Only one month after TikTok supposedly deserted plans to carry buying advertisements into the US, the social media video platform introduced that it’s launching a brand new commerce advert suite referred to as Procuring Advertisements. They are going to be testing three new advert codecs together with Video Procuring Advertisements, Catalog LIsting Advertisements, and LIVE Procuring Advertisements.
Video Procuring Advertisements will likely be positioned within the For You web page and permit advertisers to spotlight merchandise of their feed TikTok video advertisements. TikTok says Procuring Advertisements present a dynamic expertise primarily based on the patrons intent to buy. Video Procuring Advertisements will mechanically create a touchdown web page and can be found to pick out advertisers for testing.
Catalog Itemizing Advertisements
Catalog Itemizing Advertisements enable advertisers to function their product catalogs throughout the app and broaden their attain. Advertisers can promote their merchandise throughout shoppable surfaces akin to “beneficial” or “Associated Merchandise.” Catalog Itemizing Advertisements are being examined within the US.
LIVE Procuring Advertisements
LIVE Procuring Advertisements allow advertisers to direct customers from the For You web page to their reside occasion to allow them to be part of and purchase merchandise. LIVE Procuring Advertisements are being examined the place TikTok Store is out there together with the UK, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
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What TikTok says. TikTok says that 70% of the customers it surveyed stated it was straightforward to make purchases by way of buying associated advertisements. 56% of these stated TikTok helped them uncover new merchandise and types, and 48% of customers expressed an curiosity in making a purchase order by way of TikTok.
TikTok companions. TikTok has partnered with Neatly.io as their advertisements & marketing campaign companion. They’ve additionally partnered with Productsup for his or her catalog feed. For commerce, they at present combine with Shopify, BigCommerce, WooCommerce, and Ecwid.
Why we care. There was no perception into why TikTok modified its thoughts about bringing buying advertisements into the US. After the disastrous launch within the UK, we have been satisfied that it simply wasn’t within the playing cards. However in the event you’re an advertiser taken with testing out these new options, examine your account for eligibility.
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