{"id":280622,"date":"2022-12-01T06:15:34","date_gmt":"2022-12-01T06:15:34","guid":{"rendered":"https:\/\/webkul.com\/blog\/?p=280622"},"modified":"2022-12-01T06:30:29","modified_gmt":"2022-12-01T06:30:29","slug":"the-rise-and-shift-of-new-ecommerce-social-commerce","status":"publish","type":"post","link":"https:\/\/webkul.com\/blog\/the-rise-and-shift-of-new-ecommerce-social-commerce\/","title":{"rendered":"The Rise and Shift of New Ecommerce &#8211; Social Commerce"},"content":{"rendered":"\n<p>To understand What is Social Commerce? Firstly, analyze yourself do you prefer buying goods online or from a local store? <\/p>\n\n\n\n<p>Well, different people may have different tastes and shopping experiences. But one thing that is common in all is word of mouth.<\/p>\n\n\n\n<p>Yes, it is a very common practice for every consumer first of all, once always do checklists that the product that they are buying is accepted and liked by a mass of people.<\/p>\n\n\n\n<p><p>This a very natural phenomenon of consumer behaviour you might have noticed people tend to order food that others are having not just that but even clothing and fashion trends occur because of such habits that is the first reason why shopping trends do occur.<img decoding=\"async\" width=\"800\" height=\"300\" class=\"aligncenter size-full wp-image-282769\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Social-commerce.png\" alt=\"Social-commerce\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Social-commerce.png 800w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Social-commerce-300x113.png 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Social-commerce-250x94.png 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Social-commerce-768x288.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" loading=\"lazy\" \/><\/p><\/p>\n\n\n\n<p>Every customer is a subset of a larger community thereby word of mouth, social importance make customers unknowingly influenced by these factors. <\/p>\n\n\n\n<p>This is exactly what businesses are currently leveraging and analyzing.<\/p>\n\n\n\n<p>How social media can be used to generate value for brands beyond customer relationships. Let users co-create value for businesses. <\/p>\n\n\n\n<p>Influence other consumers and generate electronic word-of-mouth. Which led to the development of what we now call Social Commerce.<\/p>\n\n\n\n<div class=\"wk-index-wrap\"><h3 class=\"index-title\"><strong>What\u2019s \u2018Social Commerce\u2019? What Does China\u2019s Pinduodo Do?<\/strong><\/h3><\/div>\n\n\n\n<p>According to Jason Davis on <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2021-01-15\/what-s-social-commerce-what-does-china-s-pinduodo-do-video\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">Bloomberg Markets &#8211; TV show<\/a> said that&nbsp; \u201cSocial Commerce is the next frontier for monetizing social media\u201d as it is reshaping the social media platforms into an e-commerce shop.<\/p>\n\n\n\n<p>It&#8217;s simply any social interaction webpage that convinces and makes users create influence and buy more. <\/p>\n\n\n\n<p>Moreover, the addition of elements like integrated payment shoppable adds, featured products and even something like e-wallet features have proven really fruitful so far.<\/p>\n\n\n\n<p><a href=\"https:\/\/marketplace.webkul.com\/pinduoduo-social-commerce-app\/\" target=\"_blank\" rel=\"noreferrer noopener\">Pinduoduo<\/a> a Chinese tech giant giving tough competition to all its competitors and gradually gaining more market share at a very high rate. They have further made use of an innovative social-commerce business model which revolves around group and team-based buying.<\/p>\n\n\n\n<p>These user groups then negotiate prices with vendors of the platform. In a nutshell, consumers come together for making purchases at the best prices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Evolution of E-commerce<\/strong><\/h2>\n\n\n\n<p>Precisely it was the early 90s when eCommerce was first introduced on any online platform. Charles M. stack launched an online bookstore called Book Stacks Unlimited in the year 1992.<\/p>\n\n\n\n<p>Later with the advancement in technology as web browsers were introduced such as Netscape Navigator, Mozilla Firefox and Google Chrome.<\/p>\n\n\n\n<p><p>The ultimate revolution began actually in the year 1995. With the start of Amazon and eBay. Initially, the future of online shopping was still uncertain but not for very long.