Australia's social e-commerce market has grown 700% in two years!

Australia's social e-commerce market has grown 700% in two years!

According to PayPal 's latest e-commerce index report, Australia's social e-commerce market share has soared in the past two years , with a quarter of people using social media to shop.

 

The report analyses online shopping trends in Australia , particularly e-commerce trends following the pandemic , which has prompted one in six Australians to start regular online shopping, with nearly a third adding items to their carts and waiting for specials or coupons .

 

According to the report, social media shopping spending in Australia has increased by 700% compared to 2019. 25% of Australians said they now use social media to shop , and one in seven Australians shop through social media at least once a month.

 

A quarter ( 25% ) of social commerce shoppers purchase through social channels at least weekly, and over the past two years, social commerce shoppers have spent an average of $106 per month on these channels .

 

As in other markets, younger consumers are driving this shift, with 42% of Gen Z respondents and 30% of Millennials saying they shop through social media.

 

These changes are partly driven by the impact of the epidemic . Due to home restrictions, people spend more time on social media and e-commerce platforms , and e-commerce activities have increased overall. In addition , social media platforms in Australia have also developed significantly in the past two years .

 

Facebook and Instagram launched their "Shop" marketplaces in May last year, allowing retailers to sell products directly to consumers. In November this year , Instagram also introduced a "Shop" tab in its app. In August 2021, TikTok partnered with Shopify to launch product discovery and shopping services, and the e-commerce provider recently integrated with social media startup Linktree.

 

PayPal’s report also highlights that consumers are increasingly considering the environmental and social impact of their purchases, with nearly half ( 46% ) of the 1,053 consumers surveyed saying they would prefer to buy from responsible brands.

 

Research shows that more and more people are trying content subscriptions, with about 28% of Australians signing up for subscription content during the pandemic. Among them, pet supplies, health and mindfulness apps , and toilet paper are popular .


Australia

Social e-commerce

epidemic

<<:  European cosmetics industry is recovering, skin-friendly series are popular

>>:  Surpassing Britain and Germany, Denmark's per capita online shopping amount reaches 2,916 euros!

Recommend

What is Toolots? Toolots Review, Features

Toolots is a subsidiary of Toolots Inc., headquar...

What is PicPay? PicPay Review, Features

PicPay is a mobile payment that is becoming an in...

What is Harry's? Harry's Review, Features

Harry's is an emerging razor and grooming bran...

Walmart offers free online grocery delivery for a limited time

Recently, Walmart announced that it will provide ...

What is EtoSell? EtoSell Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is WhatRunsWhere? WhatRunsWhere Review, Features

WhatRunsWhere is a competitive intelligence servi...

What is Powersport Support? Powersport Support Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is Lunar? Lunar Review, Features

<span data-docs-delta="[[20,{"gallery"...

Black Friday is coming to an end! AliExpress Brazil wins two more awards

Black Friday has come to an end with great succes...

What is NETEVEN? NETEVEN Review, Features

<span data-docs-delta="[[20,{"gallery"...