The latest Music Impression Report by TikTok and Luminate simply dropped.
There are some fascinating stats about music followers on TikTok, plus the artists whose tracks performs nicely on the platform.
Let’s take a better look.
1. Music discovery is very large on TikTok
Based on the report:
U.S. TikTok customers are 74% extra more likely to uncover and share new music on social and short-form video platforms than the typical short-form video consumer.
That’s a powerful distinction between US customers of TikTok versus customers of different social video platforms.
However bear in mind, even probably the most energetic on-platform engagement isn’t proof of off-platform fandom.
In a world of algorithmic advice, passive consumption, fixed feeds, straightforward (forgettable) sharing, and surface-level engagement, the phrase “discovery” isn’t very particular.
You need greater than impressions, views, likes, and shares. You need followers who will comply with you music for all times. So what are you doing on social to construct your e mail record and enhance gross sales?
2. TikTok drives off-platform outcomes
US music followers on TikTok are 68% extra more likely to pay for streaming than the final inhabitants. In addition they spend 46% extra money on music monthly.
One other spectacular determine? TikTok’s Add to Music App function has generated multiple billion monitor saves since final yr.
This too is encouraging, however bear in mind: TikTok’s definition of “off-platform” means the consumer is leaving one app for an additional (Spotify, Apple Music, and so on.)
What are you doing to get your viewers off these platforms and into venues, onto YOUR web site, YOUR e mail record, YOUR retailer?
3. Viral & chart success are correlated
Based on the report:
84% of all songs that entered the Billboard World 200 this yr ‘went viral’ (i.e. had a interval of excessive engagement) on TikTok beforehand.
You would interpret this just a few methods….
- Songs poised for chart success are sometimes supported by groups. Who place tracks which have potential for viral momentum. Previous to launch. Through professional influencer campaigns.
- Or maybe TikTok features like radio did. Offering repeat publicity to a hook till we love the monitor.
These are simply three of the factors I discovered most fascinating. There are much more stats, insights, and particular case research within the full report.
Similtaneously this information suggests customers on TikTok lean in additional once they interact with music, different information exhibits the app has misplaced floor to Instagram, Fb, and YouTube Shorts over the previous yr (partially because of uncertainty round TikTok’s future within the USA).
Which serves as reminder: Tendencies come and go, and your followers on social platforms are rented audiences. Do what you possibly can to co-own that relationship straight together with your fan.
