Social media advertising is one of the quickest and most efficient ways to reach a targeted audience. It’s especially helpful for raising brand awareness, increasing website traffic, and sales conversions. However, deciding whether to invest in paid ads or focus on organic reach can be challenging for many brands.
TikTok has a large and engaged user base, particularly among Gen Z and Millennials. It’s also relatively affordable compared to other major social media platforms. Nonetheless, it’s important to understand tiktok ads’ price to make the most of your marketing budget.
The cost of your TikTok ads depends on your goals, strategy, and campaign performance. It’s essential to monitor your campaign and optimize it based on performance data. This will help you achieve the desired results within your budget.
In general, oCPM (optimized cost per thousand impressions) is best for reaching a target audience that’s most likely to complete an action, such as app downloads or sales conversions. It’s also effective for driving brand awareness and app installs.
While a high-profile influencer can guarantee excellent content performance and huge engagement rates, their fees are often prohibitive for most small businesses. This is why it’s often better to choose a mid-tier or micro-influencer with between 10,000 and 1,000,000 followers.