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The social networking giant has launched <keyword id="9259832" type="UNKNOWN" weightage="20" keywordseo="facebook-shop">Facebook Shop</keyword> on its main app, just like Instagram, that will help businesses showcase their products for billions of users to buy. <div type="Article" hostid="261" msid="76847505" title="Instagram begins testing 'Shops' feature with select users" mstype="2" mssubtype="0"></div> <keyword id="6354576" type="UNKNOWN" weightage="20" keywordseo="facebook">Facebook</keyword> also announced to expand checkout feature on Instagram to all US businesses and creators. Checkout helps users shop inside Instagram or Facebook without leaving the app and remembers your payment information. "We're also making Shops available to any eligible business and adding customization features, messaging and new insights," the company said in a statement late on Tuesday. "With Live Shopping, we're making it easier for people to shop in real time. We've been testing this feature on both Facebook and Instagram," it added. Facebook Live Shopping includes new features to help businesses easily set up a live experience featuring products from their Shop and sell directly from the video. <keyword id="9824868" type="UNKNOWN" weightage="20" keywordseo="instagram-live-shopping">Instagram Live Shopping</keyword> is now available to all businesses and creators using checkout in the US. During the Covid-19 pandemic, the shift to online shopping has rapidly accelerated, with an estimated 85 per cent of people worldwide now shopping online. Facebook Shop is now being testing in the US. The company launched a complementary shopping destination on Instagram in July, called Instagram Shop, where people can discover and buy products from creators and brands, all in one place. Facebook said it is waiving "selling fees for businesses through the end of the year" to reduce the cost of doing business online, especially given the current economic crisis. Messaging through Shops combines the in-store experience of being able to ask a salesperson questions with the convenience of online shopping. Messaging allows businesses to provide personalized assistance so people can make more informed decisions about their purchase. "Customers can view products right within the chat, making it easy to share products with friends and family to get feedback before making a purchase. We're testing this feature on Messenger and Instagram Direct now, and will start testing it on WhatsApp soon," the company said. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-wants-to-increase-data-prices-to-100-per-gb-sunil-mittal-asks-subscribers-to-prepare-to-pay-a-lot-more/articleshow/77734318.cms">Airtel wants to increase data prices to ₹100 per GB, Sunil Mittal asks subscribers to ‘prepare to pay a lot more’</a> <a href="https://www.businessinsider.in/defense/news/india-military-options-against-china-explained-by-experts/articleshow/77743778.cms">Experts explain India’s 'military options' against China</a> <a href="https://www.businessinsider.in/finance/banks/news/icici-bank-is-looking-to-pump-out-more-kisan-credit-cards-with-satellite-data-and-machine-learning-at-its-side/articleshow/77741696.cms">ICICI Bank will now use satellite data to determine whether or not to give out farm loans in India</a>

Facebook Shop is now live on the mobile app for US users

There are certain times of the year when shopping becomes a religion. While in India, retailers observe high volume of sales in the Diwali, Id and Durga Puja season, the rest of the world shops more during Thanksgiving, Hanukkah, Christmas and holiday season. <a href="https://www.sociomantic.com/">Sociomantic</a> has come up with an interesting infographic that depicts how much people shop and spend on these special occasions. Check it out!

Here’s how people around the world
shop during holidays

It’s been a long-standing perception that women spend more on fashion, so much so that men are almost excused when it comes to fashion shopping. However, the time has come that this this perception be changed. 
 
Also read: <a href="http://www.businessinsider.in/If-you-love-cashbacks-these-five-apps-are-for-you/articleshow/53441375.cms">The five best cashback apps in India</a> 
 
A survey of India's top fashion-focused ecommerce platforms has shown that men are bigger spenders on fashion as compared to <a href="http://www.businessinsider.in/Women-are-massively-overpaying-for-a-common-purchase/articleshow/52858337.cms">women</a>. 
 
What men shop includes higher value items than women, so even if the length of their shopping list is less, it makes them surpass women in terms of money spent. Fashion portals like Myntra, <a href="http://www.businessinsider.in/Flipkart-CEO-informs-employees-of-Jabong-acquisition-with-a-mail/articleshow/53417554.cms">Jabong </a>and Abof were a part of this survey, as reported by <a href="http://economictimes.indiatimes.com/industry/services/retail/men-splurge-more-on-higher-value-fashion-items-than-women-on-online-portals-myntra-abof-and-others/articleshow/53442669.cms">ET</a>. 
 
