4 Ways to Make Money with TikTok
Addison RE, an American TikTok celebrity in her early 20s, currently has nearly 80 million followers. She has undertaken industry cooperation projects with manufacturers including sports goods company Reebok. 500 million Taiwan dollars), the highest ranked TikToker on the Forbes Global Rich List .
In TikTok's official creator market (TCM, TikTok Creator Marketplace) , a group of Taiwan's most popular Internet celebrities (such as Yun ☁️ with more than 2 million fans) have gathered , and they are using this industry matching platform to Increase your chances of making money online.
Introduction to TikTok
According to statistics , TikTok's total global downloads last year (2020) ranked first among all apps, reaching 850 million times.
This short video (mainly 15 seconds) social sharing platform, because it provides a simple and interesting creative space, has attracted a large group of young generation Z (under 30 years old) in a short period of time.
TikTok is an app developed by the Chinese company ByteDance. Since its launch in 2016, it has become very popular. At present, there are nearly 1 billion monthly active users around the world . They come from more than 150 countries. He can say that After Instagram, the most watched popular social media.
The difference between TikTok and Douyin
TikTok, commonly known as the "Douyin International Edition", is not only the same company as China's Douyin, but also has similar app functions.
However, Douyin users can only see the content created in China, while TikTok has no geographical restrictions at all. You can watch all the public videos on the platform.
Therefore, most users in Taiwan and Hong Kong will choose TikTok, which is closely in line with the international community.
The Benefits of Prospective Influencers Using TikTok
The self-media channel on the Internet, whether it is blog, YouTube, FB or Instagram, as long as you have enough network traffic (voice), you will naturally become a KOL influencer, and you can start to make money online.
The benefits of operating TikTok are:
- Less competition, easy to build a fan base and become an influencer
- The length of the film is short and the production is relatively easy
- Short videos are easy to attract people to watch, invisibly increase the viewing rate and interaction opportunities. Become the basis for generating income
TikTok account types
Generally, TikTok accounts are divided into personal (Personal) and professional (Pro) accounts. Among them, professional accounts can be subdivided into creator (Creator) and business (Business) accounts.
The detailed instructions are as follows:
Personal Account This is the built-in account type for new users. The management interface is simple and suitable for people who just want to watch videos as a viewer.
As for the professional account, the advantage is that you can get detailed visitor analysis data, such as geographic location, interaction rate and traffic source, etc. This account is further divided into:
Creator account is suitable for creators who like to share videos on the platform. After accumulating enough fans, they will have the opportunity to apply to join the official creator market, which will increase the chance of earning money.
In addition, TikTok also provides a creator fund (Creator Fund) , but it is currently only applicable to online celebrity applications in a few countries such as Europe and the United States.
Enterprise Account Literally, it seems to be used by companies and organizations, but for individuals who open online stores or do affiliate marketing, this account provides an additional "website" field, which has become a very important marketing and profit external link channel.
In addition, the enterprise account also provides the function of tracking pixel. It can record the browsing behavior of visitors and become an important basis for future advertising.
The above three accounts are easy to switch between each other, so you may wish to make adjustments in a timely manner according to your actual needs.
4 Ways to Make Money with TikTok
As a popular short video sharing platform and has a large group of young users, using TikTok to make money has gradually become an obvious learning.
Now let’s introduce 4 ways to make money on TikTok :
1. Dounei Sponsorship in Live
This is the most common way to make money officially provided by TikTok. Channel owners take advantage of the live broadcast opportunity to accept gifts (Gifts) from fans, and then convert them into cash and withdraw them through PayPal.
The detailed process is as follows:
- Fans pay first to buy official virtual coins (Coins)
- Fans use Coins to buy gifts of different values for the live broadcaster during the live broadcast
- These Gifts will be converted into diamonds (Diamonds) with the equivalent value of Coins and stored in the channel owner's account. That is to say, 1 Coin = 1 Diamond.
