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Est. read: 1 minCNBC

TikTok Shop Accounts for About 2% of U.S. Online Shopping Spending

Consumer Edge data shows that TikTok Shop accounts for about 2% of U.S. online retail spending, exceeding the online spending of major retailers such as Target.

What are the key facts?

  1. 1About 2% of U.S. online retail spending
  2. 2Online spending exceeds that of retailers such as Target
  3. 3Consumer Edge transaction data

What happened?

Transaction data released by consumer data company Consumer Edge shows that TikTok Shop's share of online retail spending in the United States has reached approximately 2%. The data comes from credit and debit card transactions and is used to compare online consumer spending across different retail channels.\n\nThe data shows that TikTok Shop's online spending in the United States has surpassed the performance of the online businesses of traditional major retailers such as Target. The report links this shift to short-video and livestream sales on TikTok Shop, noting that the platform's monthly consumer spending in the U.S. online shopping market has reached a substantial scale.

What does this mean for cross-border sellers?

TikTok Shop is no longer merely a supplementary channel in the U.S.; content-driven sales are competing with traditional retail platforms for actual consumer spending. Treating short videos as one-off campaigns can leave sellers behind those producing content consistently. Highest-priority action: This week, run one short-video test and one livestream test for a key product, and record clicks, adds to cart, and conversions separately.

Source: CNBC

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Compiled by the Niceggie editorial team from public reporting; translation and summary are AI-assisted.

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