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There is no law that says you have to use Twitter.

Almost everyone agrees that large swaths of Facebook, Twitter, Instagram, TikTok, and Reddit are terrible, each in their own way. But these monolithic social media platforms are so ubiquitous, it’s easy to forget that you don’t have to use them. Which isn’t to say that you have to swear off of social media forever: There are less odious alternatives that will still let you participate in online life.

These smaller, scrappier social media platforms aim to either correct the most egregious mistakes their big brothers and sisters make, or to provide niche experiences that the larger social media companies can’t/won’t. Below are alternatives to five of the most popular social media platforms. None of them are perfect, but they’re at least different, and probably less terrible. Plus, if any of them really catch on, you can be first to complain about how they used to be so much better.

Ditch Facebook for MeWe: Freedom from advertising and tracking

There are tons of reasons to join the crowds fleeing Facebook—its terrifying targeted advertising policies, rampant misinformation, people use it to plan genocides, your cousin Gary—and only one reason to stay: The sheer number of users. Everyone is on Facebook, and maybe that’s the problem.

My suggested Facebook alternative, MeWe, offers a lot of features that will be familiar to Facebook-users—groups, private chats, tagging, content permissions—and boasts a Facebook-like look and feel, but WeMe is less evil. It’s completely advertising free and doesn’t track or sell its users’ data, staying afloat by offering for-pay premium services. On the downside: There are reportedly 16 million users of WeMe, which might sound like a lot, but it’s a drop in the bucket compared to Facebook’s nearly 3 billion users.

Switch from Twitter to WT.Social: News with less misinformation and hysteria

I’ve had a Twitter account since 2010, but I can’t anymore. I just want links to interesting news stories and the occasional cute cat pic, but Twitter seems intent on serving up maddening, toxic nonsense. The site is awash in hysteria, misinformation, manipulation, and bitterness. If you’re just sick of it like I am, check out WT.Social.

Launched in 2019 by Wikipedia founder Jimmy Wales, WT.social is completely ad-free and dedicated to combating misinformation by allowing users to flag and edit any post, like a certain famous online encyclopedia. There are no advertisers to appease, since the service is paid for through voluntary donations, and WT.social says its mission is to “foster an environment where bad actors are removed because it is right, not because it suddenly affects our bottom-line.”

Switch from Instagram to 500px: Better photos, less psychological trauma

Instagram has long been known to be devastating to the mental health of young people. The photo-sharing platform has been associated with depression, self-esteem issues, social anxiety, and other issues. It’s run by the same people who run Facebook, who seem bent on making social media experiences as addictive as possible. If you’re a photographer and you don’t want to support any of that just to show off your pics, you should switch to 500px.

The platform’s philosophy is built around quality pictures, so you can view and post pics in high resolution. The algorithm that determines which photographs are widely shared is based less on your number of followers and more on “likes” from people who don’t follow you. There are even opportunities to monetize your work.

While 500px is geared toward photographers, if you just like looking at pretty pictures, it might be the service for you too. Unlike Instagram’s mix of pictures, ads, and videos, 500px’s feeds feature only photographs, and it feeds aren’t based on Zuckerberg-style algorithms, so you’ll see only what you want to see.

Switch from TikTok to, well, something

TikTok is the nearly universal choice of young people eager to watch and share shorter videos. TikTok is so huge at the moment, it has no realistic challengers (other than old-school YouTube), and none on the horizon—but that doesn’t mean there aren’t any alternatives. Here are a few video sharing apps that offer things TikTok does not.

  • Triller. This app makes the already easy process of posting videos online even easier. Triller uses AI to edit videos in time to pre-selected music.
  • Clapper. If you’re worried that your important political views are being censored by TikTok, this moderation-light platform will let you spout off whatever dumb nonsense you’d like.
  • Clash. Created by one of the co-founders of Vine, Clash focuses on short form videos, and isn’t designed as a challenger to TikTok as much as a sidecar: It allows creators with existing followings to interact with and monetize their audience in exciting new ways. But that also means users can interact with their faves more easily, too.

Switch from Reddit to Discourse: Less dumbness, more smartness

It’s hard to believe now, but for a couple years after Reddit launched in 2005, it was a discussion forum for smart people. Unfortunately, popularity and an aversion to curation and moderation lead to a dumbing down of content and a proliferation of hateful and boring users. For a smaller, more focused discussion-based community, try Discourse. This open-source forum platform’s stated goal is to “raise the standard of civilized discourse on the internet through seeding it with better discussion software.” In practice, that means trusted, frequent users have a say in how communities are managed; it’s easy to flag bad content; and there exists robust and user-customizable curation. Plus, fewer people use it, so it hasn’t been ruined…yet.

Feature Image Credit: Chernousov family (Shutterstock)

By  Stephen Johnson

Sourced from lifehacker

By Alex Sherman

  • Facebook is openly copying TikTok, and calling it out as a significant competitor.
  • But Blake Chandlee, TikTok’s head of global business solutions, says his company specializes is entertainment, not social media.
  • TikTok hasn’t seen an advertising slowdown despite what other companies are saying, Chandlee said.