"Men shop for higher-value items than women, about 40 per cent higher in footwear and 10 per cent higher in clothing. This is because men are more inclined towards buying branded products compared to women where purchases are higher in non-branded section," a Flipkart spokesperson confirmed. 
 
The reason, one might think, is the convenience of shopping from the comfort of your home, without having to take out time to go to the markets or <a href="http://www.businessinsider.in/Model-Shops-and-Establishments-Act-2015/articleshow/52972408.cms">malls </a>to shop. Another reason could be the increasing <a href="http://www.businessinsider.in/The-way-we-buy-things-online-is-on-the-verge-of-a-revolution/articleshow/52892375.cms">trend </a>amongst men to be fashion-conscious. 
 
Also read: <a href="http://www.businessinsider.in/The-only-pants-men-should-wear-in-the-summer/articleshow/53068175.cms">The only pants men should wear in the summer</a> 
 
<a href="http://vignette2.wikia.nocookie.net/p__/images/1/1d/Alvin's_sheepish_smile.jpg/revision/latest?cb=20150303154910&amp;path-prefix=protagonist">Image source</a>

Finally, the truth unveiled! Men spend more on online shopping than women

San Francisco, E-commerce platform <keyword id="1715801" type="COMPANY" weightage="20" keywordseo="Shopify">Shopify</keyword> has partnered with <keyword id="6354576" type="UNKNOWN" weightage="20" keywordseo="facebook">Facebook</keyword> to bring its checkout and payment processing system -- <keyword id="10737731" type="COMPANY" weightage="20" keywordseo="shop-pay">Shop Pay</keyword> -- to Facebook and <keyword id="819905" type="COMPANY" weightage="20" keywordseo="Instagram">Instagram</keyword>. The <keyword id="6372721" type="COMPANY" weightage="20" keywordseo="shop">Shop</keyword> Pay option will first be available to Instagram <keyword id="66720" type="PERSON" weightage="20" keywordseo="users">users</keyword> and will roll out on Facebook Shops, the social media company's platform for small businesses, in the next few weeks. Consumers will be able to use Shop Pay to complete purchases, expanding on existing options to use PayPal or manually enter <keyword id="6354680" type="UNKNOWN" weightage="20" keywordseo="credit">credit</keyword> or debit card information. All these methods are offered via the Facebook Pay payment system, The Wall Street Journal reported on Tuesday. Shop Pay also helps users track a package via the Shop app, offers the option to pay in instalments and promises to offset the carbon emissions associated with each delivery, the company said. Shop Pay, which stores credit card and shipping information to speed online checkout, hasn't previously been available outside the e-commerce stores of Shopify clients. Shop Pay is designed to reduce purchase friction and make it easier to buy something without entering credit card or shipping information for every order. It has 60 million global users, Shopify said in its latest quarterly earnings report. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/realme-smart-watch-s-pro-review-and-details-of-features/articleshow/80779962.cms">Realme Watch S Pro review – nailing the important features but the basics need more work</a> <a href="https://www.businessinsider.in/tech/news/what-is-facial-recognition-technology-and-how-india-is-using-it-to-track-down-protestors-and-individuals/articleshow/80782606.cms">India is ramping up the use of facial recognition to track down individuals without any laws to keep track of how this technology is being used</a> <a href="https://www.businessinsider.in/business/auto/news/heres-how-global-electric-car-makers-are-tweaking-their-models-to-make-it-viable-for-indian-roads/articleshow/80780009.cms">Here's how global electric car makers are tweaking their models to make it viable for Indian roads</a>

