F.Y.I.

Tiktok for Business launches self-service ad tools and COVID recovery initiative

Tiktok for Business has launched its self-service advertising tools and donated $100 million in ad credits to small businesses as part of its COVID-19 recovery initiative.

The announcement:

TikTok, the short-form video app with a mission to inspire creativity and bring joy, today launched new advertising solutions to empower small and mid-size businesses to tap into the power of TikTok For Business to grow their brand. The global availability of TikTok’s self-serve advertising solutions gives marketers the tools to tap into the creativity of the TikTok community, reach new audiences and optimize their marketing campaigns with an easy-to-use platform. At a time when small businesses have been severely impacted around the world, TikTok is also introducing its Back-to-Business ad credit program, including $100 million in ad credits for small businesses worldwide to use on their journey to rebuilding.

Today marks a significant milestone in the evolution of TikTok For Business with the introduction of self-serve tools designed to support advertisers at each step of the campaign creation process. TikTok, a platform that celebrates creativity and storytelling from its users, aims to give marketers innovative tools with which to create authentic, creative content unique to the app. More and more brands are realizing TikTok’s unique ability to reach and engage with a broader audience, and today’s launch of new advertising solutions for SMBs makes it seamless, easy, and efficient for all brands to now meaningfully connect with the TikTok community.

“Supporting small and local has been part of our vision since we opened our doors in Australia, and over the past few months has become more important than ever” said Brett Armstrong, General Manager, Global Business Solutions at TikTok Australia. “With the launch of TikTok for Business and our evolving marketing solutions, we’re delighted to extend our support to Australian SMBs as they rebuild and engage creatively with new audiences. We look forward to continuing to support the growing needs of our partners and the Australian business community as we all build for the future.”

TikTok Self-Serve Advertising Tools (available globally)

The TikTok For Business Ads Manager empowers businesses of all sizes to reach their ideal customers on TikTok through a simple interface. With new creative tools and performance features designed with small businesses in mind, it’s now easier than ever to start activating at scale on the platform.

Product highlights include:

  • Creative tools: TikTok has a suite of creative tools that enable every marketer to embrace the creativity and authenticity of the TikTok community. Everyone has the opportunity to tell their story, and resources such as TikTok AdStudio help brands represent the most authentic version of their brand.
  • Flexible budgets: TikTok Ads Manager was designed for fast set up for every level of expertise. Flexible budgets allow businesses to adjust their spending at any time.
  • Performance targeting: Intelligent targeting enables businesses to get discovered by new engaged audiences.
  • Business accounts: TikTok is also introducing business accounts that will provide additional tools customized to businesses’ needs for performance analysis and engagement with audiences.

“There’s so much potential for businesses of any size to grow with TikTok,” said Daniel Chan, Managing Director of Snap Shades, a manufacturer of car window sunshades. “The measurable impact that TikTok had on our business was huge: site visits and sales increased by almost a third, while the CPC was three times cheaper than other platforms. To put this into perspective, TikTok is more than tripling our potential customers at the same cost. We’re excited to keep leveraging the creative features and tools to further engage and connect with our target audiences.”

TikTok Back-to-Business Program (available globally)

Small businesses are uniquely at risk as local economies ceased activity in efforts to protect public health. SMBs around the world are weathering this crisis, and we are committed to supporting them as they get back on their feet and start rebuilding by providing $100M in advertising credits.

Small businesses are the lifeblood of our local communities, and we want to be there with them and to provide support as they navigate these challenging times.

TikTok’s Back-to-Business is available globally, and small businesses can apply for the credit and get started by visiting website.

Source: Thrive PR press release

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