TikTok Shop - From Viral Dances to Business Growth Driver
Nur Azre Abdul Aziz, Partnerships Lead with, TikTok Shop Malaysia
20-Feb-24 12:00
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Today we explore the rise of a new e-commerce juggernaut - social media giant Tik Tok - a platform once known primarily for its viral dance and lip-sync videos. They’re taking the fight to Amazon, Shopee, Temu, and others, through its e-commerce arm TikTok Shop.
With this, TikTok is no longer just a social media platform; it's a burgeoning marketplace where interaction directly translates into transactions. And with this, they look to be redefining the online shopping experience, transforming the way creators and businesses connect with their audiences and drive sales.
A great example here was the recent news that Khairul Aming, social media influencer and founder of the popular Sambal Nyet, hit RM1.2 million in sales in mere minutes when he launched his new product on the TikTok Shop platform around 2 weeks ago. As many as 80,000 packs of his latest product were snapped up by buyers within three minutes and 39 seconds.
That said, he was TikTok Malaysia’s 2023 Creator Of The Year and has a huge following of his own, so how representative is this for other creators and businesses who are looking to leverage TikTok Shop to create awareness, drive sales, and grow?
To find out, we speak with Nur Azre Abdul Aziz, Partnerships Lead with TikTok Shop Malaysia. Among other things, we’ll explore how TikTok is supporting creators in leveraging their platform, the strategies TikTok Shop has implemented for user experience and seller engagement, and how it's adapting to evolving market demands. We will also get into how TikTok Shop Malaysia is navigating the complexities of digital literacy and cross-border e-commerce.
Produced by: Roshan Kanesan
Presented by: Richard Bradbury
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Categories: technology, economy, markets, entrepreneurs
Tags: seller engagement, e-commerce, tiktok, social media, marketplace, digital literacy, tiktok shop,