The Best Way to Make Money Online in 2024

Andrew Cartwright
16 Sept 202412:30

Summary

TLDRDiscover a lucrative online money-making method through TikTok's affiliate program. With low competition and high potential earnings, even beginners can make thousands in their first month. Learn how to leverage TikTok Shop's platform to sell products without inventory, earn commissions, and optimize your content for virality. Use Fast Moss for analytics to boost your sales and consider expanding to Amazon's influencer program for additional revenue.

Takeaways

  • πŸ’‘ Discovered a new online money-making method that is highly promising.
  • 🌟 Beginners with no audience can make significant income, with some making $10,000 in their first month.
  • πŸ“ˆ The method is still new, resulting in low competition for early adopters.
  • πŸš€ Early adopters often make the most money, as seen with Airbnb and Uber in their early days.
  • πŸ’Ό Andrew Cartright, the speaker, has a successful entrepreneurial background, having founded 32 companies and bought 17.
  • πŸ’° Offers a link for those with a 680 credit score to potentially buy into 99 companies through Epic 99.
  • 🏦 Provides financing options for real estate and business loans, including funding up to 90% for fix and flips.
  • πŸ“ˆ TikTok is gaining market share from Google, especially among younger users who use it as a search engine.
  • πŸ› TikTok Shop is a new platform that combines the best of YouTube and Amazon, allowing users to sell products and engage with audiences.
  • πŸ“± The TikTok Shop affiliate program allows creators to earn commissions by showcasing products in their videos without needing their own inventory.
  • πŸ“Š Fast Moss is recommended for TikTok data analytics to help creators make informed decisions about products and content strategies.

Q & A

  • What is the new method for making money online mentioned in the script?

    -The new method for making money online mentioned is leveraging the TikTok Shop affiliate program, also known as the TikTok Shop creative program, where one can create videos showcasing products and earn a commission from sales.

  • How much money can total beginners make with this method according to the script?

    -According to the script, total beginners with no audience can make $10,000 in their first month using this method.

  • What is the competition like for this new method?

    -The competition is described as being really low since the method is still fairly new.

  • What is the potential income for those who are successful with the TikTok Shop affiliate program?

    -The script mentions that some people are making over a million dollars a month, although it's not guaranteed.

  • Who is Andrew Cartright and what is his background?

    -Andrew Cartright is presented as an online personality with over a decade of experience. He has been from being broke and homeless to becoming a multi-millionaire, decamillionaire, and beyond. He has founded 32 companies and 17 industries, bought 17 companies, and had five exits.

  • What is Epic 99 and how is it related to the script?

    -Epic 99 is a program mentioned by Andrew Cartright where they are buying 99 companies and partnering with people to go into business together. It's related to the script as it's one of the ventures Andrew is involved in, alongside the TikTok Shop affiliate program.

  • What is the role of Fast Moss in the TikTok Shop affiliate program?

    -Fast Moss is a data analytics tool trusted by over 700,000 people worldwide. It provides strong analytics to help TikTok shop owners do well, save time, and avoid headaches. It's used to find the best products to promote and to analyze the performance of one's TikTok shop.

  • How does one get started with the TikTok Shop affiliate program?

    -To get started, one can sign up directly via Creator tools in the TikTok account if they have 5,000 followers, or search for TikTok Shop on Google for those with fewer followers. This also enrolls them in the affiliate program.

  • What are the steps to create content for the TikTok Shop affiliate program?

    -The steps include finding a product, creating simple videos demonstrating it, optimizing the content by deleting videos that don't perform well, and repeating the process.

  • How can one double their earnings with the content they create for TikTok Shop?

    -One can double their earnings by taking the same videos created for TikTok and uploading them to Amazon's influencer program, effectively doubling their potential revenue with minimal extra effort.

  • What kind of content is suggested for the TikTok Shop affiliate program?

    -The script suggests that content should be authentic and wacky, as TikTok thrives on this type of content. It can be a simple video showcasing the product, and it's advised to add a unique twist to it.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
TikTok ShopAffiliate MarketingOnline EarningsContent CreationE-commerceSocial MediaInfluencer TipsDigital TrendsMonetizationProduct Promotion