEK
POST LESS THAN ONCE A WEEK, BUT
MORE THAN 10 TIMES IN THE PAST YEAR
HAVE POSTED TO FACEBOOK, BUT
LESS THAN 10 TIMES IN THE PAST YEAR
37 %
38 %
26 %
How often do you access your Facebook account? On average, how often do you post, like
or share an update, video, photo or comment on Facebook? / Asked February 2012
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• Which social websites do they visit or belong to?
• Which networks do they log onto regularly? How
often?
• Which networks and sites do they post to, and how
often?
• What is their age, gender, household income and
education level? Match this basic demographic data
with other data you have on your customer base.
• identify which networks will be most
effective in reaching any given demographic,
whether it’s millennials or seniors.
• balance your social media updates so that
you have some content or offers that appeal to
lurkers, and some that appeal to sharers.
• weigh the implications of your social media
analytics against the preferences of your broader
social media audience, including those who hardly
post and therefore may not turn up in your analytics
report.
• develop an influencer strategy that lets you
specifically target and engage highly active social
media users.
ACTION ITEM
Ensure your social strategy has some content or
offers that appeal to lurkers, and some that appeal
to sharers.
T WEETS DAILY AND VISITS FACEBOOK SEVER ALS TIMES A WEEK
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
7
8. WHAT DO YOUR CUSTOMERS WANT FROM
EACH OF YOUR SOCIAL NET WORK PRESENCES?
2
Different topics resonate on different networks — but don’t assume you fall neatly in your sector. You need to ask
your customers what they like to do on each network, and especially how and where they want to engage with you.
TOP CATEGORIES OF ACTIVIT Y BY NET WORK
FACEBOOK
PINTEREST
66 %
63 %
45 %
44 %
59 %
31 %
36 %
29 %
TWITTER
36 %
46 %
51 %
19 %
42
33 %
%
34 %
44%
30 %
51 %
COOKING &
DINING
DIY &
CRAFTS
FASHION
& BEAUTY
HEALTH
INFO
TECH
FUNNY &
HUMAN
INTEREST
Which topics or activities do you follow using the following social media sites? / Asked February 2013
social media users engage with different topics on
different social networks. People turn to Pinterest for DIY,
crafts, food and drink, and fashion and beauty; they look
to Facebook for humor and human interest stories. Arts
and entertainment are a consistent draw across all of
Pinterest, Facebook and Twitter.
USE THE 3 C’S:
MATCH YOUR PRESENCE TO EACH PLATFORM
If you understand the content, culture and product
categories that make up your customers’ experience on
each social platform, you can target your marketing and
sales strategy to maximize your customers’ engagement
wherever they find you.
CONTENT: To attract and engage your customers on a
specific social network, you need to present content that
speaks to the hottest topics on that network, in the media
that thrive there.
CULTURE: The topics or areas of activity that thrive on
each network are inextricable from its culture: the kind
of people who get excited about DIY projects constitute
a different culture and community from those who are
thrilled by LOLcats. Understanding the tone and social
norms of each network is essential to engaging your
customers’ interest, rather than turning them off.
CATEGORY: If you sell across multiple product or service
categories, you have the potential to calibrate your
presence on each social network to the interests that your
customers pursue there.
FOLLOWS FASHION AND PRODUCT RELEASES ON BOTH FACEBOOK AND PINTEREST
8
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
9. HOW TO CALIBR ATE YOUR PRESENCE ON EACH SOCIAL NET WORK
CONTENT
speak to the
hottest topics
YOUR BR AND
PRESENCE
CULTURE
match the
community’s tone
CATEGORY
sell in relevant
categories
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• What kinds of photos, music, video or stories do your
customers find engaging on each platform? Are they
looking for informational content in one platform,
and aesthetic inspiration in another?
• How do your customers see the character of each
network they use, and what do they like (or dislike)
about the experience they have there?
• Which product and service categories do your
customers like to shop from, browse or hear about
on each network they use?
• focus your presence on each network around
the segment of your customers or the categories of
your products that are most at home there.
• identify which products or offers to
promote on each platform.
• assign staff members who are most likely to be
brilliant at managing each of your presences – for
example, assigning the office foodie to manage your
Pinterest presence, and tasking the Buzzfeed addict
with the job of maintaining your Facebook page.
• develop platform-specific branding
guidelines so that your brand voice can be subtly
calibrated to the culture of each network and the
expectations of the customers who use it.
• build a content calendar that ensures you
regularly develop assets of the type and theme
that will appeal to the customer audience on each
network where you have a presence.
ACTION ITEM
Create network-specific branding guidelines that
address the content, culture and product categories
your presence will support.
FOLLOWS CR AFTS ON BOTH FACEBOOK AND PINTEREST, BUT HUMOR ON FACEBOOK ONLY
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
9
10. HOW M ANY OF YOUR CUSTOMERS HAVE BOUGHT ONE
OF YOUR PRODUCTS AFTER SHARING OR FAVORITING IT?
