Over the past six years, TikTok has evolved from a quirky app nobody knew anything about to a global marketing phenomenon. But with growing discussions about a potential ban in the U.S., marketers are left wondering: What does this mean for us and our business?
The U.S. government’s concerns center on TikTok’s parent company, ByteDance, and its potential ties to the Chinese government. Critics argue that TikTok could pose national security risks, citing data privacy and influence concerns. While TikTok has repeatedly denied these claims and taken steps to address U.S. security concerns, the debate has reached its boiling point.
TikTok is currently under orders from the Supreme Court to split from ByteDance by January 19, 2025, or a national ban will be put into place. TikTok is set to appear in front of the Supreme Court on Friday, January 17, 2025, in a final attempt to overturn the ban.
What a Ban Means for Marketers
While we await this timely decision, the uncertainty has left marketers in limbo. As of today, there are over 7 million active U.S. businesses currently on the app. They have even said they have seen an 88% increase in sales since advertising on TikTok. This means, losing TikTok could disrupt strategies for businesses that rely heavily on the platform for brand awareness, community building and direct conversions. But that’s not all.
Diversification Becomes Non-Negotiable
We’ve all heard the saying, “Don’t put all your eggs in one basket.” However, TikTok’s dominance has made it very tempting not to go all-in. If TikTok disappears, brands will need to lean more on the other social media platforms we’ve come to know and love, Instagram Reels, YouTube Shorts, and even emerging platforms like Lemon8.
Ad Budgets are Shaken Up
TikTok’s ad platform is one of the fastest growing in the world, and if TikTok ceases to exist, those ad dollars will need to be reallocated. Expect platforms like Meta and Google to see this benefit, with ad costs potentially rising due to increased competition.
Owning Your Media
A TikTok ban would push brands to start building communities on channels they own, like email newsletters or blogs. Owned media ensures that your audience doesn’t disappear when a platform does.
The End of an Era for Influencers?
Many creators have built their entire careers on TikTok. If TikTok were to be banned, it would force those creators to find a new outlet, taking their audiences – and branded collaborations – with them. Brands will need to be agile in following their target influencers to new spaces.
What You Can Do Now
While a TikTok ban might feel like a setback, it could also be a huge opportunity. Marketers will be pushed to think more creatively, explore other platforms and reconnect with audiences in new ways. Here are three ways to prepare for whatever comes next:
Social Strategy Audit
How much of your strategy depends on TikTok? Identify the gaps and think about how they can be applied to Instagram, Facebook, YouTube, etc.
Stay Adaptable
As marketers, we understand the digital landscape is always changing. Build a team culture that embraces flexibility, keeps an eye on emerging trends and can think on their feet.
Invest in Your Brand
While it’s still available, use TikTok to your advantage and drive traffic to your other media channels that you have complete control over.
Whether TikTok sticks around or not, marketers will adapt – they always do.