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Kristen Schwab

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2210 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
QVC wants to be the next TikTok Shop

Oh, Crystal.

Marketplace
QVC wants to be the next TikTok Shop

Krystal is posing in a staged living room wearing a bright yellow tracksuit.

Marketplace
QVC wants to be the next TikTok Shop

And the content isn't so different from what you might find on TikTok, the leading social shopping destination by sales.

Marketplace
QVC wants to be the next TikTok Shop

Kim Kardashian was on the platform selling her Skims brand back in December.

Marketplace
QVC wants to be the next TikTok Shop

At its peak, 30,000 people tuned in.

Marketplace
QVC wants to be the next TikTok Shop

Yes.

Marketplace
QVC wants to be the next TikTok Shop

Live social shopping is kind of like QVC on steroids.

Marketplace
QVC wants to be the next TikTok Shop

Skye Canavis, a retail and e-commerce analyst at eMarketer, says sales flash on the screen, brands drop limited edition merchandise.

Marketplace
QVC wants to be the next TikTok Shop

It's a bit more in the moment, and there's less friction to buy.

Marketplace
QVC wants to be the next TikTok Shop

Shoppers can click on links in TikTok and check out directly on the platform.

Marketplace
QVC wants to be the next TikTok Shop

And people are engaged.

Marketplace
QVC wants to be the next TikTok Shop

Canavis expects TikTok shop sales to hit $23 billion in 2026.

Marketplace
QVC wants to be the next TikTok Shop

A pretty impressive stat, considering the shopping feature was only introduced on TikTok a couple years ago.

Marketplace
QVC wants to be the next TikTok Shop

Katie Hansen, a retail and e-commerce analyst at Mintel, says the products that sell best on social tend to be more affordable goods.

Marketplace
QVC wants to be the next TikTok Shop

But in general, Hansen doesn't expect social shopping to dominate retail the way it does in Asia.

Marketplace
QVC wants to be the next TikTok Shop

Social commerce in the U.S.

Marketplace
QVC wants to be the next TikTok Shop

is more about discovering new products and brands.

Marketplace
QVC wants to be the next TikTok Shop

On social media, online through a website, and in person.

Marketplace
QVC wants to be the next TikTok Shop

I'm Kristen Schwab for Marketplace.

Marketplace
How's that grocery bill looking?

In recent years, there's been a lot of turmoil among specific food commodities.