Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

What does homework mean on tik tok

17/11/2021 Client: muhammad11 Deadline: 2 Day

Renegotiating NAFTA Case Essay

ByteDance Technology Co. must make a decision of whether it plans to

1. Keep Musical.ly a separate company or

2. Merge it with Tik Tok in order to focus on global expansion

ByteDance should make the decision to merge both Musical.ly and Tik Tok because: it can increase focus on company globalization, strengthen defenses against bigger companies (Snapchat, Facebook, etc.) and can create a faster route or more opportunities for monetization.

· Company Globalization

· Company Strategy

· Monetization

The main character of the case has to recommend a decision about if it would be better to keep Musical.ly as a separate platform. Or should Musical.ly be replaced to create a global app under the Tik Tok brand. In this case, they need to decide if they should keep Musical.ly, as a separate platform or they should replace it to create a global app under the brand of Tik Tok. This informs the reader that the character has to decide the Musical ly. In this case, the main aim of the parent company is to gain more and more viewers for their growth.

Given the situation faced by Tik Tok, the case can be analyzed by a decision scenario where the company has to agree to make a decision whether to merge with the musical.ly brand to become part of the Tik Tok brand. Given the history between the two, the two products sell the same product and exist in the same industry as competitors. Merging both markets has a high chance of leading to the rapid growth of the parent company. The other option whereby Tik Tok and Musical.ly exist as separate entities but Tik tok as the holding company would enhance Musical.ly to grow and increase its users in North America, and Tik Tok would increase users from China to other states. The decision will be based on which option favors users of the two products and enhances the growth of the two companies without losing originality and content.

Company Globalization

ByteDance Co. is focusing on the globalization of Tik Tok and providing a platform for users to upload short videos while also creating a personalized and unique experience for each user. The decision to merge both Musical.ly and Tik Tok will broaden these opportunities because it will give Tik Tok the opportunity to enter the U.S market and markets in Europe. With the success of TikTok thus far, there have been many “copycat” in the market that have tried to incorporate similar experiences onto their apps. Merging both apps will create more room for growth with the help of teams that have already worked in different regions and know the market and their users well.

Company Strategy

In this case study we are provided with a deeper understanding of TikTok and how it began to spread. This information helps us deeply understand the background of the company and will help assess if Musical.ly is fit to merge the two brands into TikTok. It is clear that Musical.ly has been a competitor for TikTok and has many users in North America, where TikTok has not gained much popularity. Merging Musical.ly with Tik Tok will allow both user groups to be on a single app and eliminate the high competition in this market in the U.S. Making Tik Tok and Musical.ly a single brand, will likely grow more users in other regions. In addition to that, Tik Tok will gain the strengths of Musical.ly and be able to use them to appeal to other markets and other user groups. Since Tik Tok has gotten some backlash on the quality of the content they provide, Musical.ly’s operating standards can also help in that department.

Monetization

ByteDance CEO is now thinking of ways Tik Tok can begin to bring in revenue. There have been a few partnerships with companies like Tmall and Taobao that provided users a link to buy products from someone’s videos that were uploaded. In other regions, Tik Tok is still creating the user base necessary to begin making money with bigger companies. Despite the efforts in globalizing Tik Tok and engaging new users, TikTok's engagement rate is only 29%, bigger companies like Facebook, Snapchat and Instagram all have engagement rates above 90%. Low participation rates and cross-market differentials will continue to be Tik Tok’s main fight towards monetization. Merging Musical.ly with Tik Tok could help with cross-market differentials by merging two different user bases.

The Middle Option

The middle option to keep Musical.ly and Tik Tok as their own companies has major cons:

· Keeping their separate target audiences can hinder potential global expansion because they will be focused on two separate goals rather than reaching one big goal as a merged company.

· Although both Musical.ly and Tik Tok have proven to be extremely successful, there are still promising competitors that are looking to globally expand and take out either company. Merging both can mean a better chance at global expansion.

· Keeping the companies as their own seems to keep progress stagnant because users will most likely continue to use the app that they are already on and not consider the other option.

Risks

Merging both companies does come with some risks. This can potentially not appeal to the users of Musical.ly who have already established a fan base or comfortability with using the app. There are content creators already invested in the app who might decide to not continue the use of Tik Tok over feeling “annoyed”, as the Harvard case study puts it, at the company decision. In addition to that, there is the possibility that the different networks and audiences do not end up benefiting from each other. This would mean that Tik Tok gained nothing from the Musical.ly acquisition. Carefully analyzing these risks and creating an action plan to minimize them is key for ByteDance’s global success.

Action Plan

The ultimate goal of this action plan is to mitigate the risks that will come with the acquisition of Musical.ly while also maximizing efforts of global expansion.

Short Term

· Announce to both Musical.ly teams and Tik Tok teams that the acquisition will take place but making this a smooth transition being kept top of mind.

· Create a team in the U.S that will focus on bringing the strengths of both companies to be shared as one, on Tik Tok.

· Begin a marketing team with members of both companies from the U.S that will understand how to get users to want to transition to another app.

Medium Term

· Begin the official acquisition of Musical.ly and focus on Tik Tok’s global expansion.

