I Found The Best Way to Make Money Online in 2024 (BRAND NEW)
Summary
TLDRThe video script introduces a groundbreaking online money-making method through TikTok Shops, which has been gaining significant traction. The presenter, an experienced online entrepreneur, highlights the potential for substantial earnings with low competition, as evidenced by new creators making thousands of dollars in their first month. The method involves leveraging the TikTok Shop Affiliate or Creator program to create simple videos about products, earning commissions on sales without the need for inventory or shipping. The script offers a step-by-step guide on how to get started, find profitable products, create effective videos, and even double earnings by also utilizing the Amazon Influencer program. It emphasizes the importance of early adoption for maximizing profits and promises further tutorials to optimize this opportunity.
Takeaways
- ๐ฒ A new online money-making method is introduced that the speaker believes is highly lucrative and has low competition.
- ๐ The method involves leveraging TikTok's growing influence, particularly its new feature, TikTok Shops, which aims to compete with Amazon.
- ๐ฅ Beginners with no audience can reportedly make over $10,000 in their first month using this method, as showcased by various success stories.
- ๐๏ธ TikTok Shops allows users to create a shop associated with their TikTok account to sell products, with two main approaches being dropshipping and brand partnerships.
- ๐ฑ The method described does not require creating a TikTok Shop, handling products, or dealing with logistics; it focuses on the TikTok Shop affiliate or creator program.
- ๐ The affiliate program offers commissions ranging from 5% to 20% of total sale value for promoting products through videos.
- ๐ The importance of creating simple, non-Hollywood level videos that can go viral and generate significant revenue is emphasized.
- ๐ The use of a tool called 'cow data' is recommended for researching product trends and selecting items with potential for high sales.
- ๐ The script provides a step-by-step guide on how to get started with the TikTok Shop Creator program, even without an existing following.
- ๐ The strategy involves identifying trending products, creating videos around them, and optimizing the TikTok account for better visibility and sales.
- ๐ฐ An additional tip is given on doubling earnings by also leveraging the Amazon Influencer program alongside TikTok Shop Creator.
Q & A
What is the new online method for making money discussed in the video?
-The new method discussed in the video is utilizing TikTok Shops and the TikTok Shop Affiliate or Creator program to earn commissions by creating and posting videos about products that can be purchased directly through TikTok.
How much revenue have some new creators made in their first month using this method?
-Some new creators with no audience have reportedly made more than $10,000 in their very first month using this method.
What is the significance of TikTok's market share growth mentioned in the video?
-TikTok's market share growth is significant because it is encroaching on Google's search engine market share, particularly among younger users, and is also launching a competitor to Amazon with TikTok Shops.
What are the two primary ways people are using TikTok Shops as mentioned in the video?
-The two primary ways people are using TikTok Shops are through dropshipping, sourcing directly from places like China, and by big brands creating their own TikTok Shops.
How does the TikTok Shop Affiliate or Creator program work?
-The TikTok Shop Affiliate or Creator program works by allowing creators to make simple videos about products. If a viewer watches the video and purchases the product directly from the video, the creator earns a commission, typically between 5% to 20% of the total sale value.
What is the role of 'cow data' in this new method?
-Cow data is a product that helps users analyze and find which products are making a lot of money on TikTok Shops. It provides data on sales, revenue, and trends, helping creators decide which products to make videos about.
How does the video creator suggest one can get started with this method even without a following?
-The video creator suggests that even without a following, one can get started by signing up to be a TikTok shop owner, which automatically gives access to the affiliate program, and then creating content to post on TikTok.
What is the importance of having a TikTok account for this method?
-Having a TikTok account is important because it is the platform where the content is posted, and it is through these videos that viewers can click and purchase products, leading to potential commissions for the creator.
What does the video suggest as a strategy for finding products to make videos about?
-The video suggests using 'cow data' to find products that are currently selling well or showing steady growth, and then making videos about those products to capitalize on their popularity.
How can creators obtain products to make videos about without incurring costs?
-Creators can obtain products without costs by requesting free samples from sellers, using products they already own, purchasing products with the expectation of recouping costs through sales, or using similar products from different brands.
What is the hack mentioned at the end of the video to potentially double the earnings?
-The hack mentioned is to also upload the videos to Amazon's influencer program, which is similar to TikTok's affiliate program, thereby doubling the chances of earning commissions from the same content.
