Win Over Audiences with Effective Finance Content Marketing
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As new social media platforms roll into our day to day lives, it is important to understand their marketing powers and which audiences fit best with your brand. TikTok is the newest social media platform that has really captured the attention of individuals globally. Tiktok advertising popularity has accelerated within the past couple of years. Brands want the opportunity to present their brand on a platform.
TikTok has reached a total lifetime user spending of $2.5B globally, has about 1 billion monthly active users since February 2021, and an engagement rate of 18% – higher than any other social platform. It provides a huge opportunity for brands to not only introduce their brand but drive incremental conversions.
We know TikTok for its authentic, personalized, funny, and relatable content. Many brands use this tactic to show their brand’s personality and connect with their customers on a more personal level. True, Millennials and their younger peers in Generation Z are tired of ads. In fact, many of them use ad blockers when they browse.
But since engagement on TikTok is so high, advertisers can promote consumer advocacy rather than pure marketing strategy. This way, “you build brand awareness with an audience that talks about you because they’re genuinely impressed.” Many brands are focusing on reaching younger demographics on TikTok. However, 53% are aged 30+ – leaving a large reach for brands not going for the typical Gen-Z audience.
TikTok is a place for authenticity and personality – differentiating from a majority of social platforms in which highly-produced and staged ads perform better. Brands should strive to make their advertising blend in on TikTok. Create a seamless user experience and minimize viewing disruption. The ad should not look like a typical ad seen on other platforms because it will be not resonate. However, if it uses trending audio, popular dances, or tells a funny story, it is more likely to gain attention.
TikTok is a great platform to show your brand in a new authentic light. Create genuine ads that blend in with content users are already viewing. Because of this, it is important that advertisers remain up-to-date on the latest TikTok trends so they can advertise in a way that does not seem invasive or out of place.
Take some time to scroll through the For You Page. Find the niche audiences you are looking for. Then create ads that fit the trends. As previously mentioned, when creating a TikTok ad, look out for trends in comedy, life hacks, dancing, social justice or audio – depending on your audience. A little effort to understand your audience’s interests can go a long way on TikTok. Finally, always keep in mind that authenticity and personality are key.
Written By: Julia Read, Sr Social Media Specialist and Rachel Vibbert, Data Architect
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