I Found The Best Way to Make Money Online in 2024 (BRAND NEW)

Summary

This video script outlines a lucrative online money-making method through the TikTok shop affiliate program. It emphasizes the low competition and high earning potential for beginners, with examples of creators making tens of thousands of dollars in their first month. The speaker, an experienced online earner, reveals a step-by-step guide to success without needing an existing audience or brand. The strategy involves leveraging TikTok's algorithm to promote products from the TikTok shop, earning commissions on sales. The script also introduces a tool, coda.com, for analytics and insights to identify trending products and optimize content creation for maximum revenue.

Takeaways

• 🚀 A new online money-making method is gaining popularity, with many beginners reportedly earning tens of thousands of dollars in their first month.
• 🔥 The method's effectiveness is emphasized, with the speaker claiming it's more powerful than anything they've seen in their six years of online monetization.
• 📈 The competition is described as 'crazy low' due to the method's recent launch, suggesting a window of opportunity for early adopters.
• 💰 The script provides evidence of significant earnings, citing examples of individuals with minimal followers making substantial revenue.
• 📱 The method involves leveraging the TikTok platform, specifically through the TikTok shop feature, which allows for direct product sales through videos.
• 🔗 The TikTok shop is presented as a competitor to Amazon, indicating a growing e-commerce landscape on the social media platform.
• 📊 The script introduces a tool called coda.com for TikTok shop analytics, which can provide insights into trending products and successful content strategies.
• 🎥 Content creation for the TikTok shop is simplified, with the speaker advising against complex production and emphasizing the effectiveness of straightforward videos.
• 💼 The potential for collaboration with brands and businesses is highlighted, suggesting a network effect where creators can earn by promoting others' products.
• 🌐 The script suggests a strategy of cross-platform promotion, recommending the use of the Amazon influencer program to double revenue streams.

Q & A

What is the main topic of the video script?

The main topic of the video script is about a new method of making money online through the TikTok shop affiliate program, which allows creators to earn commissions by promoting products on TikTok.

How much money have some beginners reportedly made in their first month using this method?

Some beginners have reportedly made tens of thousands of dollars in their first month using this method, with specific examples given such as one person making over $270,000 in revenue since starting at the end of March.

What is the significance of the low competition in this new method?

The low competition signifies that there are fewer people utilizing this method, which can lead to higher profits for early adopters before the market becomes saturated.

What is the role of the TikTok shop in this online money-making method?

The TikTok shop is a platform where creators can link their content to products, allowing viewers to purchase directly through the video, and creators earn a commission on sales.

How does the TikTok algorithm benefit creators in this method?

The TikTok algorithm pushes videos to audiences most likely to be interested in the products, which can lead to more sales and higher revenue for creators.

What is the recommended way to get started with the TikTok shop affiliate program according to the script?

The recommended way to get started is by signing up to be a TikTok shop owner, which gives access to the affiliate program, and then creating content promoting products without needing to deal with shipping or customer service.

What is the significance of the coda.com tool mentioned in the script?

Coda.com is a tool for TikTok shop analytics and insights that allows creators to find high-performing products and get ideas for content creation, which can help in choosing trending products to promote.

How can creators ensure they are promoting trending products on TikTok?

Creators can ensure they are promoting trending products by using tools like coda.com to analyze product performance and trends, and by observing which products have steady growth and high revenue.

What are some strategies for creating content that will promote products effectively on TikTok?

Effective content creation strategies include using a hook that addresses a problem, showcasing the product as a solution, and demonstrating its use and benefits, all while ensuring the content is original and not a direct copy of others' work.

How can creators maximize their revenue through multiple platforms as suggested in the script?

Creators can maximize their revenue by replicating their successful TikTok content on other platforms like the Amazon Influencer program, thus earning commissions from multiple sources.