 

TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But TikTok has no interest in mimicking Facebook.

“Facebook is a social platform,” Blake Chandlee, TikTok’s president of global business solutions, told CNBC in an interview on Thursday. “They’ve built all their algorithms based on the social graph. That is their core competency. Ours is not.”

Chandlee, who spent 12 years at Facebook before joining TikTok in 2019, said his former employer will likely run into trouble if it tries to copy TikTok, and will end up offering an inferior experience to users and brands.

Facebook launched Instagram Reels in 2020 as its first real foray into the short-form video market. Last year, it brought the service over to its core Facebook app.

“We are an entertainment platform,” Chandlee said. “The difference is significant. It’s a massive difference.”

Facebook app chief Tom Alison told The Verge this week he sees TikTok increasingly stealing share from the world’s largest social network. Facebook plans to modify its primary feed to look more like TikTok by recommending more content regardless of whether it’s shared by friends.

“I think the thing we probably didn’t fully embrace or see is how social this format could be,” Alison told The Verge.

Facebook’s recent performance backs that up. Meta’s stock price is down 52% this year, underperforming the Nasdaq, which has dropped 32%. In April, the company said revenue in the second quarter could drop from a year earlier for the first time ever.

Earlier in the year, Zuckerberg acknowledged the increased competitive pressure from TikTok and said, “This is why our focus on Reels is so important over the long term.”

TikTok is owned by China’s ByteDance, which is privately held.

Chandlee said history is not on Zuckerberg’s side, and compares its current problem to the challenge that Google faced when it was trying to take on Facebook at its own game.

“You remember when Google was creating Google+,” Chandlee said. At Facebook, “We had war rooms at the time. It was a big deal. Everyone was worried about it,” he said.

But no matter how much money Google poured into its social-networking efforts, it couldn’t compete with Facebook, which had become the default place for people to connect with friends and share photos and updates.

“It became clear Google’s value was search and Facebook was really good at social,” Chandlee said.

“I see the same thing now,” he added. “We’re really good at what we do. We bring out these cultural trends and this unique experience people have on TikTok. They’re just not going to have that on Facebook unless Facebook entirely walks away from its social values, which I just don’t think it will do.”

Facebook didn’t immediately respond to a request for comment.

Chandlee added that he has deep respect for Zuckerberg and views both Facebook and Google as strong competition. However, he noted that TikTok has an array of competitors across the world, including businesses in e-commerce and live streaming.

Chandlee said he hasn’t seen a slowdown in ad spending on TikTok, despite what’s being reported by companies such as Snap, which told investors that ad revenue is being hurt by inflation and the threat of recession. Snap’s stock has lost almost three-quarters of its value this year.

“I’ve heard there’s going to be a slowdown in the ad market, anywhere from 2% to 6%, but we have not seen it,” Chandlee said. “We’re not seeing the headwinds that some others are seeing.”

WATCH: Snap has a TikTok problem, says Lead Edge Capital’s Mitchell Green

Feature Image Credit: Andrew Harrer | Bloomberg | Getty Images

By Alex Sherman

Sourced from CNBC

By Xintian Tina Wang,

TikTok is expected to beat YouTube in average user time consumption this year.

As more people bookmark TikTok, the short video app is expected to surpass YouTube, by the end of the year, for the first time in terms of time spent by their respective adult users in the U.S., according to a report released on eMarketer last week.

The report indicates that TikTok users will spend an average of 45.8 minutes per day on the video-sharing platform, in contrast to the 45.6 minutes they’ll tune into YouTube. Despite emulating TikTok with short-video features like Instagram Reels, Instagram accounts for an average of 30.1 minutes per day.

The difference between those stats on YouTube versus TikTok may be negligible, but it harbingers a turning of the tide. And for business owners, the ByteDance-owned app has huge potential to engage new consumers.

Here are three ways to capitalize on the app’s newly minted engagement stats:

1. Be authentic.

You’ll hear this a lot in reference to TikTok: In many ways, TikTok and Instagram are polar opposites. Whereas picture perfect tends to rule the day on Instagram, TikTok users, rather, crave authenticity. So on TikTok, don’t sugercoat, and stick to videos that can spark an emotion in the viewer.

“If brands are authentic on TikTok, they are not just perceived as advertisers, but seen as members of the community who understand what’s happening around them,” says Lyle Underkoffler, chief marketing officer at the New York City-based social ad automation platform Smartly.io.

Evan Horowitz, CEO of creative agency Movers+Shakers in Santa Monica, California, agrees with this strategy. He says TikTok users prefer content that “feels low stakes.” Horowitz explains that videos that have a strong advertorial value usually won’t perform well on the platform.