- When Diamonds (which can be thought of as the original Coins) are converted into U.S. dollars, TikTok will discount them in half, that is, Coins originally bought for $10, when converted into Diamonds, can only be redeemed to $5.
- As for the standard of withdrawal, it is necessary to wait until the account exceeds $100 before withdrawing to PayPal.
However, to use this TikTok earning channel, you must first have more than 1,000 followers before you can turn on the live broadcast function.
2. Affiliate Marketing
This is a money-making model that sells other people's products and earns commissions from them. The common method is to join an affiliate marketing platform (Affiliate Marketing Network) first, and then choose a suitable promotion plan to market in the TikTok channel. For example, teach people to make productions in videos Woodworking furniture. Then recommend the woodworking teaching courses on ClickBank . Related Topic
If you want to operate the Chinese market, you can also apply to participate in some Chinese affiliate marketing platforms (such as Affiliate.com), and then according to your TikTok fans' preferences, you can promote suitable products to earn bonuses.
3. Sell your own goods or services
Self-developed products, whether physical or digital, can be used to promote profits through TikTok. The places worth using are:
- Sell your own digital products such as online courses or eBooks
- Sell POD (Print On Demand) on-demand printing products Design a series of art patterns, and use POD to sell creative products such as T-shirts and mugs.
- Provide TikTok-related services such as promoting (shoutout) other people's TikTok channels, being a editor or helping others make videos, etc. You can find many similar money-making inspirations on the outsourcing platform Fiverr .
- The extension of the online store The link to the online store is implanted in the introduction column of TikTok, which diverts the audience to the official shopping website and drives the performance. In addition, TikTok also cooperates with Shopify , the world's largest store opening platform , and will gradually introduce the shopping cart into the shopping cart. e-commerce features.
4. Job matching
For KOL influencers with a lot of fans, factory business matching is often the biggest source of online income. While operating TikTok, in addition to pursuing the growth of the number of fans, the interaction rate with fans ( ER, Engagement Rate) It is also directly related to the market for career matching invitations.
In addition, you can also use the official TikTok Creator Marketplace (TikTok Creator Marketplace) provided by TikTok to get the opportunity to make money with karma.
Through the creator market, manufacturers can find suitable business partners according to the query conditions such as the theme of the video, the number of people reached, and the average playback volume. And through the platform channel, the creators can be actively contacted to ask for their willingness to cooperate.
At present, creators must meet the following conditions to join this market:
- More than 100,000 followers
- In the last 28 days, at least 5 videos have been posted with more than 50,000 likes
- Must be over 18 years old
As for how to calculate the income of industry distribution, in addition to the number of fans and the interaction rate, factors such as the country and region of the audience and the niche market (Niche Market) to which the film belongs will directly affect the amount of profit. Generally, a more general conservative estimate Yes:
1000 TikTok fans can get about NT$100 in industry bonus. Of course, there are also many Internet celebrities with higher market prices.
How to Increase Your TikTok Revenue
TikTok's videos are short and relatively easy to make. As for how to increase profits, you can go in the following directions:
1. Switch to a professional account According to your preference, switch your original personal account to a career-oriented creator account, or a marketing-oriented business account.
2. Share the created video on other social media such as YouTube, FB, Instagram to increase exposure opportunities.
3. Make good use of the external links provided by the personal introduction field as a channel for diversion and realization.
4. In the introduction column, clearly communicate the acceptance of the manufacturer's job offer.
5. Put an appropriate hashtag #hashtag for each video. A proper hashtag can make it easy for visitors to find your work.
6. It is best to upload videos every day to maintain the popularity of interacting with fans
7. Cooperate with other TikTokers, promote each other in each other's channels, and take the opportunity to expand the popularity and reach
8. Join the Internet celebrity cooperation and invitation platform to increase the opportunity for industry matching. For example , Internet celebrity hunter , SOOCKER .
No comments:
Post a Comment