Survey: More than half of TikTok users have found gift ideas on platform
"With more than 170 million users in the U.S. and expectations that TikTok sales will rise tenfold this year to $17.5 billion [according to eMarketer data], this survey demonstrates the undeniable influence TikTok will have on holiday gift idea generation and purchasing decisions this season," said Ryan Goff, executive VP, chief marketing officer and social media marketing director at MGH. "Content creators and businesses alike should take note of the opportunity the platform presents, and the impact that compelling content and reviews have on purchasing decisions as we dive head first into the competitive holiday season."
TikTok will likely play a key role in boosting e-commerce sales next week. According to a recent report from Salesforce, Cyber Week (Thanksgiving Day Nov. 28 to Cyber Monday Dec. 2) sales are expected to reach $311 billion worldwide, accounting for 23% of all holiday purchases in 2024 and $75 billion in the U.S.
MGH’s survey was conducted on Nov. 13, 2024 and is based on 1,142 U.S. adults ages 18+ who watch TikTok videos.