GoodsFox Daily NewsJune 28, 2024 ● BRYG Retinol Essence Becomes a Hit in Thailand on TikTok ● Made by Mitchell's Blush Cream Blursh Sells Well in the UK on TikTok ● Otto to Significantly Increase Seller Fees from August ● Shopify Introduces New AI Feature ● Walmart Announces Largest-Scale Promotion in July 1. BRYG Retinol Essence Becomes a Hit in Thailand on TikTok Source: GoodsFox BRYG Retinol Essence has recently become a hit in the Thai region on TikTok, suitable for sensitive skin. According to GoodsFox data, on June 25, the product's daily sales volume reached 41,629 in the Thai region on TikTok. 2. Made by Mitchell's Blush Cream Blursh Sells Well in the UK on TikTok Source: GoodsFox Made by Mitchell's Blush Cream Blursh is selling well in the UK region on TikTok, with high plasticity, suitable for makeup enthusiasts or beginners. According to GoodsFox data, on June 25, the product's daily sales volume reached 7,566 in the UK region on TikTok. 3. Otto to Significantly Increase Seller Fees from August According to foreign media reports, the German e-commerce platform Otto announced that it will significantly increase seller fees from August: the basic fee for platform sellers will increase from 39.9 euros per month to 99.9 euros. At the same time, the commission structure for some categories will also increase by 1% to 8%. 4. Shopify Introduces New AI Feature Shopify has recently launched a new AI feature: the AI chatbot Sidekick. Sidekick can understand the merchant's products, orders, and customers, helping merchants create discount codes, generate store reports, or propose copywriting ideas, providing decision-making guidance for merchants. 5. Walmart Announces the Largest-Scale Promotion in July According to foreign media reports, Walmart announced that it will hold the largest-scale promotional event in its history, "Walmart Deals," in July. The event will run from 5:00 PM on Monday, July 8, Eastern Time, to 11:59 PM on Thursday, July 11. Users can purchase thousands of products through Walmart's online store and app.
GoodsFox Daily NewsJune 26, 2024 ● Nikorobin Women's Tank Top has recently been a hot seller in the TikTok USA region ● Soliina Underwear Laundry Detergent recently sold in TikTok Vietnam region ● TikTok's parent company ByteDance and Broadcom collaborate on advanced AI chips ● Express and Magalu form partnership ● Amazon Prime Member Day 2024 set for July 16-17 1. Nikorobin women's tank tops have been selling like hotcakes in the US on TikTok lately Source: GoodsFox Nikorobin Women's Tank Top has recently been a hot seller in the US region of TikTok, it's a women's plain crew neck tank top and casual sleeveless summer top. According to GoodsFox data, in TikTok U.S. region, the product reached 6535 daily sales on June 24th. 2. Soliina underwear laundry detergent was recently a hot seller in TikTok Vietnam region Source: GoodsFox Soliina Lingerie Laundry Detergent, a two-bottle set of 400ml bottles of lingerie laundry detergent, has been a hot seller on TikTok Vietnam. According to GoodsFox data, the daily sales of the product reached 30,037 on June 23 in the TikTok Vietnam region. 3. TikTok's parent company ByteDance is working with Broadcom to develop advanced AI chips. TikTok parent company ByteDance is working with U.S. chip designer Broadcom to develop advanced AI processors, a move that will help TikTok secure an ample supply of high-end chips amid tensions between the U.S. and China, according to foreign media reports. 4. Sizzler partners with Magalu Soyobo has entered into a partnership with Magalu, a leading local retailer in Brazil. Soyobo's multinational products will be sold on Magalu's platform, while Magalu will set up a store on Soyobo to promote its local products to global consumers. The partnership opens up new sales avenues for Chinese cross-border merchants on Sizzler, who now have access to a huge marketplace with more than a million active users. 5. Amazon's Prime Member Day 2024 set for July 16-17 Amazon today announced that the 10th annual Amazon Prime Member Day will take place July 16-17 worldwide. This annual shopping event will include multiple countries such as Australia, Brazil, Canada, Egypt, France, Japan, Mexico, Saudi Arabia, Singapore, the United States, and the United Kingdom. The event has become an important way for merchants to increase sales and brand awareness.
