The most popular social media sites are…
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Gen Z and millennial respondents indicated content from regular social media users has nearly equally as big an impact on their holiday purchase decisions as promo codes do.
Other findings from the survey are below.
- Six-in-10 respondents agree that they’d be willing to pay more for a product that has positive buzz on social media—of which 22% strongly agree.
- Across all respondents, 34% will go to the company’s website to do more research before buying a product and 30% will go directly to the company’s website to buy the product. Only 13% will buy directly from the social network.
- Across all respondents, 56% expect to make the same amount of purchases on social media in 2025. One-in-three (32%) expect to make more purchases and only 12% expect to make fewer purchases.
- Across all respondents, 63% say that they somewhat trust social media networks to protect their personal data. 22% completely trust social media networks and 16% don’t trust social media networks at all. Complete trust is higher among male respondents than among female respondents (27% vs. 17%) and higher among Gen Z and millennials (28% & 29%) than among Gen X and baby boomers (19% & 10%).
- Almost one-in-four (23%) surveyed baby boomers say they do not trust social networks at all with personal data, compared to 15% of Gen X, 14% of millennials and 10% of Gen Z.
A consumer survey was conducted online Sept. 27 – Oct. 1, 2024 by global market research firm Glimpse on behalf of Sprout Social. Participants included 2,068 consumers across the U.S. and U.K. who have at least one social media account and follow at least five brands on social media.