Social Media Statistic
Sales via social commerce are expected to reach $30 billion within five years
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45% of social media users are at least ‘somewhat’ comfortable providing credit card details through social media channels
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Men, those between 18-34 and those earning over $35k are more comfortable providing credit card details on social media
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20% would purchase products from their favourite brands within their social media sites (as opposed to normal websites)
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34% would be more likely to share information about a purchase on a social media site than one on a traditional e-commerce site
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74% wouldn’t use an alternative currency (eg. Facebook credits) to make a purchase on a social media site
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Only about 17% of Facebook pages feature products, and only 4% enable check-out (complete purchase) within the Facebook page
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by 2015 brands will be generating 50% of their web sales through social media and mobile platforms with a projection of $30 Billion
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