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 Captures Gen Z Hearts, Ties with Instagram in Social Shopping
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-CommerceSocial Media

TikTok Shop Captures Gen Z Hearts, Ties with Instagram in Social Shopping

Nicole Kristine Jovero
Last updated: June 26, 2024 2:35 am
Nicole Kristine Jovero
Share
2 Min Read
SHARE
  • TikTok Shop ties with Instagram as top social shopping app for Gen Z adults.
  • Millennials and Gen Z aged 18-26 are the most active buyers.
  • TikTok’s recommendation algorithm drives repeat purchases.

Contents
Millennials and Gen Z: the big spenders on TikTok ShopWhat’s next for TikTok Shop?

TikTok Shop, the e-commerce arm of the popular video-sharing app, has quickly gained ground among Gen Z adults in the US.

A recent report by Morning Consult reveals that TikTok Shop is now tied with Instagram as the top social app for purchases among 18- to 23-year-olds, followed by YouTube, Facebook, Snapchat, and Pinterest.

Millennials and Gen Z: the big spenders on TikTok Shop

Millennial and Gen Z users aged 18 to 26 emerged as the most active buyers on TikTok Shop compared to younger Gen Zers and Gen Xers.

Claire Tassin, a retail and e-commerce analyst at Morning Consult, attributes this trend to the high-volume shopping habits and significant spending power of these age groups, particularly in categories frequently promoted on social media, such as apparel.

TikTok Shop has demonstrated its ability to retain customers, with a significant portion of millennial and Gen Z respondents reporting multiple purchases on the platform.

The app’s recommendation algorithm, designed to show users more of what they like, likely contributes to this success in driving repeat purchases.

What’s next for TikTok Shop?

TikTok’s impressive growth in e-commerce can be attributed to its heavy investments in the rollout of its Shop platform, including subsidies, promotions, and discounts.

However, the platform’s long-term success remains to be seen as competitors like Instagram and Facebook shift their focus to partnerships with external e-commerce platforms.

The enduring popularity of shopping features on Meta’s apps suggests that TikTok may face challenges in maintaining its early momentum.

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 Zepto’s Grocery Delivery Empire Expands with $665M Funding Boost
Next Article Uncle Sam Says “Nyet” to Russian Antivirus Software Kaspersky

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

Fintech

UnaFinancial Hits $2 Billion Milestone in Loan Disbursements

September 6, 2024
AIFAANG

Meta Ditches Celebrity AI for DIY Chatbot Studio

August 9, 2024
Fintech

Sea Expands Digital Banking Footprint in Southeast Asia

October 6, 2024
VC

VC Industry Faces Reality Check: Layoffs, Frustrations, and Exodus

August 19, 2024
Mobility

CCCS Scrutinized Potential Grab-Foodpanda Deal Before Its Collapse

April 5, 2024
e-Commerce

Philippine Ecommerce Enabler Etaily Sets Sail for Singapore

June 4, 2024
VC

Antler Bets Big on Southeast Asian Startups with $5.1M Funding Round

February 12, 2024
Crypto & Web3

Mocaverse Forges Wallet Partnerships to Bridge Web3 Gap

February 21, 2024
FAANG

Meta Blindsides Developers By Shutting Down Facebook Groups API

February 12, 2024
CreatorsStrategy

Greg Isenberg Thanked Bill Gates for His Reading Investment

July 10, 2024
AI

Indonesia’s AI Catch-Up Game

July 29, 2024
Fintech

TerraPay Secures Major Payment Institution License in Singapore

April 9, 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?