Global survey shows nearly three-quarters (74%) of respondents are influenced by social media ads and 88% agree that they consult online reviews before purchasing a product
Social Media Ads and Online Reviews Carry Major Weight with Consumers
According to the survey’s 4,000 respondents across the U.S., UK, Ireland, Germany and France, nearly three-quarters (74%) of respondents are influenced by social media ads and the majority (71%) of global respondents have made at least one purchase from a social media ad in the last 12 months. Of this group, 35% of respondents made one to two purchases, 23% made three to five purchases and 13% made more than five purchases.
When it comes to the amount of influence online reviews have, nearly all respondents (88%) from the five countries surveyed agreed that they consult online reviews some of the time before purchasing a product, and 41% of those said that they always do. Global respondents also indicated that negative reviews impact their purchasing decisions 88% of the time, on par with positive reviews (89%). The survey also revealed the most popular channels. On a global basis, it was Google Reviews (58%). Respondents’ second choice; however, was dependent on where they live. In the U.S., UK and Germany it was YouTube (37%), while those in Ireland and France prefer Facebook (34%).
“A robust content moderation strategy, that could include engaging an external partner with the industry experience, regulatory landscape knowledge, technology capabilities and skilled moderators, is imperative to providing an engaging, safe and trust-worthy brand experience,” continues Hannon. “Brands that make the proper investments will set themselves apart from competitors and create lasting impressions that will translate to customer loyalty and incremental sales.”
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