People now spend 2 hours and 19 minutes daily on about 7 different social media platforms. This takes up 14% of their waking hours, which has changed how brands connect with their audience. The digital world has become everyone’s favorite shopping destination. Online retail sales will likely hit $8.10 trillion by 2026. Online shopping makes up 21% of all retail sales in 2023, and experts believe this number will grow to 24% by 2026. These changes show up in several ways:
- People use multiple social platforms to shop
- They want customized shopping experiences
- They care more about sustainable and ethical buying
- They just need smooth digital interactions