🔽 Major brands are cutting advertising costs on TikTok amid a possible ban in the US With TikTok's likely U.S. ban looming, which could take effect in January 2025, advertisers are already starting to consider other options. Updated data from MediaRadar shows overall ad spending on TikTok fell in April and May. Adweek reports this. The platform's user growth, especially among young people, has also stalled, according to data provided by five sources. 🕯 Four of the top ten advertisers on TikTok reduced their spending in April compared to the previous month. These include Target (down 30%), DoorDash (down 25%), Bayer (20%) and Procter & Gamble (10%). “Until all users leave or are forced to leave by a ban, there is too much attention on TikTok to ignore,” said the chief executive of creative agency ADWEEK. Since the announcement of the possible ban, some brands have shifted their focus from raising brand awareness to more results-oriented goals. ℹ️ If TikTok does exit the US market, brands will be forced to look for other advertising platforms. Accordingly, they can start reducing their TikTok ad spend now in preparation for future changes. #Tiktok
Hison Agency’s Post
More Relevant Posts
-
Amid concerns over a potential TikTok ban in the U.S. next year, advertisers are already adjusting their strategies. According to Adweek and insights from MediaRadar, TikTok ad spend dropped in April and May. Major advertisers like Target, DoorDash, Bayer, and Procter & Gamble have notably reduced their spending on the platform by 30%, 25%, 20%, and 10%, respectively. This shift suggests brands are preemptively reallocating their advertising budgets in anticipation of TikTok's possible exit from the U.S. market. READ MORE: https://lnkd.in/gu9e75nd
To view or add a comment, sign in
-
Marketing Innovation & AI Integration Manager | Strategic Digital Marketing Leader | Driving Growth & Efficiency thru AI powered Marketing Strategies | Proven Expertise in Revenue & Brand Enhancement
🚀📈 TikTok Advertising Update 📉❓ As the uncertainty over a potential U.S. ban looms, TikTok's advertising momentum is showing signs of slowing down. 🤔 Ad spend on TikTok saw a gradual decrease from 19% growth in March to 6% in May, indicating a shift towards more performance-driven ROI goals. 💼💰 Despite the stagnating user growth, advertisers are still drawn to TikTok's strong engagement metrics. 🔥👀 Let's keep an eye on how users and advertisers navigate the discussions around TikTok's future in the U.S. market. 🧐📲 #TikTok #Advertising #Engagement #FutureReady
To view or add a comment, sign in
-
🔮 The Uncertain Future of TikTok 🔮 As TikTok's fate to either sell or face being banned in the U.S. was determined yesterday, social media advertisers and brands should bracing for potential impacts and strategic shifts: Expect shifts in media planning and buying strategies, with platforms like Meta Reels and YouTube Shorts likely to see increased ad spend as brands diversify their investments. Brands reliant on TikTok may need to pivot their marketing tactics, while competitive categories may face challenges in standing out amidst the evolving social media landscape. The uncertainty surrounding TikTok underscores the importance of diversification and agility in brand marketing strategies, with broader implications for industry norms and consumer engagement practices. 💡 The concept of platform diversification and adaptability holds relevance for various sectors emphasizing the importance of innovation and consumer-centric approaches in digital marketing. As the future of TikTok unfolds, brands and advertisers must remain vigilant, flexible, and proactive in navigating the shifting landscape of digital advertising. #DigitalAdvertising #BrandStrategy Read more: https://lnkd.in/gKuepw8r
How Ad Buyers Are Advising Clients as Possible TikTok Ban or Sale Looms
adweek.com
To view or add a comment, sign in
-
The first billion 🎵 TikTok's advertising game hit $1.2 billion in the last quarter of 2023, jumping 43% from the start of the year. Big companies like Amazon and Disney are leading the way, showing that TikTok is where the action is. With 11,800 companies spending an average of $318 million each month, it's clear: TikTok is a key player in the ad world. As TikTok's popularity keeps soaring, it's predicted to outpace Facebook in daily use by 2025. The platform isn't just about catchy tunes and dances; it's a hotspot for brands to connect with a lively, young audience. Most of the ad money comes from media and entertainment, with over $1 billion spent in 2023. Retail and tech aren't far behind, pouring hundreds of millions into reaching TikTok's engaged users. TikTok's rise shows us the future of advertising is changing. It's not just what you say; it's how creatively you say it. What do you think this shift means for how brands reach out to us? Is TikTok setting new rules for the ad game? #TikTokAds #FutureOfMarketing #AdRevolution #BrandEngagement
To view or add a comment, sign in
-
TikTok continues to dominate the ad equity space, securing the #1 spot among media platforms globally for the fifth consecutive year! Key highlights include: 🏆 Leading the way as the #1 video platform in ad equity, ensuring a positive ad experience for consumers and driving impactful campaign results for brands. 💰 Topping the charts for the increase in ad spend in 2025, with over two-thirds of marketers planning to boost their investment in TikTok. ✨ Recognized as the #1 brand for innovative advertising for the fifth consecutive year, showcasing our commitment to cutting-edge marketing strategies. Stay ahead of the curve with TikTok's innovative advertising solutions! Check out more insights here: [https://lnkd.in/dTyqHsUS] #TikTok #Advertising #Innovation
