Friday, May 23, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
Your browser does not support the video tag.
ADVERTISEMENT

Centenary Bank boss: Startups Should Leverage TikTok for Growth

A Centenary Bank executive argues that TikTok is a crucial platform for startups seeking growth, emphasizing creativity and authenticity over large budgets.

by JOSEPH NSIMBI | UG STANDARD REPORTER
22/05/2025
in Business, TECH
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter
Michael Jjingo is the General Manager Commercial banking at Centenary Bank
Michael Jjingo is the General Manager Commercial banking at Centenary Bank

KAMPALA, Uganda — For startups aiming to achieve significant growth without massive marketing budgets, TikTok is an indispensable tool, according to Michael Jjingo, General Manager of Commercial Banking at Centenary Bank. He argues that new businesses should actively leverage the short-form video platform to reach wider audiences and build strong brand presence.

Jjingo contends that TikTok offers a unique advantage because it values creativity, authenticity, and engaging content over expensive, polished advertisements. This environment allows even small startups to go viral, effectively competing with larger, more established companies.

Related posts

President Museveni launches new skilling hubs in Uganda, aiming to combat youth unemployment by providing practical vocational training and economic empowerment

Museveni Launches Skilling Hub, Emphasizes Youth Training

15/05/2025
263

Innovate Africa to host World Product Day to tackle ‘wicked’ problems

12/05/2025
177
PostBank Uganda has disbursed Ushs 6 billion to 353 women entrepreneurs under the GROW loan program, a government-backed initiative aimed at promoting women's entrepreneurship and financial inclusion.

Study: Mindset training boosts profits for Ugandan entrepreneurs

12/05/2025
163
MTN Uganda board chairperson Charles Mbire (PHOTO/File)

Tycoon Mbire recounts early challenges, triumphs in building MTN Uganda

05/05/2025
174

“Startups, by their nature, are underdogs,” Jjingo writes. “What they do have is agility, boldness, and usually, at least one team member who’s willing to dress as a talking actor if it helps drive engagement. That’s where TikTok shines.”

He emphasizes that a single, well-executed video has the potential to rapidly expand a startup’s reach, leveling the playing field in the competitive digital market.

To effectively engage TikTok’s audience, Jjingo advises startups to ditch corporate jargon and instead embrace memes, trending sounds, and humor. He suggests innovative approaches like demonstrating an app’s features in an adventurous setting or using creative storytelling to explain a product.

Jjingo also highlights the platform’s unpredictability as a benefit. An unexpected user-generated video could unexpectedly thrust a product into the spotlight, creating a significant marketing opportunity. He notes that TikTok’s algorithm rewards bold and original content.

Beyond just entertainment, TikTok serves as a powerful engine of discovery. Jjingo observes that while users initially seek entertainment, they often stay for valuable information. Startups that master “edutainment” — blending educational content with engaging presentation — can build not only visibility but also crucial customer trust.

He points to TikTok’s high engagement rates, which he claims surpass those of other social media platforms. Unlike platforms where organic reach is limited, TikTok’s algorithm gives even new accounts a strong chance of their content going viral from the very first post.

However, Jjingo also offers a word of caution. He advises against merely following trends without substance, as this can make a startup appear desperate. He stresses that true, lasting success on TikTok requires a solid product or service to support any viral content.

Finally, Jjingo urges startups to treat TikTok as a community. He encourages active engagement with comments, collaborations with micro-influencers, and genuine interaction with followers, fostering authentic connections rather than simply broadcasting marketing messages.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Business GrowthCentenary Bankcontent marketingdigital marketingEntrepreneurshipMichael JJINGOSocial Mediastartup marketingTikTokvirality

Related Posts

Business

 Outstanding Companies Shine at East African Brand Quality Awards

by NTEZA MICHAEL | REPORTER
30/11/2024
0
302

KAMPALA- Representatives from East African top brands , on Friday evening, converged at Golf Course Hotel in Kampala for the...

Read moreDetails
Group photo of the students with officials from TotalEnergies EP Uganda led by Laurent Stephane, Tilenga Academy Recruitment and Training Manager

100 Ugandan students advanced oil and gas training abroad

03/04/2025
185
Innocent Kawooya, the HiPipo CEO noted that innovators can use Mojaloop to develop secure and interoperable payment systems that are acceptable globally.

