Summary of How To Save Yourself From Mistakes That Big Companies Make - Gary Vaynerchuk

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    TikTok's Power: Sherwin Williams Misses the Mark

    This article examines the recent case of Tonesterpaints, a college student who gained a massive following on TikTok with his paint-mixing content. He then pitched a TikTok campaign to his former employer, Sherwin Williams, only to be rejected and fired.

    • The article argues that big companies are failing to recognize the potential of TikTok marketing and the influence of creators like Tonesterpaints.
    • The author believes Sherwin Williams' decision to fire Tonesterpaints is a sign of their inability to adapt to the changing landscape of digital marketing.

    Tonesterpaints' Rise to TikTok Fame

    Tonesterpaints initially gained popularity on TikTok by sharing engaging videos showcasing his paint-mixing skills. He quickly amassed a following of over 1.4 million users, proving the power of TikTok to reach a large and engaged audience.

    • His unique content attracted attention, showcasing the potential of TikTok for businesses to connect with consumers in a new way.
    • Tonesterpaints' success highlighted the importance of embracing digital platforms and recognizing the influence of creators.

    Sherwin Williams' Missed Opportunity

    Sherwin Williams' decision to reject Tonesterpaints' pitch and later fire him for gross misconduct is seen as a missed opportunity by the author. The article argues that the company failed to recognize the value of Tonesterpaints' unique talent and audience reach.

    • They missed out on the chance to tap into a vibrant and growing community of TikTok users interested in paint and DIY projects.
    • Instead of embracing Tonesterpaints' expertise, Sherwin Williams opted to stick with traditional marketing strategies, demonstrating their lack of adaptability to new platforms.

    Florida Paints Seizes the Opportunity

    Following his firing, Tonesterpaints landed a job with Florida Paints, a company that understood the value of his TikTok fame and the power of social media marketing. They recognized his ability to attract and engage a large audience and welcomed him to create similar content for their brand.

    • Florida Paints' decision to embrace Tonesterpaints' expertise reflects their forward-thinking approach to marketing and their willingness to adapt to new trends.
    • This move highlighted the importance of embracing the power of creators and the influence of social media platforms like TikTok.

    The Importance of Embracing Common Sense in Business

    The article emphasizes the need for businesses to embrace common sense and recognize the value of emerging platforms like TikTok. They must adapt to the changing landscape of digital marketing and be open to new ways of engaging with consumers.

    • Big companies need to shift their focus from corporate-centric strategies to consumer-centric approaches.
    • They should be more thoughtful in their decision-making, recognizing the potential of individuals like Tonesterpaints to drive success.

    TikTok's Role in the Future of Marketing

    The story of Tonesterpaints highlights the growing role of TikTok in marketing. As businesses increasingly seek to connect with consumers in a digital world, platforms like TikTok offer unique opportunities to reach a large and engaged audience.

    • TikTok's ability to connect brands with creators allows for authentic and engaging content creation, leading to increased brand awareness and consumer engagement.
    • The success of Tonesterpaints demonstrates the power of embracing TikTok as a marketing tool, particularly for companies in the paint and home improvement industry.

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