2. Don’t jump on every big trend.

While you should attempt to post regularly about your products–and do so in a consistent manner–avoid jumping on every hot topic, which can range wildly from cute dog videos one minute to the “I am not meant to work” trend the next. Consider whether a trend is a fit with your business. A party outfit trend, for instance, may not be suitable for an energy saving company’s marketing campaign.

Further, “entrepreneurs and small-business owners should find the most relevant hashtags for their brands, which may not necessarily be the most popular ones,” Jason Galloway, marketing consulting practice lead at multinational accounting and consulting firm KPMG, tells Inc. He adds that brands should also consider collaborating with smaller influencers for partnerships and product placement. “Speed and natural fit is far more important than polish, so focusing on trending content that fits the brand is the main strategy,” Galloway advises.

3. Embrace “live” interactions.

Last week, TikTok announced it will test out a new function, dubbed TikTok Live, to allow creators to generate recurring revenue via payments through livestreaming. In a statement, TikTok says that the function aims to bring brands and viewers closer.

You can also now invite your best customers to a “VIP Room” by way of Live Subscription. TikTok’s monthly subscription for people to show their appreciation for their favorite Live creators grants brands the opportunity to grow their community and get exclusive offers for VIP customers. When the subscriber-only chat is turned on, advertisers and their subscribers have exclusive access to one another. Brands can build a personal network globally through livestreaming.

“It’s increasingly important for brands to be relatable to their new and existing consumers,” advises Underkoffler. Regardless of how you engage, the point is to just start–and be authentic. “When advertising on TikTok, creating a genuine connection and interacting with the audience are critical,” he adds.

Feature Image Credit: Getty Images

By Xintian Tina Wang,

Sourced from Inc.

By James Farrell

There has been an exodus of TikTok staff at its office in London since it opened late in 2021, with reports saying overwork and comments made by a senior executive sparked the discontent.

According to a report in the Financial Times today, Joshua Ma, who’s a senior executive at TikTok’s Chinese owner ByteDance Ltd. and head of the company’s e-commerce division across Europe, said at one point that since the firm was “capitalist,” women shouldn’t get maternity leave. That was a straw that broke an already overburdened camel’s back.

It was apparently just one issue among many when the English e-commerce staff didn’t feel comfortable in what is a culturally Chinese company. Half the staff has now left, which amounts to 20 people. One employee told FT, “There are people leaving every week, it is like a game every Monday we ask who has been fired, who has quit.”

Ma was just visiting the store in London when he made the comment, trying to launch a QVC-style live shopping product similar to that of TikTok’s sister app, Douyin. The product has become very popular in Asian markets, but it has yet to gather momentum in the European market.

TikTok’s rapid rise might in part be a result of the so-called Chinese work ethic, although it seems that this may not have gone down too well in London. According to staff, it wasn’t just Ma’s maternity leave comment that led to half the staff leaving in just eight months, but the fact that they are being pushed so hard. So far, two British employees have settled in court with TikTok over working conditions in London.

That has led to Ma being put on the sidelines to “take some time off” and step back from his role in London. “We are investigating alleged statements and actions to determine whether there has been a breach of company policies,” TikTok told FT. Staff said they were doing 12-hour workdays at the store, starting very early to take calls in China.

Photographs were taken of the staff who went to the store early in the morning, with TikTok extolling their “commitment” to work. They were also applauded when they worked through their holidays.

A working culture like this is quite ordinary in China, but in London, it seems it is a bridge too far. Some staff had to go off sick with stress, and others either lost their clients or were demoted for not pushing hard enough.

“The culture is really toxic,” one former team leader told FT. “Relationships there are built on fear, not cooperation. They don’t care about burnout because it is such a big company, they can just replace you. They coast on the TikTok brand.”

Photo: Solen Feyissa/Unsplash

By James Farrell

Sourced from siliconANGLE

 

By Johan Moreno

Short videos can lead to big outcomes, just ask TikTok.

When eMarketer compared average time spent on the top social platforms by U.S. adults, TikTok surpassed YouTube. Users spent an average of 45.8 minutes on the Bytedance-owned social video platform versus 45.6 minutes on YouTube.

This milestone follows a series of changes on the TikTok platform that were seen as threats to YouTube’s video dominance. In February, TikTok extended the video length limit from 3 minutes to 10 minutes. The platform also announced a new revenue sharing program that is very similar to YouTube’s.

YouTube has likely caught onto the success of TikTok and is looking to stop its roll: Earlier this year, YouTube Chief Product Officer Neal Mohan announced a series of product announcements that would be coming to the platform, centered around YouTube’s answer to TikTok, Shorts.

TikTok is also delivering these results on videos shorter than 10 minutes. The data does account for company’s virtual MVPD service YouTube TV. YouTube also offers videos longer than 10 minutes, which likely increase the overall time spent on the platform. The survey was conducted in April 2022 and accounted for all viewing engagement with a platform, be active or multi-tasked.

Despite efforts to emulate the features found on TikTok, Instagram accounted for an average of 30.1 minutes per day. Its parent platform also had an average of 30.1 minutes.

