When it comes to digital marketing, social media is the one constant source of surprise. It’s impossible to follow the latest social media fads since they change so rapidly. When you a single service has cornered the market, another one will appear, changing the dynamic.
While social media and microblogging platforms like Facebook, Instagram, Snapchat, and Twitter were already titans in the advertising industry, a new player joined the scene and altered the playing field irrevocably.
You’ve nailed it, right? We’ll be discussing TikTok today, the popular social networking site where users upload brief lip-synced, musical, talent, or comedic videos. TikTok has become a phenomenon on social media. The meteoric ascent of TikTok is a fascinating snapshot of the current craze for user-generated content, which is particularly popular among the young. Their innovative approaches to brand communication helped turn the world into a network of people connected through the rapid exchange of short video clips.
Now, let’s dive into the backstory of TikTok’s meteoric rise to fame.
Musical.ly, a social media video app owned by the Chinese, has suddenly become one of the most downloaded apps in the world. Alex Zhu and Luyu Yang created the app in 2014. Launched in China in September 2016, ByteDance’s Douyin is a social media video app. In order to market the app abroad, they changed its name to TikTok. In 2018, it began to acquire traction in the Thai market.
In the East, TikTok/Douyin was the most popular social video sharing app, while in the West, another app with Chinese origins, Musical.ly, was influential. Launched in August of 2014, Musical.ly provided its users with a live video platform on which they could upload and share short videos featuring lip sync or comedic skits. Particularly popular with American teenagers.
In November 2017, ByteDance committed $1 billion to acquire Musical.ly; in August 2018, the company joined with TikTok to form a massive video community. More than 104 million copies of the software were downloaded from Apple’s App Store in the first half of this year alone, and the app’s user base has only continued to grow since then. Tiktok has expanded to 750 markets worldwide on Android and 154 markets worldwide on iOS. TikTok’s lip-synching functionality was lifted straight from Musical.ly, and it remains one of the app’s most popular features today.
TikTok’s Profitability Formula
TikTok is a social media network that facilitates connections between users based on the types of material they are hoping to receive or share through the use of short videos. The app makes an effort to generate interesting content by posing various tasks to its users. As an attention-based network, TikTok relies heavily on advertising revenue.
Powered by AI algorithms that can enhance content and recommendation, TikTok challenges feature catchy musical tracks that can be filtered through various effect filters. TikTok is an innovative social media platform that uses a series of challenges of many types to inspire its users to create original content. You may identify TikTok by its primary features, which are:
Traditional social media that depends on users to spread information and ideas.
A consolidated system that includes enticing musical accompaniment for completing the platform’s difficulties.
Attractive modifications that can be made to the videos, such as filters and effects.
TikTok stands out from other social media platforms due to its emphasis on hashtags, which users use to search for and share content based on popular topics like challenges, memes, and more. TikTok is a social media app that does not encourage users to talk about current events. Instead, you can use it as a place to let loose, play about, and relieve some of that pent-up tension.
The aid of influential people in promoting a campaign might be invaluable. TikTok is a great way for influencers and brands to work together. While it’s true that using influencer marketing can increase engagement among fans, brands still need a method for selecting influencers who are genuine and in line with the brand’s values.