TikTok reportedly plans to take home shopping into the livestream era with a new partnership.
According to the Financial Times,the intelligence of eroticism TikTok is partnering with live shopping platform TalkShopLive to enable users to buy products directly from livestreams. This past July, TikTok experimented with live shopping in the U.K. using an in-house feature called TikTok Shop. But the experiment was dropped due to "internal problems and struggled to gain traction with consumers," the FTreported.
Now, TikTok is reportedly trying live shopping again; this time, outsourcing it to the platform that has been used by celebrities like Matthew McConaughey and Dolly Parton to hawk their products. According to a source "familiar with the plans" the feature is expected to launch next month, just in time for the lucrative holiday season.
TalkShopLive essentially takes QVC's home shopping model online. Sellers create a channel and add products that they want to sell. When sellers go live, products appear in a sidebar next to the livestream, which buyers can then add to their cart and check out all within the platform. TalkShopLive takes a 10 percent commission of all product sales. This technology will be integrated into TikTok so that it works on TikTok Live. The same insider source says TikTok will initially cover the commission that TalkShopLive would make.
Last year alone, TikTok made $4.6 billion in revenue from a combination of ad sales and in-app purchases of "coins." Most of that revenue comes from advertising, but with this new partnership, TikTok might be selling a lot more than digital coins.
Topics TikTok
Pynchonicity by Gary LippmanLive music performances on YouTube are my last resort source of serotoninLessons from an ElevenIn Which Jane Austen Tells Your Fortune, and Other News by Sadie SteinHow to add custom emoji to SlackMr. Paradise by Jonathan SeguraWordle today: Here's the answer and hints for July 10What We’re Loving: Taxidermy, Heroines, Bad Ideas by The Paris ReviewThis Book Is Controversial, and Other News by Sadie SteinSecret Book Landscapes, and Other News by Sadie SteinNotes from a Bookshop: Late Summer, or Summer Is a Kind of Island by Kelly McMastersAh, Underpants! by Sadie SteinWilliam Faulkner’s Unexpected Art, and Other News by Sadie SteinRadio Days by Sadie SteinRIP Seamus Heaney, and Other News by Sadie SteinThat historic ThanosSaving the Harriet Beecher Stowe House, and Other News by Sadie SteinDriving Mr. Murray by Tony SchermanNew Salinger, and Other News by Sadie SteinMy Nothing to Hide by Amy Grace Loyd This guy is every San Diego Chargers fan right now People are obsessing over a photo app and it's easy to see why 'Angry Women' display powerful protest art during Trump's inauguration week Washington University students can now take a class on Kanye West Trump's EPA nominee spars with Bernie Sanders over climate change Critics love M. Night Shyamalan's split 'Pokémon Go' highlights efforts to solve the world's biggest problems at Davos SpaceX's most recent rocket landing looks so sci The internet roasts a photo of Donald Trump writing his inauguration speech Steve Carell just trolled us all into thinking 'The Office' was getting a reboot 'Star Trek Discovery' is still boldly going 49 books you need to put on your to Ashley Judd refuses to be bullied by online abuse in this defiant speech Twitter's complicated relationship with developers just got worse Obama 'Hope' artist has a brilliant new set of posters for inauguration How to get involved with the Women's March on Washington if you're not in D.C. Cops carry a pregnant woman to the hospital after walking 6 miles in snow, win hearts President Obama is peak dad in White House snow day photos Google Maps will soon get you where you need to go, then help you park Turns out that Donald Trump doesn't really like Twitter
3.341s , 10171.7890625 kb
Copyright © 2025 Powered by 【the intelligence of eroticism】,Wisdom Convergence Information Network