TikTok and YouTube were followed by Twitter, with 34.8 minutes spent on average, Snapchat with 30.4 minutes, Facebook with 30.1 minutes, followed by the aforementioned Instagram. Users spent an average of 23.8 minutes per day on Reddit.

However, it is worth noting that TikTok has a smaller user count, 1 billion monthly active users, while YouTube is believed to have north of 2.6 billion.

Feature Image Credit: Getty Images

By Johan Moreno

I’m a contributing writer for Forbes covering Google and Alphabet. I’m also a writer and curator for Inside.com, where I have covered a variety ot topics, ranging from automotive to Google. Send tips, pitches or notes via email ([email protected]) or on Twitter (@dudejohan).

Sourced from Forbes

By Kayleigh Barber

TikTok can be a scary place for publishers.

Its algorithm segments audiences into interest-based groups, making best practices for the social video platform antithetical to best practices publishers have successfully honed for the other platforms and channels.

“Traditional video publishers have an editorial team, they have a content calendar, they’re producing and editorializing video content based on different stories or trends that are happening, and it’s typically a little bit more polished and far more regimented,” said Nick Cicero, vp of strategy at streaming and social intelligence company Conviva, which works closely with publishers, brands and independent creators on tracking post-performance on social media. “TikTok does not follow the same methodology as traditional video platforms that publishers [use].”

With that in mind, some publishers have turned to creators native to the fast-paced and rough-cut platform to help guide their strategies. Publishers including BDG, Team Whistle and Gallery Media Group, have grown their followings by doing so — and have incorporated TikTok into their daily output and distribution strategies.

“A lot of our foundation was built on working with creators who we thought aligned with our brands and were people that we would post naturally, learning from each other,” said Wesley Bonner, BDG’s svp of marketing and audience development. “And a lot of them were very eager to get into an opportunity to make money from their work.”

Since first posting on its TikTok channels in May 2020, BDG’s lifestyle brands have accrued between 440,000 to 2.7 million followers each, largely by forming deep relationships with creators, including through its TikTok Creator Network, which pays TikTokers to produce content for the company’s handles. The model is structured the same way it pays freelance writers to produce content for its websites, Bonner said, but would not disclose the range at which the TikTok creators are paid per post.

Right now there are 100 creators in the BDG Creator Network, all of whom are in the early stages of building their online presence since their rates tend to be lower than creators with millions of followers, and they are eager to grow online, Bonner said.

And other publishers agree that giving creators the driver’s seat is the correct strategy.

“The companies that are winning right now are allowing talent to do that super nimble work” of identifying their audience, figuring out what they want to see and how much of that content they want, said Owen Leimbach, evp of strategy and innovation at Team Whistle.

Here are some of the strategies that publishers have learned by collaborating closely with TikTok creators:

Give the ending away

By working closely with creators, Bonner said he has learned to share the end result with the audience immediately. Whether the video is about a beauty hack, a coffee recipe, a dress-up fashion video or an interior design reveal, a key way to get viewers to stop on your post is by making the attractive end result the first thing that catches their eye.

“I find [it] just a fascinating human tick where we’re scrolling so quickly, if you start a 15-second video that’s [about] the perfect eyeliner, but we don’t show you the eyeliner [in the beginning] you’re not likely to make it to the 15-second mark,” said Bronner. “That’s a unique strategy that we apply a lot to our videos of incorporating whatever the finale is first in the title, and then show them how you got there. It works quite well.”

Stop romanticizing brand image

TikTokers “are not romantic about their brand or voice the way that a lot of Fortune 500 brands and publishers are,” said Ryan Harwood, CEO of Gallery Media Group, which publishes PureWow and ONE37pm. They “have taught us that it’s OK to have multiple personalities depending on where you are.”

Because of how rapidly the platform develops — and with how solo creators operate — creators can hop on trends as they emerge and post several times a day because it’s their full-time job and their living depends on it, he added. But TikTok’s audience also appreciates the authenticity that comes from creators not taking the time to overproduce a video.

“Brands need to act more human because humans are winning on the platforms,” said Harwood. “We have teams set up that are spending a large portion of their time on the platform, which allows for us to be well versed on what’s culturally relevant and understand what our audience wants to see. TikTok is one of the greatest avenues to find out what consumers are thinking, saying, consuming, buying — which is something we haven’t seen since the early days of Facebook.”

Post fast and post often

Because TikTokers are less romantic with their image online, they’re able to post faster and more frequently than many publishers had previously been comfortable posting on their owned and operated channels, as well as on social media.

But this is also partially because TikTok’s algorithm itself doesn’t penalize the creators for using the platform at a higher volume. Unlike Instagram, which penalizes accounts with low engagement on some posts, getting 1,000 views on one TikTok won’t prevent you from getting 5 million views on the next, according to Harwood.

