socialcommerce
There is a growing shift in the way consumers shop online, and social commerce is at the forefront of this change as it provides brands and consumers with a frictionless, and more convenient, commerce experience. The steady rise of social commerce over recent years has provided brands an opportunity to deliver their goods and services directly to social media users, enabling them to interact and purchase their favorite items without having to leave the app. Q4 2022 hedge fund letters, conferences and more After all, research suggests that on average, the typical social media user now spends ar...
ValueWalk
Direct sales on social media channels are growing at an astounding rate in Asia, Europe, and North America markets. Q4 2021 hedge fund letters, conferences and more Numbers show that nearly one-tenth of all eCommerce spending is done through social commerce these days, which will grow to 17% by the time we reach 2025. With increasing sales potential, more and more brands, small and big alike, are trying to pull the most out of these channels. The number of people making money from social media in China alone is 463 million, and these people are not only influencers, network stars, or celebriti...
ValueWalk
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