The NEW Way to Run TikTok Ads in 2024 (2024)

The NEW Way to Run TikTok Ads in 2024 (2)

A Practical Guide to Boosting Your Sales

The NEW Way to Run TikTok Ads in 2024 (3)
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Welcome to today's deep dive into the world of TikTok advertising! For those who have been scratching their heads trying to figure out the secret sauce behind generating major revenue with TikTok ads, this is the right place to be. Using the approach described in this article, over $74K revenue was achieved just this month. Not bad, right? So let's talk sales, net profits, margins, and how to replicate that success for your own store.

The Starting Line: Making Sense of Profits and Losses

Let's rewind a bit. On the day this article was written, sales hit the $700 mark. Sounds pretty good, but what did it look like after shipping costs and ad expenses? There was a $2K profit that day with a satisfying 28% profit margin. Now, that's just a single day's work. Zoom out to the entire month of September, and the store brought in two thousand orders and $74K in revenue. After all the necessary deductions, $22K net profit sat in the bank. And that was only over eleven days!

The NEW Way to Run TikTok Ads in 2024 (5)

But enough about one store's success. You likely came here to learn how to achieve similar results for your own business, which is what this article aims to share. Let's pretend there's a brand new store that just started, with two orders so far today totaling $64 in revenue. It's ripe for the scaling strategy that will now be unveiled.

Setting Up Your TikTok Ad Campaign

First, in the TikTok ads manager, a campaign is created and labeled "CBO Scale." Campaign Budget Optimization (CBO) is enabled and the daily budget is set to $100. Website conversions are the optimization goal.

For targeting, parameters like country, age, and gender should match the product. No interest targeting is used here in order to cast a wide net.

The campaign is scheduled strategically, from 8 AM to midnight, when the target audience is most active on the platform.

The NEW Way to Run TikTok Ads in 2024 (6)

The ad group names are kept simple, like "Open 1." Only the TikTok placement is selected to keep the focus narrow. Comments, downloading, and sharing are disabled.

The NEW Way to Run TikTok Ads in 2024 (7)

Only videos that were profitable during initial testing should be used in the ads. The next step is replicating this ad group four times to have five pristine groups ready to launch at midnight.

Day Two: The Art of Doubling Down

Fast forward to 2 PM the next day, and revenue has already hit $229 with six orders. For every three sales, the strategy is to double the daily budget. So in this case, the budget went from $100 to $250. With another three orders showing continued profitability, it's time to increase to $500. This pattern can potentially lead to hitting $1000 in revenue that day.

By 8 PM, $650 in total ad spend fuels the push towards the typical $2000 budget ceiling. At this point, TikTok tracked 41 purchases but actual records showed 44, totaling $1700 in sales. After costs, $588 in net profit remained, a solid 33% margin.

Scaling Factor: Multiplying CBO Campaigns

The key to major scaling lies in running multiple CBO campaigns simultaneously. This example started with just one, but why not two, three, ten? That's the ticket to rapidly multiplying daily revenue potential.

Pro tip: Keep ads active around the clock. Reset each CBO to $100 daily budget at midnight, then repeat the doubling strategy for every three new sales.

Join Anstrex and Level Up Your TikTok Ads Game

To dive deeper, join Anstrex TikTok Spy Tool to find thousands of successful e-commerce ad campaigns. Learn from the pros and achieve TikTok advertising success in no time.

The bottom line: What starts small today can snowball into an avalanche of sales tomorrow. Keep learning, keep testing, keep optimizing, and keep reaching for the next big TikTok ad achievement.

Here's to your next triumph with TikTok ads!

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The NEW Way to Run TikTok Ads in 2024 (2024)

FAQs

How to make great TikTok ads the complete 2024 guide? ›

How to Create a TikTok Ads Campaign
  1. Step #1: Log Into TikTok Ads Manager. ...
  2. Step #2: Create a New TikTok Ads Campaign. ...
  3. Step #3: Select an Advertising Objective. ...
  4. Step #4: Name Your TikTok Ads Campaign. ...
  5. Step #5: Create & Name Your Ad Group. ...
  6. Step #6: Determine Targeting. ...
  7. Step #7: Set Your Ad Group Budget & Schedule.
Mar 28, 2024

What are the TikTok ads trend for 2024? ›

One of the latest TikTok trends predicted for 2024 is loose-canon, unpredictable storytelling methods. If you're producing TikTok ads, an intriguing narrative structure will keep people hooked for 1.4 times longer than a traditional ad.

