
Episode # 116. On today's show we speak with Mike Lyons- Vice President at Market Performance Group. The focus of our discussion today is understanding what Tik Tok Shop is, how to drive your brand's business in this environment, and services MPG offers to help emerging brands work effectively with Tik Tok Shop. Learn more at www.road2retail.com.
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Among the many interesting points Mike shares about working effectively with the booming Tik Tok Shop marketplace: - We ground the discussion with a definition of social commerce: social commerce = selling through others- Tik Tok Shop is "word of mouth on steroids". Sales on the marketplace have grown from basically zero three years ago to $22B+ in past 12 months- What does it take to be successful on Tik Tok Shop? How does Tik Tok Shop get paid?- What is an affiliate, what do they do for a brand, and how do they get paid?- How MPG works with their clients to help them navigate this constantly evolving marketplace and profitably drive business- A Mets fan Enjoy the show! Please follow to the Road 2 Retail podcast on Apple podcasts, Spotify or our YouTube channel. You can also follow us on LinkedIn. Please share the show with a colleague and leave us a review. Learn more at www.road2retail.com. Want to be on the show? DM us on LinkedIn!Running a retail business means making nonstop decisions—inventory, staffing, marketing, tech. The SKUpe is the weekly newsletter designed to help you make smarter calls, faster.Curated by industry experts, The SKUpe delivers clear, trustworthy insights on what’s working for small and mid-sized retailers today. Join 20,000 owners and operators who rely on it to stay sharp and ahead of the game.Subscribe at t-h-e-s-k-u-p-e dot c-o.