In today’s digital age, TikTok has quickly become one of the top social media platforms, and it’s no surprise that businesses are taking advantage of its potential for advertising and marketing. With its unique format and wide range of creative content, TikTok offers a great opportunity for businesses of all sizes to reach a large audience.
As it continues to grow in popularity, more businesses are turning to the platform to reach their target audiences. But is TikTok really a good platform for advertising?
The answer is yes! In this article, we’ll discuss some of the key advantages of using TikTok for advertising, and highlight how you can make it work for your business.
The Pros of Using TikTok for Advertising
Considering that there are over one billion users, it’s understandable that many marketers are looking to use TikTok as an advertising strategy. And why shouldn’t they? There are several pros involved when using TikTok for advertising, but we’ve compiled some of the especially significant advantages below:
Reach a Global Audience
TikTok is a powerful tool for businesses to reach a worldwide audience. With its global reach, this platform offers an effective marketing strategy for businesses looking to expand their reach beyond their local market and ultimately increase their visibility on an international level.
Therefore, TikTok presents businesses with a convenient and profitable opportunity to widely promote their products and services. It’s hard to argue with that!
Increased Brand Awareness and Recognition
Advertising on TikTok allows businesses to target their ads and content to users from all around the world. Moreover, implementing TikTok as part of your marketing strategy can help you build relationships with people from different countries, backgrounds, and cultures, giving you access to new markets that were previously inaccessible.
By posting advertising content on TikTok, businesses have the opportunity to engage with a seemingly limitless pool of users. As a result, TikTok advertising efforts can help a company reach new potential customers, convert potentials into customers, and build brand awareness.
Varied, Creative, and Engaging Content
Of course, a huge part of the appeal to users of TikTok lies within its library of vastly creative and varied content. When you overhear people saying that everything is on TikTok, it’s true.
Businesses can take advantage of this diversely creative platform to create engaging, customized content and ad campaigns that are tailored to resonate with different target audiences.
When it comes to advertising, we know what one of the central pillars of discussion is: money! So if you’re nodding along thinking TikTok sounds great, but want to know what it means for your ledger, we’ve got the scoop.
And it’s good news!
According to a report by the Financial Times, 2022 data collected by VaynerMedia showed that advertising on TikTok is close to half the price of advertising on Instagram, a third of the price of advertising on Twitter, and over 60% less expensive than advertising on Snapchat.
Not to mention that TikTok users that discover a new product are 1.5x more likely to promptly purchase that product.
Need we say more?
These advantages of advertising on TikTok are all interconnected, together providing a strategic and effective avenue to build brand awareness and increase sales.
Tips for Using TikTok as a Marketing Strategy?
When used correctly, TikTok can be an incredibly powerful marketing strategy for businesses of all sizes. In order to be successful, we suggest applying the following:
- Familiarize yourself with the platform and trending content
- Consistently post and engage with users
- Utilize trending keywords, hashtags, and filters/sounds/effects in your content
- Tailor your advertisements to TikTok’s “infinite loop” marketing method
- Instead of the traditional marketing funnel, TikTok enables users to intuitively enter/exit/repeat the Retail Path to Purchase
- Review your TikTok analytics to gain insight into your user audience
Will TikTok Advertising Work for Your Business?
There are a few things to consider when deciding if TikTok is right for your business.
First, TikTok is a very visual platform, offering a unique opportunity to engage with users in a creative and engaging way. In order to prevent someone from swiping past your video, your ads need to be creative and eye-catching.
Second, TikTok ads are typically short and to the point. This means that your video needs to be engaging, while also being clear and concise.
And third, keep in mind that though TikTok users are spread out all over the globe, they’re typically younger people. Thus, it’s important to take your target audiences into consideration when determining if this is the right platform for your business to advertise on.
To Sum it Up
Overall, TikTok can be an excellent platform for advertising, but it’s important to do your research and make sure that it’s the right platform for your brand.
If you’re looking for a new and exciting way to reach your target audience, TikTok is an excellent choice!