TikTok — the clock is ticking on traditional advertising strategies. As conventional methods wane, a new star player, TikTok, is making waves. At inception, TikTok gained a sticking association with Gen Z via dance videos & lip-syncing parodies. It’s true, TikTok is a popular platform for many teens or young adults to create and send entertaining video content. However, this platform is not just a fleeting fad, but very much here to stay and continue to evolve.
Like any trend, TikTok’s high number of young users caught the attention of older demographics. All wanting to know “what the cool kids are doing”, TikTok’s user base matured. As of March 2021, research found that teenagers are only 25% of the TikTok audience. Who are the rest? Well, it’s a pretty even split of users in their 20s, 30s, and 40s, with even a significant slice of people 50 years and older!
A more diverse user base brought new opportunities, as marketers observed new niche categories rise in popularity. For example, trending hashtags such as #financetok or #taxadvice providing financial advice to users during tax season. Just one of the many unique use cases of the social media platform, as everything from investing to cleaning hacks, has been reenergized by the fun, engaging nature of video clips.
So what does this mean? Well, it’s time that digital marketers begin to take TikTok seriously. Here’s why:
1.Video Content is on the Rise
Video content is on the rise — and won’t pause anytime soon. That’s why popular video publishing platforms, TikTok and Vimeo, have joined forces to become an advertising powerhouse. Recent updates have integrated Vimeo creation tools with TikTok AdManager. This enables businesses of any size to create and publish ads directly to TikTok Ads Manager. Effectively breaking down prior production banners, smaller and medium-sized businesses can easily create and distribute engaging video ads at low cost. Going a step beyond, Vimeo offers ad templates specifically optimized for the TikTok platform. Known as Spark Ads, this format allows businesses to take organic content and quite literally re-energize ads on a new short and snippy platform.
2. Self-Served Success
Speaking of the TikTok AdManger, a few of the hallmarks of this platform are the self-service ad publishing, creator marketplace, and other features that empower content creation. With an easy-to-use publishing experience, it allows for more experimentation and freedom with campaign concepts, creative or targeting. The format pushes brands to make their advertisements everything they should be: short, succinct, and engaging. Time limitations force marketers to cut the extraneous details that users wouldn’t retain anyways and hone in on a single direct message. It’s like the bootcamp marketers didn’t know that they needed.
3. Live it Up
That’s right, TikTok has jumped on the trend of live streaming video content (thank you Instagram & Facebook). While this has playful applications, it’s also a prime opportunity for commentary from thought leaders and brand ambassadors on new product launches, industry events, or current trends. Live stream content has been popularized on alternative platforms (looking at you, Facebook & Instagram) for hosting Q&As and panel discussions. New TikTok features allow both the scheduling & promotion of a live-streamed event but also co-hosting to allow for multiple speakers. This creates a split-screen view and allows hosts to interact one-on-one with another, and with live audience comments.
While the first wave of use cases for these features may be tied to e-commerce and pop culture, it will be the next wave of marketing pioneers who bring a more practical flavor to the platform. Facebook and Twitter started out as purely ‘social’ social media platforms, but look what business opportunities have arisen from there. TikTok will be no different, and the businesses that invest now in their video content creation and production skills will have the upper hand.
Need to amp up your video & social media marketing? Contact Bluetext to learn more about our creative & digital marketing services.