Singles Day sales to get tremendous lift from livestream events, as U.S. retailers play catch-up
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Singles Day sales to get tremendous lift from livestream events, as U.S. retailers play catch-up
Douyin Livestream Emerges As The New Capital For DTC Brands. Inside Douyin livestreaming: The difference between social commerce and traditional e-commerce is that social commerce is largely developed around social content, instead of the product. Douyin boasts 600 million daily active users with strong purchasing power. Douyin livestream e-commerc... See more
Azoya • Selling DTC in China via Cross-Border E-Commerce 2022
-Livestream commerce is nascent in the U.S., but it’s beginning to take hold. As in non-livestream social commerce, vertical platforms have the most traction. Whatnot, a livestream shopping site for collectibles, is the largest today.
Rex Woodbury • 5 Lessons from China's Internet Companies
It's a digital age QVC but with the added FOMO that the other thousand viewers could buy out the stock before you get there. Driven by a fear of counterfeit goods and a demand for experiential retail, viewers love the instant gratification of seeing the product in action then immediately buying it. The backdrop to the buying frenzy is a holistic e-... See more