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TikTok Announces New Ad Tools and Performance Insights at Second ‘TikTok World’ Event

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TikTok Announces New Ad Tools and Performance Insights at Second ‘TikTok World’ Event

Today, TikTok has held its second annual TikTok World event, where it shared a range of ad tips, insights, and previews of new promotional features that will open up new opportunities for marketers in the app.

And given its meteoric growth, many businesses are looking to tap into TikTok to maximize their reach and presence – which they’ll have more opportunities to do with these new and coming ad features.

Here’s a look at all the major announcements from the event:

First off, TikTok’s launching a new ‘Showtimes’ ad unit for movies, which will enable users to select showtimes, and buy tickets at their local cinema, all in-stream.

Which is a fairly simple, logical integration, which will help cinemas target younger audiences, who are increasingly likely to be heading to the movies. But the broader strategy for TikTok is also about encouraging purchase behavior in the app, and getting users more used to spending directly in-stream.

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That could then help it expand that behavior to more shopping actions, and with TikTok also building product fulfilment centers in the US, as part of its larger eCommerce push, the more discovery and purchase activity it can encourage in the app, the better.

So while there will be immediate benefit for cinema chains and movie studios, there’s also a secondary push from TikTok to establish new norms around purchase behaviors in the app, which TikTok desperately wants to encourage in order to maximize its revenue potential and creator monetization options.

TikTok’s also announced a new ad objective called ‘Focused View’, which will see advertisers charged based on attention and engagement.

As explained by TikTok:

Focused View is the next generation of our current Video View campaign objective on TikTok Ads Manager. With Focused View, brands only pay when users have voluntarily watched an ad for at least 6 seconds or when they interacted with the ad within the first 6 seconds (whichever comes first). This means that ads are shown to users who are truly paying attention and voluntarily engaging with the brand.

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I mean, that’s pretty similar to how YouTube charges for ads (only once a viewer has watched for 5 seconds), so in terms of industry norms, it’s not revolutionary. But it could be a valuable consideration on TikTok, where swiping by is a habitual practice, and most ads likely do get passed over very quickly.

TikTok’s also added some new elements to its Lead Gen ads offering, including increased customization for Lead Gen forms, and a carousel display to highlight specific messaging.

TikTok World updates

TikTok’s also added a new ‘logic setting’, which will enable advertisers to deliver variable questions in their forms, based on a users’ previous responses.

TikTok also announced some updates to its Creator Marketplace platform, which now facilitates connection to over 800,000 qualified creators around the world. 

TikTok Creator Marketplace

To further evolve its Creator Marketplace platform, TikTok says that it’s improved its search capabilities, including the integration of more data points from previous brand/creator partnerships to help in your selection process. It’ll also now enable brands to post details of upcoming campaigns, to which creators will then be able to proactively apply to partner up on promotions.

It’s also adding ‘Creator Marketplace Match, a new recommendation functionality that will be able to automatically generate lists of potential creative partners based on a brand’s brief – ‘in under 10 seconds’.

That could make it easier to find the right influencers for your campaigns – and with 71% of the TikTok community noting that a creator’s authenticity is what motivates them to buy from a brand, it’s worth considering the potential of such in your process.

You can check out Creator Marketplace here

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And if you are looking to find the right creative partners, and tools, TikTok’s also published a new, 35-page playbook for its various creative solutions and options:

TikTok World updates

The guide includes tips and notes on how to find the right creative partners and tools for your process, and even includes a quiz to help guide you on your way:

TikTok World updates

It could be another way to help optimize your TikTok marketing approach – you can access the Creative Solutions Finder guide here.

TikTok’s also shared a range of research reports and audience insights, including these data and trend notes:

  • 73% of TikTok viewers say they feel a deeper connection to the brands they interact with on TikTok
  • Brands are remembered 40% more on TikTok than on other platforms
  • TikTok is now the fastest-growing channel for discovery with 15% of product discoveries across media channels, emails, and word of mouth

In combination, there’s a heap of data insights and tips to consider, which could help in your TikTok marketing process.

And given TikTok is the app of the moment, where many people are spending hours a day, it may well be worth giving it some thought, and considering how you might be able to use these tools in your holiday marketing push.

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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

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Snapchat Explores New Messaging Retention Feature: A Game-Changer or Risky Move?

