In the past 5 days, Amazon has announced partner deals with Meta (Facebook, Instagram) and Snap (Snapchat) to allow users to link their Amazon accounts to these social media platforms, for in-app purchasing–just in time for Black Friday/Cyber Monday and holiday shopping!
This social shopping expansion is widely viewed as Amazon’s attempts to keep up with TikTok Shop and the rapidly changing trends towards shopping from–and starting product searches within–social media.
- Amazon says it will run shopping ads on Snap
Reuters - November 14, 2023 - Amazon Partners With Snap, Meta for Shopping. The Battle with TikTok Just Ramped Up
Barron’s - November 14, 2023 - Amazon Extends Social Shopping Efforts With Snapchat Deal
PYMNTS - NOVEMBER 14, 2023 - Meta and Amazon make a deal to put the shopping in your socials
TechRadar - November 14, 2023 - Amazon Reaches Deal to Run Shopping Ads on Snap
The Information - November 13, 2023 - Meta Stock Is On A Winning Streak. Analysts Like The New Amazon Tie-Up
Investor’s Business Daily - November 13, 2023 - Why Meta-Amazon In-App Purchase Deal Is a Win for Users and Investors
Investopedia - November 13, 2023 - Meta lets Amazon shoppers buy products on Facebook and Instagram without leaving the apps
CNBC - November 9, 2023