Online shopping networks, such as?MoneyOnTheGo.Net, are taking social media trends and?statistics?to validate the backbone of their company, but is it enough?
A press release in MarketWire yesterday, noted the increase in online shopping networks positioning their companies with success using social media techniques. What is being called a ?Technological Revolution,? the ease of searching, finding, reviewing and buying online has quickly increased in pace over the last few years, leading to an increase in online shopping, and perhaps more importantly, directing and keeping consumers in the online realm while completing purchases. It has long been known for some time that social networks such as Facebook and Twitter are?phenomenal outlets for marketing a brand or product. What was one a new?horizon,?rewarding?those who?jumped in to it and showing?positive?RIO, is now an essential part of most product marketing strategies. What?s now being learned is the?advantages?that come from not just marketing, but maintaining the entire shopping and buying process online.
?We have sharpened our skills within the social media space and use Facebook and Twitter to circulate short, entertaining videos that promote the benefits of the Mongo Prepaid debit card reward program and online shopping credit to buy our products? The social media markets are a great forum for our customers to promote our brand. It is an exciting time to be in the digital world.? -?Greg Bielawski, Spokesperson, Moneyonthego.net
Sociable Labs Study.?
Social commerce solutions provider, Sociable Labs,?conducted?a recent study focusing on over 1,000 consumers online shopping habits and buying?processes.
Along with the infographic, study result figures include:
- 2/3rds of online shoppers have read product reviews from a friend ? specifically on Facebook.
- 75% of consumers who read online reviews, eventually click through to find out more about the product.
- Over 50% of consumer who click through to learn more about the product eventually make a purchase from the retailer?s site.
About Moneyonthego.net
Moneyonthego.net is a member-based online shopping community that provides a diverse inventory to online shoppers through its exclusive Rewards Mall. Upon joining Moneyonthego.net, members receive a 2,500 dollar shopping credit good toward items in the Rewards Mall. Additionally, Moneyonthego.net provides members with a Prepaid MasterCard, which accumulates reward points corresponding to the amount of money loaded onto the card. Reward Points are then redeemable at the online Rewards Mall.
Source: Marketwire, BusinessNewsDaily.com
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