SlideShare a Scribd company logo
1 of 2
Download to read offline
Twitter’s ‘Buy now’ button allows users to make purchases without having to leave the
platform
Twitter’s in-beta launch of its much-anticipated e-commerce system took place in collaboration
with selected partners including fashion house Burberry and music artists such as Eminem, Rihanna
and Pharrell Williams.
Tweets from chosen partners – which also included a number of not-for-profit organisations –
appeared in their followers’ smartphone Twitter feeds with an embedded ‘Buy now’ button, which
enabled users to act on their impulse to purchase immediately.
Those using the Twitter apps for Android and iOS are prompted to enter payment and shipping
information the first time they click to buy, which Twitter then stores securely for their future
purchases.
While most e-commerce facilitators receive a fee per transaction, Twitter’s ‘Buy Now’ model will
not cost the brands or artists anything – at least to begin with.
“We’re starting small,” said Nathan Hubbard, Twitter’s head of commerce. “It will start with a small
percentage of our user base, and with brands that have done innovative things on the platform in the
past, but we expect to ramp it up in the coming weeks.”
To begin with, only selected Twitter users in the US will have access to the service as Hubbard and
his team aim to perfect their onboarding experience. But, ever since Hubbard joined Twitter in
2013, he’s made it clear that entering the world of e- commerce is key.
The launch follows in the wake of a successful first few months for Amazon’s own solution –
#AmazonCart – and an older similar purchase-via-hashtag experiment launched by American
Express in 2013.
In short, social media is perceived to be perhaps the only platform where fun, discovery, brand
engagement and purchase can occur together. Monetising these platforms is the holy grail for digital
retailers, who recognise the power it could have in terms of direct referrals and peer-to-peer
advocacy.
Whether or not it will ever really get off the ground is open to debate, as weekly British advertising
magazine Campaign discovered:
"It will work if users are offered the opportunity to get first dibs on new products" said Yelena
Gaufman, head of planning at Havas Worldwide UK. "As a personal news service, Twitter's new
button could marry the benefits of first-to-know with first-to- buy.”
"The kind of items we are likely to buy from a tweet will be low-value impulse purchases," said Liz
Faber, SapientNitro's social strategy lead for the EU. "They launched with Burberry – who are
brilliant digital storytellers – during London Fashion Week. What could you buy? Nail polish."
A report from comScore on mobile app usage in the US (released in late September 2014) revealed
that while Amazon and eBay form part of the 'big six' (alongside Facebook, Google, Apple and
Yahoo), just 5% of smartphone-users' time is actually spent on retail apps.
Instinctively it seems that, while social media platforms such as Twitter have made themselves an
essential part of daily life for people of many ages (and especially millennials), they will need to
connect to these retail opportunities in order to monetise their services, and thus justify their huge
financial valuations.
For many, the jury is still out. Watch this space.

More Related Content

What's hot

Proximity Insight - Dynamic Clienteling
Proximity Insight - Dynamic ClientelingProximity Insight - Dynamic Clienteling
Proximity Insight - Dynamic Clienteling
Steve Orell
 

What's hot (19)

From Social Media to Social Commerce & Connected Commerce
From Social Media to Social Commerce & Connected CommerceFrom Social Media to Social Commerce & Connected Commerce
From Social Media to Social Commerce & Connected Commerce
 
US Top 100 Retail Companies (2017 data)
US Top 100 Retail Companies (2017 data)US Top 100 Retail Companies (2017 data)
US Top 100 Retail Companies (2017 data)
 
Social Commerce Trend - Digital Digest
Social Commerce Trend - Digital Digest Social Commerce Trend - Digital Digest
Social Commerce Trend - Digital Digest
 
Retail vs. Digital
Retail vs. DigitalRetail vs. Digital
Retail vs. Digital
 
Building Business Models Around E-Commerce and Augmented Reality
Building Business Models Around E-Commerce and Augmented RealityBuilding Business Models Around E-Commerce and Augmented Reality
Building Business Models Around E-Commerce and Augmented Reality
 
Building Business Models Around E-Commerce and Augmented Reality
Building Business Models Around E-Commerce and Augmented RealityBuilding Business Models Around E-Commerce and Augmented Reality
Building Business Models Around E-Commerce and Augmented Reality
 
Lighting talk: Shoppable content, the future of ecommerce
Lighting talk: Shoppable content, the future of ecommerceLighting talk: Shoppable content, the future of ecommerce
Lighting talk: Shoppable content, the future of ecommerce
 
