Best Social Commerce platforms to elevate your business in 2024
Social commerce has transformed from basic social media interactions to a major market force. Expected to hit $8.3 trillion by 2030, shopping features on social platforms have revolutionized business-customer engagement. Here are the top social commerce platforms for thriving in 2024.
Laura Probstnerová
June 6, 2024
Show table of contents
What is Social Commerce?
But first–let's get the definition out of the way. Social commerce integrates e-commerce functionalities within social media platforms, allowing users to discover and purchase products without leaving the app. Unlike traditional e-commerce, which relies on standalone websites, social commerce leverages the social media ecosystem to drive sales. It differs from social media marketing, which focuses on promoting products through posts and ads, by providing a seamless shopping experience directly on the platform.
Top Social Commerce platforms in 2024:
1/ Facebook
Facebook Shops is a comprehensive social commerce tool designed to make online selling easy and accessible. It allows businesses to create customizable online storefronts that are integrated within Facebook and Instagram. With 3 billion monthly active users, Facebook offers unparalleled reach and integration, making it the leader in social commerce.
The Facebook Shop tab features products based on user preferences, facilitating organic brand discovery. Customers can complete purchases within the app or on your website, ensuring flexibility and convenience.
Features
Customizable storefronts: Businesses can create personalized storefronts with custom layouts and branding.
Integrated messaging: Direct communication with customers through Messenger, WhatsApp, and Instagram Direct for seamless customer service.
Cross-platform syncing: Synchronizes with Instagram Shopping for a cohesive shopping experience across both platforms.
Low barrier to entry: Setting up a Facebook Shop is free and accessible directly from a business’s Facebook profile.
Inventory syncing: Easily sync your inventory from partner platforms like Magento, Shopify, and WooCommerce, or upload product information using a spreadsheet.
Advantages
Wide audience reach: With the largest user base among social media platforms, Facebook provides extensive reach for businesses of all sizes.
Advanced Targeting: Facebook’s robust ad targeting capabilities allow businesses to reach specific demographics, interests, and behaviors.
Tips for success
Use Facebook Ads: Invest in targeted ads to reach potential customers based on detailed user data.
Engage with customers: Utilize the integrated messaging features to provide personalized customer service and build relationships.
A study revealed that 85% of online shoppers worldwide have purchased products they discovered on Facebook, highlighting the platform’s significant influence on consumer purchasing behavior. (source)
2/ Instagram
Instagram Shopping allows businesses to create a digital storefront directly on their Instagram profiles. With over 2 billion monthly active users, Instagram is a powerhouse for visually-driven product discovery and sales. The integration of product tags and the “View shop” button enhances discoverability and encourages purchases within the app or on your website.
To set up Instagram Shopping, link your Instagram business account to your Facebook business profile. Upload an existing product catalog or create a new one to start.
Features
Shoppable posts and stories: Businesses can tag products in posts and stories, allowing users to purchase directly from the app.
Product catalogs: Linked to business profiles, product catalogs enable seamless browsing and shopping.
“View shop” button: Enables users to browse all your listings, offering a seamless shopping experience.
Advantages
Visual appeal: Instagram’s emphasis on high-quality visuals makes it ideal for showcasing products, particularly in fashion, beauty, and lifestyle sectors.
Influencer collaboration: The platform’s vast network of influencers can help amplify brand messages and drive sales through authentic endorsements.
Tips for success
Use Facebook Ads: Invest in targeted ads to reach potential customers based on detailed user data.
Engage with customers: Utilize the integrated messaging features to provide personalized customer service and build relationships.
A 2023 survey found that 70% of shopping enthusiasts turn to Instagram for product discovery, making it an essential platform for reaching and engaging customers effectively. (source)
3/ TikTok
TikTok Shopping is revolutionizing social commerce with its engaging, short-form video content that drives product discovery and sales, especially among Gen Z and Millennials.
Features
In-app shopping: Users can purchase products directly within the app, making the buying process quick and convenient.
Live shopping events: Brands can host live shopping events to showcase products and interact with customers in real-time.
