14 Tiktok Shop Statistics and Shopping Trends: A Must Know in 2024
TikTok’s influence on shopping habits is becoming more evident. 58.2% of TikTok users said they used the platform for shopping inspiration.
The evolution is clear: while in 2022 only 9.6% of users made purchases through TikTok, that number is predicted to jump to 33.3% in 2023. Moreover, 49% of its users admit that TikTok plays a role in shaping their purchasing choices.ย
Let me share the most crucial TikTok shop statistics and TikTok shopping trends you should be aware of right away. ๐ต๐๏ธ๐
Tiktok Shop Statistics: The Key Data
- 33.3% of TikTok users will make purchases via the platform in 2023, up from 9.6% in 2022, and by 2026, that number will jump to 39.9%.
- TikTok accounts for 30% to 40% of the 80% increase in offline sales from their digital marketing efforts for some brands.
- 78% of small business owners reported that TikTok ads have a positive ROI.
- Consumer spending on TikTok has surpassed $2.5 billion globally.
- TikTok plans to generate up to $20 billion in merchandise sales through TikTok Shop this year, up from $4.4 billion last year.
- 78% of small businesses say TikTok ads drive profits.
- 55% of TikTok users had actually made a purchase after seeing a brand or product on the platform.
- 50% of TikTok users have bought something after watching a TikTok Live.
- 49% of TikTok users say the platform helped them make purchasing decisions.
Tiktok Shopping Trends
- 58.2% of TikTok users said they used the platform for shopping inspiration.
- 39.1% Tiktok users actively look for products to shop in my feeds, stores, etc.
- 48% use Tiktok for information gathering on product purchases.
- 45% of Tiktok users shop based on paid influencer recommendations.
- 55% of TikTok users had actually made a purchase after seeing a brand or product on the platform
Sources:
- How Do TikTok Shoppers Worldwide Shop on TikTok? (% of respondents, Jan 2022) | EMARKETER
- TikTok is driving an offline lift in sales for some brands. | Modern Retail
- 78% of Small Businesses Say TikTok Ads Drive ProfitsโMajority Within 6 Months | Business Wire
- Consumer spending on TikTok has surpassed $2.5 billion globally. #tiktโฆ | TikTok
- TikTok Shop Emerges as Amazon Rival, Powered by Indonesian Boom. | Bloomberg
- Student Beans
- Growing your community with TikTok LIVE. | TikTok For Business Blog
- Nearly Half of TikTokers Purchase From Brands on the App. | Adweek
- Shopping behavior on TikTok 2022 | Statista
- 27 TikTok Stats Marketers Need to Know in 2024 | Sprout Social