By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: TikTok Shop’s Growth Spurt: Viral Moments Mask Long-Term Challenges
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
e-Commerce

TikTok Shop’s Growth Spurt: Viral Moments Mask Long-Term Challenges

Nicole Kristine Jovero
Last updated: August 5, 2024 1:23 am
Nicole Kristine Jovero
Share
2 Min Read
SHARE
  • TikTok Shop shows growth amid user resistance.
  • Viral sales spikes mask long-term challenges.
  • Platform’s e-commerce future remains uncertain in competitive landscape.

Contents
Shopping frenzy or fleeting trend?Viral victories and structural stumbling blocks

Shopping frenzy or fleeting trend?

TikTok is doubling down on its e-commerce ambitions, dedicating one-third of its US job openings to Shop-related roles.

The platform’s aggressive push into shopping, however, has left some users yearning for the app’s dance-and-comedy roots.

Despite user grumbles, Shop is showing promising signs of growth, but its long-term success remains uncertain.

Recent data paints a mixed picture. US shoppers are spending more on TikTok, averaging $67 per purchase in mid-summer, up from $54 in January.

The platform boasts impressive user retention, second only to Amazon among major e-commerce players.

However, global order volume grew a modest 35% between January and June, lagging behind competitors like Shein.

Viral victories and structural stumbling blocks

TikTok Shop’s reliance on viral content poses challenges for brands seeking predictable revenue.

While some sellers have struck gold through viral videos, sustaining success proves difficult in an increasingly saturated market.

Live shopping emerges as a bright spot, driving significant sales for some creators.

Yet, TikTok must overcome structural hurdles, including user behavior that often leads to off-platform purchases and concerns about the app’s uncertain future in the US.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Fusion Startup Type One Energy Secures $53.5M Boost
Next Article Gen Z’s Job Offer Shuffle – The New Normal in Campus Recruiting

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

AI

Indonesia Unveils Plans for Comprehensive AI Regulations by End-2024

March 13, 2024
AIStartups

Amity Solutions: Thailand’s AI Contender Aims for IPO

August 14, 2024
VC

DuckDuckGo Expands Investment Portfolio in Privacy Tech Startups

October 28, 2024
Gaming

Nintendo Unveils Alarmo: A $100 Gaming-Inspired Sleep Tracker

October 14, 2024
Fintech

Fintech Lendela Bags $5M to Expand Loan Marketplace

February 12, 2024
Mobility

GoTo Greenlights Gargantuan Share Issuance

May 9, 2024
AI

AI Godfather Advocates Universal Basic Income Amid Job Loss Concerns

May 28, 2024
AIDeep TechFood tech

GoPizza Grows Pizza Chain with AI and Robots

February 23, 2024
Startups

Introduction to Taskbeasts

September 30, 2024
AI

ChatGPT Plus Subscriptions Reopen After Increased Capacity

February 17, 2024
AI

OpenAI Bids Farewell to Co-Founder and Chief Scientist Ilya Sutskever

May 20, 2024
MediaStrategy

Greg Isenberg Predicts the Future of B2B Media in One Image

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?