Your offline business does not believe traditional social networks and does not see itself in them? Perhaps you have too narrow an idea about them? Vkontakte, Facebook, Instagram - not the entire list of social networks in which your business can advance.
Did you know that applications like TikTok and Spotify have found their niche and are actively using location-based marketing opportunities?
About TikTok
TikTok, a video creation application, aims to monetize its popularity, and for good reason: since its inception in 2016, TikTok has reached one billion downloads. TikTok tests ads that direct users to advertisers' sites. This development is not surprising, since TikTok has already engaged in similar advertising in China, where the application is known as Douyin. Since TikTok is committed to growth, it’s worth considering whether location-based services can become part of the company's future — a path that is already exploring the Spotify streaming application.
TikTok has an interesting story that is worth telling. The application, owned by ByteDance, was first founded as Douyin in 2016, and then launched in the USA in 2017 under the name TikTok and combined with the popular video creation application Musical.ly. The application offers users a platform for creating short videos with the ability to synchronize the movement of lips with a recorded track of songs. But not only songs are important. TikTok is also popular because users can add all kinds of filters and challenge each other using hashtags. TikTok is the perfect application for a culture that values self-expression, video and music.
Now TikTok has reached the critical mass necessary for successful monetization. For example, in China, the popular brand Haidilao challenges users to create their own dishes and place them on Douyin.