Outlines
๐ Unveiling a New High-Earning Online Method ๐
The speaker introduces an innovative online money-making method, emphasizing its potential due to low competition and high earnings. They share success stories of complete beginners making over $10,000 in their first month. The method involves leveraging TikTok's new feature, TikTok Shops, which allows direct product purchases from videos. The speaker highlights the importance of early adoption for maximized profits and teases a tutorial on getting started and optimizing earnings.
๐ TikTok Shop Affiliate Program: How to Get Started ๐
This paragraph delves into the specifics of the TikTok Shop affiliate program, contrasting it with the need for a TikTok account or a large following. The speaker guides on how to sign up for the program, even without a substantial TikTok following, and introduces 'cow data' as a tool for finding lucrative products. They discuss various strategies for obtaining products to make videos about, including receiving free samples from sellers and using similar items for demonstration.
๐ Maximizing Earnings with TikTok Shop Affiliates ๐
The speaker outlines strategies for maximizing earnings through the TikTok Shop affiliate program. They discuss the importance of creating content that resonates with the algorithm and suggests using cow data to analyze successful videos. The paragraph includes tips on optimizing one's TikTok profile by removing underperforming videos to attract seller collaborations. Additionally, the speaker hints at a hack for doubling earnings by leveraging both TikTok and Amazon influencer programs.
Mindmap
Keywords
๐กOnline Money Making
๐กTotal Beginners
๐กCompetition
๐กRevenue
๐กProfit
๐กTikTok
๐กTikTok Shops
๐กAffiliate Program
๐กContent Creation
๐กCommissions
๐กProduct Marketplace
๐กCow Data
๐กAmazon Influencer Program
Highlights
A new online money-making method is introduced that the speaker claims is highly lucrative and has low competition.
Individuals with no audience are reportedly making over $10,000 in their first month using this method.
The method involves leveraging TikTok's growing influence as a search platform, especially among Millennials.
TikTok is challenging Amazon's market share with TikTok Shops, allowing direct product purchases from videos.
The method does not require creating a TikTok shop, handling products, or dealing with logistics.
The TikTok Shop Affiliate or Creator program is highlighted as an alternative to managing a TikTok shop.
Videos about products can lead to significant earnings through the affiliate program, with commissions ranging from 5% to 20%.
The success of these videos does not depend on the creator's following but on TikTok's algorithm and the video's appeal.
A tool called Cow Data is introduced to help find profitable products to create videos about.
Cow Data allows filtering products based on categories and revenue, helping creators identify trending items.
Creators can request free samples or negotiate with sellers to get products for video content.
Optimizing the TikTok account to show successful video content can increase the likelihood of sellers providing free products.
The video content does not need to be high production value; simple and authentic videos can be effective.
Deleting low-performing videos and focusing on high-performing ones can improve the account's attractiveness to sellers.
The method involves a rinse and repeat strategy, with continuous optimization and content creation over time.
The Amazon Influencer program is suggested as an additional platform to upload videos for increased revenue opportunities.
Transcripts
so this new method for making money
online that I'm about to show you I
honestly do not think that I could hype
this up enough I've been making money
online for probably almost a decade now
and I've only seen one thing like this
ever so I just discovered this and I'm
seeing real people that are brand new
Total beginners no audience and they're
making more than $10,000 in their very
first month trying this and because it's
only been around for a few months now
the competition is just so crazy low
look at the results that people are
getting so check out this person right
here you can see right here they started
March 1st okay they started that's 2
weeks ago from the time that I'm filming
they've got less than 4,000 followers
and
$697,000 in Revenue in 2 weeks is what
they've done this person right here they
started 4 weeks ago they've got 5,000
followers and they've already done
$600,000 in Revenue now that's Revenue
so we're talking 50 60 $70,000 in profit
but that's still just absolutely crazy
numbers and if a couple thousand
followers feels like too much you can
see right here 87 followers started
about 2 or 3 months ago and already done
$60,000 in Revenue which is probably
about $10,000 in profits and over and
over and over again as I've been looking
into this and researching it I'm seeing
all these brand new creators you can see
here almost no following no experience
no audience and they're bringing in Wild
amounts of money doing what we're going
to talk about and show you here now
needless to say I've booked out like the
next 30 days of my calendar so that I
can focus on this and like really put
some time into this but I wanted to put
out a video before I even started
because the thing about these kinds of
opportunities usually the people that
start very early they make insane like
ridiculous amounts of money in the
beginning while there's not very many
people doing it and then the opportunity
is still there but that same level of
just insanity is typically not available
