Social media has appropriated the business world. With all businesses now having their own social media accounts, taking advantage of the audience reach that Facebook, Twitter, Instagram and LinkedIn has throughout the planet . With this in mind, it only is sensible for businesses, regardless of how big or small they may be, to dive into the social media world to market their brand. this is often especially true for e-commerce businesses.
Whether you're a college student making money online or a seasoned businessperson who have decided to take on the challenge of technological advancement, there are variety of things that you should know about in terms of e-commerce stats and social media marketing.
WHY IS SOCIAL MEDIA IMPORTANT FOR E-COMMERCE?
It is projected that by 2020, 90% of companies will be using a social media platform to connect with their consumers. At the identical time, data shows that customers tend to spend 20-40% more for companies who interact with customers through social media. According toeagle matrix proves that social media interactions can help increase traffic towards your business and facilitate your create a good reputation for your brand.
HOW does one DRIVE TRAFFIC FROM SOCIAL MEDIA?
The social media is that the perfect place to build three important things for businesses:
connections
relationships
engagements