Startups in the modern digital environment have been faced with the challenge of how to compete with enterprise brands, who have massive resources, large consumer bases, and brand recognition. In the past, traditional marketing channels like TV, print, and online advertising have been biased in favor of large corporations who have the resources for such channels. However, with the arrival of TikTok, a digital environment has been created where startups can compete with enterprise brands on an equal footing.
The role of a TikTok marketing company in the success of startups cannot be overstated, as they provide the much-needed platform for startups to gain the traction they need to successfully compete with enterprise brands in the digital environment. Unlike traditional channels, which have been biased in favor of large corporations, TikTok has adopted creativity, consistency, and authenticity as measures of success, which are the strength of a startup.
TikTok marketing services have been able to provide a platform for startups to successfully bypass the barriers they would otherwise face in the traditional environment, as they have been able to tap into the influencer network, who have been biased in favor of engagement and not the number of consumers. Moreover, the services of a TikTok growth agency have been able to provide a platform for startups to streamline the process, which can be done through data-driven insights, content optimization, and rapid experimentation frameworks.
In the following blog, we shall discuss how US startups can successfully compete with enterprise brands through influencer marketing, along with the approach, advantages, and how TikTok marketing services fit into this.
Why Influencers Prefer Working with Startups
Authentic Brand Stories
Influencers today are looking for authentic brand stories, and startups can take advantage of this, considering that they can differentiate their brand story, mission, and purpose from those of enterprise brands, considering that the brand story has become too complicated, and they are unable to leverage the human element of branding.TikTok influencers, considering they are associated with the platform, understand that the audience would rather want to consume advertising content that is authentic rather than one that has been sold to them through advertising.
For instance, most startup brands consider that their brand story revolves around either the founders, operational, or even product development, and this resonates well with the audience, considering they have become immune to advertising. Therefore, they can leverage this brand story in the most natural way possible, considering that advertising becomes a seamless experience.
Creative Freedom
Influencers also prefer working with startups considering they offer them more creative freedom, which they are unable to find with enterprise brands, considering they are too scrutinized when it comes to brand safety, among other considerations.However, when one speaks of startups, they are more willing to accept the idea of letting the influencers have the freedom to create content in the most innovative manner possible. This will, in turn, enable them to create content that will resonate with the audience to the greatest extent possible, thus generating the maximum level of engagement on TikTok.
Startups also have the advantage of being able to leverage the services of the influencers in the most effective manner, considering that they have the ability to generate more than one type of content, thus increasing the chances of going viral compared to other marketers.
How Startups Use Influencers Strategically
Micro-Creator Focus
One of the best ways that startups can use in leveraging the services of the influencers strategically is to focus on micro-creators rather than influencers. Micro-creators are individuals who have a small number of audiences.The advantages that this strategy offers are:
The cost is minimal, and the startup is at liberty to work with more than one influencer with the limited funds.
Since the audience already trusts the micro-creator, this strategy offers the maximum level of conversion.
Since the audience is already targeted, the startup is sure that they are reaching the relevant audience.
Since the startup is working with more than one micro-creator, they are also leveraging the concept of the network effect.
The enterprise brands, on the other hand, have no choice but to work with just a few influencers, thus leading to a lack of diversity.
Content Volume Over Polish
The reason why the startups are able to leverage the services of influencers effectively is because they have been able to focus on content volume rather than content quality. The reason why this approach has been effective is that the algorithm favors content volume rather than quality advertisements.The startups have been able to focus on content volume, and this is because the influencer has been able to create content in high volumes. The influencer has been able to create content because he has been able to use simple production, and this is important because the content has been highly relatable.
The importance of this approach is that the startups are able to know what is working for them and what is not. The startups are also able to produce a high volume of content, and this is important because the platform is fast-paced, and the startups need to produce content fast if they are to succeed.
Where Startups Beat Enterprise Brands
Speed
Speed is arguably one of the biggest advantages that startups have over enterprise brands. While enterprise brands have to go through a series of bureaucratic processes, this is not the case for startups.For example, if a new trend is identified on TikTok, the startup can immediately engage an influencer to create content around the trend. By doing this, they are able to capture the attention of their target market. However, an enterprise brand would take a longer time to develop a campaign, and by the time they are ready, the trend may have already gone.
