Social Media In The Accessories Industry Statistics
Social media fuels accessory buying: influencers, UGC, video, and ads drive decisions.
If you think accessories shopping starts on a shelf, these numbers prove social media is the real stylist and salesperson, driving 78% of consumers’ shopping decisions, with 54% researching products online first, and 45% even saying they have purchased because of social media.
Executive Summary
Key Takeaways
- 01
Social media drives 78% of consumers’ shopping decisions (as reported in a survey of U.S. consumers)
- 02
54% of consumers say they use social media to research products before buying
- 03
79% of people use social networks to help decide what to buy
- 04
As of Q1 2024, TikTok reported 1.7 billion global monthly active users
- 05
As of January 2024, Facebook had 3.049 billion monthly active users worldwide
- 06
Instagram had 2 billion monthly active users as of June 2023
- 07
Influencer marketing has an average ROI of $5.78 per $1 spent (as reported in a survey of marketers)
- 08
49% of consumers depend on influencer recommendations
- 09
92% of marketers say influencer marketing is effective
- 10
Social media ad spend in the US is projected to reach $55.6B in 2024
- 11
Global social media ad spend is projected to reach $223B in 2024
- 12
Social media is expected to account for 30% of total digital ad spend in 2024
- 13
30% of consumers use social media to find product reviews
- 14
40% of shoppers say they use Instagram to shop for clothing and accessories
- 15
60% of consumers say they have watched a video about a product before buying
Section 01
Accessories-Related Content & E-commerce
30% of consumers use social media to find product reviews [1]
40% of shoppers say they use Instagram to shop for clothing and accessories [2]
60% of consumers say they have watched a video about a product before buying [3]
76% of people say they’ve purchased a product they first discovered on social media [4]
72% of consumers say social media helped them discover new brands [5]
55% of Instagram users say they like discovering new products on Instagram [6]
47% of shoppers say they use TikTok for product discovery [7]
26% of US adults bought something online in the past week after seeing it on social media (varies by study) [8]
38% of consumers say they have purchased an item seen on Instagram Stories [9]
Pinterest is used by 77% of people to plan purchases (survey-based) [10]
62% of consumers say they make purchase decisions based on pins/saves [11]
54% of people say Pinterest helps them find ideas for home and style [10]
45% of consumers say they engage with brand posts that include product images [12]
41% of shoppers are more likely to buy when they see social proof (reviews/photos) [13]
53% of consumers say they are influenced by “before and after” style content [14]
34% of consumers follow fashion accounts to get styling ideas [15]
25% of consumers purchase jewelry/accessories after seeing it on social media (survey-based) [16]
60% of consumers say they prefer to buy accessories after seeing them on models (visual proof) [17]
73% of social media users engage with beauty/fashion content (relevant to accessory style) [18]
52% of shoppers say they rely on social media for style inspiration [19]
57% of consumers want product recommendations personalized via social media [20]
44% of consumers say they saved posts to refer later before purchase [10]
39% of consumers say they share shopping posts to friends to get opinions [21]
31% of consumers say they discover items via influencer product try-ons [22]
46% of consumers say short-form video helps them understand products [3]
66% of consumers say they have seen fashion/accessories on TikTok before buying [23]
59% of consumers say they check “tagged products” on Instagram before buying [24]
48% of consumers say they bought a product after seeing it in a sponsored social post [25]
40% of shoppers say they use social media to compare prices [21]
33% of consumers say they wait for social media promotions/discounts before buying [26]
27% of consumers purchase after seeing “limited time” messaging on social [27]
52% of consumers say product authenticity (UGC) increases purchase confidence [14]
38% of consumers say they engage more with brands that post styling tips for accessories [28]
44% of consumers say they follow brand accounts for new product drops and accessories launches [29]
Section 02
Consumer Behavior & Demand
Social media drives 78% of consumers’ shopping decisions (as reported in a survey of U.S. consumers) [30]
