{"id":619630,"date":"2023-03-19T09:49:08","date_gmt":"2023-03-19T14:49:08","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/19\/tiktokmademebuyit-the-future-of-social-commerce\/"},"modified":"2023-03-19T09:49:08","modified_gmt":"2023-03-19T14:49:08","slug":"tiktokmademebuyit-the-future-of-social-commerce","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/19\/tiktokmademebuyit-the-future-of-social-commerce\/","title":{"rendered":"#TikTokMadeMeBuyIt: The future of social commerce"},"content":{"rendered":"<div>\n<section>\n<p><time title=\"2023-03-18T17:10:00+00:00\" datetime=\"2023-03-18T17:10:00+00:00\">March 18, 2023 10:10 AM<\/time>\n\t\t\t<\/p>\n<\/section>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/venturebeat.com\/wp-content\/uploads\/2022\/03\/GettyImages-1256442767.jpg?fit=750%2C500&#038;strip=all\" alt=\"Smiling young Asian woman using smartphone on social media network application while having meal in the restaurant, viewing or giving likes, love, comment, friends and pages. Social media addiction concept\"><\/p>\n<div>\n<p><span>Smiling young Asian woman using smartphone on social media network application while having meal in the restaurant, viewing or giving likes, love, comment, friends and pages. Social media addiction concept<\/span><\/p>\n<\/div><\/div>\n<\/p><\/div>\n<div id=\"primary\" role=\"main\">\n<article id=\"post-2845252\">\n<div>\n<div id=\"boilerplate_2682874\">\n<p><em>Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for success<\/em>. <em><a href=\"https:\/\/avolio.swapcard.com\/Transform2023\/registrations\/Start?utm_source=vb&#038;utm_medium=boiler&#038;utm_content=landingpage&#038;utm_campaign=T23_BoilerPlates\">Learn More<\/a><\/em><\/p>\n<hr>\n<\/div>\n<p>Driven by Gen Z and millennials, <a href=\"https:\/\/venturebeat.com\/virtual\/5-ways-to-use-social-commerce-to-maximize-sales-and-brand-impact\/\">social commerce<\/a> is predicted to grow three times faster than traditional eCommerce, to a projected <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-04\/shopping-on-social-media-seen-hitting-1-2-trillion-by-2025#:~:text=Social%20commerce%2C%20defined%20as%20transactions,company%20said%20in%20the%20report.\" target=\"_blank\" rel=\"noreferrer noopener\">$1.2 trillion<\/a> by 2025. <\/p>\n<p>This is no surprise to experts. The viral hashtag and phenomenon #TikTokMadeMeBuyIt has 28.6 billion views, including ads, influencer content and reviews. This engagement has skyrocketed brands like CeraVe, The Pink Stuff, and e.l.f. Cosmetics and created complete sellouts of items like the Revlon one-step hair dryer and the Lululemon belt bag.<\/p>\n<p>Brands have scrambled to get in front of new social platforms like <a href=\"https:\/\/bere.al\/en\" target=\"_blank\" rel=\"noreferrer noopener\">BeReal<\/a>, \u201ca photo-sharing app that allows users to post one photo per day to show their followers what they are doing in real-time,\u201d primarily used by Gen Z. For example, Chipotle has experimented by sharing coupon codes, and e.l.f. Cosmetics used BeReal to show their offices\u2019 \u201cinside\u201d look.<\/p>\n<p>In short, social commerce is no longer a suggestion but a critical element of <a href=\"https:\/\/venturebeat.com\/datadecisionmakers\/strategies-for-the-ecommerce-metaverse-journey\/\">eCommerce<\/a> sales planning. An excellent social program can make or break a brand\u2019s image or engagement; there\u2019s a difference between doing it and doing it right.<\/p>\n<p><html><body><\/p>\n<div id=\"boilerplate_2803147\">\n<h3>Event<\/h3>\n<div>\n<p><span>Transform 2023<\/span><\/p>\n<div id=\"gm0a52976\">\n<p>Join us in San Francisco on July 11-12, where top executives will share how they have integrated and optimized AI investments for success and avoided common pitfalls.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/avolio.swapcard.com\/Transform2023\/registrations\/Start?utm_source=vb&#038;utm_medium=incontent&#038;utm_content=landingpage&#038;utm_campaign=T23_incontent\"><br \/>\n                Register Now            <\/a>\n                        <\/p>\n<\/div>\n<p><\/body><\/p>\n<p>Here are three best practices for your social commerce strategy. <\/p>\n<h2 id=\"h-know-your-audience-and-engage\">Know your audience and engage<\/h2>\n<p>Use the power of data to figure out who your audience is. By knowing your audience (gender, age, location, preferences), you can create content that will not only catch their eye but drive sales.<\/p>\n<p>You may know your audience, but your work isn\u2019t done yet. You must keep your eye on the trends, influencers and popular culture. For example, the social media rebrand of singer Harry Styles\u2019 beauty company Pleasing has gained attention because it targets Gen Z consumers and pivoted to more \u201cgenuine\u201d and trend-based content. Users suspect that viral TikTok influencer (and friend of Meghan Trainor) Chris Olsen is running the brand\u2019s page, further driving more engagement.<\/p>\n<p>This example explains the importance of not only knowing your audience, but properly engaging with them to continue driving loyalty and awareness. Messaging tools allow a brand to engage with consumer concerns, feedback and reviews. <\/p>\n<p>Quick, clever, humorous, or exciting replies show the consumer that the business is present and focused on the <a href=\"https:\/\/venturebeat.com\/data-infrastructure\/this-week-in-data-first-know-your-customer\/\" target=\"_blank\" rel=\"noreferrer noopener\">customer experience<\/a>. Additionally, social media can be an excellent way to provide customer service for concerns or issues. Being quick to respond to resolve can bring a customer back to your brand.