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27/03/2023Affiliate marketing involves promoting and selling another company’s products or services for a commission. It gives you (the affiliate) an opportunity to earn money online from selling online. Product creators or merchants can start an affiliate program, where online marketers encourage their online readers, viewers, or contacts to buy the products. Thanks to each affiliate marketer having a unique link, the product creators can distinguish who sends buying consumers through to their site and, in return, pay the affiliate marketers a percentage of the money these people spend at the site.
The most successful affiliate marketers have a sizable audience of relevant followers on social media platforms, blogs, or video-streaming channels. For the younger generation, (GEN Z and Millennials) TikTok is an excellent way to do affiliate marketing. Below we will have a deeper understanding of how affiliate marketing works on TikTok and how you can earn extra money from it.
TikTok officially has over 1 billion monthly active users. TikTok users watch 167 million hours of videos every internet minute, and it is the most downloaded globally platform since 2020 across both the iOS and Android app stores. Additionally, TikTok is a top-grossing non-gaming app with over 110 million dollars of user spending.
TikTok has a young audience, aged between 10 and 19, according to Statista, with a further 29.5% aged 20-29. For instance, if you have a popular TikTok account and carefully select products that will appeal to your audience, you have the potential to succeed with affiliate marketing on the platform. The most important consideration you need to consider is ensuring that your affiliate offers appeal to your TikTok audience.
How Does Affiliate Marketing on TikTok Work?
TikTok is merely a selling venue of choice for the affiliate marketer and there are three parties to any affiliate transaction:
- The Product Creator: The firm that provides the product for sale and decides to use the affiliate marketing sales model. This could either be the manufacturer of a product or a retailer that chooses to use affiliate marketing to sell its inventory.
- The Affiliate Marketer: A person who signs directly with a product creator or an affiliate network to market their products to their online readers, viewers, or contacts. On TikTok, the affiliate marketer will promote the affiliate products in their TikTok videos.
- The Consumer: Someone who ultimately buys the affiliate product. In TikTok, the consumer is likely to be a viewer of the affiliate marketer’s videos.
On TikTok, the product creator or affiliate network will provide a unique code for each affiliate marketer. The affiliate marketers then reference their code somewhere in their TikTok videos.
How to leverage organic traffic on your TikTok videos:
At first, you absolutely need to already have a reasonable number of people viewing and preferably engaging with your TikTok videos. If don’t have many followers you could experiment with some of our suggestions on how does the TikTok algorithm work? on how to create videos that the TikTok algorithm will prioritize:
- Focus on a subculture/niche audience
- Keep your videos short and clear
- Make the first few seconds of your video count
- Leverage popular hashtags
- Use trending audio to your advantage
- Make your captions relevant and engaging
If you don’t yet have a popular TikTok account, it may be best to wait a while before trying to monetize your TikTok account with affiliate marketing.
Marketing to Your Organic Traffic
You need to establish a clear niche for your account and make and share videos that appeal to those interested in that topic. The affiliate products you choose to promote also need to appeal to those people. For example, you should focus on creating videos about teenage beauty, skincare, or fashion in order to target younger audiences. However, Generation Z is notorious for disliking traditional advertisements; so, you should blend your affiliate products into your videos naturally. This will be much easier if you select affiliate products that your typical viewers would use. You need your product placement to appear subtle and organic.
Though, how you can make things work, and how you can lead people to buy the product and ensure the product creator/merchant or affiliate network knows that you sent these consumers:
There are several ways you can achieve this:
- Include a Link in Your Bio
Include a link in your TikTok bio. This is generally the best organic way to drive traffic, so it is the ideal place for you to include the custom link that the affiliate company or network gave you. Additionally, using a link to a landing page or your website gives you more opportunities to promote affiliate products, and it works better if you are promoting multiple products.
- User LinkTr.ee to create a bridge page for multiple affiliate links
- Link your other social media accounts
TikTok includes fields for you to enter your Instagram and YouTube profiles, making it easier for you to direct people to see your other posts and promotions.
- Use coupon codes
Affiliate brands can provide you with coupon codes to give to your followers and supporters.
- Mention dedicated URLs in your video
For example, if you are known as an influencer or are already sending a reasonably high level of traffic through to your affiliate company or network’s site. The affiliate company may consider giving you a dedicated easy-to-remember URL you can use in your marketing. Then, when somebody goes to that web page and buys something, the company will instantly credit that sale to you and pay you an agreed commission.
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