· The marketing team can begin their marketing plan or finish up the last of the plans and then put it in action. This will be essential to the global expansion of Tik Tok since Musical.ly users will need to make a decision on what app they will be using.

· Track company progress of the initial steps that are being taken while also keeping in mind the team’s commitment to the action plan. Workshops or training can be offered/given to employees in order to make sure they are being kept up to date and are willing to do what is required. These workshops can also be used to hear any team concerns.

Long Term

· Listen to the user's feedback on the app and then use that feedback to provide an extra user friendly experience. This can make the difference when competing against other global giants.

· Begin to look at ways to make revenue if Tik Tok has successfully acquired Musical.ly users, created strong defenses against major competitors, and gained global traction.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

WRITING LAND
Top Class Engineers
Assignment Hub
Supreme Essay Writer
Top Grade Tutor
Write My Coursework
Writer Writer Name Offer Chat
WRITING LAND

ONLINE

WRITING LAND

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$18 Chat With Writer
Top Class Engineers

ONLINE

Top Class Engineers

As per my knowledge I can assist you in writing a perfect Planning, Marketing Research, Business Pitches, Business Proposals, Business Feasibility Reports and Content within your given deadline and budget.

$37 Chat With Writer
Assignment Hub

ONLINE

Assignment Hub

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$41 Chat With Writer
Supreme Essay Writer

ONLINE

Supreme Essay Writer

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$23 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$47 Chat With Writer
Write My Coursework

ONLINE

Write My Coursework

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$17 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

When i learn d the astronomer summary - ANAL 442 ANALYZING FOOD PRODUCTS FOR VITAMIN C - Artificial grass football ground - Sheikh ammar bin humaid al nuaimi net worth - The prince of fashion - Brass coefficient of thermal expansion - Maori fish hook meaning - Obesity in tower hamlets - Assignment - Oedipus killing laius quotes - Peter senge 7 learning disabilities - Official sponsors of the astros - Why does hester stay in boston - Encase certified examiner ence certification - Physics lab #5 due today only physics expert contact me - No more excuses song trevor noah - Charles dickens oliver twist characters - When was pluto formally downgraded from planet to dwarf planet - Properties and reactions of acids and bases lab report - Service and installation rules - Shelly cashman excel 2016 module 3 sam project 1a - Graphic studio gallery dublin - MBA - Main - Dis 5 - Nutrition - If you were a new graduate student just looking for a new job in your career, which kind of organization would you dream to work for, OR which kind of manager to supervise you in your early career and why? - Ermogenous v greek orthodox community of sa inc - Nmol l to ng ml converter - Informative Speech Outline Rough Draft - How many au is saturn from the sun - Law & Ethics in the Business Environment - Direct leadership vs organizational leadership army - Global food and wine townsville - New cossington mill restaurant - Racial profiling pros and cons - Elizabeth kilbey psychologist nhs - Bogotobogo android - Soap note for crohn's disease - Command to check crashinfo on cisco router - Calculate the required rate of return for manning enterprises - ET WK6 paper - Microstructure of balsa wood - Clubs london business school - Tutorial 4 case problem 1 sky dust stories - Which of the following material has maximum ductility answer - Acceptance angle and numerical aperture - Write an equation for a rational function with - Please Respond if you can answer in 12 hours - Internet of Things(IoT) - COLLABORATIVE LEARNING COMMUNITY - English - Groupwise email bjc - Applying social work theories and methods - Do metals tend to form positive ions - Exercise 10 13 revising depreciation lo c2 - Https www openintro org stat textbook php - Ethics character and authentic transformational leadership behavior pdf - Concrete beam span depth ratio rule of thumb - 4 wheel exercise cart - Enthalpy of mixing non ideal solutions - Purchase painting equipment for 16000 cash - The snare by james stephens questions and answers - Applied Learning Practicum - Survey and Reflection - MAT 510 Discussion 1 - Ddc inmate search jacksonville fl - Solution of heat equation by separation of variables - How to make full wave rectifier circuit on breadboard - Cesium bromide ionic compound - Social work case presentation example - Unit 310 develop a presentation answers - Unimelb exam period semester 2 - Modelling sea-floor spreading activity - Why does thoreau make this comparison to the visual arts - CRISPR ASSIGNMENT - Laura hughes sex offender shuffle - Make your own country project ideas - Lymphoscintigraphy cpt code - The power of the t test increases with ____. - Circuit analysis lab report - How to Master Every NURS/NHS FPX 4000 Assessment with Confidence - Brookmill medical centre leigh - Fragile planet organic apple juice - Kbr acid or base - Dow corning 890 sl silicone joint sealant - North wilts youth league full time - Which of the following is an online library penn foster - APA format and writing priorities - Mount buangor state park - Comprehensive problem 1 the accounting cycle part 1 - Example of a summary - Lyrics black eyed peas where is the love - Who global strategy on diet physical activity and health - Discussion - The importance of being earnest prezi - Write A Brief Summary Of The Unbecoming Behavior 400 Words Only - Wgu root cause analysis paper - Get assignment help at cheap price in Studyshields.com - Qsr drive thru study 2017 - The longest memory context - How to calculate 6 months savings - Cisco application visibility and control