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American Express & TikTok Launch the '#ShopSmall Accelerator' Program

— November 15, 2022 — Social Media
American Express has partnered with social media giant TikTok to launch the '#ShopSmall Accelerator' program, which has been specifically designed to help small to medium sized businesses reach Gen Z consumers through the app. In addition, the new program is being launched in conjunction with the AmEx-sponsored holiday 'Small Business Saturday.'

Through the program, business owners will learn how to leverage the social media platform as a search engine, increase user engagement, and benefit from trends, hashtags, and communities. Moreover, as part of the #ShopSmall Accelerator, there will be an opportunity for qualified small business owners to get a $100 TikTok advertising credit.

“In addition, small business owners will be given access to tools and resources to think like TikTok creators, including a tutorial…on how their businesses can stand out on the platform,” said American Express.

Image Credit: American Express
Consumer Demand Drives Foldable and Multi-Screen Devices
Consumers are adopting foldable and multi-screen devices as they seek more versatile and pocketable screen options for enhanced mobility and functionality.
Question 1
Which of the following types of devices have you personally used in the past 12 months?
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Question 2
What are the main reasons you use or chose this type of device?
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Question 3
How likely would you be to choose a foldable or multi-screen device the next time you purchase a smartphone, tablet, or laptop?

Trend Themes

  1. Gen Z Engagement — Small to medium sized businesses need to reach Gen Z consumers through TikTok to enhance customer engagement.
  2. Influencer Marketing — The use of influencers on TikTok to market products and services has emerged as an innovative strategy for brands to generate leads and increase sales.
  3. User-generated Content — The generation of user-generated content on TikTok can help brands grow their customer base by building brand loyalty and engagement.

Industry Implications

  1. Marketing — Marketing agencies can leverage TikTok's user engagement potential to promote their clients' products and services through engaging content.
  2. E-commerce — E-Commerce businesses can benefit from the #ShopSmall Accelerator program's techniques to acquire and retain Gen Z customers on TikTok.
  3. Advertising — Advertising agencies can incorporate TikTok into their clients' social media marketing strategies to reach new audiences and increase brand awareness.
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