YouTube Unveils New Shopping Features to Enhance Creator Monetization and User Experience
On Tuesday, YouTube announced the launch of several new Shopping features designed to empower creators, streamline the shopping experience for users, and compete with rivals like TikTok Shop. These features include curated shoppable collections, improved planning tools for shoppable videos, and the ability to monetize older content more effectively.
Curated Shopping Collections
YouTube’s new “Shopping Collections” feature allows creators to handpick products from their preferred brands and organize them into themed collections. Users can easily browse these collections, which may include anything from a daily skincare routine to a minimalist travel wardrobe. The collections will be accessible through the creator’s product list, Store tab, and video descriptions. Initially, creators can curate collections using the Studio app on their mobile devices, with desktop functionality coming soon.
Affiliate Hub and Partner Integrations
YouTube is also introducing the Affiliate Hub, a centralized resource within the app that provides creators with essential information about Shopping partners, commission rates, and promotional codes. The hub also enables creators to request product samples from top brands, simplifying the process of planning and creating shoppable content. Additionally, YouTube has expanded its list of integrated platforms to include Fourthwall, a website builder that helps creators set up online shops. This integration complements existing partnerships with Shopify, Spreadshop, and Spring.
Monetizing Older Content
Last year, YouTube introduced a feature that allowed creators to bulk-tag products across their video library based on items mentioned in the video descriptions. This feature is now being rolled out to all Shopping creators, enabling them to generate additional revenue from older, high-traffic content.
The Growth of Shopping-Related Content
YouTube revealed that in 2023, users watched more than 30 billion hours of shopping-related videos, with a 25% increase in watch time for content that facilitates shopping on the platform. As e-commerce continues to evolve, YouTube’s new Shopping features aim to capitalize on this trend, benefiting creators, brands, and consumers alike.
2 Comments
As if we needed more ways to spend money online, YouTube’s jumping on the bandwagon!
Guess it’s time to save up; YouTube’s turning into a shopping mall!