3
Getting the basics on your customers’ social purchasing behavior is what allows you to analyze all the other variables
in driving that purchase. Once you know which of your customers have gone from social to purchase, where they
made that purchase, and which network triggered it, you can start to understand how they went from social to sale.
SOCIAL PURCHASING BY NET WORK
21-%S T O R E
IN
TOTAL
29 %
On each platform, some
purchasers have made
both online and offline
purchases.
18 %
ONLINE
22 %
TOTAL
TOTAL
38 %
ONLINE
PINTEREST
17-%S T O R E
IN
30- S%T O R E
IN
29 L%I N E
ON
FACEBOOK
22 %
TWITTER
Have you ever purchased an item – either in-store or online – after you shared or favorited it? / Asked April 2013
hard data on social media-inspired purchasing
is the foundation of your entire social media marketing
strategy. Only a portion of the social media audience –
43% of users – has gone from social to sale, so you need
to think about both how to reach that slice of your social
audience, and how to turn more of your social audience
into buyers. Which networks actually drive people to buy
your products or services? And are they buying those
products online or in-store?
FACEBOOK IS THE
NETWORK MOST LIKELY
TO DRIVE CUSTOMERS
TOWARDS A PURCHASE
Nearly 1 in 3 Facebook users has purchased
something after sharing, liking or
commenting on it on Facebook.
ONLINE AND OFFLINE
ONLINE AND OFFLINE
ONLINE ONLY
10
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
11. T WITTER PURCHASERS BY INCOME
TOP RETAIL LOCATIONS FOR
SOCIAL-TO -STORE PURCHASES
TWITTER
PURCHASERS
PINTEREST
PURCHASERS
IN-STORE
48 %
11 %
FACEBOOK
PURCHASERS
TWITTER
PURCHASERS
ONLINE
$50K+
14 %
39 %
12 %
DEPARTMENT
STORE
15 %
$25K -< $50K
32 %
34 %
< $25 K
NO ANSWER
9%
21 %
27 %
7%
SUPERMARKET
2%
26
Have you ever purchased an item – either in-store or online –
after you tweeted / retweeted / or favorited it on Twitter?
Asked June 2013
18 %
%
SPECIALITY
RETAILER
$
DISCOUNT
RETAILER
43 %
DEPARTMENT
STORE
SUPERMARKET
SPECIALITY
RETAILER
$
DISCOUNT
RETAILER
31 % DEPARTMENT
STORE
4%
10 %
31 %
SUPERMARKET
SPECIALITY
RETAILER
$
DISCOUNT
RETAILER
Which type of website or retail store did you buy this from?
Asked April and June 2013
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• Have they ever purchased something they have seen
or shared on a social network? (Ask this question of
each network you participate in or advertise on.)
• Have they ever purchased one of your products or
services after seeing it on a social network? Which
one?
• Have they ever shared or posted about one of your
products? Did they go on to purchase that product?
• validate or qualify the picture you’re
getting from social analytics and
transactional data, particularly when it comes
to drawing the dotted line between online social
interaction and offline in-store sales.
• balance or develop separate strategies for
using social to drive online vs. in-store purchasing.
• identify tracking mechanisms like coupon
codes that can help you quantify the role of social in
driving in-store sales.
• allocate your social media budget towards
those networks that drive the greatest volume of
sales, or when warranted, that are under-performing
(if you think greater investment can improve the
results).
ACTION ITEM
Develop a strategy for using social to drive in-store
purchasing.
SUPER M ARKET
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
11
12. WHAT ARE THE SPECIFIC PURCHASES
THAT ARE TRIGGERED BY SOCIAL MEDIA?
4
If you’re interested in how social moves product, you’re fascinated by how social moves your product. To understand
the impact of social on your business, you need to understand the social path to sale in your key product categories.
MAJOR CATEGORIES OF SOCIAL-TO -SALE PURCHASING
PINTEREST
TWITTER
FACEBOOK
FOOD &
DRINK
24 %
14 %
13 %
ART & DESIGN,
DIY, CRAFT,
PHOTOGRAPHY
21 %
5%
9%
GARDENING
& DÉCOR
18 %
8%
8%
17 %
22 %
18 %
6%
25 %
34 %
14 %
26 %
18 %
HAIR & BEAUTY,
MEN’S & WOMEN’S
APPAREL
TECH
& ELECTRONICS
OTHER
To the best of your recollection, in which product category was the last item you purchased after you shared or favorited it?
Asked April and June 2013
TECHNOLOGY IS KING
34% of Twitter purchasers and 25% of Facebook
purchasers say their most recent social-inspired
purchase was in technology or electronics.
the best way to understand how social media
drives revenue for your business is to combine social
media and transactional data with customer surveys that
illuminate the social path to purchase for your products.
The wide variation in purchasing behavior and shopper
demographics across categories shows the necessity of
understanding the role of social in driving the purchase of
specific products.
PINS IN FOOD & DRINK, AND DIY/CR AFTS
12
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
13. CATEGORY MATTERS
47%
28%
22%
OF PINTEREST
PURCHASERS
OF PINTEREST
PURCHASERS
OF FACEBOOK
PURCHASERS
say they “happened upon” the
item they pinned and purchased,
without searching for it.
say they were “searching for” the
item they pinned and purchased,
or for an item like it.
made their most recent
Facebook-inspired purchase in
the fashion and beauty category.
