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

Buildapreneur
10 Apr 202413:54

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

  • ๐Ÿ˜ฒ A new online money-making method is introduced that the speaker believes is highly lucrative and has low competition.
  • ๐Ÿ“ˆ The method involves leveraging TikTok's growing influence, particularly its new feature, TikTok Shops, which aims to compete with Amazon.
  • ๐ŸŽฅ Beginners with no audience can reportedly make over $10,000 in their first month using this method, as showcased by various success stories.
  • ๐Ÿ›๏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.
  • ๐Ÿ“ฑ 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.
  • ๐Ÿ“ˆ The affiliate program offers commissions ranging from 5% to 20% of total sale value for promoting products through videos.
  • ๐Ÿš€ The importance of creating simple, non-Hollywood level videos that can go viral and generate significant revenue is emphasized.
  • ๐Ÿ” The use of a tool called 'cow data' is recommended for researching product trends and selecting items with potential for high sales.
  • ๐Ÿ“ˆ The script provides a step-by-step guide on how to get started with the TikTok Shop Creator program, even without an existing following.
  • ๐Ÿ“Š The strategy involves identifying trending products, creating videos around them, and optimizing the TikTok account for better visibility and sales.
  • ๐Ÿ’ฐ 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

00:00

๐ŸŒŸ Unveiling a New High-Earning Online Method ๐ŸŒŸ

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.

05:00

๐Ÿš€ TikTok Shop Affiliate Program: How to Get Started ๐Ÿš€

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.

10:01

๐Ÿ“ˆ Maximizing Earnings with TikTok Shop Affiliates ๐Ÿ“ˆ

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

๐Ÿ’กOnline Money Making

Online money making refers to the process of earning income through the internet. In the video's context, it's about discovering new methods to generate revenue online. The script mentions that the speaker has been making money online for almost a decade and has found a new method that is highly lucrative, with examples of people making over $10,000 in their first month.

๐Ÿ’กTotal Beginners

Total beginners are individuals who are new to a particular field or activity and have no prior experience. The video emphasizes that this new online money-making method is accessible to total beginners, as it mentions that people with no audience are making significant revenue.

๐Ÿ’กCompetition

Competition refers to the rivalry among individuals or entities striving for the same objective. In the script, the term is used to describe the low level of competition in the new method being discussed, suggesting that it is a relatively untapped opportunity for those who start early.

๐Ÿ’กRevenue

Revenue is the total income generated from business activities before any expenses are deducted. The video uses revenue figures to demonstrate the success of individuals using the new method, with examples such as $697,000 in two weeks and $600,000 in four weeks.

๐Ÿ’กProfit

Profit is the amount of money left after all costs and expenses have been deducted from the total revenue. The script mentions profit in the context of the significant earnings that can be made after expenses, suggesting that creators can earn substantial income.

๐Ÿ’กTikTok

TikTok is a social media platform known for its short-form videos. The video discusses how TikTok is expanding its services to include e-commerce features, such as TikTok shops, which are integral to the money-making method being presented.

๐Ÿ’กTikTok Shops

TikTok Shops is a feature that allows users to create an online store and sell products directly through the platform. The script explains that TikTok is trying to compete with Amazon by offering a seamless way for users to purchase products after watching videos.

๐Ÿ’กAffiliate Program

An affiliate program is a type of performance-based marketing where businesses reward affiliates for each customer brought by the affiliate's marketing efforts. In the context of the video, the TikTok shop affiliate program allows creators to earn a percentage of sales without handling the products or customer service.

๐Ÿ’กContent Creation

Content creation refers to the process of making and editing digital content such as videos, blogs, and social media posts. The video emphasizes the importance of creating simple yet effective videos to promote products on TikTok and earn commissions.

๐Ÿ’กCommissions

Commissions are the fees paid to an agent or a broker for executing an order or completing a transaction. In the script, commissions are the earnings that creators receive from the TikTok shop affiliate program, ranging from 5 to 20% of the total sale value.

๐Ÿ’กProduct Marketplace

A product marketplace is a platform where various products are listed for sale. In the video, the TikTok product marketplace is mentioned as a place where creators can find products to promote and understand the potential earnings from each product.

