E-commerce news
One story a day from the e-commerce world, and what it means for your store.
3 stories
- Social commerce
Best Buy to open TikTok Shop store in late October with 10,000 products
Best Buy will launch on TikTok Shop in late October with nearly 10,000 products, in-app checkout and in-store returns, backed by its creator program and Best Buy Ads. Electronics sellers on TikTok Shop face a major new competitor for holiday traffic.
- Social commerce
Whatnot cuts seller commissions with volume tiers, as low as 3%
Whatnot is moving to commission tiers based on rolling four-week sales, cutting rates for sellers above $15,000 while smaller sellers stay at 8%. Existing sellers switch on September 21, new sellers the week of September 28.
- Social commerce
YouTube lets US creators tag Amazon products and earn commissions
Amazon has joined the YouTube Shopping Affiliate Program, so eligible US creators can tag Amazon products in Shorts, videos and livestreams. Amazon sellers gain a new creator traffic source, while DTC brands face new competition for creator tags.