That number goes up to 64%
for food and drink purchasers.
That number goes up to 47% for
hair and beauty purchasers.
That number goes up to 33%
for purchasers age 35-54.
That number goes down to 17%
for technology purchasers .
That number goes down to 17%
for food and drink purchasers.
That number goes down to 13%
for purchasers age 18-34.
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• What was the last product they purchased after
seeing or sharing it on social? What was the last
product of yours that they purchased? Which
network did they find or share it on? What category
was this product in?
• How much does social media influence the “lurkers”
in your social media audience?
• How many of your customers have purchased
products they have seen on social media, even if they
didn’t share or favorite those items?
• Thinking about the social media-influenced
purchases they have made recently, which were the
top three categories they purchased in?
• Which of your competitors’ products have your
customers purchased after seeing or sharing them
on a social network? Which network? How often?
(Provide a list of your competitors, and get the
answer for each one.)
• showcase products that are most likely to generate
customer interest on a particular platform.
• curate pages, pinboards or feeds that
correspond to different areas of consumer interest.
• allocate resources to the platforms that are most
effective for your product categories.
ACTION ITEM
Combine social media and transactional data with
customer surveys that illuminate the social path to
purchase for your products.
GARDENING
ELECTRONICS
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
13
14. FROM SOCIAL TO SALE: PURCHASES INSPIRED BY
PINTEREST FACEBOOK & T WIT TER
AN OVER-THE-DOOR ORGANIZER
BAG OF MOSS TO USE AS A VERTICAL PLANTER SNACKS
COMPUTER SPEAKERS GARDEN TOOLS SOLAR STRING LIGHTS
Chicken Pot Pie
GLOW
CANON 24-70 MM 2.8 LENS
STICKS FOR A A S C I E N C E F I C T I O N N O V E L
PROJECT EBOOK RE A DER Gorgeous pair of
shoes from Town Shoes
INGREDIENTS FOR REESE’S
PEANUT BUTTER TRIFLE
CRAFT SUPPLIES TO MASON JARS RUNNING SHOES
MAKE A GNOME DOUBLE LAVENDER ANGEL FOOD
GARDEN HOUSE TRUMPET PLANT A COOKIE SHEET
CAMPBELL’S A CD Samsung Galaxy tablet
COOKING BOOK RALPH LAUREN TOTE BAG CELL PHONE
SAUCE SHOES SONS OF ANARCHY T-SHIRT COVER
Kraft cracker MOTORCYCLE HELMET
barrel aged cheese GAME OF THRONES BOARD GAME
A
HOODIE
HEINEKEN BEER A SHIRT FROM FOREVER 21
14
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
15. FROM SOCIAL TO SALE: PURCHASES INSPIRED BY
PINTEREST FACEBOOK & T WIT TER
THE LOVE YOU A LATTE CARTRIDGE FROM CRICUT SHOES
A Chair VIDEO GAME
FLOWERS
FOOD
Ingredients
for Homemade
Danish Pastries
OPI NAIL ENV Y
Coffee Maker RADIO
Shoes
Hanes Pocket Tees
A BIG LETTER H FOR MY LAST NAME, FLOWERS, PAINT & RIBBON
Dog Sweater MAKE UP BICYCLE GEAR
Buttons Off An Etsy Designer A HUMMINGBIRD FEEDER
Larry the Cable Guy Dinners CRUISE
FOOD A Hat A FLOOR TO CEILING LAMP
TREADMILL 12” GRILL PAN Nap Mat
CLOTHING REDKEN 28 CONTROL HAIRSPR AY BLOUSE
Recycled
Post It Notes
DIET MEDS
LINDT CHOCOLATES
AN ORGANIC GARDENING BOOK
Jewelry
Earrings
EMATIC KIDS FUNTAB
Make Up Organizer
SUPPLIES TO MAKE WALL ART PROJECT
COMFORTER SET
To the best of your recollection, what specifically was the last item you purchased after you shared or favorited it?
Asked March, May and June 2013
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
15
16. DOES PURCHASING LEAD TO SHARING,
OR DOES SHARING LEAD TO PURCHASING?
5
When it comes to the role of social in driving sales, it can be hard to separate cause and effect. Do people find and
share products they’ve already more-or-less committed to buying? Or do people stumble across products they’d never
seek out, or had only vaguely contemplated, and share them as a step towards making a purchase decision?
PURCHASE INTENT
PINTEREST
PURCHASERS
YES,
I THOUGHT ABOUT
PURCHASING THIS
PRODUCT AND WAS
RESEARCHING THE
PURCHASE
YES,
I WAS VAGUELY
THINKING ABOUT
PURCHASING THIS
PRODUCT
NO,
I HAD NOT
THOUGHT ABOUT
PURCHASING
THIS PRODUCT
FACEBOOK
PURCHASERS
TWITTER
PURCHASERS
22 %
24 %
21 %
60 %
70 %
16 %
9%
49 %
29 %
When you shared or favorite this item, were you already thinking of purchasing it? / Asked April and June 2013
the causal relationship between sharing and
purchasing depends on the individual customer and the
individual purchase. In some instances, social sharing
is only a weak indication of intent; in other cases, social
sharing leads directly to the cash register.
