Live From Reddit HQ at Cannes: Unveiling Our Latest Research on Search and Shifts in Consumer Purchase Behavior (2024)

Live from Reddit’s two-story HQ on the Croisette at Cannes, we today unveiled our latest research into changing search behaviors via a panel discussion with industry experts. Moderated by our very own Director of Global Insights, Rob Gaige, and featuring our Global Head of Marketing Science, Ryan Brendle, alongside peers from Brandwatch, Kraft Heinz and EMARKETER, the conversation centered on how online communities have become a go-to source for trustworthy product recommendations and advice, especially for Gen Z. The panel comes as we launch research across two special reports: The Fractured Search Journey and the End of the Hype Cycle, conducted in partnership with Brandwatch, and From Search to Research: How Search Marketers can keep up with Gen Z, conducted in partnership with Global Web Index (GWI) and Ambassco.

Live From Reddit HQ at Cannes: Unveiling Our Latest Research on Search and Shifts in Consumer Purchase Behavior (1)

How Gen Z is shifting search

The increase in AI, bots, and paid influencers is making it hard for people to tell what is real and what is manufactured hype. Our latest research shows that this is especially true of Gen Z, half of whom say social media platforms have fake reviews (1). Gen Z’s use of social media as a method of discovering brands has increased by 36% since 2018 (2), but there’s been a clear erosion of trust and an increase in cynicism during that time. Gen Z often feels the need to validate what they see and hear elsewhere as they don’t trust what they are able to find.

Our research found:

- Young Shoppers don't seek out brands, brands come to them: Gen Z are 2x more likely to prefer clothing suggestions over searching (3)

- Gen Z is turning to online communities to validate what they discover on other platforms, unable to trust what comes to them: when searching for products/brands, 29% of social media users say social platforms have fake reviews, 30% say social platforms have biased reviews, and 24% say social platforms lack quality posters/commenters. For Gen Z, it's even higher: 47%, 49%, and 36% respectively (4).

- This is leading to cynicism of the algorithm and exhaustion from the endless cycle of hype: 74% of consumers agree that algorithms can make anything go viral (5).

“Gen Z is leading a revolution in search, where they are no longer simply searching for products but are also seeking validation of the claims they’re seeing across their social feeds,” said Reddit’s Director of Global Insights, Rob Gaige.” It turns out that algorithms might be great at surfacing a product they want, but it takes human influence to convince them to actually buy it. For brands seeking to be top of mind at this important part of the purchase journey, online communities are proving to be the place for them to show up.”

Reddit’s role in the evolution of search

Unlike traditional social media where hype peaks and trends are fleeting, topics and interests on Reddit have staying power. They continue to live on via experts and passionate enthusiasts vs coming on strong and then dying out. As a result, people turn to Reddit to verify if trending products are even worth their time and money. The data shows that people have talked about brands and products on Reddit more than anywhere else online over the last six months (6), and that seeking opinions from communities is the main reason people use Reddit for product research (7). Reddit’s highly informed users, nuanced opinions, advice, and features like upvoting and downvoting drive consensus and trust. Communities organically serve up real, human validation on the best and most recommended products, which drives trust among consumers, and ultimately confident purchase decisions.

Our research found:

- On Reddit, content doesn’t have to be viral in order to be influential - Reddit community endorsem*nts are the antidote to the hype: More people talked about brands and products on Reddit than anywhere else on the internet in the past six months. (8)

- Reddit is the #1 platform to discuss purchasing products: 51% of purchase-related conversations on the internet happen on Reddit. (9)

- Reddit is trusted: Reddit is the fourth most trusted for product research (78%), only behind family/friends (88%) at #1, Review websites (86%) at #2, and Store Employees (83%) at #3, but above Google and all other social platforms. Among Gen Z, we rise to 3rd, moving ahead of Store Employees (10).

- The #1 reason people use Reddit for product research is to seek opinions from others (11).

“Hype cycles come and go, but communities are always-on," said EMARKETER Principal Analyst, Jasmine Enberg. “Loyal fans can be a brand’s best influencers, particularly as user-generated content and reviews, as well as social search, play a bigger role in the consumer purchase journey.”

The Beyond the spike: How Reddit’s always-on communities are the antidote to hype panel at Reddit Cannes HQ featured Kraft Heinz’s North American Executive Creative Director, Simon Au, EMARKETER Principal Analyst, Jasmine Enberg, Brandwatch’s Global Executive Director of Social Networks, Meaghan Nelson, Reddit’s Global Head of Marketing Science, Ryan Brendle and Reddit’s Director of Global Insights, Rob Gaige. Reddit’s latest research is now live and the full reports can be accessed here.

Reddit’s Cannes HQ is located at the Intersection of Prom. Robert Favre le Bret and Rue Buttura, and open from Monday, June 17 to Thursday, June 20, from 9:00 am - 6:00 pm (CEST) for scheduled meetings. For all Cannes Lions badge holders, we are open from Monday, June 17 - Thursday, June 20, 12:00 PM - 3:00 PM (CEST) daily as well as Friday, June 21 from 10:00 AM - 2:00 PM. Guests are strongly encouraged to RSVP via our website here.

For press inquiries, please reach out to press@reddit.com.

To set up a meeting with our sales team, please reach out to reddit-events@reddit.com.

  1. GlobalWebIndex & Reddit Custom Survey, US, UK, DE Data, 2024

  2. GlobalWebIndex: North America: USA, Canada; Europe: Greece, Netherlands, Belgium, France, Spain, Portugal, Ireland, Finland, Bulgaria, Hungary, Lithuania, Estonia, Croatia, Italy, Romania, Switzerland, Czech Republic, Austria, UK, Denmark, Sweden, Norway, Poland, Germany, Russia, Turkey Data, 2018 vs. 2023.

  3. GWI Zeitgeist, U.S., CA, UK, IT, DE, FR, 2023.

  4. GlobalWebIndex & Reddit Custom Survey, US, UK, DE Data, 2024.

  5. Reddit Custom Survey (2024)

  6. Brandwatch, Global, Oct 2023 - Mar 2024

  7. GlobalWebIndex & Reddit Custom Survey, US, UK, DE Data, 2024.

  8. Brandwatch, Global Data, Oct 2023-May 2024

  9. Brandwatch, Global, Oct 2023 - Mar 2024

  10. GWI & Reddit Custom Survey “Search Behaviors”, U.S., UK, DE Data, 2024.

  11. GWI & Reddit Custom Survey "Search Behaviors", US, UK, DE Data, 2024.

Live From Reddit HQ at Cannes: Unveiling Our Latest Research on Search and Shifts in Consumer Purchase Behavior (2024)

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