Wednesday, April 29, 2015

Social media is the fastest growing source of e-commerce traffic

Social media is the fastest growing source of e-commerce traffic 
Cooper Smith | April 29, 2015
(c) BuisnessInsider.com
bii social ecommerce referral traffic3 1

In absolute terms, social media isn't a huge driver of e-commerce traffic, but that's quickly changing. In fact, social media is the fastest growing source of traffic for online shopping sites (mobile and desktop) at a time when search's share of total referrals is shrinking, according to data sent to us by MarketLive.  

  • Social traffic to e-commerce sites is growing far faster than other referral channels. Social media increased its share of e-commerce referrals nearly 200% between the first quarters of 2014 and 2015. Roughly 2% of all e-commerce traffic in the US now stems from social networks such as Facebook, Pinterest, and Twitter.  

  • Search — particularly paid search — is seeing its share of referrals shrink. Paid search's share of online shopping traffic declined 20% year-over-year (YoY) and now accounts for just 16% of total e-commerce traffic. Meanwhile,organic search's share of traffic declined 8% YoY and now accounts for 34% of total e-commerce traffic. 

  • Referral traffic from email remains fairly consistent. Email's share of online shopping traffic declined slightly YoY, and still accounts for roughly 13% of all e-commerce traffic on desktop and mobile in the US. 

The data suggests that consumers are increasingly exhibiting shopping behavior on social networks. As a result, brands and retailers should be allocating a larger share of their marketing resources to social platforms like Facebook. 


It's also important to note that a greater and increasing share of e-commerce traffic is coming from direct site visits. This suggests that shoppers are becoming increasingly loyal to particular e-commerce sites. So consumers are relying less on search and more on their past experiences to decide which shopping sites they visit.