Did you know Brands and Retailers are Slowly Leaving TikTok and Reducing their Budgeting on the Platform
According to a new report by DigiDay,
a lot of brands dropped off TikTok in Q1 2025 probably due to
uncertainty related to TikTok’s future in the US. In Q3 2024, 88% of
retailers and brands were using TikTok, which reduced to only 77% in Q1
2025. 87% of the brands and retailers also said that they have some of
the marketing budget for TikTok in Q3 2024. But now in Q1 2025, only 70%
of brands and retailers reported having some marketing budget for
TikTok.
29% of the brands reported spending a large amount of
money on TikTok in Q1 2024 and now only 12% have large amounts of budget
allocated for TikTok in Q1 2025. In Q1 2024, 73% of brands and
retailers were using TikTok, but it increased to 88% in Q3 2024, and now
it's again going towards decline.