And will have made its mark on the social media planet in 2020, almost tripling in size since 2018. In 2021, we expect TikTok to not only reach a coveted spot in the club of social networks with over 1 billion monthly active users, but to grow to over 1.2 billion! Other notable members of this very private club are Facebook, Facebook Messenger, WhatsApp, YouTube, WeChat, and Instagram. In Q3 2020, TikTok was the second-largest non-gaming app by Iran Phone Number List spending, a testament to the breadth and depth of its user base engagement. Most of the popular social media apps don’t show dizzying results when it comes to consumer spending, as they primarily monetize ad revenue. Although TikTok also monetizes its content through advertisements, the app also allows users to transact through the sale of virtual gifts used as rewards.
Part of TikTok’s success is the combination of user-generated content and short. Engaging, imaginative videos that loop. In conclusion, it is time to understand. That TikTok represents a powerful opportunity for businesses. Which can enable them to reach a large base of engaged consumers. Across the whole world. attractive and full of imagination, which turn in a loop. In conclusion, it is time to understand that TikTok represents a powerful opportunity for businesses, which can enable them to reach a large base of engaged consumers, across the whole world. attractive and full of imagination, which turn in a loop. In conclusion, it is time to understand that TikTok represents a powerful opportunity for businesses, which can enable them to reach a large base of engaged consumers, across the whole world.
Tiktok Has Seen Strong Growth In Its Number Of Active Users
Video content on mobile will continue to grow. The size of the global video marketing market has reached $25 billion in 2020. Experts predict it will grow to $52 billion in 2023. Many marketers have been claiming for some time now. That this format allows them to get a more significant and faster return on investment. Also, according to recent data about video marketing, people are likely. To consume more video content than other types of content. Thus, by 2021, it is estimated that videos will represent at least 80% of all internet traffic. Regarding the relationship between video format. And mobile medium, the key is social networks. Consumers mostly watch videos on social networks like Facebook, YouTube, Instagram, etc.
and it is known that the vast majority of people. Who are followers of social networks view their feeds through mobile medium. In 2019, mobile video advertising spending topped $30 billion. Experts expect this number to increase sharply and steadily in the coming years. It is the attraction for entertainment videos, but also for educational purposes that will fuel this growth. Additionally, video marketing is evolving in terms of content. Now, you can even see product presentations that use high-level cinematic techniques, and in the future, videos will be more interactive. Expect more “AR & VR” on your laptops Whenever new technologies appear. Digital marketers are eager to use them, and that’s understandable! They absolutely want to test them and try to leverage them to engage their target audience in an innovative way.
Experts Expect This Number To Increase Sharply
And that’s what happened when Virtual Reality (VR) and Augmented Reality (AR) came into the picture. Today, there are many VR headsets for mobile devices in the market. Many brands are creating mobile VR experiences to attract audiences. KFC, for example, recently offered a virtual reality game. Where users were guided through a training simulation. On how the famous chicken pieces from Kentucky are made. On the augmented reality side, IKEA launched “IKEA Place”. An AR app that customers can use to shop in a unique way. You choose furniture and then you can place it wherever you want in your living room.
The app lets you see if these pieces of furniture match the overall style of your living room or fit well into your favorite space. What’s more, Experts predict that more and more such experiences will be created by brands in the future. To make the shopping experience fun and convenient at the same time. The rise of omnichannel Omnichannel is a fashionable notion these days. But it’s definitely more than that. Merging the multiple channels a business has into a single channel is going. To become the norm because it simply improves revenue, as studies have shown.