TikTok Shop Is Booming In Malaysia
Jayson 04 Jan 2024 09:15
TikTok Shop officials recently announced that since the launch of TikTok Shop Malaysia in early 2022, it has gathered more than 1 million sellers and 1.7 million co-creators, and these sellers and creators are also gaining value through TikTok Shop.
At the same time, the official also summarized the four most common misunderstandings about TikTok Shop and responded to them, namely:
At the same time, TikTok Shop is being chosen by more sellers in Malaysia. Under such circumstances, TikTok has recently launched the Malay TikTok Shop Mall brand mall. In about a week after going online, the sales of many products have skyrocketed, and the new sales of the store with the highest ranking in the sales list have even increased by more than 1,000%.
For sellers, according to statistics, the sales of TikTok Shop Malaysian sellers increased by nearly 50% in the second quarter of this year. In terms of quantity, the number of sellers entering TikTok Shop in the first half of this year also increased by 78%.
At the same time, the official also summarized the four most common misunderstandings about TikTok Shop and responded to them, namely:
- Predatory pricing practiced by TikTok Shop affects other entities and local businesses
- Products sold on TikTok Shop are counterfeit and misleading
- Personal data privacy will be at risk on TikTok Shop platform
- TikTok Shop's algorithm only promotes big brands, not up-and-coming local stores
At the same time, TikTok Shop is being chosen by more sellers in Malaysia. Under such circumstances, TikTok has recently launched the Malay TikTok Shop Mall brand mall. In about a week after going online, the sales of many products have skyrocketed, and the new sales of the store with the highest ranking in the sales list have even increased by more than 1,000%.
For sellers, according to statistics, the sales of TikTok Shop Malaysian sellers increased by nearly 50% in the second quarter of this year. In terms of quantity, the number of sellers entering TikTok Shop in the first half of this year also increased by 78%.
