As TikTok teeters, YouTube, Meta, Snapchat and more race to claim its ad dollars with incentives, discounts
With TikTok’s fate in the U.S. dangling between the Supreme Court and President-elect Donald Trump, competitors are moving in to try and claim its ad dollars.
Snapchat, for example, isn’t holding back. In recent pitches to marketers, the app’s ad sales team has highlighted the notable audience overlap between Snapchat and TikTok in the U.S., both on a daily and monthly basis, according to two slides shared with Digiday.
The first slide shows Snapchat’s claim that 60% of U.S. users over the age of 18 also use TikTok daily, while the second slide highlights that 77% of Snapchat’s U.S. users aged 18 or over use TikTok monthly. Both slides strongly indicate that anyone seeking a possible replacement could at least find a majority of their TikTok users over on Snapchat.
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