Curated News
By: NewsRamp Editorial Staff
May 03, 2024

New IZEA Study Reveals Majority of US Social Media Users Make Influencer-Inspired Online Purchases

TLDR

  • Influencer marketing on Amazon drives consumer purchases, providing a strategic advantage for brands in e-commerce competition.
  • IZEA's research report analyzes the impact of influencer marketing on purchasing behavior, drawing insights from a survey of 1,200 American consumers.
  • Influencer marketing shapes consumer decisions and empowers brands to capitalize on consumer behavior, making the world of e-commerce more effective.
  • More than 50% of U.S. consumers find influencer content more compelling than scripted advertising, highlighting the impact of influencer marketing on consumer behavior.

Impact - Why it Matters

Influencer marketing is shown to have a significant influence on consumer behavior, with a majority of U.S. social media users making purchases based on influencer recommendations. This trend has implications for brands looking to reach consumers effectively and underscores the need to leverage influencer marketing to stay competitive in the e-commerce landscape.

Summary

IZEA Worldwide Inc. (NASDAQ: IZEA) released a new research report that examines the effectiveness of influencer marketing on purchasing behavior and its impact on products sold on Amazon.com (NASDAQ: AMZN). The study found that 59% of all social media users in the U.S. have made a purchase after seeing it being used by an influencer, and an estimated 55% have made influencer-inspired purchases on Amazon. The report also shows that consumers are at least 7.6 times more likely to shop on Amazon than other websites after seeing a product promoted by an influencer, with 71% of respondents saying they use the e-commerce giant to make purchases.

The findings echo those in a report titled Trust in Influencer Marketing 2024, published by IZEA in March, which found that 51% of respondents made a purchase after seeing a product used by an influencer. It is also noteworthy that more than 50% of U.S. consumers surveyed for the March report said they find that content created by social media influencers is more compelling than scripted advertising written by a marketing professional. The data clearly shows that influencers hold immense sway over consumer behavior. Brands need to make the most of this form of marketing if they do not want to fall behind their competitors.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, New IZEA Study Reveals Majority of US Social Media Users Make Influencer-Inspired Online Purchases

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