TikTok, a social media giant which by now is known by virtually any musician or record label in the world, is still a mystery for most of the music industry experts. It grows in such proportions and speed, and especially in a target group so young, that music marketeers can hardly get their heads around it. Artists want to find out how to make money on TikTok.
Filled with mysteries, unknown opportunities and features, the app is a huge potential market for the music industry.
This blog tells you all about TikTok in terms of figures and marketing opportunities.
Back in 2018, a Chinese company called Bytedance bought the lip-sync app Musical.ly and rebranded it as TikTok. The app, focussed on short-form video content, was not only easy to use but could be consumed instantly. As opposed to Facebook, Instagram and Twitter, TikTok immediately ‘starts’ when you create an account. On ‘older’ social media platforms you first need connections or followers (or following) before the magic happens. TikTok automatically serves you content without having to perform many actions. Instantly consumable.
This ‘instant action’ was one of the pillars of success for TikTok.
Bytedance is also the owner of Toutiao and music streaming service Resso.
Countries that do not have solid internet connections or very expensive mobile data get the Lite app. Countries like Thailand, Indonesia, Vietnam, Russia and Brazil have seen explosive user growth thanks to Lite.
In just 3 years time, TikTok reached the same amount of monthly active users in those countries as Instagram did in 6 years.
The biggest competitors are Triller, Instagram Reels and YouTube Shorts. Facebook pulled the plug on Facebook Lasso.
An app, used to create 15 (or 60) seconds video content. TikTok is about authenticity, self-expression and creativity. As TikTok says: “TikTok is a place where everyone can embrace their flaws and escape from being their perfect self”.
This is an important difference compared to Instagram.
Whereas content on Instagram is mostly focused on perfection, beauty and painting the perfect picture, on TikTok users show their vulnerable side. Imperfection, videos gone wrong, self-criticism and authentic videos define TikTok.
The meme culture is enormous. Accounts posting memes daily have millions of followers and huge levels of interactions.
TikTok started as Musical.ly, an app for lip-syncing and to date, this still plays a big role in TikTok.
A very well-known content-type: dances and dance challenges. Companies like Danceon tap into that success in a clever way. Create your own choreography, share it and win the crowd.
TikTok allows users to import video content into the app, but they strongly advise creating content on TikTok itself. Native content can be made, using importing sounds, controlling speed, timer and filter. The TikTok database has music, and licensing deals with major record companies and independents are in place.
One of the most important features of the app is the For You feed. For You serves content to users, based on a strong algorithm. Up to a certain extent, it can be compared to Spotify’s Discover Weekly. TikTok basically recommends content based on user interactions, video information and device and account settings.
Content-based on what you post, like, show interest and content you make.
Captions, sounds and hashtags used.
Country, device, language.
New users of the app are first asked to choose categories of interest. This helps the algorithm to show the best-suited content. A very strong feature of the app.
To even start promoting music on TikTok, it, of course, has to have your music. TikTok has license deals in place with majors and several independents. To get your music delivered, contact your label or distributor.
The app has a special section called ‘Featured Playlist’ which can also feature playlists curated by artists.
The Sounds page, the section of the app where all music is offered, has a banner on top. Much like any DSP, the banners feature new releases or popular content.
TikTok is available in over 150 countries, and 75 different languages. This provides a platform for accurate ads targeting.
On average a user spends 52 minutes per day on the app. Only Facebook has a higher daily active usage, 58 minutes per day. For advertisers, this makes it an interesting platform as the more time people spend on the app, the higher the chances are of ads being seen.
Short-form video content is popular, but it requires a solid approach. Make sure the 15 seconds have a good structure (opening, middle, end) to it. Videos containing people outperform videos without.
Artists can make videos of composing music, ask fans to write lyrics and then post a duet of both music and lyrics.
TikTok and music go hand in hand, but creating dances on your own content can boost interaction massively. Hiring people who can dance or companies like DanceOn can make a record.
TikTok is only 15 seconds, but getting your post viral will spark interest in the music that has been used. Fans head over to f.e. Spotify and other streaming platforms to listen to the full track. Dances made on Tones and I - Dance Monkey and of course Lil Nas - Old Town Road went viral on TikTok. And later on Spotify, where the revenue is made.
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