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2021 Marketing Strategy Insights: TikTok for Business

2021 Marketing Strategy Insights: TikTok for Business

Small business owners often ask us if they should be on TikTok and if the platform can actually help their business. Well, small business owners— you might not know how you feel about TikTok, but TikTok most certainly knows how it feels about you, as evidenced by its new brand and platform, “TikTok for Business”, released by the company this June.

“What is ‘TikTok for Business’ & How Can It Boost My Brand?”

Social media company TikTok created “TikTok for Business” as a one-stop shop that houses current and upcoming marketing solutions for participating businesses. Companies who join TikTok for Business gain access to:

  • TikTok for Business Gif
    Source: https://www.socialmediatoday.com/news/tiktok-launches-tiktok-for-business-platform-for-marketers/580581/

    TikTok Ad Formats including “TopView” (aka the advertisement that comes into view when first launching the app).

  • Brand Takeovers, which are 3-5 second advertisements in either image or video format.
  • Branded Effects gives brands the opportunity to take a more direct role in the content creation experience. Add your product or brand into the background or foreground of a 2D, 3D or AR format video. Link up this feature with Hashtag Challenges to increase engagement with your brand.
  • In-Feed Videos no longer than one-minute long, and run with sound on.
  • Hashtag Challenges that inspire platform users to craft content pertaining to a hashtag of their choosing. In addition to helping businesses interact with TikTok’s user community, this feature also includes Hashtag Plus— which adds a shopping element to the mix.
  • Brand Scan is an AR effect included alongside the long list of marketing features encompassed by TikTok for Business.

It’s worth noting that the majority of the products found on TikTok for Business were actually available prior to launch. However, this new platform creates a delineated space for business’ marketing purposes, and makes it easier for TikTok to feature new products as they get released.

“Should I Be Adding TikTok to My SMB Marketing Strategy in 2021?”

For businesses looking to update their strategy for the new year, TikTok is anticipated to become a frontrunning social platform worthy of sitting at the “cool kids” table alongside Facebook, Instagram, Snapchat, and Twitter. Some key statistics:

  • In January of 2018, TikTok enjoyed m 54 million active monthly users worldwide. (Source)
  • As of August 2020, TikTok’s active monthly users increased to 689 million worldwide. (Source)
  • According to App Annie, TikTok is anticipated to surpass 1 billion average monthly active users, growing to a total of 1.2 billion active monthly users worldwide.
TikTok Projections
Source: https://www.appannie.com/en/insights/market-data/2021-five-things-you-need-to-know-in-mobile/

With such massive growth projected for 2021, TikTok is certainly worth your time—especially for small businesses looking to market services or products to today’s younger generations. As of June 2020, 62% of TikTok users in the US ranged from ages 10-29, according to Statista. That means more than half of the TikTok community is dominated by Generation Z and young Millennials. So, if these age groups fit in with your target demographic, we most definitely suggest you join the TikTok community via TikTok for Business.

Start implementing your TikTok strategy with the help of a Marketing Mentor!

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Creative Director/Senior Designer

Tom DiGrazia

With over a decade and a half of professional design experience, Tom brings his knowledge of design principles and focus on user experience to every aspect of his contribution to TTG. Paying special attention to each client’s brand, personalized needs and individual interests, he strives to create compelling concepts utilizing intuitive and highly-refined design solutions. In addition to traditional and digital design work and oversight at TTG, Tom also boasts a wide portfolio of web development projects with the company, allowing him to stretch his CSS and HTML skills across multiple platforms and disciplines. He feels that being a designer in the digital landscape of websites, eCommerce solutions, email marketing platforms and social media, it is important to understand the code that goes into these areas as it assists his ability to tailor designs specifically targeted to achieve the best end result and further builds understanding and communication with backend development teams.

In his off hours, Tom is an avid pop culture enthusiast, staying up to date on the latest shows, films, comics and games. He can also typically be found taking part in a whole host of artistic activities that help him further stretch his creative legs. Regardless of the activity, Tom is always accompanied by his dog, Eli, and his cat, Tib.

Specialties:
Design, Photography, Illustration, Digital Imagery Manipulation, Wesbite Development

Platforms/Tools:
Photoshop, Illustrator, InDesign, Lightroom, HTML/CSS, Wordpress

Analyst/Strategist

Courtney Dumont

As Senior Marketing Strategist & Analyst at Technology Therapy Group, Courtney is energized by the ability to flex both her left and right brain daily. Courtney discovered her passion for Marketing at Bryant University, where she spearheaded research on students’ perceptions of Social Media Marketing for her Honors Capstone Project. After graduating Bryant in 2012, she joined the Technology Therapy team, where she’s honed her skills in social media, search and social advertising, email marketing, SEO, and more.

Since joining the team, Courtney has created digital marketing strategies and managed campaigns for clients across the country, ranging from plastic surgery centers, to jewelry stores, to construction companies. With a cohesive, cross-channel approach and a focus on data-driven decision making, she has increased their leads by up to 217%. But Courtney doesn’t leave her zeal for social media at the office; she also runs a local foodie Instagram account with her husband to document their meals across Rhode Island and beyond. Check them out: @hoppilyfed.

Specialties:
Marketing Strategy, Data Analysis, Google Ads, Facebook Ads, Social Media

Platforms/Tools:
Google Analytics, Google Ads, Facebook Ads, Facebook Creator Studio, Instagram, Klaviyo, Mailchimp, Emma Mail, Google Data Studio, WordPress, YouTube, LinkedIn, Facebook, Microsoft Office