In 2025 live shopping will continue to take over how consumers shop.
Why?
Its gamified.
Gamification adds fun and excitement to the shopping experience, keeping viewers more engaged during livestreams.
Increased sales and revenue: Game-like elements incentivize additional purchases and can lead to higher transaction values.
Improved customer retention: Gamification techniques can increase customer retention rates by up to 40%.
Creating urgency: Limited-time offers and game-like elements spark a sense of FOMO (fear of missing out), driving quicker purchasing decisions.
But at the end of the day the end consumer is getting a steep discount compared to most retailers. Even thrift stores cannot compete with selling a Patagonia Nano Puffer jacket for $1.
I've even seen Armani $1500 Blazers sell for $5, oh wait that was in our show... whoops.
#reselling #whatnot #ebay #thrifting #thrift #resellercommunity
Why?
Its gamified.
Gamification adds fun and excitement to the shopping experience, keeping viewers more engaged during livestreams.
Increased sales and revenue: Game-like elements incentivize additional purchases and can lead to higher transaction values.
Improved customer retention: Gamification techniques can increase customer retention rates by up to 40%.
Creating urgency: Limited-time offers and game-like elements spark a sense of FOMO (fear of missing out), driving quicker purchasing decisions.
But at the end of the day the end consumer is getting a steep discount compared to most retailers. Even thrift stores cannot compete with selling a Patagonia Nano Puffer jacket for $1.
I've even seen Armani $1500 Blazers sell for $5, oh wait that was in our show... whoops.
#reselling #whatnot #ebay #thrifting #thrift #resellercommunity
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- E commerce Ebay
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