Thursday, May 7, 2020

How Social Media Influences Your Shopping Essay - 1287 Words

Buyer Behaviour Report: How Social Media influences your shopping behaviour. Group Members Bopha Soun – S3240240 David James Cooper – S3237119 Hiu Ying Man – S3320346 Course: Buyer Behaviour Course ID: MKTG- 1050 Semester 1 Tutor Name: Brian McCauley At the present time social media is the one of the most powerful ways to shop and advertise online via the use of web-based and mobile technologies; it transforms online communication into an interactive dialogue. Quester, Pettigrew and Hawkins (2011) defined social media as â€Å"media for social interaction, using†¦show more content†¦Marketing Magazine online tell us â€Å"For 35% of shoppers, the process starts with online search; 30% of consumers read user reviews on retailer websites as a part of the shopping process.† [pic] Chart 1. Comparison of time spent shopping and money spent between social media and non-social media shoppers (Arc Worldwide Social-media Study) In the U.S.A. alone there are 95 million people who admit to frequently using social-media in their purchase decisions. Hub Magazine found that more than 40% of American adults currently use social media as part of their shopping experiences, with further data showing most consumers increased in use of social media for shopping within an annual period. Hub magazine also found that 39% have strongly agreed with the statement that ‘they can learn a lot more about a brand by seeing what everyday people are saying about it online’ in comparison with only 22% percent of non-social media shoppers agreeing with the statement. This clealy shows us that Social Media can obviously affect buying habits. [pic] Diagram One. Depiction of differences between processes of traditional and social media (Kaster) However, social media may not be the first choice for every business or organisation for their marketing strategy. In December 2009, COM Score released a report of their customer survey that showed peoples views on social media in comparison to traditional forms of media. Overall, they found that 28% ofShow MoreRelated The Media Has a Grasp on Younger Generations811 Words   |  4 Pages Media can influence every home in America. Not only is it capable of influence through television, but it can influence through magazines, newspapers, word of mouth, even clothing! The qualities of a person media tends to influence most, is their self-esteem and personality. Women are especially seen as being influenced, but men are in the bunch as well, although less published. Children are being brought into the influence as well at younger ages each generation. 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