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How to make money off of Tiktok? Once again, we got you covered! Welcome to optimum finance as we teach you how to build passive income, become financially free, and design your best lives!
Today, we’re going to talk about three ways to make money off of the most popular social media platform today, tick tock! let’s just get right into it!
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Any earnings or income representations are aspirational statements only of your earning potential. There is no guarantee that you’ll receive the same results or any results at all for that matter. Your results will depend entirely on your work ethic, experience, etc… As always there is a risk with any business. I am not a financial advisor and nothing in this video should be considered legal advice
Number one, you can sell products, specifically, digital products, using a link tree that links to different things like free courses that you’ve created for your users.
Basically, if they go into the free course, and they see that they want to learn a bit more, you can set up a paid course. You have to lead them to this funnel essentially, by putting in mind putting value in your video content.
Once they trust you, once they know that you know what you’re doing, they’d support you.
With this method, you promote different products that you use yourself or recommend and think it will give a lot of value to your users.
You want to make sure when you’re doing affiliate marketing, it’s something that you really passionately care about and you use the product or service personally.
With this method, you really have to prioritize the benefit that your audience gets.
When you’re promoting these products, you can use a unique referral link.
And when people purchase through the link, you get a commission as well.
So it’s a win-win-win situation for the buyer, for the seller, as well as for you who’s promoting it.
Now people like Brandon Schlichter from Investment Joy says he makes $3,000 a month from Tiktok, which is a huge amount for posting these videos. And it really goes to show that you can actually make money through this platform.
And now for the third and last tip, What we’re about to share with you is by far our favorite way to monetize Tik Tok. This is also our favorite way to monetize social media in general.
The thing is: when you grow a following on social media, that’s it. You’re growing a following on that social media platform. Eventually, that social media platform is going to make you pay for that reach.
If you really want to monetize your social media, you need to be focused on building your own product or service around that social media presence. Take advantage of what Tiktok has right now which is more organic reach on the other platforms.
You can get more leads, you can get more people’s email addresses, you can get more phone numbers, and you can get more people to convert and actually buy the things that you’re going to be selling them. You have to take that customer off Tiktok.
By doing so, you’ll have a direct line of communication with your potential clients or customers. If you look at any big influencers, look at Conor McGregor, he made how much money from fighting? in the UFC he earned around what, five, six 7 million dollars? Yet fairly recently, he just sold his whiskey company for $100 million.
He built a product and then was able to sell that product due to his influence. Social media platforms are amazing for doing business regardless of the niche you’re in.
Now, which one do you like? Comment down below if you have questions about today’s topic.
The optimum finance team wishes you good luck. And if you found this video helpful, please subscribe. Thanks!
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