The Web 2.0 entrepreneurs are always aware of new strategies to sell more, but maybe now the methods used previously, and that generated huge amounts of money on e-commerce transactions, and fail to cause the desired impact.
Today with the rise of social media and new tools to better market a product, there are new more efficient alternative to a sale. This is demonstrated by a study published by Acquisa and developed by Bitkom high-tech company, where he disclosed the recommendations of products through online stores by customers themselves and through social networks.
In figures, one in four Internet users (34%) are encouraged to buy by the recommendations of other customers of an online store, and the same percentage also done using discount vouchers. About 19% trust recommendations from friends and acquaintances in social networks. In conclusion we could say that the personal recommendations of products also play a more effective than conventional advertising, both online and offline, so that social networks become a weapon of greater significance to advertisers.
In this study, and 56% made a purchase motivated by online advertising. Those who are influenced more by these campaigns are young people between 14 and 29 years constitute 67%. Users over 65 are the people who show more timidly and only one in four (27%) are convinced by online advertising.
The effectiveness is lower in the pop-ups (4%), video advertising (6%) and banners (8%). 12% is still influenced by the classic advertising via email, by 11% reacts to the small ads and recommendations on blogs, while 10% of Internet users prefer to use private pages.
After reading this you will have understood that social networks are more important than you thought or you will have confirmed their enormous role in the development of electronic commerce. You’re probably using some of the advertising strategies mentioned in lines behind, but perhaps it is time to improve.