To understand this variation, we asked social
purchasers whether they were already thinking of buying
the ultimately-purchased item at the time they shared
or favorited it. It was through this question that we
discovered three distinct tribes of social shoppers, each
of whom uses social at a different stage in the purchase
process. (See A closer look: The three tribes of social
shopping, pp 18-19).
Purchase intent is intimately linked to purchase
discovery. Not surprisingly, spontaneous purchasing
correlates with spontaneous discovery: 41% of people
who found the item they purchased because they just
happened upon it said that they hadn’t even thought
about buying it or something like it. Conversely, 88% of
people who found the item they purchased by searching
for it were already thinking about buying it or something
like it. It’s hard to get surprised by a find when you’re
actively looking for it.
ACTIVELY RESEARCHING THIS SPECIFIC PRODUCT
16
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
17. HOW SOCIAL PURCHASES ARE FIRST DISCOVERED
SOMEBODY SHOWED IT TO
ME WHILE WE WERE TALKING
8%
I JUST
HAPPENED
UPON IT
CAN’T RECALL
9%
9%
47 %
I GOT AN EMAIL
LINKING TO IT
50 %
OF PINTEREST PURCHASERS
CREATED A PINBOARD SPECIFICALLY
FOR THIS PURCHASE DECISION
28 %
I WAS SEARCHING
FOR IT ONLINE
To best of your recollection, how did you first come across this item online? / Asked April 2013
Did you create a pinboard for this specific product category or purchase decision? / Asked April 2013
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO….
• When a customer shares an item of yours en route to
making a purchase, is that part of an active research
process? Or is it a spontaneous discovery?
• Which products and product categories are most
likely to inspire spontaneous, new purchases? On
which networks?
• Do people purchase your product when they’ve been
thinking about the general category you’re in, or only
when they’ve been thinking specifically about your
product?
• Where do people mostly discover the items they
share or interact with on social?
• target likely purchasers by learning to
recognize questers by their networks, product
categories and behaviors.
• inspire new customers to make
spontaneous purchases by reverse engineering
the path to purchase of your “leaper” customers, so
you know the social network and category that are
most likely to attract them.
• distinguish between decided and undecided
customers by identifying the social sharing
pattern that characterizes people who are evaluating
multiple products, as opposed to those who are on
the edge of commitment.
• target people who show a degree of
focused interest, particularly if you’re in a
category with a high unit value (like cars). For
example, target people who have pinned a whole
bunch of Volvo models to a single Pinterest board.
ACTION ITEM
Focus social outreach on customers whose sharing
indicates they are actively researching high-value or
recurring purchases in your category.
SAW THE RECIPE ON A FRIEND’S PINTEREST BOARD
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
17
18. A CLOSER LOOK:
THE THREE TRIBES OF SOCIAL SHOPPING
Social purchasers aren’t like other people, or even like other social media users. As the trailblazers of this new world
of social shopping, they are distinctive in every way: in their demographics, in their values and even in the way they
shop. They are also distinct from one another: social purchasers fall into three discrete tribes. To understand these
tribes, however, it helps to understand what makes social purchasers different from other social media users.
WHO ARE THE SOCIAL PURCHASERS?
GENERAL POPULATION
SOCIAL PURCHASERS
31 %
49 %
51 %
MALE
18-34
37 %
35-54
FEMALE
51 %
56 %
44 %
34 %
32 %
55+
MALE
FEMALE
15 %
Have you ever purchased an item – either in-store or online – after you shared or favorited it? / Asked June 2013
SOCIAL PURCHASERS ARE...
MORE ACTIVE FACEBOOK USERS:
87% OF FACEBOOK PURCHASERS VISIT THE SITE AT LEAST
ONCE A DAY
or more often vs. 70% of social media users
MORE VISIBLE FACEBOOK USERS:
68% SAY THEIR FACEBOOK POSTS
GENERATE LOTS OF LIKES AND COMMENTS
vs. 54% of social media users
MORE USE OF MOBILE DEVICES WHILE SHOPPING:
27% COMPARISON SHOP ON THEIR
MOBILE DEVICES WHILE IN STORES
vs. 15% of social media users
MORE VALUE CONSCIOUS WHILE
SHOPPING:
50% WILL TRY OUT PRODUCTS IN-STORE BUT WILL PURCHASE
IN COMPETITIVE STORES IF IT’S CHEAPER
vs. 35% of social media users
MORE INFLUENTIAL ON THEIR FRIENDS’ BUYING
DECISIONS:
75% OF FACEBOOK PURCHASERS SAY THEY’RE ASKED FOR
ADVICE ON THEIR FRIENDS’ BUYING DECISIONS
vs. 51% of social media users
18
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
19. MEET THE THREE TRIBES
SHARE
THINKERS
thinkers use social when
they are contemplating about
a purchase, but have not actively
begun the research process. 48%
of Pinterest purchasers, 60% of
Facebook purchasers, and 70% of
Twitter purchasers say that when
they shared or favorited the item
they later purchased, “I already
thought about purchasing this
specific product,” or “I had not
thought about purchasing this
specific product but I had thought
about purchasing another similar
product.”
