Consumers are spending more time than ever using social media, as demonstrated in the Social Media Report recently published by Nielsen and NM Incite, a Nielsen/McKinsey company. Building on this report, research by NM Incite helps uncover what impacts social media may have for marketers trying to build their brands and connect with their audience more directly.

Social Media plays a significant job in how shoppers find, research, and share information about brands and items. Truth be told 60 percent of shoppers search items through numerous online sources found out about a particular brand or retailer through social media. Dynamic social media clients are bound to pursue item audits on the web, and 3 out of 5 make their surveys of items and administrations. Ladies are almost certain than men to enlighten others the product that they like (81% of females versus 72% of guys). Generally speaking, customer-generated reviews and item evaluations are the most favored product information among social media clients.

How does social media influence branding

Research shows that social platform is progressively a stage where consumers use to communicate their reliability to their preferred brands and items, and many look forward to receiving rewards from brands for promoting their items. Among the individuals who share their brand experiences through online networking, at least 41 percent state that, they do get discounts. While searching products, social media clients are probably going to trust the suggestions of their friends and family the most, and results from Nielsen’s Global Online Survey show that 2 out of 3 respondents said they were either exceptionally or to some degree influenced by advertisement on a social setting.

 

On the flip side, another interesting trend is the interest of consumers to act as ambassadors and advocates for brands through networking. A majority of active social networkers (53%) follow brands. These brands are increasingly recruiting their fans and followers to spread word-of-mouth recommendations about their products and services, and among consumers who write product reviews online, a majority say they share their experiences to “give recognition for a job well done” by the company. Social media users are also interested in collaborating with their favorite brands, with 60 percent of 18- to 34-year-olds saying they want to give product improvement recommendations and another 64 percent who want to customize their products.

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