Hi it is Jacky.
Today,Let’s share one TikTok toturials:TikTok Breaking News 2024/08/09
O1: TikTok’s Electronic Translation Pen Hits New Heights
The electronic translation pen, with its dual online and offline translation capabilities and support for 16 languages, has emerged as a TikTok sensation. Priced at $26.29, this gadget sold 22,800 units in just one month, underscoring TikTok’s growing influence in e-commerce. This surge in sales reflects the broader trend of social media platforms evolving into powerful retail channels. Since Novelty Digital’s debut on TikTok on March 24, it has amassed an impressive $2.71 million in sales, highlighting the platform’s potential to drive significant revenue for niche products.
O2: P.Louise Shatters Records with $2 Million Live Broadcast
British beauty brand P.Louise recently set a new benchmark on TikTok Shop UK with a 12-hour live stream that generated over $2 million. The broadcast drew nearly 3 million viewers and garnered more than 150 million likes, with sales reaching two items per second. This achievement illustrates the shifting dynamics of online retail, where live shopping events are becoming a major revenue driver. Compared to traditional e-commerce models, these live events create a sense of urgency and excitement, significantly boosting sales.
O3: TikTok Vietnam: A Boon for Local Economies
Nguyen Lam Thanh from TikTok Vietnam revealed a 54% growth in the country’s e-commerce sector in the first half of the year, with 3 million people earning through TikTok. This shift from entertainment to commerce aligns with a broader trend of social platforms integrating e-commerce functionalities. The platform is not only facilitating ASEAN trade but also acting as a critical tool for economic development in the region. This expansion highlights how social media is redefining the landscape of online retail and creating new income opportunities.
O4: Art Toys in Vietnam: A Phenomenal Growth Story
In Q2 2024, sales of the Labubu art toy skyrocketed by 665% to nearly 520 million Vietnamese Dong. Created by Hong Kong artist Kasing Lung and inspired by Norse mythology, Labubu’s popularity in Vietnam reflects a broader trend of cultural and creative products gaining traction in e-commerce. This meteoric rise suggests that consumers are increasingly drawn to unique and artistically driven products, signaling a potential shift in market preferences.
O5: Thailand’s Taxation Move on Temu
Thailand’s Deputy Minister of Finance, Chulaphan, has announced the inclusion of Temu in the country’s tax system to regulate its operations and ensure VAT compliance. This move is part of a larger effort to update tax mechanisms for online platforms and enhance regulatory oversight. As e-commerce continues to expand globally, such regulatory measures will be crucial in balancing market growth with fair taxation practices. The development underscores a global trend towards stricter regulation of international e-commerce platforms.
Trends and Future Outlook
The articles illustrate several key trends in e-commerce and social media: the rising dominance of platforms like TikTok in retail, the increasing influence of live shopping events, and the expanding role of social media in driving economic growth. Comparing TikTok’s innovative approach to Amazon’s established model, it’s clear that emerging platforms are reshaping the e-commerce landscape. Looking ahead, we can anticipate further integration of social media and e-commerce, with platforms leveraging real-time interactions and personalized experiences to drive sales. The future of e-commerce will likely see a continued blend of social engagement with transactional capabilities, transforming how consumers shop and interact with brands.