QUESTERS
questers research their
purchase, and share or favorite
specific items they are thinking
about buying. 22% of Pinterest
purchasers, 24% of Facebook
purchasers and 21% of Twitter
purchasers say that when they
shared or favorited the item they
later purchased, “I already thought
about purchasing this specific
product and was researching the
purchase.”
LEAPERS
leapers are inspired by
social to make a purchase
when they were not even thinking
about the product or product
category that they purchased.
29% of Pinterest purchasers, 16%
of Facebook purchasers and 9%
of Twitter purchasers say that
when they shared or favorited the
item they later purchased, “I had
not thought about purchasing
this specific product or a similar
product.”
When you shared or favorited this item, were you already thinking of purchasing it? / Asked June 2013
you can find each of these tribes on all three of
the major social networks. In fact, shoppers may move
between tribes, researching some purchases carefully
and making spontaneous buys on others. And while this
research focuses on pre-purchase sharing, social media
is also home to a fourth tribe: the “victors” who celebrate
successful purchases by sharing news or images of their
spoils. Zoom in on a single social network, as we did in our
Pinterest study for the Harvard Business Review, and you
discern even more granular archetypes.
THE LEAPER: PATT Y
THE THINKER: FABIANA
THE QUESTER: TOM
Patty is retired, and she’s on
Fabiana, who is in her late 40s,
Tom’s a young man with a
Facebook several times a day, and
uses both Facebook and Pinterest
significant income, and he likes
Pinterest several times a week. She
to get the latest news and ideas
to spend that money on quality
made her latest Pinterest-inspired
on gardening and crafts. She was
products. He uses Twitter as part
purchase at the supermarket:
already thinking about adding a
of his shopping process, making
ingredients for homemade Danish
bird feeder to her garden when she
some of his online purchases
pastries. It wasn’t something
stumbled across a hummingbird
directly from his Android phone.
she’d thought about baking, but
feeder on Pinterest, and she bought
When he tweeted about the ebook
when she spotted the recipe on
it within a few weeks.
reader, he was already actively
a friend’s Pinterest board, that
researching the product, and he
recommendation was all the
made his purchase within a few
encouragement she needed, and
weeks.
she made her purchase within 24
hours.
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
19
20. HOW DOES SOCIAL NUDGE YOUR
CUSTOMER FROM INTEREST TO PURCHASE?
6
How customers feel about different social networks is a good clue to where your brand will be at
home on social media. Each network drives purchasing for a different set of reasons, so you’ll need
to find the network that works not only for your products, but also for your promotions.
SOCIAL NET WORK CHAR ACTERISTICS AS DESCRIBED BY USERS
PINTEREST USERS
IT’S EASY TO FIND THINGS
IT’S INSPIRING TO SEE
43 %
31 %
IT’S USEFUL FOR IDEAS
and projects
I GET OVERWHELMED
by amount
35 %
25 %
25 %
thanks to this site
thanks to this site
24 %
11 %
16 %
28 %
13 %
20 %
I LIKE SEEING WHAT MY
63 %
59 %
friends post
80 %
24 %
21 %
I MAKE MORE PURCHASES
I MAKE SMARTER PURCHASES
64 %
35 %
IT MAKES ME FEEL CONNECTED
to my friends
75 %
42 %
41 %
that interest me
what other people post/pin
TWITTER USERS
FACEBOOK USERS
41 %
41 %
I LIKE SEEING WHAT MY
42 %
32 %
38 %
my favorite brands post
IT’S EASY TO SPEND HOURS
clicking away
69 %
34 %
52 %
26 %
How much do you agree or disagree with the following statements about Pinterest, Facebook or Twitter?
Asked March 2013
the first step to moving your customers towards
purchase through social media is to understand what your
customers do and don’t like about each social platform
they use. But this isn’t enough to predict purchase drivers:
it is also essential to ask customers directly about how
their use of each social network influences their purchase
decisions.
BET ON FACEBOOK
If you’re in a highly peer-influenced
category, or if personal recommendations
are a major business driver, Facebook’s
social focus may be a great fit.
“PINTEREST M AKES IT EASY TO FIND THINGS THAT INTEREST ME.”
