Social reviews outstrip TV advertising for influence, Deloitte media study finds
Reviews and recommendations by consumers on social networks are now ahead of TV in influencing purchase decisions Deloitte’s latest media consumption survey has found.The report revealed that for the first time the growing impact of social media was having a direct effect on how shoppers made decisions, with TV slipping just behind social media.
And it confirmed the continued reluctance of consumers to pay for digital news, with one-in-five relying on social media as their main news source.
Word of mouth remained the most influential channel for brands to get their message across but the report’s co-author, Niki Alcorn, said that the influence of social media has now reached a tipping point.
“More respondents (58%) have ranked ‘reviews from people within their social media circles’ in their top three influencers for buying decisions than television adverts (55% of respondents),” Alcorn said.