Live Shopping is a marketing strategy where a host, usually an influencer or celebrity, promotes a product through a live video. Similar to home shopping television shows in which an individual demonstrates how to use an item, the interaction between the host and the audience takes place entirely live, as the name suggests. Gamified content, including promotions and prizes, is typically offered to audiences throughout a live stream, but only for a limited duration. Livestream shopping is particularly effective because of the sense of urgency created by scarcity or limited availability. What’s more, the larger the audience, the greater the fear of missing out on a potentially good deal.
Meta AI is Rolling Out in Europe
The tech giant Meta revealed this week that its conversational AI tool will be deployed across 41 European countries, including those in the European Union, as well as 21 overseas territories – marking their largest global expansion of Meta AI to date.