Chapter Review: Marketing with TikTok
Howdy readers! This week we are learning about marketing with TikTok! For those of you who have not experienced this social media platform, TikTok is a short video sharing platform that has taken the world by storm over the last two years following it being the most downloaded app of 2020. TikTok boasts a monthly active user count of 689 million and ranks 7th among all social media platforms. TikTok's users fall mostly within the 13-24 year-old age bracket, representing 69 percent of the population. TikTok is used more by females than males as there is a 60 40 split in percentages, respectively. TikTok is available in 155 countries, 75 languages and users spend an average of 52 minutes per day on the app. While TikTok is mostly user generated content, brands have found significant success in leveraging the platform to grow their business. Over 1,000 major brands are already using the app and have found an average engagement rate of 9 percent on th...