Independent Retailer

FEBRUARY 15, 2022

Social commerce is a subset of ecommerce, and harnesses the purchasing power of young customers on innovative new retail platforms. In 2021, social commerce sales increased by over 35 percent, totaling a spend of over $36 billion, still only 10 percent of what the Chinese market will spend. . trillion in 2022.

Social Commerce 98

Social Commerce Payment Services Marketing Fulfillment 98

Retail TouchPoints

AUGUST 1, 2022

“It’s interesting that TikTok has allowed a ‘capital C’ corporation to be involved, but I think it stems from the fact that Barnes & Noble was the very first retailer to identify that #BookTok was a driving factor in book sales ,” said Jessica Brigman, Senior Account Executive at The Walt Disney Co. ’s Merchandising the #BookTok Movement.

Social Commerce 278

Social Commerce Accounting Marketing Consumer 278

Retail TouchPoints

DECEMBER 2, 2020

A 2016 survey found that nearly 80% of impulse buys happen in-store. Social commerce plays a vital role in impulse buys because marketers can customize their messages and meet customers at the right time. Targeting consumers on social networking sites works. How much of that happens in-store versus online is hard to say.

Social Commerce 259

Social Commerce Checkout Payment Services Consumer 259

Inside Retail

MAY 29, 2022

Online marketplaces such as Lazada, Shopee, Tiki and Tokopedia dominate the e-commerce market in Southeast Asia, accounting for 65-75 per cent of the e-commerce Gross Merchandise Value (GMV) in Indonesia, Malaysia and Singapore, and 35-50 per cent of GMV in Thailand, Vietnam and the Philippines, Google’s e-Conomy SEA 2021 shows.

Social Commerce 130

Social Commerce Consumer Shopping Grocer 130

Inside Retail

JUNE 3, 2024

Asos said its first order came within 30 minutes of launching, and new shoppers account for 57 per cent of those buying its products via TikTok Shop. Madrid-based Carmen Muley started out hosting AliExpress’ first live stream in China in 2016 and now advises brands on live shopping strategy through her company Paragon Social Commerce.

Shopping 130

Shopping Fashion Fast Fashion Social Commerce 130

Small Biz Trends

JULY 8, 2021

The retail industry in the US accounts for 18.7 % of total gross domestic product (GDP). Following data from SCORE research prove the point: Small retailers account for 98.6% per year on average between 2016-2021. between 2016-2021. These occupations account for 6.3% If you have ever wondered how much of the U.S.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Indigo 9 Digital

MAY 6, 2022

billion annual active customers last year while JD.com had 552 million active accounts in the year ended September 2021. China has the largest market for social commerce. Social commerce, which is eCommerce sales that are made on a social media platform, is a big business in China. Alibaba has a 47.1%

Merchant Services 52

Merchant Services Marketing Payment Services Social Commerce 52