In 2021, Facebook was the most popular site for social commerce in Thailand, with 86 percent of respondents purchasing from the platform in the last six months. Social commerce is a type of e-commerce that involves more social buyer-seller interactions through social networks.
COVID-19 and the expansion of social commerce
Since the pandemic hit in 2020, the world went into lockdown, prompting local businesses to shift their focus online and push consumers to change their shopping habits. This new reliance on online platforms, combined with Thai consumers’ affinity for shopping from small and medium enterprises (SMEs) through social media, had immensely accelerated the popularity of the country’s social commerce scene. Facebook and LINE were among Thailand’s most popular online purchasing and selling channels while also being the country’s longstanding leading social media and chatting platforms.
Direct-to-Customer as the core strength of social commerce
The popularity of buying and selling through social media in Thailand has pushed the country’s social commerce sector to become very competitive in terms of customer service. Through social commerce, buyers and sellers can communicate immediately through chatting applications and live stream broadcasts, making it very easy and convenient to shop online primarily through Facebook and LINE. Because of this competitive edge, Thailand has become one of the leading countries in South East Asia for social commerce, with a market size greater than 10 million U.S. dollars in 2021.
Share of the most popular shopping platforms for social commerce in Thailand in 2021
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Krungsri Research. (September 29, 2021). Share of the most popular shopping platforms for social commerce in Thailand in 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/
Krungsri Research. "Share of the most popular shopping platforms for social commerce in Thailand in 2021." Chart. September 29, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/
Krungsri Research. (2021). Share of the most popular shopping platforms for social commerce in Thailand in 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/
Krungsri Research. "Share of The Most Popular Shopping Platforms for Social Commerce in Thailand in 2021." Statista, Statista Inc., 29 Sep 2021, https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/
Krungsri Research, Share of the most popular shopping platforms for social commerce in Thailand in 2021 Statista, https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/ (last visited December 22, 2024)
Share of the most popular shopping platforms for social commerce in Thailand in 2021 [Graph], Krungsri Research, September 29, 2021. [Online]. Available: https://www.statista.com/statistics/1280582/thailand-popular-shopping-platforms-for-social-commerce/