anymore and so I'm trying to get out a
video right now as I'm doing it people
can start join me we can all profit off
of this together so let's start with
what it is and then we'll go into a
tutorial about how you can get started
uh literally within 24 hours doing this
exact same thing and we'll end with a
little bit of advice on how to really
double or triple up on your commissions
so you might remember that I put out a
video last year and I talked about how
Tik Tok was starting to eat up Google's
market share right they're trying to
become a search engine and it's working
specifically among younger people
Millennials they're using Tik Tok now
more than they're using Google to search
for things and find answers to their
questions and that was just last year
when it over took Google and also last
year it launched a competitor to Amazon
so Tik tok's trying to now eat into
Amazon's market share and it's doing
that with something called Tik Tock
shops so what Tik Tok shops is is you
don't even have to have a Tik Tok
account though most people do but you
create this account and you can create a
little shop and typically It's
associated with your Tik Tok account
just like this right here people can go
to your Tik Tok account they can click
shop and they can see products that
you're selling now there's two ways
people are doing this a lot of people
are doing this with Drop Shipping right
if we're all familiar with Drop Shipping
they're kind of sourcing directly from
China but big brands are starting to
join on as well and these big brands are
creating these Tik Tok shops now for the
method I'm showing you you don't need to
create a Tik Tok shop you don't need
products you don't need to drop ship
nothing like that we're going to do
something slightly different but you
need to understand how this works so
what's really potentially lucrative
about these Tik Tok shops tops is you
can create videos and people that watch
those videos on Tik Tok can buy directly
from the video they click a button they
click buy it uses Apple pay or they can
save a credit card in there and they're
getting the product this makes a very
seamless way to make a lot of money off
of a video that goes viral and I can
tell you right now I've had so many
videos go viral that didn't have a very
you know set monetization plan and I
made almost nothing while getting
millions of views now like I said we are
not creating a Tik Tok shop here we do
not want to deal with customer service
we don't want to shipping warehousing
Drop Shipping all that fun stuff and so
what we're doing instead is What's
called the Tik Tok shop affiliate or the
Tik Tok shop Creator program so all
we're doing here is we're making very
simple videos about these products and
if you remember I talked about the
Amazon influencer program last year it's
very similar to that so after we make
the video Tik Tok goes out and it tries
to find people that will probably buy
from watching that video now this is
beneficial for Tik Tok they're going to
take a cut of it and it's going to be
beneficial for us because we are the
affiliate or the refer here you will
take a percentage we're talking anywhere
from 5 to 20% of the total sale value
and I'm not talking about Hollywood
level productions here there is nothing
special about these videos let's have a
quick peek before you say I can't make
videos at some of the videos that have
done well over $10,000 for some pretty
new creators I just picked up this solar
power bank on Tik Tok shop and this
thing's pretty
[Music]
cool do not buy these if you're not
ready to experience a different level of
sound let me explain like I said you
don't need to be Brad Pit or Sandra
bolock to be making these videos
successfully and if I'm being honest
I've seen people doing this with AI and
make plenty of money completely
eliminating themselves from the videos
we have 300 hamburgers many many french
fries now I do want to make one thing
really really clear and that's that Tik
Tok is not selling these products to
your audience you do not have to have a
following for this to work Tik Tok is
going out and they're finding the ideal
person who would watch that video and
buy the product it has nothing to do
with you having a 100,000 followers or a
million followers and it has everything
to do with that specific video and Tik
tok's ability to show it out there so
for the rest of this video we're going
to do one go over the process of how to
get signed up even if you don't have any
followers at all or even if you don't
have a Tik Tok account two we're going
to move on we're going to show you how
to find the products that are making a
lot of money three we're going to show
you how to make these very simple videos
how to find the right video idea that's
going to blow up your product video and
then four I'm going to show you a little
hack right at the very end on how to
double up on your money I don't think
many people are doing this and you can
pretty much double your money with very
little effort so first off if you do
have a Tik Tok account with 5,000
followers it's super easy you click on
that top right corner you click Creator
tools and you're going to be able to uh
see it directly inside these
monetization op options right here okay
Tik Tok shop for Creator now I'm going
to assume you don't have 5,000 followers
most people that watch my videos don't
have 5,000 Tik Tok followers no problem
all you're going to do is you're going
to go to Google and you're going to type
in Tik to shops and it's going to pull
up a Tik Tok shop just like this one
right here that link right there now
you're just going to go through through
