[ad_1]
According to media reports, a TikTok-inspired feature has been employed by many companies. As a result of this, there are many opportunities in the social commerce sector.
Amazon’s new “Inspire” feature is live and will be available for some users. It will show multiple videos and photos of the products. These products will also be available for purchase through mobile or web applications.
The beauty of social commerce is tailoring the content to the customers’ needs. So, the pictures and videos displayed by the digital marketers will curate streams in a format that resonates with the interests of the consumers. And the consumers’ psychological reaction will be hitting a like button before they make any purchases online.
Talking about the statistics, this feature has enormous potential and is attracting many opportunities in terms of profitability in the true sense. Amazon projected a whopping range of financial revenue in the final quarter of 2022. It is projected to make revenue between $140 billion and $148 billion.
Several tech giants are on the same track. They are incorporating similar shopping features with variations according to the applications to promote goods.
FAQs:
- Which company is adopting the shopping feature?
Amazon. - Who were the pioneers of this shopping feature?
TikTok.
Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
[ad_2]
Source link
