
Understanding E-commerce Social Media Advertising
Social media advertising for e-commerce involves using sites like Facebook, Instagram, Pinterest, TikTok, and others to market products and encourage online purchases through online storefronts.
The mentioned practice grew significantly in 2023–2024, rendering social media a crucial center for e-commerce operations.
Let’s examine some fascinating social media data related to e-commerce to emphasize how important this is:
- Eighty percent of consumers shop online
- In 2024, sales through social media platforms will be predicted to surpass $2 billion.
- Nearly 28% of users between 16 and 64 stated that they primarily used social media to get ideas for things to buy or do.
- More than 70% of people suggest brands they buy from on social media.