Shopify partners with Facebook to bring Shop Pay to Instagram

<ul class="summary-list"><li>Ulta, Kroger, and Guess are among the retailers offering deals this upcoming weekend as part of the <keyword id="10058116" type="UNKNOWN" weightage="60" keywordseo="10-10-shopping-festival">10.10 Shopping Festival</keyword>. </li><li>The goal of the new event is to entice shoppers to start their holiday gift-buying earlier than usual. </li><li>In a year marred by the <keyword id="1754604" type="PERSON" weightage="60" keywordseo="coronavirus">coronavirus</keyword> pandemic, retailers are concerned a logistical nightmare could ensue if too many people leave their <keyword id="847717" type="PERSON" weightage="60" keywordseo="Holiday-Shopping">holiday shopping</keyword> until the last minute.</li></ul>A group of retailers are signing up for a shopping event that hopes to save a holiday season unlike any before. Ulta, Kroger, and Guess are among the stores that will be offering deals as part of the new 10.10 Shopping Festival, which runs from October 9 to October 12. The <a href="https://www.businessinsider.com/deals-discounts-october-10-save-holiday-shopping-2020-9">name of the event is a nod</a> to China's massive Singles' Day shopping event, which happens on November 11 (11/11) each year. Created by Coresight Research, rewards app Shopkick, and fashion marketplace Fashwire, the goal of the 10.10 Shopping Festival is to entice shoppers to start their holiday gift-buying earlier and spread it out over a longer period of time than usual. Thanksgiving weekend is the traditional kick-off of the holiday shopping season. But this year, the ongoing coronavirus pandemic has thrown a wrench in the usual schedule.<a href="https://www.businessinsider.com/holiday-shopping-could-bring-issues-for-retailers-execs-2020-8">Retailers are beginning to warn</a> that their systems could become overloaded and customers could face order delays close to the holidays. Shipping volumes <a href="https://www.reuters.com/article/us-health-coronavirus-retail-shipping/fearing-shipping-crunch-retailers-set-earliest-ever-holiday-sale-plans-idUSKBN25H158">have been unusually high</a> as consumers opt to shop online and largely stay at home amid the ongoing coronavirus pandemic. If more people are shopping around the same time due to the holidays, the problem could get worse. Shoppers who buy from participating retailers — both online and in stores — during the 10.10 festival can earn rewards in the form of "kicks," which can then be redeemed for gift cards or donated to charities including St. Jude Children's Research Hospital, Pink Aid, Retailers United, Soles4Souls, The Mayor's Fund to Advance New York City, and the Breast Cancer Research Fund.Fashwire will also be highlighting participating designers in a curated shop. "The extra time before December will help alleviate every retailer's nightmare in a year involving skyrocketing online sales: order processing, fulfillment, and shipment delays," Coresight CEO and founder Deborah Weinswig said in a press release."The timing, coupled with what we've learned from Alibaba's Singles' Day — a newly created shopping holiday that turned into a resounding success for the Chinese <keyword id="6354851" type="UNKNOWN" weightage="100" keywordseo="retail">retail</keyword> platform — are key aspects of our decision to band together to create this event."In 2019, <a href="https://www.businessinsider.com/alibaba-singles-day-beats-amazons-estimated-prime-day-sales-2019-11">Singles' Day generated about $38.3 billion in sales</a>, according to Alibaba, which hosts the 24-hour shopping extravaganza. The festival also falls just before Amazon Prime Day, which was postponed to October 13 and 14 this year. Amazon has said it will offer <a href="https://www.businessinsider.com/amazon-prime-day-best-deals">more than one million deals</a>, exclusively available to Amazon Prime members, as part of the shopping extravaganza. Here are the retailers that have signed on to participate in the 10.10 Shopping Festival, according to Coresight:<ul><li>Auburn Jewelry</li><li> Bloom Beauty</li><li>Dermelect</li><li>Graphic Image</li><li>Guess</li><li>Hollywood Fashion Secrets</li><li>Jos A. Bank</li><li>G Fashion Stores</li><li>Kroger</li><li>Mens Wearhouse</li><li>Organic Candy Factory</li><li>Puravi</li><li>Shock</li><li>Shop Fashwire</li></ul>These brands are participating on Shopkick: <ul><li>First Leaf</li><li>Lenovo</li><li>Shoe Carnival</li><li>Ulta Beauty</li></ul>These brands are participating on Fashwire: <ul><li>Alivia</li><li>Amaya</li><li>Andrew &amp; Cole</li><li>aSady</li><li>Beauhstyle</li><li>Celeste Sol</li><li>CoFi Leathers</li><li>D-Luca</li><li>DEZEN</li><li>Elizabeth Moore</li><li>Elizabeth Reid</li><li>FELLER</li><li>GiGi New York</li><li>Gold &amp; Honey</li><li>Kaanas</li><li>Maneesha Ruia</li><li>Mantari</li><li>Milwaukee Boot</li><li>Modern Tie</li><li>Mona Assemi</li><li>Moral Code</li><li>MURMUR</li><li>Rafe New York</li><li>Rebecca Nadler</li><li>Redd Accessories</li><li>Rossario George</li><li>Royal Nomad</li><li>Rubin Singer</li><li>Shannon Koszyk</li><li>Suzanna Dai</li><li>Valeria Amaral</li></ul>

Retailers are desperate to kick off holiday shopping early this year, and brands like Ulta, Kroger, and Guess are turning to a new shopping event to get consumers out to shop