the sign up process and what you're
doing is you're actually signing up to
be a Tik Tok shop owner but being a Tik
Tok shop owner automatically gives you
access to the affiliate program and at
the very end it's going to ask you if
you'd like to link your Tik Tok account
so you're going to need to set up a Tik
Tok account yes you do have to have a
Tik Tok account for this to work because
we're putting content on Tik Tok now
I've seen people say that there's issues
and complications that have come from
that so I will release a full video so
go ahead and click subscribe that'll
come out in a few weeks the point of
this video is to kind of move past that
and assume you don't have any glitches
now once you're signed up you're going
to start looking for products right and
here's the fun thing as soon as you sign
up you're probably going to start
getting hit up I think a lot of these
sellers already have connections or
something like that so if you put any
content down on Tik Tok you'll probably
start to see messages like these I
signed up just a few days ago and I'm
already getting messages from all these
sellers saying hey can I give you free
products for you to make videos about
that's one way to get started like it's
an awesome way to get started they're
going to give it to you for free you can
make the video there's absolutely no
startup cost whatsoever for you to do
that now all that being said there's a
much more intelligent way to go about
this to really make money which is our
goal here right so there's actually a
product that just came out and it's
called cow data okay we'll leave a link
down below to sign up for C data you can
use this totally for free um up to a
certain limit and then you have to be
paid so as you kind of grow and build
into this you can upgrade to the paid
plan but you can totally do what I'm
doing here or most of it for completely
free now we're going to go really simple
in the beginning and show you how C data
works very very easy to use you're going
to start just in categories right here
okay and you can pick specific
categories if you really want to make
content and you feel like you'd be good
at making content you know when women's
wear something maybe you you're big into
makeup or F fashion or something like
that and you feel like that's a good
route for you for me I'm kind of open to
anything excluding the women's wear and
fashion and so I actually just don't
pick a category and you're going to see
right here it's going to start sorting
data for you and it's essentially saying
this category has a revenue of $17
million that's the biggest category is
Beauty and personal care so for me I'm
going to start with phones and
electronics I'm pretty comfortable with
that industry and I know I have a lot of
that stuff around I'm happy to buy stuff
in that category too we're going to
scroll down right here and this is
what's selling right now in the phones
and electronics okay this looks like
it's a handheld game looks like a Game
Boy maybe I'm wrong but looks like a
Game Boy this wise camera we have a wise
camera okay digital camera digital
camera looks like a charger for watches
um some Lenovo headphones and what I'm
looking for are a couple different
things these are charts okay and it's
got the last 7 Days right there I'm
going to click on the last 30 days and
what I'm going to do is look at those
charts and I'm looking for a product
that's got steady growth meaning it
looks like it's going up and up and up
like it's kind of gaining traction right
this product's a good example this
product's a good example they're steady
in their growth which is good or I'm
looking for a product that's just now
popping off meaning it's kind of steady
or low for a while and then right now at
this moment it's starting to have a pop
off moment right so the opposite of this
one where it was popping off and now
it's dying this one would be except it
looks like it's just now starting to die
there's one right there looks like it's
got growth and a pop off right now right
so I'm looking for stuff like that now
I'm going to click into this wise cam
cuz we actually have one of those uh you
don't have to own the product but it's
easy if you do own it already right I
could go make the video right now and
you can see right here it tells you how
much it sells for for how many items
have sold in Tik Tok shops the average
price things like that the one thing it
doesn't tell you cuz it doesn't know is
the actual affiliate program so how much
commissions are getting paid now to do
that you can just hop on your phone into
Tik Tok and you can go over to the Tik
Tok shop for Creator now a little ways
near the bottom you're going to see the
go to product market place and in the
product Marketplace I can just type in y
and it will pull up right there and I
can see the Y shop right I can click
right on this camera and it says it
earns
$540 now it looks like it says it sells
for up to 104 so it probably just
depends on which camera they get or if
they get the pack of three or four
cameras right but for every single
camera it looks like it's
$5.40 now when it comes to getting these
products there's a kind of a myriad of
ways you can go about this one hopefully
you have some of these products already
around your house that you can just
start making the videos on two you might
not have the exact product but you might
have a competing product where they're
basically buying the exact same product
from China and just branding it to
themselves and so you could probably
make a video on the the Chinese branded
product cuz they look and work and act
the exact same three you could actually