Product links: Integration of product links in videos allows for instant purchasing.
Advantages
Viral potential: TikTok’s algorithm promotes viral content, offering brands the chance to reach millions of users quickly.
Creative freedom: The platform encourages creative and authentic content, which can resonate more with younger audiences.
Tips for success
Participate in challenges: Engage with popular challenges and trends to increase visibility.
Collaborate with influencers: Partner with TikTok influencers to create engaging and authentic content that drives sales.
TikTok reports that users are 1.7 times more likely to purchase products they discover on the platform compared to other social networks, showcasing its effectiveness in driving sales. (source)
4/ Pinterest
Pinterest Shopping turns inspiration into action, allowing users to discover and purchase products through visually engaging pins. With 433 million monthly active users, Pinterest is a powerful platform for driving product discovery and sales.
Pinterest users are often searching for specific products and ideas, making them more likely to convert. The platform’s focus on visual discovery ensures that product pins can drive significant traffic to your website.
Features
Product pins: While these are not direct social commerce tools, they simplify the buying journey by redirecting users to product-specific landing pages for purchase completion.
Shopping spotlights: Curated collections that highlight trends and featured products.
Advantages
Intent-driven audience: Pinterest users often search for specific products and ideas, making them more likely to convert.
Long lifespan of content: Pins can drive traffic and sales for months after being posted, unlike other platforms where content quickly becomes outdated.
Tips for success
Create detailed pins: Use high-quality images and thorough descriptions to attract and convert users.
Utilize rich pins: Enhance pins with additional information like pricing and availability to make them more actionable.
Pinterest drives 33% more referral traffic to shopping sites than Facebook, proving its effectiveness in converting visual inspiration into actual purchases. (source)
5/ Snapchat
Snapchat stands out with its innovative augmented reality (AR) shopping experiences, which allow users to try products virtually before buying, making it particularly popular in the beauty and fashion industries.
Features
AR try-on lenses: Users can virtually try on products, such as makeup and accessories, enhancing the shopping experience.
Shoppable Ads: Interactive ads that link directly to product pages.
Shopify integration: Seamless integration with Shopify for easy transaction processing.
Advantages
Immersive experience: AR technology provides a unique and engaging shopping experience that can lead to higher conversion rates.
Youthful audience: Snapchat’s primary user base is young, making it ideal for brands targeting Gen Z and Millennials.
Tips for success
Develop AR lenses: Create interactive AR experiences to engage users and showcase products.
Leverage Shoppable Ads: Use Snapchat’s shoppable ads to drive direct sales from the platform.
With 375 million daily active users and AR lenses being used over 6 billion times per day, Snapchat offers unique engagement opportunities for brands to reach and convert customers. (source)
3 ways Dotidot can help you boost sales on social media
Dotidot stands at the forefront of revolutionizing your brand‘s social commerce strategy. Our platform isn‘t just a tool; it‘s a comprehensive solution designed to seamlessly integrate your webshop with the dynamic world of social media platforms.
First: Optimizing product presentation
We understand the power of first impressions. Our advanced product feed management and categorization tools ensure your products are showcased effectively. We offer an enhanced feed optimization process, ensuring the highest quality of data feeds. This meticulous attention to detail means your products don‘t just appear on social platforms; they stand out.
Second: Image Editor
This tool is a game-changer in marrying data and visual appeal. Our image editor allows for the creation of captivating, hyper-relevant product ads, perfectly aligned for multi-channel social campaigns. It offers dynamic ad customization, ensuring that your ads are not just seen but are memorable.
Our platform guarantees synchronization across channels. With one single Dotidot campaign, you can launch campaigns on both Facebook and Instagram. In the fast-paced world of social commerce, being timely is as crucial as being relevant. Dotidot‘s technology ensures you‘re where your customers are, at the right time, with the right product.
Conclusion
Social commerce platforms are essential tools for businesses aiming to expand their reach and boost sales in 2024. Instagram’s visually-driven marketplace, Facebook’s extensive integration, TikTok’s viral video potential, Pinterest’s inspirational shopping, and Snapchat’s innovative AR experiences each offer unique advantages. By strategically leveraging these platforms, businesses can enhance their online presence, engage with their audience, and drive significant growth, much like Sarah did with her handmade jewelry business.
