BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS COMMUNICATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What percentage of customers rely on social media to influence their purchasing decisions?
A
80%
B
74%
C
62%
D
42%
Explanation: 

Detailed explanation-1: -Studies have shown that almost 74% of consumers rely on social media for their purchasing decisions. A HubSpot report shows 71% of consumers are more likely to make purchases based on social media referrals.

Detailed explanation-2: -Astonishing 74% of All Buying Decisions Made by Consumers Are Influenced by Social Networks. Each season has holidays that make people increase their spendings, and majority of consumers rely on the Internet for suggesting gift and shopping ideas.

Detailed explanation-3: -The Statistics An ODM Group study found that 74% of consumers rely on social networks to help with their purchasing decisions. Other studies have backed this up. According to a Hubspot report, 71% of consumers are more likely to make purchases based on social media referrals.

Detailed explanation-4: -According to Hubspot, 71% of consumers are more likely to make a purchase based on a social media reference.

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