Deloitte: This year, the total value of commerce in social media may reach one trillion dollars
This year, the total value of trade in social media may reach one thousand billion dollars, and the number of customers may reach 5 billion, Deloitte told MTI.
The international consulting company explained the significant increase, estimated at 25 percent compared to last year, with the new consumer experience provided by social platforms. These websites now also offer shopping opportunities combined with simple digital payment and the experience of random product discovery, they wrote.
According to the announcement, the keys to sales are internet opinion leaders (influencers) and content producers who use their influence to promote products. Demand jumped during covid, one-third of Americans depend on one of the Internet content producers for their purchasing decisions. Even more people said that they first looked at a product through social media, they added, referring to a survey.
Related news
Deloitte: 26 outstanding Hungarian companies awarded
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Tourism 15 years from now
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Social media is causing serious anxiety for Generation Z
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >