Gen Z's TikTok Search Engine

Robert Oliver sees TikTok as a paradigm-shifting platform that represents a massive opportunity similar to the early Amazon era - a gold rush moment where entrepreneurs can create substantial value without needing significant startup capital.

Key Points:

  • TikTok is fundamentally changing how people discover information:

    • 30% of Gen Z uses TikTok as their primary news source
    • Many users now search on TikTok instead of Google for recommendations
    • People prefer to "visually see what is going on" rather than read text reviews
  • This represents a major paradigm shift in consumer behavior:

    • "There's a paradigm shift" in how people search for everything from restaurants to products
    • The platform is where "the brands of the future are being created"
    • It's changing how creators emerge - they're "coming up off short form content"
  • The business opportunity is substantial:

    • Oliver's five brands using the TikTok model will do "over a hundred million this year"
    • Single videos can generate significant revenue - "this video had made this kid close to $50,000"
    • "Millions are being printed on TikTok shop"
  • The opportunity is still early and accessible:

    • "It's so early" in the platform's development
    • You "don't need a ton of start up capital" or "to raise money"
    • You can "basically just find something that works" and "create something of substantial enterprise value"
  • Success requires understanding the platform dynamics:

    • Be "an observer not a consumer" to spot opportunities
    • Understanding specific angles that work for different demographics is crucial
    • Content that taps into cultural moments can be highly effective
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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