17 Startups to watch out for in 2022

05/01/2022
157
The Digital Impact Awards Africa celebrates digital excellence across the continent, big or small, local or international.

2022 Digital Impact Awards Africa open for nominations

01/09/2022
152
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4301 shares
    Share 1720 Tweet 1075
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2589 shares
    Share 1036 Tweet 647
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3318 shares
    Share 1346 Tweet 822
  • How to Check PLE Results 2024 on Phone, Online

    1776 shares
    Share 710 Tweet 444
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1647 shares
    Share 659 Tweet 412
  • MPs clear govt to cancel 2020 academic year

    2795 shares
    Share 1149 Tweet 686
  • UNEB agrees to adjust examinations timetables to accommodate lost time

    2660 shares
    Share 1086 Tweet 656

Recent Articles

D/ASP Charles Twine (in army green jacket) with Noah Mutwe arriving at Buganda Road court on Thursday.

TREASON? Ex-CID Boss Busted for Threatening Museveni, Muhoozi!

23/05/2025
Gen. Salim Saleh, a key presidential advisor, meets with European Union officials, including Ambassador Jan Sadek in Gulu, Uganda, calling for a "political ceasefire" and inter-party dialogue ahead of the 2026 general election.

Gen. Saleh addresses EU concerns over CDF Muhoozi’s tweets

23/05/2025
Uganda's Education Ministry has issued strict new guidelines banning extravagant school parties, luxury transport, and lavish election campaigns. The move aims to restore discipline and curb excessive displays of wealth, with headteachers facing disciplinary action for non-compliance.

Education ministry bans cars, couples, choppers and lavish parties in schools

23/05/2025

aBi Finance, UIBFS Equip Lenders for Climate Challenges

23/05/2025
Tree-climbing lions in Ishasha, are one of the wildlife attractions unique to Uganda and a few other countries on the African continent. With proper investment in marketing the destination

UK travel advisories hurt Uganda park tourism

23/05/2025

Whistleblower Alleges Widespread Judicial Fraud in Uganda Courts

23/05/2025
Senior Superintendent of Police Nixon Agasirwe

Ex-Uganda Police Commander Nixon Agasirwe Arrested in 2015 Prosecutor Murder

23/05/2025

Recent CommentsRecent Comments

  • Parliamentary Committee Grills Local Government Over PDM Funds, Accountability – Press Uganda on Parliamentary committee grills local government over PDM funds, accountability
  • Uganda Faces Billions In Tax Losses From Thriving Illicit Alcohol Trade – Press Uganda on Uganda Faces Billions in Tax Losses from Thriving Illicit Alcohol Trade
  • CAUGHT RED-HANDED?! Top Kampala Lawyer-Lender Faces Claims Of Courtroom Manipulation And “Phantom Documents”! – Press Uganda on CAUGHT RED-HANDED?! Top Kampala Lawyer-Lender Faces Claims of Courtroom Manipulation and “Phantom Documents”!
  • Centenary Bank Boss: Startups Should Leverage TikTok For Growth – Press Uganda on Centenary Bank boss: Startups Should Leverage TikTok for Growth
  • 3 Dead, 9 Injured In Mukono Highway Crash – Press Uganda on 3 Dead, 9 Injured in Mukono Highway Crash
UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • TREASON? Ex-CID Boss Busted for Threatening Museveni, Muhoozi!
  • Gen. Saleh addresses EU concerns over CDF Muhoozi’s tweets
  • Education ministry bans cars, couples, choppers and lavish parties in schools
  • aBi Finance, UIBFS Equip Lenders for Climate Challenges
  • UK travel advisories hurt Uganda park tourism
  • Whistleblower Alleges Widespread Judicial Fraud in Uganda Courts

OpED

Understanding Air Expansion and Its Impact in Kasese District, Western Uganda

The Empire, the Spectacle, and the Soft Coup in South Africa

Inside South Africa’s Retail Shake-Up

Afrikaners for the U.S. as Refugees?

In Memoriam: Rajiv Ruparelia – A Legacy of Vision and Heart

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d