#13 Edition of The Daily Grind

In today’s newsletter:

  • TikTok is where ecommerce is going down: See how this author hoped on the hottest trend made $4million in 30 days on TikTok shop.

  • A.I. is now the #1 industry in Equity Crowdfunding

  • Hyundai and the Saudi’s have teamed up

  • and a fudge ton more….

TikTok is where ecommerce is going down:

For those feeling as though they've missed previous ecommerce waves like dropshipping, TikTok has officially launched its in-app marketplace in the U.S., UK and South East Asia.

The new marketplace offers a new revenue stream that's already showing significant potential.

Keila, creator of the Shadow Work Journal, added her ebook to the TikTok shop and generated a massive $4,000,000 in sales in just the last 30 days.

Unlike Instagram, which has selective vendor policies, TikTok has made its platform accessible to any business located in the U.S., the U.K., or South East Asia. It has also built a creator marketplace for easy affiliation and payment processes.

Here's why TikTok rules the ecommerce game, according to a survey by Business Insider and NT Technology:

  • 42% of users say they’re on TikTok to discover new things and brands.

  • 67% believe that the platform gives them ideas about new brands and products.

  • 57% have been inspired to purchase something they saw on TikTok.

  • 83% say that TikTok played a role in their purchase decision.

Basically, TikTok has built an innovative marketplace where sellers can easily reach out to influencers and give them affiliate fees - all handled through the TikTok infrastructure.

TikTok is giving extra algorithmic push to user-generated content around its Shop and is subsidizing $15-$25 for each customer's first purchase. This subsidy can essentially make products free for consumers and offers a unique incentive for new businesses.

The TikTok shop was fully launched in the U.S. on September 12, 2023. The opportunity is ripe now but may get oversaturated within the next 6-12 months.

Forget legacy platforms; TikTok presents a fresh canvas for initiatives like dropshipping, affiliate marketing, and direct brand creation. TikTok has also announced partnerships with established ecommerce platforms like Shopify and WooCommerce.

This is a massive opportunity to capitalize on the TikTok subsidy and ride the wave of the algorithmic push around TikTok Shop products.

With a less saturated ad market, a hungry audience, and unique perks like algorithmic push and consumer subsidies, TikTok's marketplace offers a fertile ground for ecommerce entrepreneurs to start new ventures.

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A.I. is the #1 industry in Equity Crowdfunding

  • Artificial Intelligence (AI) is a thriving sector in equity crowdfunding, with 24 live companies and an average valuation of $27.0 million.

  • Also having an average 209.1x price to sales.

  • AI companies demonstrate impressive average revenue growth of 298.4%, signifying rapid scaling and increasing revenues.

  • Despite not having the highest valuation, AI's potential for future growth and profitability attracts investors.

  • AI startups have a high monthly burn rate of $229.0k and an average EPS of $-0.08, emphasizing the high-risk, high-reward nature of investments.

  • Some of the top AI startups in equity crowdfunding, based on Hubtas's data and analytics, include Artiy, Clockwork, Momento Labs, and ACME ATRONOMATIC.

  • AI's increasing popularity in equity crowdfunding highlights its potential for future technological advancements.

  • Investors should conduct thorough due diligence to understand the risks and rewards associated with AI investments.

Wanna read more on the topic here’s the link to the original post. Loved the detailed yet short and interesting read.



DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.