Som 702 mc daniel live streaming
Som 702 mc daniel live streamingSom 702 mc daniel live streaming
Som 702 mc daniel live streaming
 
Not All Data is Created Equal
Not All Data is Created EqualNot All Data is Created Equal
Not All Data is Created Equal
 
WeChat Ecommerce Map
WeChat Ecommerce MapWeChat Ecommerce Map
WeChat Ecommerce Map
 
Whats trending in digital in 2020
Whats trending in digital in 2020Whats trending in digital in 2020
Whats trending in digital in 2020
 
What's Next: Social Media Trends 2020
What's Next: Social Media Trends 2020 What's Next: Social Media Trends 2020
What's Next: Social Media Trends 2020
 
Live Commerce - Zia Daniell Widger
Live Commerce - Zia Daniell WidgerLive Commerce - Zia Daniell Widger
Live Commerce - Zia Daniell Widger
 
7 Effective B2B Ecommerce Trends of 2018
7 Effective B2B Ecommerce Trends of 20187 Effective B2B Ecommerce Trends of 2018
7 Effective B2B Ecommerce Trends of 2018
 
5. Social Commerce Platforms - Markus Karlsson, Comrz
5. Social Commerce Platforms  - Markus Karlsson, Comrz5. Social Commerce Platforms  - Markus Karlsson, Comrz
5. Social Commerce Platforms - Markus Karlsson, Comrz
 
Top 13 eCommerce Trends for 2018
Top 13 eCommerce Trends for 2018Top 13 eCommerce Trends for 2018
Top 13 eCommerce Trends for 2018
 
Digital As Of 2020 And COVID-19
Digital As Of 2020 And COVID-19Digital As Of 2020 And COVID-19
Digital As Of 2020 And COVID-19
 
Proximity Insight - Dynamic Clienteling
Proximity Insight - Dynamic ClientelingProximity Insight - Dynamic Clienteling
Proximity Insight - Dynamic Clienteling
 
Retail trends outlook 2015 : Now and Next
Retail trends outlook 2015 : Now and Next Retail trends outlook 2015 : Now and Next
Retail trends outlook 2015 : Now and Next
 

Similar to Twitter Article

HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
HBA PPT_2012_Slideshare Updated.ppt (Read-Only)HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
Jamie Cid
 
2009 03-07 comment les marchés communique
2009 03-07 comment les marchés communique2009 03-07 comment les marchés communique
2009 03-07 comment les marchés communique
ADN Marketing
 
New Era of Social Media
New Era of Social MediaNew Era of Social Media
New Era of Social Media
Shane Weaver
 
Social Shopper Marketing – Walmarts Elevenmoms
Social Shopper Marketing – Walmarts ElevenmomsSocial Shopper Marketing – Walmarts Elevenmoms
Social Shopper Marketing – Walmarts Elevenmoms
BSI
 
2019: A Carat Perspective
2019: A Carat Perspective2019: A Carat Perspective
2019: A Carat Perspective
Tess Murphy
 

Similar to Twitter Article (20)

Social Shopping
Social ShoppingSocial Shopping
Social Shopping
 
Building brands through social e commerce
Building brands through social e commerce Building brands through social e commerce
Building brands through social e commerce
 
Top 9 Most Important Social Media Trends for 2023.pdf
Top 9 Most Important Social Media Trends for 2023.pdfTop 9 Most Important Social Media Trends for 2023.pdf
Top 9 Most Important Social Media Trends for 2023.pdf
 
The Data Driven Approach To Making The Most Of Social Media
The Data Driven Approach To Making The Most Of Social MediaThe Data Driven Approach To Making The Most Of Social Media
The Data Driven Approach To Making The Most Of Social Media
 
What's Next: Social Commerce - from transaction to truly social
What's Next: Social Commerce - from transaction to truly socialWhat's Next: Social Commerce - from transaction to truly social
What's Next: Social Commerce - from transaction to truly social
 
Frontier(less) Retail – Executive Summary
Frontier(less) Retail – Executive SummaryFrontier(less) Retail – Executive Summary
Frontier(less) Retail – Executive Summary
 
Top 10 Social Commerce Platforms- [Updated 2022].pdf
Top 10 Social Commerce Platforms- [Updated 2022].pdfTop 10 Social Commerce Platforms- [Updated 2022].pdf
Top 10 Social Commerce Platforms- [Updated 2022].pdf
 
