A significant shift in shopping behavior has emerged, particularly among Gen Z consumers, who increasingly turn to social media for product discovery and purchases.
This trend highlights the growing influence of platforms like TikTok and Instagram, which have become essential tools for brands aiming to connect with younger shoppers. RB Insights Social Media Dominance : 60% of Gen Z shoppers discovered new products on social media, compared to 33% of all shoppers.
products from social media influencers, nearly double the overall shopper rate of 21%. Purchase Behavior : 32% of Gen Z made purchases based on social media discoveries, compared to 15% of total shoppers. Statista: Gen Z vs.
overall shoppers discovering and buying on social media 2023 One-third of all shoppers found a new product or brand through social media in the six months leading up to the 2023 survey, nearly half the rate observed among Gen Z consumers, which stood at 60 percent .
Likewise, the proportion of Gen Z consumers who discovered a product or brand through a social media influencer and those who made a purchase was nearly double that of the overall consumer base.
The Shift Towards Social Media Recent studies indicate that social media has overtaken traditional channels like search engines and TV ads for brand discovery. According to a report, 38% of shoppers found brands through social media, surpassing the 37% who used search engines and 35% who relied on TV advertisements…
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