LOVES FACEBOOK, BUT ISN’T SURE IT HELPS HER M AKE SM ARTER PURCHASES
20
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
21. HOW SOCIAL INFLUENCES PURCHASING
PURCHASERS DESCRIBE HOW SOCIAL MEDIA INFLUENCED THEIR PURCHASE
PINTEREST PURCHASERS
THIS 43% OF PINTEREST USERS GOT
THE FOLLOWING TYPES OF
ADDITIONAL INFORMATION
REVIEWS &
RECOMMENDATIONS
34 %
PRODUCT DETAILS
30 %
DIFFERENT MODELS
WHERE TO PURCHASE
PRICING INFORMATION
ABOUT THE COMPANY (3%)
$
11 %
10 %
7%
PROVIDED
ADDITIONAL
INFORMATION
ON PRODUCT
IDENTIFIED WHERE
I COULD PURCHASE
SOMEONE
I TRUST SHARED
THEIR VIEWS
$
FACEBOOK PURCHASERS
25 % 26 %
43 %
28 %
TWITTER PURCHASERS
HOW I
DISCOVERED
PRODUCT
15 %
38 %
26 % 19 % 32 %
REMINDED ME
TO PURCHASE
50% OFF
35 % 31 % 35 %
26 % 23 % 32 %
19 %
ALERTED ME TO
A SALE OR DEAL
37 % 32 %
14 % 17 % 18 %
PROVIDED A
COUPON CODE
How did pinning this item influence your decision to buy this product? / Asked March and April 2013
What type of additional information did you obtain about this product? / Asked April 2013
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• How does Facebook (or Twitter, or Pinterest, or
another network) help them find or evaluate products
and services? (Consider offering a set of statements
that your customers can agree or disagree with.)
• What kind of information helps move your customers
towards a purchase?
• Where do customers want to see deals and coupon
codes? How much of your in-store and online sales
are driven by sale notifications?
• How big a role do reviews and recommendations
play in driving customers from social networks to
purchase? Do tips from friends carry more weight
than reviews from experts or other customers?
• introduce products on the right social
networks by correlating answers like “It’s how I
discovered this product” with the product or product
category that yielded the most of these discoveries.
• select product information to include in your
social network updates, and to embed in pages that
contain “pinnable” images (since these are the pages
people will land on if they follow a link from Pinterest).
• decide which sales and deals to offer on
which networks.
• refine the kind of content you post to a
specific network in order to improve its efficacy as a
purchase driver.
“I SEE NEW PRODUCTS PEOPLE RECOMMEND THAT I NOR M ALLY WOULD NOT KNOW ABOUT.”
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
21
22. 7
HOW DOES MOBILE SHOPPING MOVE YOUR
CUSTOMERS FROM SHARING TO PURCHASE?
Mobile shopping functions quite differently in relation to in-store shopping than it does in relation to online
shopping. Online shoppers may use mobile to make a quick purchase; in-store shoppers can use mobile to engage
more thoughtfully, typically in comparison shopping, before they commit.
DEMOGR APHICS OF THE MOBILE SOCIAL SHOPPER
8%
69 % M A L E 31 % F E M A L E
55+
68 %
24 %
18-34
35-54
Were any of these social media-inspired purchases ever made via mobile device (i.e., smartphone, tablet, etc.)? / Asked June 2013
SOCIAL PURCHASING VIA MOBILE
TWITTER
USERS
PINTEREST
USERS
YES,
ALL OF THEM
YES,
MOST OF THEM
YES,
FACEBOOK
USERS
19 %
12 %
17 %
11 %
35 %
31 %
29 %
22 %
38 %
43 %
24 %
SOME OF THEM
NO,
NONE OF THEM
35%
of people who have made an
online purchase after tweeting,
retweeting or favoriting an
item on Twitter say that they
used a mobile device to make
all of those purchases.
19 %
Were any of these social media-inspired purchases ever made via mobile device (i.e., smartphone, tablet, etc.)? / Asked June 2013
SOMETIMES COMPARISON SHOPS IN -STORE USING MOBILE
NO FACEBOOK PURCHASES VIA MOBILE
22
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
23. mobile purchasing is already a big part of the
social shopping story. The majority of social shoppers
on all three networks reported that at least some of their
online social purchases were made with a mobile device;
the majority of Twitter purchasers reported that most or
all of their purchases were made via mobile. (Not a huge
surprise, when you look at the age and tech orientation of
Twitter purchasers.)
But mobile is just as crucial to in-store social
purchases. You need to know how much your customers
are using their mobile phones as part of their shopping
experience. While your website analytics can tell you
how many customers and purchasers access your site
via mobile device, they can’t tell you how many people
are standing in your aisles with a mobile phone, reading
product reviews or checking prices.
MOBILE RESEARCH IS
ANOTHER TOOL FOR
UNDERSTANDING SOCIAL
MEDIA CUSTOMERS
Prompt customers to take a survey on
their smartphones while in-store.
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• Do they use their mobile phones when they are
in your store? What do they use them for: Price
checking? Checking in? Picking up a coupon offer
or discount code? Looking up product reviews or
information?
• Do they use their mobile phones to access your
website? What do they use it for: Making a purchase?
Researching a purchase? Browsing? Finding a retail
store or hours?
• Have they ever shared content about your brand,
product or stores using a mobile phone? What did
they share? Did they share it by email, or to a social
network?
• Which apps, if any, do they use when shopping with
mobile? Do you they do their shopping in a browser or
in a dedicated app?
• decide how much to invest in mobile
development, and whether to spend on a
responsive site (i.e. one that works well across
devices) or on a dedicated mobile app.
