Last updated Dec 15th, 2022
The social commerce market has drastically grown in the past years. In 2021, the global social commerce market size was 620 billion U.S. dollars. By 2030, this value is forecasted to reach 7,030 billion U.S. dollars.
Social commerce is the use of social media platforms for selling products directly to customers. Fast-growing trends in social media leave you with no choice but to hop on this train and use it for business growth.
In order to do so as an advertiser, you’ll need to choose between social commerce platforms that can help you increase ROI by delivering relevant creative to your audience.
Not sure which social commerce platform to choose?
We made a list of 10 social commerce platforms that can help you produce personalized ads on Paid Social, and launch omnichannel campaigns. Learn about their features, pricing, and their pros and cons to help you choose your next secret weapon for an efficient growth in 2023.
Before betting on any martech tool, as a performance marketer you’ll need to ensure that the new investment will help you be more efficient in doing your job or it will help your client’s business scale faster. Also, you’ll need to consider how this new platform will fit in your current martech tool stack.
Here are a few questions to ask when you’re comparing social commerce platforms:
Answering these questions will ensure that the social commerce platform you choose supports your current needs and future growth. Make sure to account for both.
Hunch is a one-stop-shop social commerce platform, combining automated creative video and image production with automated media buying. This means you can create and manage your campaigns for different social media platforms leveraging one tool. This feature sets Hunch apart from most creative automation tools.
The platform supports all major feed types and allows you to connect your feed, product, and other 3rd-party data to it. Upload your feed data to the platform, leverage Hunch Creative Studio to prepare dynamic templates, and use the power of dynamic creative optimization to launch the campaign on Facebook, Instagram, TikTok or Snapchat. Hunch automatically combines your ad elements to deliver the optimal combination that’s tailored to each social user - based on real-time data it gathers.
Given the platform’s ease of use, the process of creating and automating your ads with Hunch will only take minutes. As with any platform, there’s a learning curve in the beginning. However, customer reviews online highlight the effective and timely support of the Hunch team. Ultimately, Hunch helps you grow by delivering data-driven and personalized omnichannel experiences in minutes.
Hunch charges based on ad spend that only goes through the Hunch platform. Also, you can get a personalized quote based on your media spending and your business needs.
Best for performance marketers working for brands or agencies that are looking for an all-in-one solution.
Jivox is a data-driven social commerce platform that helps you deliver personalized advertising at scale. With Jivox you can automate dynamic and shoppable ads, delivering them across all major channels.
Jivox has the platform’s privacy-first approach, which is their distinctive feature.
Jivox employs IQiD First-Party Identity Graph, a solution that allows you to personalize your ads without relying on 3rd-party cookies. Instead, the platform uses data collected from multiple 1st-party identifiers to make AI-powered predictions and recommendations.
However, according to online customer reviews, such a granular level of personalization can be overwhelming and time-consuming for some businesses. So, expect a steep learning curve in the beginning or opt for a more easy-to-use social commerce platform that will help you save time.
You must contact Jivox to inquire about pricing.
Best use for medium and large businesses.
Aitarget Tech is a social commerce platform for creating dynamic ads and personalized videos on Facebook and Instagram. They leverage the power of AI and creative testing to deliver personalized ads at scale. The personalization of ads revolves around personalizing different ad elements to each customer.
In terms of design, the opportunities may be a bit limited. Aitarget design templates work by converting product photos with a white background into templated dynamic banners. You can choose from existing templates or upload your own.
You must contact Aitarget to inquire about pricing.
Aitarget Tech is best for medium and large brands as well as agencies that want to create dynamic ads on Facebook and Instagram.
Pencil relies on the power of AI to generate unlimited ad creatives, allowing you to test at scale. Deriving insights from branding data, other assets, and campaign information you provide, the platform algorithm will automatically generate finished ads - from writing ad copy to editing videos. All this process only takes a few minutes.
This social commerce platform highly emphasizes the importance of testing a large number of ad creatives. Testing at large requires a considerable amount of existing data. This means that Pencil works best if you already have a strong library of brand assets and advertising data.