GoodsFox Daily NewsJune 25, 2024 ● MAGiC jOHN Cell Phone Stickers have recently become a breakout item in TikTok US region ● The Ordinary Store Toner continues to be a hot seller on TikTok US recently ● TikTok AI Tool Makes a Mistake, Accidentally Speaks Hitler's Words ● TikTok Shop Bans Gambling Attribute Merchandise ● New feature upgrade to Shopify checkout page 1. MAGiC jOHN cell phone stickers have recently become a TikTok U.S. sensation. Source: GoodsFox The MAGiC jOHN cell phone sticker has recently become a TikTok US sensation, claiming to be privacy-protecting, dust-proof, and antibacterial. According to GoodsFox, the product's daily sales reached 63,228 on June 23 in TikTok's U.S. region. 2. The Ordinary Store toner has continued to sell well in the TikTok US region recently Source: GoodsFox The Ordinary Store's Glycolic Acid Toner, which claims to smooth skin texture, even skin tone, and boost radiance with daily use, has recently exploded on TikTok US. According to GoodsFox, daily sales of the product reached 11,490 on June 22 in the U.S. region of TikTok. 3. TikTok AI Tool Mistakes, Accidentally Speaks Hitler's Words TikTok mistakenly posted a link to an internal version of its new AI digital body tool, which is unprotected and allows users to produce almost any content. CNN was the first to spot the problem and discovered that it was possible to make videos of Hitler quotes and more with the tool. TikTok has since taken down that version of the tool. 4. TikTok Shop bans gambling goods TikTok Shop has recently implemented a set of strict regulations for the Southeast Asian market (excluding Thailand): any gambling promotions or sales of gambling-related products are explicitly prohibited, while promotions of a gambling nature like Lucky Spin have also been called off. For blind box products, the platform requires that the specific content and price of the product must be made clear at the time of publication, and the price cannot exceed $100, while merchants are not allowed to combine randomized packages of goods on their own. Merchants who violate these rules will face serious penalties, which may include items being taken off the shelves, content being blocked, and possible legal accountability. 5. Shopify checkout page upgraded with new features Recently, Shopify has upgraded the address autofill feature on the checkout page. Merchants can turn on or adjust the address autofill feature in just a few easy steps in this editor. It makes the checkout faster for customers and simplifies the background management of merchants.
GoodsFox Daily News June 24, 2024 ● Pink Tip Women's Sweatshirt recently became a breakout item in the TikTok US region ● PL Makeup Academy Lip Balm has recently been a hot seller in the TikTok UK region ● TikTok Files First Amendment Lawsuit ● Morgan Stanley forecasts Temu to reach $130 billion in GMV by 2030 ● Massive miscalculation on the eve of Amazon Prime Membership Day 1. Pink Tip Women's Sweatshirt Recently Exploded on TikTok USA A women's solid-color tracksuit from Pink Tip, which includes a sporty zip-up drawstring jacket and high-waisted leggings, has recently exploded on TikTok US. According to GoodsFox, it sold 16,153 units per day on June 20 on TikTok US. 2. PL Makeup Academy Lip Balm recently sold on TikTok UK. PL Makeup Academy Lip Balm has been a recent hit on TikTok UK, helping to repair dry and damaged lips. According to GoodsFox, in the TikTok UK region, the product reached 4,630 daily sales on June 21st and 153,832 in the last 30 days. 3. TikTok Files First Amendment Lawsuit TikTok says the U.S. government failed to adequately consider viable alternatives before pushing through a law that could have banned the platform from being listed in the U.S. TikTok claims it provided the U.S. government with a detailed, multi-hundred-page plan to mitigate national security risks. 4. morgan stanley predicts temu 2030 gmv expected to reach $130 billion Temu is in a critical period of global expansion. Morgan Stanley recently predicted that Temu is on track to be profitable by 2025 at the earliest, and that it has huge potential to grow its GMV to $130 billion by 2030. 5. Massive Misclassification on the Eve of Amazon Prime Membership Day Since June 18, according to the reaction of several Amazon sellers, their on-sale listings were misclassified as children's products, thus affecting normal sales, including accessories, jewelry, home furnishing and other categories of listings are affected.
