Impulse Spending Survey
A new survey by Bankrate reveals that social media users have spent $71 billion on impulse purchases in the last year. Other findings:
- 48% of social media users have impulsively bought a product seen on social media
- Americans spend $754 a year impulsively buying products they see on social media
- 57% of those who made impulse purchases regretted at least one of them
- 20% of people feel negatively about their finances because of social media