Amazon Launches TikTok Like Shopping Feature To Tap Biggest Holiday Season
- Oops!Something went wrong.Please try again later.
Amazon.Com, Inc (NASDAQ: AMZN) launched a ByteDance Ltd TikTok-like feature in its app to help customers to buy products from a customized feed of photos and videos.
Amazon launched the feature for select customers and looks to extend it across the U.S. in the coming months, the Wall Street Journal reports.
The portal, which Amazon named Inspire, will show users a continuous feed of photos and videos featuring products that customers can purchase through the app.
Also Read: YouTube, TikTok Scored Over Facebook In Tackling Politically Violent Content, Study Says
Amazon joined Facebook parent Meta Platforms Inc (NASDAQ: META), Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google to capitalize on the popularity of the short-video format.
Amazon has been recruiting influencers as it has built up its social-shopping business.
Oliver Messenger, Amazon’s director of shopping, said in an interview, “Video-based content really helps [customers] to understand the product more.”
The Inspire portal will appear as a lightbulb-shaped icon at the bottom of Amazon’s app.
When customers click on the widget, it will bring them to a feed that displays a stream of images and videos featuring products.
The portal will curate content to shoppers’ interests, growing more attuned over time.
Amazon strategically timed the release of the new future to tap the holiday season rush.
Price Action: AMZN shares traded higher y 1.49% at $89.78 on the last check Thursday.
Photo by Christian Wiediger via Unsplash
See more from Benzinga
Google, Oracle, Amazon And Microsoft Jointly Win US DoD Cloud Contract Worth $9B
Adobe's Belt Tightening Affects Far Lesser Workforce Versus Bigger Peers
Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.