online business

Harness your Tik Tok content to inspire your audience

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Tiktok Content

It has been well noted the entertainment draw of Tik Tok, with 60% of its users looking for funny or entertaining videos. However, your content can also inspire your audience.

A study by MRC Data and Flamingo, which was commissioned by Tik Tok, found that 43% of users feel inspired to try something new to them after watching the content of it on Tik Tok.

For the content, you create on the platform, utilize this to both draws in potential customers and for user-generated content. Interest your audience with what your product and/or services can do for them and let their inspiration take them onward.

Source: https://sproutsocial.com/insights/tiktok-stats/
https://newsroom.tiktok.com/en-us/new-studies-quantify-tiktoks-growing-impact-on-culture-and-music

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Payments Canada sees record growth in electronic payments 18 Nov

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Payments Canada sees record growth in electronic payments

 

  • In a report by Payment Canada, looking at spending habits of Canadians in 2019/2020, contactless, ecommerce and in-app purchases have risen drastically
  • Analysing the 22 billion transactions made in 2019, which totalled C$9.9 trillion, it saw a drastic rise in online payments, with predictions that the further growth of ecommerce in 2020 will see a further rise
  • Ecommerce sales saw an 86% increase in this time, generating over C$54 million with clothing being the major source

Source : https://www.finextra.com/pressarticle/85026/payments-canada-records-surge-in-electronic-payments

 

 

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UPS opens new delivery hub as it readies for Christmas ecommerce surge 16 Nov

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  • UPS Canada has opened their largest sorting and delivery facility in the country as it looks to prepare for a surge of ecommerce deliveries
  • The 850,000 square foot centre in Caledon, Ontario, is part of a C$500 million Canada investment plan UPS announced in 2018. Its aim is to cover the increase in online deliveries, with higher efficiency and reliability for both customers and suppliers
  • Like with many other delivery companies, including FedEx, UPS Canada is set to see an extremely busy Christmas period, hiring 5000 temporary staff across the country to deal with the demand

Source : https://www.newswire.ca/news-releases/just-in-time-opening-of-new-ups-hub-readies-canada-for-its-holiday-shipping-peak-805991962.html

 

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Canadian shopping boom set to carry on as ecommerce sees record sales 13 Nov

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  • Canada is turning to online sales for groceries and the rapid growth is expected to carry on past the pandemic, as Canadians are drawn in by the convience of online food shopping
  • Retail ecommerce saw sales climb to a record C$3.9 billion in May, according to Statistics Canada, whilst the nations biggest grocery chain, Loblaws has said their own ecommerce sales have increased 175% in the 3rd quarter of this year
  • A survey conducted by Agri-food Analytics Lab saw 15% increase in how many were shopping online for groceries as compared to before the pandemic, with half saying they will continue to do so
  • As more and more Canadians turn to online shopping, companies have taken note. C$12 billion is being committed by companies as they look to increase their infrastructure and delivery reach

Source : https://www.bloomberg.com/news/newsletters/2020-11-13/supply-chains-latest-canada-s-online-shoppers-are-here-to-stay

 

 

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