Fear Marketing Works
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Robert Oliver sees TikTok as a gold rush opportunity similar to the early Amazon era - a platform where entrepreneurs can create substantial value without needing significant startup capital or investment. He believes TikTok represents a paradigm shift in how people discover products, places, and information.
Key Points:
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TikTok represents a massive opportunity similar to the early Amazon era:
- "I look for these moments in time where you don't need a ton of start up capital"
- "You don't need to raise money and you can basically just find something that works"
- "Create something of substantial enterprise value and tiktok represents that"
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TikTok is changing fundamental consumer behaviors:
- Search behavior is shifting from Google/Yelp to TikTok for visual discovery
- 30% of Gen Z uses TikTok as their primary news source
- Shopping is becoming more live and visual
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Success strategies for TikTok brands:
- Marketing to fear is highly effective: "Whenever you see the ability to market to fear like big pharma or insecurities, run into that"
- People engage with content where "they feel like they're learning something"
- Brands can leverage TikTok success to improve organic rankings on Google and Amazon
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Real examples of success:
- Evil Goods (beef tallow skincare): Leveraged holistic wellness trends and anti-toxic skincare sentiment
- Top Shelf (cologne): Building "a Creed for Gen Z" doing close to a million dollars monthly
- Multiple brands collectively generating over $100 million in revenue using the TikTok model
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Research tools for TikTok opportunities:
- Kalo Data (kalodata.com) is "directly plugged in to TikTok's API"
- Shows top products and top videos to study what's working
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Philosophical approach:
- "Be an observer not a consumer" to spot opportunities
- "Pick something you like and see some area of disruption and make stuff for yourself"
- "Be relatively delusional about the future while being very aware of where you're at today"