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Some users on TikTok are seeing a new ‘Shop’ tab in the app on the main screen, next to the ‘Following’ and ‘For You’ tabs.

 


Earlier, TikTok was testing another new feed called ‘Nearby,’ where users could discover local content. While the tab hasn’t officially made its way into the app as of yet, it seems like TikTok has begun experimenting with a new eCommerce element simultaneously. Via the Shop feed, users will be able to connect to the TikTok Shop display, directly.

A New ‘Shop’ Tab has been Spotted on TikTok



Marketplace has been one of Meta’s most useful eCommerce incorporations, providing a space for customers to discover and connect with reliable local sellers to purchase from. The platform has been recently updated with a new feature that allows sellers to record and upload videos in their listings.

 

Up until now, sellers were only able to add photos to their product listings. Explaining how videos can help enhance a business’ presence on Marketplace, Meta says that videos “can give you 360-degree views of an item, greater proof that the item a seller has listed is what they say it is, and that they actually have the item on hand making the buying process smoother and safer.”

Sellers on Facebook’s Marketplace can Now Add Videos to their Product Listings

The Unstoppable Rise of Black Friday goes down due to Covid-19


The term “Black Friday” is used to refer to the day after Thanksgiving Day in the United States. It first became widely known in the 1980’s. This term was originally created by the police as they associated the chaotic atmosphere especially traffic congestions with the unofficial start of the Christmas shopping season. Black Friday has regularly been the busiest shopping day of the year since the early 2000s. This is so because many retailers started offering exceptional discounts and opening up their stores earlier in the morning to entertain as many consumers as possible.

 

The Unstoppable Rise of Black Friday goes down due to Covid-19 #Infographic



In an effort to promote eCommerce activities on its platform, TikTok is gradually rolling out its latest in-app shopping tools to users around the world. Among these, the company recently launched a ‘Shops’ functionality in the US.

 




Shops isn’t all that new to TikTok, as it’s already been available to users in the UK and Southeast Asia for about a year now. The tool is added in the app in form of separate tab where users can discover products and make purchases directly.

TikTok’s ‘Shops’ Functionality is Now Available in US

Every Company Amazon Owns

Amazon is undoubtedly one of the most well-known and influential companies globally, and this new infographic from the team at SMB Compass shows a list of everything Amazon owns. It's quite a long list that includes notable companies like MGM Holdings, Whole Foods, Zappos, Ring and Twitch. However, the most costly acquisition ever for Amazon came in 2017, when the company acquired popular supermarket chain Whole Foods for $13.7 billion. Other high-priced acquisitions for Amazon over the years include MGM Holdings ($8.4 billion in 2017), Zappos ($1.2 billion in 2009), Ring ($839 million in 2018), Kiva Systems ($775 million in 2012) and Twitch Interactive ($970 million in 2014).

Every Company Amazon Owns #Infographic



It has been three years since Instagram launched its @shop account, where it has featured numerous small businesses. The company is now opening its first ever physical retail pop-up store in NYC, where it is showcasing some of the most popular home, beauty, and lifestyle products featured in its @shop listings. The shop will also feature other exclusive items.

 

The pop-up shops initiative is a part of Meta’s larger effort to promote eCommerce, and Instagram is a key app for this matter, with 70% of users turning to it for product discovery, and 87% of people claiming that influencers on the platform have inspired them to make a purchase or book a trip.

Instagram to Open a Retail Pop-Up Store in NYC Featuring Products from its @Shop Listings



To help businesses enhance their eCommerce practices on Google, the tech giant is introducing some new tools for brands, including a new ratings program called the Shopping Experience Scorecard  Program and additional insights into key product trends.

 

The new shopping experience rating program has been designed to provide customers with insight into the performance of each brand, based on past activity. For instance, brands that receive high ratings based on good services would receive a ‘Trusted Store’ badge by Google, hence highlighting their potential to customers. The badge would appear next to the seller’s free product listings on the Shopping tab.



Google explained how the program would decide to offer badges to the sellers: the program will track different elements of service provided by the sellers, including shipping speed, shipping cost, return cost, and return window. Then, each element would be rated individually, ranging between “Excellent”, “Comparable”, or “Opportunity.”

