Some of our clients have been asking, “Should we consider advertising on TikTok?”
Short Answer:
If your target audience is Gen Z, then yes. If they are older, then you should consider other platforms for advertising to start.
Long Answer:
Our partner Sprout Social, Inc. investigated this recently. They found, according to Statista, that the largest age group of TikTok users in the U.S. in 2021 was 10-19. Millennials and Gen Xers weren’t terribly far behind. However, Global Web Index (GWI) reports that 30% of Gen Zers use TikTok for product research; compared to 16% of Millennials, 9% of Gen Xers and 2% of Baby Boomers.
Since a majority of users seek entertainment from TikTok content (GWI reports), companies could benefit from social listening on this platform to keep abreast of trends or to create a content strategy to start reaching younger audiences. However, unless targeting young Gen Zers, your ad dollars would be better spent elsewhere for now.
Have any other questions about your Social Media advertising strategy? Contact us for a consultation.