<ul class="summary-list"><li>So many shoppers flocked to Chinese <keyword id="11896038" type="UNKNOWN" weightage="60" keywordseo="shopping" source="Orion">shopping</keyword> platform <keyword id="12357123" type="UNKNOWN" weightage="60" keywordseo="taobao" source="Orion">Taobao</keyword> on Wednesday that the app crashed</li><li>Chinese media outlets reported an outage on the platform that lasted for less than an hour.</li></ul>Hordes of Chinese shoppers looking to cash in on sweet deals on the shopping app Taobao may have caused the platform to temporarily crash on October 20. The platform was hosting a nationwide preorder event ahead of its annual Singles Day Shopping Festival, which is akin to Black Friday in the US. Known as "Double 11," last year's shopping festival reaped the Alibaba-owned platform <a href="https://www.cnbc.com/2020/11/11/alibaba-singles-day-2020-record-sales-overshadowed-by-stock-plunge.html">some $56 billion in sales</a>.The preorder system involves people putting down a deposit to reserve items instead of rushing to snap up limited quantities of coveted goods on November 11. When Insider visited the Taobao platform on Wednesday at approximately 8 p.m. local time, attempts to place a variety of preorders were met with error messages. Live broadcasts on the platform also appeared to be temporarily inaccessible, though the issue appeared to have been resolved by 9 p.m. local time. Taobao users across <keyword id="11892748" type="UNKNOWN" weightage="60" keywordseo="china" source="Orion">China</keyword> also reported seeing significant delays in their purchases going through, per a report by Chinese state-linked business <keyword id="11893589" type="UNKNOWN" weightage="100" keywordseo="news" source="Orion">news</keyword> outlet <a href="https://m.weibo.cn/status/4694632451277043?">National Business Daily</a>. The news outlet also reported that at the same time, the hashtags "Taobao crashed" became the number-two trending topic on Weibo, the country's version of Twitter. At press time, the topic thread had clocked around 17,400 comments, with Weibo users complaining about not being able to place their orders on time and missing out on deals. <keyword id="11893877" type="UNKNOWN" weightage="60" keywordseo="alibaba" source="Orion">Alibaba</keyword> did not immediately respond to a request for comment from Insider. Following the launch of the preorder systems on Wednesday, the 2021 Singles' Day Shopping Festival is set to take place over three weeks, with sales lasting until November 11. Despite the COVID-19 pandemic, China's shopping platforms <a href="https://www.cnbc.com/2020/11/12/singles-day-2020-alibaba-and-jd-rack-up-record-115-billion-of-sales.html#:~:text=Singles%20Day%202020%3A%20Alibaba%20and,record%20%24115%20billion%20of%20sales">racked up some $115 billion in sales on Singles Day in 2020</a>, an all-time high. This far exceeds the <a href="https://www.cnbc.com/2020/12/01/amazon-announces-black-friday-cyber-monday-2020-results.html">$4.8 billion in sales</a> Amazon reaped from Black Friday through Cyber Monday last year. In 2020, the November 11 event also featured a <a href="https://www.youtube.com/watch?v=qr4UK6Tog0A">star-studded concert.</a> During the four-hour gala, a host of Taobao-linked influencers <a href="https://m.nbd.com.cn/articles/2020-11-10/1544504.html">set up their live-streaming studios in cube-like structures surrounding a mega- stage</a>, hawking their wares to the backdrop of performances by China's top celebrities like singer Hua Chenyu, pianist Lang Lang and actor Jackson Yee. <a href="https://wwd.com/business-news/business-features/gallery/alibaba-singles-day-2018-mariah-carey-1202904434/">Singer Mariah Carey and model Miranda Kerr</a> also attended a 2018 iteration of the Singles' Day gala.

Chinese shoppers sent in so many preorders for the country's version of Black Friday they crashed online shopping app Taobao