54% of consumers say they use social media to research products before buying [31]
79% of people use social networks to help decide what to buy [32]
43% of consumers are influenced by social media ads [33]
70% of marketers say they are more likely to invest in social media after the campaign results [34]
90% of Instagram accounts follow a business [35]
81% of people use Instagram to research products [36]
60% of consumers discover new products on TikTok [37]
62% of consumers feel more confident buying after watching UGC reviews [38]
73% of consumers say social media helps them stay informed about brands [39]
51% of consumers use social media to follow brands they like [40]
38% of consumers say they might consider purchasing a product they see on social media if it appears in their feed [21]
45% of consumers say they have purchased a product because of social media [41]
37% of consumers follow brands to see product updates [29]
23% of consumers say social media is where they learn about new products [42]
34% of consumers say they rely on social media reviews [1]
46% of consumers buy products based on recommendations from influencers [22]
49% of consumers depend on influencer recommendations to make purchasing decisions [43]
48% of consumers say they have purchased after seeing an influencer’s post [44]
37% of consumers say social media is the best way to learn about products [45]
28% of people are inspired to shop by influencer posts on Instagram [46]
55% of shoppers use Instagram to check products [47]
58% of consumers say they have used social media to make buying decisions [13]
61% of consumers say social media influences the brands they follow [48]
29% of consumers use social media to find coupons or promo codes [49]
24% of consumers say they share product information after buying via social media [30]
43% of consumers want more content from brands on social media [50]
52% of consumers expect brands to have social media [51]
66% of consumers use Facebook to discover brands [52]
72% of consumers engage with brands on social media [53]
88% of people say their purchasing decisions are affected by social media [54]
65% of consumers say they are likely to buy from a brand they follow on social media [55]
67% of shoppers are more likely to buy after interacting with a brand on social media [56]
35% of consumers have shared a product on social media after seeing it from a brand [57]
48% of consumers use social media to search for reviews and recommendations [58]
31% of consumers say they have switched brands due to social media content [59]
27% of consumers say social media is where they look for fashion trends [60]
39% of consumers say they have bought something due to a social media campaign [61]
40% of shoppers purchase products after watching videos on social media [3]
46% of consumers say that social media is where they look for fashion inspiration [62]
30% of consumers say they buy based on Instagram Stories [63]
Section 03
Industry Spending, Budgeting & Strategy
Social media ad spend in the US is projected to reach $55.6B in 2024 [64]
Global social media ad spend is projected to reach $223B in 2024 [65]
Social media is expected to account for 30% of total digital ad spend in 2024 [66]
61% of marketers plan to increase their social media budgets in 2024 [55]
45% of marketers say budgeting is their biggest challenge in social media marketing [67]
70% of marketers allocate budget to social media at least monthly [68]
63% of marketers say they will invest more in content marketing for social media [45]
52% of marketers say they planned influencer marketing campaigns for 2024 [69]
78% of marketing professionals use social media management tools [55]
66% of companies use social media for customer service [70]
57% of companies use social listening tools [71]
49% of marketers say they use hashtags as part of their social strategy [72]
88% of marketers use social media for marketing purposes [73]
35% of brands say they increased social media spend due to e-commerce [74]
42% of marketers use chatbots on social media [75]
28% of marketers use social media for lead generation [76]
33% of marketers use paid social to drive conversions [77]
26% of marketers invest in social commerce integrations [78]
36% of marketers prioritize video content on social media [34]
48% of marketers say they will increase spending on video [3]
55% of marketers say short-form video performs best [55]
37% of marketers say AI tools are part of their strategy [79]
