Social Commerce

Social Commerce
Pinterest Courts Gen Z With Video Sharing Feature
June 26, 2024

Pinterest has begun letting users share videos of their favorite boards to other social platforms. That’s due to a new feature called board sharing, designed to court the world’s youngest and most-digitally engaged generation. “Gen Z makes up over 40% of our global monthly users on Pinterest...

Social Commerce
X Aims to Boost Bottom Line With Payments as Revenues Plunge
June 18, 2024

X is reportedly preparing for a multiyear campaign to launch its payments business. But when that happens, Bloomberg Businessweek reported Tuesday (June 18), the Elon Musk-owned social media app sees payments as a way to bolster its business via “increased participation and engagement” on its platform. The...

Social Commerce
Half of All Influencers Peak at $15K Per Year
June 18, 2024

You can make money as a social media influencer. But maybe not enough to get by. A report Monday (June 17) evening by The Wall Street Journal (WSJ) examines the hardships facing the people who try to earn a living by posting content on social media....

Social Commerce
Pinterest Taps VTEX to Help Brands Embrace Social Commerce
June 09, 2024

Pinterest has launched a partnership with composable commerce platform VTEX. The new collaboration is designed to help consumer brands expand their social commerce footprint and connect with more customers, the two companies said last week. According to a news release, VTEX’s platform lets its 2,600...

Social Commerce
Will Gen Z Put a New Face on Social Commerce?
June 04, 2024

Meta’s recent news that it is seeing a surge in younger users may help set the stage for a rising tide in social commerce. The platform model — not just for Facebook, but for X and for others — connects users and advertisers and merchants....

Social Commerce
TikTok Shop Puts European Plans on Hold, Concentrates on US
May 31, 2024

TikTok has reportedly decided to put its plans for expanding its eCommerce business in major European markets on hold. Instead, the ByteDance-owned social media platform will concentrate on growing its presence in the United States, its most lucrative market, where it faces potential divestment or...

Social Commerce
TikTok Denies Report That It’s Developing US-Only Algorithm
May 30, 2024

TikTok has denied a Reuters report that it is developing a clone of its recommendation algorithm specifically for its 170 million U.S. users. Reuters reported Thursday (May 30) that the social media platform aims to create a version that operates independently of its Chinese parent...

Social Commerce
TikTok Lowers Threshold for Creators to Join Affiliate Program
May 23, 2024

TikTok has reportedly lowered the threshold to join its affiliate program from 5,000 followers to 1,000. This change was not officially announced by TikTok, but it was noticed by users of the social media platform, Bloomberg reported Wednesday (May 23). The lower threshold will allow more creators to make...

Social Commerce
Ralph Lauren: Young Luxury Shoppers Tap Social Media for Inspiration
May 23, 2024

Social commerce is not just for fast-fashion — young consumers wanting to expand their wardrobes are looking to their social feeds to inspire their luxury fashion purchasing. Ralph Lauren shared in its fourth quarter fiscal 2024 financial results Thursday (May 23) that revenue increased slightly year...