GoodsFox Daily News June 19, 2024 Grocerism Hand and Foot Cream Sells Out on TikTok U.S., Topping 30,000 Sales in a Single Day! TikTok is introducing some new generative AI tools Gum brands such as Rockjaw promote chin reshaping to men on TikTok Speedway opens pet food category Luxury fashion e-commerce platform Net-a-Porter will withdraw from China 1.Grocerism Hand and Foot Cream Sells Out on TikTok U.S., Topping 30,000 Sales in a Single Day! phphoto from: Goods Fox Grocerism, a hand and foot cream, recently sold out on TikTok US, touting its suitability for hands, feet, and other parts of the body, and its ability to deeply moisturize the skin. According to GoodsFox, the product sold 30,370 units per day on June 17th on TikTok US. 2.TikTok is introducing some new generative AI tools TikTok is introducing some new generative AI tools that aim to help organizations and content creators grow their global audiences using customizable digital avatars and language dubbing features. Building on the Symphony generative AI ad suite unveiled last month, TikTok says these new tools are intended to break down language barriers in marketing and allow brands to “add a human touch to their content” . The first of the new offerings is Symphony Digital Avatars, which are available in two varieties: stock or custom. Stock avatars are based on paid actors from a diverse range of backgrounds, nationalities, and languages. They are available for commercial use. Custom avatars, meanwhile, are created to resemble a specific creator or a brand spokesperson and speak multiple languages — allowing the accounts that utilize them to reach foreign audiences while retaining a specific likeness. Regardless of which type of avatar is used, videos that use them will be marked with an “AI-generated” label. 3. Gum brands such as Rockjaw promote chin reshaping to men on TikTok Chewing gum companies like Rockjaw are telling consumers on TikTok that they don't have to follow a strict facial exercise program, and that simply chewing tough gum will help them reshape their skeletal muscles and make their chins more pronounced. But experts disagree, and even believe that chewing tough gum frequently can lead to a number of risks. 4. Speedway opens pet food category China is one of the world's leading exporters of pet food, which until now could only be exported through traditional trade or bulk stocking in overseas warehouses. In June this year, after the opening of "pet food special line", pet food can be sold overseas for the first time in the form of cross-border parcels, opening up a new channel for domestic pet food to go to sea. 5. Luxury fashion e-commerce platform Net-a-Porter will withdraw from China According to a news release from Fashion Business, several fashion brands recently received a message from Net-a-Porter China: Net-a-Porter's business in China is expected to be liquidated, and the online business will continue until March 2025, when it will stop placing orders with the brand starting with the spring/summer 2025 collection.
Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day
GoodsFox Daily News June 17, 2024 Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day Amazon's European Sites Experience "Free Purchase" Incident Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Shein Hosts Craftsmanship Tool Day Reports Indicate Huge Impact of TikTok on the Beauty Industry 1.Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day "Dad, I Want to Hear Your Story" is a book suitable as a gift for fathers, helping them share their life stories through reading, which is beneficial for promoting family relationships. According to GoodsFox data, on June 12 in TikTok's U.S. region, the product's daily sales reached 18,332, with a 30-day sales volume of 136,294. 2.Amazon's European Sites Experience "Free Purchase" Incident On the evening of June 5, several of Amazon's European sites, such as Turkey, Italy, and the UK, experienced an abnormal product pricing situation. Many merchants' product prices were mistakenly set to very low prices, leading to a frenzy of mass purchases by consumers. This incident has caused economic losses to sellers and greatly affected the upcoming Prime Day sales event. Currently, sellers are anxiously waiting for a solution. 3.Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Recently, Shopee Philippines announced that after June 10, 2024, buyers can apply for in-transit return or refund due to a change of mind. This feature allows buyers to apply for a return or refund for goods orders that have been shipped but have not yet been delivered. 4.Shein Hosts Craftsmanship Tool Day Recently, Shein's Craftsmanship Tool Day was held at its clothing manufacturing innovation research center. During this event, Shein showcased more than 60 self-developed technical tools, covering more than 20 industry processes, along with a series of industry-leading intelligent equipment. Shein is committed to continuously empowering its flexible supply chain through technological innovation, continuously iterating process improvements and optimization to achieve more standardized delivery quality and more lean production processes. According to the latest data, Shein has held 230 full-link supplier training sessions in the past six months, and as of May, has helped nearly 200 partner factories complete the expansion and transformation of 500,000 square meters of factory space. 5.Reports Indicate Huge Impact of TikTok on the Beauty Industry Beauty content is one of the most popular video types on TikTok. According to a report by American media The Verge, TikTok Shop is rapidly becoming a major retailer in the beauty industry. According to a report by Dash Hudson and NielsenIQ, TikTok Shop is currently the ninth largest online beauty and health retailer in the United States and the second largest in the UK. Over the past few months, TikTok Shop has been steadily growing in the industry. According to AdWeek, TikTok Shop has surpassed competitors such as large department stores, small beauty specialty stores, and direct-to-consumer brands.