Experimentation
Startups also have another major advantage over enterprise brands, and this is through experimentation. While enterprise brands have to adhere to a number of guidelines on how to best market themselves, this is not the case for startups.This is an advantage because the startup is able to develop even better content. Additionally, this is done through different forms of creative content.
For example, the startup can experiment by using different things such as humor and even unconventional methods.
This is a major advantage to the startup because this will help them develop even better content for their target audience.
Role of TikTok Growth Agencies
Rapid Testing Frameworks
One of the greatest roles that a TikTok Growth Agency can play for a startup is to ensure that the startup is able to develop an effective influencer marketing campaign. One of the greatest ways that this agency can help a startup is through the use of rapid testing frameworks.This is a major advantage to the startup because this ensures that the startup is able to test different content at once and determine what is working and what is not working.
This is a major advantage to the startup because this ensures that the startup is getting the best possible results for their campaign. While previously, the startup would rely on instincts, this is no longer the case.
Budget Optimization
Budget is a major factor that every startup has to deal with. As such, the startup has to ensure that they are optimizing the budget. The marketing agencies that specialize in TikTok marketing are the ones that help the startups optimize the budgets, especially when they are working with influencers and content creation.For example, the marketing agency would be able to know the best influencer to use, the best price to pay, and even ensure that the influencer is spending the money on the campaigns that would give the best returns. This would ensure that the startup is getting the best out of the money that is being spent.
In addition to this, the agencies would also be able to give the startup insights into the best ways to make the content, such as using the content provided by the influencer and adding it to the paid advertisement. This would ensure that the lifespan of the campaign is extended, hence making the campaign even more valuable to the startup.
Case Study: How Gymshark Used Influencer Marketing to Compete with the Big Boys
A good example of a brand that is using influencer marketing to compete with the big boys is Gymshark. It is important to note that although the company is currently very successful, the company was not always the success story that it is today, but rather a startup that is faced with the same challenges that startups face, especially startups that are involved in the competitive industry that is fitness apparel.As a startup, the company has been able to use the strategy of influencer marketing, especially among the influencers that are involved in fitness, from the very beginning. The company, rather than relying on the traditional means of advertisement, has opted to use the smaller, yet even more influential, social media personalities and fitness enthusiasts.
However, the company has been able to adapt to the new platform, TikTok, which has been very popular among the current generation, especially when it comes to social media influencers. Therefore, the company has been able to promote the creation of content that is a reflection of the influencer’s personal style, hence promoting diversity in the content that is created.
The major takeaways from the strategy, which can be learned from the case study, are:
Focus on community engagement rather than advertising
Use micro-influencers for promotional purposes
Focus on the volume and diversity of content
Adjust to the platform’s trend
The success story of Gymshark is an example that startups can use to promote their brands, sell their products, and even compete with large organizations using influencer marketing strategies.
Conclusion
In the current competitive world, startups are no longer expected to spend huge amounts to compete with large organizations. Instead, they can make the most out of the opportunities offered by the current world using the expertise offered by a TikTok marketing company to ensure the success of the startup’s influencer marketing strategy. This is also true for a TikTok Growth Agency, as the main aim is to ensure that the startup using the agency is doing so to the maximum potential.The success of the startup on TikTok is no longer measured in terms of the amount of budget they are able to allocate but rather the amount of creativity, flexibility, and execution they are able to employ in their strategies. In this regard, the startup can achieve success far beyond the capabilities of the competition, becoming the leader in the market.
FAQs
1. How does a TikTok Marketing Company assist a startup in competing with bigger brands?
A TikTok Marketing Company assists a startup in creating a data-driven influencer marketing strategy, identifying the best influencer, and optimizing content strategy to ensure maximum reach and engagement without burning a huge marketing budget.
2. Why are Micro-Influencers better for startups on TikTok compared to other social media platforms?
Micro-Influencers possess extremely high engagement rates among the audience, which is why Micro-Influencers are better suited for startups on TikTok compared to other social media platforms.
3. What is the role of a TikTok Growth Agency in influencer marketing?
A TikTok Growth Agency is an agency that provides strategic planning, rapid testing, performance analytics, and budget optimization to guarantee the success of an influencer marketing campaign.
4. How often should a startup post content on TikTok to grow on the platform?
Startups need to focus on high-frequency posting on TikTok, which means they need to post content several times a week or even daily to experiment with content going viral.
5. Can a startup go viral on TikTok without having a high budget?
Yes, a startup has the potential to go viral on TikTok without burning a huge marketing budget on advertising.