<img decoding=\"async\" width=\"800\" height=\"300\" class=\"aligncenter size-full wp-image-282770\" src=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Evolution-of-ecommerce.png\" alt=\"Evolution-of-ecommerce\" srcset=\"https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Evolution-of-ecommerce.png 800w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Evolution-of-ecommerce-300x113.png 300w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Evolution-of-ecommerce-250x94.png 250w, https:\/\/cdnblog.webkul.com\/blog\/wp-content\/uploads\/2021\/01\/Evolution-of-ecommerce-768x288.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" loading=\"lazy\" \/><\/p><\/p>\n\n\n\n<p>The success of these e-commerce giants was only possible as they kept evolving and adopting new technologies. With time becoming customer-centric platforms wasn\u2019t much difficult either. <\/p>\n\n\n\n<p>These companies evidently pushed people to make more use of online shopping by making the customer&#8217;s shopping experience swift and easy.<\/p>\n\n\n\n<p>Well to be frank every possibility that can hook your customers to remain intact with your shopping platform is really easy to accomplish. <\/p>\n\n\n\n<p>If you keep innovating and adding new technologies. little or small but relevant and let consumer behaviour drive these add on.<\/p>\n\n\n\n<p>Not much later PayPal Introduced the world&#8217;s first eCommerce payment system as a tool to make money transfers which eventually opened up one more barrier that how people can pay for goods even if they buy online.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Concluding: Social Commerce &amp; Social Shopping<\/strong><\/h2>\n\n\n\n<p>After reading this article we hope that by now, not just you might have understood what Social commerce is. but also how vendors can use it to stand out in the marketplace. Create social value for their brand.<\/p>\n\n\n\n<p>Integrating these features lets business owners maximize sales and revenue with newly added users. Improvise the social presence and its effect such as we discussed electronic word of mouth.<\/p>\n\n\n\n<p>Social commerce, simply means offering and advertising products to be <a href=\"https:\/\/store.webkul.com\/magento2-facebook-shop.html\" target=\"_blank\" rel=\"noreferrer noopener\">purchased on social media<\/a> or social networking platforms itself. While social commerce involves the collaboration of online vendors and sellers.<\/p>\n\n\n<p>Whereas, Social Shopping is slightly different as it merely involves the collaboration of online shoppers or consumers networking together.<\/p>\n<h2>Social Commerce Development<\/h2>\n<p>Thus,\u00a0that is all about\u00a0the article\u00a0on the Rise and Shift of New Ecommerce &#8211; Social Commerce<strong>. <\/strong><\/p>\n<p>Also, know more about how Webkul can help you in <a href=\"https:\/\/webkul.com\/social-commerce\/\" target=\"_blank\" rel=\"noreferrer noopener\">social commerce development<\/a> for your e-commerce business.<\/p>\n\n\n<p>In case of any queries or more details, kindly contact our team and add a ticket to our <a href=\"https:\/\/webkul.uvdesk.com\/en\/customer\/create-ticket\/\">helpdesk system.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To understand What is Social Commerce? Firstly, analyze yourself do you prefer buying goods online or from a local store? Well, different people may have different tastes and shopping experiences. But one thing that is common in all is word of mouth. Yes, it is a very common practice for every consumer first of all, <a href=\"https:\/\/webkul.com\/blog\/the-rise-and-shift-of-new-ecommerce-social-commerce\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":331,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2047],"tags":[7585,8602,10158,1369,9930,8016,3624,2067,5955],"class_list":["post-280622","post","type-post","status-publish","format-standard","hentry","category-ecommerce-tips","tag-e-commerce-platform","tag-how-to-promote-a-business-on-social-media","tag-opencart-whatsapp-chatbot","tag-payment-gateway","tag-sell-on-instagram","tag-social-chat","tag-social-connect-for-magento2","tag-social-media","tag-website-social-share"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Social Commerce? What&#039;s the future of E-commerce?<\/title>\n<meta name=\"description\" content=\"Utilize Social Commerce-Social Shopping to add users to your platform, integrate social media-based interactive features in E-commerce stores\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/webkul.com\/blog\/the-rise-and-shift-of-new-ecommerce-social-commerce\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Social Commerce? 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