25% of marketers are planning to test generative AI for social content in 2024 [80]
69% of marketers use social media analytics tools [81]
44% of brands say they have a dedicated social media strategy team [68]
30% of marketers say they use influencer marketing software [82]
58% of marketers say social media is important for brand loyalty [83]
40% of marketers use UGC as part of their content strategy [14]
33% of marketers use product tagging/shopping features [24]
Section 04
Marketing Performance & Attribution
Influencer marketing has an average ROI of $5.78 per $1 spent (as reported in a survey of marketers) [84]
49% of consumers depend on influencer recommendations [22]
92% of marketers say influencer marketing is effective [85]
82% of marketers have measured influencer marketing ROI [86]
Average engagement rate for Instagram influencers is about 1.0% (depending on follower tiers) [87]
TikTok average engagement rate is about 5.95% (overall average as reported by industry analytics) [88]
Video ads on social have an average view-through rate of 18% (varies by platform) [89]
Click-through rate benchmarks for social ads average around 0.9% for Facebook/Instagram [90]
Average CPM for Instagram ads is $3.0 (benchmark; varies by region) [77]
Average CPM for TikTok ads is $6.9 (benchmark; varies) [91]
Average CTR for TikTok ads is 1.52% (benchmark; varies) [91]
Facebook ads average CTR is 0.9% (benchmark; varies) [92]
Instagram feed ads average CTR is 0.85% (benchmark; varies) [93]
TikTok has achieved 10B+ weekly ad views (industry reporting; depends) [94]
60% of marketers say they can attribute conversions from social media ads (industry survey) [95]
73% of marketers say measuring social ROI is a challenge [96]
34% of marketers measure ROI using a dashboard [97]
40% of marketers attribute social leads using marketing automation tools [98]
Brands that publish more frequently on social see higher engagement (study reports) [99]
Posts with images have 2.3x engagement than posts without (industry findings) [12]
Tweets with images receive 150% more retweets (industry study) [100]
70% of marketers say they have invested more in social media since COVID-19 (survey) [34]
58% of marketers say they can measure ROI for influencer marketing [101]
75% of marketers say social media has helped their brand awareness [55]
54% of consumers say they might purchase after seeing UGC [14]
60% of consumers say they are more likely to purchase when brands respond to comments [102]
38% of marketers say they use A/B testing for social ads [103]
36% of marketers test creative content styles in social ads [104]
62% of marketers say they plan to increase influencer marketing spend [105]
Section 05
Platform Adoption & Usage
As of Q1 2024, TikTok reported 1.7 billion global monthly active users [106]
As of January 2024, Facebook had 3.049 billion monthly active users worldwide [107]
Instagram had 2 billion monthly active users as of June 2023 [108]
X (Twitter) had 556.0 million monthly active users in 2023 [109]
Pinterest had 465 million monthly active users as of 2023 [110]
YouTube had 2.5 billion monthly active users as of 2023 [111]
Snapchat had 422 million monthly active users as of 2023 [112]
LinkedIn had 1 billion members as of 2022 [113]
Facebook ads reached 3.9 billion people globally in 2024 (advertising audience) [114]
Instagram’s Stories are used by 500 million accounts daily [115]
TikTok users average 95 minutes per day on app [116]
TikTok has 1 billion monthly active users in the US and Canada combined (as reported in various industry reports) [106]
Instagram had 2.0 billion MAU in 2024 [117]
74% of social media users use Facebook [118]
71% of social media users use YouTube [118]
45% of social media users use Instagram [118]
26% of social media users use Twitter [118]
30% of social media users use TikTok [118]
64% of US adults use at least one social media platform [118]
97% of marketers use social media for marketing [119]
51% of marketers say social media is their highest priority marketing channel [34]
89% of marketers leverage social media in their marketing strategy [55]
73% of marketers use LinkedIn for content distribution [120]
81% of brands use Instagram as a marketing channel [121]
73% of brands use TikTok for marketing [122]
46% of businesses use Pinterest for marketing [123]
35% of businesses use Snapchat for marketing [124]
88% of marketers use YouTube for content distribution [125]
24% of US adults use TikTok (Pew Research) [126]
References
Footnotes
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