TikTok's 5 ways to monetize

Quickly promote the 17th article outside the site

Only four months have passed in 2020, and according to Sensor Tower data, TikTok's global downloads have exceeded 2 billion times!

TikTok's influence abroad is so great that it has even begun to shake the status of the three major social media giants: Facebook, Instagram and Youtube.

Let's look at two sets of data:

1. In the first quarter of 2020, TikTok achieved the highest number of downloads in a single quarter in history, with a total of 315 million downloads on AppStore and GooglePlay. India, China and the United States were the countries with the most downloads.

2. According to eMarketer data, in March of this year, American TikTok users spent an average of 858 minutes (14 hours and 18 minutes) on the TikTok app. This data is as amazing as that of Douyin in China!

These data show that the time spent by foreign users on TikTok is increasing.

We know that where there is traffic, there is business.

Next, let’s talk about TIKTOK ’s monetization methods:

1. Planting grass

Now on TikTok, just like in the early days of Douyin, as long as you post something slightly novel, a bunch of people will come and ask where to buy it.

Just like the lady below:

Her wig hat display video received 2.9 million likes and more than 8,000 comments, with a lot of calls for purchase in the comments.

2. The prerequisite for Tiktok to monetize is to have a large enough number of fans, so how can a novice increase his fans?

First, you need to maintain an account: follow a few target users, comment, like, and reply, and then publish your work after 3-7 days.

The second thing is positioning: determine the direction of your own content, then analyze the characteristics of videos and popular videos of the top accounts in the field, and get inspiration for shooting.

The last part is operation: you can interact with users through title settings, participate in hot topics, push content and time steadily, and let fans develop the habit of watching regularly.

3. Start live streaming

Requirements: You need at least 1,000 followers to start live streaming

Fans can give you coins during live broadcasts. Once you have accumulated enough to cash out, you can exchange the coins for real cash.

4. Amazon Affiliate Alliance and TikTok Combination:

What is the most mature way of monetization in China? Internet celebrities, reviewers, and marketing accounts earn commissions by sharing product links. The more common ones are Taobao Alliance, JD Alliance, Dangdang Alliance, and Vancl Alliance. However, Amazon also has this marketing model of sharing and getting commissions.

Tiktok will also be like Douyin in China. Once an account becomes an Internet celebrity, a shopping cart will appear, which can be directly connected to Amazon, AliExpress, and independent websites.

5. Selling goods

If you have a good enough fan base on TikTok, you can consider setting up Shopify to sell your products

In fact, you can create TikTok videos to sell any type of item, not just Shopify stores. If you want to sell handmade items on Etsy, make a video showing your DIY products (maybe even including your actual production techniques) and upload it to your TikTok channel.

One way to sell your own merchandise is to participate in affiliate marketing. You can recommend certain products to your fans and provide a link that takes them directly to your online store to purchase the product. Depending on the deal you make with the affiliate, you can earn a certain commission.

Finally, a few words:

Many Amazon sellers do not have this concept. In the future, Amazon's live streaming will definitely be fully open.

If you don’t make any preparations now or accumulate fans, then when the day comes for it to open, you may be late than others.

If Amazon's live broadcast is turned on, we can quickly import our Tiktok into our live broadcast room.

So take advantage of TIKTOK’s bonus period and occupy your own position.

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