GoodsFox Daily News June 14, 2024 TikTok Shop's U.S. Summer Promotion Sets Records The U.S. cross-border self-operation model expands merchant recruitment Shein's 2023 revenue reaches $32.2 billion, surpassing Zara and H&M Mercado Livre dominates search volume on Brazilian e-commerce platforms Nearly 10,000 units sold in a single day! This baby and mother product is a hit on TikTok! 1.TikTok Shop's U.S. Summer Promotion Sets Records During this U.S. summer promotion, TikTok Shop's U.S. region GMV broke through three records: single-day GMV in the U.S. region, single-day GMV of short videos on the platform, and single-day live broadcast GMV on the platform. Founder Stormi achieved a single session sales exceeding 1 million U.S. dollars in a recent live broadcast, setting […]
GoodsFox Daily News June 12, 2024 1.The Magic of the Soap Pen that Went Viral on TikTok 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok 4.SHEIN's Semi-Managed Model Officially Launched 5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000 1.The Magic of the Soap Pen that Went Viral on TikTok Soapen is an innovative cleaning product designed in the shape of a crayon. Children can use it to draw patterns on their hands and then wash them clean. This product combines children's education with hygiene. Additionally, Soapen has conducted a series of marketing campaigns on TikTok, featuring product usage instructions, brand stories, user feedback, and more. Its account has over 20,000 followers and 3 million likes, with some videos garnering up to 2.1 million views. 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 The eBay All-Category Seller Recruitment Conference will be held in Guangzhou on June 13. At this event, eBay will focus on AI technology, integrating innovative AI tools and operational ADS advertising for the first time. The platform's full-category recruitment managers will share the latest platform policies, product selection, and operation guides to help sellers better utilize AI technology and the advantages of a full range of categories. The aim is to recruit more sellers with forward-thinking and innovative spirits to join eBay and help businesses expand their cross-border operations. 3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok Alfred Pascual, the Secretary of the Department of Trade and Industry (DTI) of the Philippines, discussed with TikTok in Singapore on June 5 to strengthen the partnership and explore new ways of cooperation to enhance the digital economy of the Philippines. During the meeting, Pascual pointed out that the cooperation with TikTok is a "key step" in promoting the development of the country's e-commerce industry. He stated, "This cooperation will greatly promote the growth and development of the digital market, benefiting businesses, consumers, and the entire economy." TikTok was launched in the Philippines in May 2017 and launched TikTok Shop in April 2022. The platform currently has about 53 million users in the country, with approximately 2 million sellers on TikTok Shop. 4.SHEIN's Semi-Managed Model Officially Launched On June 3, cross-border e-commerce platform SHEIN officially launched its "semi-managed" model. It is reported that over 20,000 merchants are looking forward to SHEIN's semi-managed model. The platform has no performance threshold requirements for sellers, and there are no additional fees for opening a store. The platform also offers exclusive traffic support for the semi-managed model, which has already opened for the American site. 5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000 A responsible person from the Russian e-commerce giant Ozon recently stated that by the end of 2023, the number of sellers on the Ozon platform has reached about 500,000, with more than 100,000 being Chinese sellers, accounting for at least 20%. At the same time, most of these over 100,000 Chinese sellers mainly sell electronic products such as mobile phones, computers, and video cards.
Lululemon's top two things they want to shake off are the label of being "just a yoga pants seller" and the controversial comments of their founder, Chip Wilson. Wilson, is often regarded as the wrecking ball to Lululemon's brand image. In 2013, when a growing trend of fast-fashion brands like Forever 21 and H&M launching plus-size lines and actively engaging in diverse brand narratives, he publicly remarked, ‘Some women's bodies just don't work for yoga pants.’ Facing a barrage of criticism, he hastily stepped down. As the tide of "anti-fat-shaming" intensified, Lululemon's new management team eventually launched a plus-size line and began featuring more plus-size and diverse models prominently on their website. However, Earlier this year, in an interview with Forbes, Wilson once again expressed his disdain for Lululemon's current emphasis on 'diversity’ and ‘inclusivity' , claiming that the brand's definition doesn't need to cater to everyone. Opinions are like […]
2024 Global Ecommerce Website Bestseller List (Jan) is now revealed!!! In 2023, many DTC (Direct-to-Consumer) brands underwent unprecedented changes.Despite a decrease in overall transaction volumes compared to the peak in 2021, numerous brands achieved successful transactions or went public. Well-known brands like Mielle, Great Jones, and Otherland were acquired, while the parent company of Il Makiage and Spoiled Child, Oddity, as well as Birkenstock, applied for initial public offerings. With the arrival of 2024, Goodsfox will focus on the hot-selling products and stores on Ecommerce websites in January. Source:GoodsFox Source:GoodsFox Source:GoodsFox 🌟 January Ecommerce Website New Product Observations: Tank tops, hoodies, outdoor functional shoes, and other products are trending! 👇 According to data from GoodsFox , here are […]