How to run TikTok ads for Shopify 2024? ›

How to create your first TikTok ad in 8 steps
  1. Step 1: Make sure you have a business account. ...
  2. Step 2: Turn on TikTok integration for your Shopify store. ...
  3. Step 3: Open the TikTok Ads Manager. ...
  4. Step 4: Set your advertising goal. ...
  5. Step 5: Select your audience. ...
  6. Step 6: Set your budget and schedule. ...
  7. Step 7: Create your ad.
Jun 13, 2023

What are the tips and tricks for TikTok ads? ›

Ready to Dominate TikTok? Follow These 12 Best Practices
  1. Set measurable performance goals. ...
  2. Stay aware of trends and subcultures. ...
  3. Partner with creators. ...
  4. Create videos for full-screen vertical viewing. ...
  5. Keep variety and visual appeal top of mind. ...
  6. Create short and sweet videos. ...
  7. Center your brand and CTA. ...
  8. Always add captions.
Aug 10, 2023

How do I make my TikTok ad go viral? ›

16 ways to go viral on TikTok
  1. Keep up with the latest trends.
  2. Use trending and relevant hashtags.
  3. Spark curiosity.
  4. Use sound to your advantage.
  5. Post consistently and at the right times.
  6. Tell a story.
  7. Interact with your followers.
  8. Interact with other users and posts.

How to use TikTok for business 2024? ›

10 tips for building your TikTok marketing strategy
  1. Create and brand your TikTok account. ...
  2. Define your TikTok audience. ...
  3. Create quality TikTok videos. ...
  4. Use ads in your TikTok marketing strategy. ...
  5. Tap into TikTok influencer marketing. ...
  6. Monitor TikTok analytics to track performance. ...
  7. Jump on popular TikTok trends.

How much does TikTok ads cost in 2024? ›

How much does TikTok advertising cost? According to Gupta Media's Social Media CPM Tracker, the current cost of TikTok ads in March 2024 is $2.89 CPM (cost per thousand impressions). The average cost per link click (CPLC) is $0.23.

What is the average CPM for TikTok 2024? ›

In March 2024, the current average CPM for TikTok is $2.89. The average CPLC is $0.23. And the average LCTR is 1.24%. Table: TikTok Current Advertising Costs, Updated March, 2024.

What is the new TikTok ad feature? ›

That's why we're excited to announce the launch of the Search Ads Toggle, a new feature on TikTok Ads Manager that allows brands to serve ads in TikTok search results. The Search Ads Toggle leverages advertisers' existing In-Feed Ad creative to serve ads alongside organic search results from relevant user queries.

Does TikTok promote work in 2024? ›

Whether you want to get more followers on TikTok or convert more followers into paying customers, TikTok promotions can help you reach your marketing goals faster and tap into new audiences.

How do you get verified on TikTok 2024? ›

To request verification of your TikTok account:
  1. In the TikTok app, tap Profile at the bottom.
  2. Tap the Menu ☰ button at the top.
  3. Tap Settings and privacy.
  4. Tap Account, then tap Verification. ...
  5. Follow the steps in the app to submit a verification request.

How do I run TikTok ads for Shopify dropshipping? ›

To run TikTok ads for Shopify dropshipping, start by:
  1. Setting up a TikTok Ads account.
  2. Linking your account to your Shopify store.
  3. Creating your ad campaign by choosing your objective.
  4. Defining your target audience.
  5. Setting your budget.
  6. Designing your ad creative.
Jan 26, 2024

What is the success rate of TikTok ads? ›

TikTok's advertising strategy is effective, with 83% of users finding the app's advertisem*nts entertaining, emphasizing the platform's success in creating engaging and enjoyable ad content.

What is the best practice for TikTok video ads? ›

Introduce your content proposition in the first 3 seconds for better recall and awareness. Use captions or text overlays to provide context to your ad. We recommend displaying 5-10 words per second when using text. Utilize transitions, stickers, and graphics in your creative to retain engagement and view time.

Are TikTok ads worth the money? ›

The answer to this question is yes, advertising on TikTok is worth it for small and large businesses alike for a range of different reasons. Reasons why advertising on TikTok is worth it for small businesses include, but are not limited to: It helps you target specific demographics. TikTok tends to be more engaging.

How long should a TikTok ad be best practice? ›

Video length: 5 to 60 seconds (TikTok recommends 9 to 15 seconds for best results) Video file size: 500MB maximum.

How do I get the most out of TikTok promotion? ›

Now, on to the fun part—using TikTok Promote.
  1. Open the Promote tool. In the TikTok app, access the Promote tool from a TikTok video, Creator Tools or the Business Suite. ...
  2. Choose a goal. ...
  3. Define your audience. ...
  4. Set your budget and duration. ...
  5. Pay and start your TikTok promotion.
Feb 7, 2024

Do TikTok ads perform well? ›

Specifically, for TikTok, research conducted by its Marketing Science unit suggests 50% of the impact from a TikTok ad is realized in the first 2 seconds, and the first 6 seconds capture 90% cumulative impact on Ad Recall and around 80% for Awareness.

How to get more than 2,000 views on TikTok? ›

Without quality content, your view count will stagnate once you stop buying views. Instead, focus on creating genuine and high-quality videos that people will want to watch and share organically. You can utilize hashtags, collaborate with other creators, or even use TikTok ads to get into the limelight quickly.

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