NIQ Is Now Tracking Sales on TikTok Shop

Australia News News

NIQ Is Now Tracking Sales on TikTok Shop
Australia Latest News,Australia Headlines
  • 📰 wwd
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Beauty accounts for 84 percent of sales on the channel, NIQ data shows.

Though shoppable social content hasn’t had the same traction stateside that it has in other markets, TikTok has signed on some major initial players, including Benefit Cosmetics, Tarte Cosmetics and K18, which are already reaping rewards.

The top categories on the app are facial skin care, cologne and perfume, lip cosmetics, body lotions and treatments as well as deodorant. “TikTok shop is a rapidly growing platform, and brands and retailers need to understand how their products are performing on it. Our new measurement will provide them with the insights they need to make informed decisions about their TikTok Shop strategies,” said John Busardo, senior vice president and. We use vendors that may also process your information to help provide our services.

WWD and Women's Wear Daily are part of Penske Media Corporation. © 2023 Fairchild Publishing, LLC. All Rights Reserved.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

wwd /  🏆 24. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global EV Sales Hit A Near-Record 1.2 Million Sales In August 2023Global EV Sales Hit A Near-Record 1.2 Million Sales In August 2023In August, global sales of plug-in electric cars exceeded 1.2 million units, which was the third best result ever (almost a new record).
Read more »

Global EV Sales Hit A Near-Record 1.2 Million Sales In August 2023Global EV Sales Hit A Near-Record 1.2 Million Sales In August 2023In August, global sales of plug-in electric cars exceeded 1.2 million units, which was the third best result ever (almost a new record).
Read more »

This Week in Business: Retail sales, home sales, industrial productionThis Week in Business: Retail sales, home sales, industrial productionThe Commerce Department reports on retail sales for September on Tuesday. The Federal Reserve issues its monthly industrial production report, for September, also on Tuesday. The National Association of Realtors issues its home sales report for September on Thursday.
Read more »

Retail sales rise sharply due to strong car sales and higher gas pricesRetail sales rise sharply due to strong car sales and higher gas pricesHoliday-shopping season is fast approaching
Read more »

US retail sales beat expectations in September; core retail sales rise solidlyUS retail sales beat expectations in September; core retail sales rise solidlyU.S. retail sales increased more than expected in September as households boosted purchases of motor vehicles and spent more at restaurants and bars, suggesting the economy ended the third quarter on a strong note.
Read more »

Cutting-edge drones enhance precision in carbon emission trackingCutting-edge drones enhance precision in carbon emission trackingInteresting Engineering is a cutting edge, leading community designed for all lovers of engineering, technology and science.
Read more »



Render Time: 2025-02-28 12:41:40