'Checkout Live' is a new platform that merges live stream content with an eCommerce platform to make it possible for shoppers to watch content and shop the items seen in it.
Social video platforms such as YouTube and Snapchat have become increasingly popular, which has showcased the capabilities to sell items that are showcased in the content. This is positioned as more professional with 'Checkout Live' to make it more suitable for brands to utilize rather than being posted on a separate social media site.
Products like cosmetics are more appealing to purchase when you have seen a demonstration of how they are used in real-time. 'Checkout Live' makes it possible for brands to create live stream content that can be used to market and sell products more effectively.
Shoppable Video Platforms
'Checkout Live' Merges Live Stream Content with eCommerce
Trend Themes
1. Live Stream Shopping - Platforms that merge live stream content with eCommerce are disrupting traditional online shopping experiences and unlocking new sales channels.
2. Social Commerce - The popularity of social video platforms is leading to an intersection of social media and traditional eCommerce, creating opportunities for brands to reach new audiences and sell products more effectively.
3. Product Demos in Real Time - Live streaming technology is enabling brands to showcase their products in action, allowing customers to make more informed purchase decisions and enhancing the overall shopping experience.
Industry Implications
1. Retail - Retailers of all types can benefit from embracing live stream shopping to reach new audiences, create engaging product content, and enhance the online shopping experience for customers.
2. Beauty - Live stream shopping is particularly well-suited for the beauty industry, allowing brands to showcase product demonstrations and tutorials in real-time that can help customers make more informed purchasing decisions.
3. Media and Entertainment - Media and entertainment companies can use live stream shopping to monetize their content in new ways and create engaging experiences for viewers that go beyond mere entertainment.