Fanatics, a sports platform company, will begin to use livestream shopping to increase sales of trading cards.

 

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.

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