Ecommerce has become more competitive as more customers adapt and learn the ‘correct buying behaviour’. The challenge is getting bigger as SMEs are struggling to lead the online competition.
Using social media to reach out to customers might be reasonable. however, most business owners wonder whether they can really gain extra cash through social media marketing.
The following infographic has investigated the latest increasing how companies spend their budget for their social media marketing effort. Considering the high number of businesses that are spending more in this particular area, startups might have wondered whether it is really worthwhile. The success of social media marketing can depend on various elements, such as the types of customer you are targeting to and what they like most. However, if the right niche is filled, it can be very powerful. In fact, customers who do use social media during the online shopping process are four times more likely to spend more than those who don’t.
What are you waiting for? Find out some valuable facts in the infographic below and grab some top tips on how to maximise your social media marketing efforts.
Infographic credit: Parcels 13ten