Fanatics, a sports platform company, will begin to use livestream shopping to increase sales of trading cards.
The
company plans to offer a shopping experience where users can buy
trading cards and other collectibles via curated and personality-driven
content and entertainment.
- The move shows an increasing trend toward this new kind of marketing in the U.S.
- Estimates calculate that the live-stream e-commerce market in the country will reach $32B this year.
- However, the market is yet to reach its potential, as only 31% of adults report having heard of live shopping.
- Fanatics recently raised $700M at a $31B valuation.