TikTok turns to generative AI to boost its ads business

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TikTok is the most recent tech firm to include generative AI into its adverts enterprise, as the corporate introduced on Tuesday that it’s launching a brand new “TikTok Symphony” AI suite for manufacturers. The instruments will assist entrepreneurs write scripts, produce movies and improve present property.

The suite features a new AI video generator referred to as the “Symphony Artistic Studio.” The instrument can generate TikTok-ready movies with just some inputs from an advertiser, the corporate claims. The studio additionally provides manufacturers ready-to-use movies for advert campaigns based mostly on their TikTok Adverts Supervisor property or product data.

Picture Credit: TikTok

The brand new “Symphony Assistant” is an AI assistant that’s designed to assist advertisers improve their campaigns by serving to them generate and refine scripts, and supply suggestions on greatest practices. 

As an illustration, manufacturers can ask the assistant to write down a couple of attention-grabbing strains for his or her new lipstick launch. They will additionally ask the assistant to indicate them what’s at the moment trending on TikTok or to generate some concepts for selling a brand new product in a particular business. 

TikTok’s new “Symphony Adverts Supervisor Integration” might help manufacturers mechanically repair and optimize a model’s present movies. The instrument can be utilized to spruce up movies {that a} model has already created to make it stand out extra. 

Picture Credit: TikTok

As well as, TikTok is launching a centralized vacation spot for entrepreneurs referred to as “TikTok One” the place they may have the ability to entry almost two million creators, uncover company companions and leverage TikTok’s inventive instruments.

TikTok can be introducing new efficiency options with the assistance of predictive AI to assist advertisers drive extra gross sales. Advertisers will have the ability to enter their budgets and objectives to find out one of the best inventive asset and the appropriate viewers for his or her marketing campaign.  

As a part of the announcement, the corporate revealed that 61% of customers have made a purchase order both immediately on TikTok or after seeing an advert. TikTok additionally stated that 59% of customers use TikTok to determine which sport to obtain subsequent and that 52% of customers even analysis automobiles due to TikTok content material they’ve seen.

Whereas TikTok is seeing success with its adverts enterprise and constructing it out because it chases extra advert {dollars}, the corporate faces a possible hurdle within the yr forward. The destiny of the app’s future within the U.S. is unsure as President Joe Biden signed a invoice final month that might ban TikTok if its guardian firm ByteDance doesn’t promote the app. If the app does get banned within the U.S., different tech firms and startups might have the potential to realize floor in its gaping absence.

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