Brut. and Carrefour have announced the creation of Brut Shop, an online platform on which users will be able to make online purchases during video events that are live-streamed on social networks.
Commenting on the partnership, Elodie Perthuisot, Carrefour Group's executive director of e-commerce, data, and digital transformation said, "Brut. and Carrefour combine the best of social media and retail to create the first community of live shoppers in Europe.
"By pooling our retail and social media strengths, our aim is to create the most powerful social commerce platform on the French market. This new community shopping experience will generate growth and value for both our companies."
Brut. is one of Europe's leading impact digital media companies, with some 70 million users.
It accounts for 39% of the media market on social networks in France and reaches consumers between the ages of 18 and 34.
Carrefour has significantly bolstered its e-commerce activities in recent years, and now receives more than 15 million unique monthly visitors to its sales websites in France. The retailer hosted nearly 50 live shopping events in 2021.
Live Shopping Event
Guillaume Lacroix, co-founder and CEO of Brut. commented, "We are delighted to launch Brut Shop in partnership with Carrefour, which is not only a leading retailer but also a responsible brand with a strong social and environmental commitment. Our aim is to align everything that we develop with the values of openness and social and environmental responsibility which underscore Brut.’s identity.
"As Europe's number one digital media platform for young people and the leader when it comes to live events, Brut. wants Brut Shop to be the leading website for social commerce or 'live shopping' – something which is fast-growing in other countries throughout the world.
"Brut Shop is an open service designed to welcome an extremely diverse selection of brands, all brought together around one unique Brut-themed experience."
In France, 60% of Carrefour customers say they are interested in live shopping services.
Moreover, fast-moving consumer goods brands indicate that they are increasingly interested in these sessions as they represent a new way to recruit young customers, speed up e-commerce conversion, and improve differentiation and customer engagement with their products.
The social commerce market is one of the most powerful growth levers driving e-commerce in the world, the retailer noted.
By combining consumer habits on social media and users' desire to interact with brands, live shopping is enjoying major growth – buoyed by the widespread use of these purchasing solutions by millennials and Gen Z.
Social Commerce Market
According to Accenture, the social commerce market is worth an estimated US$492 billion and is set to triple between now and 2025 (to reach US$1.2 trillion).
Live shopping is already widespread in China, where, as of 2020, 65% of consumers have already used it to order at least one product.
In the US, the live shopping platform is growing in popularity, with dozens of live shopping events staged every day, and major social networks adding features and functions so that consumers can make their purchases in just one click directly from their websites.