article thumbnail

7 statistics that prove the importance of social media marketing in business

Sprout Social

As the spending power of these digital natives increases, the size of social networks will also continue to grow, reaching over 243 million social network users in the U S by 2025. If your brand isn’t poised to capitalize on the growing networks, those consumers are most likely going to discover your competitors first.

article thumbnail

14 best shopping apps of 2022

Sprout Social

In fact, mobile commerce — or m-commerce — is likely to make up nearly half of all US retail m-commerce sales by 2025. Or, if you’re a marketer for organizations in these industries, consider partnering with these apps to gain awareness and loyalty from shoppers. People love shopping on their phones. Marketplace shopping apps.

Retail 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Measure Customer Engagement and Why It’s Important

Pixlee

If you want to analyze performance, build loyalty, and establish your brand, it’s crucial that you understand how to measure customer engagement. It’s about regular interactions, communication, and establishing an emotional connection that encourages long-term loyalty. billion by 2025. billion people use social media worldwide.

article thumbnail

Everything You Need to Know About Ecommerce Chatbots in 2022

Hootsuite

billion by 2025 ? This is a missed opportunity to create brand loyalty and land a sale. Ecommerce chatbots boost average lifetime value (LTV) and build long-term brand loyalty. Post-sale support helps build long-term trust and loyalty. What’s driving the ecommerce chatbot revolution—a market that’s expected to hit $1.25

FAQ 119
article thumbnail

Social Media Marketing for Retail Brands: 5 Essential Tips

Hootsuite

Meanwhile, your organic content builds brand loyalty and positions you as a go-to resource in your niche. Of course, those interactions are often a driver of customer loyalty and increased purchase value. Instead, focus on building a relationship with followers that leads to more sales over time. In 2021, ecommerce represented 15.3%

Retail 103
article thumbnail

The 12 Top Benefits of Chatbots in 2023

Hootsuite

These robot sidekicks do wonders for customer service, sales, and brand loyalty. billion in 2025. The benefits of chatbots for businesses are well documented. And they’re just getting started. The size of the chatbot market worldwide is expected to hit a whopping $1.25

FAQ 138
article thumbnail

Stats to Know About Ecommerce & Retail Trends In 2021

Pixlee

Experts expect ecommerce penetration rates to reach 25% by 2025. 84% of consumers say they trust peer recommendations above all other sources of advertising, so proudly showcasing real people using your product is a surefire way to generate more brand awareness and loyalty from your community. Shoppers Go Online.

Retail 52