Social commerce is now a top investment priority for retailers, with a hefty 91% of APAC retailers planning to either increase or maintain their current level of investment in this space. This shows a growing understanding that social platforms have evolved far beyond mere marketing channels, turning into powerful sales ecosystems that retailers can leverage.
If the TikTok app gets banned, brands and users will have to quickly shift strategies, with strong contenders being Meta's Instagram Reels and YouTube Shorts. The competition could definitely take advantage of TikTok's absence.