According to Forbes.com
Entertainment Commerce Platforms Are Revolutionizing The Shopping Experience
In today’s environment, many retailers are struggling to stay afloat, and major brands like JCPenney, Sears, J.Crew, GNC and Toys R Us have gone bankrupt. The past year has been called the “retail apocalypse” by many, as the industry saw a record number of retail store closings and numerous high-profile bankruptcies.
On the other hand, technology companies are creating innovative solutions to keep up with the changing retail behavior and demands from consumers, and it’s apparent that retail will never be the same. With millions of people confined to their homes in 2020, e-commerce experienced massive demand. The number of people buying goods online reached an all-time high.
An interactive trend Flixx has been following is entertainment commerce.
and…According to Hootsuite.com
Social media and ecommerce are a match made in heaven.
Marketers have been using social platforms to connect with ecommerce customers for a while now. And for a good reason — more and more internet users shop online and use social media to research brands.
Take a look at these recent stats:
- 76.8% of global internet users purchased a product online in 2020.
- 44.8% of global internet users use social media to search for brand-related information.
- More than half of global internet users between the ages of 16 and 24 use social media to research brands (55.9% female users and 51% male users).
