07/06/2020
Ten days ago, TikTok officially introduced a platform called TikTok for Business. This will act as HQ for all marketing solutions that TikTok currently has available to Brands + Businesses and will house new solutions that will be released in the future.
So, what does this mean for your business? Should you launch a TikTok account?
While there’s been a ton of user growth since January 2020, it’s important to know the following demographic breakdown before you start:
🔸27% of users are between 13-17 years old
🔸42% are between 18-24 years old
🔸With a combined 69% of worldwide users being in the 13-24 year old age range, ask yourself: is it worth the TikTok time commitment to reach an audience of primarily teens/young adults or are my marketing efforts better served elsewhere?
Another consideration: While TikTok has remained pretty tight-lipped on the details of exactly how the algorithm works, there’s evidence that suggests the app will first show your content to people around the same geo-location as you before showing it to a wider audience.
For entrepreneurs operating in a particular area, or businesses with a local storefront, this is 🔑 since there’s no other existing function within the platform that gives you the ability to target an audience based on location.
Lastly, before diving into the world of TikTok, remember: no one wants to watch ads on TikTok - users want trendy, creative, fun, heartfelt, interesting, and genuinely unique content from individual users and brands/businesses alike. Visit tiktok.com/business for content inspiration from other businesses. This will help you develop a strategy for how to approach this platform to achieve marketing success.
If you don’t know how or where to start DM us to help develop a detailed content strategy.