• develop appropriate offers for mobile
customers, both those in-store (who may be
engaged by things like Yelp check-in deals) and those
shopping online.
• calibrate how aggressively to compete
on price, in order to manage in-store mobile
price-checkers.
• streamline parts of your purchase
process, so that mobile shoppers can move quickly
from interest to purchase.
• enhance your in-store displays to engage
mobile shoppers, for example with QR codes.
ACTION ITEM
Use short, mobile-friendly surveys to send questions
about mobile social shopping to your customers
while they are in your store.
SOME T WIT TER PURCHASES M ADE VIA MOBILE
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
23
24. HOW LONG DOES IT TAKE CUSTOMERS
TO GO FROM SHARING TO SHOPPING?
8
To use social sharing as a driver of sales and insight, you need to know about the sharing-to-purchase timeline
for your own customers. For most social purchasing, a week is a long time, and a month is an eternity.
TIME EL APSED BET WEEN SHARING AND PURCHASE
PINTEREST
FACEBOOK
TWITTER
38 %
29 %
33 %
29 %
30 %
20 %
BETWEEN
1-3 WEEKS
MORE THAN 24 HOURS,
LESS THAN 1 WEEK
WITHIN
24 HOURS
36 %
29 %
10 %
Approximately how much time elapsed between when you shared or favorite this item and when you purchased it?
Asked April and June 2013
ideally, you will ask questions about your
customers’ spending cycle over time, and correlate
this data with other information you have about your
customers’ demographics, interests and buying habits.
If you are undertaking longitudinal research with the
same group of customers, you have even more options
for gathering this kind of data. For example, you could ask
those customers to tell you the three most recent items
they have shared from your online store or product line-up,
and follow up quarterly to ask which of these items (if any)
they have subsequently purchased.
1 week after sharing, roughly
HALF
of social media-inspired purchases have already been made
3 weeks after sharing, more than
80%
80% of social media-inspired purchases have been made
PURCHASED 24 HOURS TO 1 WEEK AFTER PINNING
24
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
25. MAKE THEM LEAP
WHEN IT COMES TO INSPIRING UNPL ANNED PURCHASING,
PINTEREST IS THE MOST SUCCESSFUL NET WORK.
Yet Pinterest users are the least likely to buy in the first 24 hours. What does it take to inspire leapers, and convert social
exposure to spontaneous purchasing? The relative strengths of each network suggest key opportunities.
FINDING
OPPORTUNIT Y
Product information drives purchasing
from Pinterest .
Share product information along with sale alerts on
Facebook and Twitter.
Few people say that Facebook helped them figure out
where to make their purchase.
Promote retail locations and “where to buy” information
in Facebook updates.
Pinterest users are the least likely to say they made a
purchase after discovering a sale or deal.
Embed sale, discount and coupon offers in pinned/
pinnable images.
ASK YOUR CUSTOMERS…
USE CUSTOMER INSIGHTS TO…
• How does the time from sharing to purchase vary
across social platforms? Do people who share an
item on Facebook move to purchase as quickly as
people who share on Pinterest?
• Do customers move from sharing to online purchase
more quickly or more slowly than from sharing to
in-store purchase?
• Which customer groups move quickest from sharing
to purchase?
• fine-tune your remarketing campaigns by
showing customers ads for items they have shared
during the window when they are most likely to
purchase.
• target your social media outreach to the
customers who are most likely to make a purchase,
during the window when they are most likely to act.
• offer discounts and incentives with
appropriate time limits so that customers
are motivated to buy while they are in their optimal
purchase window.
• identify the length of time you have to
adjust advertising buys and store displays
in response to a spike in social media engagement
with a specific product.
• plan follow-up emails and social media
messages that are timed to refresh interest from
customers who have shared on social, and move
them to purchase.
• understand the lifespan of your
customers’ interest and the length of your
sales cycle.
ACTION ITEM
Target your social media outreach to the window
when sharers are most likely to purchase.
PURCHASED 1 -3 WEEKS AFTER FACEBOOKING
PURCHASED 1 -3 WEEKS AFTER T WEETING
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
25
26. CONCLUSION
This report has demonstrated the role of social media in driving a substantial volume of purchasing both
in-store and online. Comparing the latest data with research from 2012 shows how quickly this phenomenon
has emerged, suggesting that it is only going to grow in importance.
brands as diverse as cricut, canon and
campbell’s have already begun to reap the benefits
of social shopping: their products were among the
many purchases that were reported in the course of this
research. While our research shows the overall patterns
that shape these purchase journeys, social sales drivers
vary as much as the products themselves.
That is why today’s companies need to understand how
social media drives purchasing among their
customers, and of their products. Ask your customers the
questions raised in this report, and you
will find your own path from social to sale.
SOCIAL PURCHASING ON THE RISE
PINTEREST PURCHASERS
2012
1 5
IN
2013
2 5
IN
Have you ever purchased an item – either in-store or online – after
you pinned / repinned / liked it on Pinterest?
Asked March 2012 and March 2013
?
