Increased Revenue
Beauty brands in the US has seen a substantial increase in revenue since joining TikTok Shop. The platform contributes to about 15% of brands’ total revenue daily, and this figure is growing.
Cost-Effective Marketing
TikTok is currently offering discounts of approximately 20-40% to buyers on the platform, a cost that the social media giant absorbs. This initiative, coupled with free shipping offers, enhances conversion rates without additional expenses for Beauty brands in the US.
Enhanced Engagement with Content Creators
TikTok Shop facilitates seamless collaboration with content creators. Previously, the absence of a direct purchasing path on TikTok meant that brand awareness was primarily top-of-the-funnel. Now, content creators can easily monetize their content, driving sales directly on the platform.
Efficient Transaction Process
The integration of TikTok’s native affiliate program, checkout system, and ability to create demand and awareness offers a self-contained ecosystem for brands. This efficiency contrasts with the experiences on platforms like Facebook and Instagram.