ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

New DISQO Insights: Customer Experience More Effective Than Influencers In Driving Social Shopping

LOS ANGELES, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Customer experience (CX) platform DISQO released new insights about how social media marketing is falling short in building trust with consumers, yet is still driving in-app purchases, in its report, “Social Media Shopping.” With nearly 80% of consumers using social media daily, DISQO’s findings underscore the massive opportunity to drive lower funnel outcomes on social media.

“With the 2024 holiday shopping season entering full force, brands need effective strategies to harness social media’s diverse audiences and undeniable engagement power,” said David Grabert, VP of Brand & Communications, DISQO. “We’re not just talking about digital natives, like Gen Z, but also older generations who are now also buying within social media. Brands should use this season to test bespoke social content for different cohorts and platforms while also considering the overriding impact of customer experience over influencer marketing.”

Key insights about social media usage and ecommerce activity in DISQO’s new report:

  • CX factors are most influential in driving in-app purchase decisions. Consumers report product reviews (28%), discounts (24%), and trustworthiness of sellers (22%) as the top considerations in social media sales. Counter-intuitively, influencer recommendations were the least impactful across generations, with only 2% stating they drive purchase decisions.
  • Consumer trust in social media ads is currently very low. Only 5% of consumers said they have even moderate trust in any kind of social media ads. Sponsored posts saw higher trust than influencer posts, but there was relatively low difference (6 points) between the two. Over a quarter of consumers have “OK” trust in both formats. Brands have an opportunity to win over these consumers by engaging with content that emphasizes positive reviews and promotions, which respondents said were more likely to drive them to purchase actions.
  • Conventional assumptions about age and social media shopping usage are antiquated. More Millennial and GenX consumers, 45% and 39% respectively, reported shopping in-app ecommerce activity on social media than GenZers (37%). And when it comes to shopping in-app, most generational cohorts were less than a 10-point difference from the general population (40%), suggesting a strong opportunity to reach consumers across generations.

Insights were sourced from 19,294 consumers in DISQO’s audience, October 7-8, 2023, and weighted to represent the US population. Download “Social Media Shopping” now.

About DISQO
DISQO is the CX platform for understanding every customer experience. Businesses trust DISQO to power better decisions for every customer, touchpoint, and outcome. DISQO’s advertising measurement, customer feedback, and audience access products are powered by millions of consumers on the industry’s largest opt-in consumer data platform. DISQO is recognized in Deloitte’s Fast 500 and Ad Age’s Best Places to Work, and has won ad measurement awards from Digiday and Cynopsis media. Follow @DISQO on LinkedIn and Twitter.

Media Contacts

Abbie Baxter
abigail.baxter@disqo.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8a9a2953-c440-434b-a491-d38fb3d7ca82


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.40
+3.99 (1.63%)
AAPL  269.43
+0.96 (0.36%)
AMD  243.98
+10.44 (4.47%)
BAC  53.42
+0.22 (0.41%)
GOOG  290.59
+10.89 (3.89%)
META  631.76
+10.05 (1.62%)
MSFT  506.00
+9.18 (1.85%)
NVDA  199.05
+10.90 (5.79%)
ORCL  240.83
+1.57 (0.66%)
TSLA  445.23
+15.71 (3.66%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.