TikTok, the global leader in short-form mobile video, introduced a suite of innovative branding and commerce solutions at the TikTok Unboxed SEA event, aimed at empowering brands and agencies across Southeast Asia to better engage with their target audiences and achieve significant business results.
Held in Singapore at New Bahru, TikTok Unboxed SEA showcased strategies to harness TikTok’s full-funnel capabilities to boost brand recognition and accelerate Gross Merchandise Value (GMV) growth.
Marketing leaders from prominent companies, including Grab, Dentsu, and Nestlé, participated in the event, sharing insights on how content-driven commerce on TikTok is transforming consumer interactions and driving full-funnel business impact.
Asha Gourinath, Head of Growth Capabilities, Performance Marketing and Media, Grab SEA, shared on how TikTok’s creator networks enhance the visibility of Grab’s ‘Boss of Lunch’ campaign, achieving a 13% incremental conversion rate, far higher than any previous campaigns.
We found the sharing on the ‘Face of Courage’ campaign in the Philippines by Dan Paris, Chief Product and Growth Officer, Dentsu Creative, particularly inspiring. The campaign addressed the sensitive topic of domestic violence using generative AI and TikTok for amplification.
Nadia Louis, Head of Digital and eCommerce, Asia, Oceania, Africa, Middle East, Nestlé, shared how Nestlé emerged as the top F&B brand during the 4.4 sale through TikTok ads and engagements, achieving a 1.9x GMV increase and a 2.1x order uplift.
Transforming Commerce in Southeast Asia
Commerce in Southeast Asia is undergoing a major transformation, with content-led experiences merging discovery and purchase. TikTok, with over 325 million users in the region, is at the forefront of this shift. Its content-driven commerce model allows businesses to build brand awareness, generate interest, and drive demand on a single platform.
TikTok Shop, the platform’s shopping ecosystem, has further strengthened this experience, combining community, creativity, and commerce for a seamless customer journey.
TikTok is encouraging businesses to explore these unique opportunities, helping brands unlock new revenue streams and maximise growth through TikTok’s creative and commerce solutions. The platform also supports businesses with tools to engage audiences, build brand equity, and convert interactions into sales.
New Gen AI-Powered Creative Tools and Commerce Playbooks
TikTok unveiled its new creative AI suite at the event, which includes two key products: TikTok One and TikTok Symphony. These tools, powered by generative AI, are said to enable brands to scale their creative production and create content that resonates globally.
- TikTok One will centralise access to TikTok’s creative tools, allowing marketers to work with over 2 million creators, agency partners, and production resources through a single login.
- TikTok Symphony is a generative AI-powered video editing suite designed to simplify content creation, scriptwriting, video production, and asset optimisation.
Additionally, TikTok will release new commerce and branding playbooks later in 2024.
These guides will outline key strategies for businesses to enhance conversions and sales, with a focus on developing Hero SKUs, leveraging TikTok Shop Ads, and accessing TikTok’s Business Accelerator to improve shop diagnostics and performance.
Driving Business Success with TikTok
Matty Lin, General Manager of Global Business Solutions at TikTok SEA, emphasised the platform’s strong support businesses: “We understand the challenges of driving e-commerce growth while keeping engagement high. Our new creative ecosystem is designed to help businesses remain innovative, inspire discovery, and convert engagement into measurable sales.”
For more details on TikTok’s new suite of branding and commerce solutions, visit TikTok for Business.
