On December 6, a U.S. federal appeals court upheld the "ban TikTok unless it’s sold" law, rejecting TikTok’s argument that the legislation violates the First Amendment, which protects free speech.TikTok CEO Shou Zi Chew responded in an internal memo, saying the company will continue fighting to protect free speech on its platform. However, the legal battle is far from over. Earlier this week, TikTok filed an emergency motion with the U.S. Supreme Court to block the ban. The company warned the ban could cost small businesses over $1 billion in revenue and creators nearly $300 million in just one month. Source: TikTok Former President Donald Trump, who previously vowed to protect TikTok, recently shared his thoughts:"And I used TikTok, so […]
2024.11.29 GoodsFox Daily E-commerce News: Rotating Projector Sales Soar with 30,000 Units Sold in Two Weeks Mexico to Impose 16% VAT on Foreign Ecommerce Platforms TikTok Shop UK Drives Black Friday Sales Through Live Shopping Temu Requires GCC Certification for Adult Apparel Sold in the U.S. Shopify Adds Free Shipping Insurance for Sellers 1. Rotating Projector Sales Soar with 30,000 Units Sold in Two Weeks GoodsFox reports that TikTok's US shop Transpeed has achieved phenomenal success with its portable projectors. In the past 30 days, the store sold 38,000 units, including 22,000 units in a single day on November 27. Transpeed’s projectors come with advanced features, including a 180° rotating model with a stand and a WiFi BT 5.0 model with […]
GoodsFox has compiled the latest 2024 data into an insightful guide: GoodsFox | 2024 U.S. E-Commerce Marketing Insights Report. This comprehensive report covers market trends, marketing strategies, and key market analysis. Connect with me on LinkedIn to receive the full version of the report! In this article, we’ll share our key insights and predictions about the U.S. e-commerce market. Key Trends in the U.S. E-Commerce Market 1. The Growing Edge of E-Commerce E-commerce continues to thrive in developed nations due to higher purchasing power and a willingness to pay for quality. However, the trend also leans towards affordability narratives, with platforms like Temu and SHEIN igniting price wars. Even Amazon joined in by launching Amazon Haul, a low-cost store, in […]
The Most Comprehensive Ranking,2023 Top 100 Global DTC Brand Advertisements Revealed !!! In 2023, Chinese enterprises expanded vigorously overseas, causing significant disruptions in the global e-commerce landscape. The persisting economic uncertainty and the intricate and ever-changing foreign trade environment have posed higher demands on cross-border businesses. Looking back at the development trends in the cross-border industry in 2023, what were the key characteristics? Looking ahead to 2024, how can practitioners seize opportunities for predictable growth? At this juncture of the year-end and the beginning of a new year, GoodsFox has completed the "2023 DTC Brand Advertising Top 100" report,covering various categories such as fashion, beauty, jewelry, sports, and outdoor.We aim to assist cross-border practitioners in reviewing the annual dynamics, understanding […]
TikTok has recently announced that it will adopt a closed loop e-commerce system instead of a semi-closed loop system. This means that users will be able to buy and sell products directly within the app, without being redirected to external websites or apps. In this article, we will mainly analyze the reasons why TikTok will adopt closed loop and the impact on online retailers. Source: The Verge 01 What is semi-closed loop and closed loop TikTok’s semi-closed loop is a type of e-commerce system that redirects users to external websites like Shopify, for payment and delivery. Online retailers can drive visitors from TikTok to their website by live-streaming or posting links to their short videos. This means that TikTok […]
TikTok Ads and Facebook Ads are two important tools for digital advertising, each providing distinct ways to reach and engage with audiences. TikTok ads are ideal for reaching younger audiences with creative and entertaining video content, while Facebook ads are ideal for reaching larger and more diverse audiences with various types of content. Source: Vero Understanding the difference of these two platform ads is crucial for advertisers to make and optimize their advertising strategy. By understanding the distinct features, targeting options, ad format and audience characteristics of TikTok ads vs. Facebook ads, businesses can effectively allocate their resources and maximize their advertising efforts. 01 TikTok Ads vs. Facebook Ads: Key Differences Targeting Options: When it comes to targeting options, […]
Digital marketing is a constantly changing and challenging field, where staying on top of the game is vital. TikTok is one of the most widely used platforms for advertising, so marketers and advertisers need to have a cutting edge. That’s why TikTok ad spy tools in 2023 are so useful. These amazing tools enable businesses to learn from valuable data, track their competitors’ tactics, and improve their own advertising campaigns. In this article, we’ll review the best TikTok ad spy tools in 2023, helping you discover the secrets to effective TikTok advertising and giving you a competitive edge in this dynamic landscape. 01 Why use TikTok Ad Spy Tools TikTok Ads spy tools have revolutionized the way marketers approach their advertising strategies. […]
Finding and analyzing your competitors’ TikTok ads is a valuable practice that can help you improve your own advertising strategy on the platform. By doing so, you can gain a competitive edge and grow your brand awareness, engagement, and sales on TikTok. However, finding competitors’ TikTok ads effectively can be challenging. So you can use social media monitoring tools like GoodsFox to track and analyze multiple competitors’ profiles and ads on TikTok. 01 Understanding competitor’s TikTok ads To succeed in the challenging online environment, you need to outperform their rivals and optimize their advertising strategies. A smart way to achieve this is by studying competitors’ TikTok ads. By learning from their tactics and messages, you can discover their methods and […]