Selling on Social Media - How to Capitalize on Word-of-Mouth Buzz via Contextual Commerce this Holiday Season
According to eMarketer , US retailers can expect a happy holiday season in 2015, as eCommerce sales are expected to rise by approximately 13.9% since last year's holidays. This year, one of the most exciting drivers of growth is "contextual commerce," a phrase to describe shopping that can be completed in other digital channels outside of merchants' online shopping sites, for example, via social media. The great promise of contextual commerce emerges from the power of data, especially data delivered by devices like smartphones and wearables that capture consumers' behavior when exploring in both digital and physical spaces. "Contextual commerce" aims to help connect merchants and consumers in both of these spaces, presenting purchase options at the very moment of discovery. Tightening the relationship between discovery and purchase holds previously unimagined potential for merchants to find new prospective customers, target them with the right me...