“The key trait[s] among all of the top-performing industries on TikTok right now [are] strong personalities that do bring a voice to the platform and posting fairly consistently, which means that for a publisher, you actually have to react to trends, produce something meaningful and get it out onto the planet a lot faster than your typical editorial cycle might entail,” said Cicero.

Publishers might have to hire dedicated TikTok managers or create a separate editorial calendar that is updated on a regular basis. And content guidelines might need to be updated as well to allow for more flexibility in language and voice.

Harwood’s team has been applying these practices to their organic channels as well. “For us, it encourages volume. Back in the day, [high volume] used to have this connotation with [low] quality. It doesn’t have to be one or the other at this point. Creators have taught that to brands and publishers quite a bit. Plus, it’s very clear that the more volume you do, the more at-bats you’re getting to find virality and organic reach, which means the more chances you have at growing your following massively,” he said.

Keep it familiar to the platform and natural for the creator

Team Whistle was first established as a YouTube channel in 2014 and considers its editorial team to still operate with a creator mindset, according to Alex Korn, vp of strategic partnerships at the company. Now, however, the third-party partnership team works with creators outside of its in-house talent in a number of ways, from creating co-branded content to managing the distribution and syndication of creators’ content on channels that aren’t their primary platforms.

“[We’re] taking a co-creation role with [creators], where we will help [by providing] larger resources that might be just out of the reach of their nimble style,” said Leimbach. This includes providing commercialization and distribution services, as well as including them in networks to secure premium media sales that creators can’t hire the staff to do on their own. That is the monetization strategy that is the most organic and works the best for Team Whistle, he said.

This business has taught Korn’s team to be very cognizant of which platforms creators shine on and where they have the most audience, especially when creating new content that features their likeness.

“Doing a YouTube series with a very well-known TikToker may not necessarily relate to the audience as well as doing an original series with a well-known YouTuber,” said Korn. “Taking that and programming our original content has been really beneficial.”

Translating editorial expertise into brand deals

Ultimately, the close collaboration with creators all ladders back up to publishers’ confidence and knowledge in the platforms as well, which ultimately enables more experimentation and innovation in the social offerings they can provide brand partners.

All three publishers have branded content businesses that connect clients with content creators, and Gallery Media has even launched and operated white-labeled TikTok accounts on behalf of clients — which is approaching the 8-figure benchmark for revenue, Harwood said — as well as created a business where they compose original sounds for brands to use in TikTok campaigns.

The company has run influencer marketing deals for over seven years now — amassing hundreds of campaigns per year and working with thousands of influencers during that time — but in just a few years’ time, TikTok has risen to account for the lion’s share of those campaigns, he added.

That said, brands are in a different business than media companies. “The thing that [brands are] selling is a physical product. As a publisher, you’re really selling information and entertainment. Your product is the TikTok,” said Cicero. There is a “natural fit for more branded content and ways to really well integrate that that, [but] also co-sponsorship [posts] have seen a ton of success.”

This article is part of a cross-brand Digiday Media series that examines how the creator economy has evolved amid the Covid-19 pandemic. Explore the full series here.

Feature Image Credit: Ivy Liu 

By Kayleigh Barber

Sourced from DIGIDAY

By

Chinese-owned video platform is set to overtake the advertising scale of Twitter and Snapchat combined

TikTok is on track to overtake the global advertising scale of Twitter and Snapchat combined this year, and to match mighty YouTube within two years, as trendsetting teens and young adults make it the hottest social app of the moment – and Facebook is worried.

The Chinese-owned video-sharing platform is forecast to catch up with YouTube by 2024 when both are predicted to take $23.6bn (£18.2bn) in ad revenue, despite TikTok being launched globally 12 years after its Google-owned rival.

Helped by unparalleled moments of cool at the height of the pandemic – Idaho labourer Nathan Apodaca skateboarding along to Dreams put Fleetwood Mac’s album Rumours back in the top 10 more than four decades after its release – TikTok’s surging growth belies the metronomic pace of its name.

Last year, it overtook the global ad take of Snapchat, previously the digital hangout of choice for teens and twentysomethings, and by the end of this year it will have surpassed that of Twitter. This year it is predicted to triple worldwide ad revenues, to $11.6bn, more than the $10.44bn for Snapchat and Twitter combined.

“TikTok’s user base has exploded in the past couple of years, and the amount of time users spend on the app is extraordinary,” says Debra Aho Williamson, principal analyst at Insider Intelligence, which compiled the ad spend forecast. “It has moved well beyond its roots as a lip-syncing and dancing app. It creates trends and fosters deep connections with creators that keep users engaged, video after video.”

TikTok landed its billionth user in 2021, four years after global launch, half the time it took Facebook, YouTube or Instagram, and three years faster than WhatsApp. Earlier this week, analysts at data.ai revised a prediction that TikTok would hit 1.5 billion monthly active users this year, after its analysis revealed it had surpassed that milestone by 100 million users within the first three months.