The New Retail
The New RetailThe New Retail
The New Retail
 
HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
HBA PPT_2012_Slideshare Updated.ppt (Read-Only)HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
HBA PPT_2012_Slideshare Updated.ppt (Read-Only)
 
2009 03-07 comment les marchés communique
2009 03-07 comment les marchés communique2009 03-07 comment les marchés communique
2009 03-07 comment les marchés communique
 
New Era of Social Media
New Era of Social MediaNew Era of Social Media
New Era of Social Media
 
Digital Marketing 2011
Digital Marketing 2011Digital Marketing 2011
Digital Marketing 2011
 
Digital Landscape
Digital LandscapeDigital Landscape
Digital Landscape
 
May 2018 Trend Report
May 2018 Trend ReportMay 2018 Trend Report
May 2018 Trend Report
 
Social Shopper Marketing – Walmarts Elevenmoms
Social Shopper Marketing – Walmarts ElevenmomsSocial Shopper Marketing – Walmarts Elevenmoms
Social Shopper Marketing – Walmarts Elevenmoms
 
Can amazon upend the luxury sector?
Can amazon upend the luxury sector?  Can amazon upend the luxury sector?
Can amazon upend the luxury sector?
 
2019: A Carat Perspective
2019: A Carat Perspective2019: A Carat Perspective
2019: A Carat Perspective
 
2019: A Carat Perspective
2019: A Carat Perspective2019: A Carat Perspective
2019: A Carat Perspective
 
Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live ...
Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live ...Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live ...
Digital Marketplaces Could Solve a Huge Problem For Wholesale Buyers at Live ...
 
Prominent Destination for a Customized Thesis Help.pdf
Prominent Destination for a Customized Thesis Help.pdfProminent Destination for a Customized Thesis Help.pdf
Prominent Destination for a Customized Thesis Help.pdf
 

Twitter Article

  • 1. Twitter’s ‘Buy now’ button allows users to make purchases without having to leave the platform Twitter’s in-beta launch of its much-anticipated e-commerce system took place in collaboration with selected partners including fashion house Burberry and music artists such as Eminem, Rihanna and Pharrell Williams. Tweets from chosen partners – which also included a number of not-for-profit organisations – appeared in their followers’ smartphone Twitter feeds with an embedded ‘Buy now’ button, which enabled users to act on their impulse to purchase immediately. Those using the Twitter apps for Android and iOS are prompted to enter payment and shipping information the first time they click to buy, which Twitter then stores securely for their future purchases. While most e-commerce facilitators receive a fee per transaction, Twitter’s ‘Buy Now’ model will not cost the brands or artists anything – at least to begin with. “We’re starting small,” said Nathan Hubbard, Twitter’s head of commerce. “It will start with a small percentage of our user base, and with brands that have done innovative things on the platform in the past, but we expect to ramp it up in the coming weeks.” To begin with, only selected Twitter users in the US will have access to the service as Hubbard and his team aim to perfect their onboarding experience. But, ever since Hubbard joined Twitter in 2013, he’s made it clear that entering the world of e- commerce is key. The launch follows in the wake of a successful first few months for Amazon’s own solution – #AmazonCart – and an older similar purchase-via-hashtag experiment launched by American Express in 2013. In short, social media is perceived to be perhaps the only platform where fun, discovery, brand engagement and purchase can occur together. Monetising these platforms is the holy grail for digital
  • 2. retailers, who recognise the power it could have in terms of direct referrals and peer-to-peer advocacy. Whether or not it will ever really get off the ground is open to debate, as weekly British advertising magazine Campaign discovered: "It will work if users are offered the opportunity to get first dibs on new products" said Yelena Gaufman, head of planning at Havas Worldwide UK. "As a personal news service, Twitter's new button could marry the benefits of first-to-know with first-to- buy.” "The kind of items we are likely to buy from a tweet will be low-value impulse purchases," said Liz Faber, SapientNitro's social strategy lead for the EU. "They launched with Burberry – who are brilliant digital storytellers – during London Fashion Week. What could you buy? Nail polish." A report from comScore on mobile app usage in the US (released in late September 2014) revealed that while Amazon and eBay form part of the 'big six' (alongside Facebook, Google, Apple and Yahoo), just 5% of smartphone-users' time is actually spent on retail apps. Instinctively it seems that, while social media platforms such as Twitter have made themselves an essential part of daily life for people of many ages (and especially millennials), they will need to connect to these retail opportunities in order to monetise their services, and thus justify their huge financial valuations. For many, the jury is still out. Watch this space.