Observed Signal · Aug 18, 2023 · Research Report Release · Source: CMSWire · Impact: 3/5 · Sentiment: Neutral

Salesforce Report: Social Commerce and Generative AI Reshape Retail CX

Executive Signal Summary

Salesforce released the fifth edition of its Connected Shoppers Report, based on surveys of 2,400 shoppers and 1,125 retail decision-makers worldwide. The report highlights the rapid rise of social commerce, with 59% of shoppers now purchasing via social media (up from 15% in 2021) and a 227% increase in messaging-app purchases. Generative AI is gaining traction: 17% of shoppers use it for product inspiration, while 92% of retailers are boosting AI investments and 59% use it to support store associates. Personalization efforts are doubling, with 57% of retailers leveraging customer data (up from 32% in 2021). Customer service remains critical: 94% of shoppers are more likely to repurchase after positive experiences, while 74% would abandon a brand after three or fewer negative ones. Loyalty programs influence 58% of shoppers, though average membership has declined 21% since 2021.

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High Confidence

Salesforce's Connected Shoppers Report provides key data on social commerce adoption and generative AI in retail, but it is a research publication rather than a platform change. Relevant for retail media and CX strategies.

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Key Takeaways & Evidence Grounding

  • Salesforce published its fifth Connected Shoppers Report on Aug 18, 2023, surveying 2,400 shoppers and 1,125 retail decision-makers.
  • 59% of shoppers now purchase on social media, up from 15% in 2021.
  • 17% of shoppers use generative AI for product inspiration; 92% of retailers are increasing AI investments.
  • Personalization via customer data jumped from 32% in 2021 to 57% in 2023.
  • 94% of shoppers are more likely to repurchase after excellent customer service, but 74% would abandon a brand after three or fewer poor experiences.

Connected Companies & Entities

1 Entity mapped

“Salesforce released today the fifth edition of its Connected Shoppers Report, interviewing 2,400 shoppers and 1,125 retail industry decision...”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CMSWire•Published: Aug 18, 2023
Original Coverage Title: “Retail Reinvented: The Path to Consistent and Personalized Customer Experiences”

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