๐Ÿ’กCow Data

Cow Data is a product mentioned in the script that helps users analyze and find profitable products to promote on TikTok. It is used to identify trending products and their sales performance, aiding creators in selecting products for their videos.

๐Ÿ’กAmazon Influencer Program

The Amazon Influencer Program allows influencers to create a unique store on Amazon and earn commissions on products they promote. The video suggests using a similar strategy to the TikTok method by uploading videos to both platforms to increase earnings.

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

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so this new method for making money

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online that I'm about to show you I

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honestly do not think that I could hype

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this up enough I've been making money

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online for probably almost a decade now

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and I've only seen one thing like this

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ever so I just discovered this and I'm

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seeing real people that are brand new

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Total beginners no audience and they're

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making more than $10,000 in their very

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first month trying this and because it's

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only been around for a few months now

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the competition is just so crazy low

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look at the results that people are

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getting so check out this person right

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here you can see right here they started

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March 1st okay they started that's 2

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weeks ago from the time that I'm filming

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they've got less than 4,000 followers

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and

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$697,000 in Revenue in 2 weeks is what

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they've done this person right here they

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started 4 weeks ago they've got 5,000

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followers and they've already done

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$600,000 in Revenue now that's Revenue

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so we're talking 50 60 $70,000 in profit

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but that's still just absolutely crazy

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numbers and if a couple thousand

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followers feels like too much you can

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see right here 87 followers started

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about 2 or 3 months ago and already done

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$60,000 in Revenue which is probably

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about $10,000 in profits and over and

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over and over again as I've been looking

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into this and researching it I'm seeing

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all these brand new creators you can see

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here almost no following no experience

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no audience and they're bringing in Wild

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amounts of money doing what we're going

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to talk about and show you here now

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needless to say I've booked out like the

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next 30 days of my calendar so that I

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can focus on this and like really put

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some time into this but I wanted to put

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out a video before I even started

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because the thing about these kinds of

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opportunities usually the people that

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start very early they make insane like

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ridiculous amounts of money in the

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beginning while there's not very many

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people doing it and then the opportunity

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is still there but that same level of

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just insanity is typically not available

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anymore and so I'm trying to get out a

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video right now as I'm doing it people

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can start join me we can all profit off

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of this together so let's start with

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what it is and then we'll go into a

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tutorial about how you can get started

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uh literally within 24 hours doing this

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exact same thing and we'll end with a

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little bit of advice on how to really

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double or triple up on your commissions

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so you might remember that I put out a

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video last year and I talked about how

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Tik Tok was starting to eat up Google's

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market share right they're trying to

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become a search engine and it's working

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specifically among younger people

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Millennials they're using Tik Tok now

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more than they're using Google to search

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for things and find answers to their

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questions and that was just last year

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when it over took Google and also last

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year it launched a competitor to Amazon

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so Tik tok's trying to now eat into

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Amazon's market share and it's doing

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that with something called Tik Tock

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shops so what Tik Tok shops is is you

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don't even have to have a Tik Tok

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account though most people do but you

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create this account and you can create a

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little shop and typically It's

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associated with your Tik Tok account

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just like this right here people can go

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to your Tik Tok account they can click

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shop and they can see products that

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you're selling now there's two ways

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people are doing this a lot of people

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are doing this with Drop Shipping right

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if we're all familiar with Drop Shipping

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they're kind of sourcing directly from

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China but big brands are starting to

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join on as well and these big brands are

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creating these Tik Tok shops now for the

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method I'm showing you you don't need to

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create a Tik Tok shop you don't need

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products you don't need to drop ship

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nothing like that we're going to do

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something slightly different but you

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need to understand how this works so

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what's really potentially lucrative

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about these Tik Tok shops tops is you

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can create videos and people that watch

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those videos on Tik Tok can buy directly

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from the video they click a button they

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click buy it uses Apple pay or they can

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save a credit card in there and they're

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getting the product this makes a very

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seamless way to make a lot of money off

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of a video that goes viral and I can

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tell you right now I've had so many

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videos go viral that didn't have a very