Micro-blogging site <a href="https://www.businessinsider.in/tech/news/twitter-stops-auto-loading-new-tweets-on-web/articleshow/87731899.cms" data-type="tilCustomLink">Twitter</a> is hosting its first shopping livestream on November 28, the company has announced. The company said that while watching a Live Shopping stream on <keyword id="6354616" type="General" weightage="20" keywordseo="twitter" source="Orion">Twitter</keyword>, people can take several actions that make the shopping experience on Twitter seamless. "We are conducting our first test of Live Shopping in collaboration with Walmart, where they will be kicking off Cyber Week with singer, songwriter, dancer and social media superstar Jason Derulo for the first-ever shoppable livestream on Twitter," the company said in a blogpost. "Starting at 7pm ET on Sunday, November 28, people can watch and shop from Walmart (on iOS and desktop), where Jason will host a 30-minute variety show highlighting electronics, home goods, apparel, seasonal decor, surprise special guests and much more," it added. Livestreaming on Twitter gives businesses the power to engage with their most influential fans and adding the ability to shop into this experience is a natural extension to attracting and engaging with receptive audiences. "Earlier this year, we began testing the Shop Module with select brands, and we are pleased to share that we will be launching it to more merchants in the US in the coming weeks," the company said. "It is crucial to build foundational products to support our global community of merchants on Twitter, so we will also start testing a new way to house merchant onboarding and product catalogue management tools via the <keyword id="2462052" type="General" weightage="20" keywordseo="twitter-shopping" source="Orion">Twitter Shopping</keyword> Manager. This will give merchants a one-stop-shop for managing how they show up on Twitter," it added. The company mentioned that it is looking forward to rolling out more products that will make shopping on Twitter easier than ever.

Twitter to host its first livestream shopping experience on November 28

<ul class="summary-list"><li><keyword id="2978297" type="PERSON" weightage="60" keywordseo="intu">Intu</keyword>, one of <keyword id="6354868" type="COUNTRY" weightage="60" keywordseo="UK">UK</keyword>'s largest <keyword id="6368952" type="UNKNOWN" weightage="60" keywordseo="Shopping">shopping</keyword> centre owners, has warned it may enter <keyword id="45620" type="ORGANIZATION" weightage="60" keywordseo="Administration">administration</keyword>, which would hand ownership of the business to a third-party.</li><li>It has appointed <keyword id="50041" type="CITY" weightage="60" keywordseo="KPMG">KPMG</keyword> to put together a contingency plan.</li><li>Intu is relying on standstill agreements ahead of a funding arrangement deadline with lenders on June 26.</li><li>Intu was struggling before the coronavirus pandemic. It had failed to fill some of its centres or secure necessary funding.</li></ul>Intu, one of UK's biggest shopping centre owners, <a href="https://www.intugroup.co.uk/en/news/news-and-press-releases/update-on-creditor-discussions/">said on Tuesday</a> that it may have to shut down some of its sites because of its financial woes.It has appointed KPMG to make contingency plans for administration, which would see it lose legal ownership of its business. If a company is in debt and is unable to repay the money it owes, it can enter administration, where it can wind up without paying all its debts. The struggling <keyword id="130462" type="ORGANIZATION" weightage="60" keywordseo="shopping-mall">shopping mall</keyword> operator was reportedly in debt before the start of the COVID-19 pandemic. It had struggled to secure funding and fill outlets at some of its sites.It is currently discussing financial restructuring with lenders, but it could file for administration as early as Friday, June 26, if a standstill agreement does not materialize, according to <a href="https://www.propertyweek.com/news/intu-in-final-crunch-talks-as-administration-looms/5108578.article">Property Week</a>. <a href="https://www.intugroup.co.uk/en/news/news-and-press-releases/update-on-lender-discussions/">Last month</a>, Intu announced it would rely on standstill agreements until a revolving credit facility waiver deadline on June 26. According to Intu's latest update, discussion points with stakeholders include the duration of a standstill agreement, which is not expected to exceed 15 months, the extent to which creditors will share future valuation recovery, and how its individual shopping centres will be funded. "Some centres have reduced rent collections as a result of COVID-19 and cash trapped under their financing arrangements which restrict their ability to pay for support (such as shopping centre staff) from other entities in the intu group," Intu said in a statement. In the event that it is unable to reach a standstill agreement, the mall operator said it is likely to fall into administration, and that some sites could close.

You Searched For "shop" and got 8 results

Facebook Shop is now live on the mobile app for US users

IANS

Here’s how people around the world shop during holidays

BI India Bureau

Finally, the truth unveiled! Men spend more on online shopping than women

BI India Bureau

Shopify partners with Facebook to bring Shop Pay to Instagram

IANS

Retailers are desperate to kick off holiday shopping early this year, and brands like Ulta, Kroger, and Guess are turning to a new shopping event to get consumers out to shop

Madeline Stone

Chinese shoppers sent in so many preorders for the country's version of Black Friday they crashed online shopping app Taobao

Cheryl Teh

Twitter to host its first livestream shopping experience on November 28

IANS

Some of the UK's biggest shopping centres are at the risk of shutting down as malls giant Intu struggles with funding

Shalini Nagarajan

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