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Social Ecommerce – Can it help Retailers and Brands evolve

Social Ecommerce – Can it help Retailers and Brands evolve
One of the biggest shifts in trend that was observed last year was the emergence of social ecommerce! Retailers and brands started taking to social networks not only to enhance their visibility, but also to rake in the money and increase their revenues.

The Internet supports the sharing of information amongst various networks, and does so at a speed and scale that can never be achieved in the offline world! Statistics have shown that nearly 90% of people tend to trust recommendations made by friends above any kind of advertising. In the United States, users spend nearly 41.1 billion minutes surfing through Facebook. Facebook has 500 million users and keeps adding to this figure every single day! This is the power of social media!

Owing to this, there are many social ecommerce solutions that have hit the market today and are constantly evolving. Retailers and brands have started capitalizing on this to increase their revenues and make it big in the social networking scene as well! Let’s see what big surprises this year holds in terms of social ecommerce solutions!

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