Livestreams Are the Future of Shopping in America

  • Date: 14-Sep-2020
  • Source: Bloomberg
  • Sector:Economy
  • Country:GCC
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Livestreams Are the Future of Shopping in America

E-commerce in the U.S. is on the cusp of big change.A quarter century after Amazon's founding, shopping online in America is largely the same experience: People click around a website and buy stuff. But this next phase promises a major evolution, by intertwining streaming video, social media and celebrity into a shopping experience that has the potential to further disrupt an already-battered retail industry.

So-called streaming e-commerce—or live selling—allows almost anyone (celebrities, influencers or your local store owner) to quickly create their own shopping television channel that's also a social network and e-commerce platform—at a tiny fraction of the cost. Another way