The company is winning the battle for the “sweet spot” of social media users, those in the 18- to 25-year-old demographic where Facebook is seeing its biggest declines, with parent company Meta trying to stem the exodus by attracting them to stablemate Instagram.

TikTok is also becoming increasingly addictive. Despite the platform supposedly being restricted to those aged 13 and over, about 16% of three- and four-year-olds view TikTok content, according to research commissioned by media regulator Ofcom. This rose to 29% of all children in the five- to seven-year-old age group.

Last year the typical TikTok user spent 19.6 hours on average per month on the app, according to data.ai – equalling Facebook, the global leader in time spent by users on social media. For TikTok, this represents an almost fivefold increase in just four years, up from 4.2 hours in 2018.

“Facebook has always been the biggest competitor in this space for dominating users,” says Sam O’Brien, the chief marketing officer at performance marketing company Affise. “But it seems it can’t quite tap into convincing TikTok’s loyal users to revert back to its platform. TikTok has figured out its own way to give the platform an addictive quality.”

Mark Zuckerberg’s Meta still dominates the market – Facebook has 2.9 billion monthly active users, and Instagram another 2 billion, with Insider Intelligence putting their 2024 ad revenues at $85bn and $82bn respectively. Even so, it emerged last month that fear of TikTok had led it to hire a lobbying firm to paint the company as the “real threat, especially as a foreign-owned app”.

“Meta clearly sees itself in a battle against TikTok for the hearts, minds and attention spans of millennials, a significant chunk of the social media market,” says O’Brien. “TikTok has experienced a staggering growth of users since the onset of the global pandemic, taking over a huge chunk of its competitor’s audience.”

Meta’s tactics aim to exploit the suspicion promoted under the Trump administration that Chinese companies, from telecoms giant Huawei to TikTok’s parent ByteDance, pose a national security threat as potential conduits of personal data to Beijing.

Two years ago, India, one of the world’s biggest markets for social media usage, banned 59 Chinese apps, including TikTok. However, Trump’s plans to force ByteDance to sell its international operations to a US firm, such as Microsoft or Oracle, petered out after he lost the US presidential election.

Nevertheless, suspicions remain among many users including those in the UK, which has banned Huawei equipment from being used in mobile phone networks. Last year, research found that almost a third of all Britons were concerned that TikTok might share their personal data with the Chinese government. Among those aged 18 to 34, a third believed it would hand over their data on request from China.

ByteDance has also come under pressure at home as Beijing has looked to rein in the power of the country’s tech titans. Billionaire co-founder Zhang Yiming unexpectedly announced in May that he would step down as chief executive, and in November relinquished the role of chairman, as ByteDance underwent a major restructure breaking it into six business units.

Nevertheless, the company remains in rude health and last December was named the world’s largest unicorn with a valuation of $353bn – up from $80bn a year earlier – with the markets hopeful of a blockbuster initial public offering in the future. ByteDance saw its total revenues, including its Chinese operation and substantial in-app and ecommerce business, grow by 70% last year to about $58bn, up from $34.3bn in 2020.

While Meta remains a much larger business and revenues rose 37% last year, to $118bn, Zuckerberg has felt the need to launch a commercial counterattack to shore up and diversify his advertising-based business model.

Always quick to ape the successful innovations of rivals, Meta is exploring launching virtual coins, nicknamed “Zuck bucks” by staff, for users of Facebook and Instagram to buy and use, in a very similar strategy to that already employed highly successfully by TikTok.

Earlier this week it emerged that TikTok is now the most lucrative app in the world for in-app purchases. TikTok users spent $840m on its virtual “coins” currency, which can be used to “tip” creators and promote videos, in the first quarter – up 40% year on year.

“It’s the biggest quarter for any app or game ever,” says Lexi Sydow, head of insights at data.ai, which published the report. “It’s the first app ever to beat a game in consumer spend in a given quarter.”

Zuckerberg’s revenue diversification plans follow an ill-fated launch of direct TikTok copycat Lasso in 2018, which shut after just 18 months. Meta is persevering with rival short-form video product Reels, which launched on Instagram in 2020 and Facebook last year, but despite its efforts TikTok’s momentum shows no signs of slowing down.

“Some young people have switched off Facebook entirely,” says Jamie MacEwan, senior media analyst at Enders. “In the UK, 18-to-24s spend as much on TikTok as Facebook, Instagram and WhatsApp combined. There is rampant competition for time. TikTok is the one growing fastest right now, and has scale, it’s the one to watch.”

Feature Image Credit: Greg Baker/AFP/Getty Images

By

Sourced from The Guardian

By Michael Della Penna

The unconventional virality that comes from the social platform creates real-world opportunities for brands

With one billion global active users and more expected in the coming year, TikTok is driving significant growth for brands of all sizes and industries.

From transforming side hustles to successful businesses to immortalizing a pug named Noodle, TikTok’s unconventional virality is creating tangible, real-world opportunities for brands. The social platform even inspired millions of people to recreate an ASMR salmon bowl video (which, according to Instacart, spiked ingredient orders by 97% during the trend’s peak).

