Over 1 billion people use the smashing success of the short-form video platform, TikTok. In fact, TikTok has become somewhat of a cultural phenomenon. With its specific nuances, verbiage and more, the platform serves as a great tool for marketers to reach target consumers with the right data-driven approach.
TikTok just released their What’s Next report full of insights, case studies and trends for brands to take note of. The report is based on user behavior in 2021 and offers insights into how marketers can use the platform better in 2022.
The report is based on user behavior and identifies which verticals are trending on the platform.
The 35 page report can be downloaded
here. However, most people don’t have the time to read 35 pages so we will go over the key takeaways in this post.
The report emphasizes the following trends and if your brand could capitalize on one or more of these trends, they’re already proven.
While many marketers associate TikTok with teens dancing and lip synching, the platform and it’s audience has matured lately and now has a broader demographic. Gen Z is still the biggest audience on the platform so brands who want to reach a younger audience shouldn’t overlook TikTok.
TikTok is said to be more authentic than other platforms with 73% of TikTok users feeling a deeper connection with brands than on other platforms.
Consumers crave interaction and this made community a theme of the latest report. Community is so strong on TikTok that 67% of users say they’ve purchased a product on TikTok even when they weren’t planning to do so!
The trend #TikTokMadeMeBuyIt was huge in 2021 and still is trending in 2022. The hashtag represents the power of word of mouth to make a product go viral.
This type of power is called a social commerce movement and the report offers tips on creating viral trends on TikTok.
The hashtag #TikTokMadeMeBuyIt has been viewed 9.7 billion times. It has become popular for product discovery and has even made some small brands famous.
Influencers, or in the words of TikTok, “creators” were another central theme in the report. Partnering with influencers can increase view-through rates by 193%!
TikTok claims that partnering with influencers on their platform is more effective than paid ads.
Last year, TikTok created the
Creator Marketplace which allows brands to connect with high profile TikTokers aka influencers. Brands can search through the Creator Marketplace via searches like industry, budget, goals, etc.
Though the Creator Marketplace is fairly new, it already has over 100,000 creators that brands can partner with.
Not getting the engagement you would like on TikTok? In the report, TikTok shared engaging post types that their users love.
Start brainstorming how you can implement some of the following ideas:
What do you think is the key takeaway from TikTok’s latest report? We’d love to read all about what stands out to you in the comments below!