the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
eCommerce: What is live commerce?
CM
CM
Chotwe Mwango, Chotwe Mwango is a dedicated economist. answered:

Live commerce, also known as live shopping or live streaming shopping, is an emerging trend in the e-commerce industry that combines live video streaming with online shopping. It involves retailers or influencers showcasing products in real-time through live video broadcasts, allowing viewers to interact, ask questions, and make purchases directly within the live stream.

Live commerce typically takes place on online marketplaces, social media platforms, or dedicated live shopping platforms. The host or presenter demonstrates products, highlights features, shares personal experiences, and engages with the audience through real-time comments and interactions. Viewers can ask questions, seek recommendations, and receive immediate responses, creating a more interactive and engaging shopping experience.

The impact of live commerce on online marketplaces can be significant. Here are a few ways it can affect the industry:

Enhanced Engagement: Live commerce provides a highly engaging shopping experience by combining video content, real-time interactions, and product demonstrations. It creates a sense of urgency, excitement, and authenticity, leading to increased user engagement and longer session durations.

Influencer Marketing: Live commerce often involves collaboration with influencers or key opinion leaders (KOLs). Influencers leverage their influence and credibility to promote products during live streams, resulting in increased brand exposure, reach, and trust. This can drive more traffic to online marketplaces and boost sales.

Improved Conversions: The real-time nature of live commerce enables immediate purchase actions within the live stream. This can lead to higher conversion rates compared to traditional e-commerce, where customers often need to navigate through different pages and checkout processes. The convenience and instant gratification offered by live commerce can drive impulse purchases.

Product Discovery: Live commerce offers an opportunity for customers to discover new products and brands they might not have encountered otherwise. By featuring a variety of products in live streams, online marketplaces can attract a broader audience and introduce them to different offerings, thus expanding their customer base.

Authenticity and Trust: Live commerce allows customers to witness product demonstrations and testimonials firsthand, fostering a sense of authenticity and trust. The live interaction between hosts and viewers, along with real-time feedback and reviews, helps build confidence in the product and the shopping experience.

It's worth noting that while live commerce presents significant opportunities, it also poses challenges for online marketplaces. Infrastructure requirements, technical capabilities, and maintaining a seamless shopping experience during high traffic can be demanding. However, with the growing popularity of live commerce, online marketplaces are increasingly integrating live streaming features or partnering with dedicated live shopping platforms to capitalize on this emerging trend and provide a more immersive shopping experience for their customers.

Talk to Chotwe Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.