Summary List Placement
TikTok has become a powerhouse driving cultural trends and viral phenomenons among US teens.
But it’s not just viral dances or songs coming out of TikTok — the app is influencing teens’ preferences when it comes to buying products, particularly in beauty and skincare.
TikTok “has significantly reshaped these preferences,” according to Piper Sandler’s spring 2021 edition of its biannual report, “Taking Stock with Teens.”
Take CeraVe as an example.
The brand is currently ranked as teens’ No. 1 favorite skincare brand, according to Piper Sandler’s recent survey of 7,000 US teens. CeraVe skyrocketed to the top in 2020 after being ranked at just No. 10 in 2019.
The L’Oreal-owned skincare brand is dermatologist-developed and was a drugstore staple for years. Then, in 2020, the brand started flying off the shelves as teens and young adults threw out their fragranced, fancier, and vigorous skincare products in exchange for the gentler, affordable product.
A new generation of skincare influencers was emerging on TikTok and millions of people flocked to the wisdom of creators like Hyram Yarbro, a 24-year-old creator with 6.8 million TikTok followers. CeraVe is one of Yarbro’s frequently recommended products, and the brand has also sponsored Yarbro in the past.
CeraVe told Insider in August that it had experienced a spike in sales during 2020.
But CeraVe isn’t the only brand that’s seen a boom out of TikTok.
In 2019, The Ordinary didn’t break into the top 10 favorite skincare brands for US teens. But now, it ranks at No. 4 and has stayed there since fall 2020. The brand is another a cult favorite among TikTok “skinfluencers” like Yarbro and Young Yuh.
Last fall, e.l.f. made its ascent as the No. 2 favorite cosmetics brand for teens, moving up from its previous No. 4 spot. This spring, e.l.f. was only 8 votes away from being the No. 1 favorite, the report said. The cosmetics brand was one of the earliest brands to tap into TikTok’s marketing power, launching a viral hashtag campaign with its own original song “Eyes. Lips. Face. (e.l.f.)” in October 2019.
“The explosive rise of TikTok has given marketers the ability to reach Gen-Z in previously unimaginable ways,” Kory Marchisotto, e.l.f.’s chief marketing officer, told Insider in 2020.
TikTok leads in other ways, too. The platform ranks as the No. 2 favorite social media platform among the teens surveyed by Piper Sandler. It was narrowly edged out by Snapchat …read more
Source:: Business Insider