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.
3 KEY QUESTIONS THIS REPORT WILL ANSWER
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.
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First Published on Nov 3, 2022
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