In a recent announcement, Snapchat revealed a groundbreaking update that challenges its traditional design ethos. The platform is experimenting with an option that allows users to defy the 24-hour auto-delete rule, a feature synonymous with Snapchat’s ephemeral messaging model.

The proposed change aims to introduce a “Never delete” option in messaging retention settings, aligning Snapchat more closely with conventional messaging apps. While this move may blur Snapchat’s distinctive selling point, Snap appears convinced of its necessity.

According to Snap, the decision stems from user feedback and a commitment to innovation based on user needs. The company aims to provide greater flexibility and control over conversations, catering to the preferences of its community.

Currently undergoing trials in select markets, the new feature empowers users to adjust retention settings on a conversation-by-conversation basis. Flexibility remains paramount, with participants able to modify settings within chats and receive in-chat notifications to ensure transparency.

Snapchat underscores that the default auto-delete feature will persist, reinforcing its design philosophy centered on ephemerality. However, with the app gaining traction as a primary messaging platform, the option offers users a means to preserve longer chat histories.

The update marks a pivotal moment for Snapchat, renowned for its disappearing message premise, especially popular among younger demographics. Retaining this focus has been pivotal to Snapchat’s identity, but the shift suggests a broader strategy aimed at diversifying its user base.

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This strategy may appeal particularly to older demographics, potentially extending Snapchat’s relevance as users age. By emulating features of conventional messaging platforms, Snapchat seeks to enhance its appeal and broaden its reach.

Yet, the introduction of message retention poses questions about Snapchat’s uniqueness. While addressing user demands, the risk of diluting Snapchat’s distinctiveness looms large.

As Snapchat ventures into uncharted territory, the outcome of this experiment remains uncertain. Will message retention propel Snapchat to new heights, or will it compromise the platform’s uniqueness?

Only time will tell.

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Catering to specific audience boosts your business, says accountant turned coach

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Catering to specific audience boosts your business, says accountant turned coach

While it is tempting to try to appeal to a broad audience, the founder of alcohol-free coaching service Just the Tonic, Sandra Parker, believes the best thing you can do for your business is focus on your niche. Here’s how she did just that.

When running a business, reaching out to as many clients as possible can be tempting. But it also risks making your marketing “too generic,” warns Sandra Parker, the founder of Just The Tonic Coaching.

“From the very start of my business, I knew exactly who I could help and who I couldn’t,” Parker told My Biggest Lessons.

Parker struggled with alcohol dependence as a young professional. Today, her business targets high-achieving individuals who face challenges similar to those she had early in her career.

“I understand their frustrations, I understand their fears, and I understand their coping mechanisms and the stories they’re telling themselves,” Parker said. “Because of that, I’m able to market very effectively, to speak in a language that they understand, and am able to reach them.” 

“I believe that it’s really important that you know exactly who your customer or your client is, and you target them, and you resist the temptation to make your marketing too generic to try and reach everyone,” she explained.

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“If you speak specifically to your target clients, you will reach them, and I believe that’s the way that you’re going to be more successful.

Watch the video for more of Sandra Parker’s biggest lessons.

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Instagram Tests Live-Stream Games to Enhance Engagement

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Instagram Tests Live-Stream Games to Enhance Engagement

Instagram’s testing out some new options to help spice up your live-streams in the app, with some live broadcasters now able to select a game that they can play with viewers in-stream.

As you can see in these example screens, posted by Ahmed Ghanem, some creators now have the option to play either “This or That”, a question and answer prompt that you can share with your viewers, or “Trivia”, to generate more engagement within your IG live-streams.

That could be a simple way to spark more conversation and interaction, which could then lead into further engagement opportunities from your live audience.

Meta’s been exploring more ways to make live-streaming a bigger consideration for IG creators, with a view to live-streams potentially catching on with more users.

That includes the gradual expansion of its “Stars” live-stream donation program, giving more creators in more regions a means to accept donations from live-stream viewers, while back in December, Instagram also added some new options to make it easier to go live using third-party tools via desktop PCs.

Live streaming has been a major shift in China, where shopping live-streams, in particular, have led to massive opportunities for streaming platforms. They haven’t caught on in the same way in Western regions, but as TikTok and YouTube look to push live-stream adoption, there is still a chance that they will become a much bigger element in future.

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Which is why IG is also trying to stay in touch, and add more ways for its creators to engage via streams. Live-stream games is another element within this, which could make this a better community-building, and potentially sales-driving option.

We’ve asked Instagram for more information on this test, and we’ll update this post if/when we hear back.

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