10 Storytelling Statistics: A Must-Know For Marketers in 2024
Storytelling is a powerful tool that engages audiences, boosts brand connection, and enhances marketing strategies.
But just how effective is storytelling in influencing consumer behavior?
With that in mind, we’ll cover insightful storytelling statistics that reveal its impact on conversions and customer loyalty.
Storytelling Statistics For Marketers: Key Numbers
- Storytelling can boost conversions by a whopping 30%.
- Storytelling increases the value of products by up to 2,706%.
- Branded stories result in a 4% increase in trust and brand connection.
- 68% of consumers say brand stories influence their purchasing decisions.
- Companies with compelling brand stories see a 20% increase in customer loyalty.
- Stories are up to 22 times more memorable than facts alone.
- 62% of B2B marketers consider storytelling to be an effective content marketing tactic. tactic.
- 55% of people say they would consider purchasing from a brand after reading a compelling story.
- 92% of consumers want brands to create ads that feel like stories.
- 75% of customers believe that brands should use storytelling in their marketing.
Are you interested in going diving into marketing? Then we would recommend you check out our marketing-related resource statistics.
Sources:
- Seven tips to optimize page speed in 2023. | Search Engine Watch
- The Power of Storytelling to Increase ROI | Sproutworth
- Brand Storytelling in 2024: The Latest Statistics and Trends | The Brand Shop
- Harnessing the Power of Stories | VMware Women’s Leadership Innovation Lab
- How To Utilise Storytelling In Digital Marketing | DSM
- The Importance of Brand Storytelling | Raine Digital
- The Best Storytelling Statistics And Trends | GO-Globe