Did you know that social commerce sales are forecast to represent five percent of all online retail revenue in 2015?
Doesn’t sound like much? That five percent equates to $15 billion. Not too shabby.
85 percent of orders from social media sites come from Facebook, with an average spend of $55. However, that’s fourth overall behind Pinterest ($58.95), Instagram ($65) and Polyvore ($66.75). Sales from Twitter generate an average order value of $46.29.
Check the visual below for more statistics and trends, which comes courtesy of Invesp.
- New York Fashion Week on Twitter: More Than 1.2 Million Tweets About #NYFW
- Twitter: More Than 2.4 Million Tweets About #AppleLive (Peaking at 32,305 TPM)
- 5 Crazy Ways Social Media is Changing Your Brain Right Now
- 81.9% of Social Shares Happen on Facebook (Twitter: 8.6%, Pinterest: 3%) [STUDY]