Only four months have passed in 2020. According to Sensor Tower data, TikTok’s global downloads have exceeded 2 billion!
TikTok’s influence abroad is so great that it has even begun to shake the status of the three social media giants Facebook, Instagram and Youtube.
Let’s look at two sets of data:
1. In the first quarter of 2020, TikTok created the highest download volume in a single quarter in history, with a cumulative download of 315 million times on the AppStore and Google Play. Among them, India, China and the United States are the most downloaded countries.
2. According to data from eMarketer, in March this year, US TikTok users spent an average of 858 minutes (14 hours and 18 minutes) on TikTok.
These data show that the time users spend on TikTok is increasing.
We know that where there is traffic, there is business.
Next, let’s talk about how to monetize TIKTOK:
1. Recommended
Now, as long as you post something a little more novel on TikTok, a bunch of people will come and ask where to buy it.
Like this lady below:
Her wig cap display video has received 290w likes and more than 8k comments, and there is a high demand for buying in the comments.
2. The premise of Tiktok’s monetization is that there are enough followers, so how do novice followers increase?
First of all, you need to raise an account: follow a few target users, comment, like, and reply, and then publish your works after 3-7 days.
The second is positioning: determine your own content direction, and then analyze the characteristics of the videos and popular videos of the top accounts in the field, and get inspiration to shoot.
The last is operation: You can interact with users through title settings, participate in popular topics, and steadily push content and time, so that followers can develop the habit of watching regularly.
3. Open the live
Requirements: At least 1,000 followers are required to start live streaming
Followers can gift you coins while streaming. Once you have accumulated enough money to cash out, the coins can be exchanged for real cash.
4. Amazon Affiliate Alliance and TikTok combine:
What is the most mature monetization method in China? Internet celebrities, celebrities, reviewers, and marketing accounts earn commissions by sharing product links, etc. There are more Taobao Alliance, Jingdong Alliance, Dangdang Alliance, and Followerke Alliance. However, Amazon also has this kind of marketing model of share and commission.
Tiktok will also be like the Chinese Douyin, and the account will become an influencer. A shopping cart will appear, and the shopping cart can go directly to Amazon, AliExpress, and independent stations.
5. Sales of goods
If you have a sufficient follower base on TikTok, you might consider setting up Shopify to sell your products
In fact, TikTok videos can be created to sell any type of item, not just Shopify stores. If you want to sell crafts on Etsy, make videos showing your DIY products (maybe even your actual production techniques) and upload them to your TikTok channel.
One way to sell your own merchandise is to participate in affiliate marketing. Followers can be recommended certain products and provide a link that takes them directly to the online store to purchase the product. Depending on the transaction concluded with the affiliated company, a certain commission can be obtained.
A final word:
Many Amazon sellers do not have this concept. In the future, Amazon’s live will definitely be fully open.
If you don’t have any preparations now, or accumulate followers, then you may be later than others when you really wait for the opening day.
If Amazon’s live is turned on, we can quickly import our Tiktok into our live room.
So take advantage of TIKTOK’s bonus period.