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Alright, number seven, TikTok shop for innovations in both livestream and visual search. Actually, livestream isn't so much an innovation as a milestone. TikTok shop had its first 1 million live stream this month. What does that mean? A beauty brand?

Article: Netflix鈥檚 SAG Awards livestream is another step toward head-to-head competition with broadcasters. Article: Video trends to watch in 2023.

TikTok bets big on livestream commerce, aims for $20B in global sales. How Ikea innovates to keep up with an expanding ecommerce market. More Chart of the Day:. 6/15 - Direct-to-success. 6/14 - Buyers without borders. 6/13 - Top of the funnel to you. 6/12 - YouTube鈥檚 retail rush. 6/9 - Make it discount.

Instagram offers another sign that livestream shopping isn鈥檛 ready for primetime in the US. 5 things to know about the buzzy Chinese shopping app Temu. Yesterday鈥檚 Chart of the Day: Life of the third party. Methodology: Data is from a January 2023 Data.ai report titled "State of Mobile 2023."

TikTok is also looking to expand its US ecommerce operations and livestream commerce in the West鈥攂ut these initiatives will take time to bear fruit. Again, leaning on Southeast Asia diversifies the company鈥檚 risk portfolio. That said, navigating the intricate web of regulatory scrutiny and cutthroat competition will be critical for the platform's success in Southeast Asia.

I'd like to see them on there because they're really starting to push livestream creators and the development of livestreaming in the US and investing in a new platform called the Star Creator platform to start to develop livestreaming talent in the US. It needs those kinds of people who are going to be able to talk a lot about products, show them, engage the audience and, ultimately, sell.

China-based sellers have notably been using TikTok to connect with US consumers via short videos and livestreams. Low prices are the top reason for cross-border buying. Affordability remains top of mind. Nearly half of respondents in Global-e鈥檚 survey cited price as a reason to make a cross-border purchase.

鈥淲hen Twitter, Amazon, and others started streaming live sports, it was generally in conjunction with existing broadcasters. Nobody was relying on it to carry all the viewership.鈥�. A new playbook: According to our analyst Max Willens, these types of deals are becoming more common. 鈥淚 think you鈥檙e going to see it in about a year and a half when the NBA has to find a new TV partner,鈥� he said.

One costly channel was Amazon Live, the company鈥檚 QVC-like retail ecommerce livestream service. Amazon has pushed the service heavily despite difficulty making social commerce catch on in the US. In exchange for devoting ad dollars to the Amazon ecosystem, the company subsidized some brands鈥� out-of-network advertising costs, according to Momentum Commerce.

But even after clicking through ads, consumers aren鈥檛 keen to adopt social media platforms鈥� proprietary tools like checking out via Instagram or buying directly from livestream on Facebook. TikTok could be an exception鈥攐r at the very least, exceptional. Four in 10 US users ages 18 to 24 start their searches on TikTok or Instagram, according to internal Google data.

The Shopping Center, while ambitious in its own way, represents a kind of pivot in its commerce ambitions away from the livestream shopping experience it tested, then abandoned, in the UK last year. Goods made in China. The Shopping Center鈥檚 focus will be on China-based businesses aiming to reach US consumers.

For example, Poshmark on Wednesday launched Posh Shows, which allows consumers to livestream on the company鈥檚 platform. The big takeaway: There is no shortage of resale platforms and 鈥渞esale as a service鈥� providers that make it relatively straightforward for brands to enter the resale market.

As Insider Intelligence principal analyst Debra Aho Williamson points out in a recent LinkedIn post, TikTok is actively rolling out features designed to increase time spent like longer video lengths and live streaming and shopping features. The big red button: All that leads up to the House鈥檚 expansion of President Biden鈥檚 ability to ban the app.

The increase in our forecast stems from new third-party data showing more time spent than before, and also from the availability of longer videos, livestream video, and more shoppable content on the app, all of which add user time. YouTube鈥檚 TikTok clone, Shorts, hasn鈥檛 helped move the needle for time spent by US users. Instead, it鈥檚 YouTube TV that鈥檚 driving growth.

Netflix is about livestreaming Netflix's second livestreaming event, the Love is Blind cast reunion didn't go well recently. There was some glitches they had to put out the next day as a recording as opposed to a livestream. The first one, however, the first livestreaming they did this year, Chris Rock stand-up went swimmingly. Will livestreaming catch on on Netflix? Jeremy Goldman:.

Netflix is delving into sports and other live events, but livestreaming presented a blunder in April during the airing of the 鈥淟ove Is Blind鈥� season four reunion episode. To win over advertisers鈥� trust, the platform can鈥檛 afford another debacle. YouTube surpassed Netflix in terms of average time spent this year, according to our forecasts.

鈥淲almart is doing a lot to promote 濒颈惫别蝉迟谤别补尘颈苍驳,鈥� said Canaves. A TikTok collaboration could help both companies push US social commerce. Walmart could pick up the pace of at-home return pickup. Walmart already announced this, but Canaves says if it takes off, Walmart would have an advantage over Amazon in terms of convenience.

The company teamed up with Walmart last year on a holiday livestream shopping show where viewers could make purchases in real time. Why we care: We forecast Peacock will generate $1.05 billion in ad revenues this year, lagging behind Hulu鈥檚 $4.15 billion. While we don鈥檛 think Peacock will catch up to Hulu any time soon, experimenting with shoppable media formats may help it close the gap. 3. Meta.

Livestream shopping app Whatnot has captured 31% of GMV, while the combined GMV of Instagram Checkout, Facebook Shop, and Flip App amounted to less than 1%. What it means: Consumers aren鈥檛 just using TikTok for social inspiration, they鈥檙e actually making purchases on the platform. Some context is required:.

The full US rollout of TikTok Shop in September has made impulse social commerce purchases even easier, as it鈥檚 allowed marketers to convert shoppers through video content or livestreams. Obstacle: Is seamless online checkout too seamless? The quick, efficient nature of online shopping can leave little room for consumers to consider adding items.

That's really what will drive the e-commerce on TikTok is that it's a fun experience, the creators are there, and TikTok with its new TikTok Shop rollout is really putting creators front and center and empowering them to become the next breakout stars of livestreaming, for example, where we've talked about livestreaming quite a bit in the US, how it hasn't quite gained the traction that it has in China.

And with TikTok, I think luxury resale is very strong for live-streaming, for example, it's one of the best ways that live-streaming works on TikTok for shopping, is to show those one-off individual unique items that can be described in detail and shown in detail, especially because there's a lot of concern in resale around authenticity and whether a product is legitimate.

KEY STAT: The biggest gains in US viewership are happening on ad-supported platforms, whether on-demand or livestream. Ad tiers are gaining popularity in the US, suggesting pent-up demand. US consumers are flocking to low-cost plans with some amount of advertising.

Spanish-language livestreams on Twitch now rank second in the language category, behind English-language livestreams.In 2019, they were in seventh place.