Live Commerce: Social media influencers are driving billions in sales in China with live-streamed commerce. An a16z partner explains why the US could be next, and the companies positioned to take advantage

  • Live commerce is new kind of shopping, where brands and influencers stream videos to consumers.
  • From apparel to produce, live streaming has taken off in China on platforms like Alibaba’s Taobao Live and Douyin, China’s version of TikTok.
  • Live commerce offers a more streamlined experience than home shopping TV networks like QVC with check-outs embedded in the platforms and payment details stored.
  • In the US, platforms like Facebook and Instagram are making a push into e-commerce.
  • Live commerce could soon arrive in the US, where influencers are already monetizing their social media followings.
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Continue lendo em https://www.businessinsider.com/live-commerce-china-influencers-taobao-instagram-facebook-us-tiktok-2020-6

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