Tag #Social Commerce

forbes.com
🌐 75% Global Worthiness
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Amazon Shuts Down Inspire, Pivots to Social Media Partnerships

Amazon shut down its short-form video shopping feature, Inspire, 14 months after launch, due to low traction and a strategic shift towards partnering with existing social media platforms for product discovery, impacting brands' social commerce strategies.

Progress

44% Bias Score

Responsible Consumption and Production
forbes.com
🌐 85% Global Worthiness
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Branded Content: From Ads to Enduring Franchises

Short-form video now dominates mobile data consumption (80%), pushing brands to create original content instead of relying on ads; Target and Alexis Bittar saw significant success with branded content series, proving the effectiveness of this approach.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
forbes.com
🌐 85% Global Worthiness
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Influencer Marketing's Rise: Reshaping Brand Strategies by 2025

By 2025, consumer trust in influencers will surpass traditional advertising, forcing marketers to collaborate with online communities and creators; the creator economy is projected to reach $480 billion by 2027, driven by consumer preference for authentic recommendations and Gen AI's impact on conte...

Progress

60% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Non-Retail Giants Disrupting E-Commerce

Non-retail companies, such as Netflix and TikTok, are aggressively expanding into e-commerce, creating new revenue streams and disrupting traditional retail models; projected social commerce sales will reach nearly $800 billion by 2028.

Progress

36% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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TikTok Shop's Booming Sales Despite Looming US Ban

TikTok Shop, TikTok's in-app shopping feature, achieved \$100 million in Black Friday sales—triple 2022's total—despite a looming US ban on its parent company, ByteDance, by January 19, 2024, prompting creators to diversify marketing strategies.

Progress

44% Bias Score

Decent Work and Economic Growth