 

Moreover, the performances of the brands will be monitored constantly, so as to provide accurate and updated insights to customers.  

Google’s Latest eCommerce Tools Include a Shopping Experience Rating Program and New Insight Tools for Merchants

 

Twitter is expanding its eCommerce approach, with the addition of options like product listings and a newly released feature called Twitter Shops. This feature has been designed to help users view all the products listed by a business via Twitter.

 

Through Twitter Shops, brands will be able to handpick a collection of up to 50 products to showcase to customers on Twitter. Similarly, customers will be able to browse products from their favourite brands directly on Twitter.

 

Twitter Launches a Test of its New Business Tool ‘Twitter Shops’

 


In celebration of Valentine’s Day, Instagram launched a special livestream shopping event, hosted by Instagram influencer Paige DeSorbo, who has 658k followers in the app. DeSorbo is also a host of weekly fashion streams on Amazon Live, which makes her an experienced personality to help maximize Instagram’s eCommerce push on Valentine’s Day.

 

Other known personalities that have joined DeSorbo in the livestream include Celebrity stylist and reality star Brad Goreski with 787k followers, Makeup artist Kelli Anne with 128k followers, Reality stars Uche Nwosu and Clinton Moxam with 247k and 409k followers, respectively.

 

Instagram Launches Valentine’s Day Special Livestream Shopping Event

 


Snapchat has updated its AR tools with yet another eCommerce related feature called Catalog-Powered Shopping Lenses. This is offering a variety of virtual try-on options for users and simultaneously facilitating brands to showcase their products within a single Lens on the app. Each item displayed in the Lens will also provide you details about the product, including its price.

 


These Catalog Lenses will be directly linked to brands’ product catalogs, so you may check out other similar products offered by the companies. At the same time, Snapchat will be able to deliver direct, product-aligned feedback to brands, in real-time.

 

This eCommerce and AR collaboration by Snapchat will also give valuable insights to the company in terms of what products its users are interested in engaging with. The data will also help it improve its ad target systems as well as the performance of its campaigns.

 


Snapchat has also updated its Lens Web Builder tool with new templates and tools to streamline the process of creating shopping AR Lenses for brands. For example, brands can build AR experiences by using pre-made functions, while users point and click their way through the Lens creation process.

Snapchat Simplifies its AR Tools with the New Catalog-Powered Shopping Lenses

Online shopping and safety risks

Online shopping has become a huge trend where billions of people shop online through various websites over the internet. Even if the buyers take a rest for a few weeks, the brand comes up with massive sale campaigns that attract the buyers incredibly. Buying was never this convenient until the discovery of eCommerce.

Are you also a regular online purchaser? You must be overwhelmed with the sales offered frequently by your favorite brands, right? Currently, most of the brands worldwide are offering Black Friday sales where people get magnificent discounts on items that they couldn’t buy at their original price.

This is where people forget everything and rather than visiting the stores, head to the online websites to get their hands on their favorite items before the stock runs out. But, what they forget is the risk of entering too many websites without keeping in mind their data collection trends.

Online shopping and safety risks #infographic

Initial Test of Live-Stream Shopping Broadcasts launched by Twitter

In order to maximize the eCommerce activity through the engagement and immediacy of the broadcast by retailers, the live-stream shopping feature has already been rolled out by several social media platforms including YouTube, Instagram, Facebook, Pinterest, and TikTok. Now, another social media giant Twitter has also made a leap and launched the initial test of live-stream shopping.

However, the variation of live-stream shopping launched by Twitter will have all the products displayed right below the video. However, the current shopping feature on the app allows the users to either visit the ‘Shop’ tab or will let the users tune into the live Tweet discussion happening related to the event.

As the company has explained,

“We are conducting our first test of Live Shopping in collaboration with Walmart, where they will be kicking off Cyber Week with singer, songwriter, dancer, and social media superstar Jason Derulo for the first-ever shoppable live stream on Twitter. Starting at 7pm ET on Sunday, November 28, people can watch and shop from @Walmart (on iOS and desktop), where Jason will host a 30-minute variety show highlighting electronics, home goods, apparel, seasonal décor, surprise special guests, and much more.”

Initial Test of Live-Stream Shopping Broadcasts launched by Twitter

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