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you know set monetization plan and I

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made almost nothing while getting

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millions of views now like I said we are

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not creating a Tik Tok shop here we do

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not want to deal with customer service

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we don't want to shipping warehousing

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Drop Shipping all that fun stuff and so

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what we're doing instead is What's

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called the Tik Tok shop affiliate or the

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Tik Tok shop Creator program so all

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we're doing here is we're making very

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simple videos about these products and

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if you remember I talked about the

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Amazon influencer program last year it's

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very similar to that so after we make

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the video Tik Tok goes out and it tries

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to find people that will probably buy

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from watching that video now this is

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beneficial for Tik Tok they're going to

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take a cut of it and it's going to be

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beneficial for us because we are the

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affiliate or the refer here you will

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take a percentage we're talking anywhere

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from 5 to 20% of the total sale value

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and I'm not talking about Hollywood

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level productions here there is nothing

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special about these videos let's have a

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quick peek before you say I can't make

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videos at some of the videos that have

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done well over $10,000 for some pretty

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new creators I just picked up this solar

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power bank on Tik Tok shop and this

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thing's pretty

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[Music]

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cool do not buy these if you're not

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ready to experience a different level of

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sound let me explain like I said you

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don't need to be Brad Pit or Sandra

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bolock to be making these videos

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successfully and if I'm being honest

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I've seen people doing this with AI and

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make plenty of money completely

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eliminating themselves from the videos

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we have 300 hamburgers many many french

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fries now I do want to make one thing

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really really clear and that's that Tik

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Tok is not selling these products to

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your audience you do not have to have a

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following for this to work Tik Tok is

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going out and they're finding the ideal

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person who would watch that video and

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buy the product it has nothing to do

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with you having a 100,000 followers or a

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million followers and it has everything

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to do with that specific video and Tik

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tok's ability to show it out there so

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for the rest of this video we're going

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to do one go over the process of how to

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get signed up even if you don't have any

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followers at all or even if you don't

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have a Tik Tok account two we're going

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to move on we're going to show you how

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to find the products that are making a

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lot of money three we're going to show

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you how to make these very simple videos

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how to find the right video idea that's

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going to blow up your product video and

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then four I'm going to show you a little

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hack right at the very end on how to

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double up on your money I don't think

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many people are doing this and you can

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pretty much double your money with very

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little effort so first off if you do

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have a Tik Tok account with 5,000

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followers it's super easy you click on

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that top right corner you click Creator

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tools and you're going to be able to uh

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see it directly inside these

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monetization op options right here okay

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Tik Tok shop for Creator now I'm going

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to assume you don't have 5,000 followers

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most people that watch my videos don't

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have 5,000 Tik Tok followers no problem

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all you're going to do is you're going

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to go to Google and you're going to type

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in Tik to shops and it's going to pull

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up a Tik Tok shop just like this one

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right here that link right there now

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you're just going to go through through

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the sign up process and what you're

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doing is you're actually signing up to

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be a Tik Tok shop owner but being a Tik

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Tok shop owner automatically gives you

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access to the affiliate program and at

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the very end it's going to ask you if

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you'd like to link your Tik Tok account

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so you're going to need to set up a Tik

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Tok account yes you do have to have a

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Tik Tok account for this to work because

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we're putting content on Tik Tok now

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I've seen people say that there's issues

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and complications that have come from

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that so I will release a full video so

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go ahead and click subscribe that'll

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come out in a few weeks the point of

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this video is to kind of move past that

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and assume you don't have any glitches

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now once you're signed up you're going

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to start looking for products right and

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here's the fun thing as soon as you sign

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up you're probably going to start

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getting hit up I think a lot of these

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sellers already have connections or

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something like that so if you put any

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content down on Tik Tok you'll probably

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start to see messages like these I

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signed up just a few days ago and I'm

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already getting messages from all these

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sellers saying hey can I give you free

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products for you to make videos about

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that's one way to get started like it's

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an awesome way to get started they're

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going to give it to you for free you can

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make the video there's absolutely no

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startup cost whatsoever for you to do

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that now all that being said there's a

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much more intelligent way to go about

