Yesterday's TikTok E-commerce webinar covered a lot of ground + reaffirmed the wild opportunity + potential for everyone on the platform.
Here are my key takeaways!
On the path to purchase:
- TikTok's purchase path does not fully align with the traditional linear 'funnel' structure with a clear entry and exit point.
Think of this path more like an infinite loop, with unlimited touchpoints for brands to present their products. The key to success here is the output of hyper-relevant content in order to build better consumer-brand relationships.
The pipeline from discovery to purchase can happen extremely fast on TikTok, often happening in sync (on the right ad).
...an interesting concept which I've seen previously discussed by @WARCEditors in an excellent whitepaper outlining the impact of community commerce on purchase behaviour.
@WARCEditors On Website Optimisation:
- It takes on average 7-14 clicks to make a purchase (1 on your ad). Think about how you can optimise your product pages for the fewest possible steps to purchase.
- Try to increase AOV with bundles / upsell apps.
@WARCEditors Customers shouldn’t need to leave the product page in order to find any more info. A great example of a well optimised product page is remarkable.com:
- Clear CTA
- Customer reviews for social proof
- Proactive in answering hesitations before they arise (shipping)
@WARCEditors On TikTok in the real world:
"As Seen on TikTok" has huge applications across platforms + in the real world. Whether it's a collection page on your website or a book shop with a section for #BookTok, the platform is driving cultural trends.
As always - test these for yourself to see what works best for you. You might not get things right the first time but stick with the process!
The key thing to remember is that not only are TikTokers more likely to buy a product straight after discovering it, they are also 2.5x more likely to create content with your product than on any other platform (according to TikTok research).
You want your content (both organic + paid) to spark digital word-of-mouth with customers becoming advocates + content creators - consider:
- Are customers able to create how-to/tutorials videos?
- Would the packaging/customer journey inspire content?