Great Sales Volumn Of Tiktok In 2021 Double Single Day

The incredible rise of tiktok is so shocking in recent years. In someway tiktok changed the way of our daily life. No one would think that an app can change some people's life and work.

With the robust development of it, many people even quit their job and become a blogger, which can really make a lot money and also raise reputation online. What's more, the famous bloggers with huge fans have a great influence power. It totally changed many things not only the ordinary people's life but also the ways of business.
Chinese double single festival just past and for the recent years, the development of e-commerce in china showed the world that the purchase power of Chinese people is so surprising and shocking. So many enterprises sell their products on Tiktok and since the begining of November, the bloggers and enterprised began to sell goods such as skin care products, clothes and daily necessities in their live room, which truly have a big discount and cheaper than before.
I don't know others spend how much money on this shopping festival, but I myself spent almost 6 thousand yuan this time and as far as I know most people especially the young people purchased goods for the whole year and they have to spend several days to receive and open their delivery boxes. Chinese people are so crazy about shopping and purchasing things, believe it or not, which is also an effective way to lighten your stress and feel satisfied with life. 

Data shows that on the first day of the Douyin Double 11 list, among the TOP 10 estimated sales of "cosmetics", domestic brands occupy 4 seats, and the top 10 domestic brands of skin care products won 6 seats. Douyin, a traffic pool with a daily activity of more than 600 million, allows cosmetic brands to find more new possibilities in the Double Eleven promotion.

According to the internal data of Douyin disclosed by the outside world, the e-commerce transaction volume in 2020 is about 150 billion yuan (excluding the second-class e-commerce). Douyin's e-commerce transaction volume in the same period in October 2020 is 1 billion yuan, and the current daily transaction volume has exceeded 3 billion yuan. Dolphin think tank predicts that Douyin's annual GMV this year may reach 800 billion, becoming the biggest dark horse of e-commerce in 2021, whether it is growth rate or absolute increase!