TikTok might have convinced its consumer base, but has it convinced brands and advertisers? Still in a challenger position, TikTok is constantly experimenting with new products in a bid to draw advertisers away from its competitors Facebook, Instagram and YouTube. Although thought of more as an organic brand tool, the Chinese-owned app is focusing on its performance offering particularly for e-commerce brands. Simon Hofmeister, Industry Head of E-commerce, Global Business Solutions at TikTok, joins the podcast to unlock TikTok as a performance channel. He discusses the impact of trends on e-commerce including #TikTokMadeMeBuyIt and 'cake or not cake', how the app is attempting to create an 'infinite loop' for the user journey and the game-changing importance of influencers. Despite the app's success, it's not faultless yet. With measurement challenges and hesitation from other verticals, TikTok is set to attract more brands and advertisers to the platform ahead of the Golden Quarter. Plus, Simon attempts one of the most impressive and in-depth Resell Me a Pen challenges yet, with the task of Eurovision! Also in this episode, PMW's News Reporter Joseph Arthur speaks to host Lucy Shelley about the TikTok news that has crossed his news desk recently, including the rumoured subscription tier to battle alongside Meta's. Further reading: Meta and TikTok test ad free subscription tiers outside of the US “Brands need to adapt”: unpacking the influence of TikTok and Meta’s rumoured ad-free subscription tiers Get tickets to Unlocked 2024 If you liked this episode, don't forget to follow the podcast and subscribe at performancemarketingworld.com Hosted on Acast. See acast.com/privacy for more information.