Live Shopping is a marketing strategy where a host, usually an influencer or celebrity, promotes a product through a live video. Similar to home shopping television shows in which an individual demonstrates how to use an item, the interaction between the host and the audience takes place entirely live, as the name suggests. Gamified content, including promotions and prizes, is typically offered to audiences throughout a live stream, but only for a limited duration. Livestream shopping is particularly effective because of the sense of urgency created by scarcity or limited availability. What’s more, the larger the audience, the greater the fear of missing out on a potentially good deal.
About You Removes Registration Fees Ahead Of Zalando Takeover
German fashion platform About You has made a surprising strategic pivot: while negotiating a €1.2 billion acquisition by Zalando, the company has dramatically lowered entry barriers for sellers. Registration fees are now eliminated, onboarding takes just 3-4 weeks, and requirements for small brands have been slashed – as Ecommerce News EU informed. What’s driving this […]