What does live shopping for influencers bring to the digital web and economy?

Since the rapid development of information technology, especially the Internet, the digital community has been growing. A new type of digital consumer, characterized by all-digital life consumption and online and offline integration, is rapidly emerging. As a result, practitioners are increasingly focusing on strategies that use online celebrities to run their social commerce businesses. For example, 60% of sample brands in the survey focused on influencers’ strategies to increase their social commerce investments (Wang, Panpan, and Qian Huang,2022).

Photo by Los Muertos Crew on Pexels.com

Since the new crown epidemic swept the world in 2020 and the policy of home isolation was implemented, live shopping gradually formed a new ‘economic growth portal’ in China. The live broadcast is a three-dimensional media model; he can interact directly with consumers online close to the offline real-scene interaction. Social influencers on different platforms such as TikTok, Taobao, Jingdong, etc., sign contracts with companies about which specific products to market for live shopping. Jingdong Company cooperated with the short video platform Racer to hold the 618 shopping festival. On June 16, Racer generated over 1.4 billion yuan in sales, while Jingdong said they conducted over 300,000 live streams throughout the festival. (Soon Chen Kang, Taimoor Tariq, and Xiuxi Zhu,2020) With the rise of live shopping, the Chinese market has accelerated the conversion of brick-and-mortar businesses to digital and has driven the economy even more.

Figure 1 shows a screenshot of a macro-influencer with 1 million followers live-streaming a product on TikTok.

Consumer questions in the lower left corner, product photos in the lower right corner, and the number of online consumers in the upper right corner.

Nearly 80% of marketers believe digital influencers are potent factors contributing to consumer engagement and purchase (Wang, Panpan, and Qian Huang,2022). The digital community intertwines a group of people with common interests, so digital consumers and influencers are complementary to drive the economy during an epidemic.

The following vedio provides more information about live shopping on social media.

MKTG1415 Digital Marketing

JINGWEN ZHU

7/30/2022

Thank you for reading, hope you like it ~

《“What does live shopping for influencers bring to the digital web and economy?”》 有 2 条评论

  1. Hi,Jingwen!this is a very good blog, let me know what is webcast with goods, blog use hyperlinks, short videos, some pictures to let me have a deep understanding of this marketing method, through this blog, it helps me a lot. If this blog can give a specific example of a live broadcast with goods, it will make the whole article more complete and perfect, this blog is great, look forward to your next blog!

  2. Hi Jingwen.
    I really enjoyed your posts on digital consumers, especially the impact of digital consumers and influencers on the current market as described in your blog. When I think of digital consumers, I automatically think of social media and other forms of online marketing. But I think building a digital marketing presence is critical to the success of a business. What do you think?

    I look forward to reading more posts from you

留下评论

通过 WordPress.com 设计一个这样的站点
从这里开始