Recently, at the TikTok Shop Seller Summit held in Thailand, official data revealed the success of this strategy: since the launch of TikTok Shop Mall in Thailand, it hasattracted more than 400 brand sellers, offering over 1,000 products, with the number of orders exceeding 100,000.

According to Tuke's understanding, TikTok Shop Mall is extremely strict in screening participating brands. In this regard, Kornnikar Niwatsaiwong, Head of FMCG E-commerce at TikTok Shop Thailand, once stated: "We ensure that thebrands in TikTok Shop Mall are genuine. If you are not satisfied with the product, you can return it for free within 15 days, and free shipping is provided to enhance a safe and reliable shopping entertainment experience."

These words show TikTok Shop Mall's emphasis on consumer rights. It is precisely this solemn commitment to product and service quality that has greatly enhanced consumers' trust and satisfaction with the platform, further consolidating TikTok Shop Mall's market position in Thailand's e-commerce market.

This series of strategies and initiatives by TikTok Shop fully demonstrates its foresight and strategic planning capabilities in the e-commerce field. Since TikTok Shop Mall officially entered the markets of Thailand, the Philippines, and others in February 2023, its business has successfully expanded to other countries such as Singapore. If the brand mall model had not brought significant benefits, TikTok Shop would probably not have continued to increase its investment in this field.

It is particularly worth mentioning that TikTok Shop Mall has also achieved outstanding performance in the Vietnamese market: in the first week after its launch, sales of products in different categories saw a substantial increase, with some productsexperiencing a tenfold surge in sales, and some stores even reaching an astonishing 70,000 units sold. This achievement validates the effectiveness of the TikTok Shop Mall business model and also demonstrates the huge potential and competitiveness of TikTok Shop in the e-commerce field.

In fact, on the e-commerce battlefield of Southeast Asia, TikTok Shop has always maintained a high-speed development level. Even in the face of challenges, its growth remains vigorous. For example, aside from the Thai and Vietnamese markets, TikTok's e-commerce business in Malaysia has also achieved remarkable results. Since the establishment of the Malaysian site in early 2022, TikTok Shop has shown strong growth momentum,and as of March 2024, it has more than 1 million sellers and 1.7 million partner creators.

Another example is the Indonesian market, which has always attracted much attention. Previously, TikTok's closure of its Indonesian site sparked widespread discussion in the industry, with many believing this might mark the end of TikTok in Indonesia. However, the fact is that TikTok Shop has not only re-entered the Indonesian market, but its performance has quickly recovered, with sales of fast-moving consumer goods and beauty products even surpassing pre-closure levels, surprising many who were pessimistic about TikTok's Indonesian site. All of this is enough to prove the brand appeal and development potential of TikTok Shop in the Southeast Asian market.

Summary:

Although as a new player in the e-commerce field, TikTok faces many challenges in its future development.

For example, it needs to continuously improve user experience, protect consumer rights, and strengthen compliance with local laws and policies. At the same time, it also needs to engage in fierce competition with rivals and continuously launch innovative products and services to maintain its leading position in the Southeast Asian market.

But TikTok's outstanding performance in the Southeast Asian market has fully demonstrated its huge potential as an e-commerce platform.

As development continues to deepen, we have reason to believe that in the future, TikTok will continue to lead innovation in the e-commerce field, while bringing more value and development opportunities to merchants and users.