To view or add a comment, sign in
-
📌Things to look for in TikTok ad placements. 1️⃣ Ad Account Setup The construction of TikTok advertising account can follow a campaign to put 5 to 7 ad groups, each ad group to put 2 to 3 video material. If you don't have enough material, you can copy the ad groups that are good for singles to increase the probability of singles.🔍 2️⃣ Bids and price increases per bid In TikTok advertising, for products that have not been run before, each bid increase should be set according to the system's bid as much as possible, and the range of each bid increase should be around 10% to 15%. If you have run similar products before, then you can bid according to the price of similar products before. There are also bids that are set at 30% of the selling price.🌟 3️⃣ Frequency of updating of material TikTok's material cycle is generally around a week, occasionally you'll come across some good material, but at most it's like a month to two months. Regularly replacing good, creative product material is the most crucial factor in making TikTok ads run well.📣 #TikTokAds #TikTok #Campaign #Adplacements
To view or add a comment, sign in
-
In the coming months, we anticipate a challenge to the TikTok ban. While the outcome remains uncertain at this point, as marketers, it reinforces the need to diversify your media mix. Relying on a single channel for performance is risky and adaptability is key. #MarketingStrategy #TikTokBan https://lnkd.in/ezpiHbvQ
How Ad Buyers Are Advising Clients as Possible TikTok Ban or Sale Looms
adweek.com
To view or add a comment, sign in
-
Big advertisers like Target and Procter and Gamble are reducing TikTok ad spend as a potential US ban looms ➡️ https://lnkd.in/gu9e75nd The question is: Should you follow suit or capitalize on potentially lower competition? It's a judgment call. #TikTokMarketing #SocialMediaStrategy #SocialMediaMarketing #Advertising
Big Brands Reduce TikTok Ad Spending Ahead of US Removal
socialmediatoday.com
To view or add a comment, sign in
-
Media Planner at Point2Web | Driving Advertising Success for E-Commerce, Search Arbitrage & more | Ensuring Compliance & Enabling Scalable Growth Contact me Telegram: @ZIGVIL, Skype: live:.cid.649313b7e13fb36b
Navigating TikTok Advertising in 2024: Key Insights and Advice Remember when TikTok was the go-to platform for its lenient ad policies and low-cost traffic back in 2021? Well, things have changed drastically since then. By early 2024, TikTok's advertising policies tightened significantly, causing even white-hat ads to be rejected without clear reasons and CPMs rising. Since April-May 2024, autobans have become a challenge for advertisers on TikTok, creating a tough environment for many. Despite the frustration, ads are still running successfully for some. Here are a few tips that have helped some of us: - Take Your Time: Avoid rushing. Change not just the domain but also site content, creatives, proxies, and users to comply with TikTok's policies. - Use Agency Accounts: They tend to have a better success rate with fewer bans. Start with light content like landscape or cat videos for initial adsets to gain positive user reactions and approvals. While TikTok’s current state is challenging, adapting your strategies can still yield results. Read the advertising policies carefully, make substantial changes to your content, and use agency accounts to navigate these turbulent times. Wishing everyone success and profit! #TikTok #CompliantAds #AgencyAdAccounts
To view or add a comment, sign in
-
Despite ongoing concerns about potential U.S. bans, TikTok is expanding its ad offerings, introducing more premium ad slots to help brands capitalise on highly engaging content. Here’s what you should focus on: 🟡 Pulse Premiere Slots: TikTok has beefed up its 'Pulse Premiere' slots, where ads are positioned just after high-quality publisher content, ideal for brands accustomed to TV-like ad placements. Expect to engage with content across diverse categories like lifestyle, sports, and entertainment. 🟡 TikTok Shop and Showcase: A significant development for e-commerce, TikTok Shop and Showcase features allow brands to sell directly through TikTok. This could be a game-changer for in-feed video marketing and live sales, with a streamlined process from product discovery to post-payment. 🟡 Unique Reach and Ad Recall: TikTok’s stats show impressive results: 58% of campaign impressions reached an audience not exposed to the TV ads. Additionally, campaigns that integrated TikTok with traditional TV saw a 22% increase in audience reach. For advertisers, this means TikTok can significantly extend the reach and effectiveness of cross-platform campaigns. 🔍 Takeaway for Marketers: As TikTok further integrates with mainstream advertising channels and boosts its e-commerce capabilities, there’s a clear signal here for businesses to consider diversifying their ad spend to include TikTok, especially for those looking to enhance reach and engagement in a dynamic digital environment. #tiktok #digitalmarketing #advertising #marketingtrends
To view or add a comment, sign in
75 followers