How TikTok advertising works
TikTok’s self-service platform makes it easier for marketers to create in-feed advertising. The majority of the other options, on the other hand, will necessitate interaction with a TikTok ad account manager. As a result, I would propose that you begin by experimenting with the app – and then assessing what is receptive to the User on the platform – before committing to a content creation budget.
- Advertisements in the feed
For small and medium-sized businesses, this is a low-cost solution. Using the self-service platform simplifies things, and certain advertisements are less expensive than others. For example, TikTok advertisements appear in the app’s “For You” stream.
These advertisements are more intrusive than native advertisements. When users launch the TikTok app, it appears for a few seconds before transitioning into an in-feed commercial. TikTok prohibits brand takeovers for obvious reasons.
- Hashtag Competitions Using Branded Hashtags
TikTok’s hashtag challenges have grown in popularity. An opening video instructs viewers to perform a specific act, film themselves, and upload their films to the website. Branded hashtag challenges are created in the same way that regular TikTok users and influencers are, but they are paid for by sponsors and prefered by TikTok. Retailers can also have a shoppable component.
- Personalised augmented reality/effects content
TikTok filmmakers employ branded lenses, stickers, and other things, such as 3D/AR material from brands, to create their videos.
TikTok Advertising Costs Estimated
TikTok advertisements were initially exorbitantly priced. As a result, only major corporations placed ads on the site. TikTok now has in-feed adverts as well as a self-service platform.
You can choose your digital advertising budget, and TikTok’s AI will bid for you, similar to Google Ads. The final cost per ad is determined by various criteria, including your Brand’s digital marketing objectives, targeted keywords, audience size, time of day and week, and competition for advertising in people’s feeds.
TikTok’s limited advertising slots may continue to make it unsuitable for small businesses looking to use it as a marketing tool.
I recommend that you consider generating your own original content and recycling your branded assets. Things that you may already have, and seeing whether they are garnering likes and views.
For in-feed advertising, the minimum campaign budget is $500, while the minimum ad group budget is $50. When compared to traditional advertising, social media marketing is far less expensive. For example, brand takeovers cost $50,000 per day, hashtag challenges cost $150,000 for six days, and branded lenses range from $80,000 to $120,000 for different lens designs.