UK consumers’ hearty appetite for ecommerce hasn’t extended to social shopping. But there is strong potential for growth as TikTok triggers a new wave of community-driven commerce.
UK consumers’ appetite for ecommerce hasn’t yet extended to social shopping and buying. But there is strong potential for growth. TikTok is leading the charge toward a new wave of community-driven commerce.
3KEY QUESTIONS THIS REPORT WILL ANSWER
How many social buyers are in the UK, and what trends are set to disrupt social commerce?
What do the key platforms offer when it comes to social commerce?
How can retailers and brands succeed in social commerce in 2022 and beyond?
WHAT’S IN THIS REPORT? Our forecast for social buyers in the UK, plus an analysis of consumer attitudes toward social commerce, the latest moves from social platforms, and the trends set to disrupt social shopping.
KEY STAT: There will be 15.1 million social buyers in the UK in 2022. That’s 5.5 million more than in 2019, before the pandemic. But social commerce is still in its infancy: Less than a quarter of the UK population will make purchases via social media this year, despite more than 80% now shopping online.
Here’s what’s in the full report
3files
Exportable files for easy reading, analysis and sharing.
17charts
Reliable data in simple displays for presentations and quick decision making.
3expert perspectives
Insights from industry and company leaders.
Table of Contents
Executive Summary
Key Points
After a Pandemic-Induced Bump, Social Buyer Growth Is Set to Slow
Platform Shopping Appeal Varies Across Generations
What Trends Will Affect Social Commerce in the UK?
5 Ways UK Brands and Retailers Can Succeed at Social Commerce in 2022 and Beyond
UK General Manager, Strategy and Business Development
Interviewed September 13, 2022
Wayne Liu
Perfect Corp.
Chief Growth Officer
Interviewed September 15, 2022
Christina Miller
VMLY&R
Head of Social Media
Interviewed September 2, 2022
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UK consumers’ hearty appetite for ecommerce hasn’t extended to social shopping. But there is strong potential for growth as TikTok triggers a new wave of community-driven commerce.