<\/p>\n<h2 id=\"h-stay-current-with-new-features\">Stay current with new features<\/h2>\n<p>Social media constantly updates and releases new features to adapt to user behaviors and desires. Instagram updated to focus on more video content with Reels. Facebook adjusted shopping functionality. TikTok has changed video length to allow for long-form content and took over YouTube\u2019s sponsorship of <a href=\"https:\/\/www.vidcon.com\/anaheim\/\" target=\"_blank\" rel=\"noreferrer noopener\">VidCon<\/a> this year. This is how these apps stay popular. So, your social presence and commerce should follow suit by embracing change.<\/p>\n<p>Shop-the-look and visual discovery are good examples of new technologies that can drive customers to your website. With visual discovery, customers can see new ideas, which complements Instagram\u2019s 2022 swipe-up feature for brands to inspire and convert sales. Testing which features work best for your brand can drive customers to your eCommerce site and increase your brand\u2019s presence.<\/p>\n<h2 id=\"h-offer-quality-content\">Offer quality content<\/h2>\n<p>The secret sauce to the perfect content can be surprising. On paper, it sounds easy \u2014 good product, high-resolution shoot and voila! Realistically, it\u2019s the content that needs to provide value to the customer and encourage a clickthrough to your site or product.<\/p>\n<p>Successful content varies for different brands. For example, the language learning app Duolingo has increased brand awareness by including its mascot in short-form trending videos and collaborating with other famous (and surprising) brands like Scrub Daddy. <\/p>\n<p>They brought the follower count from 500,000 to 2 million in less than six months. Other brands focus on storytelling and connecting with customers emotionally. Ulta openly supports social issues like trans rights, proudly sponsoring influencer Dylan Mulvaney. This led to an outpouring of brand loyalty, where users have declared that they will exclusively be shopping at Ulta this past holiday season.<\/p>\n<p><a href=\"https:\/\/venturebeat.com\/virtual\/5-ways-to-use-social-commerce-to-maximize-sales-and-brand-impact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Social commerce<\/a> is also an excellent way to create quality content that shows your customers how to use, style or experience your products. A 2021 Nielsen study stated that people find advertising on TikTok more fun, real, honest, trustworthy and authentic. The study also discovered that 60% of users feel a sense of community on TikTok. <\/p>\n<p>By partnering with influencers, you can make content feel more genuine and foster interest in clicking through. Social commerce is an indispensable addition to any marketing strategy. It can increase sales, drive traffic, improve brand image and increase customer engagement. Opening your brand to current and new audiences and trends can help to completely transform your business. <\/p>\n<p><em>Zohar Gilad is cofounder and CEO of <a href=\"http:\/\/blank\" target=\"_blank\" rel=\"noreferrer noopener\">Fast Simon<\/a><\/em>. <\/p>\n<div id=\"boilerplate_2736392\">\n<h3 id=\"h-datadecisionmakers\">DataDecisionMakers<\/h3>\n<p>Welcome to the VentureBeat community!<\/p>\n<p>DataDecisionMakers is where experts, including the technical people doing data work, can share data-related insights and innovation.<\/p>\n<p>If you want to read about cutting-edge ideas and up-to-date information, best practices, and the future of data and data tech, join us at DataDecisionMakers.<\/p>\n<p>You might even consider\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/venturebeat.com\/contribute-to-datadecisionmakers\/\">contributing an article<\/a>\u00a0of your own!<\/p>\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/venturebeat.com\/category\/DataDecisionMakers\/\" target=\"_blank\">Read More From DataDecisionMakers<\/a><\/p>\n<\/div>\n<p>\t\t\t\t<\/html><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/venturebeat.com\/enterprise-analytics\/tiktokmademebuyit-the-future-of-social-commerce\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Zohar Gilad, Fast Simon, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 18, 2023 10:10 AM Smiling young Asian woman using smartphone on social media network application while having meal in the restaurant, viewing or giving likes, love, comment, friends and pages. Social media addiction concept Join top executives in San Francisco on July 11-12, to hear how leaders are integrating and optimizing AI investments for<\/p>\n","protected":false},"author":1,"featured_media":619631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[809,46,120497],"tags":[],"class_list":{"0":"post-619630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-future","8":"category-technology","9":"category-tiktokmademebuyit"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/619630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=619630"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/619630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/619631"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=619630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=619630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=619630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}