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Is my business right for TikTok?

Thinking about adding TikTok marketing to your social media strategy? In this article, we’ll help you find out if TikTok is a good fit for your business. 

Here are some key factors to consider:

 

Your Target Audience

With over one billion monthly active users and an algorithm built for discovery, TikTok is the best platform to reach new audiences. But are your target audiences on TikTok? 

 

 

Monthly TikTok usage penetration in Canada in 2020, by age group. Source: Statista

 

Are your competitors on TikTok?

Try to find three to five similar brands or creators (local or international) and see how they’re doing on the app. 

Go to your Discovery page on TikTok, select “most liked” videos and date range to get quick and accurate results.

 

Organic posts or TikTok ads?

An organic TikTok account is a great way to boost your brand awareness and build an engaged community. Did we mention anyone could potentially go viral on this app?

Most TikTok videos are about 15-30 seconds long and shot on the phone. No professional equipment is needed. In-app editing tools are very powerful to add voiceover, effects, subtitles, etc.

Unlike other social media platforms, you can run ads without a TikTok account!

If you don’t have the capacity to post videos consistently, running an ad campaign is a quick way to tap into this new market.

How does this work? In the TikTok Ads Manager, you can upload profile pictures and enter usernames. They will appear in your ads and create the illusion of a TikTok account. When users click on your profile picture/username/call-to-action button, it will direct them to your choice of destination URL.

 

Upcoming E-commerce Opportunities

#TikTokMadeMeBuyIt has reached 9.7 billion views. TikTok claimed that 67% of TikTok users were inspired to buy, even when they weren’t looking to shop. 83% of TikTok users turn to TikTok for review.

 

Besides organic traffic and influencer marketing, TikTok is building more funnels for e-commerce: 

 

If you want to learn more about successfully integrating TikTok advertising into your marketing mix, feel free to reach out to our team of social media experts.

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