Shoppers rarely buy anything nowadays before making a quick scroll on social media to check out what others have to say about products and brands. They want to make sure they’re getting their money’s worth with each purchase, and social media is there to help. Whether it's product review and unboxing videos on YouTube or inspirational photos on Instagram, consumers are hungry for authentic content and social proof.
User-generated content (UGC) is getting traction in ecommerce, as online retailers and brands learn to use consumer-created content to attract visitors and engage them. Find out more about how UGC works in convincing consumers to buy, why it's important for Millennials, and which form of UGC converts shoppers best - continue reading on https://blog.goodvid.io/everything-you-need-to-know-about-user-generated-content-in-ecommerce/
13. 92% of consumers worldwide say they
trust word-of-mouth more than any kind
of advertising
- Marketing Land
10.
14. According to a report by Forrester, 70%
of consumers consider product and brand
recommendations from their social circles
trustworthy and 46% trust online reviews
posted by other customers. In comparison,
only 10% trust banner ads on websites
- Forrester
11.
15. 70% of consumers place reviews by other
customers above professionally written
marketing content
- DMNews
12.
17. 14.
When looking for information about a
product, 51% of US consumers trust
user-generated content more than other
information on a company website
- Bazaarvoice
18. 15.
It is estimated that influencers represent
one-fifth of the consumer population
and influence purchases of 74% of the
population
- eMarketeer
19. 16.
Millennial consumers trust information
from user-generated content 50% more
than information from mainstream media
sources
- Smart Brief
20. 17.
71% of consumers
say that user-generated product reviews
make them feel more comfortable buying
a product
- 3DCart
27. 23.
When UGC is included in advertising, online
stores see 4x higher click-through rates
and 50% drop in cost-per-click
- Shopify
28. 24.
UGC can improve conversion rates
6.4% for clothing, 2.4x for jewelry,
1.7x for footwear and 1.6x for products
in beauty and consumer electronics
verticals
- ClickZ
29. 25.
When consumers see UGC while shopping,
conversion rate goes up 4.6%
When they interact with user-generated
content, conversion rate increases 9.6%
- ClickZ
31. 26.
84% of Millennials say that user-generated
content on a company website has some
influence on their purchases. The same
thing is valid for 70% of Baby Boomers
- Bazaarvoice
33. 28.
After researching purchases online,
52% of Millennials are more likely to
buy online than in physical stores (48%)
- Bazaarvoice
34. 29.
51% of Millennials
say that consumer-made reviews on
company sites have a greater influence
on what they buy than recommendations
from friends and family
- Bazaarvoice
35. 30.
Millennials are 3x more likely than
Baby Boomers to search product
recommendations and what to buy
on social media
- Bazaarvoice
36. 31.
64% of Millennials feel that companies
should offer more ways for consumers
to share their feedback on products
and brands online
- Bazaarvoice
37. 32.
87% of Millennials appreciate the
authenticity of UGC and prefer when
companies don’t edit reviews for
grammar and spelling
- Bazaarvoice
38. 33.
65% of social media users ages 18-24
take into consideration information about
products on social platforms before buying
- DMNews
39. 34.
Millennials (age 25 and above) and Gen X
consumers contribute to 70% of all
user-generated content online
- DMNews
40. 35.
71% of Millennials engage with social
media and user-generated content daily
- SmartBrief
44. 38.
64% of marketers now use UGC in the
form of photos and videos in earned
marketing channels (more than any other
types of visuals)
- Sproutworth
46. 40.
32% of shoppers would buy apparel online
if online stores showed user-generated
photos of real customers wearing
garments
- PowerReviews
47. 41.
66% of shoppers in the UK and 63% of
shoppers in the US trust user-generated
product photos more than photos made by
the brands and retailers
- Digital Marketing Magazine
48. 42.
67% of consumers turn to video reviews at
least once before making a purchase, and
49% go to YouTube for more information
about a product
- Adweek
49. 43.
Conversion rate increases up to 10% when
visual user-generated content is present
on shopper’s path to purchases
- Wyng
50. 44.
38% of marketers say that user-generated
content in the form of photos and videos
performs well on a desktop while 42.5%
says it performs well on mobile
- Sproutworth
54. 47.
48% of consumers say that user-generated
content is a great way to discover new
products, brands, and retailers
- Forrester
55. 48.
41% of shoppers need only 1 to 4
user-generated product reviews
to be influenced to buy
- Adweek
56. 49. 69% of consumers trust user-generated reviews
about clothing, household goods, and personal
care products
68% trust reviews about computers and
electronics, while 64% trust reviews for children
products, while over 50% trust reviews on
healthcare products, children products, and food
- Adweek
57. 50.
More than 59% of millennial shoppers
reach out for user-generated content
before buying major consumer electronics,
53% search for it before buying major
appliances, 46% before buying mobile
phones
- DMNews
59. 52.
The most influential user-generated
product reviews feature customer
personal stories (80%) and product pro’s
and con’s (71%)
- Adweek
60. 53.
59% of shoppers use smartphones at
home to view user-generated product
reviews and 54% use laptops
- Adweek
61. 54.
Sites featuring user-generated content
see 20% increase in repeat visits and up
to 90% increase in the time spent on the
site
- Wyng
62. UGC IS STILL A CHALLENGE
FOR ECOMMERCE MARKETERS
63. 55.
According to L2 report, only 9% of top 250
consumer brands place user-generated
content directly on their product pages
- ClickZ
64. 56. Marketers face the following obstacles to
using user-generated images and videos
from social media: the process is manual
and labor intensive (31.7%), they don’t
have adequate software and technology
(26.8%), and they don’t know how to
filter the right content from social media
(24.4.%)
- Sproutworth
65. 57.
Only 27% of marketers have a system
in place for aggregating, organizing and
managing the visual assets used in
marketing efforts
- Hubspot
66. 58.
54% of marketers say they cannot report
effectively on how visual content assets
affect conversion
- Curalate
67. 59.
30.8% of marketers say that a solution
that automates the discovery of influential
user-generated content would have
time-saving benefits
- Sproutworth
69. 60.
Goodvidio is a conversion rate optimization
solution for ecommerce that uses the
power of UGC to help online retailers
increase sales
70. 61.
Goodvidio automates the discovery,
curation, publishing and optimization of
user-generated video content from social
media in ecommerce
71. 62.
With just a few clicks, ecommerce
marketers can get a selection of the best
user-generated product review videos
from sites like YouTube, ranked based
on retailer’s preferences and ready for
publishing on the product pages
72. 63.
Online retailers who use Goodvidio see
+80% increase in conversion rates and
+340% increase in customer engagement
with user-generated product videos from
social media
73. WANT TO GET STARTED WITH UGC
FOR YOU ECOMMERCE STORE?
Visit www.goodvid.io