On August 12, 2024, TikTok released its annual analysis, “What’s Next 2024: Shopping Trends Report,” examining the evolving consumer landscape. The report highlighted the intertwining of digital shopping and social media, highlighting the opportunities for authentic engagement for digital marketers on the platform. Community-oriented commerce, trust, and social activity appear to have a major impact on the shopping habits of younger generations.
Research reveals that the lines between online and offline experiences are blurring: consumers increasingly expect frictionless interactions with brands regardless of platform, shopping behavior is on the rise locally, and trust-based relationships are driving shopping decisions.
TikTok users are revolutionizing their consumption habits in search of fun, community and trust, signaling a shift from traditional patterns to a dynamic, engagement-dependent platform. The report shows that these behavioral changes are underpinned by the platform’s sense of community and trust factors.
New shopping trend on TikTok
Moving on to key trends, “Emotional Bending” noted TikTok’s transformation into a blend of entertainment, shopping, and community. Similarly, “Choreographed Consumption” signaled a growing preference for curated content and highlighted the importance of creative personalization. The “Branded Babysitter” trend showcased brands as facilitators that go beyond transactions and foster deeper connections with audiences.
The “Bending Communities” trend demonstrated that TikTok’s diverse community supports personal health and lasting values over fleeting trends.
From another perspective, the “Shaping Culture” trend highlighted the power of cultural exchange on TikTok, highlighting the impact of user-generated content and a sense of community belonging.
“Evolving Identity” suggests that TikTok is a medium for personal expression and identity discovery, where users can share personal stories and learn from each other. The final trend, “Relationships Changing,” suggests that brands on TikTok are reshaping customer relationships by driving customer engagement in product development and feedback.
TikTok’s approach to changing consumer behavior
Sofia Hernandez, head of global business marketing at TikTok, commented on the shift in how brands interact with consumers, saying that consumers now value joy, curiosity and lasting value over superficial interactions. Her goal is to harness the power of emotional connection to resonate with consumers on a deeper level. Active consumer participation is integral to TikTok’s approach, where users don’t just passively consume content, but interact and share with their community.
The in-depth “What’s Next 2024” report provides remarkable insights into the disruptive trends expected to shape future purchasing habits. It aims to shed light on potential shifts such as the rise of sustainable shopping and the power of user-generated content, helping businesses get ahead of these upcoming changes.