The WGSN TikTok Analytics forecasting methodology tool has been developed by the brand as a solution for brands to help them keep more of a pulse on what's happening on social media. The tool harnesses data analytics along with expert insights and the WGSN STEPIC model that's used by the brand to identify trends as well as fads. The tool is slated to provide brands with insight into how their long-term product development or marketing strategies can be refined rather than reacting on a short-term basis.
Director Clare Varga spoke further on the WGSN TikTok Analytics forecasting methodology tool saying, "This new series will be a game-changer. We have created a first-of-its-kind proprietary methodology combining data and human forecasting expertise to provide clients with a comprehensive analysis and visualization of a TikTok trend’s strength and lifespan. This is crucial for planning and product development, ensuring our clients are always ahead of the trends."
Social Media Forecasting Tools
WGSN TikTok Analytics Harness Data, Insights and More
Trend Themes
1. Social Media Forecasting Tools - Revolutionize social media monitoring with data analytics and expert insights for trend identification.
2. WGSN Tiktok Analytics - Innovative tool utilizes a unique methodology to analyze TikTok trends and strengthen client strategies.
3. Trend Identification Solutions - Proprietary method combines data and human expertise for in-depth trend analysis and visualization.
Industry Implications
1. Marketing Technology - Opportunity for companies to enhance social media strategy with advanced analytics and forecasting tools.
2. Fashion and Retail - Empowering brands to refine product development strategies by staying ahead of social media trends.
3. Consulting Services - Potential for consulting firms to offer trend identification solutions using data analytics and human insights.