And Millennials require "social proof" when buying. That means they pay attention to what other people say about products.
Friday, May 18, 2012
"Social Proof" is Becoming Essential for Sales
There's one very good reason why all brands need to develop their online presence, make use of user product reviews and testimonies. By 2017, Millennials will be the single largest buying demographic in the United States.
And Millennials require "social proof" when buying. That means they pay attention to what other people say about products.
And Millennials require "social proof" when buying. That means they pay attention to what other people say about products.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
Subscribe to:
Post Comments (Atom)
How Much Do Tariffs Affect Inflation?
Today’s political discussions can be frustrating and unhelpful, in large part because people disagree about what the “facts” of any subject ...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
Financial analysts typically express concern when any firm’s customer base is too concentrated. Consider that, In 2024, CoreWeave’s top two ...
No comments:
Post a Comment