What is Social Commerce?
But first–let's get the definition out of the way. Social commerce integrates e-commerce functionalities within social media platforms, allowing users to discover and purchase products without leaving the app. Unlike traditional e-commerce, which relies on standalone websites, social commerce leverages the social media ecosystem to drive sales. It differs from social media marketing, which focuses on promoting products through posts and ads, by providing a seamless shopping experience directly on the platform.
Top Social Commerce platforms in 2024:
1/ Facebook
Facebook Shops is a comprehensive social commerce tool designed to make online selling easy and accessible. It allows businesses to create customizable online storefronts that are integrated within Facebook and Instagram. With 3 billion monthly active users, Facebook offers unparalleled reach and integration, making it the leader in social commerce.
The Facebook Shop tab features products based on user preferences, facilitating organic brand discovery. Customers can complete purchases within the app or on your website, ensuring flexibility and convenience.
Features
Customizable storefronts: Businesses can create personalized storefronts with custom layouts and branding.
Integrated messaging: Direct communication with customers through Messenger, WhatsApp, and Instagram Direct for seamless customer service.
Cross-platform syncing: Synchronizes with Instagram Shopping for a cohesive shopping experience across both platforms.
Low barrier to entry: Setting up a Facebook Shop is free and accessible directly from a business’s Facebook profile.
Inventory syncing: Easily sync your inventory from partner platforms like Magento, Shopify, and WooCommerce, or upload product information using a spreadsheet.
Advantages
Wide audience reach: With the largest user base among social media platforms, Facebook provides extensive reach for businesses of all sizes.
Advanced Targeting: Facebook’s robust ad targeting capabilities allow businesses to reach specific demographics, interests, and behaviors.
Tips for success
Use Facebook Ads: Invest in targeted ads to reach potential customers based on detailed user data.
Engage with customers: Utilize the integrated messaging features to provide personalized customer service and build relationships.
A study revealed that 85% of online shoppers worldwide have purchased products they discovered on Facebook, highlighting the platform’s significant influence on consumer purchasing behavior. (source)
2/ Instagram
Instagram Shopping allows businesses to create a digital storefront directly on their Instagram profiles. With over 2 billion monthly active users, Instagram is a powerhouse for visually-driven product discovery and sales. The integration of product tags and the “View shop” button enhances discoverability and encourages purchases within the app or on your website.
To set up Instagram Shopping, link your Instagram business account to your Facebook business profile. Upload an existing product catalog or create a new one to start.
Features
Shoppable posts and stories: Businesses can tag products in posts and stories, allowing users to purchase directly from the app.
Product catalogs: Linked to business profiles, product catalogs enable seamless browsing and shopping.
“View shop” button: Enables users to browse all your listings, offering a seamless shopping experience.
Advantages
Visual appeal: Instagram’s emphasis on high-quality visuals makes it ideal for showcasing products, particularly in fashion, beauty, and lifestyle sectors.
Influencer collaboration: The platform’s vast network of influencers can help amplify brand messages and drive sales through authentic endorsements.
Tips for success
Use Facebook Ads: Invest in targeted ads to reach potential customers based on detailed user data.
Engage with customers: Utilize the integrated messaging features to provide personalized customer service and build relationships.
A 2023 survey found that 70% of shopping enthusiasts turn to Instagram for product discovery, making it an essential platform for reaching and engaging customers effectively. (source)
3/ TikTok
TikTok Shopping is revolutionizing social commerce with its engaging, short-form video content that drives product discovery and sales, especially among Gen Z and Millennials.
Features
In-app shopping: Users can purchase products directly within the app, making the buying process quick and convenient.
Live shopping events: Brands can host live shopping events to showcase products and interact with customers in real-time.
Product links: Integration of product links in videos allows for instant purchasing.
Advantages
Viral potential: TikTok’s algorithm promotes viral content, offering brands the chance to reach millions of users quickly.
