Tiktok is a free app with in-app purchases for digital gifts. However, downloading and using the app will consume data depending on your mobile network and data plan. Additionally, running ads on the platform will also incur additional costs depending on your advertising goals and resources.
How much do tiktok ads cost depends on the type of video you create and the objectives of your campaign. Advertisers have the option to pay for videos on a cost-per-view (CPV) basis or on an optimized cost-per-thousand-impressions (oCPM) basis. The cost of your ad will also vary depending on the country you are targeting and the competition for your target audience.
Calculating the Cost of TikTok Ads: Budgeting Tips
Depending on the size of your business and the goals of your campaign, you may choose to use Tiktok’s in-feed format or Brand Takeovers. In-feed ads appear in the For You section of a user’s Tiktok feed and look like regular content. These ads typically have a low cost, around $50 for in-feed videos. For campaigns that require more attention to detail, you can opt for branded hashtag challenges or a Discovery banner. These are usually more expensive, but offer the opportunity to reach a broader audience.
Choosing the right influencer for your ad can also significantly increase or decrease your budget. Nano-influencers (1-10,000 followers) typically charge between $5-$25 per post, while mega-influencers (100,00+ followers) can charge up to $2,000 per post. If you opt for a mega-influencer, it is crucial to ensure they have an authentic and genuine appeal that will resonate with your audience.
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