If you haven’t tapped into TikTok’s incredible marketing potential, you’re missing out on one of the most dynamic platforms for growing your business. With over 1.5 billion monthly active users as of 2024 and unparalleled engagements, TikTok isn’t just a platform for dance challenges and memes—it’s where businesses of all sizes are finding new audiences and driving real results.
Whether you’re running a local gym, a trendy e-commerce store, or even a B2B service, TikTok offers an unmatched opportunity to promote your brand and connect with audiences authentically. Here’s why TikTok is the best platform to grow your business now and how you can leverage it effectively.
1. TikTok’s Explosive Growth
TikTok has quickly become the most downloaded social media app in the world. Its algorithm is designed to ensure that anyone, even new creators, can reach a large audience. Unlike traditional platforms where building a following takes months or years, TikTok allows your content to be seen by thousands—or even millions—with just one post.
Here's some of the key statistics worth taking a look at:
2. Unmatched Organic Reach
TikTok’s algorithm is what sets it apart. Unlike Instagram or Facebook, where only your followers are likely to see your posts, TikTok’s “For You Page” (FYP) allows your content to reach users who have never interacted with your brand before. This means you can:
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Go viral without spending a dime on ads.
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Test different types of content to see what resonates with your audience.
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Build brand awareness organically through relatable and entertaining posts.
In October 2019, Elf Cosmetics launched the #EyesLipsFace challenge, amassing over 4 billion views and substantially boosting brand awareness. Even for an established brand, this was a feat hard to achieve organically.
3. Diverse Content Opportunities
TikTok’s versatile features allow businesses to be creative in how they engage their audience. You can use:
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Short Videos: Perfect for product demos or quick tips.
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Trends and Challenges: Participate in trending hashtags or create your own branded challenge.
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Live Streams: Connect directly with your audience, answer questions, or launch a new product.
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Storytelling: Share your brand’s journey or spotlight customer success stories.
This diversity makes TikTok the ideal platform for businesses to experiment and find their unique voice.
4. Cost-Effective Advertising
TikTok’s advertising platform offers options for businesses with any budget. From in-feed ads to branded hashtag challenges, TikTok ads deliver high engagement and visibility at a lower cost compared to other platforms. The platform’s ability to hyper-target audiences ensures your marketing dollars are spent effectively.
Notably, during the 2024 holiday season, TikTok Shop achieved $100 million in U.S. sales on Black Friday alone, underscoring the platform's e-commerce potential.
5. TikTok Videos are Relatively Easy to Create
One of the biggest advantages of TikTok is its simplicity and accessibility for content creation. Unlike long-form video platforms such as YouTube, which often requires extensive planning, filming, and editing to produce high-quality content, TikTok thrives on short, authentic videos. Businesses don’t need expensive equipment or professional videographers to make an impact. A smartphone and a creative idea are all you need.
TikTok’s built-in tools make video creation even more effortless. The app offers a variety of editing features, music libraries, and effects that allow users to produce engaging content within minutes. Additionally, the emphasis on authenticity means businesses can post quick, behind-the-scenes clips or participate in trending challenges without the pressure of high production values. This ease of use enables brands to maintain a consistent posting schedule, which is crucial for building and engaging an audience.
TikTok for Brands: The Verdict
TikTok’s dominance is growing, and early adopters are reaping the rewards. The longer you wait, the harder it will be to stand out as more businesses join the platform. By establishing your presence now, you can build a loyal following and stay ahead of your competition.
TikTok is more than just a social media app; it’s a game-changer for businesses looking to grow their audience, boost sales, and build a brand that resonates. Whether you’re a startup, a local business, or an established company, TikTok offers an unparalleled opportunity to connect with your audience in creative and impactful ways.
Ready to take your TikTok strategy to the next level? At Dibs, we specialize in helping businesses like yours create engaging content, harness trends, and drive real results on TikTok. Contact us today to schedule a free non-obligatory consultation and let’s make your business the next TikTok success story!
References
Arriana McLymore, & Sheila Dang. (2024, December 8). US spending on TikTok Shop gains as TikTok faces threat of ban. Reuters. https://www.reuters.com/technology/us-spending-tiktok-shop-gains-tiktok-faces-threat-ban-data-shows-2024-12-07/
Team, H. (2024, May 30). How Elf Cosmetics conquered TikTok: a case study on beauty brand success. House of Marketers. https://www.houseofmarketers.com/elf-cosmetics-beauty-brand-tiktok-case-study/
West, C. (2024, August 29). 27 TikTok statistics marketers need to know in 2024. Sprout Social. https://sproutsocial.com/insights/tiktok-stats/