Creative freedom: The platform encourages creative and authentic content, which can resonate more with younger audiences.
Tips for success
Participate in challenges: Engage with popular challenges and trends to increase visibility.
Collaborate with influencers: Partner with TikTok influencers to create engaging and authentic content that drives sales.
TikTok reports that users are 1.7 times more likely to purchase products they discover on the platform compared to other social networks, showcasing its effectiveness in driving sales. (source)
4/ Pinterest
Pinterest Shopping turns inspiration into action, allowing users to discover and purchase products through visually engaging pins. With 433 million monthly active users, Pinterest is a powerful platform for driving product discovery and sales.
Pinterest users are often searching for specific products and ideas, making them more likely to convert. The platform’s focus on visual discovery ensures that product pins can drive significant traffic to your website.
Features
Product pins: While these are not direct social commerce tools, they simplify the buying journey by redirecting users to product-specific landing pages for purchase completion.
Shopping spotlights: Curated collections that highlight trends and featured products.
Advantages
Intent-driven audience: Pinterest users often search for specific products and ideas, making them more likely to convert.
Long lifespan of content: Pins can drive traffic and sales for months after being posted, unlike other platforms where content quickly becomes outdated.
Tips for success
Create detailed pins: Use high-quality images and thorough descriptions to attract and convert users.
Utilize rich pins: Enhance pins with additional information like pricing and availability to make them more actionable.
Pinterest drives 33% more referral traffic to shopping sites than Facebook, proving its effectiveness in converting visual inspiration into actual purchases. (source)
5/ Snapchat
Snapchat stands out with its innovative augmented reality (AR) shopping experiences, which allow users to try products virtually before buying, making it particularly popular in the beauty and fashion industries.
Features
AR try-on lenses: Users can virtually try on products, such as makeup and accessories, enhancing the shopping experience.
Shoppable Ads: Interactive ads that link directly to product pages.
Shopify integration: Seamless integration with Shopify for easy transaction processing.
Advantages
Immersive experience: AR technology provides a unique and engaging shopping experience that can lead to higher conversion rates.
Youthful audience: Snapchat’s primary user base is young, making it ideal for brands targeting Gen Z and Millennials.
Tips for success
Develop AR lenses: Create interactive AR experiences to engage users and showcase products.
Leverage Shoppable Ads: Use Snapchat’s shoppable ads to drive direct sales from the platform.
With 375 million daily active users and AR lenses being used over 6 billion times per day, Snapchat offers unique engagement opportunities for brands to reach and convert customers. (source)
3 ways Dotidot can help you boost sales on social media
Dotidot stands at the forefront of revolutionizing your brand‘s social commerce strategy. Our platform isn‘t just a tool; it‘s a comprehensive solution designed to seamlessly integrate your webshop with the dynamic world of social media platforms.
First: Optimizing product presentation
We understand the power of first impressions. Our advanced product feed management and categorization tools ensure your products are showcased effectively. We offer an enhanced feed optimization process, ensuring the highest quality of data feeds. This meticulous attention to detail means your products don‘t just appear on social platforms; they stand out.
Second: Image Editor
This tool is a game-changer in marrying data and visual appeal. Our image editor allows for the creation of captivating, hyper-relevant product ads, perfectly aligned for multi-channel social campaigns. It offers dynamic ad customization, ensuring that your ads are not just seen but are memorable.
Our platform guarantees synchronization across channels. With one single Dotidot campaign, you can launch campaigns on both Facebook and Instagram. In the fast-paced world of social commerce, being timely is as crucial as being relevant. Dotidot‘s technology ensures you‘re where your customers are, at the right time, with the right product.
Conclusion
Social commerce platforms are essential tools for businesses aiming to expand their reach and boost sales in 2024. Instagram’s visually-driven marketplace, Facebook’s extensive integration, TikTok’s viral video potential, Pinterest’s inspirational shopping, and Snapchat’s innovative AR experiences each offer unique advantages. By strategically leveraging these platforms, businesses can enhance their online presence, engage with their audience, and drive significant growth, much like Sarah did with her handmade jewelry business.
