Social Shopping on #BlackFriday

It’s #BlackFriday and the numbers show that social shopping is bigger than ever.

We hope everyone had a wonderful, relaxing Thanksgiving. It makes sense that the day following one of the biggest feasts of the year we are forced to exercise the whole thing off by running through malls and department stores offering the biggest savings of the year. But this year, something is different; social shopping is a major factor in this year’s Black Friday shopping. Below are five truly impressive stats about social shopping this year.

91% of e-commerce retailers saw a boost in the SEO rankings due to social referral traffic.

It is no longer speculation that social plays a major role in SEO, but these numbers are unprecedented. Social sites like Pinterest and Facebook are driving tremendous traffic to online retailers offering up some big deals this holiday season. So the results of being socially active? Your search rankings get a well-deserved boost as buying season gets into full swing.

There has been a 357% year-over-year increase in sales from social traffic.

No, we did not forget to add a period anywhere – that is three-hundred-and-fifty-seven percent. Social activity is driving more and more buyers to online stores to do their holiday shopping this year. That’s good news for the retailers with the foresight to have been aggressive with the their holiday promotions on social media in 2013.

65% of consumers research gifts using social media.

Using social media for research and recommendations is nothing new. But it is hard to imagine why anyone would not take advantage of such a vast majority of online users looking to social media for advice. Imagine being able to talk directly to a prospective customer without ever having to get them in the store. The sales process is changing, and numbers like this prove it.

Buyers originating on Pinterest average almost $200 per sale.

Simply put, that’s a big number. Of course we expect consumers to be spending more around the holidays, but we would expect the numbers to even out when we aggregate the data. On Pinterest, it is all high purchases. Pinterest’s most prominent demographic is women from high-income households. It is no wonder that smart businesses turned to that network to drive higher social-driven sales.

Social drives as much online traffic as in-store.

For retailers that discount the importance of social media because they are brick-and-mortar only, think again. Statistics show that social media is driving as much traffic to physical stores as it drives to online stores. Remember, social is a research tool. So no matter what your business structure is, a large part of your audience is starting on social.

Good luck with your holiday shopping this year!