HOW TO ASK YOUR CUSTOMERS
ABOUT SOCIAL PURCHASING
Vision Critical has prepared its own
deployment-ready survey, with questions you
can use in your next round of customer research.
Contact us to receive your copy.
info@visioncritical.com
ASK YOUR CUSTOMERS…
To the best of your recollection, in which product category was the last item you purchased after you tweeted /
retweeted / favorited it on Twitter? IN WHICH CATEGORIES DO YOU TEN D TO LIKE / COMMENT / SHARE
ON FACEBOOK? Approximately how much time elapsed between when you shared / liked / commented on
this item and when you purchased it? WHICH T YPE OF WEBSITE OR RETAIL STORE DID YOU BUY THIS
FROM? ON AVERAGE, HOW OFTEN DO YOU VISIT OR USE THESE SOCIAL MEDIA SITES? HAVE YOU EVER PU RCHASED AN
ITEM – EITH ER IN -STORE OR ON LIN E – AFTER YOU SAW IT ON FACEBOOK? DID SEEING THIS ITEM ON
FACEBOOK INFLUENCE YOUR DECISION TO BU Y THIS PRODUC T ONLINE? WHEN YOU SAW THIS ITEM ON T WIT TER, WERE
YOU ALREADY THIN KING OF PU RCHASING IT IN -STORE? Were any of these purchases ever made via
mobile device (i.e. smartphone, tablet, etc.)? IN WHICH CATEGORIES DO YOU TEND TO PIN ON PINTEREST?
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
26
27. ABOUT THE AUTHORS
ALEXANDRA SAMUEL
DAVID SEVITT
Vice-President of Social Media, Vision Critical
Vice-President of Consumer Insights, Vision Critical
@AWSAMUEL
@DSEVITT
Alexandra Samuel is Vice-President for Social Media
at Vision Critical, leading the company’s social media
business and marketing strategy. Her 20 years of online
community experience include leading a 3-year research
program on digital government for Don Tapscott,
investigating online social capital for Robert Putnam’s
Bowling Alone, and founding one of the world’s first
social media agencies. She has written for the
Wall Street Journal, the Harvard Business Review blog,
TheAtlantic.com, and Oprah.com, and is the author of
the Harvard Business Review Press ebook series,
Work Smarter with Social Media. Alexandra holds a Ph.D.
in Political Science from Harvard University.
David Sevitt is a Vice-President in the Consumer Insights
practice at Vision Critical, and for over a decade has
provided strategic guidance to clients in the Retail, CPG
and Technology sectors. David has extensive experience
designing customized and creative research programs
that help businesses make more inspired and more
profitable decisions. David has an undergraduate degree
in Commerce from McGill University and a Masters
degree in Journalism from Carleton University.
TRIBE: LEAPER
Latest social purchase: Concert tickets to hear jazz
pianist Fred Hersch, tweeted.
TRIBE: QUESTER
Latest social purchase: Jeffrey Campbell Piranha shoes,
via Pinterest.
CHERYL LOH
Graphic Designer
@LOHCHERYL
LENA LAM
Senior Research Manager, Vision Critical
@LENALAM
Lena Lam is a Senior Research Manager in the Consumer
Insights practice at Vision Critical. Her experience
includes a diverse range of qualitative and quantitative
research methodologies and data analysis techniques, as
well as extensive experience in research programs that
guide strategic business decisions. Lena has a Bachelor
of Commerce in Marketing Management and a Master
of Science in Marketing and Consumer Studies from the
University of Guelph.
Cheryl Loh is a recent graduate of the Communication
Design program at Emily Carr University. She is the
recipient of the Jim Rimmer Scholarship for Design (2011)
and the GDC National/Ray Hrynkow Scholarship (2012).
Her work has appeared in documentaries, Applied Arts
Magazine, and The Vancouver Sun.
TRIBE: QUESTER
Latest social purchase: Movie tickets for the Sign
Painters, tweeted.
TRIBE: THINKER
Latest social purchase: Ethical Ocean sweatshop-free tee,
liked and commented on Facebook.
ABOUT VISION CRITICAL
Vision Critical is the world’s leading provider of
insight communities, supporting more than 650
brands worldwide. Our software and services give
organizations crucial insights from communities
of their audiences, customers and stakeholders –
helping them make better decisions more quickly
than ever before.
Learn more about us at www.visioncritical.com
released june 25, 2013 | visioncritical.com/social2sale
V I S I O N C R I T I CA L | F R O M S O C I A L TO S A L E
27
28. LIKE
COMMENT
POST
SHARE
LIKE
LIKE
COMMENT
FIND OUT MORE
www.visioncritical.com
200 Granville Street, Mezzanine Floor, Vancouver, BC V6C 1S4
info@visioncritical.com | @visioncritical
N E W Y O R K • L O N D O N • H O N G K O N G • VA N C O U V E R • PA R I S • S A N F R A N C I S C O • S Y D N E Y • T O K Y O • T O R O N T O
C O L O G N E • M I N N E A P O L I S • C H I C A G O • O T TA W A • D E T R O I T • L O S A N G E L E S • C A P E T O W N