Unlike legacy platforms like Facebook and Twitter that have become “cheugy”—a word coined on the platform itself and is associated with things that are out of touch and outdated—TikTok rewards originality over volume of spend, enabling any brand to reach a targeted and engaged audience.

In short, TikTok creates moments—moments that become experiences enjoyed and shared around the globe. More than a marketing channel, TikTok is a key to the future for brands. Here’s how your brand can lead TikTok in 2022.

Champion the next generations

The future prosperity of brands relies on reaching new generations.

With over half of Gen Z consumers using the platform daily, there are long-term implications to winning on the platform and they shed a light on the future of marketing—the importance of creating a moment or experience for users that form a connection and loyalty over time.

Especially as it rises in engagement and legacy platforms lose share to their younger counterparts, TikTok is the key to reaching younger demographics that are gaining significant market power.

They’re culturally driven and outspoken, and as a result, they’re turning to their trusted brands and peers on TikTok for recommendations on everything from cleaning products to travel hacks, and even how to invest in the stock market.

Denny’s, for example, is featuring student athletes to celebrate the accomplishments of underrepresented groups and connect with younger diners. Brands have an extraordinary opportunity to champion these young customers as key influencers and make a powerful impact that goes beyond a product launch.

Bring your brand personality to life

Understanding that audiences on TikTok respond better to authenticity instead of hard selling, successful brands on TikTok harness the power of entertaining content to create experience and drive engagement.

For social media marketers, this marks a new approach to content creation. When in doubt, unhinged and comedic content is the answer.

Violating all previous norms of social media marketing, Duolingo’s TikTok is the perfect example of the impact this strategy can have on a modern brand. Racking up over 58.6 million likes since February 2021, Duo the Owl pines for Dua Lipa’s love, mocks the brand’s legal team and trolls users and celebrities.

Just like the other social media platforms, TikTok is saturated with branded content, making it critical for marketers to change up their typical approach. Going beyond the scope of what the product is, marketers create exponential opportunities for content that are geared towards entertaining and engaging users and thus driving brand awareness.

Success on TikTok is driven by consistent engagement, and sometimes you have to be a little unhinged to achieve it.

Create a moment, not an ad

TikTok’s interest-based algorithm allows brands to create a moment by reaching targeted audiences in a more impactful way.

Dunkin’s partnership with TikTok superstar Charli D’Amelio is a prime example. Dunkin’ tapped into the Gen Z zeitgeist at peak popularity, leading to hundreds of thousands of drinks sold across the nation.

But you don’t have to be Dunkin’ to hit big ROI through influencer partnerships. TikTok provides a unique opportunity: A creator doesn’t need millions of followers to go viral.

Engagement is the holy grail of TikTok and should be your brand’s main focus. An influencer partnership, innovative product or unhinged video should merely be the tipping point in a larger strategy.

Ask yourself questions like: How can users duet this video to continue the conversation? How can this tag capture the attention and engagement of our target market? Is there also an opportunity to raise visibility or support for a cause that ties into the brand’s mission?

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Feature Image Credit: Dunkin’s partnership with TikTok superstar Charli D’Amelio reached targeted audiences in an impactful way, as seen in sales.Dunkin’

By Michael Della Penna

Sourced from ADWEEK

By Faith Walls

From Dunkin’ Donuts to the NBA, countless brands have hitched a ride on TikTok, the latest social media bandwagon. Since its launch in 2018, the user-generated, video-based app quickly grew from its China origin to an international sensation. With nods to its predecessor, Vine (RIP), TikTok turns nearly every content creator into a top-tier video editor and storyteller. The platform delights millions of users with its endless stream of FYP (For You Page) content, that is specifically geared towards your searches, interests, and frequently viewed subject matter.

This firehose of varietal media serves as sort of a time vortex. New users should be warned, your innocent “five-minute scroll” before bedtime can quickly turn into a three-hour content binge before you can say “lights out.” The average user spends at least 45 minutes on the app each day. Naturally, this rapid-fire of content consumption makes TikTok an alluring marketing tool for brands. If you can get your business name simply in the feed stream, you’re doing okay. But with a little creativity, you can take it a step further and generate content geared towards keeping viewers engaged.

 8 Best Ways to Market Your Business on TikTok

1. Don’t Aim For Perfection

Contrary to the polished and pristine standards of Instagram, TikTok won’t need you to be editing out blemishes or cropping out that mess on the floor. The app thrives on seemingly authentic content. You will likely find the most engagement when your content is true to your brand personality and intentionally crafted.

2. Paid Ads

If the user-friendly algorithm isn’t enough, the platform is also delving into the realm of paid ads. If you have experience using Facebook Business Suite, you are already prepared to tackle TikTok ad campaigns. Curiously, the platform’s paid ads are designed quite similar to Facebook or Google.

