Showing posts with label Social Commerce. Show all posts
Showing posts with label Social Commerce. Show all posts

24 Jan 2013

The Psychology of Social Commerce


Twenty five years ago, if you wanted to buy something, anything, you had a few of options:
  1. Go to a shop / face-to-face with the buyer
  2. Order via a catalogue / respond to a classified ad
  3. Order via the phone
There was no internet, social media, and therefore zero ecommerce going on. Want to reminisce on evolution of Digital - take a look at this previous post of mine Digital evolution infographic

A customers decision to buy was based upon (in retrospect) fairly limited information, whilst the masses perception of the brand/product was largely based upon the advertising dollars pumped into the marketing, or 'pushing' of the product. 

Sure word-of-mouth influence occurred but only within a persons immediate network of friends, and the friends would have to know that the person was thinking about purchasing a specific product/service to know whether to give up their knowledge and opinion.



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