YouTube Shopping Spree 🛍

YouTube Shopping Spree

Think about all the products, gadgets, services, tools or whatever else that could possibly be for sale in the YouTube videos you watch. The items that come to mind, useful or not, could soon be for sale online on YouTube itself.

YouTube has begun asking creators to use YouTube software to tag and track products in their videos, like you would a friend in an Instagram picture. Viewers will have the option to click on and buy these products directly from their marketplace.

Being the world’s largest video site comes with its perks as YouTube is even testing a new integration with Shopify Inc. to make these sales possible.

This new monetization strategy has the potential to disrupt the ecommerce industry and take it by storm. Not only will YouTube be at the center of online culture and viral sensations, it will also be able to use this leverage to help sell different products across the world. That’s not something the likes of Amazon or Alibaba can claim to have.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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