QVC is leaning into a 24/7 social commerce strategy via TikTok Shop, aiming to modernize its image, expand audience reach, and boost sales. Here's what you need to know:
Looking at the past 12 months of total U.S. TikTok Shop sales, we can see that prerecorded video content makes up 57.5% of the total revenue. Live streams make up 23.1% of the total revenue, and TikTok Shopping Mall sales bring in 19.4% of the total revenue.
Brands such as e.l.f. Cosmetics have seen great success by taking part in TikTok's Super Brand Days, which are high-impact marketing campaigns that put brands front and center on the platform.
e.l.f. Cosmetics had a TikTok Shop Super Brand Day running from March 31, 2024 - April 3, 2024. The week of March 31st drove $449K and was the brand's top-selling week on TikTok Shop ever.