If you stick with TikTok in 2024, you will definitely make money!

Recently, the most popular platform in the cross-border circle is TikTok, and good news about TikTok has been heard frequently by cross-border people. For example, after TikTok returned to the Indonesian market, the total number of merchants exceeded 150,000; TikTok Shop's fully managed Valentine's Day promotion ended, with orders in the UK market increasing by 132%, and payment GMV in the US market increasing by 116%.

Not only that, TikTok Southeast Asia has also achieved dazzling results in the past 2023. Yipit Data data shows that in 2023, TikTok e-commerce GMV in Southeast Asia accounted for more than 90%, of which Indonesia, Thailand, Vietnam, the Philippines, and Malaysia accounted for approximately 28%, 22%, 17%, 12%, and 11% respectively; the US market has achieved high growth since its launch in 2023, accounting for approximately 8.6% of GMV by the end of 2023, and the UK accounted for approximately 1.2%.

TikTok's development opportunities are not limited to this. According to a survey by Japanese media, the short video app "TikTok" from China topped the list of the apps with the most global user consumption in 2023. The report pointed out that the "Nikkei" commissioned a US data AI platform company to conduct a survey and compared the data from 2020 and 2023. In the future, there is still a lot of room for growth in the number of users and consumers on TikTok.

TikTok's e-commerce business has become a hot commodity in the eyes of cross-border people. Everyone is rushing to enter the market. How can you make money on TikTok? On the basis of being able to master the basic operations of TikTok, you also need to know these 7 ways to monetize.

1. Creator Fund

There are certain standards for the Creator Fund to be opened: the number of fans reaches 10,000, the cumulative number of views reaches 100,000, and the age is at least 18 years old. After opening, the platform will give corresponding rewards based on the number of views.

2. Link

The hanging links generally include independent site links, Amazon links, alliance links, and promotional links of various apps, as well as SNS accounts, etc.

3. Customized services

Like domestic TikTok, it publishes interesting videos and then provides customized services, such as old photo restoration and cool photo production. It allows customers to provide materials and produce them according to their requirements.

Like domestic TikTok, it publishes interesting videos and then provides customized services, such as old photo restoration and cool photo production. It allows customers to provide materials and produce them according to their requirements.

4. Accept advertisements

Once you have a certain fan base, you can accept advertisements. The types of advertisements include related product advertisements, reviews, and live streaming. Product advertisements are common among bloggers with high originality, who will make the products appear appropriately in the video.

The most common type of review in short videos is unboxing, which is used to show the quality of the product. Live streaming of goods on Tik Tok is only available in certain areas.

5. Selling TikTok accounts

You can register Tik Tok accounts in batches, and then create different accounts by category, and price the accounts according to the number of fans, account weight and attributes. You need to find a buyer, and there are websites dedicated to selling accounts, such as fameswap.com.

6. Advertise

Tik Tok advertising currently requires an agent to open an account. Currently, it provides bidding advertising and brand advertising. It is not as mature as FB advertising and is relatively simple to operate. The traffic obtained by Tik Tok advertising is not so accurate, and the ROI fluctuates greatly.

There are many other ways to monetize Tik Tok. Sellers can use this emerging channel to sell goods and expand new markets, and cross-border service personnel can make money through peripheral businesses. In any case, Tik Tok will be a new battlefield that cannot be ignored in 2024, and it is also a new challenge facing everyone.

Whether you are already doing Tik Tok or are preparing to do Tik Tok, we hope that everyone can stick together and fight together.