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Who is winning the business game on TikTok?

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TikTok has quickly transformed from a site for dance routines and funny videos to an international marketplace where companies large and small can develop genuine, direct connections with audiences. What sets apart the successful businesses on TikTok is not just their eagerness to join, but their ability to utilize the platform’s distinct culture, features, and algorithms to boost interaction and expansion.

The Power of Authenticity: Storytelling over Selling

En TikTok, la publicidad convencional suele no ser efectiva. Los usuarios prefieren el contenido que se siente auténtico y cercano, lo que implica que las compañías que actúan más como creadores que como empresas generalmente prosperan. Por ejemplo, Ryanair, una aerolínea de bajo costo, ha conseguido millones de seguidores al convertir la marca en un personaje con el que se puede identificar. Utilizando sonidos de moda, filtros graciosos y comentarios autocríticos sobre los retrasos de vuelos y las ansiedades de viaje, Ryanair transforma las quejas de los clientes en contenido humorístico. Esta táctica hace que la aerolínea sea percibida como accesible y humana, en lugar de ser solo otra empresa sin rostro.

Instead of straightforward product promotions, companies thriving on TikTok create content focused on storytelling. Smaller enterprises often share sneak peeks of their operations: the production process of items, daily activities, or genuine responses to client feedback. The hashtag #smallbusiness has accumulated over 109 billion views, highlighting the demand for this candid and unedited viewpoint. For example, café proprietors such as Kleins Coffee in the US tell tales about their family traditions or spotlight the “Coffee of the Day,” fostering deep connections that extend beyond the products.

Adopting Trends and Overcoming Challenges: Flexibility Yields Benefits

Virality on TikTok is driven by trends and challenges—formats that offer equal opportunities for brands no matter their marketing budget. Duolingo, a language-learning platform, exemplifies the promise of this approach. Their strategy revolves around the company’s green owl mascot engaging with trends, memes, and cultural happenings in a fun, sometimes cheeky manner. Duolingo’s TikTok account frequently garners millions of views by quickly reacting to popular sounds or viral humor, demonstrating that staying current and being fast are key advantages.

Esta adaptabilidad también se aplica al comercio minorista. Las marcas de belleza como Fenty Beauty y The Ordinary han logrado el éxito no solo a través de la promoción de productos, sino reaccionando a desafíos virales de maquillaje, respondiendo a las preguntas de los usuarios y compartiendo tutoriales novedosos que simplifican las rutinas de cuidado de la piel. Su disposición a otorgar el control creativo a creadores de TikTok, permitiendo que voces auténticas experimenten con los productos, incrementa su credibilidad y fomenta la viralidad.

User-Generated Content as Growth Engine

An additional feature of thriving TikTok companies is adopting consumer-created content (UGC). Companies such as Chipotle purposefully design initiatives aimed at duplication, like their #LidFlip challenge, which invited participants to flip burrito bowl lids and display their personal Chipotle meals. These types of initiatives not only create excitement but also enable the brand’s influence to grow naturally as users remix, interact with, and reimagine the initial material.

UGC also supports grassroots marketing for smaller businesses. For instance, Bala Bangles, a fitness accessory company, surged in popularity after TikTok creators demonstrated creative workout routines featuring their products. This peer-driven exposure resulted in a cascading effect, with the brand’s sales spiking as viral videos inspired countless imitations and positive reviews.

Utilizing TikTok Shopping and Collaborations with Influencers

The rise of TikTok Shop and seamless shopping integrations has further shifted the landscape. Companies that adopt TikTok’s native e-commerce tools benefit from reduced friction between product discovery and purchase. For example, fashion retailer ASOS utilizes try-on hauls, “get ready with me” videos, and live shopping events to showcase products authentically, driving immediate conversions within the app.

Influencer partnerships remain pivotal as well. Brands like Glow Recipe align with skincare influencers whose honest product reviews and demonstrations spark viral trends and sustained conversations about ingredient transparency. This transparent, peer-to-peer marketing is particularly potent among Gen Z and millennial demographics.

Various Industries Achieving Success

The successful approach isn’t limited to just one field. A variety of industries are flourishing:

Learning: EdTech companies like Study Smarter along with science communicators such as Hank Green simplify intricate subjects into engaging and easy-to-understand insights, transforming education into an enjoyable and shareable experience.

Finance: Financial literacy creators work with fintech brands, explaining investment basics or demystifying credit scores through skits, turning a traditionally dry subject into accessible advice.

Food & Beverage: Both neighborhood bakeries and global brands flourish by showcasing recipes, conducting flavor trials, and sharing customer feedback videos that entice audiences to make online purchases.

Data and Case Analyses: Assessing Influence

Data emphasizes the impact of TikTok on businesses. TikTok’s “What’s Next” report for 2023 reveals that 38% of its international audience has bought a product after viewing it on the app. A significant example is Little Moons, a mochi ice cream company from the UK, which experienced a 700% rise in sales at supermarkets following a viral video on TikTok directing users to buy the product. The “TikTok made me buy it” trend highlights the platform’s ability to ignite sales trends swiftly.

Another study by Marketing Dive revealed that campaigns leveraging TikTok influencers delivered nearly double the engagement of those on Instagram or Facebook, especially in beauty, apparel, and food verticals. The consistent thread: Winning companies align messaging with the platform’s fast-moving, creator-centric ecosystem.

The future of business

Enterprises thriving on TikTok are the ones who understand and adopt the platform’s environment of sincerity, quickness, and community involvement. They view each video as a chance to tell stories, rather than just to promote products. By combining innovation with adaptability and prioritizing authentic interaction over traditional advertising, these firms engage users in a shared, ever-changing brand story. Achieving success on TikTok focuses less on capturing attention and more on collaboratively shaping significance with an engaged and enthusiastic audience.

By Amelia Reed

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