TikTok becomes most popular online shopping platform of Thai youth

TikTok, an online video-sharing platform, has become the most popular online shopping platform among Thais aged up to 29, according to a survey conducted by the Trade Policy and Strategy Office (TPSO).

The survey was conducted among 4,699 respondents throughout the country.

The platform has gained popularity as an online commerce platform among the youth, as it emphasizes happiness and entertainment, so-called “Shoppertainment”, through live streams and short videos created by users and influencers.

TPSO Director Poonpong Naiyanapakorn said shoppers aged between 50 and 59 still shop online via Facebook, because they are familiar with the system and vendors offer competitive pricing.

They also prefer shopping via original e-commerce channels, such as Shopee and Lazada, due to their strong shop and product management systems, as well as their payment and refund systems.

According to Poonpong, these features play an important role in increasing trust between sellers and buyers.

The survey found that young people shop frequently, but do not purchase expensive goods. They prefer to buy through social commerce channels that focus on entertaining them and making them “happy”.

This is in contrast to older shoppers, who prioritize the value and quality of goods and services.

Source: VnExpress International

BÀI VIẾT LIÊN QUAN

TikTok, Facebook are outselling traditional retail channels: businesses

Businesses say TikTok and Facebook are helping achieve billions of dong (VND1 billion = $40,363) in sales and becoming more efficient than traditional retail channels. Speaking at a conference on March 16 Trang Le, CEO of media firm MultiMedia, said her company thrived even during the Covid-19 pandemic by producing content on Facebook and TikTok. [...]

Lazada and Taobao launch fashion channel in Singapore and Malaysia

Lazada has partnered with Alibaba's Taobao to launch a new Taobao Fashion channel on its platform in Singapore and Malaysia. The channel, now available on the Lazada app, offers over 6 million products from top Taobao merchants. Customers can also enjoy special promotions, including "Buy 3, Get 20% Off" deals, and hassle-free returns—7 days for Singapore and [...]

Vietnamese shoppers spend nearly $32M a day online

Nearly VND800 billion (US$31.6 million) worth of goods were sold every day on the top five e-commerce platforms in the first half of this year. Sales on Shopee, Lazada, Tiki, Sendo, and Tiktok Shop totaled VND143.9 trillion, a 54.91% rise from a year ago, according to a report by e-commerce data tracker Metric. TikTok Shop [...]

Vietnam, Thailand emerge as Southeast Asia’s fastest growing e-commerce markets

Vietnam and Thailand have emerged as the two fastest-growing e-commerce markets in Southeast Asia, according to a new report. The report, recently released by OpenGov Asia, a content platform dedicated to sharing ICT-related knowledge and information to better serve citizens and customers, highlights Vietnam’s ascent past the Philippines to become the third-largest e-commerce market in

China’s Temu, Shein flood Vietnam with cheap goods

Temu, along with Shopee, Lazada and TikTok, is flooding Vietnam with low-priced Chinese goods, and local sellers are suffering, unable to compete on price. Some countries have are trying to prevent this influx of Chinese goods. Temu was banned in Indonesia earlier this month, and is facing increasing scrutiny in the E.U. and the U.S. [...]
-->