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this to really make money which is our

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goal here right so there's actually a

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product that just came out and it's

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called cow data okay we'll leave a link

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down below to sign up for C data you can

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use this totally for free um up to a

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certain limit and then you have to be

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paid so as you kind of grow and build

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into this you can upgrade to the paid

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plan but you can totally do what I'm

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doing here or most of it for completely

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free now we're going to go really simple

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in the beginning and show you how C data

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works very very easy to use you're going

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to start just in categories right here

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okay and you can pick specific

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categories if you really want to make

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content and you feel like you'd be good

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at making content you know when women's

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wear something maybe you you're big into

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makeup or F fashion or something like

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that and you feel like that's a good

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route for you for me I'm kind of open to

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anything excluding the women's wear and

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fashion and so I actually just don't

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pick a category and you're going to see

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right here it's going to start sorting

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data for you and it's essentially saying

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this category has a revenue of $17

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million that's the biggest category is

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Beauty and personal care so for me I'm

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going to start with phones and

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electronics I'm pretty comfortable with

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that industry and I know I have a lot of

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that stuff around I'm happy to buy stuff

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in that category too we're going to

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scroll down right here and this is

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what's selling right now in the phones

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and electronics okay this looks like

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it's a handheld game looks like a Game

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Boy maybe I'm wrong but looks like a

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Game Boy this wise camera we have a wise

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camera okay digital camera digital

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camera looks like a charger for watches

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um some Lenovo headphones and what I'm

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looking for are a couple different

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things these are charts okay and it's

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got the last 7 Days right there I'm

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going to click on the last 30 days and

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what I'm going to do is look at those

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charts and I'm looking for a product

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that's got steady growth meaning it

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looks like it's going up and up and up

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like it's kind of gaining traction right

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this product's a good example this

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product's a good example they're steady

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in their growth which is good or I'm

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looking for a product that's just now

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popping off meaning it's kind of steady

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or low for a while and then right now at

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this moment it's starting to have a pop

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off moment right so the opposite of this

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one where it was popping off and now

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it's dying this one would be except it

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looks like it's just now starting to die

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there's one right there looks like it's

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got growth and a pop off right now right

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so I'm looking for stuff like that now

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I'm going to click into this wise cam

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cuz we actually have one of those uh you

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don't have to own the product but it's

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easy if you do own it already right I

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could go make the video right now and

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you can see right here it tells you how

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much it sells for for how many items

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have sold in Tik Tok shops the average

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price things like that the one thing it

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doesn't tell you cuz it doesn't know is

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the actual affiliate program so how much

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commissions are getting paid now to do

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that you can just hop on your phone into

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Tik Tok and you can go over to the Tik

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Tok shop for Creator now a little ways

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near the bottom you're going to see the

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go to product market place and in the

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product Marketplace I can just type in y

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and it will pull up right there and I

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can see the Y shop right I can click

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right on this camera and it says it

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earns

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$540 now it looks like it says it sells

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for up to 104 so it probably just

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depends on which camera they get or if

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they get the pack of three or four

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cameras right but for every single

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camera it looks like it's

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$5.40 now when it comes to getting these

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products there's a kind of a myriad of

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ways you can go about this one hopefully

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you have some of these products already

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around your house that you can just

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start making the videos on two you might

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not have the exact product but you might

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have a competing product where they're

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basically buying the exact same product

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from China and just branding it to

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themselves and so you could probably

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make a video on the the Chinese branded

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product cuz they look and work and act

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the exact same three you could actually

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just purchase the product to make the

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video on it so for example if you don't

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have one of these cameras you've been

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wanting one this is a great chance to

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get it and probably have it pay for

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itself now the fourth way is kind of a

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fun one you can see I can click directly

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into the camera and it's going to pop up

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this right here and I can request a free

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sample from the seller or just contact

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the seller and open a conversation like

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hey I'll pay for it if I don't get any

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sales or something like that now if

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you've just signed up with zero

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followers you've put zero videos on your

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Tik Tok account and you head to a big

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seller like wise and say Hey can I have

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a free product your chances are pretty

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small but as we get in more and more