just purchase the product to make the
video on it so for example if you don't
have one of these cameras you've been
wanting one this is a great chance to
get it and probably have it pay for
itself now the fourth way is kind of a
fun one you can see I can click directly
into the camera and it's going to pop up
this right here and I can request a free
sample from the seller or just contact
the seller and open a conversation like
hey I'll pay for it if I don't get any
sales or something like that now if
you've just signed up with zero
followers you've put zero videos on your
Tik Tok account and you head to a big
seller like wise and say Hey can I have
a free product your chances are pretty
small but as we get in more and more
into this and I'm going to show you a
little hack for really making your
account optimized to make these sellers
give away their products to you for free
but as you start to get content out
there and it's good content and these
sellers can go and look and say oh yeah
they actually do well you'll find that
they're a lot more open to giving you
free stuff so here's where cow data
becomes even more essential and like if
you're going to take this seriously I
would not do it without C data like I
said it's got a free plan so why not but
you can see here that's the product
right I can go down here and I can
actually click on video and now we get
to see the videos okay what are the
videos that are making all of this money
and I can see right here all these
different videos and I can click into it
that one made $28,000 $43,000 right it
tells you the view count the nice thing
is it'll even tell you right there like
you can see this one has an ad so you
want to exclude that data probably
because they're running ads to it and
you don't really know if that video
grabbed the algorithm and took off or if
they're just running ads to it now you
could make a video like that and run ads
to your video as well but I would
exclude that when you're looking in the
very beginning and just look for things
that aren't running ads now if we go
into to watch this video check this out
it's just someone walking through their
house pointing to their camera and
talking about it and that's how Tik Tok
is that's kind of the beauty of Tik Tok
is it's not Hollywood Productions it's
just people like showing hacks and
things that happen and things like that
you start with the problem hey are
people breaking into your house do you
not feel safe in your neighborhood check
out what we just bought to solve our
problem this is what it does that's the
video now this is very very very
important because I am not telling you
to go download their video and copy
everything that they do and call it your
own I'm telling you that Tik Tok and
cata are telling you what's working
right here if he's walking around his
house pointing at different places he's
put the product and talking about it you
can make make a video just like that
just use your own voice and your own
spin so you're going to make these
videos and you can make a bunch of
videos you can make 10 videos about one
product and see if one of them takes off
right so I can look at the top 10 videos
and make a video similar to each one of
these and see which one pops off I can
buy one product and I can just keep
going until I manage to get that pop off
video and the beauty of this is It's all
about momentum right so if I can get
just a few products to start popping off
and taking off here in my Tik Tok shop
right now what I go do is I go look at
my profile okay so head to your Tik Tok
profile and you start deleting the
videos that aren't working okay the
videos that got zero views or 100 views
right you delete those videos and get
rid of them you got this profile with
just good videos right your best videos
that perform the best and now as you go
out there and you start to find other
products that are popping off right now
you can go to the seller and you can
click can I you know have a free sample
and the seller looks and says yes this
guy makes good videos that pop off now
the second way you can do this if you
want to skip categories and all that fun
stuff all together I can just click on
product in the top right and I can
remove all categories over here and now
it's just going to say these are the
products that are popping right now this
is what's happening on Tik Tok right and
I can start scrolling through oh I've
got that oh I've got something similar I
want to buy that right and I can just
scroll through here and find the
products that are just bumping right now
make a purchase and make my own video
about it now I told you how to I was
going to tell you how to double up on
your money and I am we're going to leave
a link to a video right here and we'll
also leave a link down below to that
same video and that's how to get started
with the Amazon influencer program which
is a very similar thing but doing on
Amazon and you can literally take your
videos and upload them to both
simultaneously and it's just a few more
clicks to upload to Amazon and upload to
this and you're doubling your chances
I'm seeing lots of these creators that
are just uploading videos both
directions now this entire method is a
rinse and repeat method rinse and repeat
and do this for 6 months and I do not
see how you do not start to see big wins
now the next few videos on this channel
are going to focus on this and so if you
want to learn hacks for making a lot
more money and maybe not doing any more
work to do so go ahead and click
subscribe and you'll get hit with all
those videos as well
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