Pencil has three pricing levels: (1) Start for free and pay as you go, (2) Do it for me plan priced at $400/mo, and (3) the Enterprise plan starting at $1000+/mo.
Pencil is best for fast-growing eCommerce brands and performance agencies.
Adsmurai is a social commerce platform and a paid media service agency. The Adsmurai Marketing Platform is based on its own technology. It includes planning, managing, and monitoring paid media campaigns.
The platform is a Meta, Instagram, Google, Pinterest, and TikTok business partner, supporting all major social media channels. The Adsmurai Marketing Platform allows you to manage all paid social campaigns across social media channels from within one platform.
In contrast to other social commerce platforms, Adsmurai does not offer the possibility to automatically create multiple design creatives. Rather, they offer an interface you can use to create templates.
You must book a demo with Adsmurai to inquire about pricing.
Since Adsmurai lacks creative automation, it might be best for brands that don’t need many ad creatives. Otherwise, it can get time-consuming for agencies or businesses that need to run large sets of ad creatives.
Confect is a social commerce platform that helps performance marketers automate dynamic ad creatives. The platform supports automatic ad creation for all major social media channels. With its easy-to-use design editor, you can create ad visuals in minutes.
Confect allows you to batch-produce ads and automate your campaigns in advance. Once the ad is created, Confect gives AI-powered performance predictions and improvement suggestions.
Confect has two pricing plans. The Analytics plan costs $249/mo. The price of the Dynamic Ads plan starts at $149/mo for 1,000 products. The price changes dynamically based on the number of products you’re looking to advertise. Agencies can contact and get a personalized quote.
Medium and large eCommerce brands or agencies looking to advertise a large product data set.
AdEspresso by Hootsuite helps you create, manage, and optimize dynamic ads across Facebook, Instagram, and Google Ads from within one platform.
The platform offers a set of features to improve collaboration efficiency and launch your campaigns faster. Specifically, the campaign approval feature allows you to send approval requests to your clients or colleagues, even if they don’t have access to AdEspresso. AdEspresso also has a client onboarding request feature that makes collaboration seamless for every party involved.
AdEspresso offers three pricing plans:
AdEspresso claims to be best for agencies, small and medium businesses, and eCommerce.
AdParlor by Fluent offers technology-driven media buying and creative personalization services. Its technology stack spans the entire campaign process, from ideation to campaign reporting.
AdParlor has partnerships with Facebook, Instagram, Snapchat, Twitter, LinkedIn, DV360, and Pinterest, supporting major feeds. Unlike the other platforms on this list, AdParlor is also an agency.
You must contact AdParlor to inquire about pricing.
Best for marketers and agencies looking for custom creative services.
Madgicx is a social commerce solution for eCommerce brands advertising on Facebook and Google. This AI-driven platform helps marketers optimize their budget and ads based on campaign KPIs. Its advanced tracking and attribution system allows you to derive actionable insights, which can be autonomously implemented.
The all-in-one Madgicx AI suite costs $479/mo. Madgicx also offers a cloud tracking add-on for $149/mo.
According to Madgicx, they’re best for eCommerce brands with annual revenue between $500K-$20M.
Flashtalking by Mediaocean is an ad-serving social commerce platform that enables advertisers to personalize at scale. With a set of creative and analytics features, you can set up and manage dynamic ads across multiple online channels.
With its Identity Framework, Flashtalking is another social commerce platform that operates cookieless. The platform unifies unique client data across the ecosystem, creating a full view of the entire customer journey.
You must contact Flashtalking to inquire about pricing.
Flashtalking is primarily aimed at small and medium businesses.
When looking for a social commerce platform you’re ultimately looking to boost your sales via Paid Social. Achieving this encompasses a long process of repetitive manual tasks such as creating data-driven ad designs, writing copy, running tests, and optimizing your campaigns on the go. Not to mention, you need multiple versions of this process in order for your ads to resonate with your audience and convert them.
The key to unlock the success of your next campaign on Paid Social without working day and night, is leveraging Hunch’s creative automation.
An all-in-one social commerce platform like Hunch allows you to automatically create, launch, manage, and optimize omnichannel campaigns from within one platform. Book a discovery call to find out how Hunch can supercharge your online growth with automated social ads.
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