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into this and I'm going to show you a

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little hack for really making your

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account optimized to make these sellers

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give away their products to you for free

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but as you start to get content out

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there and it's good content and these

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sellers can go and look and say oh yeah

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they actually do well you'll find that

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they're a lot more open to giving you

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free stuff so here's where cow data

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becomes even more essential and like if

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you're going to take this seriously I

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would not do it without C data like I

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said it's got a free plan so why not but

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you can see here that's the product

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right I can go down here and I can

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actually click on video and now we get

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to see the videos okay what are the

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videos that are making all of this money

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and I can see right here all these

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different videos and I can click into it

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that one made $28,000 $43,000 right it

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tells you the view count the nice thing

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is it'll even tell you right there like

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you can see this one has an ad so you

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want to exclude that data probably

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because they're running ads to it and

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you don't really know if that video

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grabbed the algorithm and took off or if

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they're just running ads to it now you

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could make a video like that and run ads

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to your video as well but I would

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exclude that when you're looking in the

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very beginning and just look for things

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that aren't running ads now if we go

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into to watch this video check this out

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it's just someone walking through their

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house pointing to their camera and

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talking about it and that's how Tik Tok

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is that's kind of the beauty of Tik Tok

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is it's not Hollywood Productions it's

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just people like showing hacks and

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things that happen and things like that

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you start with the problem hey are

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people breaking into your house do you

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not feel safe in your neighborhood check

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out what we just bought to solve our

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problem this is what it does that's the

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video now this is very very very

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important because I am not telling you

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to go download their video and copy

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everything that they do and call it your

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own I'm telling you that Tik Tok and

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cata are telling you what's working

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right here if he's walking around his

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house pointing at different places he's

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put the product and talking about it you

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can make make a video just like that

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just use your own voice and your own

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spin so you're going to make these

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videos and you can make a bunch of

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videos you can make 10 videos about one

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product and see if one of them takes off

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right so I can look at the top 10 videos

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and make a video similar to each one of

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these and see which one pops off I can

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buy one product and I can just keep

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going until I manage to get that pop off

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video and the beauty of this is It's all

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about momentum right so if I can get

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just a few products to start popping off

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and taking off here in my Tik Tok shop

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right now what I go do is I go look at

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my profile okay so head to your Tik Tok

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profile and you start deleting the

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videos that aren't working okay the

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videos that got zero views or 100 views

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right you delete those videos and get

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rid of them you got this profile with

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just good videos right your best videos

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that perform the best and now as you go

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out there and you start to find other

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products that are popping off right now

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you can go to the seller and you can

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click can I you know have a free sample

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and the seller looks and says yes this

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guy makes good videos that pop off now

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the second way you can do this if you

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want to skip categories and all that fun

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stuff all together I can just click on

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product in the top right and I can

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remove all categories over here and now

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it's just going to say these are the

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products that are popping right now this

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is what's happening on Tik Tok right and

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I can start scrolling through oh I've

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got that oh I've got something similar I

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want to buy that right and I can just

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scroll through here and find the

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products that are just bumping right now

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make a purchase and make my own video

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about it now I told you how to I was

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going to tell you how to double up on

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your money and I am we're going to leave

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a link to a video right here and we'll

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also leave a link down below to that

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same video and that's how to get started

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with the Amazon influencer program which

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is a very similar thing but doing on

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Amazon and you can literally take your

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videos and upload them to both

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simultaneously and it's just a few more

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clicks to upload to Amazon and upload to

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this and you're doubling your chances

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I'm seeing lots of these creators that

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are just uploading videos both

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directions now this entire method is a

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rinse and repeat method rinse and repeat

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and do this for 6 months and I do not

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see how you do not start to see big wins

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now the next few videos on this channel

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are going to focus on this and so if you

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want to learn hacks for making a lot

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more money and maybe not doing any more

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work to do so go ahead and click

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subscribe and you'll get hit with all

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those videos as well

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Related Tags
TikTok MarketingAffiliate EarningsOnline MoneyBeginner GuideRevenue GrowthContent CreationE-commerce TipsSocial Media SellingMarketing StrategyInfluencer Program