Monday, May 23, 2011

Shopping has Become More Social

A study by Yahoo finds that consumers are less impulsive in their shopping behavior because of the Internet, but also has become much more social, with 49 percent of users sharing their views and opinions about products.

Consumers routinely are checking consumer and expert reviews before committing to purchases, for example, and social networks are a particular enabler of such sharing.

"We found that 49 percent of consumers give advice to others, motivated by a feeling of solidarity with other shoppers," the Yahoo study says.

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When Was the Last Time 40% of all Humans Shared Something, Together?

I miss these sorts of huge global events where 40 percent of living humans share a chance to build something for others.