While social shopping hasn’t taken off the way the platforms would like, they’re still pushing in-stream shopping tools, in the hopes of building new revenue streams and use cases.
TikTok, in particular, keeps trying to make in-app shopping happen, as it seeks to replicate the success that it saw with in-stream shopping on Douyin, the Chinese version of the app. In 2023, Douyin generated $375 billion in gross merchandise sales, which is a 50% increase on the previous year. TikTok, comparatively, generated around $4 billion via in-app spending in 2023, and that primarily came from TikTok Coins for creator donations.
For whatever reason, Western consumers just haven’t warmed to social shopping in the same way that Asian markets have. Yet, social media spending is increasing over time, at a steady rate. And given its adoption in China, the view is that Western regions will catch on at some stage, as more people spend more money in-stream, and younger users become increasingly accustomed to tapping “Buy” buttons, as opposed to being diverted to another site.
Which brings us to this new research report from eMarketer, which looks at social shopping adoption, and what inspires social shoppers to make a purchase in-stream.
To clarify, “social shoppers” in this context are social media users who have purchased at least one thing via social apps over the past year.
And their main platform of choice? You guessed it:
Facebook is by far the leading platform for driving shopping behavior, followed by TikTok and Instagram, both at around half the rate of response.
SMM Panel India
Facebook does have some advantages in this respect. For one, the platform has way more users than any other social app, so scale alone enhances its opportunity. The question here also doesn’t specify where these people made a purchase. So Facebook Marketplace is also in play, and it could be that a lot of these shopping actions came via secondhand listings, as opposed to via brand promotions.
But right now, based on this data at least, Facebook is the social app where users are more likely to make a purchase.
But then again…
n terms of shopping frequency, people who regularly use Snapchat and Reddit are more likely to make regular purchases in each respective app.
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