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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 13 days · First seen · Last updated

Social media influence on consumer purchasing behavior

Overview

Recent reports and studies highlight the growing role of social media platforms in facilitating the consumer journey from product discovery to final purchase. A global insights report by DoubleVerify indicates that social media and walled garden platforms are evolving into full-funnel channels, with approximately 25% of global consumers having made a purchase through social media in the past year. Short-form video formats, such as TikToks, Reels, and Shorts, have emerged as significant drivers of consumer action, particularly in Latin America and the Asia-Pacific region.

Complementary research from the Universidad Nacional Daniel Alcides Carrión in Peru reinforces these trends, identifying TikTok as a leading platform for both viewing and direct purchases among students. While over 58% of surveyed participants reported making a purchase in the previous quarter, the research also identifies critical barriers to conversion. Specifically, a lack of trust remains a primary obstacle, with approximately 80% of participants avoiding purchases due to uncertainty. The findings suggest that consumers show a preference for paid advertisements that offer functional demonstrations, such as explanatory videos.

Entities

TikTok · Universidad Nacional Daniel Alcides Carrión · DoubleVerify · Stuart Flint · Sapio Research

Timeline

  1. [TECHNOLOGY] 2 sources
    Social media advertising impacts student purchasing decisions

    A study at UNDAC reveals TikTok is a primary driver for student purchases, though lack of trust remains a major barrier for 80% of participants.

  2. [BUSINESS] 4 sources
    DoubleVerify report shows social media as a direct path to purchase

    A DoubleVerify report finds that 25% of global consumers have purchased products via social media, with short-form video emerging as a primary driver for consumer action.

Sources

repositorio.undac.edu.pe · ricaxcan.uaz.edu.mx