You essentially have two options when it comes to TikTok ads: interest targeting and behavioural targeting. Interest targeting works the most equivalently to Facebook Ads. Through this method, you can structure your ad placement to target a specific audience.

Behavioural targeting works a bit differently, allowing you to generate your ads based on user behaviour on the app within the past seven or fifteen days. This unique method ensures your content is geared towards individuals who are active on the platform.

3. Use Hashtags Liberally

While hashtags may be considered a bit archaic on Instagram, the metadata geo tracker is receiving a much-needed reboot on TikTok. As you plug your videos into the platform, be sure to use niche hashtags and plenty of them. This is an optimal method to grow your page organically.

Joining or creating a hashtag challenge is another way you can add your content to the Discover page. This starts with creating a catchy video often with a specific sound and adding a corresponding hashtag. These campaigns easily go viral as the engaging trend of choice catches on.

4. Join In On Trends

Much like the hashtag challenge, following other trends on TikTok is an ideal way to stay up to date with popular content on the platform. Users enjoy seeing different brands take part in funny and engaging content, as popular dances, challenges, songs, and video effects surge in viewership.

5. Be Bold With Your Original Content

The platform allows users to create 15 to 60 second videos using numerous filters, voiceovers, and virtually any song snippet. This limited-time window means you have less than a minute to optimize the “elevator pitch” of your brand. Keep in mind that TikTok is built on consumer engagement; the more user-friendly your content is, the higher views and comments you can expect. Keep your videos concise and attention-grabbing. Always prioritize quality over quantity.

6. Utilize Influencer Marketing

Influencers are an optimal way to gain viewers and to expand your reach to a brand new audience. Though one normally associates influencer content with the visual aesthetics of Instagram, influencers are taking to TikTok in order to gain new sponsorships. The process works similarly to Instagram, where there is an exchange of incentives – either monetary or product – for the promotion of your business. Influencers already have a loyal following, so placing your brand in front of a wider audience is an effective way to increase awareness.

7. Partner With Other Creators

TikTok is famous for its “duet” feature, where users can record videos that build upon another video. This popularized trend has resulted in a vast expanse of creative efforts – from barbershop quartet ditties to personal story prompts. Partnering with like-minded creators and utilizing TikTok live videos opens up the conversation with the audience and helps your brand feel personable.

8. Track Your Analytics Data

As you launch your promotional content and experiment with different trends, be sure to track your engagement through TikTok Analytics. These statistics provide valuable insights regarding your audience demographics and viewership. Don’t be afraid to try out different approaches as you go.

By Faith Walls

Sourced from HEYSocal

 

By Urian B

Instagram is willing to pay from around $600 all the way up to $35,000 for creators to make content on Reels. Reels is Instagram’s app designed to compete with the trendy social media platform TikTok.

Instagram Reels vs. TikTok

TechCrunch and Business Insider reported that Instagram is putting aside a massive amount of money to give to creators to post videos on its own TikTok competitor Reels.

Instagram has just announced its own bonus program for Reels in July. This was the time when Mark Zuckerberg. The CEO of Meta noted that the company would be paying a whopping $1 billion to creators throughout 2022.

Reels Pays Up to $35,000 to Creators

The reports reportedly shed new light on just how much individual creators are now being offered for their own Reels. The report also details how many views are needed to get the maximum bonus pay out.

TechCrunch also points out one Reddit post where a person was offered all the way up to $35,000 if their own Reels reaches 58.31 million views in just a month. This is reportedly in line with what Business Insider reports regarding Sam and Cori Werrell offering to make Reels content for their already significant 283,000 Instagram followers.

Creators Offered Smaller Sums

On the other hand, smaller creators have been offered smaller sums. A creator with about 52,000 Instagram followers, Maddy Corbin, was offered up to $1,000. She noted that she knew people that were offered about $600 to $800.

According to the story by The Verge, TechCrunch now reports that the bonuses look to be increasing over time. Another creator with 24,000 Instagram followers was just offered a higher $8,500 to get 9.28 million views.

Payments are Still Testing

It was also noted that a Verge staff member that had 15,000 followers was also offered the same pay out. It was noted that there doesn’t seem to be any particularly firm rules regarding how payment amounts would correspond to follower counts.

Instagram reportedly told TechCrunch that the whole program was still in its early age and still experimenting with the given format. The company noted that they continue to test out payments towards more creators. The company expects them to fluctuate while they are still getting started reportedly.

Snapchat, YouTube, Reels vs. TikTok

Both Snapchat and YouTube were also offering their very own creator incentives. In August, YouTube actually announced that they would pay up to $10,000 a month for certain popular videos. In September, Snapchat also announced its very own Spotlight Challenges.

Snapchat reportedly offers a prize pool that would range from $1,000 to $25,000. There are now two different possible interpretations of these particular platforms’ bonus schemes. The Meta-owned Instagram currently wants to give more to creators to incentivize them to post more content.

Feature Image Credit: Image from Alexander Shatov on Unsplash Website

By Urian B

Sourced from Tech Times