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Reading: YouTube expands shopping features to combat digital ad slowdown
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PhotoNews Pakistan > Business > YouTube expands shopping features to combat digital ad slowdown
Business

YouTube expands shopping features to combat digital ad slowdown

Web Desk
By Web Desk Published November 17, 2022 1 Min Read
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YouTube said on Tuesday it is bringing shopping features to its TikTok-like short-form video service as the Alphabet-owned company looks to fortify its revenue against a drop in spending by recession-wary advertisers.

The feature, tested with eligible creators in the United States, will allow them to tag products from their stores.

“Viewers in the US, India, Brazil, Canada, and Australia can see the tags and interact with them, and we’ll continue to bring tagging to more creators and geographies,” a Google spokesperson said.

The streaming service is also testing new commission schemes for influencers who sell products through links in videos.

This comes months after YouTube unveiled a new way for creators to make money on short-form videos, introducing advertising on its video feature Shorts and giving video creators 45% of the revenue.

The internet’s dominant video site has struggled to compete with TikTok, the app that started hosting lip-sync and dance videos before burgeoning to 1 billion monthly users. (Reuters)

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