TikTok’s Q2 Ad Spend Increases While Facebook and Instagram Slows
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by Chief Marketer Staff
According to a study from ecommerce analytics tool provider Triple Whale, ad spend on TikTok in Q2 was up 53 percent from the previous quarter. Meanwhile, Facebook and Instagram’s ad spend slowed in comparison. An article in Multichannel Merchant explores TikTok’s recent success with younger, engaged audiences, plus additional statistics surrounding DTC purchasing behavior.
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