Breaking down TikTok’s impact on Iowa businesses [Video]

According to officials with the social media company, 40,000 businesses in the Hawkeye State use TikTok.

MAQUOKETA, Iowa — Some Iowa small business owners are crediting the social media app TikTok for helping them find success.

On Wednesday, Oct. 30, several business owners gathered in Maquoketa to share the impact that the app has had on them. According to a study by Oxford Economics conducted in collaboration with TikTok, 40,000 businesses in Iowa use the app. Additionally, the app has helped support 2,100 jobs and contributed $200 million to Iowa’s GDP. One business owner said that the app has helped her double her sales in the past year.

“My business wouldn’t exist if I didn’t have TikTok as a marketing tool,” Maddix Stovie, owner of Simply Things by Mattix said. “It provides the very unique opportunity where you don’t have to invest thousands of dollars to reach thousand of people.”

While some such as …

Tags Business, Business Owner, Entrepreneur, Local Business, Marketing